Tax Foundation research bears out diverse US wagering tax rates, barriers to...
Operators must deal with separate sets of laws, regulations and tax structures in each jurisdiction in which they are licenced. The map does not include the fees that operators must pay in each state....
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MLBPI slaps four US operators with name, image and likeness suit for using...
The suits were filed Monday (16 September). The DraftKings-bet365 suit was filed in the US District Court for the Eastern District of Pennsylvania, and the FanDuel-Underdog suit was filed in the New...
View ArticleFDJ aims to close Kindred acquisition ahead of schedule in October
FDJ tabled a €2.45bn (£2.07bn/$2.72bn) bid to acquire Kindred back in January. At the time, it set an acceptance period of through to 19 November this year – after which the offer would expire....
View ArticleACMA continues illegal gambling crackdown as Casino Belle blocked in Australia
Casino Belle, ACMA said, has been offering online gambling to players in breach of Australian law. The website features internet games such as slots and live casino – both of which are prohibited in...
View ArticleNetherlands gambling tax hike moves ahead despite government report’s warnings
The staggered approach, unveiled in the Netherlands parliament yesterday (17 September) aims to minimise the impact on the Dutch gambling industry by giving operators more time to adapt to the shift....
View ArticleMacau gears up for busy Golden Week
Demand for hotel rooms is high. Hong Kong brokerage CSLA reports that 82% of the 34 Macau hotels it assessed are fully booked for the first weekend of October. That beats the numbers for May’s Golden...
View ArticleMichigan: Igaming growth drives online gambling revenue increase in August
Igaming gross receipts and gross online sports betting receipts from commercial and tribal operators in August amounted to $224.0m (£170.2m/€201.5m). This is 27.7% more than last year in Michigan and...
View ArticleEarly action against unlicensed Brazil gambling operators splits industry...
Normative Ordinance No 1,475 stipulates that only operators who are both already active in Brazil and have submitted a licence application will be able to continue to operate during the transition...
View ArticleEveryMatrix submits bid for games studio Fantasma
Fantasma’s Independent Bid Committee, comprising independent members of its board, has recommended that shareholders back the EveryMatrix takeover bid. The recommended public offer values Fantasma at...
View ArticleDraftKings adds another $5m to effort to legalise sports betting in Missouri
According to the Missouri Ethics Commission website, DraftKings and FanDuel have now staked the campaign with a combined $14m, compared to the $4m that Caesars Entertainment has contributed to the...
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How will the first US interest rate cut in four years affect the gaming...
On Wednesday, Fed chair Jerome Powell announced a new rate range of 4.75-5%, down from 5.25-5.5%. The committee also announced that it expects to cut an additional 50 basis points through the rest of...
View ArticleManhunt intensifies for another suspect in Philippines offshore gaming scandal
Harry Roque, ex-spokesman for former Philippines president Rodrigo Duterte, has joined the list of influential people linked to crime-ridden Philippine Offshore Gaming Operations (POGOs). Like others...
View ArticlePennsylvania igaming revenue falls just short of monthly record in August
Total gambling revenue in Pennsylvania in August hit $525.5m (£397.1m/€472.1m). This is 14.9% ahead of last year and 4.9% more than July’s total for this year. Ongoing igaming growth in Pennsylvania...
View ArticleNew October deadline in Brazil expected to have little impact on state...
Normative Ordinance No 1,475 outlined only operators who have both applied for a licence and are already active will be allowed to continue their activities between 1 October and 31 December, with the...
View ArticleBGC survey predicts £2.7bn bet illegally online each year
The survey was carried out with the aim to better understand how UK gamblers are accessing the illegal gambling market, marking the first major study on the black market since the release of the...
View ArticleUS sports betting round-up: Kansas, Connecticut and Delaware in August
Handle growth drives revenue up in Kansas Starting in Kansas, total revenue from online and retail sports betting in August hit $6.6m (£5.0m/€5.9m). This is 37.5% ahead of August last year, but 28.3%...
View ArticleUS NIGC chair nominee names tribal economic development, managing technology...
Patrice Kunesh Wednesday testified to her commitment to the position before the Senate Committee on Indian Affairs. During the nearly 45-minute hearing, Kunesh fielded questions about tribal...
View ArticleAGI’s Boracay, Philippines IR plan: Not too big, not too small, “just right”
Boracay World Resorts includes a boutique casino, smaller in scale, to fit the 10.3-square kilometre holiday island. “We don’t want a big structure in Boracay,” said AGI president and CEO Kevin Tan....
View ArticleTabcorp announces Brett Chenoweth as new chairman
Chenoweth will officially take over as chairman when Akhurst steps down after the group’s 2024 annual general meeting (AGM) on 23 October. A hugely experienced executive, Chenoweth has been a...
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“We’ve done it”: MGM applies for UAE casino licence
Chief executive Bill Hornbuckle said MGM filed its UAE casino licence application in Abu Dhabi during a keynote at the Skift Global Forum in New York yesterday (19 September) . “The way it will work,...
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