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The New South Wales (NSW) Government has revealed that it is willing to amend two of the local gambling regulations, which are set to expire in September. The Cabinet issued an official report to inform that the amendments are expected to be brought in by the end of 2022. The Hospitality and Racing CEO, Anthony Keon, commented on the matter, saying that statutory reviews allow the law to keep up with the pace of the constantly changing industry. The two regulations of the gambling sector that are expected to be…

The beginning of the week saw the Queensland State Government announce its decision to roll out a significant increase to the taxes paid by the corporate sports betting operators. The local Government’s intention is to bring changes to the way in which racing is funded. As part of these changes, the local lawmakers have decided to introduce a new 5% racing levy in addition to the so-called Point of Consumption tax that bookmakers are already required to pay. The Queensland State Government also revealed that free and bonus bets will…

The regulated gambling and betting sector in the UK is expected to generate a total of 15,000 tech jobs in the upcoming 5 years, as part of an ambitious Levelling Up agenda. According to reports, 10,000 technology jobs are already provided by the online gambling, betting and bingo industry in the country, which also supports a further 30,000 posts. However, gambling industry experts predict even more jobs to be established outside London, especially considering the current growth trends for gaming and betting businesses across the UK. The Levelling Up agenda…

At the time of its sensational 2021 downfall, Football Index – an online gambling platform that allowed customers to purchase and sell “shares” in professional football players and gamble on their future performance – wiped out thousands of pounds of its users and prompted a Government review into the sector, along with the company’s failure. Its failure caused chaos, but the more scandalous thing to learn was that a new website offering a similar service appeared only days after the platform of Football Index crashed down. The website, called AllStars…

After previously unveiling big plans to bring some amendments to the 2005 Gibraltar Gambling Act, the Government of the British Overseas Territory has issued a Command Paper inspired by the local financial sector. Recently, local authorities have published a preliminary draft of the bill aimed at bringing the desired reforms to the industry by expanding the types of operating permits available for gambling companies and making the sector’s regulation more flexible. On the other hand, the reforms are expected to make some crucial alterations regarding the best spots for gambling…

An anti-gambling Oireachtas senator has told organisers of the National Lottery that their TV adverts should be suspended from early evening advertising slots because underage individuals were unfairly affected by them. The aforementioned claim was made by the Irish Member of Parliament, who has been insisting on the establishment of a 9:00 PM watershed for Lotto draws and ads so that they are not seen by children during the daytime. The campaigner claims that the draw of the Irish National Lottery, which the national broadcaster RTÉ has been airing at…

The former Leader of the Conservative Party and Leader of the Opposition in the period from 2001 to 2003, Iain Duncan Smith, fiercely criticised the reports that the Government would leave a measure seeking to impose a mandatory levy on gambling companies and suspend gambling operators’ logos from English Premier League (EPL) shirts out of its much-expected white paper. Sir Iain Duncan Smith has even vowed to declare “war” on the UK Government in case local lawmakers decide to make the measures in their review of the country’s gambling legislation…

After some controversial anti-money laundering practices have been revealed during the ongoing probe into the Star Entertainment Group in the state of New South Wales (NSW) and a number of former investigations into Crown Resorts, the Government of Queensland has decided to unveil stricter gambling legislation. Under the provisions of the tougher gambling laws, there will be monetary penalties of up to AU$50 million for operators that are found to have violated the rules. Shannon Fentiman, who is the Minister for Justice and Attorney-General, noted that the proposed changes in…

A new legislative proposal made by Victorian lawmakers is seeking to see the implementation of stricter rules for the local gambling industry as part of the authorities’ efforts to tackle gambling-related harm. Under the provisions of the new regulation, the recently-established Victorian Gambling and Casino Control Commission (VGCCC) is set to be empowered, as it will take over the responsibilities of the so-far existing regulator – the Victorian Commission for Gambling and Liquor Regulation (VCGRL). This, however, applies only to the gambling regulation of the VCGRL, while the liquor regulation…

The CEO of the Betting and Gaming Council (BGC) has warned the UK Government that it risks strong disapproval if it compiles its decision on the country’s gambling regulation with the opinion of anti-gambling campaigners. Michael Dugher, who currently chairs the trade body representing the UK legal gambling sector, has shared his view on political opinion and commentaries regarding the Local Election results revealed in May. According to him, the results showed predictable mid-term problems and still, he believes that the results had not been “entirely catastrophic”, although there had…