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Industry
October 31, 2024
UK Gambling Operators Catch a Break as Government Delays Tax Hike
Gambling companies operating in the UK, like Flutter Entertainment and Entain, are breathing a sigh of relief today as the UK government’s newly released Autumn Budget leaves gambling tax rates untouched, staving off an anticipated hike that loomed over the industry. While the country’s gambling sector will likely see tax increases in the long term, […]
Industry
October 31, 2024
NY’s RPP Discusses More Problem Gambling Prevention Measures
New York State’s Responsible Play Partnership (RPP) born as a means of uniting all stakeholders in addressing problem gambling and bridging gaps between gaming operators and treatment providers has announced a series of important collaborative measures to curb problem gambling. At a gathering at del Lago Resort & Casino, the RPP, comprised of the New […]
Industry
October 31, 2024
Polls Predict Close Harris-Trump Race, Betting Markets Disagree
After clearing up its hurdle with the Commodity Futures Trading Commission (CFTC), Kalshi, the regulated exchange and prediction market, announced earlier this month that it recorded a surge in demand for betting markets on the upcoming Presidential Election in the United States. Now, while official polls predict that the race between former President Donald Trump […]
Industry
October 31, 2024
Isle of Man Regulator Responds to UN’s Laxity Accusations
Isle of Man’s Gambling Supervision Commission (GSC) has responded to a UN report that accused it of relaxed licensing practices. While the report suggested that the commission has allowed Asian criminals to exploit the licensing system for cyber fraud, the GSC said that its team remains vigilant. The GSC Refuted the Laxity Claims Mark […]
Industry
October 31, 2024
Michigan Men Plead Guilty in Illegal Storefront Casino Case
Two men who faced felony charges over running an illegal gambling business in Flint, Michigan, recently pleaded guilty. Investigation Helps Shut Down Gambling Business Without a License The case involves a 52-year-old Grand Blanc resident identified with the initials L.A.K., as well as a 55-year-old Saginaw resident with the initials R.J. The duo recently pleaded […]
Industry
October 30, 2024
Labour Government Decides Against Raising the Gambling Tax
Two weeks ago, reports suggested that the new Labour government might be considering a tax hike for the gambling sector. These rumors sent shockwaves across the industry, causing operators’ stock to slump. However, gaming companies can rest easy now as no tax hike is on the horizon. No Tax Hike for the Gambling Sector The […]
Industry
October 30, 2024
Holland Casino and Unions Unite Against Gambling Tax Hike
Holland Casino, the Netherlands’ state-owned gambling operator, has joined forces with some of the country’s most influential labor unions to fight against an impending gambling tax increase. They warn that the government’s measure will severely impact the company’s bottom line and potentially leave thousands of people unemployed. The Tax Increase Could Hurt the Regulated Sector […]
Industry
October 30, 2024
Brazil’s Ministry of Finance Inks Deals with Match-Fixing Monitoring Bodies
On October 29, Brazil’s Ministry of Finance announced a five-year partnership with four major organizations that specialize in industry monitoring and integrity to help combat match-fixing. The Ministry’s Secretariat of Prizes and Bets (SPA) signed Technical Cooperation Agreements with betting data specialist turned into one of the world’s largest sports technology companies, Genius Sports, leading […]
Industry
October 30, 2024
Vegas People Get Final Chance to See Panic! at the Disco
Las Vegas is known to attract prominent celebrities for spectacular shows. It is also where miracles happen and disbanded bands come together once again. The Last Chance to See the Group Panic! at the Disco, a beloved pop rock band, is set to come together for another performance in Las Vegas despite its disbandment in […]
Industry
October 30, 2024
Illegal Gambling and Fraud Ring Busted in Porterville, California
The attempted use of a stolen credit card resulted in the dismantlement of an illegal gambling business and fraudulent operation in Tulare County, California. Six People Suspected of Fraud, Illegal Gambling Arrested Law enforcement released details regarding the operation which was conducted last week. An announcement from the Porterville Police Department confirms that three addresses […]
