Gambling News - 'Regulation'
Industry
May 3, 2023
UKGC Posts Plans for Implementing White Paper Proposals
After years of waiting, the Gambling Act Review white paper was finally released. After careful evaluation, the United Kingdom Gambling Commission (UKGC) published its plans for the implementation of the changes outlined in the paper. The document covers more than 60 areas of work for the UKGC alone and will likely take years to complete. […]
Industry
May 3, 2023
Estonia Considers Increased Taxes for Operators
The Baltic nation’s new government is keeping true to its planned gaming reforms. Its newly proposed taxation policy update outlines small but incremental hikes across all forms of gambling. Estonia currently sports one of the lowest industry tax rates in Europe. The planned minor increase should still allow the sector to remain attractive despite tightening […]
Legal
May 3, 2023
Proposal in Victoria Calls to Increase Sports Betting Tax
A few years ago, in 2019, Victoria, the second smallest yet second-most-populated Australian state after New South Wales (NSW), implemented the point of consumption tax (POCT). At the time, the tax was only 8%, but it has undergone an increase to 10% back in 2021. Now, the local government seeks to further increase the aforementioned […]
Sports
May 2, 2023
Ohio Blocks Certain Betting Products amid Integrity Concerns
Buckeye sports fans should forget about wagering on college baseball games involving the Alabaman team for a while. This comes as the local regulator detected suspicious activity during the latest match between Alabama Crimson Tide and LSU. As reported by ESPN, US Integrity, a Las Vegas-based independent integrity monitor, filed a report about concerning activity […]
Casino
May 2, 2023
UAE Might Greenlight Gaming in 2023, MGM Resorts Hopes
MGM Resorts International, a global gaming and hospitality giant, is currently eyeing the situation in the United Arab Emirates, where Wynn Resorts is building a multibillion-dollar property. The country previously claimed that it will not legalize gambling in spite of the aforementioned property but MGM Resorts thinks otherwise. The company is hopeful that either Dubai […]
Legal
May 1, 2023
Peru Amends iGaming Laws, Prevents Anonymity
Peru, which recently introduced a law that regulates iGaming and online sports wagering, has announced that players will be unable to maintain their anonymity when playing online. The measure seeks to prevent financial fraud and possible tax evasion. Gamblers Will be Unable to Remain Anonymous Peru legalized online gambling in August when Law 31,557 was […]
Industry
April 28, 2023
Public Health Specialists and Anti-gambling Advocates Lambast UK’s White Paper
After the long-awaited Gambling Act white paper finally saw the light of day, many doctors, campaigners, and politicians quickly shared their disappointment in the proposed measures, calling for additional restrictions. Although the government has given itself a one-year grace period to iron out the final details, significant changes are unlikely. The Paper Does a Lot […]
Legal
April 28, 2023
Australia to Ban Credit Card Deposits in iGaming
Gamblers in Australia will soon find themselves unable to gamble online using their credit cards. According to the government, people should not be able to wager money they don’t have. The Australian federal government is set to introduce the legislation in the next few months. The measure was first proposed in 2021 as studies demonstrated […]
Legal
April 27, 2023
White Paper Offers Ample Changes, Industry Hails Its Arrival
Gambling in the United Kingdom is about to change as the Gambling Act white paper is finally out. The document outlines a number of proposals that can be taken to lower the problem gambling rates in the country and protect children from harm. The review seeks to modernize the British law, which has remained largely […]
Legal
April 27, 2023
Betfair Fined for Accepting Illegal Bets in Sweden
Betfair has gotten itself in trouble in Sweden where it has offered markets on events featuring young players. Because of that, the operator received a warning and was forced to pay a fee. The Spelinspektionen, Sweden’s gambling regulator, announced its decision today. It explained that Betfair, a sports betting operator, offered markets for the U21 […]