Michigan legislators have sprung a surprise by passing Rep. Brandt Iden’s online gambling bill on a 68 vs. 40 vote. As per the bill, licensed land-based casinos can now obtain licenses from the state to offer internet gaming. They will have to pay an 8 per cent tax on GGR based on intrastate activity. The…
read moreThe Netherlands gambling authority, Kansspelautoriteit (KSA), has launched a fresh crackdown on online gambling ahead of football World Cup in Russia. The Netherlands have not qualified for the World Cup. The Dutch regulator announced that its focus will be on two things: cracking down underage gambling and identifying unauthorised betting that offer betting to local…
read moreXLMedia, a Jersey-based marketing company that also deals with online gambling, has reduced its revenue forecasts following regulatory changes in Australia and Europe. The company had expected revenue for the year end December 31, 2018, US$130m, with a marginally lower adjusted EBITDA compared to the previous year and with a corresponding impact on profit before…
read moreJapanese lawmakers will vote on the Integrated Resort Implementation Bill today. The lower house of Japanese diet postponed the Friday’s scheduled voting to today to avoid backlash ahead of and during today’s Niigata gubernatorial election. The bill has been proposed to regulated country’s budding integrated resort and casino gaming industries. The legislative piece was expected…
read moreVoters in Switzerland gave a massive thumbs-up for the reform of the newly proposed gambling law on Sunday. According to the new law, offshore casinos will not be allowed to provide their online gambling service in Switzerland. The legislation proposes measures against addiction too. The proposal received 73 per cent votes in favour. “Voters prefer…
read moreYesterday, the Swedish parliament decided on the new gaming legislation in Sweden. The new legislation will enter into force on January 1, 2019 and is in line with the previous proposal. In the new law, the game tax is set at 18% calculated on gross gaming revenue. It also introduces a central register for responsible…
read moreLondon, 7th June, 2018 – Roger Parkes has been announced as the new Director of Compliance and Regulatory Affairs, a position that will see him join the Betway Limited board based in Malta. Parkes, who gained a lifetime achievement award at least year’s Gambling Compliance Awards, joined Win Technologies, a proud member of the Betway…
read moreIllinois’ gambling expansion plans hit a new roadblock as it became clear that the legislation will be completed only by the next legislative session. Illinois was one of the first states came out of block following the U.S. Supreme Court ruling over sports betting in mid-May that allowed individual states to make a decision on…
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