Unibet Hit With 4 Million Euro Fine in the Netherlands

Unibet operator Optdeck has been fined 4 million euros by the Netherlands Gambling Authority (Ksa). The regulator said the company failed to properly follow important rules that are meant to protect players and make sure betting activities are handled safely and responsibly. The fine comes after months of detailed checks carried out by the Ksa. […]

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Gibraltar Issues Warning About Economic Damage Following UK Gambling Tax Increase

Gibraltar’s Justice, Trade and Industry Minister issued a warning today. The UK’s remote gambling tax increase will hit public revenue hard. Gibraltar maintains strong regulatory and economic connections with UK online gaming companies. Nigel Feetham confirmed Gibraltar joined UK gaming companies in lobbying efforts. They spent months trying to convince UK Treasury officials against these changes. Feetham […]

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Illinois Lawmakers Oppose Chicago Sports Betting Tax Increase

Illinois sports betting could face more problems as city officials think about adding a new tax. Mayor Brandon Johnson has suggested a 10.25 percent tax on online sports bets in Chicago. But a group of state lawmakers is asking city leaders to carefully reconsider the plan. The lawmakers say the extra city tax could hurt […]

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Increased Gambling Tax Rates Blasted As ‘Hammer Blow’ to UK Industry

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 […]

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South Africa Plans New 20 Percent Tax on Online Gambling

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 […]

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Remote Gaming Duty Will Reach 40% Based on the Leaked OBR Document

The Office for Budget Responsibility published a statement too early. This document shows Chancellor Rachel Reeves’ plans to increase remote gaming duty to 40%. The new rate starts in April 2026. Stock prices for gambling companies fell before the UK’s 2026 Budget announcement. Tax reforms turned out worse than traders predicted. The OBR wrote this information […]

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CFTC Affirms Legitimacy of Prediction Markets

Caroline Pham, acting chair of the Commodity Futures Trading Commission, said that prediction markets operating through designated contract markets, or DCMs, are following the law. Her comments come as some states try to ban or limit these markets. This is the CFTC’s clearest statement so far that prediction markets can operate under current federal rules. […]

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Canadian Senators Push for National Ban on Betting Ads

Two Canadian senators are calling for a nationwide ban on sports betting ads, saying the fast growth of single event betting has become a public health issue. According to CBC, Senators Percy Downe and Marty Deacon sent a letter to the prime minister asking the federal government to act. They want the Canadian Radio television […]

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