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Industry
August 21, 2024
Brazil Records 113 License Submissions as Application Window Closes
As Brazil continues its inexorable journey toward regulated online sports betting, dozens of new companies have applied for a license. On the final day for submissions alone, Brazil recorded more than 50 new applications. Fewer Companies Applied for a License Than Expected The last day for the license application was August 20. So far, 113 […]
Industry
August 20, 2024
Brazil Wants Harsher Punishments for Match Manipulators
Brazil’s Supporter Statue (Law 10,671/03) currently punishes those found guilty of match-fixing with prison between two and six years and a fine. The Chamber of Deputies‘s Constitution and Justice Committee (CCJ) has now recently passed bill 515/2023 aimed to alter the Supporter Statute by boosting penalties for sports professionals involved in match-fixing. The project proposed […]
Industry
August 20, 2024
Gambling Harm May Increase under New Law, Warns Finnish Health Institute
Similar to other countries in Europe, Finland is planning changes to its regulated gambling sector. A proposal in the country seeks to set up a gambling licensing system that will pave the way for the expansion of the gambling options available to Finnish customers and the transition from a monopoly model to a competitive market. […]
Industry
August 20, 2024
Genting Commits to High Integrity Standards After AML Claims
Resorts World Las Vegas (RWLV) owner, Genting Berhad, has issued a statement responding to the latest anti-money laundering (AML) violation claims brought forward by the Nevada Gaming Control Board (NGCB) on August 15. List of Violations NGCB’s list of violations questioned the way the company tackles the industry’s compliance requirements. Allegations against RWLV included “failure […]
Industry
August 19, 2024
Proposed 2% Gambling Levy on Revenue Could Stop Ads in Australia
Earlier this month, we reported the Australian government was pushing its plans to introduce a cap on gambling advertising during general television programming despite heavy pressure for a complete ban. The heated ad debate in the land Down Under has not come to a halt just yet, in light of a new 2% gambling levy […]
Industry
August 19, 2024
Philippine Senator Fights the Return of Virtual Cockfighting
Several years ago, the Philippines legalized online sabong operations. After the start of virtual cockfighting in 2020, the activity was expected to bring tax revenue. Yet, the government’s Bureau of Internal Revenue (BIR), as well as the Philippine Amusement and Gaming Corp. (PAGCOR), failed to collect all tax revenue due from e-sabong operations, despite many […]
Industry
August 19, 2024
Dolton’s Mayor Henyard Faces Backlash over Alleged Misuse of Taxpayer Money
The mayor of a small town in Illinois is in hot water amid allegations of lavish spending of taxpayer money. The peculiar case involves Tiffany Henyard, the Mayor of Dolton, who fell under scrutiny after reportedly failing to provide financial reports. The accusations against the Mayor resulted in the halt of payments from the Illinois […]
Casino
August 19, 2024
Glasgow Casino’s Request to Open 24 Hours a Day Denied
The efforts of Admiral Casino on Sauchiehall Street in Glasgow, Scotland, to increase its working hours to 24 hours a day were recently shut down by members of the city’s planning local review committee. Back in November, the same casino faced another rejection by the authorities in the city. At the time, Admiral Casino confirmed […]
Industry
August 15, 2024
Sweepstakes: a Priority for Catena, a Concern for Flutter
Following the revenue drop and important reshuffling of its executive team, 2012-founded publicly-traded online gambling information company Catena Media has announced it would revamp its operations and shift the focus on its top products, including the controversial sweepstakes in the upcoming months. On the other hand, FanDuel is more wary on the topic of sweepstakes, […]
Industry
August 15, 2024
Italy Enters Three-Month Standstill EC Inspection Period
Earlier in the week, we reported that Italy was preparing to complete a major gambling reform expected to shake the country’s industry. Now, the launch of the new framework for online gambling concessions has gone into a straight line, under the close supervision of the European Commission (EC). Namely, the licensing regime has entered a […]
