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 […]
Soft2Bet, a prominent iGaming provider, has been granted a B2B license by the Swedish Gambling Authority, allowing it to offer its top-quality online gaming software and services in the rapidly expanding Swedish market. The approval of the license is a significant milestone for the company, enabling it to strengthen its B2C operations by better serving […]
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 […]
MGM Resorts International has revealed that LeoVegas, its wholly-owned subsidiary, has agreed to purchase the majority of Push Gaming Holding Limited and its subsidiaries, as well as the future operating commitment of the founding management team. Push Gaming is a renowned and creative game developer that provides engaging digital games to various betting and gaming […]