Daily news

  • daily_news

    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.

  • daily_news

    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.

  • daily_news

    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.

  • daily_news

    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.

  • daily_news

    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. 

  • daily_news

    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.

  • daily_news

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

  • daily_news

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

  • daily_news

    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.

  • daily_news

    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.

  • daily_news

    France’s online gaming market reported year-on-year growth across all three legal verticals in 2018, with the sports betting vertical the standout performer. However ARJEL has suggested that with growth in other verticals still slow, a shift to a revenue-based tax regime may be key to safeguarding the industry in the long-term.

  • daily_news

    Payment covers gambling solutions giant's activities in Israel between 2008 and 2017, and follows civil tax audit conducted by Israeli tax authority

  • daily_news

    More than 70 MPs are calling for changes to be implemented earlier

  • daily_news

    Changes in FOBT regulations will also be delayed until October 2019

  • daily_news

    Operator has filed a formal complaint with the European Commission

  • daily_news

    Campaigners had been keen to lower the rate to 15%

  • daily_news

    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

  • daily_news

    Playtech has today (Friday) secured approval from Italian financial regulator Consob for its mandatory takeover offer for the remaining shares of Snaitech

  • daily_news

    The Australian Capital Territory (ACT) government has announced a new 15% point of consumption (POC) tax on gambling operators

  • daily_news

    Lottoland’s Australian business has put forward a profit-sharing proposal to news and lottery agents in the country as it seeks to combat a potential ban on lottery betting

Pages