ACMA Will Ban Illegal Gambling Sites Foreign Jurisdictions

ACMA Will Ban Illegal Gambling Sites Foreign Jurisdictions

The Australian Communications and Media Authority (ACMA) announced today that it would ban illegal gambling sites operating from foreign jurisdictions. The communications watchdog has warned Australian citizens to withdraw funds from these sites before they are blocked. Watchdog takes strict action The communications regulator will ask the internet service providers to block a slew of … Read moreACMA Will Ban Illegal Gambling Sites Foreign Jurisdictions

SportPesa and Betin Sportsbooks May Return to Kenyan Markets

SportPesa and Betin Sportsbooks May Return to Kenyan Markets

Kenyan sportsbook operators SportPesa and Betin are one step away from resuming their operations in the country. The Kenyan Tax Appeals Tribunal recently ruled against a government measure to introduce a tax on users’ winnings. Long battles could come to an end After a long fight in the Tribunal, SportPesa and Betin finally received a favorable … Read moreSportPesa and Betin Sportsbooks May Return to Kenyan Markets

Leading LoL eSports Players won $7.3 Million in November 2019

LoL championship

According to GoldenCasinoNews.com, the most successful League of Legends (LoL) eSports players won $7.3 million in total as of November 2019. Lee Sang-hyeok, an LoL player from South Korea, ranked first on the leading LOL players worldwide list. By Statista estimates, a 23-year old player, also known as Faker, earned over $1.2 million during his … Read moreLeading LoL eSports Players won $7.3 Million in November 2019

Macau Gaming Regulator Optimistic About a Recovery

Macau Gaming Regulator Optimistic About a Recovery

The director of Macau’s gaming regulator DICJ Paulo Martins Chan is cautiously optimistic that the market will bounce back from its current woes. He made these comments on the sidelines of the three-day trade event MGS Entertainment Show 2019 at The Venetian Macao. His term as the director was expanded by one year last week. … Read moreMacau Gaming Regulator Optimistic About a Recovery

New Colombian Tax Regulation Could Cut Govt Gaming Revenue by Half

New Colombian Tax Regulation Could Cut Govt Gaming Revenue by Half

A new tax regulation in Colombia could slash the government’s gaming tax revenue by up to 50%. The impact of the tax cut will be felt mostly in slot machines, virtual sports, horse racing, and bingo. Coljuegos lays out the plan According to the national gaming industry regulator Coljuegos, the collection for gaming tax could … Read moreNew Colombian Tax Regulation Could Cut Govt Gaming Revenue by Half

Frequent Esports Viewers to Reach 300 Million by 2022

According to GoldenCasinoNews.com, the number of frequent eSports viewers worldwide is expected to reach almost 300 million by 2022. An additional 347 million people are forecast to become occasional eSports Tournaments viewers in the following years, making the total number of viewers more than 640 million globally. The growing trend of eSports tournaments viewers in … Read moreFrequent Esports Viewers to Reach 300 Million by 2022

PayPal’s Crackdown Hurts LeoVegas’ Germany Revenue

PayPal’s Crackdown Hurts LeoVegas’ Germany Revenue

After PayPal stopped accepting online casino payments in Germany, gambling operator LeoVegas is expecting a 20% to 30% dip in its local revenue. German authorities order the action German authorities ordered the digital wallet platform PayPal to stop providing services to some industries, including gambling. In August, PayPal confirmed that it would follow the orders … Read morePayPal’s Crackdown Hurts LeoVegas’ Germany Revenue

Sports Betting Companies Can Apply for an Illinois License in December

Sports Betting Companies Can Apply for an Illinois License in December

The Illinois Gaming Board announced recently that it would start accepting licensing applications from sports betting operators in December. The board decided it after a meeting on Thursday. A good step towards legalization Opening licensing applications in the state is the first big step towards sports betting legalization in Illinois. To date, 19 US states … Read moreSports Betting Companies Can Apply for an Illinois License in December

Iowa Online Sports Betting Revenue Increased 500% Since August

According to data provided by GoldenCasinoNews.com, Iowa state’s online sports betting revenue increased by over 500% in three months after launching in August this year. This is a clear sign that the industry has space to grow and expand if clear regulations are set in place. Iowa Online Sports Betting Revenue Surges Our research, which … Read moreIowa Online Sports Betting Revenue Increased 500% Since August

Betway Will Join Online Gambling Body in Sweden

Betway Will Join Online Gambling Body in Sweden

Prominent gambling operator Betway has planned to become a member of the Swedish online gaming trade association Branschföreningen för Onlinespel (BOS). The company holds an online casino and sports betting license in the country. It started operating in the Swedish market this year. What motivated the move? Despite being a new entrant in the Swedish … Read moreBetway Will Join Online Gambling Body in Sweden