Taxes

Entain experiences third-quarter slowdown in online revenue growth

October 12, 2021

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Taxes, United Kingdom

British land-based and online sportsbook operator Entain has reportedly chalked up an increase of 4% year-on-year in third-quarter net revenues despite experiencing a comparative slowdown in online receipts. ...

Iowa sportsbetting market chalks up a record-setting September

Adam Morgan

October 11, 2021

Latest Casino and Gambling News, NFL, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Licensing, Taxes, Iowa

Sportsbooks in the American state of Iowa reportedly pulled in aggregated online and retail handle of over $210.4 million last month thanks to increased activity connected to the start of this year’s National F...

LRWC planning to debut GSports online sportsbook in the Philippines

Adam Morgan

September 28, 2021

Online gaming software, Latest Casino and Gambling News, Online gambling regulation, New online casinos, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Licensing, Taxes, Philippines

In the Philippines and prominent gaming operator Leisure and Resorts World Corporation (LRWC) has reportedly announced that it has received the appropriate license to launch a new domestic retail and online spo...

American rapper Jay-Z joins New York online sportsbetting license race

Adam Morgan

August 16, 2021

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Taxes, New York

American rapper and entrepreneur Jay-Z (pictured) is reportedly partnering with licensed sports merchandise giant Fanatics Incorporated in hopes of boosting the firm’s chances at winning one of the two master o...

Big hitters partnering for New York online sportsbetting license race

Adam Morgan

August 10, 2021

Latest Casino and Gambling News, Tribal Gaming, Online gambling regulation, Gaming Industry News, Mobile gaming, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Taxes, New York

Some of the biggest sports wagering firms in the United States are reportedly teaming up in order to compete for one of the two master online commercial sportsbetting licenses being made available by officials ...

Boss of Philippines regulator opposes tax breaks for local iGaming firms

Adam Morgan

July 29, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Taxes, Philippines

The boss for the Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly come out against the idea of granting limited tax breaks to firms holding a Philippine Offshore Gaming Operator (PO...

Massachusetts gets down to legalized sportsbetting consideration

Adam Morgan

July 22, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Licensing, Taxes, Massachusetts

The American state of Massachusetts may soon become the latest to legalize sportsbetting after legislators announced that they have begun considering a measure that would allow anyone over the age of 21 to plac...

Poland warns all residents against accessing illegal online gambling services

Adam Morgan

July 20, 2021

Online Blacklist, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, The Players Lounge, Unlicensed Operation, Online Gambling News, Sports betting, Crime, Licensing, Taxes, Poland

Authorities in Poland have reportedly issued a statement reiterating their stand that residents who play on an unlicensed online casino are breaking the law and could be hit with a financial penalty worth the e...

Michigan online casino and sportsbetting market experiences June stutter

Adam Morgan

July 20, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Licensing, Taxes, Michigan

The 13 licensed online casino and sportsbetting operators in the American state of Michigan saw their aggregated gross gaming revenues for June decrease by a little less than one percent month-on-month to hit $...

California and Arizona tribal leaders discuss sportsbetting possibilities

Adam Morgan

July 20, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, U.S.A., Gaming Industry News, Arizona, California, Economy/Finance, Conferences / Trade Shows, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Taxes

Attendees at the first day of the Indian Gaming Tradeshow and Convention reportedly heard how casino-operating tribes in California and Arizona are working towards bringing legalized sportsbetting to their venu...

Aspire Global Limited premieres new BuyWin tool for iGaming operators in Germany

Adam Morgan

July 8, 2021

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, Germany, Taxes

Following the debut last week of Germany’s new online gaming landscape and iGaming platform innovator Aspire Global Limited has announced the launch of its new BuyWin tool for operators that are looking to targ...

New State Treaty on Gambling comes into force in Germany

Adam Morgan

July 2, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Online Poker, Economy/Finance, Poker, The Players Lounge, Online Gambling News, Sports betting, Germany, Licensing, Fines, Lawsuits & Litigation, Taxes

In Germany and the New State Treaty on Gambling (GluNeuRStV) reportedly came into force yesterday so as to revolutionize the local iGaming market by allowing licensed operators to legally offer a range of onlin...

Online sportsbetting pair backing Florida referendum campaign

Adam Morgan

June 29, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Florida, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Fines, Lawsuits & Litigation, Taxes

DraftKings Incorporated and FanDuel Group have reportedly thrown their substantial financial weight behind an effort that is attempting to bring legalized online sportsbetting to the southern American state of ...

German legislators approve new 5.3% iGaming turnover tax

Adam Morgan

June 24, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Germany, Fines, Lawsuits & Litigation, Taxes

In Germany and federal legislators have reportedly overwhelmingly approved the controversial iGaming tax rates contained within the country’s recently-ratified New State Treaty on Gambling. According to a re...

New Jersey online and retail sportsbooks chalk up surprising May figures

Adam Morgan

June 17, 2021

NBA, Latest Casino and Gambling News, Casino News, Gaming Industry News, Online Poker, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Taxes, New Jersey

Online and retail sportsbooks in New Jersey reportedly celebrated the end of the eastern state’s third year of legalized sportsbetting in May by posting aggregated handle of $814.3 million. According to a We...