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Gambling, & Poker News
Gambling, & Poker News
Finland is taking a pivotal step in its gambling regulation by proposing a move away from its monopoly system towards a multi-licensing framework for online gambling. This shift aligns the country with other EU nations that have already adopted licensing…
Leading gaming and hotel company Wynn Resorts announced last week that it has struck a deal with the US Department of Justice (DOJ). Wynn Las Vegas, a subsidiary of the company, will forfeit $130 million as part of this agreement…
Groupe Partouche reported sales of €179.5 million for the three months ending July 31, which is 3.3% more than the €173.7 million recorded in Q2 and marginally over Q3 2023 levels. The operator witnessed some growth even though bad weather…
If 20 years ago, someone said sports betting would be possible with decentralized currency, only a handful of people would have believed it. Now, punters have dozens of online bookies that support cryptocurrency. Technology has played a significant part in…
The gambling Control (Amendment) Act of Singapore was recently enacted by parliament during a second reading and brings significant reforms to the gambling sector. The new rules emphasize cashless gambling and strict anti-money laundering procedures in an effort to modernize…
The gross gaming revenue (GGR) remittance rates for both online and brick-and-mortar betting activities have been lowered, according to a statement released by the Philippine Amusement and Gaming Corp (Pagcor). With effect from January 2025, this change aims to bring…
The Japan National Police Agency (NPA) intends to look into offshore gaming sites that target Japanese players in particular. These platforms frequently seem to be in accordance with laws from other jurisdictions, tricking users into thinking they are functioning lawfully…
Stephen Song, a 29-year-old poker pro from Greenwich, Connecticut, added another major win to his growing list of achievements by taking down the 2024 PokerStars European Poker Tour (EPT) Barcelona Main Event. The €5,300 buy-in no-limit hold’em tournament saw 1,975…
India’s Finance Minister Nirmala Sitharaman has addressed recent developments concerning the country’s gambling tax increase, introduced in October 2023. The tax hike has led to notable revenue growth in both online and land-based gambling sectors. This review follows a six-month…
The public’s interest in New York City’s protracted casino license controversy is piqued by the most recent proposal for the Hudson Yards neighborhood. An animated film that showcased Related Companies and Wynn Resorts’ grandiose $12 billion casino development proposal surfaced…