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    The Czech Republic Ministry of Finance has defended its decision to introduce higher taxes on certain gambling activities, after a national newspaper claimed the increases would harm the country's land-based market.

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    GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.

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    Revenue from regulated gambling in the Czech Republic fell 21.3% in 2018 to CZK31.3bn (£1.1bn/€1.2bn/$1.4bn), with the decline down to a lower contribution from slot machines.

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    The Czech Republic’s Ministry of Finance has confirmed that it will increase the tax rate on certain gambling activities in the country from January 2020. Taxes will be split into three levels, according to how harmful the government perceives the activity to be.

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    Sweden’s newly regulated igaming market has generated total turnover of SEK3.29bn (£271.3m/€313.8m/$352.8m) in the first quarter of the year, with former horse racing monopoly AB Trav och Galopp (ATG) dominating the channel. Svenska Spel Sport & Casino and ATG accounted for 50% of online market turnover over the three month period.

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    Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.

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    Daub Alderney breached money laundering and protection rules

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    The UK Gambling Commission (UKGC) has revealed it issued more than £18m (€20.1m/$23.6m) in fines to gambling companies during the past financial year

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    The shadow of regulation is looming large over the UK’s remote gambling sector, according to the latest iGB Market Monitor, and the resulting uncertainty has the sector on edge.

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    The UK Gambling Commission (UKGC) has said in a new report that although gross gambling yield from remote betting, bingo and casino sources remains steady, it noted a decline in the number of land-based facilities in the national market.

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    UK Chancellor George Osborne has announced that operators licensed in the UK will be required to pay tax on ‘free bet’ offers for online casino and bingo games.

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    H2 Gambling Capital and iGaming Business are pleased to bring you the January 2016 iGaming Dashboard.

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    Italian authorities have announced that they are to introduce new tax rules for online sports betting operators in the country, confirming that companies will now pay a 22% tax on betting revenue.

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    Italian gambling regulatory body Agenzia delle Dogane e dei Monopoli (AAMS) has submitted a new package of gaming rules to the country’s government.

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    The High Court of England and Wales has ruled the UK’s point of consumption (POC) tax regime must be referred to the European Court of Justice (CJEU).

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    The UK Supreme Court has upheld an appeal by of HM Revenue & Customs (HMRC) in reclaiming previously-ruled overpaid taxes from gaming operator Rank Group.

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    This week the Diary reports on the bwin-SpringOwl fall out, Jon Stewart gives Adelson the Daily Show treatment, Gala Bingo's all a-flutter and Henry Birch starts his spell at Rank. 

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    Gala Coral could net up to £250m by selling its chain of 137 UK bingo halls with investor interest in the vertical picking up following the UK government’s

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    Nick Harding, chief executive officer of Praesepe, owner of the Beacon Bingo chain, has praised the UK government’s to halve the rate of duty on bingo in the country to 10%.

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    UK chancellor George Osborne has announced a number of new tax laws for the UK gambling industry in the government's Budget 2014.

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