Articles

webadmin

Unregulated iGaming operators blocked in Poland, Slovakia and Czech Republic.

Czech Republic.- European authorities have announced major crackdown on illegal gaming operations as unlicensed platforms have been blocked in Poland, Slovakia and Czech Republic. Under recently approved regulations, three administrations decided to introduce ISP blocking to end unauthorised gaming operations. Although ISP blocking has been criticised by internet, the European governments are reinforcing the legal…

View details
Cyprus to boost tourism via gaming

Cyprus is experiencing nothing short of a tourism revolution. And, the gaming industry is leading it. Casinos have become one of the island’s major providers as a part of the new tourism strategy which aims to double visitor arrivals, triple its revenue and attract over €20bn of investment by 2030. The hospitality sector is undergoing…

View details
Australian legislation to limit iGaming services

Australia has proposed a new regulation to limit iGaming services. Legislation would prohibit financial credits for local players at online gaming platforms, which include casino and sports betting sites. The amendment has already been presented in Parliament and it expected to be approved later today. The new bill would handle local operations as well as…

View details
Portugal sees 18 percent drop in Q2 igaming revenue

The Portuguese regulator has released figures on the country’s total online gambling revenue indicating an 18 percent decrease in the second quarter, compared to the first of this year. The Serviço de Regulação e Inspeção de Jogos (SRIJ) also showed gross revenue from April to June totaled E25.4m – a significant fall from E31.4m in…

View details
Giant Amaya rebrands to The Stars Group

Amaya, headquartered in Canada, with offices also in Malta, announced this week that it has completed its planned re-branding from Amaya to The Stars Group. In addition, its headquarters in Montreal will be relocated to Toronto. The company also revealed its updated corporate logo and launched a new site to mark this launch. This includes…

View details
Kenya betting tax hike

The majority of Kenyans are opposed to a planned increase in tax on gross profit from gambling activities the country. In June, Kenyan President Uhuru Kenyatta signed into law a new tax rate of 35%. Bookmakers were previously subject to a 7.5% rate, while lotteries were taxed at 5%, casino gambling at 12% and competitions such…

View details
Licence Suspended for Star World Limited

The Malta Gaming Authority (hereinafter the ‘Authority’) is hereby notifying that Star World Limited, remote gaming licence MGA/CL1/1020/2014, has been suspended as of 31st July, 2017. Star World Limited has thus been directed to indefinitely suspend all gaming operations, cease to register new players, suspend all transactions on all websites, including deposits and withdrawals, and…

View details