Wednesday, October 4, 2023

Tag: Online Gambling

FanDuel and DraftKings bag tribal partnerships as Connecticut lib’s igaming

Fanduel DraftKings bag tribal partnerships as Connecticut lib's igaming
With online gambling going live in Connecticut for the first time, tribal owned Mohegan Sun and Foxwoods have elicited the services of the former DFS giants to enhance their digital prowess.

CCP launches 4-pronged assault on igaming ahead of centenary

CCP China iGaming assault
The Cyberspace Administration of China (CAC) has announced new protocols for tackling offshore online gambling companies such as “precision strikes” against firms recruiting Chinese to work abroad.

POGO’s set for tax hike after presidential intervention

Philippines tax Rodrigo Duterte
Despite heavy opposition, the Philippines’ president, Rodrigo Duterte, urges lawmakers to rush through a bill to add taxes to the online gambling sector and its employees - in a bid for billions in extra tax pesos that could fund the covid recovery.

Netherlands’ KSA gears up for October igaming launch

Netherlands KSA October igaming launch
Pitted to be one of the most explosive market launches this year, authorities in the Netherlands are readying licensees and regulations for online play to begin on 1 October.

Lithuanian fintech leader accused of stealing E100m from Wirecard

Wirecard scandal
The latest revelations from the still unfolding Wirecard scandal now threaten to engulf Lithuania’s hard-won reputation as a fintech capital of Europe.

Trump-era Wire Act interpretation overturned in appellate court

Wire Act interpretation overturned US
In the first days of the new US administration, justices of the First Circuit Court of appeals have overturned efforts by its predecessor to turn the 1961 Wire Act into an federal online gambling ban. Digital lotteries, poker and other casino products can now resume with confidence - although interstate sports betting remains in legal limbo for now.

Covid recovery splitting into winners and losers

Covid recovery
Developed economies are noticing huge disparities between which sectors are recovering after lockdowns, and which are not - a K-shaped trend which the gambling industry is struggling to escape.

China ramps up enforcement of online gambling

China crackdown illegal online gambling
China is continuing to bolster its armoury for tackling illegal online gambling - with a new portal through which citizens can report others’ suspicious activity, and giving heightened powers to the central bank for tracking and tracing payments

West Virginia to accelerate igaming legislation

West Virginia online gambling regulation
West Virginia has agreed to speed up the process of regulating online gambling so that operators could begin offering games by June or July this year.

China to create ‘reporting platform’ for locals to inform on igaming

China hit online gaming operators flag
China says it will “severely hit” any online gambling operators targeting its citizens, with a new focus on tracing financial transactions to their source and offering significant bounties to individuals who inform on them

CT Gaming Interactive in landmark LatAm deal with Logrand

CT Gaming Interactive has struck landmark deal with the Latin American industry leader Logrand Entertainment Group. CT Gaming Interactive’s extensive online content will be available through the prominent Mexican entertainment company’s online brand and is available now at The deal represents another important milestone in CT Gaming`s online brand history and significantly grows its online footprint within the Latin...

Replacing the cancelled sports calendar

a game above
Focus upon the player experience to captivate customers, writes Steen Madsen, CEO of A GAME  COVID19: Yet another challenge  As an Industry, Betting & Gaming has lived through cancelled sports fixtures on an individual basis, from time to time. Nothing, however, comes close to the cancellations and postponements witnessed recently. Only the UK’s 2001 Foot & Mouth crisis, which decimated...

Digital gaming through Covid19: Social interaction is key

In this product-by-product breakdown, Shaun McCamley, managing partner at Euro Pacific Asia Consultancy, argues that games promoting responsible gambling and social interaction will do best through the Covid19 crisis.   As we move into prolonged lockdowns and increased social distancing measures, the ability to connect through social media platforms has become increasingly important. So will platforms that offer a combination of...

UK election hopefuls put gambling in the crosshairs

Election Gambling Commission Westminster
As British voters head towards the third general election in just four years, it appears all the manifestos on offer include a significant tightening of..

Taiwan to criminalise online gambling

Taiwan to criminalise online gambling
Taiwan is moving to close a “loophole” in its criminal code that would make online gambling illegal - while introducing fines for players who disobey the..

What’s new. Buenos Aires? Province welcomes dawn of online regulation

online regulation Buenos Aires
As Latin America rapidly establishes itself as one of the most promising global markets, Buenos Aires’ recent decision to award seven new online licenses..

Slovakia approves online gambling as Tipos loses monopoly

Slovakia, online gambling, Tipos, monopoly
The Slovakian government has approved legislation originally tabled by the Ministry of Finance in May to allow international online operators access to the country. The bill, with stipulates that interested firms must form partnerships…

Departing Michigan governor vetoes online gambling

UNITED STATES, LEGISLATION, Michigan, online gambling
The outgoing Governor of Michigan has vetoed a bill approved by the state legislature which would have legalised intrastate online gambling for commercial and tribal casinos. Bill HB 4926, set to regulate casino games at a competitive tax rate of 8 percent GGR, was overturned by the official during his last days in office. “I do not think it is appropriate...

Australian regulators ‘waking up to reality of online gambling’

Sydney, Australia,
Australian lawmakers are tiring in their losing battle with offshore sites, says gaming consultant, Sudhir Kale - and “it’s only a matter of time” before online gambling becomes legal. The reality of enforcing a black online gambling market is becoming ever…

Clicks vs mortar: In conversation with Michael Zhu

Michael Zhu, vice president of international operations, planning and analysis at the Innovation Group discusses the conflict of interests between land- based casinos and online gambling in Asia. iGT: Skeptical casinos have been one of …

Rush Street scores Colombian licence in time for World Cup

Rush Street Interactive has been granted a Colombian online gaming licence in time to capitalise on a surge in World Cup betting. The digital division of US operator Rush Street Gaming secured the five year licence following a $5m payment to regulator Coljuegos.

China orders telcos to block VPN use

China orders telcos to block VPN use
The Chinese government is instructing telecoms companies to block individuals’ access to VPNs - a daily activity for many citizens looking to access a range of banned sites, including online gaming. The new legislation is hoped to be the final brick in China’s “Great Firewall”, a comprehensive cyber-strategy of shielding Chinese citizens from the internet-at-large. Residents are currently banned...

BMM tests Colombia’s first Live Sports platform

Betting Business - Colombia igaming Colombia's quickfire
The international gaming testing laboratory, BMM Testlabs, recently tested the first Live Sports online gambling platform for Colombia's igaming market.   BMM Testlabs confirmed it had tested the online gambling platform for, owned by Aquila Global Group, and based on BMM's test report and certification, COLJUEGOS, Colombia's regulatory body, issued its first license for online sports betting operations to  BMM's...

Debate continues to rage over Singapore online gambling

Betting Business, Singapore Pools, online gambling, Pritam Singh,
Sports fans in Singapore were able to take a punt online for the first time this October as local operator Singapore Pools became the first gambling firm to take advantage of new liberalised legislation. Under a three-year exemption to the country’s Remote Gambling Act, betting companies are able to offer their services through online and mobile channels - with the...

Global online gambling wagers to approach $1tn by 2021

Betting Business Juniper Research online gambling
The value of online gambling wagers will soar from just over $550bn (E490bn) this year to nearly $950bn (E850bn) by 2021, according to new data from UK-based Juniper Research. Juniper’s latest research found that gambling activities were increasingly migrating to the online environment, with the majority of net growth attributable to users of mobile channels. It also argued that new...