Trump Explores Ending Federal Gambling Tax

Donald Trump indicated on Tuesday, December 9, that federal taxes on gambling winnings might end. The president discussed this possibility while speaking to reporters. His administration continues to reduce taxes on various income types after cutting taxes on tips and overtime. Fox Business reported Trump’s Air Force One comments to journalists. The president said he remains […]

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Altenar Forms New Partnership With Betico

Sports betting supplier Altenar has announced a partnership with Betico, a new operator in the European market. Under the deal, Betico will use Altenar’s fully managed sportsbook solution to upgrade and strengthen its betting platform. Altenar provides tools like custom betting options, risk management, and compliance support, which will help Betico improve its overall operations. […]

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New York Bans Sweepstakes Casinos

New York has officially banned sweepstakes casinos after Governor Kathy Hochul signed Senate Bill 5935. The ban takes effect immediately, making these platforms illegal across the state. The law targets the dual-currency system used by these casinos, where players buy one virtual currency that cannot be exchanged for cash and get another promotional currency that […]

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KSA Backs National Partnership to Tackle Gambling Harm

The Netherlands Gambling Authority, the KSA, has set aside nearly 2 million euros for a new national partnership aimed at reducing gambling harm. The money comes from the Addiction Prevention Fund, which is funded by fees from licensed gambling operators. The exact amount was not shared, but the subsidy will support several organisations working together […]

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Florida Moves to Rewrite Its Gambling Laws

Florida lawmakers are looking at a big change to the state’s gambling laws with a new bill called HB 591. Filed on 2 December, the 86 page plan brings in new criminal offences, updates old rules and increases penalties for many gambling activities. The aim is to modernise the law and tackle issues like online […]

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