Business , Casino , EMEA , Finance , Legal , Legislation
May 23, 2023

SkillOnNet has been charged £305,105 by the UK Gambling Commission (UKGC) to support social responsibility initiatives

SkillOnNet has been issued a “payment in lieu of a financial penalty” by the UK Gambling Commission (UKGC) amounting to £305,150 due to violations related to social responsibility and anti-money laundering measures. SkillOnNet, the operator of 50 websites, including white label arrangements such as gentingcasino.com, playtoro.com, and slotstars.com, has become the latest target of the […]

Asia , Business , Finance , Legislation
May 23, 2023

Online gaming winnings taxed in India

According to a recent announcement by the Indian government, bonuses, referrals, and incentives provided by online gaming companies will now be subjected to taxation. The government considers these elements to be a part of a player’s overall winnings, as reported by Reuters. The Central Board of Direct Taxes has issued new guidelines stating that online […]

Business , Legislation , North America , Regulation , Sports Betting
May 23, 2023

Minnesota sports betting bill did not pass the legislative session

The approval of gambling legislation will now be postponed until the next legislative session. The legislative session in Minnesota concluded without the sports wagering legalization proposal being brought to a vote. Minnesota will not see the legalization of sports betting this year as the legislative session concluded without addressing HF 2000. Despite making progress earlier […]

Business , Casino , EMEA , Finance , iGaming , Legislation , Partners
May 23, 2023

SlotMatrix has successfully obtained RGS ontent certification in Bulgaria

EveryMatrix’s B2B aggregator, SlotMatrix, has recently achieved certification for its casino content powered by the Random Number Generator (RGS) in Bulgaria. With this certification, SlotMatrix gains the ability to provide Bulgarian operators with a wide range of in-house and third-party studio games, including titles from esteemed developers like Armadillo Studios, Spearhead Studios, and other exclusive […]

Business , Casino , EMEA , Finance , iGaming , Legislation , Regulation
May 23, 2023

UK Treasury Committee Suggests Treating Crypto Investment as Gambling

The House of Commons Treasury Committee in the UK has proposed treating retail investment in cryptocurrencies as a form of gambling. In its report examining the advantages of cryptoassets, their underlying technological value, and the risks associated with investing in them, the committee expresses its disapproval of the government’s intention to regulate cryptocurrencies as financial […]

Business , Casino , iGaming , Legislation , Oceania , Regulation
May 22, 2023

Australia’s aim to decrease gambling ads while TikTok expand its pilot program

As efforts to tighten control on gambling advertisements persist in the country, TikTok continues to enjoy an exemption from these regulations. Australia’s decision-makers find themselves caught in a clash of ideals, struggling to reach a consensus. While there is a federal movement to implement a complete ban on gambling advertisements on TV, including extending the […]

Business , Casino , Finance , iGaming , Legal , Legislation , North America , Regulation
May 22, 2023

Senator Jessica Ramos imposes halt on the Citi Field Casino plan

New York State Senator Jessica Ramos, a Democrat who represents the neighboring communities of the ballpark, has stated to the New York Post that she will not introduce a bill to change the current parkland designation of the land desired by Cohen for his proposed entertainment complex, which may potentially include a gaming venue. The […]

Business , Casino , EMEA , iGaming , Legislation , Regulation
May 22, 2023

The initial consultations for the Gambling Commission white paper are scheduled to take place this summer

Sarah Gardner, the deputy chief executive of the British Gambling Commission, announced that the outcomes of certain consultations on the regulator’s gambling white paper will be made public this summer. Speaking at the Lotteries Council Annual Conference, Gardner emphasized the importance of ensuring accuracy and effectiveness in the commission’s consultations regarding Licence Conditions and Codes […]

Business , Casino , EMEA , Finance , iGaming , Legislation , Regulation
May 19, 2023

First bet for most problem players from Denmark was placed under age of 25

Since its establishment in 2019, StopSpillet has received close to 2,500 calls. Recently, Spillemyndigheden has shared data from its helpline, StopSpillet. New data on problem gambling has been released by the Danish gambling regulator, Spillemyndigheden, obtained through its national helpline, StopSpillet. According to the data, a significant majority (88%) of individuals facing gambling-related issues placed […]