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UK to Tax Casino & Bingo Free Bets from 2017

UK introduce bingo and casino free bet tax

- March 17, 2016 By Nemanja L. -

Online casino and bingo operators licensed in the UK will be obliged to pay tax on their free bet promotions from 2017, it has been revealed. Chancellor George Osborne presented the government’s new budget proposal on Wednesday, revealing the plan to impose a 15% general betting duty (GBD) tax on free bets and discounted wagers […] Continue Reading

Online Bookmakers in Russia Going Through a Rough Patch

- March 16, 2016 By Nemanja L. -

Russian online sports betting market has experienced all sorts of problems in 2015, with a majority of operators seeing a serious decline in operating profits. First Gaming gambling company has released a yearly report of the sports betting market in Russia and it is easy to see that leading gaming operators have been struggling to […] Continue Reading

Brazil a Step Closer Towards Regulating Online Gambling

- March 14, 2016 By Oliver Young -

Brazil is now a step closer towards online gambling regulation after the House of Representatives committee agreed on the amended version of the proposed gambling legalization in the country. Last week the Special Committee on National Development or the CEDN gave thumbs up to set of amendments the senators had proposed for the bill SB […] Continue Reading

Romania Secures Windfall from Online Gaming Back Tax

Romania sees great results from online gambling tax

- March 10, 2016 By Nemanja L. -

Recent reports are suggesting that Romanian government’s decision to ensure all remote operators who apply for a new license are obliged to pay back tax on total revenue made from Romanian players has seriously boosted the country’s economy in 2015. The Eastern European country long resisted temptation to create a regulated gambling market, but recent […] Continue Reading

GameAccount Network to Offer Simulated and Regulated Online Gaming at Borgata

Borgata Hotel Casino Spa

- February 22, 2016 By Oliver Young -

Online gambling developer and supplier of solutions, GameAccount Network PLC, announced that it is going to provide online simulated gaming at Borgata Hotel Casino & Spa in Atlantic City. Customers at Borgata can soon enjoy a new simulated experience at the facility. Under the inked agreement, GameAccount Network will also have the opportunity to operate […] Continue Reading

US Casino Gambling Expected to Reach $93 Billion by 2020

- January 27, 2016 By Oliver Young -

If Technavio’s research study’s results are to be believed, the casino gambling market in the US could reach amazing $93 billion in the next four years. Technavio is a UK based market research brand that holds offices in the States, Canada, China and India. A Technavio representative gave a statement regarding the company’s study. In […] Continue Reading

Dutch Legislators Want to Increase Online Gambling Tax to 29 Percent

- January 6, 2016 By Oliver Young -

A new tax plan has been recently introduced in the Netherlands which might sabotage the proposed plans to regulate online gambling in the country. Yesterday the local media reported that parliamentarians of the ruling party in the Netherlands had introduced certain changes to the Remote Gaming bill that would increase the tax of online gaming […] Continue Reading

Three Online Gambling Bills to Be Considered in California in January

- January 4, 2016 By Oliver Young -

While everybody is trying to get back on track after the festive holiday season, lawmakers in California are back to work and considering not one but three online gambling bills at an early January hearing. The Government Oversight Committee in California is going to consider three bills that propose the legalization of the online sport […] Continue Reading

Three Jailed in Monte Carlo Casino Roulette Scam

UK residents earn prison sentences for Roulette scam

- December 22, 2015 By Nemanja L. -

Three UK residents have received lengthy prison sentences for their involvement in the Roulette scam taking place in Casino de Monte-Carlo between April 2014 and June 2015. Monaco court slapped Sadjid Rashid and Qamar Hussain with 30-month jail time, whereas their accomplice Zahidul Haque Khan escaped with a 10-month sentence. The trio was found guilty […] Continue Reading

Online Gambling Bill Included in Pennsylvania Budget Plan

- December 9, 2015 By Oliver Young -

Earlier this week the House Appropriations Committee voted in favor to include a section for the legalization of online gambling in the state’s budget plan for next year. iGaming within the Pennsylvania borders is viewed as a source of revenue, therefore, it was included in the budget. According to media, under the proposed budget, a […] Continue Reading

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