The Swedish gambling industry faces a pivotal moment as calls for Svenska Spel’s privatisation grow louder than ever. Gustaf Hoffstedt of the Swedish Trade Association for Online Gambling argues that government ownership undermines market fairness. With mounting financial struggles and regulatory fines, privatising Svenska Spel could promote impartiality and competitiveness in the gambling market. Explore […]
Paraguay is on the brink of a gambling revolution, ending the monopoly that has defined its market for decades. A partially approved bill aims to liberalize gambling, opening the market to private operators and enhancing regulatory oversight. These changes promise greater competition, increased tax revenue, and a modernized gambling sector benefiting players and the state. […]
Peru’s booming gambling market faces a critical challenge as the government proposes a controversial 1% consumption tax. With fears of double taxation and increased black market activity, stakeholders worry this move could disrupt the sector’s growth. Industry leaders urge action, warning that the tax could deter operators, impact players, and destabilize the regulated gambling framework. […]
The Rio de Janeiro State Lottery (Loterj) has launched a lawsuit in a Brazilian federal court, aiming to suspend the Secretariat of Prizes and Bets’ (SPA) list of approved gambling operators until the required fees are paid and a formal bidding process is completed. Loterj’s legal action highlights a complex regulatory battle as Brazil prepares […]
Nevada Gaming Holding, a prominent US-based investment manager, has officially acquired Spacesiks, Ukraine’s top online gambling firm and owner of Cosmolot. This acquisition not only enables Nevada Gaming to expand Cosmolot’s reach across Europe and North America but also signifies a critical boost for Ukraine’s economy in a challenging period. The acquisition, initially discussed at […]
Finland has unveiled plans to bring horseracing under the umbrella of its upcoming competitive gambling market, scheduled to launch on 1 January 2026. This move marks another step in Finland’s ongoing efforts to shift from a monopolised gambling framework, currently dominated by Veikkaus, to a demonopolised and fully regulated market. The government’s new regulatory framework […]
The Netherlands House of Representatives has voted in favor of imposing stricter age verification procedures for online gambling. The motion, proposed by Christian Union representative Don Ceder, calls for privacy-friendly and reliable controls to protect minors from accessing gambling and pornographic websites, as the country aims to strengthen regulations in the wake of perceived failures […]
Is Brazil on the verge of reshaping its gambling market? Over 2,000 unauthorised gambling websites will be blocked from operating in Brazil starting today, as part of the government’s crackdown on illegal gambling ahead of the 2025 market regulation. The Ministry of Finance’s Prizes and Betting Secretariat (SPA) is leading this initiative, sending a clear […]
Brazil is reshaping its gambling landscape, and key brands are being barred during the market’s transition. A recent list from the finance ministry excludes several major operators, signaling a regulatory crackdown. As Brazil gears up for a regulated market, licensed operators gain a strategic edge, ensuring player safety. Dive into the changing dynamics of Brazil’s […]
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