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Gambling News - 'Regulation'
Industry
December 2, 2024
Macau Anticipates Changes to Economy Under New Leadership Strategy
The gambling sector represents a major part of the tax revenue in Macau, China’s special administrative region where the activity is legal. With approximately 80% of the revenue coming from gambling activities, the region hinted at plans to shift its focus from gambling to tourism, entertainment, leisure and hospitality. The aforementioned plan was first announced […]
Industry
December 2, 2024
Pushes for Gambling Reform Won’t Go Away, Says Tim Costello
Despite promises and calls by responsible gambling groups in Australia, the country is yet to implement effective restrictions on gambling marketing. Meanwhile, losses to casino gambling and sports betting are in the hundreds of millions on a monthly basis and billions annually. Late last month, the government in Australia laid aside gambling ad reforms ahead […]
Industry
November 29, 2024
GCB Addresses Licensing Reforms, Refutes Misconceptions
The Curaçao Gaming Control Board (GCB) has released a statement on rumors about its licensing reforms, refuting certain misconceptions and providing important clarifications. The statement was prompted by a recent complaint regarding the National Ordinance on Games of Chance (LOK) reform process. The complaint questioned the reforms and the integrity of the local licensing regime. […]
Industry
November 29, 2024
KSA Hits Techno Offshore and Novatech Solutions with Penalty Orders
Earlier in the month, the Netherlands’ Gaming Authority or KSA (Kansspelautoriteit) penalized Blue High House with EUR 600,000 ($624,827) for allowing its betonline.ag platform to offer its services to Dutch customers without a license. In a similar effort to eradicate the provision of unlicensed gambling in the country, the same authority has now issued two […]
Industry
November 29, 2024
UK’s West Sussex Considers Stricter Gambling Regulations
The Adur and Worthing councils in West Sussex are making a concerted effort to tighten gambling regulations, reflecting growing concerns about gambling-related harm. The proposed measures, including age verification policies, restrictions on credit facilities, and covert test purchasing, should create a safer gambling environment for local communities. West Sussex Takes a Proactive Approach A recent […]
Industry
November 28, 2024
Richmond Police Bust Illegal Gambling Operation
What appeared to be an ordinary tobacco outlet turned out to be the center of a significant illegal gambling operation, leading to multiple arrests and the seizure of thousands of dollars in equipment. This newest development highlights US’ ongoing battle against illegal gambling as law enforcement urges the public to report any suspicious venues. The […]
Industry
November 28, 2024
UK Betting Statutory Levy Rates Higher than Initial Proposal Estimates
Earlier this week, the UK confirmed its plans to implement a statutory levy applicable to betting and gaming companies. The betting levy, affecting all licensed operators would be charged based on the respective company’s gross gambling yield (GGY) from the previous year with the levy rates ranging from 0.1% to 1.1%. Now, Nick Arron, lead […]
Industry
November 28, 2024
City of Lipscomb Faces Financial Crisis After Bingo Hall Shutdown
Lipscomb Alabama, a small town near Birmingham, is dealing with financial problems after state officials closed an electronic bingo hall and froze the city’s bank accounts. Mayor Expresses Frustration Following Shutdown of Jay’s Charity Bingo The office of Attorney General Steve Marshall says Jay’s Charity Bingo took part in illegal gambling. This move means the […]
Industry
November 28, 2024
Victoria Gambling Regulator Issues 88 Disciplinary Actions
It has been a busy year for the gambling regulator in Victoria, Australia, the Victorian Gambling and Casino Control Commission (VGCCC), judging by its latest report. VGCCC Imposes Fines, Disciplinary Actions On Thursday, the Commission released its 2023-24 annual report, pointing to a number of resolved issues, including the enforcement of disciplinary actions against gambling […]
Sports
November 27, 2024
Suspended Soccer Referee Faces Investigation over Alleged Corruption
David Coote, a suspended Premier League referee is now facing a corruption investigation into a possible betting-motivated match manipulation. Coote denied the allegations, suggesting that his personal life has never reflected his on-field decision-making. Coote Might Have Manipulated a Betting Outcome Coote, who was suspended over a hotel video that showed him using a dollar […]