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Industry
October 17, 2024
Former Ozzy Osbourne Band Member Shot in Vegas
Earlier this week, we reported that a private company will step up to strengthen security personnel at casinos across Las Vegas. This will be the goal of Protective Force International, a security company that recently won contracts with nearly two dozen casinos in Sin City, helping ramp up security. Despite those efforts and the vigilance […]
Industry
October 16, 2024
Flutter CEO: UK Tax Hike Would Be in No One’s Interest
Peter Jackson, chief executive officer of Flutter Entertainment, commented on the UK’s ongoing gambling reforms amid talks about tax hikes. Echoing his recent point about the US market, he suggested that high tax rates tend to have adverse effects. Labour Should Speed Up the Regulatory Process In a post on LinkedIn, Jackson said that was […]
Industry
October 16, 2024
Ukraine Urges Google to Stop Blocking Legal Gambling Ads
The Ukrainian Gambling Council (UGC) has addressed Google with the request to stop blocking the advertising of licensed gambling operators who lawfully conduct their business in the territory of Ukraine. The UGC argues that the current, complete ban on all gambling-related advertising directly discriminates against legal businesses while helping illegal gambling operators. The Bans Hurt […]
Industry
October 16, 2024
Brazil’s President to Discuss Credit and Billionaire Taxation with Bankers
At the start of the month, we reported on Brazil’s sports betting industry facing a potential ban unless proper regulations addressing the potential harms of gambling were not addressed, as warned by President Luiz Inacio Lula da Silva. The country that made betting on sports legal in 2018 never reached the point of also officially […]
Industry
October 16, 2024
Dutch Lawmakers Want Age Verification for iGaming and Porn
Lawmakers in the Netherlands have supported the introduction of age verification measures for online gambling amid recent regulatory failures. The country, which launched regulated iGaming a few years ago, continues to struggle to hit the right regulatory balance. An End to Underage Gambling and Pornography Consumption The latest appeal for robust age verification measures comes […]
Industry
October 16, 2024
Bulgaria Takes Down More than 2.5K Illegal Gambling Websites
Just like other European countries, Bulgaria constantly monitors its online gambling market. In the event of uncovering illegal online gambling websites, the country’s National Revenue Agency (NRA), takes action by taking down such black market operators. Crackdown on Unlawful Gambling Continues In one recent operation, the Agency confirmed it shut down thousands of illegal gambling […]
Industry
October 16, 2024
Flutter CEO Advises Moderation in Taxation as Tax Hikes Continue
Peter Jackson, Flutter Entertainment’s chief executive officer, believes that the ideal online sports betting tax rate would be 18%. In an interview with The Financial Times, he shared his tax-related opinions about the US wagering sector. Flutter’s CEO Promotes a Golden Middle Jackson’s proposed tax rate is noticeably higher than the tax rate of certain […]
Industry
October 16, 2024
Vietnam: $70M Illegal Gambling Ring Results in Dozen Arrests
Gambling remains prohibited in many countries across Asia and while in some jurisdictions it is completely banned, others permit it under strict rules. Despite the tough laws that in some cases carry lengthy prison sentences, illegal gambling remains a challenge for countries in the region. Police Seize Cash, Electronic Devices and Jewelry In one operation […]
Industry
October 16, 2024
IGT Wins $5.3M Tender to Supply Tech to LET’s Manila Project
Gaming tech & content leader International Game Technology (IGT) has won a $5.3 million tender to supply its cutting-edge gaming equipment to LET Group Holdings’ new casino project in Manila. The former company’s experience and rich suite of products were major factors in the successful tender. The Supplier Will Empower the New Casino As per […]
Industry
October 16, 2024
BTS’ Jimin Victim of Fraud by Comedian Lee Jin Ho over Gambling Debt
Across the globe, people affected by problem gambling can quickly pile up debt. This in turn pushes some into criminal activities such as theft, fraud, or even murder in some cases. A crippling gambling addiction is the main reason for the tarnished reputation of one popular South Korean comedian who accumulated debt and asked fellow […]
