Compliance Updates

The most recent compliance updates of the online and land based gaming industry in the European Union, Asia, Russia and Americas

Canadian provinces to reduce the number of VLTs owing to slower than expected revenue growth

 The HALLO ECHO
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A 2018-2019 business plan released by the Nova Scotia Provincial Lotteries and Casino Corporation (NSPLCC) on Thursday disclosed the goals of the corporation, as well as the status of the revenue growth acquired in the past year. Owing to slower than anticipated revenue growth from video lottery terminals (VLTs) in the fiscal year 2017-2018, the…

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Constitutional Court of Belgium invalidates a 2016 constitutional amendment which calls for gambling operators to pay 21% VAT

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The Constitutional Court of Belgium invalidated a 2016 constitutional amendment on Thursday which called for online gambling operators to pay a 21% value-added tax on their Belgian operations. The online gambling market was regulated by Belgium in the early 2010 when amendments to the Gaming and Betting Act of 1999 were publicised in the Belgian Official Gazette.…

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PGCB forced to postpone the auction of the fifth mini-casino license in the state owing to snowstorm

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The Pennsylvania Gaming Control Board (PGCB) chose to postpone until April 4th, the auction of the fifth mini-casino license in the state ((Harrisburg) owing to a  snowstorm that hit the place on Wednesday. Pennsylvania has been in the attempt to auction  10 licences to build mini-casinos in the state. Those facilities can feature up to…

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The Peach State’s gambling supporters eagerly anticipating the 2019 legislation

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The supporters of pari-mutuel and casino gambling in Georgia have been pushing for the inclusion of a legislation in the General Assembly session of next year.  A scrutiny released on Wednesday by the  Georgia Horse Racing Coalition shows an integrated project of a racetrack and a casino in suburban Atlanta with a 300-room hotel, along…

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Sweden to execute new licensing scheme

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With the standstill period for the European Commission and member states expiring yesterday, a new path has been paved for the execution of a  new licensing scheme in Sweden. It is anticipated that the online gambling world in Sweden would adapt to the new licensing scheme by January 2019 with the expiration of the standstill…

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Lawrence Ho makes clear that over six licensees in Macau are not required after the gaming concessions expire in 2020

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Lawrence Ho, the Chairman and Chief Executive of Melco Resorts and Entertainment Ltd, the Macau casino license holder made himself loud and clear at an event on Monday that after the current gaming concessions expire in 2020 or 2022, there is no need for more than six licensees in Macau. He emphasised that “It’s really…

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