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Subic Bay Freeport Zone losing its remaining POGO license holders

November 2, 2020

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Licensing, Taxes, Philippines

The three remaining firms holding a Philippine Offshore Gaming Operator (POGO) license in the Subic Bay Freeport Zone are reportedly closing down due to the economic fallout associated with the ongoing coronavi...

Philippines iGaming operators considering Isle of Man move

Adam Morgan

October 12, 2020

Isle of man, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Asian Casino News, Sports betting, Licensing, Taxes, Philippines

Prominent professional services firm Affinity Group Limited has reportedly revealed that it has recently seen a spike in the number of Asia-facing iGaming providers expressing an interest in relocating from the...

Buenos Aires passes online gambling legalization legislation

Adam Morgan

September 28, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Argentina, Online gambling regulation, New online casinos, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Licensing, Taxes

In Argentina and the government for the giant city of Buenos Aires has reportedly passed legislation that will allow local land-based bingo, slot and casino operators to launch compatriot online services. Ac...

Revised tax rates for licensed Philippines iGaming operators

Adam Morgan

September 15, 2020

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

In the Philippines and President Rodrigo Duterte (pictured) has reportedly signed a piece of legislation into law that has been designed to more than double the amount of tax collected from domestic holders of ...

American daily fantasy sports firms receive alarming tax news

Adam Morgan

August 17, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Sports betting, Fantasy Sports, Taxes

In the United States and prominent daily fantasy sports operators FanDuel Group and DraftKings Incorporated could reportedly be in trouble after the Internal Revenue Service (IRS) ruled that such firms are to b...

National Revenue Agency put in charge of regulating Bulgarian gambling

Adam Morgan

August 13, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Bulgaria, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Tax Evasion, Sports betting, Crime, Licensing, Taxes

In Bulgaria and the National Revenue Agency tax bureau has reportedly been charged with regulating the country’s gambling industry after federal lawmakers enacted a measure to abolish the previous State Commiss...

British online gamblers could soon face a £100 monthly ‘soft cap’ on losses

Adam Morgan

August 5, 2020

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Technology, Economy/Finance, The Players Lounge, Online Gambling News, Licensing, Taxes, United Kingdom

In the United Kingdom and a prominent cross-party think-tank is reportedly set to recommend that the nation’s online gamblers not be allowed to lose more than £100 ($131) a month without first undergoing a stri...

American Gaming Association boss heralds legalized sportsbetting market

Adam Morgan

July 23, 2020

Washington D.C., U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Licensing, Taxes

In the United States and the Chief Executive Officer for the American Gaming Association, Bill Miller (pictured), used a special hearing in front of federal legislators yesterday to herald the importance of the...

HMRC expands investigation into GVC Holdings

Adam Morgan

July 22, 2020

Isle of man, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Taxes

In the United Kingdom and tax authorities have reportedly widened their ongoing investigation into retail and online sportsbook operator GVC Holdings allegedly regarding the activities of its former Turkish sub...

Kenyan legislators vote to abandon 20% sportsbetting turnover tax

Adam Morgan

June 25, 2020

Kenya, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Taxes

In Kenya and federal legislators have reportedly passed a measure that would eliminate the controversial 20% turnover tax local online sportsbetting operators have been required to pay since 2018. According ...

William Hill hoping to raise £200 million via a new share offer

Adam Morgan

June 17, 2020

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

In the United Kingdom and prominent high street bookmaker William Hill has reportedly launched a fundraising drive in hopes of bringing in approximately £200 million ($251 million) to better surmount the recent...

Philippines first-quarter gaming income hurt by coronavirus closures

Adam Morgan

April 28, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, 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, Finland, The Players Lounge, 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, Online Gambling News, Sports betting, 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

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

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Subic Bay Freeport Zone losing its remaining POGO license holders

Philippines iGaming operators considering Isle of Man move

Buenos Aires passes online gambling legalization legislation

Revised tax rates for licensed Philippines iGaming operators

American daily fantasy sports firms receive alarming tax news

National Revenue Agency put in charge of regulating Bulgarian gambling

American Gaming Association boss heralds legalized sportsbetting market

HMRC expands investigation into GVC Holdings

Kenyan legislators vote to abandon 20% sportsbetting turnover tax

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

Nolimit City Expands to Denmark and Introduces Outsourced: Payday Slot

Rei do Pitaco Joins Brazil’s Regulated Sports Betting Market

Rush Street Interactive Expands Board With Thomas Winter Appointment

Macau Projects MOP240B Casino Revenue for 2025 as Xi Jinping Calls for Diversification

Nevada Revokes Gaming License of Ex-MGM Executive Scott Sibella