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2017 – Eventful Year for the Gambling Industry
- January 1, 2018 By Oliver Young -
2017 has been a rather vibrant year for the online gambling industry and the gambling industry in general, especially in terms of legislation. It appears that the legal issues haven’t been settled once and for all and we can expect a lot of changes in the upcoming 2018. For one, it seems that countries that […] Continue Reading
Casino Legalisation Proposal Put Forward in Kentucky
- December 27, 2017 By Oliver Young -
The fiscal implications of casino liberalisation are definitely taken into consideration by all legal authorities when they are about to reach a decision whether to allow the establishment of casinos, or expand the number of casinos. That generally holds for both online, as well as land-based casinos. Kentucky is one of the states which doesn’t […] Continue Reading
GVC to Offer £4 Billion in a Ladbrokes Coral Takeover Bid
- December 25, 2017 By Oliver Young -
In recent years, many gambling and betting operators have merged with other companies, and this consolidation trend is pretty obvious in the UK. Generally, companies decide to merge when they wish to lower their expenses, primarily their overhead expenses, thus increasing their profits. Stakeholders, and particularly shareowners agree to mergers because they often feel that […] Continue Reading
Macau November Gross Gaming Revenue Up By 23%
- December 22, 2017 By Riley Wilson -
Macau gaming market recorded a substantial growth in November 2017, which is great news for the Chinese special administrative region, especially bearing in mind the expectations weren’t so optimistic. According to the data published by the territory’s Gaming and Inspection Bureau (GIB), November performance was much stronger than initially estimated. A Great Result The numbers […] Continue Reading
Atlantic Canadians Wager Millions Online at Offshore Sites
- December 20, 2017 By Oliver Young -
While Quebec started its battle against illegal offline casino operators a while ago and decided to block offshore operators that offer services to the Quebecoise, a decision which caused concern in Canada and abroad and even the chief of the Canadian Internet Registration Authority was forced to react and publicly say that he and his […] Continue Reading
UK FOBTs Self-Exclusion Scheme Not Efficient
- December 18, 2017 By Oliver Young -
The UK Gambling Commission has made the news on more than few occasions in the past year and it is clear that the UK regulator and probably the most reputable licencing body in the world intends on enforcing the standards and procedures that are already part of the UK legislative framework. Moreover, as legislators are […] Continue Reading
25,000 Children in the UK Have a Gambling Problem
- December 13, 2017 By Oliver Young -
The gambling legislative and landscape in Britain is about to undergo through several changes, especially when it comes to protection of people who are or may become problem gamblers. A particular accept will be placed on younger people, especially those under the age of 18, who are not even legally allowed to play casino games […] Continue Reading
New Brazilian Gambling Framework Delayed Once Again
- December 12, 2017 By Riley Wilson -
Although it looked like Brazil’s new gambling legislation would be approved this year, it seems the country’s betting stakeholder will have to wait a bit longer. According to available information, Brazil’s Senate has halted the further progress of the new federal gambling framework. The Constitutionality and Justice Committee (CCJ) was about to approve Bill 186 […] Continue Reading
Malta to Abolish VAT on Event Betting
- December 11, 2017 By Oliver Young -
Malta may be one of the smallest countries in the EU, but this little island nation is a true giant when it comes to online betting and gambling, as many operators and providers are based in Malta and many of those who are headquartered elsewhere have branches and offices in Malta. Favourable tax policies and […] Continue Reading
Broadway Gaming Fined with £100K by the UKGC
- December 6, 2017 By Oliver Young -
The UK Gambling Commission announced at the beginning of the year that it will impose heavier fines on gambling operators that break the rules and one of the key goals in the new 3-year strategy is to make gambling fairer and safer for everybody. One way to make gambling fairer is to fine operators that […] Continue Reading