The Ministry of Finance has submitted a draft law suggesting that the new government of Estonia increase the tax rates for online gambling, casino games, and lottery, citing the rapid growth of revenue in online casinos. The proposed bill recommends a gradual tax hike, which would increase the current tax rate of 5% for online […]
Industry specialists will be able to attend the Ibero-American Gaming Summit again in 2023 after a two-year hiatus due to the Covid-19 pandemic. The program for the seventh edition, which will occur on May 16 and 17 in Panama, is now accessible. Under the theme “A Future of Opportunities”, the summit aims to gather major […]
In April, there were expectations for the regulation of sports betting through a provisional measure. Now that period has passed, and the government has announced that the regulation will be released in the upcoming days. On May 4th, Senator Jorge Kajuru announced that the government of President Luiz Lula da Silva will propose a regulation […]
Despite being a predominantly Muslim nation, Malaysia has a thriving economy and is becoming increasingly attractive to foreign investors due to its diverse population and advancements in technology. As such, there is still ample opportunity for the growth of the gambling sector. Malaysia’s laws regarding gambling Malaysia, a predominantly Muslim country, allows various forms of […]
Bill Boyd has officially left the board of directors of Boyd Gaming (NYSE: BYD), the casino company he co-founded with his father Sam in 1975, ending his nearly five-decade tenure. He had served as the co-executive chairman alongside Marianne Boyd Johnson, who will now take on the position full-time. Johnson joined the company’s board in […]
To address the increasing gambling activity in the Balearic Islands, modifications will be made to slot machines, including the addition of warning signs and the removal of certain features that encourage prolonged play. This makes the Balearic Islands the first Spanish region to implement such changes. The warning signs will display questions about age and […]
The proposed legislation in Carson City, Nevada, which aimed to mandate online poker platforms to disclose their list of banned individuals, has not been successful. Speaker Steve Yeager (D-Las Vegas) introduced Assembly Bill 380 in March, with input from local online poker player Sara Cholhagian Ralston. Ralston expressed the need to communicate to the Nevada […]
The Saipan-based Imperial Palace Casino has not reopened and its operator, Imperial Pacific International (IPI), has faced numerous controversies that nearly led to the loss of its license. However, according to Mariana Variety, the casino’s closure for two years may have also caused significant damage to the property. Even if the court permits IPI to […]
The Commission of Economy, Banks, Finance and Financial Intelligence has granted approval for the amendment of multiple law articles in Peru. One of the recently introduced regulations is related to the iGaming and online sports betting industry, which prohibits players from maintaining anonymity while playing. This move aims to curb financial fraud and potential tax […]
The Victorian gambling regulator, VGCCC, directed Crown Casino in Melbourne on May 4th to ensure that all electronic gaming machines in Victoria have visible play and expenditure limits. This directive must be implemented by December 2023. As an anti-money laundering measure, every electronic gaming machine at Crown Casino will now be linked to a patron’s […]