France’s Senate has passed a budget bill for 2020, including an amendment to calculate gambling tax based on gross gaming revenue (GGR) rather than turnover. The budget amendments still require approval from the National Assembly before they can come into law.
Colombian gambling monopoly Coljuegos’ collections from online gambling licensees grew 106.3% for the year ending 31 October to COP65.97bn, as it took in a total of took in COP617.21bn from all licensees, a 15.5% increase.
Online gaming solutions provider River iGaming will focus more on B2B operations after the division performed ahead of expectations in the third quarter, but has sought advice on strategic alternatives for its B2C business after it fell short of targets.
Norway’s gambling regulator Lotteritilsynet has revealed that it will have greater power to block transactions to and from unlicensed operators in the country as a result of amendments to laws on payments.
Payments and know-your-customer (KYC) solutions provider iSignThis has lowered its earnings before interest and tax (EBIT) guidance for 2019 to AUD$6.5m (£3.4m/€4.0m/USD$4.4m) amid a dispute with the Australian Securities Exchange (ASX).