#Ministry of Finance

Gambling Industry News

Finland Gambling Act to End Veikkaus Monopoly

Finland's Ministry of the Interior has announced the commencement of a consultation period as part of a proposed reform of the country's current legal gambling industry which sees government-owned Veikkaus Oy hold a monopoly for betting and online casino gaming. Proposed legislation will see the industry opened to private companies that wish to…

Law ・ 08 July 2024

Yogonet

Finland proposes new gambling legislation, opening betting and online casino markets to competition

The Ministry of the Interior in Finland has released a draft proposal for a new gambling act, inviting public comments.This move is in line with the Government Programme's objectives to reform the gambling system. The proposed legislation aims to end Veikkaus Oy's monopoly on betting and online slots and casino games, introducing a competitive…

Law ・ 06 July 2024

World Casino News

Finland Proposes New Gambling Act to End Gambling Monopoly

The Ministry of the Interior is seeking public comments on a draft government proposal for a new gambling act, a key reform initiative outlined in the Government Programme. Under this proposal, Veikkaus Oy will no longer maintain its monopoly over betting, online slot machines, and casino games. These gambling activities will be opened to…

Law ・ 04 July 2024

dailyfinland.fi

Govt moves to make online gambling system open

The government has taken an initiative to enact a new gambling Act with the view to introduce open licensing for operating gambling system in Finland. The Ministry of the Interior has prepared a government proposal for the new gambling act. and requesting comments on the draft, said the ministry in a press release on Wednesday. Under the proposal,…

Law ・ 04 July 2024

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iGaming Business

Aposta Ganha CCO: Regulated firms could make up 80% of Brazil online gambling

Speaking during the latest episode of iGaming Business' World Series of Politics podcast, Baungartner told hosts Brendt Idan and Brendan Bussman, "We know that in the gaming world, it's never 100% regulated, but I think [the Brazilian government] can [regulate] a very good share of the market. I think they can cover 80%." Baungartner noted that the…

Law ・ 26 June 2024

Top US Casinos

Spain Appoints Andrés Urbiola for Gambling Overhaul

The Spanish government has appointed prominent economist Andrés Barragán Urbiola to lead its ongoing alteration of local gambling laws as Secretary General of the nation's Ministry of Consumer Affairs and Gaming. The move from the Council of Ministers followed a recent request from the European country's Consumer Affairs and Social Rights…

Law ・ 26 June 2024

The Jerusalem Post

European online gambling: A diverse market with changing regulations and - The Jerusalem Post

In the past, individual European countries didn't put much thought and effort into regulating gambling, let alone online gambling. Many chose to either outlaw gambling entirely, or they would only allow their own government-approved (even outright government-operated) casinos to exist within their respective jurisdictions. But as of late there has…

Law ・ 19 June 2024

Yogonet

Sri Lanka seeking to tackle unregulated online gambling amidst calls for casino regulator

In a recent meeting of the Committee on Public Finance (CoPF), concerns were raised about the operation of online casinos in Sri Lanka, despite laws prohibiting such activities. Dr. Harsha de Silva, the Chair of the committee, stressed on the need for immediate action to address this issue, directing a letter to the Minister of Finance for urgent…

Law ・ 13 June 2024

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Australia Enacts Credit Card Ban for Online Gambling

Starting today, Australians will no longer be able to use their credit cards or cryptocurrencies to fund online gambling accounts. Australia passed stricter gambling regulations last December. One of the added provisions banned the use of credit cards and cryptocurrencies to wager online. That provision went into effect today. Companies that fail…

Payment Methods ・ 12 June 2024

The Jerusalem Post

Austrian online casinos: Top picks for safe and fun gaming

It will come as a surprise to many, but Austria has become one of the most beneficial places for fans of online gambling, where the large selection of safe and entertaining online casinos is breathtaking. In this guide, we'll explore the standards for choosing reliable platforms, look at the most popular games among Austrians, and offer tips on how…

Payment Methods ・ 03 June 2024

Complete Sports

Gambling In The Czech Republic: Current State Of Sports Betting And Online Casino

Not many European countries like the Czech Republic have set laws to regulate gambling. This market has been active since the time of the Soviet Union, although it was an illegal venture. However, the country's independence set the ground for a standard, regulated market that now draws international casino operators and bookmakers. The rising…

Law ・ 09 May 2024

focusgn.com

Thai sisters arrested for allegedly running illegal online gambling website

Four alleged accomplices were also arrested. Thailand.- Two sisters were arrested yesterday (April 25) along with four staff members for allegedl running an illegal online gambling website in Lampang province, northern Thailand. The Cyber Crime Investigation Bureau (CCIB) investigated three houses in Bo Haew and seized four cars, four motorcycles,…

Incidents ・ 26 April 2024

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iGaming Business

Bulgarian bill would ban almost all forms of gambling advertising

The bill was jointly submitted by the GERB-UDF and the Movement for Rights and Freedoms. It was introduced by Temenuzka Petkova and Yordan Tsonev. The bill aims to amend Bulgaria's Law on Gambling. It proposes a ban on gambling ads appearing online, on television, on the radio and in print media. Ads would also not be allowed to appear on…

