PHILIPPINES BANKS WARNED OVER ILLEGAL ONLINE GAMBLING
The Philippines.- The Bangko Sentral ng Pilipinas (BSP) has warned financial institutions in the country not to allow the movement of funds for online gambling. BSP deputy governor Chuchi Fonacier reminded BSP-supervised institutions that they must follow requirements on customer due…
NETHERLANDS IGAMING MARKET “TO BECOME ONE OF EUROPE’S BIGGEST”
A report from Online Casino Ground concludes that the country could build one of the largest markets on the continent. The Netherlands.- A report released by Online Casino Ground says that the Netherlands’ online gambling market “is set to become one of…
ITALY: ONLINE GAMBLING GGR HIT €359M IN DECEMBER
Italy. – Gross gaming revenue (GGR) generated online reached €359m in December. Online sports betting raised €177.1m, an increase of 59.5 per cent month-on-month. Online casino and slot games saw an increase of 24 per cent month-on-month to €153.8m. Online poker contributed €12.2m. PokerStars…
GERMANY: SPORTS BETTING PROVIDERS CALL FOR ONLINE LICENSING TO RESUME
Germany.- Deutsche Sportwettenverband (DSWV), the German association representing sports betting providers, has called on the government to resume the stalled licensing process for online sportsbooks. The association warned that sales in the regulated sports betting sector fell by 16.1 per cent year-on-year in…
CHINA ANNOUNCES ILLEGAL GAMBLING ‘AMNESTY’
By Robin Harrison China’s Ministry of Public Security has announced an amnesty in which individuals that come forward to confess their involvement in illegal gambling operations will avoid serious punishment, provided they do so by 30 April. The ‘Notice on…
SHIRT SPONSORSHIP BAN MOST LIKELY OUTCOME OF 2021 GAMBLING REVIEW
Ted Menmuir The Daily Telegraph has reported this morning that PM Boris Johnson will likely support a ban on gambling industry shirt sponsorships across football. Citing sources ‘close to Downing Street’, the Telegraph stated that Johnson’s senior cabinet are determined to…
GERMAN ONLINE SLOTS TAX COULD THREATEN REGULATED MARKET
A proposed 8 per cent tax on slot turnover could hinder player protection and hurt the newly regulated market, a report warns. Germany.- A report from the Düsseldorf Institute for Competition Economics (DICE) warns that a proposed 8 per cent tax on online slot…
BTOBET TO BOOST WAZIBET IN AFRICA
BtoBet has signed a key partnership with Wazibet to power its online bookmaker with the Neuron 3 platform. News from our partners.- BtoBet continues to position itself at the forefront of the platform provider market in Africa as it announces an agreement…
BETTING ON SPORTS AMERICA ANNOUNCES REBRANDING AND DATE CHANGE
Gambling industry event organizer SBC has announced that it is expanding its Betting on Sports America (BOSA) conference and exhibition to incorporate another fast-growing part of the U.S. entertainment landscape – online gaming. Under the umbrella brand of SBC Summit North America, the new-look event will…
WORLD POKER TOUR BRAND SOLD FOR US$78.25M
The Chinese-owned gambling giant Allied Esports Entertainment has agreed to sell its World Poker Tour assets to Element Partners. Elsewhere.- The Chinese-owned gambling giant Allied Esports Entertainment has sold its World Poker Tour brand assets to the private investment vehicle Element Partners…