Sri Lanka is on the cusp of a transformative endeavor as it meticulously assesses ten casino applications, marking a bold stride towards increased revenue and a crackdown on illegal gambling. State Minister for Finance, Ranjith Siyambalapitiya, assures rigorous evaluation as the nation embraces the prospect of legalizing casinos. In this exploration, we delve into the […]
Revolutionizing Gambling Addiction Care: The GRIT Act’s Pioneering Approach The United States is poised to make a groundbreaking move in addressing gambling addiction through the introduction of the Gambling addiction Recovery, Investment, and Treatment (GRIT) Act. This federal bill, presented in both the House and Senate, marks a crucial legislative attempt to tackle the growing […]
Vermont Ushers in New Era with Online Sports Betting In a landmark move, Vermont has officially opened its online sports betting (OSB) market, marking a significant step in the state’s gambling landscape. As of 12am ET on January 11, Vermont residents and visitors can place bets with leading sportsbooks FanDuel, DraftKings, and Fanatics. Anticipated Revenue […]
BGC Announces Leadership Transition: Michael Dugher to Become Chairman The Betting and Gaming Council (BGC), a pivotal body in the gambling sector, is navigating a significant leadership transition. Current CEO Michael Dugher is set to ascend to the role of chairman, succeeding Brigid Simmonds OBE, who will step down on April 20, 2024. Hunting for […]
Curaçao Bar Association Voices Concerns Over LOK Gaming Law Curaçao’s Bar Association has expressed deep reservations about the proposed National Ordinance for Games of Chance (LOK), challenging the powers assigned to the new regulatory body, the Curaçao Gaming Authority (CGA). The law, spearheaded by Finance Minister Javier Silvania, seeks to align the country’s gaming regulations […]
Javier Silvania Tackles Misinformation about Curaçao’s New Gambling Law Curaçao’s Finance Minister Javier Silvania has issued a pivotal statement addressing misinformation around the island’s impending gambling law, the National Ordinance for Games of Chance (LOK). The LOK, poised to revamp the regulatory landscape, entered parliament in December, marking a significant transition from the existing National […]
Curacao GCB Streamlines Portal Authorization for Enhanced Gaming Regulation The Curacao Gaming Control Board (GCB) has announced key updates to portal authorization rights for gaming operators, following the recent directive from the Minister of Finance. These changes, effective from January 15, 2024, aim to clarify access rights and account responsibilities, enhancing the regulatory framework for […]
Belgian Gaming Commission Sets Licence Fees for 2024: A Comprehensive Overview The Belgian Gaming Commission (GC) has officially unveiled the licence fee structure for 2024, marking a significant development for operators within the nation’s gambling landscape. These fees, essential for covering operational, personnel, and establishment costs, vary depending on the class of the licence held. […]
UK Gambling Commission Levies £6M Fine Against Gamesys for Regulatory Breaches The UK Gambling Commission has imposed a significant £6 million fine on the online gaming operator Gamesys for a series of social responsibility and anti-money laundering (AML) failings. This action underscores the regulator’s commitment to ensuring fair, safe, and crime-free gambling practices. Comprehensive Audit […]
Supreme Court’s Decisive Hearing on GST for Online Gaming in India The Supreme Court of India is set to conduct a landmark hearing on the Goods and Services Tax (GST) implications for the online gaming industry on April 2. This hearing is a crucial juncture for several online gaming companies challenging the retrospective tax imposition. […]