Law ・ 25 April 2024

Yogonet

Dominican Republic: Ministry of Finance publishes resolution regulating online gambling

The Ministry of Finance of the Dominican Republic has published a new resolution regulating casinos and online gambling authorization. The text establishes the requirements, administrative fees, and minimum criteria that operators must comply with to obtain a license. Resolution 136-2024 regulates the authorization to operate the online modality of…

Law ・ 04 April 2024

iGaming Business

Dominican Republic issues new online gambling regulation

On 26 March 2024, the Dominican Republic issued Resolution 136-2024. This will now see a new regulatory regime for online casino and sports betting. The resolution has been issued by the Dominican Republic's Ministry of Finance. The new set of measures will be supervised by the Dirección de Casinos y Juegos de Azar (Directorate of Casinos and…

Law ・ 03 April 2024

readwrite.com

Tiny Caribbean island urged to crack down on online casinos

The island of Curaçao has come under criticism from a media watchdog as they asked authorities to cease allowing online casinos to target Australian consumers. The Australian Communications and Media Authority (Acma) has banned offshore gambling companies from targeting its residents, with a large portion of the 1000 blocked websites being licensed…

Law ・ 27 March 2024

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M88 Malaysia Review: A Comprehensive Gaming Guide in 2024

Within the Malaysian gaming industry, M88 stands out as one of the safest and greatest online casinos. Yet, there are other amazing aspects of the casino as well. It provides Malaysian players with a comprehensive gaming experience by combining a large number of online casino games, sports markets, and eSports on its website. In our M88 Malaysia…

Payment Methods ・ 06 March 2024

focusgn.com

Lithuanian gambling revenue up 13.5% year-on-year

Gambling revenue was €222.2m in 2023. Lithuania.- The Lithuanian Gambling Supervisory Authority has reported that gambling revenue in the country reached €222.2m in 2023. That's a rise of 13.5 per cent year-on-year from €195.8m in 2022. The growth was driven by online gambling, while land-based gambling revenue fell slightly. Online gambling…

Finance ・ 08 February 2024

Qrius

Your Guide to the Best Online Casino for the Czech Republic.

Online casinos have gained popularity in the Czech Republic, offering a convenient gaming experience from home. This guide helps you choose the best online casinos 2024 ensuring the safety and enjoyment of your gambling experience. In early 2017, a fresh gambling legislation, often colloquially referred to as the gambling law, was enacted. This new…

Law ・ 24 January 2024

Yogonet

Chile: Ministry of Finance presents bill to regulate online gambling platforms

The Chilean Ministry of Finance has submitted to the Senate's Economy Committee the bill that regulates online gambling platforms. The bill was approved in the first stage by the Chamber of Deputies. The presentation, made by the Undersecretary of Finance, Heidi Berner, with the support of the Superintendent of Gaming Casinos, Vivien Villagrán,…

Law ・ 18 January 2024

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Expert’s Choice: Poland’s Top Online Casinos for Real Money 2024

Poland's online casino market has grown a lot and now provides many choices for people who want fun and a chance to win real money. This article will talk about the important things that make the best online casinos in Poland in 2024. We'll cover topics like licenses, the games they have, and how easy it is to do banking on online casino Pl for…

Gambling Sites ・ 15 January 2024

The Dubrovnik Times

How to Find the Best Live Dealer Online Casinos in Poland 2024

Live dealer games in Poland, where you play with a real person dealing the cards or spinning the wheel, are especially exciting. As technology gets better, the experience of the best online casino with dealer in Poland 2024 keeps improving, giving players a real casino feel right at home. In this article, we'll look at the important things that…

Live Gambling ・ 15 January 2024

Biometric Update

Brazil imposes biometric age and identity verification for online gambling

Brazil has taken the next legal step toward allowing online gambling and sports betting and, with President Luiz Inacio Lula da Silva ratifying a regulatory framework that covers taxation, national ownership, and age verification via facial recognition for users and operators of online sports betting and so-called iGaming apps. An article on iGB…

Sports ・ 05 January 2024

iGaming Business

Brazil green lights online gambling regulation

Brazil's chamber of deputies has now voted to approve online gambling, giving the final green light for the market to be regulated in 2024. Yesterday evening's vote on 21 December follows the senate plenary approving Bill 3626/2023 on Tuesday 12 December last week. Now that the Bill has been approved by the chamber of deputies, it will be passed…

Law ・ 22 December 2023

Yogonet

Chile: Online gambling bill receives preliminary approval from Chamber of Deputies, advances to the Senate

The Chilean Chamber of Deputies has approved the bill that seeks to regulate the online gaming and sports betting sector. Therefore, the proposal advances to the Senate, where it will be discussed by the corresponding commissions. The text was generally supported in two votes: the general provisions were approved by 80 votes in favor, 36 against,…

