How Much the UK Earns From Online Gambling

Betting over a football game is practically a part of English culture, needless to say, the gaming industry in the UK is huge and that means the government is obviously raking in some serious amount of money.   The Tax Breakdown   Before we head into the actual earnings, let’s look at how the UK taxes the online gambling sector. You see, the More...

by Staff | Published 3 days ago
By Staff On Wednesday, May 23rd, 2018
0 Comments

Illegal Online Gambling Business in Italy Seized

Authorities in Italy seized 20 million Euros in assets while apprehending a group suspected of running an illegal online gambling venture for the ‘Ndrangheta, an organized crime group similar to the mafia. The More...

By Claire On Thursday, May 17th, 2018
0 Comments

UK Government Slash FOBT Stake To £2

Not all problems stem from FOBTs in retail closures The UK Government has announced that Fixed Odds Betting Terminals (FOBTs) will have the maximum stake reduced from the current level of £100 to £2, which was More...

By Claire On Thursday, May 17th, 2018
0 Comments

UKGC Reports Growth in Online Gambling

The United Kingdom Gambling Commissions recently released statistics that indicated growth in the country’s online gambling sector. The UKGC’s statistics are considered highly credible, considering the fact More...

By Claire On Thursday, May 17th, 2018
0 Comments

Latvian Casino Operators In “War” with Council Over Casino Closures

Riga The City Council of Riga, Latvia has come under attack recently over the issue if casino closures. Around 40 casinos have been ordered to close down operations, which has infuriated their respective operators. More...

By Claire On Wednesday, May 16th, 2018
0 Comments

Online Gambling Grows By 8% in Portugal

Portugal reported a significant growth in online gaming revenue for the year’s first quarter. The rise is being partly attributed to the growth in online casinos earnings.   The SRIJ (Serviço Regulação More...

By Debbie On Tuesday, May 15th, 2018
0 Comments

Russia Investigates YouTube Over Online Casino Promos

The anti-monopoly watchdog in Russia is reportedly investigating online video hosting site YouTube for allegedly hosting videos that promote illegal online gambling sites. The videos are said to be Russian-language More...

By Claire On Thursday, May 10th, 2018
0 Comments

Stefan Nelson Appointed New CFO of LeoVegas

The LeoVegas Gaming Group has recently announced their new chief financial officer. Viktor Fritzen, the company’s previous CFO, has departed from the company, and Stefan Nelson, has stepped to take his place More...

By Debbie On Wednesday, May 9th, 2018
0 Comments

Online Betting in France Continues to Grow

The online gambling market in France is experiencing tremendous growth across multiple verticals. Results in the first quarter this year have been quite astounding. ARJEL, the country’s gaming regulator, released More...

By Debbie On Wednesday, May 2nd, 2018
0 Comments

LeoVegas Q1 Profits Soar But UKGC Fine Company £627k For Gambler Protection Breaches

LeoVegas the online gaming operator had good news and bad news today with the company announcing their Q1 results showing a healthy rise in revenues by 76% to £68.2 million, those numbers should have been cause More...