During the period from April 2016 to March 2017, the total profit from online gambling (GGR) was £4.7 billion (€5.35 billion/ $6,33 billion). According to the United Kingdom Gambling Commission (UKGC), this is 10% higher than the financial figure for a similar time line last year
December 06, 2017
The Governor of Pennsylvania Tom Wolf signed into law a bill legalizing the gambling activities. A week in advance, both branches of the legislative body of the State adopted the draft. Pennsylvania became the fourth region in the United States after New Jersey, Nevada and Delaware, to allow online gambling.
November 10, 2017
Kansspelautoriteit gambling authority stated that the Dutch gambling legislation could be changed in 2019
A new law on online gambling in the Netherlands is expected to enter into force on 1 January 2019. This was reported by Hank Kessler, the Chief Executive of the local gambling regulator - Kansspelautoriteit.
November 08, 2017
The Minister of Finance in the State of Saxony-Anhalt, André Schröder, made a statement calling the governments of 16 German states to ratify the Interstate Federal Treaty on Gambling. It is reported that the States of Germany are to formally adopt the Federal Treaty by 1 January of the following year. In the event if at least one of them does not undertake new provisions, they will not be able to operate within the territory of the entire state.
October 27, 2017
New Jersey's gaming regulator introduced new regulation for online casino and poker operators. It is reported that the regulatory policy to remain unchanged for gambling organizations, however, these recent updates may lead to some developments in the Internet gaming business.
October 02, 2017
According to European media resources, AAMS gaming regulator aims at issuing new licenses permitting online gambling in Italy starting from September 18. By September 25, AAMS is looking forward to finishing giving away permissions designed for 5 years of performance on the online gambling market (up to 2022).
September 18, 2017
The MGA (the Malta Gaming Authority) informed about the launch of a new licensee management system. The whole project is being executed in collaboration with the company Microsoft hosted in a separate section of the official webpage page of the MGA.
September 13, 2017
France and Spain reached an agreement in terms of the European convention for shared online poker liquidity
As reported previously, July 6, 2017, a convention for shared poker liquidity was signed in Rome between European regulated gambling markets (particularly between France, Italy, Spain and Portugal). Spain and France were the first have started adopt the convention.
August 10, 2017
It’s quite possible that special laws regulating online sports betting will appear in India during the next two years. According to The Indian Express, more likely than not, the Ministry of Sports will appeal to its opposite members in the UK, as well as will sign a corresponding memorandum of understanding.
August 08, 2017
On 12 July, the Malta Gaming Authority (MGA) published a list of updated gambling regulations adopted in accordance with the legislative reform. The new regulatory framework empowers the MGA to exercise a greater flexibility in decision-making and to redistribute control on jurisdictions in order to take full focus on areas of higher risk profile.
August 04, 2017
Ministry of Finance of the Russian Federation suggested revising the existing gambling laws, which would affect bookmakers. Consequential amendments to the Federal Laws - "On lotteries" and "On state regulation of the activities of the organization and conduct of gaming and amending some legislative acts of the Russian Federation" are pending.
August 04, 2017
The Ministry of Tax and Duties of the Republic of Belarus suggested adjusting an approach to gambling business taxation as the Deputy Minister for Taxes and Levies, Vladimir Mukvich, reported.
July 25, 2017
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