GAMBLING 4/35

Oct 223 min read

Italy's New Online Gambling Regulations Set to Challenge Operators and Players, Warns DailySpin CEO

Operators face significant challenges as Italy prepares to introduce sweeping changes to its online gambling regulations, predicts Eric...

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Entain Reports Strong Q3 Growth but Warns of Potential UK Tax Increase Impact

Flexi Group

Oct 224 min read

Entain Reports Strong Q3 Growth but Warns of Potential UK Tax Increase Impact

Entain has announced that its performance in the third quarter of 2024 exceeded expectations, with online net gaming revenue (NGR)...

851 views0 comments

Entain Prepares for Slower Growth in Brazil as Regulated Market Launches in 2025

Flexi Group

Oct 213 min read

Entain Prepares for Slower Growth in Brazil as Regulated Market Launches in 2025

Entain anticipates that its rapid growth in Brazil will moderate once the country’s legal sports betting and igaming market goes live in...

297 views0 comments

UK Labour Government Considering Doubling Taxes on ‘Higher Harm’ Gambling Products

Flexi Group

Oct 182 min read

UK Labour Government Considering Doubling Taxes on ‘Higher Harm’ Gambling Products

The UK’s Labour Government is exploring the possibility of doubling tax rates on gambling products deemed "higher harm," including online...

1,030 views0 comments

Macau’s VIP Segment Contributes 24% to 3Q24 Gross Gaming Revenue: Regulator Reports

Flexi Group

Oct 172 min read

Macau’s VIP Segment Contributes 24% to 3Q24 Gross Gaming Revenue: Regulator Reports

Macau’s VIP baccarat revenue for the third quarter of 2024 reached nearly MOP13.08 billion ($1.64 billion), representing 23.5 percent of...

439 views0 comments

Flutter Entertainment CEO Peter Jackson Addresses Speculation on £3bn UK Gambling Tax Proposal

Flexi Group

Oct 162 min read

Flutter Entertainment CEO Peter Jackson Addresses Speculation on £3bn UK Gambling Tax Proposal

Flutter Entertainment CEO Peter Jackson has responded to recent speculation regarding a potential £3bn ($3.92bn) tax hike on the UK...

334 views0 comments

Africa Poised to Become the Next Major iGaming Market

Flexi Group

Oct 153 min read

Africa Poised to Become the Next Major iGaming Market

Every time a country or region eases its laws on sports betting and online casino gaming, the industry is quick to speculate about who...

369 views0 comments

Southeast Asia Faces Escalating Threat from Illegal Online Gambling and Cyber Fraud, Warns UN

Flexi Group

Oct 154 min read

Southeast Asia Faces Escalating Threat from Illegal Online Gambling and Cyber Fraud, Warns UN

Southeast Asia is witnessing a worrying surge in cyber-enabled fraud and organized crime, with illegal casinos and online gambling...

703 views0 comments

Wynn Resorts’ UAE Casino to Capitalize on Favorable Demographics and Tax Benefits

Flexi Group

Oct 142 min read

Wynn Resorts’ UAE Casino to Capitalize on Favorable Demographics and Tax Benefits

Wynn Resorts' upcoming integrated resort in the United Arab Emirates (UAE) is set to benefit from a combination of appealing demographics...

583 views0 comments

Brazil to Implement Payment Restrictions for Sports Betting and Online Gambling

Flexi Group

Oct 113 min read

Brazil to Implement Payment Restrictions for Sports Betting and Online Gambling

The Brazilian government, led by President Lula, is set to introduce new restrictions on payments for sports betting and online gambling,...

626 views0 comments

Panagiotis Trisokkas Appointed as New President of National Betting Authority

Flexi Group

Oct 112 min read

Panagiotis Trisokkas Appointed as New President of National Betting Authority

The Council of Ministers today announced the appointment of a new president and members to the Board of Directors of the National Betting...

558 views0 comments

South Africa Hits Record ZAR59.3bn in Gambling Revenue for 2023-24, Sports Betting Dominates

Flexi Group

Oct 102 min read

South Africa Hits Record ZAR59.3bn in Gambling Revenue for 2023-24, Sports Betting Dominates

South Africa’s gambling industry reached new heights in the 2023-24 financial year, with gross gambling revenue soaring to a record...

300 views0 comments

Kenya’s Booming Betting Industry: Growth, Challenges, and Future Prospects

Flexi Group

Oct 93 min read

Kenya’s Booming Betting Industry: Growth, Challenges, and Future Prospects

With over 100 licensed betting sites operating legally, Kenya has become one of the largest betting markets in Africa, attracting...

369 views0 comments

Cyprus Betting Sector Accounts for 3.72% of GDP, Finance Ministry Director Reveals at Safe Gaming Conference

Flexi Group

Oct 92 min read

Cyprus Betting Sector Accounts for 3.72% of GDP, Finance Ministry Director Reveals at Safe Gaming Conference

The betting industry in Cyprus now represents 3.72 per cent of the country's GDP, according to George Panteli, director general of the...

975 views0 comments

Massachusetts Gaming Regulators Advance Long-Awaited Data Collection Project on Problem Gambling

Flexi Group

Oct 83 min read

Massachusetts Gaming Regulators Advance Long-Awaited Data Collection Project on Problem Gambling

Massachusetts gaming regulators are finally making progress on a long-delayed data collection initiative addressing problem gambling....

328 views0 comments

Brazil's Supreme Court Schedules Public Hearing on Sports Betting and Online Gaming for November 2024

Flexi Group

Oct 82 min read

Brazil's Supreme Court Schedules Public Hearing on Sports Betting and Online Gaming for November 2024

Minister Luiz Fux of Brazil’s Supreme Federal Court (STF) has announced that a public hearing on sports betting and online gaming will...

794 views0 comments

Wynn Resorts Secures UAE’s First Casino Licence for Al Marjan Island Project

Flexi Group

Oct 72 min read

Wynn Resorts Secures UAE’s First Casino Licence for Al Marjan Island Project

Wynn Resorts made history in the United Arab Emirates on Friday, October 4, when the General Commercial Gaming Regulatory Authority...

576 views0 comments

Brazilian Institute of Responsible Gaming Urges Government to Rethink Pix Ban for Betting

Flexi Group

Oct 42 min read

Brazilian Institute of Responsible Gaming Urges Government to Rethink Pix Ban for Betting

The Brazilian Institute of Responsible Gaming (IBJR) has urged the government to reconsider its plan to ban the use of Pix, the popular...

901 views0 comments

Evolution Expands Presence in Atlantic Canada Through New Partnership with Atlantic Lottery

Flexi Group

Oct 32 min read

Evolution Expands Presence in Atlantic Canada Through New Partnership with Atlantic Lottery

Evolution has struck a new partnership with Atlantic Lottery, which will bring its gaming content to players in three Canadian provinces:...

237 views0 comments

Ireland’s Gambling Bill Nears Completion as Senators Debate Ad Ban

Flexi Group

Oct 22 min read

Ireland’s Gambling Bill Nears Completion as Senators Debate Ad Ban

Ireland's Gambling Regulation Bill 2022 is moving closer to becoming law, following a committee debate in the Irish Senate (Seanad...

289 views0 comments