Gambling News

- March 23, 2016 By Oliver Young -

Not only they have recently posted a serious decline in profit, but online bookmakers in Russia are also making slow progress towards meeting the newly set requirements related to payments. The independent regulatory body Bookmakers SRO told media this week that the JSC KIWI-Bank based in Moscow will be handling all online betting payments based […] Continue Reading

- March 22, 2016 By Samantha A. -

The French retailer’s earnings have been highly pressured by the deteriorating business in Latin America.  The Casino says that it is continuing with its plan to sell all of its assets in order to pay back its debt. The rating agency of Standard & Poor stated Monday that it downgraded the Groupe Casino’s French retailer […] Continue Reading

- March 22, 2016 By Nemanja L. -

World-famous poker room 888Poker has signed a deal with World Cup winner Denilison in an attempt to further improve their marketing efforts targeting the Brazilian market. The game of poker has seen a major increase in popularity in the South American country of late, with PokerStars making the first move by making world-famous footballers Ronaldo […] Continue Reading

- March 21, 2016 By Oliver Young -

The new slots parlor in Massachusetts owned by Penn National Gaming is going to be the first gaming facility in the United States to test the pre-commitment technology in slot machines called Play My Way. The purpose of this technology is to set spending limits when playing slots and to reduce the problem gambling behavior […] Continue Reading

- March 17, 2016 By Nemanja L. -

Online casino and bingo operators licensed in the UK will be obliged to pay tax on their free bet promotions from 2017, it has been revealed. Chancellor George Osborne presented the government’s new budget proposal on Wednesday, revealing the plan to impose a 15% general betting duty (GBD) tax on free bets and discounted wagers […] Continue Reading

- March 16, 2016 By Oliver Young -

According to media reports, 5Dimes, an online gambling operator based in Costa Rica, was accused by the US Homeland Security of advising gamblers to use Amazon gift cards in order to fund their gaming accounts. In the process to bypass the financial system in the US, the operator allegedly laundered approximately $2 million through these […] Continue Reading

- March 16, 2016 By Nemanja L. -

Russian online sports betting market has experienced all sorts of problems in 2015, with a majority of operators seeing a serious decline in operating profits. First Gaming gambling company has released a yearly report of the sports betting market in Russia and it is easy to see that leading gaming operators have been struggling to […] Continue Reading

- March 14, 2016 By Samantha A. -

The casino is planned to break ground in April of 2016. In the city of Mashpee Massachusetts the Mashpee Wampanoag Indian Tribe is now updating the Massachusetts gambling regulators on their plans to construct a casino resort south of the Boston area. The Mashpee Wampanoag Indian Tribe and the Gaming Commission of Massachusetts will be […] Continue Reading

- March 14, 2016 By Oliver Young -

Brazil is now a step closer towards online gambling regulation after the House of Representatives committee agreed on the amended version of the proposed gambling legalization in the country. Last week the Special Committee on National Development or the CEDN gave thumbs up to set of amendments the senators had proposed for the bill SB […] Continue Reading

- March 10, 2016 By Nemanja L. -

Recent reports are suggesting that Romanian government’s decision to ensure all remote operators who apply for a new license are obliged to pay back tax on total revenue made from Romanian players has seriously boosted the country’s economy in 2015. The Eastern European country long resisted temptation to create a regulated gambling market, but recent […] Continue Reading