Law ・ 15 December 2023

iGaming Business

Chile's Chamber of Deputies passes online gaming bill

The bill was approved by a large majority of the chamber. It aims to carve out a competitive online gaming market in the country, while protecting the health and safety of players. If passed into law, the bill would give new powers to several Chilean regulatory bodies. These include the Superintendence of Casino Games (SCJ), the Commission for the…

Industry ・ 15 December 2023

ERR

Estonian state: Eesti Loto necessary to introduce less addictive games

This July, state-owned lottery operator Eesti Loto began offering online express lotteries (e-kiirloteriid), which, according to the company, are less addictive than online casino games. The Estonian Ministry of Finance says that Eesti Loto is meeting the primary demand for gambling by shifting players onto less addictive games. Eesti Loto board…

Lottery ・ 17 November 2023

Analytics Insight

Casino Revenue Statistics: Trends and Analysis Report

The gambling industry is a major contributor to the global economy, generating billions of dollars annually through many forms, such as sports betting, lotteries, online gambling, and more. With the increasing popularity of online gambling and the legalization of gambling in more countries, more and more people have been hooked on it. As a result,…

Industry ・ 20 October 2023

Eng.lsm.lv

Taxes on gambling could grow next year in Latvia / Article

The bill's annotation says: in order to balance tax rates with inflation and average wage growth in the state, as well as increase revenue in the state budget and ensure covering of public expenditure positions, the draft law provides, starting in 2024: to increase the tax rate for slot machines (for each gambling slot) from EUR 5172 to EUR 6204…

Finance ・ 09 October 2023

iGaming Business

Romania increases online gambling licence fee to €500,000

On Thursday, the Romanian government approved an emergency ordinance that makes a raft of wide-reaching reforms to its gambling laws. These include increased licence costs, new advertising rules, a ban on alcohol in gaming venues and a requirement that gambling businesses have a fiscal headquarters in Romania. The ministry of finance proposed the…

Law ・ 06 October 2023

Yogonet

Mexico's Secretariat of the Interior presents bill to ban slot machines

Mexico's Secretariat of the Interior (Segob) published on Thursday, September 7, a draft decree in the National Commission for Regulatory Improvement (Conamer) that aims at prohibiting bets or draws in electronic machines such as slot machines, bingo or card simulators, among others. "The project eliminates Title Four, Chapter VII Of the Drawings…

Law ・ 15 September 2023

iGaming Business

Brazil lower house approves gambling bill

The passage of the bill marks one of the final hurdles in the long journey to regulate online gambling in Brazil, the 10th largest economy in the world. Bill 3626/23 - which will replace the provisional measure (PM) president Luiz Inácio Lula da Silva issued in July - was amended several times from the original bill that the rapporteur, deputy…

Sports ・ 14 September 2023

Yogonet

Chile: Online gambling bill adds sanctions against illegal operators and those who advertise them

The Economy and Development Committee of the Chilean Chamber of Deputies continued with the discussion of the bill that seeks to regulate the online sector in that country and, in its recent session, approved the sanctioning of online platforms that operate without a license granted by the Superintendence of Gambling Casinos (SCJ). In…

Industry ・ 29 August 2023

Programming Insider

Malaysia Online Casino Regulations: Understanding the Legal Landscape

The online casino industry in Malaysia has experienced significant growth in recent years, providing players with convenient access to a wide range of casino games. However, understanding the legal landscape surrounding online casinos is crucial for both operators and players. This comprehensive guide aims to shed light on Malaysia's online casino…

Law ・ 28 August 2023

Hardware Times

The Legal and Tax Implications of Online Casino Winnings for Polish Players

Greetings, fellow enthusiasts of the thrilling world of online gambling. I am Milan Rabszhki, your devoted guide through the intricate labyrinth of casino games and the intricacies of the gambling landscape. As a seasoned gambling expert, my mission is to illuminate the shadows that often cloud the minds of players, offering clarity and insight…

Law ・ 19 August 2023

southwestjournal.com

5 Countries With The Highest Number Of Casinos in 2023: Worldwide Wagers

In this time and age, it is hard to find boredom. We simply have so many things to do. One of the best pastimes out there, and you don't have to agree, is gambling. It's fun, exciting, and it can make your head go round. Of course, when you lose, it's less fun, but we're there for good times, winnings, and memories. Gambling is a nice activity if…

Law ・ 01 August 2023

London Post

The Most Reliable Online Casino Licence

One of the important factors when choosing which online casino to play is the establishment's licence. A recognised casino licence from a legitimate gaming body means the platform is safe to play at. In other words, any foul play by the casino could mean legal ramifications for the operator. It can be challenging for players to find which casino…

Law ・ 27 July 2023

Dazeinfo

Indian Online Gaming Market in Doldrums: 28% GST Could Be Disasterous

The latest announcement of a tax increase by the GST council on the online real money gaming industry has sent shockwaves through businesses like Dream11, MPL, Crickpe, Games24x7, and players in the industry. In fact, the move has apparently jeopardised their future growth plans and their existence. The GST council, led by the formidable Union…

