The proposal to raise the point of consumption tax is anticipated to enhance Victoria’s racing sector. In 2019, Victoria introduced the tax at a rate of 8%, which was later increased to 10% in 2021. The local government now aims to raise the tax further to assist the state’s horse racing industry. According to the […]
Last month, L’Autorité Nationale des Jeux (ANJ) reported a marked improvement in gambling operators’ AML plans this year. However, it hasn’t been able to say the same thing about their plans to prevent problem gambling. Six operator action plans regarding problem gambling have been rejected by the French gambling regulator, l’Autorité nationale des jeux (ANJ). […]
After evaluating daily fantasy sports (DFS) offerings in accordance with Germany’s Fourth Interstate Treaty on Gambling, the Gemeinsamen Glücksspielbehörde der Länder (GGL), the country’s federal gambling regulator, has determined that some DFS products constitute unlawful gambling. During a hearing, the regulator identified that a popular provider had exited the market as a consequence of its […]
KRAIL, the Commission for the Regulation of Gambling and Lotteries, has reported a decrease in the number of illegal gambling sites targeting Ukraine. Out of the 1,895 sites identified, only 727 are currently offering unlicensed gambling in the country. The regulator attributed the decline in unlicensed sites to its collaboration with law enforcement agencies to […]
As Brazil moves towards the regulation of sports betting at a federal level, the matter of taxation needs to be addressed. Ana Moser, the sports minister, has suggested a plan that would place her ministry in charge of this aspect. According to Moser’s proposal, the tax rate for gross gaming revenue would be set between […]
After a year of delays, the UK gambling white paper was published last week, presenting a cautious response to the government’s review of the 2005 Gambling Act. Rather than definitive decisions, many issues have been slated for further consultation, resulting in mixed reactions among stakeholders. While the largest gambling operators have largely welcomed the proposals, […]
Estonia’s new government is following through with its planned gaming reforms, including incremental tax increases for all forms of gambling. Despite currently having one of the lowest industry tax rates in Europe, the proposed update to the taxation policy aims to keep the sector attractive while complying with tightening regulations. Operators will continue to pay […]
A draft law proposing the dissolution of the Commission for the Regulation of Gambling and Lotteries (KRAIL) in Ukraine and the establishment of a new executive body has been presented to the Verkhovna Rada by the Ukrainian Deputy Prime Minister, Mykhailo Fedorov. Mykhailo Fedorov, who serves as both Ukraine’s Deputy Prime Minister and Minister for […]
The latest data shows that due to the lack of legal sports betting options in Minnesota, residents are heading to Iowa to place bets. During the NFL season and March Madness combined, GeoComply, a geolocation security and compliance firm, blocked nearly 1 million bets from Minnesotans attempting to access sportsbooks in other markets, predominantly in […]
The UK government has finally published its White Paper on gambling, which proposes significant reforms for the operation of the country’s gambling industry. Many executives and stakeholders in the industry, such as Entain, a group involved in sports betting and gaming, have applauded the review of the UK Gambling Act 2005. The White Paper puts […]