FOBT Debate In Northern Ireland

Belfast City Council are set to debate plans to ask gambling companies to follow Ladbrokes’ example and cut the maximum stake for Fixed Odds Betting Terminals (FOBTs) across Northern Ireland.  The UK government introduced a statutory instrument in December to cut the maximum stakes from £100 to £2 from April. But while this will apply to FOBTs in England, Scotland and Wales, it does not apply to Northern Ireland, …

Banks Launch Anti-Gambling Controls

Three UK banks have followed the example of Barclays and have announced the launch of anti-gambling controls that work through mobile applications  Lloyds, Santander, and RBS have all developed payment-blocking functions that relate to transactions carried out in high street bookmakers and on online betting sites, offering problem gamblers more control and protection.   Their announcements follow Barclays launch of software that can block gambling transactions across all of its customer platforms. The …

Malta Updates Gambling Regulations

The Maltese Gaming Authority (MGA) has begun the first part of its plan to amend gambling regulations in the country to accommodate Virtual Financial Assets (VFA) and the use of Distributed Ledger Technology (DLT), also known as blockchain technology.   In the first stage of the plan, the MGA will be open to applications by gambling operators to use DLT technology, either directly or through third party companies, though the approval to take part …

Home Raffle Breaches Gambling Laws

A UK couple who had hoped to raffle off their home have been forced to end the competition after it was found that the raffle was in breach of gambling rules.   The couple, who live in Yorkshire, had sold tickets priced at £10 apiece with the price being their four-bedroom house, as they hoped to move closer to their son.   But the …

Scout Gaming Agrees Mexican License

Fantasy sports developer Scout Gaming Group has signed a Mexican licensing agreement with the Logrand Entertainment Group.   The licence, which will give Logrand the rights to use its complete fantasy sports platform, is regarded by Scout Gaming as an important strategic development.   It is expected that the Mexican operator will launch the Scout Gaming products on their Strendus brand during the first half of 2019, but before …

Gambling Operators Launch Andorran Lawsuit

Four of Europe’s leading gambling operators have launched a combined lawsuit against the Principality of Andorra over a recent casino licence award.   The group taking the legal action is made up of Casinos Austria, Genting Group, Partouche France and Grupo CIRSA, all of whom have alleged that there were irregularities in the process that led to the awarding of Andorra’s sole national casino licence …

Online Betting Taxes Hit Australian Operators in 2019

A range of new betting taxes is set to hit the profits of online gambling operators in the Australian market in 2019, as New South Wales, Victoria, Western Australia and the Australian Capital Territory introduce their new ‘point-of-consumption’ taxes on January 1.   The new taxes will focus on digital gambling losses where a bet is placed, rather than the location …

Wire Act Complicates Sports Betting Regulation

The US sports betting industry has grown dramatically since the striking down of the PASPA Act in May, but another, older piece of legislation may yet threaten the fledgling sector. Eight states have already acted to regulate sports betting, and many others are in the process of introducing a legal framework within their states, but …

Tabcorp Backed in TAB Sale

The Western Australian pub industry has backed Tabcorp in the race to take over the Western Australia (WA) TAB, which is being privatised by the WA government.   Tabcorp has emerged as one of three major players in the hunt for the WA TAB, along with Sportsbet – owned by Paddy Power Betfair – and Stars Group company BetEasy.   The WA …

Mississippi Casino Revenue Drops

The arrival of sports betting in the US state of Mississippi may be having a negative impact on the state’s casinos, according to the latest figures.  According to figures produced by the Mississippi Revenue Department, revenue for the casinos dropped in November, marking the first decrease in casino gambling takings since sports betting was legalised in the state. Mississippi was …