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Philippines first-quarter gaming income hurt by coronavirus closures

April 28, 2020

Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino closures, Economy/Finance, Taxation, Online Gambling News, Taxes, Philippines

In the Philippines and the closure of casinos due to the coronavirus pandemic reportedly helped to push aggregated first-quarter net income for the nation’s gaming regulator down by almost 50% year-on-year to j...

PAF celebrates success of lowered maximum loss limit

Adam Morgan

April 20, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Finland, Online Gambling News, Taxes

Highlighting its responsible gambling credentials and Finnish iGaming operator Alands Penningautomatforening (PAF) has reportedly detailed a large comparable drop in the revenues it made last year from those wh...

Pennsylvania sportsbetting industry hurt by coronavirus shutdown

Adam Morgan

April 17, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Taxes, Pennsylvania

The coronavirus pandemic reportedly cost land-based bookmakers in Pennsylvania at least $220 million in lost revenues last month as sports leagues shut up shop and bettors turned to online alternatives. This...

BGC calls for government support to help weather coronavirus slump

Adam Morgan

March 17, 2020

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Horse Racing, Sports betting, Taxation, Online Gambling News, Taxes, United Kingdom

In the United Kingdom and The Betting and Gaming Council (BGC) trade group has released a statement asking the government to implement a range of measures to help it members weather a recent downturn in busines...

The Daily Fantasy Football Company has its Malta licence cancelled

Adam Morgan

February 11, 2020

Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, The Players Lounge, Online Gambling News, Sports betting, Fantasy Sports, Licensing, Taxes, Malta

The gambling regulator for Malta has announced that it has cancelled the business-to-consumer license of iGaming operator The Daily Fantasy Football Company Limited for multiple breaches of its regulations. ...

Sportsbetting legalization takes a step forward in Kentucky

Adam Morgan

January 16, 2020

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Poker, Poker, Sports betting, Online Gambling News, Fantasy Sports, Licensing, Taxes, Kentucky

A committee of the Kentucky House of Representatives reportedly passed proposed legislation yesterday that could soon see the southern state become the latest to legalize sportsbetting, fantasy sports contests ...

Michigan legalizes online casino and sportsbetting

Adam Morgan

December 30, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Licenses, The Players Lounge, Online Gambling News, Taxation, Sports betting, Licensing, Taxes, Michigan

In Michigan and Governor Gretchen Whitmer has reportedly given iGaming afficionados the perfect Christmas gift by putting her signature to a wide-ranging piece of legislation that has seen the Midwestern state ...

Dutch gaming regulator issued record-setting annual fines

Adam Morgan

December 30, 2019

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

In the Netherlands and the past twelve months have reportedly seen the nation’s Kansspelautoriteit gaming regulator issue fines against online casino and sportsbetting firms totalling some €3.5 million ($3.9 mi...

Philippines arrests hundreds of suspected illegal iGaming workers

Adam Morgan

December 28, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Unlicensed Operation, Online Gambling News, Crime, Licensing, Taxes, Philippines

Hundreds of Chinese nationals were reportedly arrested by law enforcement officials in the Philippines last week as part of that nation’s continuing crackdown against unlicensed online gaming businesses. Acc...

Atlantic City calling for a change in the allocation of sportsbetting taxes

Adam Morgan

December 10, 2019

Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Taxes, New Jersey

In New Jersey and the City Council for Atlantic City has reportedly thrown its weight behind a call for the seaside community to receive a larger percentage of the state taxes its casinos pay on their sportsbet...

Makati City initiates POGO license moratorium

Adam Morgan

December 9, 2019

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Online Gambling News, Licensing, Taxes, Philippines

In the Philippines and officials in Makati City have reportedly instituted a moratorium on the issuing of new online casino licenses due to concerns over rising criminality and the availability of office space....

SportPesa to reconsider options in Kenyan sportsbetting market

Adam Morgan

November 12, 2019

Kenya, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Licensing, Fines, Lawsuits & Litigation, Taxes

British online sportsbook operator SportPesa has reportedly announced that it is to reconsider its options in Kenya after a local appeals court ruled against a government policy that had instituted a 20% tax on...

Michigan lawmakers pass sportsbetting and online gambling measures

Adam Morgan

November 1, 2019

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

The Michigan House of Representatives reportedly passed a series of measures on Wednesday that could eventually lead to the state becoming the latest to legalize a full range of sportsbetting, fantasy sports an...

September success for New Jersey’s sportsbetting market

Adam Morgan

October 16, 2019

Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Sports betting, Taxation, Taxes, New Jersey

Online and land-based sportsbooks in New Jersey saw their aggregated handle for September increase by 142% year-on-year to hit $445.6 million while the sector’s comparable combined revenues for the 30-day perio...

Tasmania planning to introduce 15% point-of-consumption gaming tax

Adam Morgan

October 11, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Economy/Finance, Horse Racing, Online Gambling News, Taxation, Sports betting, Taxes

In Australia and the small southern state of Tasmania is reportedly set to introduce a 15% point-of-consumption tax on all net gaming revenues in hopes of bringing in about $3.4 million every year to help run a...

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PAF celebrates success of lowered maximum loss limit

Pennsylvania sportsbetting industry hurt by coronavirus shutdown

BGC calls for government support to help weather coronavirus slump

The Daily Fantasy Football Company has its Malta licence cancelled

Sportsbetting legalization takes a step forward in Kentucky

Michigan legalizes online casino and sportsbetting

Dutch gaming regulator issued record-setting annual fines

Philippines arrests hundreds of suspected illegal iGaming workers

Atlantic City calling for a change in the allocation of sportsbetting taxes

Makati City initiates POGO license moratorium

SportPesa to reconsider options in Kenyan sportsbetting market

Michigan lawmakers pass sportsbetting and online gambling measures

September success for New Jersey’s sportsbetting market

Tasmania planning to introduce 15% point-of-consumption gaming tax

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