Financial

Macao Generated 57.33 Billion Patacas in Gross Gaming Revenue for the 1Q of the year

April 17, 2024 | Reveue

MACAO, SAR (April 16, 2024) — Macao generated 57.33 billion patacas (US$7.1 billion) in gross gaming revenue (GGR) for the first quarter of the year, the Gaming Inspection and Coordination B...

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Dutch Government Makes Changes to Online VAT/OSS Filing Portal for Non-Dutch Entities

April 16, 2024 | Tax

Old portal is closing: switch to My Tax Authorities for Business Netherlands (April 12, 20024) — Non-Dutch entities may need to register for VAT or OSS purposes in the Netherlands without hav...

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Citigroup Expects the Macau Gaming Sector to See 1Q 2024 Reaching MOP 16.3 Billion

April 15, 2024 | Reveue

MACAU, SAR (April 12, 2024) — Citigroup expects the Macau gaming sector to see a mere 2 percent quarter-on-quarter growth in industry EBITDA (Earnings Before Interest, Taxes, Depreciation, an...

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PAGCOR Turns Over PHP4.59-B Cash Dividends to State Treasury

April 15, 2024 | Reveue

MANILA, Philippines (April 15, 2024) — The Philippine Amusement and Gaming Corporation (PAGCOR) today remitted a total of Php4.59 billion in cash dividends to the National Treasury to help fu...

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Supreme Court Stays Trial in Money Laundering Case Against Lottery Operator

April 15, 2024 | money-laundering

NEW DELHI, India (April 12, 2024) — The Supreme Court’s decision to stay the trial in the money laundering case against lottery operator Santiago Martin carries significant implications...

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Three Orders and One Reprimand Issued to Mr. Green Limited for Breach of the Anti-Money Laundering Act

April 14, 2024 | money-laundering

DENMARK, Odense C. (April 12, 2024) — On April 10th, 2024, the Danish Gambling Authority has issued three orders to Mr. Green Limited for breaching the Anti-Money Laundering Act, on risk ass...

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Bill To Increase Gambling Tax Rates In New Jersey Introduced

April 12, 2024 | Tax

A bill to increase gambling tax Rates in New Jersey has opened in Senate, as the state looks to implement a 30% tax rate for online betting. MALTA (April 11, 2024) — Specified as bill s3064, ...

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Bet365 to Pay £582,120 for Anti-Money Laundering and Social Responsibility Failures

April 7, 2024 | money-laundering

BIRMINGHAM, U.K. (April 4, 2024) — Bet365 is to pay £582,120 for anti-money laundering and social responsibility failures at its online business. Hillside (UK Gaming) ENC, which holds a lic...

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Veikkaus’ Digital Gaming Market Share Increased by 3 Percentage Points

April 3, 2024 | Financial

Helsinki, Finland (April 2, 2024) — Veikkaus had a successful year, especially in terms of digital gaming, and the result for 2023 was in line with the target. 180,000 new people registered ...

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Kambi Group plc Publishes 2023 Annual Report and Accounts

April 3, 2024 | Financial

MALTA (March 30, 2024) — Kambi Group plc, the world’s trusted sports betting partner, has today published its 2023 Annual Report and Accounts This can be downloaded from the company website...

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Bulgarian Betting Working with Tax and Security Authorities on Anti-Money Laundering Improvement

April 2, 2024 | money-laundering

BULGARIA (April 2, 2024) — Bulgarian authorities will engage in an anti-money laundering (AML) and counter-terrorist financing (CTF) initiative alongside the country’s betting industry, ded...

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Hoosier Lottery Promotes Positive Play for Financial Literacy Month

April 2, 2024 | Financial

The Hoosier Lottery is again participating in National Financial Literacy Month awareness efforts to emphasize the importance of planning and budgeting as key to keeping play positive. National Fin...

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Allwyn International FY 2023 Preliminary Unaudited Financial Results and Update on Current Trading

March 28, 2024 | Financial

Lucerne, Switzerland March 27, 2024 — Allwyn International a.s. (“Allwyn” or the “Company”, and, together with its subsidiaries, joint ventures and associates, the “Group” or “w...

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P81 Billion in Revenues Expected from Government Casinos This Year

March 25, 2024 | Reveue

MANILA (March 25, 2024) — The Philippine Amusement and Gaming Corp. (Pagcor) expects an increase in revenue from government-run casinos this year despite ongoing privatization initiatives. Lo...

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Government Mandate: Actions to Counter the Use of Gambling Accounts for Criminal Activity

March 24, 2024 | money-laundering

Strängnäs, Sweden (March 22, 2024) — In government task Fi2023/03186, the Swedish Gambling Inspectorate must analyze and describe the risks of gambling accounts being used for money launder...

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Casinos Austria and Austrian Lotteries Group Secures 4.5 Per Cent Revenue Increase Compared to 2022

March 24, 2024 | Reveue

AUSTRIA – March 22, 2024 — Casinos Austria and the Austrian Lotteries Group generated consolidated gross gaming revenue of €1.48bn in 2023, marking an increase of 4.5 per cent compare...

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ZEAL Achieves Double-Digit Growth in 2023 and Raises Earnings to a Five-Year High

March 21, 2024 | Reveue

Core business and customer base expanded, market share increased Billings and revenue increase by 11% and 10% respectively in 2023 compared to the previous year New online games business successful...

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Illinois Lottery Reports Half-Year Results

March 21, 2024 | Reveue

Lottery Funding to Support the Common School Fund CHICAGO, March 19, 2024 – The Illinois Lottery today announced its results for the first six months of the 2024 fiscal year, in which the Lottery...

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The Massachusetts Gaming Commission Releases February 2024 Casino and Sports Wagering Revenue

March 19, 2024 | Reveue

BOSTON, Massachusetts (March 18, 2024) The Massachusetts Gaming Commission reported today that the month of February 2024 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Ha...

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Lottery.com Inc. Defaults on the Loan

March 12, 2024 | Legal

Woodford Eurasia expresses deep concern over recent misleading statements published by Lottery.com Inc., which falsely imply the conclusion of their ongoing legal dispute. Contrary to these claim...

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Income Tax Office & Gambling Division Sign MOU to Foster Greater Collaboration & Tax Regulatory Compliance

March 12, 2024 | Tax

Gibraltar (March 7, 2024) — The Income Tax Office and the Gambling Division have signed a Memorandum of Understanding (MOU) to foster greater collaboration and tax regulatory compliance. The ...

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Regulator Urged to Investigate Charity’s Links to Gambling Industry

March 11, 2024 | Reveue

Twickenham, U.K. (March 8, 2024) — Campaigners, backed by the Good Law Project, have raised concerns that GambleAware is almost entirely funded by the gambling industry. The Charity Commissio...

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Gambling Embraces Digital ID and Biometric Payments

March 11, 2024 | Financial

TORONTO, ON, Canada (March 8, 2024) — The European gaming industry has voiced its support for the EU’s digital identity scheme. In a dated post on its website, the European Gaming and Betti...

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AUSTRAC Commences Investigation Into Online Betting Company Bet365

March 8, 2024 | money-laundering

(March 7, 2024) —  The Australian Transaction Reports and Analysis Centre (AUSTRAC) has commenced an enforcement investigation into Hillside (Australia New Media) Pty Limited (bet365). The i...

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