Intralot Group has announced the stock purchase agreement to acquire the remaining 65 per cent of gaming technology company Bit8. With this move Intralot Group becomes full shareholder of the company. Bit8 Founder Angelo Dalli, will remain in the Board of Directors of Bit8 as per the company. Intralot Group invested in Bit8 for the […]

The Government of Belgium has received the approval of Council of Ministers to introduce restrictions on the gambling advertising code including a blanket ban on gambling promotions during live sports broadcasts. The Council of Ministers have approved the new gambling advertising standards code by Christian Democrat CDV MP Koen Geens, the Belgian Justice Minister, as […]

According to the latest Greek reports, the Syriza Government is seeking to reform the Greek gambling industry by cutting down the taxes on casino gambling in order to attract international companies. Last Monday, eKathimerini published a report stating that according to sources, “a bill will tabled in the next few weeks” and it will contain […]

Switzerland’s parliament has passed a final vote on the Switzerland’s Money Gaming Act, ending the process for the new legislation that began in 2014. The Money Gaming Act will replace the outdated 1923 Lotteries and Betting Act and the 1998 Gambling Act. Under the new Money Gaming Act, the country is modernizing the current gaming […]

The Dutch Gaming Authority (KSA) has published a press release last Monday noting that is set to further control social gambling as it can facilitate the spread of unlicensed and illicit online gambling and could also cause addiction to gambling on vulnerable players. KSA said: “Because social games and games of chance have many similar […]

The Maltese authorities after evaluating the proposals of the new Gambling Law of Cyprus, they have delayed it as they have to share a detailed opinion on the new regime. Αlthough the proposals are being evaluating by the European Commission, Malta as one of the pioneers on the iGaming in Europe must also give an […]

The Trinidad and Tobago Government decided to double the gaming operator taxes by January 2018 and the T&T Gaming operators are protesting and they are ready to respond to this decision in every lawful manner. While some international casino operators are threatening to pull out of Trinidad & Tobago, six small casinos have already closed […]

Switzerland’s Parliament members is reported to have agreed on a compromise over taxes on winnings from lotteries and sporting bets, replacing the country’s existing gambling laws with a new Money Gaming Act, which deals with new online markets. As per the new Money Gaming Act, lotteries and sporting bets would be taxed only when winnings […]

According to the Times of Malta, the government may soon begin a ‘sandbox test’, a trial rollout of cryptocurrency to test regulations and legislative measures before giving the green light to the Malta-licensed online gambling sites to accept digital currencies. The test will be conducted by the auditing firm PricewaterhouseCoopers (PWC) which will be able […]

The UK Labour Party proposed a new tax on the gaming industry where the gambling operators will be funding National Health Service treatment for gambling addicts as the number of problem gamblers has been risen in the UK. According to a Gambling Commission report, 2 million people in the UK are addicted to problem gambling […]

On Tuesday, the Dutch government announced along with its 2018 budget plans that is going to temporarily raise gaming taxes from 29% to 30.1% from July 2018 to January 2019. The tax rise will affect the revenue from slots, casino gambling and all forms of remote gambling. During the period of six months the Dutch […]

Saxony-Anhalt Finance Minister, André Schröder, has warned that the online gambling legislation efforts of Germany might be failed if its 16 federal individual states do not implement the proposed “Interstate Treaty on Gambling” the sooner. The Interstate Τreaty has been in place since 2012, but has not yet been implemented since the 16 states of […]