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) […]

The Swedish Online gambling provider Betsson AB has announced a partnership with the bookmaker BetConstruct, by integrating BetConstruct’s sportsbook in the Spanish market with full access to pre-match and live betting coverage, offering huge betting opportunities. Betsson’s Managing Director for Southern Europe & Latin America, Andrea Rossi, said: “We are happy to be partnering with […]

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 […]