2301 stories by Erik Gibbs
Romania’s 40 Percent Tax on Gambling Withdrawals May Benefit Black Market
Romania plans on implementing a 40% tax on online gambling withdrawals consumers make. The decision, according to an industry trade group, will have dire consequences for the gambling market, as well as the country. The imposition of a 40% tax on withdrawals...
Genius Sports Adds New Intelligence Software to Combat Match-Fixing in Sports
Genius Sports is bringing in Clue, a global intelligence and investigations software provider, to introduce a more robust match-fixing detection system. On Tuesday, Clue and Genius Sports announced their new integrity platform for the international sports community. Genius, which offers its integrity...
Germany’s New Online Gambling Regulator to Cut off Payments to Unlicensed Sites
Germany's new gambling regulator isn't officially in place yet, but it isn't waiting until it's given the keys to the city to take over. Glücksspielbehörde (the Joint Gaming Authority, or GGL, for its German acronym) is going to block IP address and...
Spain’s Gambling Reform Advances as House Committee Greenlights Amendments
Reforms to Spain's gambling laws are finding support from lawmakers. This past Monday, a Congress of Deputies committee approved a bill that opens the door to new gambling regulations. With 22 votes in favor, none against, and 14 abstentions, the Health and...
UK Gambling Commission to Change How It Oversees Gambling Operators
For years, the UK Gambling Commission (UKGC) has used dedicated account managers for operators. This will no longer be the case, with the gambling regulator announcing changes to its regime. The UKGC no longer wants operators to contact a single individual as...
UK Lottery Sales Drop as Consumers Look For Ways to Reduce Expenses
Across the globe, lottery products are always among the top choices for consumers. However, with major changes to its economy, the UK is seeing more people give up on the chance to hit it big. Camelot, the UK's National Lottery operator, has...
Brit Who Stole $55K in Cancer Fraud to Go Gambling to Repay Only $6
Under the guise of suffering from ovarian cancer, a woman from the UK bilked over 700 people out of money that she spent gambling. She received around £45,000 (US$55,000), but will only have to repay £5 ($6.10). Nicole Elkabbas pretended she had...
Brazil’s Gambling Legislation to Take Center Stage in the Chamber of Deputies
Brazil's Senate may not be willing to advance gambling legalization. But the Chamber of Deputies isn't going to let that stand in the way. Instead, it will launch a new discussion on the subject beginning Wednesday. The Regulatory Framework of Gambling isn't...
UK Gamblers Ready to Switch to Illegal Sites Because of Upcoming Restrictions
The idea that an overly restrictive legal gambling market would lead to an increase in illegal activity isn't new. This doesn't stop countries like the UK from going too far. But a new YouGov survey confirms the suspicions. A certain sector of...
Sportradar Launches All-Inclusive Sports Betting Product for Operators
Getting started as an operator in an industry, especially one as convoluted as sports betting, is a challenge. Sportradar is now offering a new service for sports betting operators that addresses those challenges and makes onboarding easier. Sportradar announced Monday that it...
