Financial
Ministry of Economy and Finance Changes Tax Rules for Commercial Gambling Business
Cambodia (January 9, 2023) — The Ministry of Economy and Finance (MEF) has started implementing the revenue-based taxation rules and procedures on commercial gambling businesses on the self-d...
Nederlandse Loterij Appoints Two New Supervisory Directors
Rijswijk (December 29, 2022) — As of January 1, 2023, Ada van der Veer and Steven Martina will join the Supervisory Board (RvC) of Nederlandse Loterij. The General Meeting of Shareholders o...
Junket Sector Contracts to 36, Down 85 Percent Compared to Heydays
MACAU, SAR (January 4, 2023) — Local media outlets report only 36 companies have registered with the city’s gaming regulator to run junket operations this year, a number down roughly 35 per...
The Swedish Gaming Authority’s Regulation Letter for the Budget Year 2023 Has Been Decided by the Government
Strängnäs, Sweden (January 3, 2023) — Every year the government decides on regulation letters for the authorities. The regulation letter states how the authority must work and how much mo...
Maryland Lottery Begins 50th Anniversary Celebration
Lottery players have won more than $31.5 billion in prizes since 1973 Baltimore, Maryland (January 3, 2023) — When the Maryland Lottery first opened its doors in 1973, leisure suits and bell bott...
Macau Casinos Seek Upturn after Worst Year Since 2004
COVID-19 HAVOC: China’s reopening and Macau’s decision to scrap quarantine for overseas arrivals are expected to accelerate a rebound in the gaming sector MACAU, SAR (January 2, 2023) — M...
Macao’s 2022 Gross Gaming Revenue Down By 51.4% Year-on-Year
December GGR down by 56.3 per cent year-on-year from MOP 7.8 billion to MOP 3.48 billion; city’s six gaming operators began new 10-year concessions yesterday. MACAO, SAR (January 2, 2023) —...
Transfer of OPAP’s Minority Stake in the Betano Business
Lucerne Switzerland (December 27, 2022) — Allwyn AG (“Allwyn”), further to its announcement dated 20 April 2022, announces that OPAP Investment Limited (“OPAP Investment”, a wholly ow...
International Game Technology PLC Announces Redemption of A Subsidiary’s 5.35% Notes Due 2023 In Full
LONDON, Dec. 22, 2022 /PRNewswire/ — International Game Technology PLC (NYSE: IGT) (“IGT”) today announced that International Game Technology (a Nevada corporation and direct whol...
Allwyn to Acquire the Camelot Lottery Solutions Group from Ontario Teachers’ Pension Plan Board
CHICAGO, Illinois, United States and Luzern, Switzerland – 22 December 2022 – Allwyn AG (“Allwyn”), Europe’s leading lottery operator, and Ontario Teachers’ Pension Plan Board (“O...
Churchill Downs Incorporated to Acquire Exacta Systems
LOUISVILLE, Ky. (December 19, 2022) — Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced today that it has entered into a definitive agreement under which ...
Swedish Gambling License Holders Report a Turnover of SEK 6.8 Billion During The Third Quarter
Strängnäs, Sweden (December 16, 2022) — Gaming companies with a Swedish license had a total turnover of SEK 6.8 billion (players’ stakes minus paid winnings) during the third quarter ...
Sports Wagering Contributes $704,728 to the State During November
First nine days of mobile sports wagering handle totaled $186 million Baltimore, Maryland (December 12, 2022) — With the launch of seven mobile platforms and a new retail __cpLocation, Maryland...