Industry News and Headlines
Industry
October 29, 2021
Rivalry Plans to Become Registered Online Betting Operator in Ontario, Submits Application
Back in August this year, the government in Canada put forward Bill C-218. This enabled each of the country’s provinces to introduce and manage single-event sports betting. Ontario was the first province to start accepting applications. Now, Rivalry is looking to become a licensed operator in the province. Rivalry Submits Application with AGCO Rivalry, the […]
Industry
October 29, 2021
Colombia’s Gambling Market Continues to Grow Stronger
Colombia’s gambling market is what all other Latin American gambling markets aspire to be. It is well-regulated and continues to grow, making it a significant source of revenue for the country. As Brazil, Argentina, Costa Rica and others explore how to make their own markets successful, they could take some tips from Colombia, which saw […]
Industry
October 28, 2021
HMRC Accepts a New GGY Tax Bands Proposal, Effective April 2022
HM Revenue & Customs (HMRC) has accepted a new proposal considering the gross gaming yield (GGY) tax bands. According to this new policy, the GGY tax bands that are applied to the earnings of land-based casinos will expand. The main goal behind these new tax bands is to maintain the duties of casino operators at […]
Industry
October 28, 2021
Gaming Win in Nevada Hits $1 Billion in September
Nevada is ready for a financial rebound. Despite the impact of the pandemic, the state recorded $1 billion in gaming win, according to the regulator. Nevada Gaming Control Board: Gaming Win in September Hit $1bn Despite the difficulties surrounding the COVID-19 pandemic last year, it looks like Nevada is in for a great rebound. In […]
Industry
October 27, 2021
Howard League Asks for a Change in the Handling of Problem Gambling Crimes
Following its two-year research on the relationship between problem gambling and crime, the Howard League for Penal Reform has asked the United Kingdom’s Criminal Justice System to revise its approach to crimes related to problem gambling. The Howard League Deemed CJS’s Approach to be Suboptimal Based on the experience of gambling crime victims, gambling firms, […]
Industry
October 27, 2021
Massachusetts Senate Still Can’t Figure Out How to Approach Sports Betting
All around Massachusetts, states are embracing sports betting. Some were able to move quickly; others needed a little more time. Massachusetts is trying to set the record for the most amount of time needed to approve legalized sports betting and, at the pace it’s going, it will easily win. The House has already approved a […]
Industry
October 26, 2021
Survey: United Kingdom Problem Gambling Falls to 0.3%
According to a survey, problem gambling in the United Kingdom has dropped to 0.3%. This statistic is based on 4,009 questioned bettors. For comparison, in September 2020, the Gambling Commission of Great Britain reported double this number. The Results of the Recent Survey The data reveals other curious findings. According to the survey, the highest […]
Industry
October 26, 2021
Online Gambling Expansion Reportedly Receives Support from Iowa Gaming Association
It was back in 1983 when Iowa legalized pari-mutuel betting on dog and horse racing. Then, in 1991, the state opened the doors of its first casino. More recently, in 2019, Iowa became the 11th US state to launch legal sports wagering. Will Iowa Expand Online Gambling? Since 2019, 18 commercial and tribal operators have […]
Industry
October 26, 2021
Macau Gets a Small Boost in GGR, Could See More Growth
Macau didn’t see any significant uptick in traffic from Golden Week this month, but things improved slightly since then. The average daily gross gaming revenue (GGR) for the third week of October was a big improvement over the prior week, and more increases could be coming. The Macau Grand Prix will be held in November, […]
Industry
October 25, 2021
Lithuania Cracks Down on Unlicensed Operators
The Lithuanian Gaming Control Authority has demanded that all illegal offshore gambling operators cease their operations. Those who refuse to comply with the country’s gambling laws risk getting blacklisted for the time being. The Regulator Combats Unlicensed Gambling According to the regulator and the local rules on gambling, all online wager-oriented platforms should be licensed […]