The international casino and entertainment company managing casinos and hotels around the world Century Casino will be the first fully operating casino in Bermuda after the adoption of the Law on gambling in 2014. The license must be approved on September 22. Century Casinos already operates in the Caribbean, and …
Read More »New regulations rules in Slovakia, Poland and the Czech Republic
Czech Republic, Slovakia and Poland has introduced a way to the gambling operators to get regulated and has required Internet Service Providers to ban the IPs of the unregulated entities. Violators who are found to have circumvented the ban could face fines of up to €500,000. These three countries have …
Read More »Maine – the fifteenth American state, legitimized fantasy sports
In the US state of Maine, the daily fantasy sport (DFS) was legalized, classifying it as a “game of skill” – the result of which depends not on luck, but on the individual skill of the participants. Operators who wish to operate in the state of Maine will have to …
Read More »India has ruled on the legality of fantasy sports
India’s Sports Ministry initiated talks over the potential legalization of sports gambling beyond horse racing, which is currently allowed under law. An official from the ministry has discussed ramifications with a member of the United Kingdom’s Gambling Commission. India has very tough gambling legislation. Horse racing has been legal as …
Read More »Australia limited iGaming services
The government of Australia is debating another regulation to limit iGaming services. Under the new bill, financial credits would be prohibited for local players at online gaming platforms, including casino and sports betting sites. Human Services Minister Alan Tudge said: “Importantly it bans the online gambling companies from offering lines …
Read More »Czech Republic introduces a tightening in gambling
Czech Republic government announced new rules for the gambling industry. Last month, national administrations held a meeting to control public corruption through gaming operations. This industry might represent a risk of corruption for public officers, as “favouritism, non-standard lobbying, economic and media pressure” could influence them according to a document …
Read More »Horse Racing Ireland increased betting duty
Ireland’s horse racing governing body proposed a higher tax rate for the betting sector. The body has asked the Industry to implement an increase in 1.5% for sports betting through a petition which was submitted to the Department of Finance. The proposal demands that the rate of duty should rise …
Read More »Gambling in Gibraltar will develop even despite Brexit
A gambling summit took place in Gibraltar. Albert Izola, an expert in the industry, said that the government is working on a document called “Review of gambling”, which will contribute to the employment of Gibraltar’s sustainable position in the industry in the next 10-20 years. According to Izola, the authorities …
Read More »Spain opening its virtual doors to neighbours
The online poker industry in Spain has suffered during the last years as online poker revenues have plummeted and online gaming operators have found it difficult to boost their revenues as the markets have remained sluggish due to poor online traffic and players being reluctant to spend at regulated online …
Read More »Bermuda will issue the first casino license in September
The Hamilton Princess & Beach Club is the first gambling license holder in Bermuda after applying to the Bermuda Poker Commission (BCGC). According to the conditions, the applicant for a preliminary license when applying for must pay a first installment of $600 thousand. After receiving a preliminary permit, you need …
Read More »Armenia plans to changes casino rules
Armenia hasn’t seen significant change to its gambling laws since 2006 and the government claims that despite large growth in the gambling sector the state has benefited little financially. As a result it is looking to expand future gambling operations with the view of being able to monitor tax and …
Read More »Will Malta launch a cryptocurrency for online casinos?
The Maltese state initiates the use of crypto-currency in gambling in terms of legally lawful and regulated use, – said the organization’s chairman Joseph Cuschieri. Crypto-currency casinos were considered one of the first applications of blocking technology since its invention ten years ago, but many of these organizations were shadowed, …
Read More »Delaware authorized daily fantasy sports
The House passed by 28-6 a bill that would legalise and regulate daily fantasy sports in Delaware. Due tj this reason Delaware has become the 14th US state to authorize daily fantasy sports operations, just as the state’s real-money online gambling market took a nosedive. House bill passed overwhelmingly through …
Read More »The rules of betting are tightened up in Europe
The Council of the European Union will now verify all individuals who register at bookmakers. This decision was taken to combat money laundering and terrorist organizations for which bookmakers are one of the best ways to hide their financial machinations. The rules for making bets must be tightened. In June, …
Read More »Belgium wants restrict gambling industry
Belgium is considered to be one of the most tightly regulated in regards to the betting industry, however, some claim further safeguards to occur there. Two bills were introduced in the last couple of months by the Christian Democratic and Flemish Party and Justice Minister Koen Geens. BGC officials have …
Read More »Slovakia blocks the largest international bookmakers
The Slovak financial department announced the implementation of a plan to identify and block illegal gambling business on the Internet. And presented its first black list of gaming domain names from 10 sites. As a result, such brands as 888, William Hill, 1xbet, Bet365, LVbet, Bet-at-Home will be banned in …
Read More »Gang players exposed in the Philippines
The Philippine Daily reported that the Philippine National Police (PNP) and the Bureau of Immigration (BI) detained 45 foreigners suspected of abducting international tourists from local casinos in recent months. According to the agency, three of the detainees are Malaysians, and 42 are Chinese citizens. In Manila casino the kidnappers …
Read More »Sydney wants to freeze slot machines
Australia has the highest gambling losses per capita worldwide, dwarfing casino hub Singapore. An analysis by The Economist in February revealed that Australians lost more per person than any other nation in 2016 — a massive $1292, averaged out across the population, not just gamblers ($11.6 billion in total). The …
Read More »Warner Bros. won the case for the slot with the heroes of Tolkien
In 2012, the law company Tolkien Estate and the publisher of the books HarperCollins filed a lawsuit against Warner Bros., claiming that the company broke the contract, promoting online gambling, slots and other online gambling products based on Tolkien’s books. In response, Warner Bros. filed a counterclaim, claiming that giving …
Read More »Turkey will try to displace illegal operators
Gamblers in Turkey are currently only able to gamble legally via the Milli Piyango lottery and the state-run SporToto sports betting service, with many individuals choosing to cross the border into neighbouring Georgia to gamble in casinos operating there. The Turkish government have announced the start of a two-year national …
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