Latvia Increases State Budget’s Gambling Tax Share

Latvia Increases State Budget’s Gambling Tax Share

by November 13, 2019

The Latvian Saeima, known to be the Baltic nation’s parliament, today approved a set of amendments to the Law on Lotteries and Gambling Fee and Tax that provide for significant changes in the way gambling tax money is split.Under the newly adopted provisions, the state budge ...

Japanese Government Announces Casino Regulator Member Nominees

Japanese Government Announces Casino Regulator Member Nominees

by November 13, 2019

The government of Japan today revealed its nomination for head of the future casino management board, the regulatory body that will be tasked with overseeing the nation’s nascent casino industry and its participants.Japanese lawmakers have chosen to nominate Michio Kitamura ...

Global Gaming Loses Another Appeal of Swedish License Revocation

Global Gaming Loses Another Appeal of Swedish License Revocation

by November 13, 2019

Global Gaming’s bad luck in Sweden continues as the company just lost another appeal of the revocation of its license in the Scandinavian country.The Swedish Gambling Authority, Spelinspektionen, revoked Global Gaming’s license this past June, or six months after Sweden reorg ...

Microgaming Offers Volcanic Slot Experience with Volatile Slot

Microgaming Offers Volcanic Slot Experience with Volatile Slot

by November 12, 2019

Online casino content provider Microgaming this week debuted the latest addition to its ever-growing portfolio of online slots – Volatile Slot.The game was developed exclusively for Microgaming as part of the provider’s recently penned content supply deal with indie gaming st ...

Sri Lanka Tightens Sports Betting Rules, Toughens Match Fixing Penalties

Sri Lanka Tightens Sports Betting Rules, Toughens Match Fixing Penalties

by November 12, 2019

Sri Lanka has outlawed sports betting and has criminalized match fixing as part of its efforts to stamp out corruption in cricket.Cricket is arguably Sri Lanka’s most popular sport. However, it has been plagued by graft scandals in the past few years. Due to multiple alleged ...

GVC Boss Slams Online Gambling Crackdown, Addresses Cowardice Accusations

GVC Boss Slams Online Gambling Crackdown, Addresses Cowardice Accusations

by November 12, 2019

GVC Holdings boss Kenny Alexander lashed out back at a UK parliamentary group that called him a coward after the executive did not appear before MPs as they sought evidence on whether a new wave of gambling restrictions should be unleashed upon the sector.Following a six-mon ...

MGM Seeks Joint Venture Partners for MGM Grand, Mandalay Bay Casino Resorts

MGM Seeks Joint Venture Partners for MGM Grand, Mandalay Bay Casino Resorts

by November 12, 2019

Casino operator MGM Resorts International and its real estate investment trust MGM Growth Properties LLC are reportedly seeking an investor to form a joint venture that would own the company’s MGM Grand and Mandalay Bay casino resorts in Las Vegas.According to people familiar ...

PartnerMatrix to Boost Dafabet, Nextbet Gambler Acquisition Efforts

PartnerMatrix to Boost Dafabet, Nextbet Gambler Acquisition Efforts

by November 11, 2019

Provider of solutions for the global gambling industry EveryMatrix announced today a new partnership with AsianLogic, the operator of major sports betting brands Dafabet and Nextbet.Under the terms of the recently penned agreement, EveryMatrix will deliver its PartnerMatrix ...

DraftKings Exec Confirms the Company Is Exploring a “Bunch” of Options to Go Public

DraftKings Exec Confirms the Company Is Exploring a “Bunch” of Options to Go Public

by November 11, 2019

A DraftKings executive has confirmed that the sports betting and daily fantasy sports operator is exploring ways to go public and that becoming a public company had been something its management had discussed a long time ago.During an event in Manhattan on Thursday, Ezra Kuc ...

Ohio On Track to Legalize Sports Betting by Next Spring

Ohio On Track to Legalize Sports Betting by Next Spring

by November 11, 2019

Ohio is running behind other states in legalizing and regulating sports betting, but some lawmakers believe that a bill on the matter would be passed and signed by Gov. Mike DeWine by the end of the legislative session next spring.In other states where athletic gambling has ...

Illegal Australia-Facing Gambling Websites to Be Blocked in Renewed Witch Hunt

Illegal Australia-Facing Gambling Websites to Be Blocked in Renewed Witch Hunt

by November 11, 2019

A new wave of crackdown is set to be unleashed upon online casino operators targeting Australian customers, local news outlets report.Starting today, unauthorized Australia-facing casino websites will be blocked by local Internet service providers to be prevented from servic ...

Illinois to Open Sports Betting License Application Window in December

Illinois to Open Sports Betting License Application Window in December

by November 10, 2019

The Illinois Gaming Board will begin accepting sports betting applications from interested operators in December, the regulator revealed during a Thursday meeting.The opening of the license application window will mark the first major step toward bringing athletic wagering to ...

Morrisons Boss to Take Flutter Chair Amid Gambling Giant’s Stellar Merger

Morrisons Boss to Take Flutter Chair Amid Gambling Giant’s Stellar Merger

by November 10, 2019

Gambling operator Flutter Entertainment is reportedly considering replacing its current chairman with Andrew Higginson, who currently chairs the board of supermarket group Morrisons.Flutter is in the middle of a £11 billion takeover of rival gambling powerhouse The Stars Gro ...

Illinois Gaming Board OKs Rivers Casino’s Relocation on Dry Land

Illinois Gaming Board OKs Rivers Casino’s Relocation on Dry Land

by November 9, 2019

Rivers Casino Des Plaines this week became Illinois’ first casino to be allowed to move onto dry land under the state’s recently updated gambling law.With annual gross gambling revenue of more than $440 million, Rivers Casino is the state’s highest grossing casino. The prope ...

DraftKings Leads in Exploding Indiana Sports Betting Market

DraftKings Leads in Exploding Indiana Sports Betting Market

by November 9, 2019

Just as expected, Indiana’s sports betting market exploded after the launch of mobile wagering in early October, according to numbers released by the state Gaming Commission on Friday.The state’s retail and digital sportsbooks handled $91.7 million in bets in October, up sig ...