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Nuvei Gets Nod to Process Sports Betting and iGaming Payments in Michigan

 The HALLO ECHO
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  Canada-based Nuvei Corporation, electronic payment technology provider, has received approval from the Michigan Gaming Control Board to offer its services to licensed operators in the state. With this, Nuvei can serve all the regulated online sports betting and iGaming operators in Michigan. Michigan legalized online sports betting in January 2021. Nuvei’s state-of-the-art payment technology…

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Kansspelautoriteit and UK Gambling Commission Sign Cooperation Agreement

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  Kansspelautoriteit (KSA), the gambling regulatory authority of the Netherlands, has entered into a cooperation agreement with the UK Gambling Commission (UKGC). The regulators will work collectively “to better support their respective supervisory tasks” by sharing general information and exchanging regulatory best practices on enforcement policies and licensing. KSA Chairman René Jansen said: “Such a…

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A Balanced Take on Optimal RTP for New Turnover Taxation in Germany

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  What should be the optimal return to player (RTP)? This is a hotly debated question in the German gambling industry following the changes in the turnover taxation that are scheduled to come into force from 1 July 2021. While several figures and many theories have been advanced, we found particular LinkedIn post by Robert…

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Stakers Exits UK Market

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  Online betting and casino brand Stakers has surrendered its UK gambling licence and has ceased all operations, following the dismissal of its appeal against its licence suspension. First-Tier Tribunal Judge Aleksander issued a written decision dismissing Stakers’ appeal against the suspension of its licence. The firm’s initial application to appeal had been refused by…

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Massachusetts Senators Push Sports Betting Bill

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  Massachusetts senators will push for sports betting legislation to be included in the nearly 1000 amendments to be filed alongside the state’s budget. The debate on amendments to the $47.6bn fiscal 2022 spending plan begins on May 24. According to local press, more than a dozen lawmakers from both sides have filed bills to…

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Penn National to Launch Barstool Sportsbook in Indiana

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  Penn National Gaming has announced that the Indiana Gaming Commission (IGC) has approved the Company’s application to offer online sports wagering in Indiana. The company is now going to launch its Barstool Sportsbook mobile app in the state. Once live, Indiana will become the Company’s fourth online sports betting market, following previously successful launches…

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