Tag Archives: online
Ecuador – Government to tax online sports betting operators
The government of Ecuador has put forward a tax reform project that proposes creating a single tax on the income received by sports betting operators with legal residence in the country. The bill was put forward by Finance Minister Pablo Arosemena to the National Assembly and proposes a 15% tax on GGR on operators. In…
UK – Gambling Commission sanctions three online operators as part of enforcement drive
Three online gambling operators have been investigated by the Gambling Commission for social responsibility and money laundering failures as part of the Commission’s drive to raise standards through enforcement action. BGO Entertainment Limited, GAN PLC and NetBet Enterprises Limited were all subject to licence reviews following a number of failures which included not doing enough…
France – BetConstruct partners with Barrière to launch first online platform
BetConstruct has entered into a long-term partnership with the Barrière Group that will see the French group unveil its betting platform backed by BetConstruct’s technology on September 16. Leveraging BetConstruct’s technology and knowledge, Barrière will start its online betting operation as BarrièreBet, offering players sports betting, and later on horseracing as well as poker. Available…
Argentina – Land-based operators to run online gaming?
The government of the city of Buenos Aires is aiming to allow the Palermo Racecourse and the casino located in the port of Puerto Madero to offer online gambling, which will be launched before the end of the year. The newly launched online sites could generate $500m pesos in municipal taxes. The government collected $5.2bn…
Argentina – GiG signs head of terms agreement with Grupo Slots
Gaming Innovation Group has signed a head of terms agreement with Grupo Slots, the Argentine gaming and entertainment group, to enter the regulated city of Buenos Aires’ online gaming market. GiG will provide Grupo Slots with a full online turnkey solution, which includes the technical iGaming platform, sportsbook, front end development, data platform and GiG…
Germany – Rhineland-Palatinate campaigns for moderate market opening
The state of Rhineland-Palatinate in Western Germany is campaigning for a moderate market opening following its struggle to regulate online gambling. Current regulations apply until mid-2021 and it is expected the federal states should reach an agreement by 2020 for regulations beyond that. At present, there are a number of unregulated private providers with websites…
US – Pennsylvania creeps closer to online
In an 11th-hour vote the US Senate and the House of Representatives has passed Pennsylvania’s state spending bill. Throughout June the Pennsylvania House and Senate have been battling over a gaming reform package. Both sides are banking on the bill to help balance the US$32bn budget. The issues debated included fixing the local share tax issue;…
Germany – Lottoland applies for lottery licence in Germany
Lottoland has filed an application to organise its own lottery in several German federal states. The game/play principle for the proposal resembles that of the German lottery classic ‘Lotto 6aus49’ or the European multi-state lottery, Euro jackpot. With a revenue of €300m ($317.9m), Lottoland is one of the leading private online lottery operators in Europe…
UK – CMA launches investigation into online gambling
The UK’s Competition and Markets Authority (CMA) has launched an investigation into whether online gambling firms are treating customers fairly. The CMA is the UK’s primary competition and consumer authority. It is an independent non-ministerial government department with responsibility for carrying out investigations into mergers, markets and the regulated industries and enforcing competition and consumer law. The…