Tag: gambling laws

UK Gambling Commission to Roll Out New iGaming Rules

ukgc
February 12, 2019

As online gambling in the United Kingdom continues to grow, the UK Gambling Commission continues to look for new and better ways to improve consumers protections to ensure a safer and fairer gaming sector. The commission’s latest effort in this regard is the introduction of a new set of rules that are designed to not only protect the underage from gambling-related harm but also ensure that the online gambling industry in the United Kingdom is fair and convenient for the consumers. Set to come into effect on May 7, the new rules and principles were arrived at following an open… Read More

Playtech Earnings to Take a Hit Due to Tax Hikes in Italy

playtech
December 25, 2018

2018 has been a rather torrid year for renowned gambling firm, Playtech (PTEC) and it looks like 2019 might turn out to be an even worse period for the company. This news comes in the wake of a recent announcement by the company where they revealed that a hefty impact on their 2019 profits thanks to new gambling tax hikes in Italy. The company said that it expects its 2019 adjusted EBITDA to fall by about $22.7 million after the Italian Senate passed the government’s 2019 budget which includes legislation to increase taxes on various types of gambling activities. The… Read More

Swedish Gambling Authority Issues More Gaming Licenses

sweden-gambling
December 18, 2018

Lotteriinspektionen, Sweden’s gambling authority has awarded five more gambling operators licenses to operate in the country’s regulated gambling market. This is perhaps part of the country’s preparation as it comes closes to launch of its much-awaited liberalized online gambling market – the laws pertaining to this development are expected to be implemented in less than a month. As it stands, the total number of licenses that have been issued by the gambling authority is 31 which is pretty impressive especially considering the fact that the newly liberalized gambling market is expected to go live by January 1. A few other… Read More

Twitch Users Blow the Whistle on Illegal Casino Operators

twitch
December 11, 2018

Twitch needs no introduction especially if you are familiar with the world of video games and esports where the streaming service is king. However, as the streaming platform continues to grow, some users have been using it for activities that are rather controversial – that is, a few users now use the service to stream content of themselves and others playing online casino games like poker and slots. This has been said to be a very risky thing, especially for the casino operators. Why Twitch? The streaming service has been around since 2011 but it was not until 2014 when… Read More