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Belgian regulator proposes new online gambling regulations

Belgium’s Gaming Commission has submitted ten recommendations to the Minister of Justice to strengthen online gambling regulations.

The recommendations are in response to a request from the Ministry to better protect online gamblers, with the Commission noting that online games are currently very poorly regulated.

“Ten years after its legalisation, gross gaming [...]

1 min read

Australia’s NSW raises Point of Consumption tax rate to 15%

The Australian state of New South Wales (NSW) has announced reforms to its wagering taxes, including an increase in the Point of Consumption tax rate payable by betting operators.

The NSW government said that the betting tax reforms will achieve competitively neutral tax rates across online and offline betting products, support [...]

1 min read

Gambling Commission issues guidance ahead of new safer gambling requirements

Britain’s Gambling Commission has issued guidance for operators ahead of the introduction of new consumer protection rules which come into force in September.

The new rules apply from 12 September and require online operators to monitor players for indicators of harm, identify vulnerable customers, and employ automated and manual customer interaction [...]

1 min read
PointsBet

PointsBet secures investment from SIG Sports

Sydney-listed betting and gaming operator PointsBet has secured an AUD$94.2m investment from Pennsylvania-based financial trading firm SIG Sports Investment Corp.

PointsBet has agreed to issue 38,750,000 shares to SIG Sports at a price of $2.43 per share, representing a 15 per cent premium compared to the five-day volume weighted average price [...]

1 min read

Gibraltar invites comments on proposed Gambling Act replacement

The Gibraltar Government has launched a public consultation on a proposed replacement to the 2005 Gambling Act.

The proposed replacement to the Act aims to establish a modern, innovative and fit for purpose regime for gaming businesses licensed in the jurisdiction and will require licensees to establish a substantive presence in [...]

2 mins read

Queensland aims to increase wagering tax

Lawmakers in the Australian state of Queensland have unveiled plans to increase the wagering point of consumption tax (POCT) to 20 per cent alongside other regulatory amendments that are designed to create a new sustainable funding model for the racing industry.

The proposal by the Queensland government will see the wagering [...]

1 min read

NSW releases new gambling regulations for public consultation

The Australian state of New South Wales (NSW) has launched a public consultation into new gambling regulations.

The draft regulations will replace the existing Betting and Racing Regulation and Totalizator Regulation, both of which are due to expire in September.

“A large proportion of the community derive great pleasure from wagering and [...]

1 min read

Caesars Sportsbook and NYRA Bets launch Caesars Racebook

Caesars Entertainment and the New York Racing Association have launched Caesars' new horse racing account wagering app, Caesars Racebook. 

Caesars Racebook is now officially live in Florida and Ohio, with additional states set to go live throughout the year.

Caesars Racebook utilises the New York Racing Association's NYRA Bets platform, providing bettors with wagering on horse racing content from [...]

2 mins read
Tabcorp

New leadership for Tabcorp as Bruce Akhurst takes over as chairman

Sydney-listed gaming giant Tabcorp Holdings has made a number of board and senior management changes ahead of its demerger of The Lottery Corporation.

With the company set to implement its demerger of its lottery and keno arm tomorrow, Steven Gregg has retired as Tabcorp chairman and non-executive director, as he takes [...]

1 min read

Lawmaker proposes higher betting taxes in Australian Capital Territory

Australian Labor Party Member Marisa Paterson is calling on the state government to initiate a comprehensive review of online gambling in the Australian Capital Territory (ACT).

In her previous role as an academic researcher, Paterson said she grew “very concerned” about the harmful impacts of online gambling, and believes that more [...]

1 min read
Sportech

Sportech CEO Andrew Lindley steps down

London-listed betting technology supplier Sportech has confirmed the departure of chief executive Andrew Lindley after less than one year in the role.

Lindley was promoted to the role last September to replace Richard McGuire as CEO, having previously served as Sportech’s chief operating officer.

He will now step down as CEO and [...]

3 mins read

Kindbridge expands board with three new appointments

New York-based virtual behavioral health services specialist Kindbridge has appointed three new members to its Board.

The new appointees - Brianne Doura-Schawohl, Eric Kussin and Seth Young - come from a range of backgrounds across the mental health, gambling and gaming sectors, and are committed to making Kindbridge an integral part of [...]

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