Regulatory NEWS

Brazil green lights changes to sports betting law

Taking lessons from Europe, the law that has been regulating sports betting?in Brazil since December?2018 is set to get an upgrade Provisional Measure 1,034/2021, that regulates?tax regimes for sports betting, as well as changes to Law No. 13,756/2018, have been approved?by the?Plenary of the Chamber of Deputies of? Brazil.

Nigeria: Lottery Commission seeks collaboration with the Federal Inland Revenue Service

The National Lottery Regulatory Commission announced their?ambition to collaborate with the Federal Inland Revenue Service to foster increased?revenue growth for the Nigerian federal government In anticipation of the planned National Gaming Conference, to kickstart in July 2021, the Director General of the National Lottery Regulatory?Commission (NLRC), Lanre Gbajabiamila, has stated they are willing to collaborate…

37% of casino goers want masks worn by staff

This percentage of adults wishing casino employees to wear masks was concluded in a survey by YouGov This number was extracted from data gathered of adults aged 18 or older in 17 different markets, with the overall average of consumers preferring staff to wear face masks in casinos being 37%, even as the daily rate…

EGBA combats German gambling tax in court

The EGBA have filed complaint before the European Council against the German Bundesrat’s new gambling tax proposal The European Betting and Gambling Association (EGBA) has deemed the 5.3% gambling tax proposed by the German Bundesrat (federal council) illegal, claiming it violates the EU’s business laws and state aid rules.

Malta government lures digital nomads with Nomad Residence Permit

With this permit remote workers can benefit from a six month visa with the option to benefit from a one-year residency Today the Government of Malta launched a new residency permit aimed at attracting remote workers to the country. This move will see business owners and remote workers in Malta get a one year nomad…

Zambia steps closer to single gambling regulation entity

The current fragmented state of gaming and lotteries regulation in Zambia is causing severe revenue loss for the government The Zambian government currently pursuing efforts to establish a single gaming and lotteries regulator in Zambia. At a consultative meeting in Solwezi, is was announced that an inter-ministerial technical committee had been established with the goal…

Illegal online gambling operation in Bangkok busted

Bangkok police arrested 19 suspects of illegal multimillion Dollar gambling website Following an investigation of the illegal gambling website PGSLOT889.com, 19 suspects were arrested in a Bangkok condominium, according to Chiang Rai TImes. Arresting officers estimated the monthly revenue to be as high as US$3 million, and seized 8 computers, 30 monitors, 27 phones, 7…

Philippines present new gaming tax system

The Philippines Senate proposes change of tax law to greatly increase government revenue On Tuesday, a bill seeking to plug holes in revenue laws that would allow the government to collect taxes more efficienly from Philippine Offshore Gaming Operators (POGOs) reached the Senate plenary.

Penn gets regulatory seal of approval for $31.1M Hollywood Casino Perryville acquisition

Penn announced they have secured regulatory approval from the Maryland Lottery and Gaming Control Commission to acquire Hollywood Casino Perryville On 27 May, Penn National Gaming announced they received the greenlight to acquire Hollywood Casino Perryville from?the Maryland Lottery and Gaming Control Commission.

INDIA: GoM to assess online gaming and casino services for GST

The group of ministers (GoM) will also examine the administration of such valuation provisions and if an alternative means of valuation is recommended The federal government of India has set up a panel of state ministers that will examine whether any change is required in the legal provision for better means of valuation of services…