Industry ・ 12 July 2023

Games Reviews

Exploring the Latest Innovations in Online Gambling Technology in Canada

As the online gambling industry in Canada keeps blooming rapidly, so is the necessity for state-of-the-art technology that offers players an interesting and secure gambling experience. In this write-up, we will look into the popular types of online gambling technology available in Canada, such as those powering Apple Pay Casino Canada, as well as…

Law ・ 25 May 2023

European Gaming

Curacao’s Gambling Overhaul: Adjusting the Scheduling for Reform

Acquiring an online casino license is a challenging task, and there are a lot of protocols and requirements to clear before a gambling license can be issued. In the online casino industry, it is considered that the most accessible jurisdiction and regulator to obtain a license from is Curacao. Due to the low entry barriers, such as low license fees…

Law ・ 24 May 2023

iGaming Brazil

‘Internet gambling is taxed worldwide. It can’t be different here’, says Haddad

The Minister of Finance, Fernando Haddad, stated that the failure to charge taxes on sports betting sites results in "illegality" and the evasion of foreign exchange in the country. In an interview with UOL, Haddad declared that the country needs to have a system that is similar to that of other countries and tax the sector. "Internet gambling is…

Law ・ 04 March 2023

Sigma

CasinoScout.nl: Dutch operators fear negative effects ban on gambling ads

Online gambling continues to rouse emotions in the Netherlands, one of the last countries in the European Union to legalise online casinos. As 2022 comes to an end, it is fair to say that it has been a bumpy ride and it is not expected to calm down any time soon. The new Remote Gambling Bill (Kansspelen op Afstand, Koa) was only adopted in February…

Law ・ 14 January 2023

Gambling News

Curacao Setting Up the New Schedule for Its Gambling Overhaul

The island then accepted the support of the Dutch government in an attempt to withstand the effects of the Covid-19 pandemic. In return, the Netherlands asked for updates regarding specific reforms in Curacao. The upgraded schedule was supposed to be completed by January 1, 2023. The progress of the upgraded gaming bill will be the topic of…

Law ・ 12 January 2023

Asgam

Momentum grows for Vietnam’s pilot casino program for locals to be extended

Vietnam's Deputy Minister of Finance says a pilot program allowing locals to gamble at Corona Resort & Casino on Phu Quoc island must be extended in order to gauge its true effectiveness. Speaking with local media outlet Tuổi Trẻ, Nguyen Duc Chi confirmed the Ministry of Finance has submitted a request to the Politburo to extend the program, citing…

Law ・ 11 January 2023

Republic World

'Online betting & gambling subject to 28% GST, legalisation not on cards': Centre tells RS

The Union Ministry of Finance stated on December 20 that there is no intention to legalise online gambling and that it is subject to 28% Goods and Services Tax (GST). "Actionable claims in the form of betting and gambling including those arising from online gaming attract 28% GST and the GST Act does not make the levy dependent on whether it is a…

Incidents ・ 21 December 2022

Salon Privé

Who Controls The Integrity Of Online Casinos In Canada? The Legality Of Gambling

How do top online casinos in Canada work? Laws governing gambling entertainment in various provinces. Site Licensing Options Gambling entertainment in Canada has a reasonably complex regulatory system, but at the same time, users may not be afraid of the legality of their passion. Next, we will look at the example of various provinces and what…

Law ・ 06 December 2022

Cryptomode

What are the no deposit welcome bonuses at online casino 2022?

All players who join and reload their accounts for the first time at any online casino get promos known as no deposit welcome bonuses. Visit httpsf you want to enjoy playing at a casino. Here, we explain how to utilize bonuses properly. New Zealand is one of a number of nations where gambling is quite popular. Our sign-up bonus ranking was made to…

Bonuses ・ 01 December 2022

The Baltic Times

The European Union's Diverse Online Casino Legal Framework

The European Union is the world's first region where similar economic and political values govern member states. However, this differs from the online casino sector, where the 27 member states are autonomous. They are mandated to freely regulate their gaming services as they see fit so long as the laws align with the Treaty on the Functioning of…

Industry ・ 29 November 2022

BusinessMole

Advertising Laws For Foreign Gaming In Sweden

Over the years, the government of Sweden has introduced new regulations on the operations of online casinos in the country. This includes rules regarding online gambling sites licensed by Swedish authorities and foreign ones. While there have been discussions about banning such advertisements completely, it has yet to happen. In this article, read…

Law ・ 14 November 2022

FTN News

5 Popular Casinos in Austria

Casinos in Austria are known for their warm hospitality. Some of the casinos, such as Baden, Salzburg and Kithzbühel, are in operation since as early as 1934 and combine impressive old venues with stylish and cosmopolitan atmosphere. Choose your favourite: The Casinos in Vienna, Innsbruck, Bregenz, Kitzbühel, Baden, Graz, Salzburg, Seefeld, Linz…

Blackjack ・ 03 November 2022

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Emerging Europe

The impact of the war in Ukraine on Eastern Europe's most promising gambling markets

