Daily news

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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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    New figures from the Swedish Tax Authority and gaming regulator Spelinspektionen suggest that net gaming revenue for Sweden’s land-based and online gaming market amounted to SEK6.0bn (£479.9m/€559.0m/$626.0m) in the first quarter of 2019.

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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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    Kenyan President Uhuru Kenyatta has signed a new law that will impose a tax of 35% of gross profit on all gambling activities in the country.

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    Kenyan MPs have approved a new 35% tax on gambling companies, in a move that represents a significant increase on the current rate of 7.5%.

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    The Danish igaming market is small but almost perfectly formed, with its business-friendly approach driving a high number of consumers to use licensed operators, the latest research from the iGaming Business Market Monitor reveals.

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    NetEnt has claimed victory in a legal case against the Swedish Tax Agency, after the Administrative Court of Appeal ruled in favour of the digital casino specialist and awarded it SEK 1.8 million (€193,800/$212,700) in compensation.

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