In recent years, Virginia has witnessed significant growth in the gambling industry, but the state’s regulatory framework has struggled to keep pace. With the industry now sprawling across various forms of gaming, from casinos to online betting, state lawmakers are debating the creation of a Virginia Gaming Commission to oversee this booming sector. For over
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As the deadline for prioritized licence applications in Brazil has now passed, a total of 113 operators have submitted their requests, aiming to secure a foothold in the country’s soon-to-launch legal betting market. By meeting the deadline of August 20, these operators have ensured their applications will be processed in time for the anticipated launch
Colombia’s online gambling industry has emerged as a significant driver of economic growth in the second quarter of 2024, contributing to a 2.1% increase in the country’s Gross Domestic Product (GDP). The National Administrative Department of Statistics (DANE) identified online gambling as one of the key activities behind this economic upswing, highlighting the sector’s growing
The Nebraska legislature concluded its special session on August 20th, 2024, without addressing the potential legalization of digital sports betting. Despite spending over three weeks focusing on property tax relief, lawmakers did not take up discussions on a proposed constitutional amendment that would have paved the way for online sports betting in the state. Governor
Virtual reality (VR) has been touted as the next big thing in many industries, from gaming to education to real estate. But one area where VR’s potential seems particularly promising is in online casinos. Imagine being able to walk through the opulent halls of a Las Vegas casino from the comfort of your living room,
Montenegro’s government has introduced a proposal to impose a 15% tax on gambling winnings, as part of a broader fiscal strategy aimed at offsetting significant budgetary shortfalls. The proposed tax, which is expected to generate an additional €5 million annually for the state budget, is outlined in the draft amendments to the personal income tax
Online gambling in Portugal continues to thrive, with revenue hitting a record €261.8m (£223.1m/$289.2m) in the second quarter of 2024. This marks the eighth consecutive quarter in which the industry has set a new revenue record, surpassing the previous high of €260.8m achieved in Q1. According to Portugal’s gambling regulator’s, Serviço de Regulação e Inspeção
In the wake of casino legalization and the growing influence of gambling in the sports and entertainment industry, a group of Nebraska lawmakers is urging caution. As the debate over property tax reduction enters its 14th day, the potential expansion of gambling in Nebraska has become a contentious issue, prompting 13 state senators to release
New Jersey’s gaming industry saw a notable 8.2% increase in total gaming revenue for July 2024, reaching $547.8 million, according to the latest figures released by the state’s Division of Gaming Enforcement. This marks the highest level of total gaming revenue for July in over a decade, largely driven by near-record internet gaming wins and robust
The Macau government reported a significant increase in gaming tax revenue for the first seven months of 2024, highlighting the region’s strong economic rebound. The income from gaming taxes surged by nearly 58% year-on-year, reaching MOP51.6 billion ($6.4 billion) as the Special Administrative Region (SAR) continued its post-COVID recovery. Macau’s Gaming Tax Revenue Boost The
In a testament to the resilience and growing appeal of the U.S. commercial gaming industry, nationwide revenue surged to an unprecedented $17.63 billion in the second quarter of 2024. This impressive figure, reported by the American Gaming Association (AGA) in its latest Commercial Gaming Revenue Tracker, marks the 14th consecutive quarter of annual revenue growth.
A bill designed to fast-track the bidding process for three new downstate casino licenses in New York appears to have stalled, with an August 31, 2024, deadline now in jeopardy. Despite passing through both the House and Senate in June, the bill, known as S9673A, remains unsigned by Governor Kathy Hochul, leading to growing uncertainty
Italy’s newly proposed framework for online gambling concessions is now under the scrutiny of the European Commission (EC) as it enters the final stages of its legislative process. This marks a significant step in Italy’s ongoing efforts to regulate and modernize its online gambling industry. EC’s Review and Consultation Process As part of the European
The Ukrainian Commission for the Regulation of Gambling and Lotteries (KRAIL) continues its rigorous efforts to combat illegal gambling by blocking another five unlicensed websites. The sites—1xslot.com, Bet2casino.fun, Betmatch2win.com, Betwinner6.com, and Kasinos-vip.net—were found to be operating without the necessary licenses, violating Ukraine’s gambling laws. KRAIL mandated that these sites cease operations within three working days,
A coalition of over 60 prominent Australians, including former prime ministers, premiers, and other influential figures, has issued an urgent call for the federal government to impose a total ban on gambling advertising within three years. The open letter, published by the Alliance for Gambling Reform, addresses both the current Australian government and the opposition,
Belgium’s gambling market has shown remarkable resilience, with the Commission des Jeux de Hasard (CJH), the country’s gambling regulator, reporting a 16.7% increase in gross gaming revenue (GGR) for 2023. The total GGR for the year reached €1.7bn (£1.5bn/$1.9bn), a significant rise from €1.5bn in 2022, despite the Belgian government imposing tougher restrictions on the
New York’s mobile sports betting market saw a rise in revenue for July 2024, even as the total betting handle fell to its lowest level for the current fiscal year. According to figures released by the New York State Gaming Commission, the total sports betting spend for July was $1.26 billion, marking a decrease of 14.3%
Entain has officially launched a new betting platform in New Zealand, named “Betcha,” marking the first time since the establishment of the TAB that a new betting brand has been introduced in the region. Betcha is designed specifically to appeal to younger bettors and aims to counter the growing threat posed by offshore betting operators,
Denmark’s gambling market experienced a significant boost in June 2024, with total revenue increasing by 37.0% year-on-year to DKK703m (£81.1m/€94.2m/$103.0m), according to the latest figures from the Danish Gambling Authority, Spillemyndigheden. This growth was largely driven by a substantial rise in sports betting, which saw a notable increase during the Euro 2024 football tournament. Sports
The push to legalize gambling in Brazil faces another delay as Senate President Rodrigo Pacheco (PSD-MG) signals he is in no rush to bring the bill to the plenary. The legislation, which seeks to legalize casinos, bingo, jogo de bicho, and betting on horseracing, will likely be postponed until after the first round of municipal