European Report Suggests Loot Box Monitoring Via Consumer Protection Legislation
It also suggests that loot boxes must treat the issue from an angle of consumer protection. Gambling Regulation on a Country to Country Basis The report highlighted loot boxes for online games and their impact on customers, especially for the young ones. The reports also present that national gambling authorities present different aspects for loot […]
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Understanding the UK’s Gambling Stats in 2020
With different ways and odds to add some excitement to a horse race, a sports game, or a game of cards, players can enjoy the thrill of winning for bragging rights and for money as well. There are many ways a gambler or player can wager to win. When most people think of betting, the […]
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Online Casino Gaming In Finland Imposes Loss Limit
Online gaming contributed a massive amount of tax revenue to countries with existing legislation on online gambling. The fast rise of online gambling in many countries has attracted a considerable number of gamblers. The industry created a new breed of gamblers that could place a massive amount of bets at any time. Many online casinos […]
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Finland Online Casino Gaming Imposes Loss Limit
The fast growth of the industry brought millions in gambling revenue for the state and potential risk for gamblers. Many gamblers avoid government-imposed gaming restrictions by joining in online gambling platforms that are out of reach of legislations. The coronavirus pandemic contributed to the increase of gamblers playing in online casinos. Government travel and business […]
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Duma to Overhaul Sports Betting Legislation
Under the revised law, it will focus on taxation that is placed on overseas betting events along with increasing financial obligations on the participants involved in an activity. The legislative body approved the bill in the second and third readings. Now, certain limits will be imposed on specific betting events. Upgradation in Russian Betting Laws […]
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Playtech Expands Existing Partnership With Europe’s Fortuna
Playtech has expanded its partnership with Fortuna, the leading gaming and sports betting operator in Central and Eastern Europe, to extend its influence in the Czech Republic. Going digital is the new trend in the gambling industry. The novel coronavirus boosted the influence of online gambling since people are trapped in their home with gadgets […]
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Bulgaria Makes Sweeping Changes With Gaming Laws and Regulations
The gambling regulator is at the center of a recent corruption and extortion scandal. Moreover, the regulating body is allegedly working with casino owner and suspected crime boss Vasil Bozkhov. With its regulator’s reputation in ruins, Bulgaria decided to dissolve it and lawmakers are looking to make new amendments into the country’s gambling laws. New […]
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Smarkets Receives Green Signal to Launch Betting Exchange In Swedish Markets
Smarkets is a London based company that is renowned for its prominent peer to peer platforms in terms of trading on sports, current affairs, and politics. Its broad sports portfolio is now available to the Swedish users at its official website, smarkets.com. Smarkets Expands its Betting Exchange Business Smarkets will be the second license holder […]
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The Legislature of Bulgaria Sanctions the Bill to Abolish Current Gambling Regulator
Last week, the Bulgarian National Assembly passed the amendments of second reading about the law on gambling. It aims to rebuild some resemblance of measures over the Bulgarian online as well as land-based casinos. Amendments in the Bill During Its First Reading The Bill 054-01-51 to supplement and amend the Gambling Act came into existence […]
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Boxing Champ Represents Grosvenor Casino, UK Casino Lockdown Drains Million In Revenue
Meanwhile, casinos in the UK are losing millions in revenue because of the prolonged lockdowns imposed by the government. The gambling industry in Europe is becoming livelier. More and more casinos are reopening as countries loosen strict restrictions imposed to prevent the spread of the novel coronavirus. Poker tournaments started resuming following the events hosted […]
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