Eastern Europe has become a prominent market with solid growth potential for the entertainment industry, and companies are seeking opportunities to build strategic advantage in the region. But what has been the impact of the war in Ukraine? Over the past decade, the European gambling market has shown significant growth. Thanks to regulatory bodies…

Industry ・ 26 October 2022

The Box Hub

Fun Facts of Online Casino Singapore

The History of Casino in Singapore The Casino Control Act, the Gambling Control Act, and the Gambling Regulatory Authority of Singapore Act are three of the statutes that govern gambling in Singapore. To control gaming in Singapore, the Casino Regulatory Authority of Singapore (CRA) was reconstituted on August 1 to create the Gambling Regulatory…

Lottery ・ 22 October 2022

European Gaming

Holland Casino Online to add NetEnt online slots for Dutch market

NetEnt takes a step into the Dutch market with Holland Casino partnership, seeing its portfolio of slot games offered to brand new players NetEnt has today announced that it has signed an agreement for the supply of its full catalogue of online slots titles to Holland Casino Online. The agreement means that Holland Casino Online's players will soon…

Industry ・ 21 October 2022

Sigma

Philippines shuts 214 illegal Chinese offshore gambling firms

The Philippine Justice Ministry confirmed it plans to discontinue operations of all illegal Chinese offshore gambling companies and has begun deporting the first of approximately 400 detained Chinese workers. Justice Ministry spokesperson Jose Dominic Clavano was cited by media as saying this "crackdown was triggered by reports of murder,…

Covid ・ 21 October 2022

Zee Business

Zee Business Exclusive Report: Govt mulls stricter norms, regulations on online gaming, betting, and gambling

The government is planning to tighten the noose around betting, online gaming, and gambling by imposing regulations to curb and bring them under legal purview, Zee Business Special Correspondent Tarun Sharma said in his exclusive report while speaking to Managing Editor Anil Singhvi. In a meeting convened under the chairmanship of the Home Affairs…

Industry ・ 10 October 2022

India Herald

IT doesn t differentiate Legal & Illegal Gambling

No matter how you acquired your gains, the government wants a minimum of 30% of them. Anywhere and however you have won money from playing any game-from a live casino show to an internet fantasy sports competition to a wholly unlicensed chance draw-you owe the government a large chunk of it, which in reality is more than 30%. If you made such gains…

Law ・ 08 October 2022

Great Andhra

IT doesn't differentiate Legal & Illegal Gambling

The Government Wants 30+ Percent of Your Gains No Matter Where You Got Them Wherever and however you have stricken a winning from playing whatever game, from a live casino entertainment, an online fantasy sports tournament, to a completely illegal chance draw, you owe to the government a substantial portion of it, which in practice is exceeding 30…

Law ・ 08 October 2022

Mint

GST on betting and gambling: Tax structure and liabilities in case of default

Gambling and betting, whether online or offline, are supplies of services as per the goods and services tax (GST) law. Currently, an 18 per cent GST is levied on online Games of skill, while a 28 per cent GST is levied on online games of chance According to Archit Gupta, Founder & CEO, Clear, GST is computed on gross gaming value or stake instead…

Finance ・ 02 October 2022

Gambling News

Spain: Change Proposes Declaration of Gambling Winnings below €300

A newly proposed change may affect the declaration of gambling winnings in Spain, a new report reveals. The Ministry of Finance in the country proposed a change in the declaration of gambling prizes or winnings to include amounts under €300 ($287), a new report released by SBC reveals. Citing efforts to "fix a deficiency" in income declarations,…

Winnings ・ 29 September 2022

Yogonet

Georgia's Ministry of Finance meets with gambling industry representatives to discuss sector requirements for EU bid

According to an announcement from the Ministry of Finance of Georgia, Deputy Ministry of Finance Mikheil Dundua on Monday met with representatives of the country's gambling business to discuss the sections related to the industry in the European Union's 12-point conditions for granting the nation the membership candidate status. The discussion…

Industry ・ 20 September 2022

Agenda

Deputy finance minister, gambling industry representatives discuss business-related conditions for Georgia’s EU candidacy

Georgian deputy finance minister Mikheil Dundua on Monday met with representatives of the country's gambling business to discuss the sections related to the industry in the European Union's 12-point conditions for granting the country the membership candidate status, the ministry of finance said. The discussion involved a review of articles in the…

Industry ・ 19 September 2022

Welland News

OLG offering Vegas-style slot machines ‘contrary to the rules they’re supposed to be operating under,’ says Fort Erie mayor

Tue., Sept. 13, 20226 min. read Article was updated 48 mins ago The provincial government needs to "take a good, hard look" at Ontario Lottery and Gaming Corporation and "how it's been operating the last decade," said Fort Erie Mayor Wayne Redekop. The mayor shared a number of concerns he's had with OLG in recent years, dating back to 2012 when…

Politics ・ 14 September 2022

Shiny Shiny

Can You Play Your Favorite Online Casino Games Safely In Malaysia?

