Archives
A Landmark Decision Reshapes Ukrainian Gambling
On July 14, the committees at the Verkhovna Rada voted in support of country-wide gambling right after the 248-95 success at second reading. Market Potential of Ukraine The beginning of a reliable and transparent regulated betting sector is the great news for the country. Ukraine showcases that now they are wide open for the business. […]
read more
New Zealand Online Gambling Activity Drops During COVID-19 Lockdown
Gambling enthusiasts around the world are finding it hard to gamble because of the lockdown. Many casinos are forced to close their operation as governments impose strict protocols for non-essential businesses. On the other hand, the online gambling industry has seen quite a surge in activities because of the pandemic. People have flocked these platforms […]
read more
Ukraine Legislation Green Lights Bill For Gambling Expansion
The 2285-D Bill was first introduced by Oleg Marusyak. In fact, it is one of the six reforms that were introduced into the Ukrainian Parliament since last year. The bill is backed by the Servant of the People Party, the party with significant backing from the government. The bill went through several controversial stages. The […]
read more
Seabird Centre Receives Support from National Lottery Heritage Fund
According to the CEO, a funding boost has supported their charity center. One of the renowned lottery associations, National Lottery Heritage Emergency Fund has donated 50,000 pounds in order to prevent the center from permanent closure. It was expected to raise 200,000 pounds but about half of the amount was already contributed to the donations […]
read more
Online Gaming and Sports Gambling Surge Despite COVID-19 Pandemic
At around this time, market experts are predicting that the gambling and gaming industry will accrue massive losses because of the pandemic. However, a recent study reveals that the online gaming and sports gambling industries have posted impressive growth despite of the scare of the COVID-19 pandemic. Experts believe that since people are locked down […]
read more
Iowa Casinos Find Economic Relief in Sports Betting Amidst Coronavirus Pandemic
A recent report from the Iowa Racing and Gaming Commission revealed that Iowans have placed about $368 million in bets for the fiscal year of 2020. All these bets were placed on the outcomes of various professional and collegiate sports. What is even more interesting about this recent report is that sports betting outdid online […]
read more
Spanish Minister Calls For A Complete Ban on La Liga Clubs Sponsorship
The act would be followed by a set of restrictions and also applied to the firms that sponsor cubs on youth apparel. Ban on Shirt Sponsorship and Gambling Advertising Alberto Garzón is the Minister of Consumer Affairs in Spain. He has proposed several measures and controls which will set strict regulations on betting firms along […]
read more
Cambodia’s Cabinet Agrees To Bring Casino Regulation
Why does the cabinet of Cambodia Pass Casino Law? In a press release, the Council of Ministers stated that this regulation would focus on promoting integrated commercial gambling that would aid in job creation as well as tourism promotion. Besides, it will be responsible to enhance the economic growth while increasing overall revenue generation. The […]
read more
Spain Online Gambling Revenue Surges
Many market experts believe that the surge in online gambling in the country can be attributed to the coronavirus lockdown. Spain is one of the hardest hit country during the early months of the pandemic. This caused the government to shut down non-essential industries and establishments, a decision that have severely hurt the traditional casino […]
read more
Expert Suggests New York Should Consider Online Sports Betting As Revenue Stream
A bond manager recently suggested that New York can capitalize on the recent surge of online gambling activities as a possible revenue stream for the city. The city’s coffers is in serious need of a top up, and experts believe that city officials should grab whatever opportunity they have in order to create revenue. Due […]
read more