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UK – Rumour of £2 stake for FOBTs sends shares plummeting

Shares in British bookmakers have slumped following media reports speculating that the Secretary of State favours a maximum FOBT stake of £2 as the outcome of the triennial review consultation. William Hill fell 11.6 per cent whilst Ladbrokes Coral dropped by 7.9 per cent on sheer mention of the rumour, which Patrick Coffey, an analyst...7 ...

Brazil – Brazil’s congress could green light gaming by the middle of 2018

The National Congress will be able to vote on gaming legislation in the first half of this year according to Rodrigo Maia the President of Brazil’s Chamber of Deputies. According to Maia, pictured, the two Houses of Parliament are now ...

UK – BACTA claims cost of FOBT legislation won’t be as high as feared

BACTA, the trade association representing the UK amusements sector, has suggested that the cost of a clampdown on fixed-odds betting terminals (FOBTs) is being exaggerated. Analysis from the Centre for Economics and Business Research (Cebr), ...

US – Louisiana task force recommends raft of new legislation

The Riverboat Economic Development and Gaming Task Force in Louisiana has recommended that the state’s 15 licensed ...

Argentina – Buenos Aires to end state subsidies for racetracks

The Minister of Economy for Buenos Aires, Hernán Lacunza, is planning to cut state subsidies that go to the four ...

Greece – Three island licences approved by Greek government

The Greek government has approved a 1,500-page bill that will allow three new licences to be launched on the Greek ...

Brazil – Anti-gaming seminar in Fortaleza aims to derail legislation

An anti gaming front made up of deputies, senators as well as other government officials have argued that legalised ...

Portugal – Portugal strengthens money-laundering regulations

Portugal has declared what it describes as a ‘genuine’ fight against money laundering and terrorist funding, which ...

Japan – The Japanese government is asking all the right questions

Japan’s tourism economy is about to undergo a massive shift, potentially introducing $10bn in integrated resorts, ...
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