Hong Kong Eyes Legal Basketball Betting with 50% Tax on Net Profits

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Hong Kong, Online Gambling News, Asian Casino News, Sports betting
Hong Kong is preparing to introduce legalized basketball betting, backed by overwhelming public support and a proposed 50 per cent tax on the operators’ net earnings. The initiative, currently under legislative...

ACMA Cracks Down on Four Betting Services Over BetStop Violations

Johnny K.
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Online Gambling News, Oceania Casino News, Fines, Lawsuits & Litigation
Australia’s media and communications regulator has taken decisive enforcement action against four betting companies after investigations revealed violations of self-exclusion rules under the national BetStop re...

Brazil’s Betting Sector Sounds Alarm Over Potential Tax Increases

Johnny K.
Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Brazil, Central & South America Gaming, Gaming Industry News, Economy/Finance, Sports betting, Taxation, Online Gambling News, Taxes
As Brazil's government considers tax reforms to offset potential fiscal shortfalls, leaders from the country’s licensed betting industry have issued a strong collective warning: raising taxes on regulated opera...

Michigan Cracks Down on Unlicensed Online Gambling Platforms

Johnny K.
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Unlicensed Operation, Online Gambling News, Crime, Licensing, Fines, Lawsuits & Litigation, Michigan
In a firm move to protect consumers and uphold the legality of its online gaming market, the Michigan Gaming Control Board (MGCB) has issued cease-and-desist orders to six digital gambling platforms that were f...

Illinois Sports Betting Tax Hike Triggers Market Drop and Industry Outcry

Johnny K.
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Taxation, Illinois, Taxes
The online sports betting industry took a significant hit this week after Illinois lawmakers unexpectedly approved a budget that includes a steep new tax on individual wagers, sending shockwaves through Wall St...

Illinois Budget Passes with Significant Sports Betting Tax Hike

Johnny K.
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Sports betting, Taxation, Online Gambling News, Illinois, Taxes
In a late-night vote just minutes before the constitutional deadline, Illinois lawmakers passed a $55.2 billion state budget that introduces sweeping changes to the taxation of sports wagering. The new fiscal p...

BAGO Raises Alarm Over Surge in Illegal Online Gambling Across Belgium

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, Belgium, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, European Casino News, Unlicensed Operation, Online Gambling News, Crime
A recent study commissioned by the Belgian Association of Licensed Gaming Operators (BAGO) has revealed a troubling reality: approximately 25% of Belgian gamblers are using unlicensed gambling websites. These i...

Man Arrested in Japan Record-Breaking Illegal Online Gambling Case

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Japan, Unlicensed Operation, Online Gambling News, Asian Casino News, Crime, Fines, Lawsuits & Litigation
Japanese law enforcement has arrested a 38-year-old man in what is being called the largest individual online gambling case in the country’s history. The suspect, Makoto Chomabayashi, is accused of placing bets...

High5Games Reaches $1.4M Settlement Over Unlicensed Casino in Connecticut

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Connecticut, Unlicensed Operation, Online Gambling News, Crime
The Connecticut Department of Consumer Protection (DCP) has finalized a $1.4 million settlement with High5Games, resolving allegations that the company ran an unauthorized online casino within the state. The ag...