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

William Hill Considers US Expansion, IGT Enters Mississippi Market

- August 8, 2018 By Oliver Young -

It seems that the US casino industry has been attracting lots of attention these past few days as big names have expressed plans to enter its market. Namely, the leading UK casino and sports betting operator William Hill has announced expansion in the US. IGT, a reputable game developer, on the other hand, has revealed […] Continue Reading

NetEnt Expected Better Results in Q2

- July 19, 2018 By Riley Wilson -

NetEnt, the renowned online software developer, has revealed the financial report for the second quarter of this year. The released numbers show the company’s total revenue for this period has increased by 5.9%. NetEnt managed to generate $49 million in revenue during Q2 2018, which is 5.83% more than during the corresponding period of 2017. […] Continue Reading

New Jersey Online Gambling Revenue Soaring

- June 18, 2018 By Oliver Young -

May has been an excellent month for the online gambling industry in New Jersey as the sector has scored its second-best results ever recorded in the Garden State. Namely, according to the report released by the New Jersey Division of Gaming Enforcement (NJDGE), the operators generated high revenue of $24.3 million during the last month. […] Continue Reading

Greek Budget Boosted by Legalization of Gambling

- May 22, 2018 By Riley Wilson -

In order to generate more money for the state coffers, the Greek government decided to legalize land-based gambling operations. Even though the legalization process was a bit slow, the results show the legalization did help to earn the much needed cash, especially through video lottery terminals. According to media reports, one of the biggest names […] Continue Reading

Supreme Court Decision Could Turn Out Profitable for Google and Facebook

- May 16, 2018 By Oliver Young -

This Monday the US sports betting industry was given a nice surprise as the Supreme Court announced its decision regarding the Professional and Amateur Sports Protection Act (PASPA). Namely, the Court has ruled the PASPA unconstitutional and therefore has paved the path for other US states to legalise this sector in the future. This latest […] Continue Reading

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