Swedish Parliament to Reconsider Gambling Tax Rate
Swedish parliament considers lowering the gambling tax to boost channelisation rates and retain players in the licensed market.
Georgia’s New Tax Regime for Online Gambling
Georgia introduces favorable tax rates for online gambling to attract international operators targeting foreign markets.
Pennsylvania Reports Record $5.89 Billion in Gaming Revenue
Pennsylvania's gaming revenue hits $5.89 billion for FY2024, showing growth in casino, iGaming, and sports betting.
EveryMatrix Makes €18.5M Public Offer for Fantasma Games
EveryMatrix makes a €18.5M public offer for Fantasma Games to expand its games portfolio and strengthen its iGaming division.
Dutch Government Confirms Two-Phase Gambling Tax Hike
The Netherlands confirms a gambling tax hike in two phases, starting in 2025, affecting operators and the wider industry.
FDJ Accelerates Kindred Acquisition Deadline to 2 October 2024
FDJ brings forward the Kindred acquisition deadline to 2 October 2024 following final regulatory approval.
ANJL Defends Brazilian Bettors Against Reckless Spending
ANJL refutes claims that Brazilian bettors are sacrificing essentials for gambling, emphasizing commitment to safe practices.
Brazil Bank Chief Pushes for Credit Card Ban on Gambling
Febraban’s president calls for the early implementation of Brazil’s credit card gambling ban to protect consumers.
Flutter Acquires Snaitech for €2.3bn to Bolster European Presence
Flutter Entertainment acquires Snaitech from Playtech for €2.3bn, enhancing its European market position and strategic expansion.
PAGCOR to Reduce Fees to Boost Gaming Industry
PAGCOR plans to cut license fees for land-based casinos and integrated resorts to attract investors and curb illegal gambling.
India keeps 28% gambling turnover tax as revenues surge
India's GST Council decides to keep the 28% turnover tax on online gambling, casinos, and horse racing as tax revenue soars.
Entain Exceeds H2 Expectations Ahead of Investor Meetings
Entain reports strong H2 performance with online net gaming revenue exceeding expectations ahead of investor meetings.
Holland Casino Unions Oppose Proposed Gambling Tax Hike
Dutch unions oppose the proposed gambling tax hike to 37.8%, fearing severe financial pressure on Holland Casino.
Svenska Spel Reports 93% Revenue from Low-Risk Gambling
Svenska Spel reveals 93% of Q2 revenue from low-risk gambling, highlighting its commitment to responsible gaming.
Denmark's July GGR Rises 2.6%
Denmark's gambling GGR up 2.6% in July, driven by online casino growth while land-based casinos continue to struggle.
Survey Reveals Financial Impact of Gambling in Brazil
New survey highlights gambling’s financial impact on Brazilians as the country gears up for regulated online gambling.
Colombia Credits Online Gambling for Boosting Q2 GDP Growth
Colombia's online gambling sector contributes significantly to a 2.1% GDP growth in Q2, with a revenue of COP10bn.
PAGCOR Announces Q2 Gaming Revenue Surge to $1.56 Billion Despite Market Shifts
PAGCOR reports a 32.3% increase in Q2 gaming revenue, reaching $1.56 billion, amid the ongoing POGO ban in the Philippines.
German Gambling Revenue Rises Amid Black Market Challenges
German gambling revenue grows by 2%, but black market still accounts for 4%, according to GGL's annual report.
Lithuania Increases Gambling Tax by 2%
Lithuanian parliament approves a 2% increase in gambling tax from 2025 to compensate for lost media revenue from gambling ads.
Svenska Spel Reports "Healthy" Gambling Revenue for Greater Transparency
Svenska Spel will report "healthy" gambling revenue from players with lower risk behaviors, aiming to set new industry standards.
Dutch iGaming Operators Alarmed by 37.8% Gambling Tax Proposal
Dutch Online Gambling Association expresses grave concerns over potential gambling tax hike to 37.8%, fearing market viability risks.
UK Online Gambling Revenue Grows 5% in Q4
UK Gambling Commission's Q4 report shows a 5% increase in online gambling yield with significant growth in real event betting & online slots.
Pennsylvania Bans Credit Card Use in Gambling
Pennsylvania introduces Senate Bill 1159, aiming to ban credit card use for gambling to enhance consumer protections and curb addiction.