Malaysia is known for its gambling scene. Although mostly illegal, it is still possible to gamble safely there. The question is how? Throughout this article, we will disclose everything you need to know in order to conduct safe and hassle-free gaming in Malaysia by going through the laws and methods one can use to participate in this hobby. First…

Games ・ 04 September 2022

The Record

Did the OLG break its promise not to allow slot machines in bingo halls? Wong-Tam demands answers from province to find out

New Democrat MPP Kristyn Wong-Tam is calling on the provincial government to provide answers and transparency about an OLG program that quietly transformed dozens of bingo halls into de facto mini-casinos, with "Vegas-style" gambling machines that are strikingly similar to slot machines. The former Toronto city councillor, who voted almost a decade…

Bingo ・ 01 September 2022

Curacao Chronicle

Minister of Finance on gambling sector: We are missing out on millions because of the way our licensing system is set up

WILLEMSTAD - "Curaçao is currently missing out on millions due to the way our licensing system in the gambling sector is set up". That is according to the Minister of Finance Javier Silvania. According to the minister, Curaçao is missing "millions" due to the current set-up with a select number of master licensees who can issue an unlimited number…

Law ・ 16 August 2022

Gambling News

Chile Casino Executives’ Homes Raided Amidst Suspected Collusion

Chile's gaming industry scenery is not looking as bright as it could be and industry moves aren't hitting their stride as some might have expected, so a closer look at the future doesn't inspire too much confidence - not for the industry, and not for investors. Diario Financiero (DF) reported on August 10 that the homes of top executives from the…

Incidents ・ 12 August 2022

Soft Gamings

NetEnt and Red Tiger Join Holland Casino in a New Dutch Market Expansion

Through this agreement, both existing and new users of Holland Casino will soon enjoy some of the best slot titles in the world, including award-winning games. Those include names like the ever-popular Starburst and its sequel, Starburst XXXtreme, the beloved Gonzo's Quest Megaways, Primate King, and others. Holland Casino was founded in 1976 as a…

Industry ・ 10 August 2022

Kafkadesk

Online gambling rules and regulations in Central Europe

Bratislava, Slovakia - In recent years, changes to gambling rules and regulations have led to increased investment across Central Europe, leading to rising tourism and a boom in iGaming and sports betting. In the same way that diverse regulatory frameworks are applied between countries in terms of gambling in the European Union, nations in Central…

Law ・ 08 August 2022

Yogonet

Evolution's NetEnt and Red Tiger to go live with full portfolios, jackpot tools in Holland Casino Online deal

Evolution announced Wednesday it has widened its presence in the Dutch market through a new Holland Casino partnership that will see its NetEnt and Red Tiger brands deploy their entire online gaming portfolios in that jurisdiction. Under the terms of this agreement, Holland Casino Online players will now have access to NetEnt and Red Tiger's full…

Winnings ・ 25 July 2022

Evolution

Holland Casino Online to add NetEnt and Red Tiger online slots for Dutch market

Industry ・ 20 July 2022

Casino City Times

Red Tiger online slots and jackpots selected by Holland Casino Online

Gaming News 20 July 2022 (PRESS RELEASE) -- Award winning casino game and software provider Red Tiger has today announced that it has signed an agreement for the supply of its full catalogue of online slots titles and jackpot solutions to Holland Casino Online. As a result of the agreement, Holland Casino Online's players will soon be able to enjoy…

Industry ・ 20 July 2022

Casino Guru

Vietnam seeks to expand local support for gambling

Vietnam's recovering tourism and leisure industries may need a boost from the locals for just a little while longer. This is the request Vietnam's Ministry of Finance has placed with the Party Personnel Committee, a government unit that oversees the current pilot program which enables locals to gamble, VietnamNet first reported. The Ministry is…

Covid ・ 08 July 2022

Gambling News

Vietnam May Extend Casino Trial Period by Two Years

Vietnam's Ministry of Finance requested the extension of the country's pilot casino program, a VietnamNet report has it. The report also claims that the Ministry requested adding two more casinos to the program. Vietnam launched its three-year trial in 2019, temporarily allowing locals to play games of chance. The trial saw the country allow two…

Covid ・ 07 July 2022

Recent Slot Releases

Vietnam: Two New Casinos Proposed for Foreigners

Vietnam's Ministry of Finance is backing proposals by Da Nang City and Khanh Hoa Province to license two new casinos meant exclusively for foreigners. Prospective casinos would be built at Da Nang City's entertainment and resort complex Sun World Ba Na Hills, and Khanh Hoa Province's Hon Tre Island. The two locations have large tourism potential…

Covid ・ 07 July 2022

Gambling News

Romanian Gamblers Prepare for 40% Tax on Withdrawals

The Romanian Ministry of Finance has published its latest Fiscal Code draft featuring a massive 40% tax on casino withdrawals. The fresh code that contains additional updates to other important tax laws in the country has already sparked controversy among trade bodies in the industry. Among them, the Association of Remote Gambling…

Finance ・ 05 July 2022

Lexology

Online gambling dominates in Czech market

In 2021, a historic change took place in the gambling industry in the Czech Republic. For the first time, the income of operators from internet games exceeded the income of land-based operations. Based on data of the Ministry of Finance collected from tax reports, income from internet games was EUR 886 million; income from land-based operations was…

