Month: April 2024

Following the application of two gambling companies, the Latvian Constitutional Court ruled on April 4 that the restriction of gambling activities imposed by the Riga municipality across the territory of the administrative area is deemed unconstitutional. The Court’s decision is reportedly based on the failure of Riga officials to justify the reasons for the gambling
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The recent NCAA women’s basketball championship game between Iowa and South Carolina attracted unprecedented viewership and cultural relevance, leading to record-breaking betting activity across major sportsbooks such as ESPN BET, Caesars, BetMGM, DraftKings, and FanDuel. The championship game surpassed all previous records, becoming the most-bet women’s college basketball game in history, ESPN reported. It even
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The Gambling Commission has unveiled its revised three-year corporate strategy, outlining key areas of focus for regulatory work from 2024 to 2027. Titled Gambling Regulation in a Digital Age, the strategy reflects the Commission’s dedication to implementing decisions outlined in the government’s White Paper “High Stakes – Gambling Reform for the Digital Age”. Key priorities include leveraging
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The Agencia Tributaria (AEAT), Spain’s Tax Agency, under the leadership of Director General Soledad Fernández, is ramping up its oversight of profits from various sources, including online gambling. According to a new directive from the agency, Spanish consumers are mandated to declare profits from online gambling winnings in their 2023 self-assessment income tax returns, as per
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SoftConstruct’s Fastex, a Web3-driven ecosystem, has unveiled expansion and community development initiatives in Armenia through a strategic collaboration with Yerevan State University. The partnership aims to bolster blockchain education and foster community growth within Armenia’s burgeoning Web3 sector. Solidifying their commitment, the two entities have formalized their collaboration with a memorandum of cooperation, marking a significant
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Slingshot Studios, an exclusive studio owned by Games Global, has globally released the second sequel of its award-winning Links of Ra series, titled Links of Ra II, where players have the opportunity to embark on an adventure in Ancient Egypt, and which includes the ULTRA Link&Win feature. Action-packed visual: This action-packed, Ancient Egypt-themed slot provides
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The Indian Gaming Association (IGA) convened its Annual Board of Directors Meeting at the Anaheim Hilton on Sunday, focusing on pivotal tribal matters affecting Indian gaming and tribal issues nationwide. Chairman Ernie Stevens, Jr. greeted the board and made the opening remarks. Stevens stated: “Once again, we bring tribal leadership and our Indian gaming industry experts
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Fastex, SoftConstruct’s Web3-driven ecosystem, has announced a memorandum of cooperation with the Olympionic Sports Charity Foundation. Supported by the RA Ministry of Education, Science, Culture, and Sports with a commitment to provide technical, advisory, and media assistance, this partnership aims to foster sports development and improve living conditions for athletes in the Republic of Armenia.
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The 25th edition of the Gaming and Technology (GAT) Expo in Cartagena kicked off on Tuesday at 9:00 AM at the Las Americas Convention Center. The event saw the presence of dignitaries including the president of Coljuegos, Colombia’s gaming regulator; the associations Asojuegos, Cornazar, Fecoljuegos, and Fedelco; and an inaugural speech from José Aníbal Aguirre,
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Believe it or not, the amazing run for Nevada revenue continued in February, with gaming generating over $1.3 billion for the state. That’s a jump of nearly 9% from the same time last year, and has some people wondering how long this can continue. In February of 2023, revenue reached a notable $1.24 billion, marking
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