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 […]

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) […]

The UK Gambling Commission (UKGC) is set to investigate a series of problems regarding self-exclusion after a report from the BBC. An undercover reporter from BBC Radio 5 Live managed to bet in 19 out of 21 bookmakers he visited Grimsby. He signed up to the government’s self-exclusion scheme. Following up his submission the United […]

In an interview Michael Pedersen of LetsBet.com noted that players enjoy indirect presence of others even if they don’t have particularly deep or regular contact with them. Most of online-casinos try now to replicate the atmosphere to the greater extent as in land-based casinos. To recreate that social atmosphere in online casinos, Pedersen said online […]

William Hill will appeal against a €300,000 fine issued by the Netherlands Gambling Authority (KSA) for targeting players in the country without an iGaming licence. The regulator penalised the bookmaker for offering online games of chance to Dutch consumers via its WilliamHill.com website and two mobile applications. Online gambling is currently prohibited in the Netherlands, […]

Although online gambling traveled and flourished across different countries of the world, has a prominent influence on the UK. Unforeseen, online gambling continues to drive the gaming market in the country, as per the new figures revealed by the UK Gambling Commission, which is the regulator of all gambling activities in the country. The UK […]

The National Betting Authority announced that it has suspended the operations licence of Royal Highgate Public Company Ltd for two months for non-compliance with its terms. In an announcement, the authority said Highgate “will not be able to provide betting services according to the 2012 law on betting as its licence has been suspended for […]

The leading gambling hub, Malta, announced that Bookmakers and Betting exchanges will be exempted from Value Added Tax (VAT). Starting from January 1st 2018 the Maltese government would no longer impose VAT on bets and wagers, including the services of bookmakers and betting exchanges, according to the report of The Times of Malta. Last week […]

According to an announcement on Thursday by the UK Gambling Commission (UKGC) on its website, the Chief Executive Sarah Harrison has resigned from the Organization leaving at the end of February 2018, following Nick Tofiluk’s departure. Ms Harrison will take a senior role with the Department of Business, Energy and Industrial Strategy. Neil McArthur who […]

The Malta Gaming Authority (MGA) has announced on its website on Tuesday that is looking for interested parties willing to share information regarding their cryptocurrencies and/or DLT projects, as is actively considering the possibility of allowing the application of cryptocurrencies and DLT by its licensees. The regulator says that is mindful that there are risks […]

The British land-based casino operators are going to pay at least 0.1% of their annual gross profit for funding the charity GambleAware to fulfill the National Responsible Gambling Strategy’s goals, as agreed the British land-based casino operator’s trade association, the National Casino Forum (NCF). “The casino sector has always supported fundraising for research, education and […]

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 […]