Covid ・ 30 June 2022

ACC Sports

How To Make Your YOUWIN CASINO Look Amazing In 5 Days

youwin ilk üyelik bonusu Curacao Gaming Authority is responsible for Youwin's regulation. There is also 100 dollars in bonus money on your first wager. It also offers an VIP program as well as matched betting. The casino accepts bitcoin as well as digital currencies to deposit funds. The process is quick and takes only 30 minutes. This is a…

Gaming Authorities ・ 23 June 2022

BodySlam

YOUWIN CASINO: This Is What Professionals Do

youwin hakkında şikayetler Curacao Gaming Authority, Sweden Gaming Authority are responsible for Youwin Casino's regulation. The casino also offers 100 dollars in bonus money for your first bet. The casino also offers the VIP program and matches betting. The casino allows bitcoin and digital currencies to deposit funds. The deposit process can take…

Gaming Authorities ・ 22 June 2022

Yogonet

Lithuanian regulator fines Top Sport and Amber Gaming after breaches of the country's gambling promotion ban

Lithuania's betting and gambling operator, Top Sport has been fined by the country's gambling authority for violating the promotion ban introduced in 2021, which will lead the company to pay EUR 25000 ($25900). The institution also punished Amber Gaming, the brand behind the 7Bet casino, as it struggled to comply with the new rules, breaking the…

Sports ・ 20 June 2022

Gambling News

New Measures by Swedish Government to Ensure a Safe Gambling Market

The Swedish government has submitted a report to Sweden's Law Council (Lagrådet) with proposals, whose objective is to exclude illegal players from the Swedish gambling market and counteract the manipulation of results in sports or the so-called match-fixing. The new measures should be introduced in Swedish law before 1 July 2023. On 17th May 2022,…

Industry ・ 15 June 2022

FTN News

Looking at The Different Gambling Options in Ontario Canada

Ontario in Canada is one of the largest provinces in Canada and has one of the highest Canadian population. Concerned at the indiscriminate betting by its citizens, the provincial government in Ontario has taken it upon itself to control the gambling industry. The Alcohol and Gambling Commission of Ontario (OLG) is the nodal body that not only…

Gaming Authorities ・ 10 June 2022

Hello Monaco

How to get that Monaco vibe through the best online casinos

Casinos in Monaco can be found in Monte Carlo. The most popular gaming destination in Europe, Monaco's casino attracts gamblers from all over the world. Monaco is the second-tiniest country in Europe, after Liechtenstein. Since the mid-1800s, people have been able to gamble legally in Monaco. This includes betting on sports, going to casinos,…

Gambling Sites ・ 10 June 2022

Yogonet

Latin America in 2022: opportunities for online casino operators

Slotegrator, a global iGaming software developer and aggregator, has released a new overview of the iGaming market in Latin America. Ayvar Gabidullin, Business Development Manager at the company, explains in this column the various emerging markets in the region, including Brazil, Mexico, Argentina, Colombia, Panama, Costa Rica, Belize, and Peru,…

Gaming Authorities ・ 08 June 2022

Yogonet

Slotegrator's new guide provides key insights and forecasts for Balkans' iGaming markets

Slotegrator, a global iGaming software developer and aggregator, has issued a comprehensive analysis of the regulations and trends of online gambling in each of these Balkan countries: Serbia, Bosnia and Herzegovina, Montenegro, Croatia, Slovenia, and North Macedonia. The company has been expanding its presence in former Yugoslavian markets for…

Industry ・ 01 June 2022

iGaming Business

Next year’s forecast for the igaming markets of the Balkans

Gambling was run as a state monopoly in the former Yugoslavia, but obviously, much has changed since then Here we'll look into the regulations and trends of online gambling in Serbia, Bosnia and Herzegovina, Montenegro, Croatia, Slovenia, and North Macedonia. Serbia Gambling has been legal in Serbia since 2006, and full regulation appeared in 2013.…

Industry ・ 27 May 2022

The Baltic Times

Lithuanian Gambling Market Revenue Increase in 2022 So Far

Online gambling is blossoming worldwide, and some experts point out that the growth of online gambling is a direct consequence of COVID. The global online gambling market has reached the value of US$ 72.3 Billion in the past year, and experts say that the industry is very likely to keep growing in the next five years. In Lithuania, the situation…

Finance ・ 27 May 2022

The Dubrovnik Times

Top Casinos in Dubrovnik

Both the internet and land-based gambling industry located in Croatia are allowed at the current time. It was in 1991 when the country became an independent state; hence the country's policies regarding casinos are still being developed. Meanwhile, gambling activities are a popular pastime for many individuals. In addition to sports wagering, the…

Poker ・ 24 May 2022

Gambling News

Greece Raises the Wager Cap for Online Gambling

The Greek government has voted to raise the €2 ($2.14) cap on online wagers. Furthermore, maximum slots Jackpot values have been increased. The Greek gambling market is experiencing some changes. Following the Year-1 review of the relaunched Greek gambling market, the Ministry of Finance decided to ease some of the regulations. Notably, the…

