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Industry
July 2, 2024
Sweden Implements Gambling Tax Hike to the Industry’s Dismay
On July 1, Sweden has officially increased its gambling tax in spite of the industry’s claims that such a measure would be counterproductive. Originally introduced in 2019, the 18% tax on gambling profits has been replaced with a 22% tax, in line with Sweden’s ongoing reforms. As mentioned, the gambling industry isn’t thrilled about the […]
Industry
July 2, 2024
German Regulator Reflects on the State of the Industry
German regulator Gemeinsame Glücksspielbehörde der Länder (GGL) marked its third anniversary by presenting its 2023 activity report during a recent press conference. CEO Ronald Benter highlighted the authority’s significant achievements, including the successful transition of many formerly illegal gambling operators to the legal market under GGL supervision. High Channelization Bolstered the Legal Market The GGL’s […]
Industry
July 2, 2024
Buenos Aires Suspends Issuing Online Casino Licenses
The Autonomous City of Buenos Aires, Argentina, announced it has decided to stop issuing online casino licenses amid mounting concern about underage gambling. The City of Buenos Aires launched its iGaming market back in 2020. At the time, the gambling regulator, LOTBA, permitted the expansion of online gambling activities across the city, paving the way […]
Industry
July 1, 2024
Gambling Regulator in Ohio Proposes Changes to Promotions, Ads
Last year in May, the gambling regulator in Ohio, the Ohio Casino Control Commission (OCCC), ordered Fanatics Sportsbook, the leading betting company that is a part of Fanatics, to take down a sports betting ad. The promotion in question offered customers in the state a bonus that matched the sum they spent via purchased merchandise. […]
Industry
July 1, 2024
No Need to Rush on the Casino Bill Vote Until August, Brazil’s Senate Says
Brazil, the country that took center stage in gambling regulation in February after completing the regulation process and finding the right mix between player protection and commercial interests, is on the verge of seeing land-based casinos get finally regulated. The legislation that also covers horse racing, instant win jogo do bicho games, and bingo is […]
Industry
July 1, 2024
PA Skill Games Creator Discusses the Sector’s Future
As Pennsylvania’s gambling sector recorded another month of growth, Pace-O-Matic (POM), the creator of Pennsylvania Skill games, used the opportunity to discuss the relationship between gambling and skill games, highlighting their unique market niche. POM was adamant that its products did not directly compete with the gambling sector and significantly bolstered smaller businesses. Legalization Efforts […]
Industry
July 1, 2024
CFTC Extends Public Comment Period for Proposed Election Bets Ban
The US government agency that focuses on prosecuting and investigating commodities fraud, hedge fund fraud, energy manipulation and other crimes, the Commodity Futures Trading Commission (CFTC), announced it extended its public comment period for proposed changes to its rules related to event contracts. In May, the agency confirmed its intention to ban derivative betting on […]
Industry
June 28, 2024
KSA Raises Fines for Illegal Gambling Terminals
The Dutch Gambling Authority (Kansspelautoriteit/KSA) unveiled a tightening of its fine policies for gambling terminals. According to the regulator, the old policies were outdated, prompting the need for change. According to the KSA, the new rules outline a significant increase in the fine size. Whereas fines for the illegal provision of gambling terminals ranged from […]
Industry
June 28, 2024
Spillemyndigheden to Start Accepting B2B License Applications from September 1
The Danish Gambling Authority (Spillemyndigheden) announced that gambling industry suppliers will be able to apply for a B2B license from September 1, 2024. This announcement comes as Denmark prepares to introduce a mandatory licensing system. For context, starting on January 1, 2025, suppliers of betting and casino games will only be able to offer their […]
Industry
June 28, 2024
Florida: Illegal Gambling Businesses Raided in Englewood
Close to 200 electronic gambling machines from two illegal gambling businesses in Englewood, Florida, were seized by law enforcement recently. The operation against illegal gambling resulted in the arrest of one person who is facing multiple charges for his suspected involvement. The Charlotte County Sheriff’s Office has been observing an increase in illegal gambling activities […]
