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UK Gambling Operators Face £100M Tax in Harm Reduction Push

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Reading Time: 2 minutes   Gambling operators in the UK face a tax of as much as 1.1% of profits on some types of games as the government seeks £100 million ($126 million) a year to invest in harm reduction and research. The planned statutory levy on all licensed operators will range from 0.1% to…

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Superbet Becomes the First Regulated Bookmaker in Brazil

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  Superbet Brasil, sponsor of São Paulo and Fluminense, has become the first betting house to pay the R$30 million (US$5.2m) concession required by the government to become a regulated company. To be able to make the transaction, the “Bet” (as the operators are called in Brazil) had to meet all the requirements of the…

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BGC RESPONSE TO DCMS MANDATORY LEVY AND ONLINE SLOTS STAKE LIMITS ANNOUNCEMENT

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Reading Time: < 1 minute   Betting and Gaming Council, CEO Grainne Hurst, said: “The BGC supported plans outlined in the White Paper published last year to reform stake limits and introduce a mandatory levy to fund Research, Prevention and treatment. “BGC members voluntarily contributed over £170m over the last four years to tackle problem gambling…

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Vixio Appoints Christian Erlandson as New Chair of the Board

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Reading Time: 2 minutes   Vixio, a leading provider of regulatory intelligence solutions, today announced that Christian Erlandson has been appointed as Chair of the board. Effective immediately, Erlandson succeeds Gehan Talwatte, who served as Chair for the past two years. He brings a wealth of experience in executive leadership, strategy and innovation, making him…

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Australia’s Government Delays Gambling Ad Ban

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Reading Time: 2 minutes   Australia’s ban on gambling advertising will not be introduced this week. This may also be the last week the Australian Parliament sits this term, making the bill’s progression uncertain. The government has been further discussing gambling regulation since an inquiry last June. The late Member of Parliament Peta Murphy’s report…

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New Jersey State Athletic Control Board Adopts Sports Betting Policy

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  The New Jersey State Athletic Control Board (SACB) announced that it has recently adopted an updated sports betting policy for all licensees, officials, and employees. Effective immediately, the policy prohibits unethical betting practices and reinforces the commitment to maintaining fairness and public trust in combative sports, including boxing, wrestling, extreme wrestling, kick boxing, and…

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