Brazil government sets December deadline for gaming licence applications
Normative Ordinance 827 was published in Brazil’s Official Diary of the Union on Tuesday (21 May), sets out the requirements for those hoping to secure sports betting and gaming licences in Brazil....
View ArticleSwedish regulator urges greater clarity over proposed credit gambling ban
The country already has a ban on licensed operators offering or providing credit under the Gambling Act. However, under plans set out by the ministry of finance in February, the expanded ban would be...
View ArticleACMA orders blocking of more illegal gambling websites
ACMA said each of the sites is operating in breach of the Interactive Gambling Act 2001. As such, it is requesting internet service providers (ISPs) to block access to the illegal sites. Domains...
View ArticleDC hails FanDuel success as revenue tops $5.0m in opening 30 days
FanDuel has officially been operating in partnership with the OLG since 15 April. This came after the OLG completed its transition from Intralot-run GambetDC, its long-term partner for sports betting...
View ArticleLoterie Romande achieves record profit despite weak jackpot cycle
In its annual report for the year to 31 December 2023, Loterie Romande achieved gross gaming revenue of CHF420.7m ($458.9m /€423.9m /£360.6m). This was down 3.4% on the record CHF435.5m generated in...
View ArticleClik here to view.
DraftKings begins integrating Jackpocket as $750m deal completes
DraftKings revealed it was to purchase Jackpocket in February 2024. At the time it said the addition of the lottery app would generate up to $340m in additional revenue annually. DraftKings said it is...
View ArticleWest Ham’s Lucas Paqueta charged over betting breaches
The Brazilian player has been charged with four breaches of FA Rule E5.1 in relation to his conduct in four Premier League fixtures between November 2022 and August 2023. It is alleged that Paqueta...
View ArticleNOGA urges rigorous KSA response after research finds illegal operators...
Research conducted by Keurmerk Responsible Affiliates (KVA) and shared with NOGA and operator association Licensed Dutch Gaming Providers (VNLOK) identified minors in the Netherlands as being able to...
View ArticleClik here to view.
Wagering tax hikes are all the rage. Will Illinois be next to approve? Mass...
So far, there’s no consensus, which means that the Illinois legislature will extend its session into the Memorial Day weekend. Governor JB Pritzker earlier this year began pushing to increase the...
View ArticlePaf issues tax warning on profitability despite record 2023
In what was another financially positive year for Paf, revenue was 6.9% higher year-on-year. The operator also had a 23.0% rise in net profit to €55.1m, another new annual record. However, while CEO...
View ArticleGalaxy Gaming appoints Everi’s Kopjo as new CFO
An experienced industry professional, Kopjo will officially take on the CFO role at Galaxy on 28 May. He is replacing Harry Hagerty, who is moving to a strategic advisory role after seven years as...
View ArticleSwitzerland federal council grants all casinos new licences from 2025
The announcement was made following the Switzerland casino industry’s delegate meeting on Wednesday (22 May). With current licences lasting until the end of 2024, the new agreements will be granted...
View ArticlePlaytech board reshuffles risk, compliance and audit committees
The partial merger will create the Audit and Risk Committee, which will be chaired by Ian Penrose. A senior independent non-executive director, Penrose has served on the Playtech board since 2018....
View ArticleDelaware sports betting growth continues as expansion bill progresses
Introduced in April, House Bill 365 is seeking to open up the Delaware online market to more operators. This comes just months after the Delaware Lottery launched its first online sportsbook with Rush...
View ArticleState of the Union: A look back at the week that was in North America
PA, MA issue fines The Pennsylvania Gaming Control Board on 22 May announced that it had fined Wind Creek Bethlehem $125,000 (£98,089/€115,156) for 10 times allowing minors onto the gaming floor. The...
View ArticleBrazil: Could the ministry of sport’s 45-day assessment period cause delays?
The latest order from Brazil’s SPA – Interministerial Ordinance No.28 – was published on 22 May in the country’s Official Gazette. The SPA was established in April as part of an ordinance outlining...
View ArticleNo deal yet: Illinois lawmakers consider step-up wagering tax rate that would...
The latest budget proposal Saturday afternoon included a graduated wagering tax structure that would set rates between 20-40%, depending on an operator’s adjusted gaming revenue (AGR). Those with AGR...
View ArticleIllinois senate passes ‘penal’, progressive sports betting tax
The Sports Betting Alliance (SBA) called the budget an “extremely disappointing decision that will cause real harm.” The proposal nearly triples the tax rate for the most successful operators....
View ArticleKindred historic Sweden fine reduced to SEK30m
Sweden gambling regulator Spelinspektionen first issued Kindred with a fine and penalty in March 2020. At the time, the penalty fee, referencing offering unauthorised bonuses and lotteries without a...
View ArticleNorthStar reduces Q1 net loss as revenue climbs 63.9%
Revenue in the three months to 31 March hit CA$5.9m (£3.4m/€4.0m/US$4.3m). This is 63.9% up from the $3.5m reported by NorthStar in Q1 of the previous year. Incidentally, Q1 of last year saw...
View Article