Legal
July 5, 2022
Romanian Gamblers Prepare for 40% Tax on Withdrawals
The Romanian Ministry of Finance has published its latest Fiscal Code draft featuring a massive 40% tax on casino withdrawals. The fresh code that contains additional updates to other important tax laws in the country has already sparked controversy among trade bodies in the industry. Among them, the Association of Remote Gambling Organizations (AOJND) voiced […]
Legal
July 4, 2022
DSWV Asked the GGL to Fight the Black Market
Deutscher Sportwettenverband (DSWV), the German association of sports betting providers, appealed to the new federal gambling regulator. The Association asked the Glücksspielbehörde (GGL) to take action now and curb illegal gambling. The GGL Must Take Action Now The DSWV knows that taking on the black market is no easy task. However, it is something that […]
Legal
July 4, 2022
Spain Considers Regulating Loot Boxes in Video Games
Loot boxes in video games seem to be one of the hot topics in the regulated gambling industry. Political parties and consumer unions across numerous jurisdictions have raised their voices in demand to regulate or ban them. Spain is one of the latest markets to discuss the fate of the loot boxes. The Ministry of […]
Legal
July 4, 2022
The Netherlands to Ban Microtransactions Once Again
The Netherlands is once again trying to ban randomized microtransactions in video games. To that end, six political parties have united to push new regulations that would label loot boxes as a form of gambling. Dutch Parties Want to Reinstitute the Ban In 2020, the Dutch government successfully banned gaming companies from offering loot boxes. […]
Industry
June 30, 2022
SportsBroker – Responsible But Still Unlicensed
SportsBroker, a virtual stock market for sports shares that “rise and fall based on team performance” continues to be operational in the UK, despite lacking a license, EGR reports. According to regulators, the company’s offerings do not constitute gambling. SportsBroker Is Yet to Receive a License SportsBroker is a company that introduces a novel form […]
Legal
June 28, 2022
Swiss Supreme Court Rejects DNS Blocking Complaints
Switzerland’s Federal Supreme Court has shown its support for the imposed ban on online gambling operators outside the country’s borders. The decision comes after the same court rejected a complaint formulated by three betting companies whose names have not been revealed. The Court Approved Intercantonal Lottery and Betting Commission’s Blocking Strategy The said domain name […]
Industry
June 28, 2022
YouGov: A Third of UK Bettors to Turn to the Black Market amid Reforms
New research by YouGov, a British international Internet-based market research and data analytics firm, assessed how bettors in the United Kingdom feel about the proposed restrictions. It turns out that many of them aren’t happy and may turn to the black market. Punters Aren’t Happy with the Proposed Restrictions As the United Kingdom anticipates the […]
Legal
June 27, 2022
The UKGC Changes Its Licensing Processes
The United Kingdom’s Gambling Commission (UKGC) has announced that it will overhaul its licensing processes. According to the authority, the current dedicated account manager model is not efficient enough. The UKGC Will Reallocate Its Resources The UKGC explained that operators will no longer have individual points of contact. Instead, licensing will consist of four sub-groups, […]
Industry
June 27, 2022
PAGCOR Settled $15M of the Fees POGOs Owed
The Philippine Amusement and Gaming Corporation (PAGCOR) announced that it has collected more than a third of the fees Philippine Offshore Gaming Operators (POGOs) owed. In total, the regulator recovered about $15 million. The rest is owed by operators that have remained closed since the beginning of the pandemic. The PAGCOR Recovered a Third of […]
Industry
June 20, 2022
KSA’s Jansen Asked Operators to Protect Their Users
The chairman of the Kansspelautoriteit (KSA), René Jansen, has reprimanded operators for not diligently protecting their customers from harm. He warned that failure to comply may eventually result in tougher restrictions. The KSA Asked Operators to Care for Their Customers The chairman of the Netherlands’ gambling regulator made this announcement during a speech at the […]
