Portugal will amendment the country’s gambling laws in 2018, according to local media reports. The goverment has put forward a number of proposed changes to online gaming tax and regulations. As per the proposed changes to online gaming tax, the tax for the State will raise from 2.28% to 3.17% and the allocation for the […]

According to an announcement of the UK Gambling Commission (UKGC), the Executive Director and Regulatory Operations lead, Nick Tofiluk, has departed the Organization for the Cyprus National Gaming & Casino Supervision Commission. As an Executive Director of the UKGC for the last 10 years, Nick Tofiluk has experience on licensing, compliance issues and betting integrity. […]

The Cyprus Government intends to regulate bingo gambling, as confirmed by the Finance Minister of Cyprus, Harris Georgiades, last Thursday, at the 1st Annual meeting of the National Betting Authority. Mr Georgiades stated that the new legislation “will secure national interest and social benefit”. “It is an activity whose turnover, according to estimates, exceeds €100m […]

The leading Data Center Provider, NetShop ISP, has announced today that will be hosting iGathering17 Private Event which will take place in Hilton, Malta. iGatherings are private, networking events attended by the iGaming industry’s C-level executives. NetShop ISP, as a leading Data Center Provider in Malta, will be among the 4 companies hosting this event […]

Betfred is set to expand the reach of its new TradeFred Forex and CFDs online trading platform into Cyprus, according to LeapRate.com. The result of a partnership between Betfred and Vanuatu-registered MagicPath Capital, the platform went live in June. At the time of its launch, TradeFred only held a licence issued by the Vanuatu Financial […]

Malta has become the basis of operations for many Dutch gambling companies before the Netherlands announces the new Dutch gambling laws, as per the local media. Specifically, the two Dutch media outlets Het Financieele Dagblad and Trouw claimed that Malta has a lot of technical and commercial expertise and years of experience in the online […]

Sweden’s gaming regulator, Lotteriinspektionen, has revealed that there has been a decline of Swedes who participate at gambling activities in the past year, according to its annual survey of the national gambling market. The annual survey is released on Wednesday by Lotteriinspektionen which showed that 66 percent of the 1,044 adults surveyed have participated in […]

The Chief executive of Sky Betting & Gaming, Richard Flint, has urged the UK’s Chancellor of the Exchequer, Philip Hammond, not to raise the gambling-related taxes of companies active in the country, warning that it could harm the company’s investment plan for the UK. As Mr Flint said, this year it was planned to create […]

An amendment to Russia’s federal law “On Information, Information Technologies and Information Protection” is preventing players from accessing international iGaming websites operating that are not licensed by the Russian government, with the implementation of a new VPN. Virtual private networks (VPN) services were called to set stricter conditions of access to international sites and online […]

The UK Government’s Department for Digital, Culture, Media and Sport (DCMS) announced today the options to reduce the maximum stake on fixed-odds betting terminals from £100 to between £2 and £50 to protect vulnerable gamblers. Currently, high-speed electronic casino games called ‘crack cocaine’ machines, allow punters to place bets of £100 every 20 seconds. Gambling […]

The Malysian Deputy Prime Minister, Datuk Seri Dr Ahmad Zahid Hamidi, said that changes will be made in the country’s Common Gaming House Act 1953, in order to fight illegal gambling. Zahid stated: “The (Home) Ministry, together with the police, are working with the Attorney-General’s office to see if a full change (is needed) to […]

Cyprus National Betting Authority (NBA) announced during a press conference, earlier this week, that it will conduct a gambling survey for the first time in order to evaluate the habits of Cypriot players and to determine the “frequency of participation” in games. NBA Chairwoman, Ioanna Fiakou, stated: “The authority has commissioned Insights Market Research (IMR) […]