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High taxes pushing people to illegal online gambling as it looks at 30% growth: CSK study

The illegal betting market in India receives an estimated $100 billion annually in deposits, despite regulations by the government. The illegal betting market grew by 7% CAGR from 2012 to 2018, and is set to grow by 30% this year High taxes and inadequate legal frameworks are pushing people towards illegal online gambling, which is projected to…

Law ・ 28 June 2024

focusgn.com

Dutch gambling operators respond to “irresponsible” proposal to ban online slots

The trade association NOGA has responded after MPs voted for a ban. The Netherlands.- The Netherlands Online Gambling Association (NOGA) has described Dutch MPs' vote in favour of a ban on online slots as "thoughtless and irresponsible". MPs also narrowly voted in favour of motions to ban all online gambling advertising and to require mandatory…

Industry ・ 18 April 2024

The Globe and Mail

Got questions about Ontario’s online gambling industry? Don’t bet on getting the answers

When Ontario announced a few years ago that it was giving the green light to online gambling, politicians made familiar promises about the scheme. It would be great for consumers. Great for the province's tax revenue. Great for jobs, great for the local innovation economy. (They didn't say anything about how great it might be for our blood pressure…

Industry ・ 20 January 2024

Banbury Guardian

Nearly half of gamblers have never actually played in a casino

Four in 10 gamblers have never actually set foot in a casino, according to research. Nearly a quarter (23 per cent), of those who flutter online, worry about getting it wrong in person, and 22 per cent fret about looking out of place Others worried about having to travel there or not having anyone to go with (both 20 per cent). Of those who have…

Sports ・ 19 July 2023

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Racing Post

Online shift the big change in gambling landscape but retail betting recovering

The Gambling Commission has released its latest set of industry statistics The shift to online gambling continues apace according to the latest statistics published by the industry's regulator. However, the Gambling Commission said retail gambling is showing signs of recovery following the Covid-19 pandemic despite a near 20 per cent fall in the…

Industry ・ 25 November 2022

Mirror

Warning as one child in every classroom gambling with 'loss of control'

A new report published by the Gambling Commission found that one in every 29 children - more girls than boys - had a betting addiction or was showing signs of developing one One in every 29 schoolchildren has a gambling problem, according to a new report (Stock photo) One child in every secondary school classroom has a gambling problem or risks…

Gaming Authorities ・ 11 November 2022

European Gaming

UK’S BGC WELCOME PAUL SCULLY MP AS NEW GAMBLING MINISTER

Standards body the Betting and Gaming Council has congratulated Paul Scully MP on his appointment as Minister responsible for the betting and gaming industry. BGC chief executive Michael Dugher also congratulated Michelle Donelan MP on her re-appointment to the Cabinet and encouraged both to continue engagement with the industry to find the right…

Law ・ 01 November 2022

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

Business Standard

Online Gaming: Why India needs a central regulatory framework for online gaming?

To bring about uniformity in the industry, the central government is exploring the need for a central regulatory framework. The policymakers have begun consultations and discussions for such a framework, a report by Economic Times (ET) said. The regulator will have power to block unregistered gaming platforms. The operators will reportedly be asked…

Law ・ 10 October 2022

Macau Business

Middle-aged, single, Buddhist males more likely to be problem gamblers

Gender, financial and family status, and Buddhist affiliation have a role when it comes to the likelihood of one being a problem gambler in Macau, a recent research carried out by Macau Polytechnic University (MPU) scholars found. In the study titled "Profiling of Gamblers and Problem Gamblers Among Casino Patrons in Macau SAR", scholars To Wai…

Gambling Addiction ・ 16 August 2022

NZ Herald

The counter argument for community-based gambling

I am all for informed debate on social issues. However, there appears to be a particular unwillingness to consider counter arguments on the well-worn debate about the role of community-based gaming machines in New Zealand. I am the CEO of Pub Charity which has operated gaming machines in Hawke's Bay since they were first approved for license in…

Lottery ・ 08 July 2022

City A.M.

Stick or twist: Ministers prepare to water down upcoming gambling review

As the review for gambling legislation beckons, it is understood that ministers are rethinking what the industry has called "draconian" measures. As reported by the Sunday Times, The Department for Culture, Media and Sport (DCMS) are planning to water down proposals to crack down on problem gambling. Since the review of the Gambling Act was first…

Sports ・ 29 May 2022

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City A.M.

