For UK based businesses, the world of iGaming and online gambling is an enticing market to move into. Even in the post-pandemic landscape, the annual gross gambling yield in the UK has continued to swell, with digital betting playing a major role in its ongoing growth. According to Statista, the UK now ranks in second...
Category: Gambling
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Golden Matrix (GMGI) Awarded Peru Online Sports Betting and iGaming License
Reading Time: 4 minutes The iGaming industry has seen a remarkable transformation over the past decade, largely driven by the advent of mobile gaming. As smartphones and tablets become more ubiquitous, they have revolutionized the way people engage with online casinos, sportsbooks, and other gaming platforms. Mobile gaming offers unparalleled convenience, allowing players to access...
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How Does Taxation Work for UK Online Poker Winnings? – Study Breaks
Understanding how taxation works for your winnings is crucial if you’re one of them. Most of you want to know if it is taxable or not, right? The UK has specific rules and regulations regarding gambling and poker winnings, and knowing these can help you manage your finances better. This blog will explain how...
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Mastering Online Casinos in Australia: Essential Tips for Players
Understanding this digital landscape can make all the difference between an enjoyable and frustrating casino journey – here are some key tips that can help Australian players make the most out of their experience. What is the Legal Landscape of Online Casinos in Australia? 1. Know the Regulations Online gambling is governed in Australia by...
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Philippines concerned that online casinos could be China-linked ‘Trojan horses’
Authorities in the Philippines are contemplating the future of Philippine offshore gaming operators (POGOs) after recent raids uncovered links to criminality as well as China-related national security concerns. Experts have warned that the industry, which supplies casino betting as well as card games and other online offerings, could pose a ‘Trojan horse’ threat to the...
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Election betting scandal revealed the niche market of political gambling in UK
Until the past few weeks, online casinos and bookmakers have made handy villains for an under-pressure government. Ministers could legitimately claim to be cleaning up Labour’s mess with reforms that partially roll back the permissive regulatory regime ushered in under Tony Blair. Now, thanks to the political betting scandal, it is the gambling sector’s turn...
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Illegal online gambling may rise in India due to high taxes, study says
A study by the Centre for Knowledge Sovereignty predicts a 30 per cent rise in illegal online gambling. India.- The Centre for Knowledge Sovereignty (CKS), a policy think tank based in Delhi, has released a study that suggests high taxes and insufficient legal frameworks are driving people towards illegal online gambling. The study estimates that...
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Refrain from online gambling: Riau Islands Governor to ASN
Batam (ANTARA) – Riau Islands Governor Ansar Ahmad has asked state civil servants (ASN) in the area to not get involved in online gambling. Speaking in Batam, Riau, on Friday, Ahmad said that if any ASN is found to be involved in online gambling, they will be subject to strict sanctions. According to him, online...
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Reiner Moser to take on role of GGL Chairman
The new Chairman will take up the role on 1 July. By Ciaran McLoughlin The Head of Department for the Ministry of the Interior, Digitisation and Local Government of Baden-Württemberg, Reiner Moser, is set to become the new Chairman of the Joint Gambling Authority of the German States (GGL). Current Chairman Udo Götze, who is...
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Emerging Markets: The Legalization of Online Slots in New Regions – Baltimore Post-Examiner
The world of online gambling has experienced rapid growth over the past decade, with online slots becoming one of the most popular forms of entertainment for millions of players globally. This surge in popularity has not gone unnoticed by regulators and governments worldwide. As the online gambling industry continues to expand, many regions are beginning...
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NOGA Director Peter-Paul de Goeij steps down
The Dutch Online Gambling Association Director will be replaced by Eric Konings on an interim basis. By Will Underwood After five years as Dutch Online Gambling Association (NOGA) Director, Peter-Paul de Goeij will step down from his role as of the 1 July, with Eric Konings stepping in as interim Director. Konings has...
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MGCB Increases Funding for Responsible Gambling Resources in Michigan
Last Updated: Jun 28th, 2024 The Michigan Gaming Control Board announced a $3 million increase in funding for responsible gambling resources, raising the budget to $6 million. The regulatory agencies also secured $1.9 million from the 2024 state budget, which will be used to expand the MGCB team by 14 new full-time staff members. The...