Legal

08.12.2023Legal

Entain’s Compliance Journey: Navigating Regulatory Challenges

This agreement, coming in the wake of bribery-related offenses by its former Turkey-facing business, involves a significant financial commitment from Entain, totaling $737.5 million. Additionally, Entain is required to...
08.12.2023Legal

Jonas Warrer Petersen Holding Increases Stake in GiG

The purchase of 270,000 shares at a price of NOK 30.00 per share marks a substantial increase in Warrer's stake in the company. Following this transaction, Jonas Warrer, along...
sweden
07.12.2023Legal

Swedish Gaming Authority Weighs in on Proposed Gambling Tax Increase

This change, as announced in the Government's 2024 budget proposition, is expected to raise tax revenues by SEK 0.27 billion in 2024, and subsequently SEK 0.54 billion annually. Spelinspektionen's Perspective While...
07.12.2023Legal

Australia Cracks Down on Credit Card Betting: New Legislation Passed

This significant move, widely endorsed by Responsible Wagering Australia (RWA) and its members, represents a major shift in the online gambling landscape in Australia. This development coincides with notable...
07.12.2023Legal

Malta Gaming Authority Revokes License of AMGO iGaming Malta Ltd

This decision, effective from December 6, 2023, follows the guidelines outlined in regulation 10 (1) (a) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06). Decisive Action by the Authority The...
07.12.2023Legal

Navigating Change and Challenges: An In-depth Analysis of the Philippine Gaming Industry in Collaboration with PAGCOR

Transformative Regulatory Measures The current trajectory of the online gambling sector in the Philippines is characterized by a climate of uncertainty, shaped by the introduction of stringent new regulations by...
Florida Regulators Target Daily Fantasy Sports Operators iGamingExpress
06.12.2023Legal

Florida’s Online Sports Betting Debate: State vs. Pari-Mutuel Companies

This move counters challenges from pari-mutuel companies West Flagler Associates and Bonita-Fort Myers Corp., who argue that the deal violates a 2018 constitutional amendment restricting casino gambling. The Seminole Compact and...
888 Provides Trading Update and FY23 Guidance with Focus on Long-Term Growth iGamingExpress
06.12.2023Finances

888 Holdings Declines Playtech’s $883 Million Acquisition Bid

The bid, which was presented in the summer of 2023, amounted to a striking £700 million (approximately $883 million). Playtech's Offer and 888 Holdings' Valuation Playtech proposed acquiring 888 Holdings at...
06.12.2023Legal

Regulation of Online Casinos: A Solution for France’s Gambling Market

The EGBA emphasizes the need for regulation to curb the growth of the illegal gambling market in France. France's Illegal Gambling Market: A Growing Concern A recent study by French regulator...
06.12.2023Legal

Brazil’s Senate to Debate Sports Betting Regulation

This bill is among several others slated for discussion, but it stands out due to its potential impact on both the sports and betting industries. Key Features of PL 3,626/2023 The...
04.12.2023Legal

The UAE’s Gaming Sector Evolution: GCGRA’s New Head of Investigations

With the appointment of Edward Aylward as the head of investigations, the authority strengthens its regulatory framework. Edward Aylward's New Role at GCGRA Edward Aylward, a former US lieutenant with extensive...
UK Government Weighs Imposing 1% Levy on Online Gambling Firms to Fund Addiction Research
04.12.2023Legal

Richard Desmond Sues Gambling Commission Over National Lottery Bid Rejection

Desmond's company, Northern & Shell, had competed for a 10-year contract, valued at £6.5 billion, to run the National Lottery from next year. However, the Gambling Commission awarded the...