Remote gaming duty jumps from 21% to 40% while general betting duty rises from 15% to 25%. UK gambling operators attack government decisions about higher tax rates for the sector. Several big companies express worries about the long-term effects of increased taxes. Remote gaming duty increases from 21% to 40% among gambling-specific changes. New general betting duty […]

Massachusetts residents wagered 19.3% more on sports compared to October 2024. October brought $892.2 million in total sports betting handle to Massachusetts. Several US states, including the Bay State, achieved record betting figures last month. The new record surpasses September’s $800.3 million mark by 11.5%. Players bet $748.1 million during October 2024 based on Massachusetts Gaming Commission […]

The government says KNU-linked projects enabled foreign-run casinos and online scam hubs. Myanmar released a statement describing illegal gambling and online fraud operations in Myawady Township. The government claims KNU leaders directly leased state land to foreign actors and protected casino operators. The Ministry of Information reports these activities grew after armed groups exploited weak security conditions […]

Robinhood and Susquehanna International Group are joining forces to create their own futures and derivatives exchange, along with a clearinghouse. They plan to build the new business after buying a 90 percent stake in LedgerX, a licensed and CFTC regulated platform that was once owned by Miami International Holdings. The price of the deal was […]

South Africa’s National Treasury has proposed a new national tax on online gambling to help reduce the social harm linked to heavy gambling. In a paper released on 25 November, the Treasury suggested a 20 percent tax on gross gambling revenue from online betting and interactive games. The tax could raise about R10 billion, but […]