The National Lottery of Ireland has swayed to profitability once again after registering falling sales and fighting a privatisation process which brought a lot of controversy for several years. The National Lottery has also faced certain difficulties as a result of a change brought to its playing format. Now, the Premier Lotteries Ireland-run franchise has reported a 12% rise in its turnover, with the latter reaching €750 million in 2016 thanks to increased interest of local players to Lotto tickets and scratch cards, as well as an increase in sales…
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UKGC to Improve Its Communications and Consultations by Website Overhaul
The UK Gambling Commission (UKGC), which is currently the major gambling industry regulatory body in the country, is aimed at improving its communications and consultations. The Commission published some information about the overhaul, with its executive director Tim Miller explaining the regulatory body’s decision to actually listen to the industry and other licensing authorities, as well as its partners and consumers and to take their recommendations in account. Mr. Miller further shared that the Commission carried out a survey in 2016, asking its stakeholders for their opinions on the tools…
Read MoreFormer Gambling Addict Matt Zarb-Cousin Calls UK FOBTs “Class A Gambling Product”
As Casino Guardian has already reported, the UK Labour Party was up to propose a new gambling tax, with the money gathered from it aimed to be redirected to fund National Health Service (NHS) programs for problem gamblers. Tom Watson, the deputy leader of the Labor and the shadow culture secretary Jon Ashworth got to Brighton to officially present the party’s review into problem gambling. Last night, Channel 4 Presenter Cathy Newman talked about the controversial fixed-odds betting terminals (FOBTs) with Malcolm George from the Association of British Bookmakers (ABB)…
Read MoreNamibia to Implement New Gambling Industry Levies
It seems that Namibia’s gambling industry, which has been estimated to millions of dollars, is to be seriously hit by the introduction of new levies. After the Casinos and Gambling Houses Act of 1994, and more specifically its section 54 was amended in April 2017, the gambling companies that operate on the territory of the country are obliged to pay a gambling license fee every year, as well as a flat rate tax for each gambling machine they own. Local operators also have to pay a 5% increase on the…
Read MoreIowa Racing and Gaming Commission to Consider Three New Cedar Rapids Casino Proposals
September 26th is to see the Iowa Racing and Gaming Commission visit the proposed gambling sites situated in Downtown Cedar Rapids. The visit comes as the next step towards the Commission’s decision whether to grant the three proposed casinos for Cedar Rapids with a new gambling license. As revealed by Brian Ohorilko, a Racing and Gaming administrator, the Iowa Racing and Gaming Commission has organised its meeting in the city, so that it would be able to visit all three casino sites. According to Mr. Ohorilko, the Commission’s meeting would…
Read MoreUK Labour Party Proposes New Gambling Levy to Fund NHS Problem Gambling Programs
Today, the UK Labour Party is expected to unveil its proposals for a new tax that is to be imposed on gambling. Labour is aimed at redirecting money accumulated thanks to the new tax in order to fund National Health Service (NHS) treatment programs for people suffering from problem gambling behaviour. According to media reports, a review into problem gambling is to be officially presented by the deputy Labour Party leader Tom Watson and Jon Ashworth, a shadow culture secretary in Brighton. The Labour Party is to call for the…
Read MoreGenting Seeks to Sell Emblematic Maxims Casino in London
One of the most exclusive Kensington casinos – Maxims Casino Club – has been offered for sale by the entity’s owner. It came to our knowledge that the Genting brand which has owned the casino for more than ten years now, has put the luxurious gaming venue for sale and is looking to get no less than £40 million as soon as they carry out the transaction. As reported by The Times, the Genting would probably announce its decision for the sale as soon as possible. The Genting Casinos UK,…
Read MoreWhat Are the Taxes on Jackpot Winnings in UK?
Currently, UK lotteries are very popular among local residents, some of whom take part in National Lottery and EuroMillions draws on a regular basis. However, are lottery winnings, including jackpot winnings, being taxed in the UK? The non-ministerial department of the UK Government Her Majesty’s Revenue and Customs (HMRC) does not regard lottery winnings as an income, which is the reason why the generated lottery winnings are not taxable up to date. However, lottery players in the UK need to bear in mind that they may face tax implications once…
Read MoreLatest Trends That Could Change the Global Gambling Market Forever
Global gambling market has always been very competitive and volatile one. Different aspects of technical progress, consumer gambling habit changes, new gambling solutions have raised both customer expectations and market requirements, urging gambling companies to develop in various directions, seeking to attract more users and enlarge their players bases. The expansion of the gambling industry is also happening at fast pace, revealing a great variety of options and trends to be followed. Some of them have been there for some time, while others are emerging. In any way, the constant…
Read MoreUKGC Aims to Raise Problem Gambling Awareness in Wales
Yesterday, the major gambling regulatory body in the UK – the UK Gambling Commission (UKGC) – revealed that it would be hosting a reception at the Welsh Assembly along with the Directors of Public Protection Wales. The event was aimed at building more partnerships aimed at raising gambling addiction awareness in order to reduce negative effects that gambling could have on local customers. The event came in the light of some research data published by the UK Gambling Commission that showed that currently are about 27,000 Welsh gamblers who suffer…
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