Gaming Authorities ・ 24 May 2022

SBC News

Greece lifts €2 cap on online casino wagers

The Greek government has confirmed that it will ease player wagering restrictions on online casino and poker verticals. Positive developments for market incumbents will see the government increase its €2 maximum wager on online casino (slots and table games) to €20. Announced by the Hellas government gazette, the increase on maximum wagers will be…

Gaming Authorities ・ 24 May 2022

European Gaming

Representatives Propose Legalisation for Land-based and Online Casinos in Thailand

A group of parties led by the Thai Local Power Party has suggested changes to Thailand's Gambling Act to allow both land-based and online casinos. They propose allowing four casinos in Thailand's busiest areas. Chutchawan Kong-u-dom, leader of the Thai Local Power Party and his party members along with 20 representatives of smaller parties have…

Law ・ 24 May 2022

Bangkok Post

Make online casinos legal, parties urge

The leader of the Thai Local Power Party, Chutchawan Kong-u-dom, on Wednesday led smaller parties in submitting a draft amendment to the Gambling Act allowing for the legalisation of casinos and online gambling. Mr Chutchawan, widely known as "Chat Taopoon", and his party members along with 20 representatives of smaller parties submitted the draft…

Law ・ 19 May 2022

Outlook

28 Percent GST On Online Gaming? Industry Reckons May 18 Could Be 'Doomsday'

May 18 could be D-Day for the online gaming sector. More specifically, for the real money gaming domain that operates in India in various "skill-based" forms like fantasy cricket, rummy, poker, roulette, ludo, and even snakes and ladders! () For years, the Centre has deflected the issue of gambling/betting to the states under whom the matter lies…

Industry ・ 17 May 2022

The Game Roof

In what ways Russian people are engaged in gambling

Since the worldwide outbreak of the Covid virus in 2020, there has been a growing demand for online gaming across the world, especially in Russia. This can be observed in the wider context, the gaming industry is making slow but steady progress toward greater liberalization. Gambling was permitted in Russia before its admission into the Soviet…

Covid ・ 16 May 2022

Financial Express

Fair GST implementation on skill-based online games could reshape the Indian online gaming sector

The Indian online gaming industry has been flourishing in the past few years with the emergence of new startups and has witnessed a considerable amount of positive economic impact. This sunrise sector in India has gained significant momentum due to the' Digital India' initiative by the Prime Minister which promotes internet access to citizens at…

Industry ・ 02 May 2022

Financial Express

GST on Online Gaming needs to be looked differently than Casinos and Horse Racing

The GST Council and Ministry of Finance had constituted a Group of Ministers (GoM) to determine the GST rate and taxation on Casinos, Race Courses and Online Gaming which was subsequently reconstituted again and is scheduled to meet on 2nd May 2022 under Meghalaya Chief Minister Conrad Sangma. There have also been well established decisions by…

Industry ・ 30 April 2022

The Baltic Times

Is online gambling legal in the Baltic?

Three progressive European countries are often linked together in an unofficial geographic group. The trio of states, Estonia, Latvia and Lithuania, are informally known as the Baltic States. These three sovereign states are liberal democracies with a rapidly rising standard of living and increasing integration with the rest of Europe… and this is…

Trust and Safety ・ 30 March 2022

Global News

Casino operators and First Nations concerned over iGaming launch

There are only two weeks left until Ontarians will be able to gamble online in a legal market outside of Ontario Lottery and Gaming Corporation (OLG). Online casinos are set to go live come April, giving people the ability to gamble from the comfort of their own home. But wagering a bet on this game is something not everyone is aces wild for. Some…

Gaming Authorities ・ 23 March 2022

SBC News

Congress of Chile urged to impose advertising ban ahead of gambling resolutions

The National Congress of Chile has been notified that Coquimbo region representative Marco Antonio Sulantay will present a bill seeking to impose an outright'betting advertising ban of sports events and teams'. Yet to be submitted to the Lower House, the bill drafted by the Coquimbo deputy seeks to prohibit Chiliean media and sports clubs, (in…

Sports ・ 22 March 2022

Tech Lech

NTA Asks Nepali ISPs to Block Crypto Trading and Online Gambling Platform

Internet service providers (ISPs) in Nepal may soon restrict access to all websites and apps associated with illegal cryptocurrency, pyramid schemes, and online gambling. On March 14, 2022, Nepal Telecommunications Authority, the country's telecom regulator, issued a circular to all ISPs in Nepal. The circular requested that they block access to…

Industry ・ 17 March 2022

My Republica

ISPs in Nepal asked to disable digital platforms being used for investment in crypto currency, online gambling

KATHMANDU, March 15: Nepal Telecommunications Authority (NTA) has asked the internet service providers (ISPs) to disable the online platforms being used for digital investment and gambling. Issuing a public notice on Monday, the regulator asked the ISPs to halt or blacklist the websites and apps that are being used for transactions of…

Industry ・ 15 March 2022