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Online Casino Grows in Italy, Sports Betting Not Doing so Good

- February 12, 2019 By Riley Wilson -

The Italian sports betting industry didn’t start in 2019 in the right way, as the latest report reveals a drop in revenue. According to the country’s regulatory body, Agenzia della Dogane e dei Monopoli (ADM), sports betting revenue in Italy recorded €124.6 million in revenue in January, which represents a decrease of 17.2% when compared […] Continue Reading

Casino Operators in Portugal Report Revenue Rise in 2018

- January 15, 2019 By Riley Wilson -

Portugal’s gambling regulator Serviço de Regulação e Inspeção de Jogos (SRIJ) has recently published a report revealing that casinos operating in this country recorded more than €318 million in revenue during the last year. This figure represents an increase of 3.1% when compared to 2017. An Excellent Year The country’s market is still being dominated […] Continue Reading

Neteller Introduces Changes in Relation to Online Gambling Payment Transactions

Neteller informs users of new policy updates introduced as anti-money laundering prevention measures.

- January 8, 2019 By Oliver Young -

The online payment services provider Neteller has announced new changes in policy as part of their anti-money laundering mission, in relation to online gambling payment transactions. Neteller has managed to become one of the most widely-used payment methods for conducting online gambling transactions. All top rated online casinos offer Neteller and its sister company Skrill […] Continue Reading

Playtech Believes It Will Meet Its Annual Goals

- November 22, 2018 By Riley Wilson -

The Isle of Man-headquartered gambling software development company Playtech said earlier this month that it should meet its full-year goals in term of revenue. The main reason behind this optimistic statement is the fact that revenue from markets in Asia stabilised in the second half of the year. Estimates Are Positive If all goes as […] Continue Reading

NetEnt Reports Rise in Revenue During Q3 2018

- November 1, 2018 By Riley Wilson -

The leading developer of online gaming content NetEnt has announced its results for the third quarter of 2018, revealing an 11% increase in revenue. During the three-month period ended on September 30, NetEnt recorded revenue of €43.2 million, while the main factor behind this growth was the release of a number of new games, including […] Continue Reading

Ireland Set to Increase Gambling Tax

- October 9, 2018 By Riley Wilson -

According to numerous reports by media outlets in the Republic of Ireland, the Department of Finance is seriously considering an increase in the current gambling tax. The country’s finance minister Paschal Donohoe has already announced the current gambling tax, which is set at 1%, will be doubled. Doubling the Current Tax The long-awaited announcement will […] Continue Reading

Numbers Going Up in the Polish Market

- October 5, 2018 By Riley Wilson -

The Polish Ministry of Finance has published a report that cites sports betting as the main driving factor behind the growth in the local gambling market. According to available information, the regulated gambling market in Poland generated a turnover of $3.5 billion in the last year, which represents a solid year-on-year growth of 22%. At […] Continue Reading

Playtech Offloads Its Entire Plus500 Stake for $227M

- September 11, 2018 By Riley Wilson -

The Isle of Man-based online gaming development company Playtech has announced it has sold its entire holding of the ordinary share in the online trading platform Plus500. According to available information, $228 million earned from this transaction will be used by Playtech to refinance its existing debt. Selling All of its Shares The company later […] Continue Reading

Online Gambling in Spain Rises in Q2 2018; Poker Playing Drops

- August 29, 2018 By Oliver Young -

According to the latest figures issued by Spain’s DGOJ (Dirección General de Ordenación del Juego) this week, the online gambling market in the country is continuing its healthy growth in the second quarter of 2018. Reportedly, the online gambling industry has generated a total of €167.2 million during the second quarter of 2018 alone – […] Continue Reading

New Jersey Generates $40.6 Million in Sportsbetting Wagers in First Month

Atlantic City Casinos earn well from sportsbetting

- August 15, 2018 By Oliver Young -

In just more than a month since sportsbetting was officially green-lit on the territory of New Jersey, betting and casino operators have already managed to amass $40.6 million in wagers for the month of July. The numbers were revealed in an official report which outlined the money generated by some of the operators who already […] Continue Reading

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