Over half of punters push back against government imposed gambling limits

New data has revealed nearly two thirds of punters (65 per cent) believe there is a large or substantial risk that setting limits on the amount of money spent on betting would drive more people to the unsafe, unregulated black market online. The latest polling by YouGov found almost 56 per cent of punters thought the Government should not set…

Gaming Authorities ・ 23 May 2022

Mint

Online Gaming, Casino, Horse Racing To Soon Attract 28% Gst

18 May seems to be a D-Day for the online gaming sector as the Group of Ministers (GoM) has unanimously decided to impose 28% Goods and Services Tax (GST) on casino, race course and online gaming services. All kinds of online gaming will attract a GST of 28%, according to a CNBC-TV18 report. The structure on which GST will be levied has also been…

Industry ・ 18 May 2022

City A.M.

New research shows pandemic causes surge in gambling addiction in women

The pandemic has led to a wave of gambling addictions in people with no history of addiction - particularly single mothers - a new report by the Centre for Labour and Social Studies (CLASS) has revealed. The report, commissioned by Clean Up Gambling comes in anticipation of a long-awaited government white paper, which will propose an update of the…

Covid ・ 14 February 2022

Adotas

One particular selection when you look at the last place might be money extra casino Ontario.

One particular selection when you look at the last place might be money extra casino Ontario. Being the world today steps fast towards making all the things online-oriented, gambling casino have also obtained in to the phenomenon. The reason is the ease of which gaming on the web provides. One more reason may advantages linked with gambling on line…

Strategy Guide ・ 14 November 2021

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East Riding gambling operators will soon share players' spending data

Betting shops, casinos and gambling websites will find out how much customers are spending Betting shops, casinos and gambling websites will soon be able to find out how much customers are spending, East Riding councillors have heard. East Riding councillors heard a recent data protection ruling had cleared the way for the sharing system to go…

Industry ・ 23 October 2021

Financial Review

Aristocrat eyes $94b prize with megadeal

For Aristocrat chief executive Trevor Croker, it's a deal that will set Aristocrat up for a new phase of growth over the next five years, taking Aristocrat beyond its two key businesses - selling gaming machines to casinos and venues around the world, and developing online social games where players don't gamble real money - and online real money…

Trust and Safety ・ 20 October 2021

iNtergame

UK arcades cited in gambling criticism

A study by the University of Bristol study points out that betting shops are ten times more likely to be found in deprived towns than in affluent areas. At the same time, the study highlights a disproportion between the amenities available on the high street for people living in deprived communities, compared with those available to people in in…

Jobs ・ 23 August 2021

Lexology

In review: licensing and taxation of gambling activities in Portugal

From a historiographical point of view, legal gambling in Portuguese territory dates back to 1927. The land-based gambling legal framework dates back to 1989. It aimed, among other things, to'emphasise the responsibility of the concessionaires for the legality and regularity of the operation and practice of gambling under the concession'…

Finance ・ 28 June 2021

Lexology

In review: licensing and taxation of gambling activities in Macau

The main legal and regulatory framework for casino gaming, pari-mutuels and operations offered to the public comprises the following. Games of chance Law No. 8/96/M of 22 July 1996 (illegal gambling). Law No. 16/2001 of 24 July 2001 (Macao Gaming Law). Administrative Regulation No. 26/2001 of 29 October 2001 (public tender…

Finance ・ 30 June 2021

Hindustan Times

How can gambling taxation help during COVID in India?

Legislation concerning the indirect Goods and Services Tax (GST) expressly sets a separate category of casinos, racecourses and other gambling channels, requiring them to charge a rate of 28 per cent on all their entry fees, products and services. By HT Brand Studio India's vast betting market remains unregulated and largely untaxed. The Union…

Covid ・ 01 June 2021

Lexology

Q&A: land-based gambling in United Kingdom

What types of land-based gambling are permitted in your jurisdiction, and is gambling regulated at a national or subnational level? The following types of land-based gambling are permitted where operators hold the appropriate licences issued by the Gambling Commission (the Commission) and their local licensing authority: casinos; arcades,…

Gaming Authorities ・ 19 May 2021

City A.M.

UK's gambling black market has doubled since 2018: PwC

The number of British consumers gambling on unlicensed websites has doubled in the last three years, according to a new study by PwC. The report found a steep rise in customers using offshore websites, despite these platforms being less visible on Google and with little evidence of growing public awareness of black market brands. PwC said this is a…

Incidents ・ 05 February 2021