Russian government has modified the tax policy in favour of licensed sports betting operators. Further reductions have been proposed to bookmakers’ mandatory contributions to Russian sports bodies. In March this year it was announced that licensed bookmakers will have to contribute with 5% of their revenues, having a minimum quarterly payment of US $232,000. At […]

The Senate’s Special Committee on National Development (CDEN) has approved a bill for online gambling, bringing the country one step closer towards launching a regulated online gambling market. SB 186/2014 aims to set up a legal structure that would permit land-based casinos, video lottery and other gambling options, such as bingo halls, sports betting or […]

Online gambling companies offering services in Australia will now have to acquire local licences or will face heavy fines. The new Interactive Gambling Amendment Bill 2016 is a result of almost a year-long work on online gambling in Australia. Earlier this year Alan Tudge, Human Services Minister, proposed to amend the Interactive Gambling Act 2001. […]

Hundreds of online gambling affiliates have been warned by the Information Commissioner’s Office (ICO) regarding the nuisance texts. ICO has launched an investigation into claims that companies are bombarding millions of people with spam messages. The watchdog agency released a notice expressing the concern that companies may not be using personal data in accordance with […]

The Malaysian Communications and Multimedia Commission (MCMC) received 1,161 complaints from the public on gambling promotions related activities from 2015 until September this year. MCMC Minister Salleh Said Keruak said that following these complaints the commission took steps to gather information and to share the details with the police for further investigations. As a result, […]

The Melco-Hard Rock Resorts Cyprus consortium has been granted the rights to create the first casino gaming venue in the Republic of Cyprus. “The consortium has been invited by the coordinating committee to submit an application for licensing, under which the due diligence check will be carried out as provided by the documents of the […]

New anti-money laundering (AML) legislation in Philippines will now include online gambling sites licensed in the country. A bill mandating casinos to report all the suspicious transactions to AML Council has been proposed in the House of Representatives. Earlier this year Rep. Feliciano Belmonte Jr. proposed a plan to introduce a new legislation (HB 14) […]

According to the Euractiv’s reports, by next year many casinos and gaming halls in Germany will risk losing their licenses. Germany’s gambling law has been in transitional period since 2012. German regulators are now set to implement stricter gambling rules and have the new law implemented in January 2017. Since the European Court of Justice […]

The new cryptocurrency Zcash is officially launched. In Italy this new currency, which promises a strong focus on anonymity, is greeted with a plan to ban fully anonymous digital currencies. Zcash was not even released to the public when it already started causing controversy in the country. As a result, the lawmakers of Italy decided […]

The UK Gambling Commission (UKGC) proposed changes to its Remote Gambling and Software Technical Standards (RTS). The UKGC claims in its statement that the consultation “seeks to ensure consumers are provided with sufficient information to gamble responsibly whilst delivering an effective and proportionate regulatory framework”. One of the proposed new requirements is to allow customers […]

The government of South Korea announced that it will offer $2.65 billion in financial support over the next three years to develop the FinTech sector in the country. It is expected that this move will also expand the system of digital currency like bitcoin. The government is planning to establish pilot projects by the end […]

The Competition and Markets Authority (CMA) has launched an investigation into whether online gambling sites are treating their customers fairly. This has been done following the concerns raised by the UK Gambling Commission (UKGC). The UK’s competition watchdog CMA announced in its statement that together with UKGC they are sharing concerns related to “potential breaches […]