Daily news

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    The GB Gambling Commission has reminded operators that its ban on the use of credit cards for gambling extends to payments made through ewallets and other money service businesses (MSB). 

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    The Betting and Gaming Council (BGC) has called on the Welsh government to extend the Business Rates Retail Discount to include betting shops, bingo halls and casinos in order to help protect industry jobs in the country.

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    Banking services provider Revolut said it will no longer allow its cards to be fund online or offline gambling payments in the UK following the introduction of the online credit card betting ban.

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    The GB Gambling Commission's ban on using credit cards to fund gambling has come into effect today (14 April), with the regulator hailing its implementation as particularly timely as a result of the coronavirus (Covid-19) lockdown.

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    The UK’s Competition and Markets Authority (CMA) has given its approval to the proposed mega-merger between Flutter Entertainment, the parent company of Paddy Power Betfair, and Sky Bet operator The Stars Group.

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    Gambling industry association the Betting and Gaming Council (BGC) has praised the UK government after it was confirmed that gambling companies will qualify for the business rates holiday designed to mitigate the shut-down enforced by novel coronavirus (Covid-19).

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    The Betting and Gaming Council (BGC) has urged the UK Chancellor to provide emergency help to save thousands of jobs across the gambling industry, after fresh concerns were raised over the impact of the novel coronavirus disease (Covid-19) on the sector.

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    The Gambling Commission of Great Britain has published a list of projects and organisations it has been able support during the past 12 months using funds collected from regulatory settlements.

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    Problem gambling funding body GambleAware has revealed that GVC Holdings pledged to donate the most money in the nine months to 31 December 2019, despite not adding to the amount it committed to in the first half of the year.

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    The GB Gambling Commission has announced that it will introduce a ban on the use of credit cards for all forms of online and land-based gambling from 14 April.

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    The Irish Government has confirmed in its 2020 Budget that bookmakers in the Republic of Ireland will receive a relief of up to €50,000 from the 2% turnover tax levied on betting in the country.

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    The Tasmanian Government has announced that it will introduce a new Point of Consumption (PoC) tax on wagering from 1 January, 2020, but Responsible Wagering Australia has criticised the move saying it could harm the racing industry in the Australian state.

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    The UK’s Competition and Markets Authority (CMA) has given its approval to Inspired Entertainment’s proposed acquisition of Gaming Technology Group (GTG), a division of Austrian gaming equipment and solutions giant Novomatic’s UK subsidiary.

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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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    Australian operator Tabcorp has rejected claims by Racing Queensland that its UBET subsidiary was not entitled to withhold AU$11m (£6.2m/€6.9m/US$7.7m) in response to a new point of consumption tax in the state.

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    The Oregon Lottery has revealed that it expects to generate $141.2m in revenue over the first three years following the launch of its SBTech-powered retail and mobile sportsbook. 

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    The Gaming and Lotteries (Amendment) Bill 2019, Ireland’s placeholder legislation for the country’s betting and gaming sector, has progressed to the committee stage in the Dáil Éireann. Meanwhile Minister for Finance Paschal Donohoe has confirmed that work on an alternative tax system for independent bookmakers to replace the 2% turnover tax is ongoing.

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    Five of the UK’s leading sports betting operators have voluntarily agreed to increase funding for problem gambling treatment and safer gambling.

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    Land-based and online betting and gaming operator Betfred has posted a loss of £40.7m for its financial year ended September 30, 2018.

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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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