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.
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.
Spain’s regulated online gaming market has reported a 5.4% year-on-year increase in gross gaming revenue for the third quarter of 2019, with the growth of online casino again supported by the recovery of the sports betting vertical.
Webis Holdings, the parent company of WatchandWager, has announced a loss of $930,000 (£718,820/€844,335) for the 12 months to 31 May 2019, after the loss of a large wagering syndicate led to a significant year-on-year decline in customer spending.
The gross gambling yield of the British gambling industry declined 0.3% year-on-year to £14.36bn in the year ending 31 March 2019, as remote gambling revenue fell 0.6% to £5.3bn despite higher stakes, according to new figures from the GB Gambling Commission.
The gambling industry in Spain produced €7.77bn in gross gaming revenue (GGR) in 2018 with the online sector rising 22.5% to bring in GGR of €812.0m, according to new figures published by the Dirección General de Ordenación del Juego (DGOJ), the country’s gambling regulator.