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New lottery game using Bitcoin launched

New lottery game based in on the Bitcoin cryptocurrency launched by Multilotto. Draws will take place every day of the week, apart from Sundays, will give the chance to players to win a jackpot worth 1,000 Bitcoins. The launch comes after Multilotto also recently expanded its offering to include a number of new jackpots, such […]

“City of Dreams – Mediterranean” the name of Cyprus casino

The new Casino Resort in Cyprus operated and majority owned by Melco is to be called “City of Dreams – Mediterranean” following Chairman Lawrence Ho’s announcement on Tuesday. “Cyprus’ first integrated resort which will place Cyprus on the world tourism map and attract visitors not just from the surrounding region but also from the whole […]

Cyprus submits a new regulatory framework for gambling

The new regulatory framework for gambling resubmitted by Cypriot National Betting Authority for gambling after the European Commission and Malta opposed its original draft. The EU member state’s Betting Law of 2017 was submitted to the EC in June, and contained two amended pieces of legislation aimed at remedying several earlier infringements with the 2012 […]

Dedicated divisions launched by BtoBet Group

BtoBet Group, the igaming and sports betting technology provider, has launched two new dedicated divisions for gaming and sports betting following an internal restructure. The Malta-based company has unveiled its new BtoBet Sports and BtoBet Games units after bringing iTrading Solution (ITS) and iGaming Solution (IGS) into the organisational fold. ITS specialises in risk management […]

New VAT legislation disclosed in Argentina

Under new legislation unveiled by the government offshore operators in Argentina could face paying Value Added Tax (VAT) of up to 27%. According to Review-Casinos.com , the draft bill sets out plans to impose VAT on offshore digital service providers, such as gambling companies. Other services likely to be hit by the proposed legislation include […]

New Gaming Licence Fees regulation from Malta Gaming Authority

Following a consultation exercise undertaken by the Malta Gaming Authority a new fiscal structure is being introduced by the Government that shall bring into force the Gaming Licence Fees Regulations as of 1st January 2018. This change is part of a stepped approach required in the light of the legal and regulatory overhaul that governs […]

The 2018 gambling trends

Industry experts believe that 2018 is going to be an important year for the gambling industry and they cite certain emerging trends to be the reason for its growth. The gambling industry globally is growing at an unprecedented rate and is estimated to reach a CAGR of 18.84% by the year 2021. To keep up […]

Melco increases its stake in Cyprus casino

As it is reported Melco International Development Ltd. it would be increasing its stake in the casino that’s currently being developed in Cyprus. Melco currently owns a 70% stake in the project and will be increasing it to 75%. The increase in stakeholder ownership will occur via a share subscription agreement with Cyprus Phasouri (Zakaki) […]