Iceland’s isolated island environment is home to a booming digital frontier. Local tech companies have made great advances in video game graphics. Yet you’ll find that there is still no casino operating in the country. Despite lacking centralized data, you can chat with many people who say they participate in online gambling, especially online slots.
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The Finnish Ministry of the Interior has introduced a draft government proposal to reform the country’s gambling system. This proposal, which aligns with the Government Programme, aims to dismantle Veikkaus Oy’s current monopoly on betting and online casino games and open these markets to competition through a licensing model. The consultation period for this draft
Macau’s casino revenue amounted to MOP17.69 billion (£1.74 billion/€2.04 billion/$2.21 billion) in June 2024, marking the lowest monthly total since November 2023. This figure represents a 16.4% increase from MOP15.21 billion in June 2023, 14.1% lower than the MOP20.19 billion reported in May 2024. June’s Performance Analysis June’s revenue drop comes after May 2024 reported the
In a significant move to bolster the integrity of sports betting, the General Directorate for the Regulation of Gambling in Spain has mandated that all licensed gaming operators involved in horseracing or sports betting must join the Global Betting Market Investigation Service (SIGMA). Effective from 28 June 2024, this new requirement is designed to prevent
From 1 January 2025, game suppliers must have a Danish Gambling Authority license to provide games to operators with a Danish license for betting and online casinos. Applications for these licenses will be accepted starting from 1 September 2024. The Danish Gambling Authority has made guidance material and new application forms available on their website.
Endorphina is thrilled to announce a strategic partnership with Scommettendo, a leading iGaming company ranked among the top 15 operators in the Italian market. This collaboration aims to leverage our combined expertise and shared goals to enhance entertainment and provide a superior gaming experience for iGaming enthusiasts. Expanding Horizons with Scommettendo Throughout 2024, Endorphina has
On Thursday, June 27, the Michigan Legislature finalized an agreement on the state’s Fiscal Year 2025 budget, earmarking $1.9 million to support the addition of 14 full-time equivalent (FTE) staff positions at the Michigan Gaming Control Board (MGCB). These new positions are crucial for expanding the MGCB’s regulatory capacity, particularly in internet gaming and sports
Great news for the online gambling business as the Ontario regulated iGaming market has processed $63 billion in bets in its second year, leaving Canadian platforms like the ones found on Zamsino thriving. To shed more light on this development and what it means in the industry we talked to Erik King, an iGaming specialist and a
Fantasma Games, known for its “slots beyond gambling,” is debuting in the Italian market through its distribution partner, Relax Gaming. This strategic entry will enable Fantasma Games to offer its entire portfolio of premium and innovative titles to operators and players in Italy for the first time. Expanding Presence in Europe Since its inception in
OKTO is excited to announce the expansion of its groundbreaking real-time cash-to-digital closed-loop payment service, OKTO.CASH, into the Indian market. This strategic move represents a significant step in OKTO’s mission to revolutionize payment experiences for both merchants and consumers around the globe. Transforming Payment Experiences in India With the launch of OKTO.CASH in India, online
Indonesia has taken decisive steps to curb online gambling activities by targeting internet lines connected to the Philippines and Cambodia. This move, initiated by the nation’s Communications and Informatics Ministry, aims to sever access to networks allegedly facilitating illegal online gaming within Indonesia. Under directives issued on June 21st, Indonesia’s NAP (Network Access Point) service
The Council of Ministers of Spain has appointed Andrés Barragán Urbiola as Secretary General of Consumption and Gaming. In this role, Urbiola will oversee Spain’s ongoing federal overhaul of gambling laws, a directive led by the Ministry of Consumer Affairs. This appointment is part of a broader strategy to strengthen the regulation and safety of
Pragmatic Play, a leading content supplier to the iGaming industry, has expanded its reach in the Spanish market through a strategic partnership with KirolBet. This collaboration marks a significant step for Pragmatic Play as it brings its premium slots and live casino offerings to one of Spain’s prominent online casino platforms. Through this partnership, KirolBet
Ontario’s regulated iGaming market has made significant economic strides, generating more than CAD$2 billion in revenue for the provincial government since its inception two years ago. According to a recent report by Deloitte, in its second year, Ontario’s competitive iGaming market (excluding the Ontario Lottery and Gaming Corporation’s iGaming offering) has sustained nearly 15,000 full-time
Bovada, an offshore and unregulated sportsbook and casino operator, has ceased operations in Michigan and Colorado. This decision comes after the respective gaming regulators in both states issued legal notices to the parent company, Harp Media B.V., demanding the cessation of its activities. Regulatory Actions in Michigan and Colorado The Michigan Gaming Control Board (MGCB)
Brazil’s Justice and Citizenship Commission (CCJ) has taken a significant step by approving a bill that legalizes casinos, bingo, jogo de bicho, and horserace betting. The bill, known as PL 2,234/2022, passed with 14 votes in favor and 12 against on June 19. Having been under consideration since 2022, it now advances to the Senate
Gambling has existed in some form for thousands of years, providing players with the excitement of taking risks for potential rewards. With so much time to develop, it’s no surprise that the gambling landscape has changed dramatically over time. Today, we have the luxury of choosing from traditional gambling at brick-and-mortar casinos and online gambling,
As summer heats up, so does the collaboration between Hacksaw Gaming and Newgioco, signaling an exciting new chapter in the Italian iGaming landscape. This partnership introduces some of Hacksaw Gaming’s most popular and innovative titles to Newgioco’s platform, promising players an exhilarating and fresh gaming experience. A Promising Partnership Newgioco, a leading leisure betting technology
IdPair, Inc., a leading provider of safer gambling technology, is gearing up to introduce free self-exclusion assistance across Colorado, Iowa, Michigan, and Tennessee starting this August. This initiative marks the inaugural phase of the National Voluntary Self-Exclusion Program (NVSEP), aimed at streamlining access to self-exclusion services for individuals across multiple jurisdictions. Free Remote Notary Services
In his recent column, Tom Waterhouse from Waterhouse VC delves into the burgeoning opportunity of crypto wagering and how operators can distinguish themselves in an intensely competitive landscape. Waterhouse underscores the quote by Steve Jobs, stating, “Innovation is the ability to see change as an opportunity, not a threat.” He highlights that the wagering industry