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Industry
November 4, 2024
Reeves Says No to Online Gambling Tax Hike, Sparks Criticism
Last month, we reported on the Labour Party’s plan to consider a £3 billion tax hike for gambling companies, mostly aimed at online casinos and sports betting activities. Chancellor Rachel Reeves and ministers were then pondering a rise in the online gambling taxes from 21% to 50% that would have boosted public finances by roughly […]
Industry
November 4, 2024
New Zealand Plans to Regulate Online Gambling by 2026
It may be a few years before New Zealand residents can enjoy legal online gambling. Yet, lawmakers are working on the matter and legislation is expected to be implemented by 2026. Until then, however, iGaming is only possible via unlicensed or offshore operators as the country lacks laws regarding online gambling. Legalizing iGaming Will Help […]
Industry
November 1, 2024
Ireland Launches Search for GRAI’s Chair and Board Members
Ireland has officially started to recruit the seven members required for the board of its newly formed statutory body. Applications will close on November 15. The Gambling Regulatory Authority of Ireland (GRAI), established under the landmark Gambling Regulation Bill 2022 that was turned into law in October last month, seeks to create a comprehensive framework […]
Industry
November 1, 2024
Former PTA Exec Accused of Stealing $41K for Gambling, Shopping
A former parent teacher association (PTA) president in New York is facing charges after allegedly stealing more than $41,000 to use for personal expenditures, including gambling. Suspect Is Facing Two Charges Earlier this week, the Queens District Attorney Melinda Katz announced that the former PTA president at P.S. 166 in Astoria is facing two charges […]
Business
October 31, 2024
UKGC Reports 11% GGY Boost Amid Record High Slot Revenue
The latest market overview published by the UK Gambling Commission has reported a gross gambling yield (GGY) of £1.32 billion ($1.71 billion) in the three months to 30 September. The increase was primarily triggered by a recorded 16% uptick in online slot activity among UK gamblers, which propelled slot revenue to a record high. Over […]
Industry
October 30, 2024
Trainwrecks Calls Out Roshtein for Missing Win on Nolimit City Rankings
It is not uncommon for streamers to engage in feuds, and this is exactly the case between two popular gambling streamers, Roshtein and Trainwrecks. Feud Between Trainwrecks and Roshtein Continues Earlier this month, Roshtein played Nolimit City’s Brute Force when he hit a $24 million win while live streaming. This caught the attention of Trainwrecks, […]
Industry
October 29, 2024
France Decides Against iGaming Amid Economic Concerns
The French government was mulling over the legalization of iGaming. However, lawmakers have now taken a stake back amid certain economic concerns. France Drops Its iGaming Plans, for Now Last week, reports said that PM Michel Barnier’s government was seeking to regulate the iGaming sector in hopes of gaining the upper hand in the war […]
Industry
October 28, 2024
Isle of Man Stops 3K Underage Users from Gambling
The regulatory body responsible for the governance of all gambling activities on the Isle of Man and recognizable international regulator in remote gambling, the Gambling Supervision Commission (GSC), released the results of a new study. The survey report was administered to the country’s 35 license holders offering services under the Online Gambling Regulation Act 2001. […]
Industry
October 25, 2024
New Jersey Online Gambling Flourishes But Harm Concerns Grow
New Jersey authorities continue to enjoy the financial benefits of the state’s iGaming industry but are also concerned about online casinos’ impact on the overall economy and social health. New Jersey Has a Flourishing Gaming Industry The Garden State, which prompted the repeal of the PASPA, has been one of the most prominent pioneers when […]
Industry
October 25, 2024
Streamer xQc Loses $1.5M over 9 Hours, Blames Casino Provider
Felix “xQc”, the famous content creator, gaming personality and popular streamer, recently revealed that he gambled almost $3 billion on Stake.com. The revelation came last month, with the social media personality confirming that his total wagers at the time hit the mind-blowing sum of $2,954,739,443. Continuing his gambling activities on Stake.com, xQc recently spoke against […]
