The UK Gambling Commission (UKGC) has unveiled on Wednesday its new enforcement strategy, for gambling operators who violate the terms of their licensing agreements to face higher penalties. The plans include to reduce the possibility for the operator to renew his licence. The strategy came into force since Wednesday, following a three-month consultation with industry […]

The Malta Gaming Authority (MGA) and the Esports Integrity Coalition (ESIC) have agreed on a Memorandum of Understanding (MoU) in order to keep integrity of eSports and online betting. With this collaboration, the two parties will work together to prevent the illegal manipulation of esports events and competitions. Established in 2015, ESIC is a non […]

The UK gov announced that the findings of the fixed-odds betting terminals (FOBT) long-awaited review will be delayed until the autumn, following a rift between the Treasury and the government department responsible for the gambling industry over regulation of the controversial machines. Tory MP Tracey Crouch, the Conservative minister confirmed the decision during Thursday House […]

The gambling regulator may investigate Ladbrokes over an incident after betting addicts’ details found in bin bag outside one of the bookmaker’s betting shops in Scotland. The sensitive data included names, addresses, photographs of customers who signed up for the self-exclusion scheme Moses which allows problem gamblers to voluntarily ban themselves from placing bets. The […]

Melco International Development and Hard Rock International (HRI) after signing officially for the upcoming €500 million casino resort in Cyprus “Europe’s largest integrated casino resort”, they have decided to abandon their involvement in the application for a casino resort in Catalunya, Spain. On Friday, eleconomista.es a Spanish media outlet reported that the partners had withdrawn […]

On Thursday the Russian internet regulator Roskomnadzor have blocked Google.ru as the search engine had a page with a link associated with Russian bookies Fonbet, that is involved in a tax dispute with the Russian government. The serch engine was blocked for around three hours in the afternoon with a number of internet providers restricting […]

On Wednesday, Kenyan President Uhuru Kenyatta officially signed the Finance Bill 2017 that will impose a tax of 35% of gross profit on all gambling activities in the country. A week ago, the President rejected the previous version of the bill because he did not agree on the proposed tax rate as he proposed a […]

Even if all that Brexit business was in 2016, Brexit negotiations began on Monday with Theresa May and her team seeking to negotiate Britain’s exit from the EU. The worst-case scenario is the fragmentation of the UK and European markets as a result the companies with the most reliant on European revenues will be affected […]

The Gibraltar Betting and Gaming Association (GBGA) has been dealt a blow following the European Court of Justice (CJEU) ruling that the principle of freedom to provide services does not apply between the territory and the UK and that the provision of services by Gibraltar operators to customers in the UK is “a situation confined […]

Spanish gaming supplier R. Franco, signs a new deal to provide its omni-channel sports betting and gaming platform with Colombian operator Corredor Empresarial S.A. Under the terms of the agreement, Corredor Empresarial will implement R. Franco Digital with omni-channel platform together with a wide portfolio of betting markets and online casino games. Corredor Empresarial has […]

Greek gaming and betting operator and Europe’s 4th biggest betting firm Opap reported on Monday an 8.7% drop in net profit for the first quarter of 2017, as it is hurt by costs for the rollout of a new video lottery business. Opap said its net profit for the first quarter of 2017 came in […]

Bitcoin price topped $3,000 on Sunday afternoon according to CoinDesk’s Bitcoin Price Index (BPI), for the first time in history, continuing this year’s massive surge. After spending much of the last week seeking direction in the $2,700 to $2,900-range, the cryptocurrency climbed to a new all-time high of $3,012.05, gaining an additional 15% this week. […]