Argentina’s biggest province has approved legislation to legalize online gambling and sports betting. Last week, Buenos Aires approved Budget Bill 2019 which, among other things, includes provisions to legalize and tax online gambling in the province.
The legal status of online gambling has sweeping effects that are reflected in all aspects of the experience for players, operators and everyone in between. Comparing a regulated market to an unregulated market is almost like comparing two completely different industries altogether, are they so different.
The NT Racing Commission, which licenses most Australian betting sites, has ordered Betfair Australia to pay more than $150,000 to a gambler who exhibited red flags of problem gambling but was allowed to continue spending large sums of money anyways.
The Albanian parliament has approved a strict new gambling law that will significantly curtail the country’s gaming industry beginning January 1, 2019. In-person and online sports betting are on the chopping block, along with online casinos and many brick-and-mortar gambling parlors.
The UK Gambling Commission (UKGC) has levied a £2.2 million fine on Paddy Power Betfair for “failing to protect customers and stop stolen money being gambled.”
Sweden’s national gambling regulator recently announced that it has received license applications from 60 operators interested in offering online sports betting and casino games as the country prepares to open its gambling market to international competition.
The Kenyan government has finally moved to give local betting operators some breathing room when it comes to tax rates. Last week, President Uhuru Kenyatta singed into a law new finance bill that will, among other things, reduce the Kenyan betting tax from 35% to 15%.
Labour Party Deputy Leader Tom Watson has published a sweeping policy report on gambling that recommends a ban on the use of credit cards for betting and prohibiting gambling advertising during live sporting events, among other proposals.
An ongoing spat between Betsson and Netherlands gaming regulator Kansspelautoriteit (KSA) is already expensive and stands to grow even costlier the disagreement drags on.
More than two years after announcing its intent to introduce new gambling regulations, the Greek government has finally announced what those regulations will look like and how much it’ll cost to acquire an online betting license.