Malta’s Gaming Authority Malta Gaming Authority (MGA) released financial data for 2017. The gambling sector brought directly to Malta €1.1 billion. The island has a population of just 436,000, of whom 9,800 are employed in the gambling industry, which accounts for 11% of Malta’s economy. Malta collected €66.3m ($77.1m) in …
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The Danish state regulator, Spillemyndigheden, published statistics on the online gambling industry for the first quarter of this year. Gross revenue from online-gambling was DKK 1.52 billion (about € 203.9 million) for the three months of this year, up 8.9% from the same period last year but down 7% from …
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From January 1, 2019 a full ban on gambling advertising is set to take effect in Italy, even though the decree still needs to be ratified by the Parliament. The ban will affect all products and services related to gambling, on all media platforms, including television, websites, radio. Sports clubs …
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Spain’s Congress of Deputies, which is the lower house of the national government, has slashed tax rates for online gambling operators in the country. A string of tax cuts for online gambling operators were confirmed – headlined by a five-per-cent cut in gross gaming revenue from 25% to 20%. This …
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World Cup is running in full gear this month and same happens with betting business. The tournament is the gambler’s paradise and one of the major events all betting companies are waiting for to boost their profit. Despite the interest from the clients though, there are voices against betting during …
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Colombian gambling regulator Coljuegos announced that Italian gambling operator HBG Gaming Group had received a five-year license to offer online sports betting and casino games via its AguiJuego brand. Aquijuego.co becomes the eleventh licensed iGaming site in the market, joining fellow licensees Wplay, Betplay.com, Colbet, Zamba, Codere, Mijugada, Masgol, Luckia, …
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The Norwegian struggle against remote online igaming services is taking a boost with Gunn Merete Paulsen. The gambling regulator of the Nordic country, Lotteri-og Stiftelsestilsynet, reappointed Paulsen as its Director General, exactly when the pressure on government for restricting further the online igaming services increases. Paulsen held the same role …
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Online betting company 32Red, sponsor for various football clubs such as Rangers, Aston Villa and Middlesbrough, has been hit with 2 million GBP fine for failing to protect a client with gambling addiction. The vulnerable customer was allowed to deposit 758000 GBP between 2014 and 2017, but 32Red didn’t carry …
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The company Lottovate, owned by the Zeal Group, has developed a new lottery Raffld – the first in the Netherlands lottery after almost thirty years. This lottery is focused primarily on the Dutch “millenials” – people aged 22-36 years, a group that makes up a quarter of the population of …
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Malta-based online game developer Betsoft Gaming is launching its games in the regulated Romanian iGaming market after receiving licence approval from the country’s National Gambling Office. Full portfolio of games from Betsoft will be available on the Romanian market through partner platforms. Betsoft will supply the current and potential customers …
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On Sunday Swiss voters overwhelmingly approved blocking foreign-based betting sites in a high-stakes referendum on a new gambling law designed to prevent addiction, but which opponents said amounted to internet censorship. The new Gambling Act won the support of 72.9% of voters, according to final results, despite accusations that the …
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The European developer of software for gambling operators’ websites BtoBet announced plans to enter the market of Peru. BtoBet considers the Latin American iGaming market to be ‘up-and-coming’ and pointed to the imminent introduction of regulated online gambling in Peru as a positive portent of things to come. Developer already …
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According to the published government report of Kazakhstan, the gambling industry has replenished the state treasury by 5,5 billion tenge or about $16,6 million in 2017. Compared to the previous year, tax payments increased by 184%. It is noted that record success achieved due to penalties imposed on the company …
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Gambling in Latvia is rapidly gaining popularity. Last week, Latvian Ministry of Finance drafted a bill on a check lottery, designed to strengthen the control of tax revenues, and to increase annual tax revenues from gambling by €3 million. The budget of Latvia for 2018 provides for the development of …
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BetConstruct announced that the National Gaming Authority of Romania (ONJN) granted it a second category license, so that the company can now offer gambling products of well-known casino providers in the country. The software provider offers betting with fixed rates, casino games, games with real people and virtual games, a …
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Andorra first talked about gambling in 2016, when created the legal framework necessary to manage the nascent casino industry. Now Andorra is set to announce the winning bidder for the principality’s first land-based casino by the end of June. A total of 13 proposals from 9 gaming operators have been …
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UK-based gaming operator has extended its contract with the Delaware Lottery, agreeing to power the state’s regulated iGaming platform for a further two years. It was in 2013 that 888 first joined hands with the Delaware Lottery. It was the year in which the state became the first in the …
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The full sports betting could become available in Delaware by the end of June – the decision by the high court was released on Monday morning. The action comes in the wake of this week’s U.S. Supreme Court ruling that allows states to decide whether to allow its residents to …
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Pisa branch of national research council CNR published an annual results, according to which gambling is on the rise in Italy. The study revealed that at least 17 million people gambled at least once in 2017, up considerably from the 10 million figure that was registered in 2014. While the …
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The latest Seton Hall Sports Poll revealed that 62% of respondents believe state governments should be overseeing legal sports betting activity if the Supreme Court overturns the longtime federal betting ban, compared to just 27% who want federal oversight. The poll, which was conducted this week, showed that Far more …
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