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 […]

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 […]

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 […]

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 […]

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 […]