Impact of Covid-19 on Sports Betting Levy for 2020-21
The levy collected from sports betting on racing at Gambling Commission-licensed operators is expected to decrease to £80m for the 2020-21 fiscal year. This decline is attributed to the challenging…
March betting handle in Illinois breaks records in sports-betting
FanDuel maintained its revenue edge over DraftKings, but the gap was less than $100,000.The sports-betting market faced limitations on March 9, 2020, as venues closed and sporting events were suspended…
How Sisal Could Revive the National Lottery’s Success
Speculation about potential bidders for the UK's fourth National Lottery license has been ongoing for the past few years. Italian lottery operator Sisal recently surprised many by officially expressing interest…
Malta Regulator to Revoke Magic Services’ License for Non-Payment of Fees and Non-Compliance with Legal Regulations
Magic Services operates the Bet8.eu and Bet8.gr websites under a B2C gaming service licence issued by the MGA.However, the MGA found that Magic Services violated Regulation 3 of the Gaming…
Bally’s reports Q1 revenue growth but faces increased losses due to non-operating expenses in finance sector
Gaming revenue is the amount of money generated from various gaming activities, such as casino games, online gaming, and video game sales. It serves as a key indicator of the…
Assessment of Proposed German Turnover Tax by Bundestag Committees for Legal Compliance
The bill outlines the tax structure for online slots and poker in compliance with Germany's new State Treaty on Gambling (Glücksspielneuregulierungstaatsvetrag). The implementation of this new regulatory model is planned…
Zeal experiences increased Q1 revenue amidst business model change, catered towards lottery
Zeal Lottery reported a revenue of €22.6m in the first quarter, experiencing an 18.9% increase compared to €19.0m year-on-year.The majority of the revenue, €21.1m, was generated by operations in Germany,…
Reopening of Casinos and Bingo in England and Scotland on 17 May
The Covid-19 pandemic forced retail venues across the country to close last year. A phased re-opening began in July last year after the government initially eased coronavirus restrictions. However, operators…
Inspired experiences widening losses in Q1 due to land-based closures
Revenue for the three months ending on March 31 was $22.8 million, a decrease of 59.4% compared to the same period last year. This decline is attributed to the impact…
Slots Temple strengthens marketing affiliates by joining Responsible Affiliates in Gambling trade association
The affiliate joins the likes of Better Collective, Oddschecker, and Racing Post as a member of RAiG, a trade association for marketing-affiliates in the gambling industry.Slots Temple had to meet…
