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Tag Archives: gambling

Ireland Considering Major Gambling Tax Reforms

The Irish Department of Finance is taking a hard look at how it taxes the gambling industry. In particular, the Department is reviewing how the gambling tax reforms it introduced in 2015 are holding up. Reports indicate that the review is part of the normal workflow at the Department, but …

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Legal Gambling Yields Huge Dividends for South Korean Government

Regulated gambling is a big business is a massive business in South Korea and the government is benefiting from it to the tune of $ 3,6 billion a year. That’s the gist of an analysis of National Gambling Control Commission records by the Korean Taxpayers Association. The numbers paint a picture …

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MGM Set to Enter New Jersey Online Gambling Market

MGM Resorts and GVC Holdings are pairing up on a deal to bring the MGM brand to the burgeoning New Jersey online gambling market. The new brand will be operating under the name playMGM and is scheduled to begin operations sometime this year, according to a press release from MGM. …

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Surprise! Nevada is America’s Most Gambling Addicted State

What is the US State that’s most addicted to gambling? The answer to this one seems pretty obvious to the layman and if you guessed Nevada, you’re right on the money. According to a recent study by WalletHub, a financial information firm, Nevada residents are more likely than any of …

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New Jersey Online Gambling Posted Record Revenue in March

New Jersey’s rapidly growing online gambling industry posted record revenue during for March, 2017. That success, in turn, boosted the overall revenue of Atlantic City casinos, just like the system was supposed to work in the first place. The good news from the Garden State was released on Wednesday by …

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Gambling on Chaos: Paddy Power Seeks Trump Expert

The American political system is in chaos and Paddy Power is looking for the right political handicapper to help them wade through the mess. Late last week, the Irish bookmaker listed a job opening for a Trump expert to handle all their Trump-related wagering. Anyone who is interested in the …

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Betfair Pulls Out from Polish Online Gambling Market

Betfair has announced that it will be exiting the Polish online gambling market. The move comes in the wake of a new regulatory scheme for operators that’s designed to crush the country’s thriving grey market gambling scene. The company’s exit comes just days before the Polish government enacts a new …

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Government Report: Sweden Must Jettison Online Gambling Monopoly

A new report from the Swedish government suggests dismantling Svenska Spel, the government owned gambling and online gambling monopoly. The document also outlines a plan for bringing Sweden-facing gray market operators into the regulated market with a minimum amount of obstacles. Among the recommendations put forth by the report, which …

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Caesars Ready to Try Out Skill-Based Gambling Machines in Vegas

What will it take for the gambling industry to connect with younger customers and insure a future that doesn’t fizzle out when Baby Boomers head to the grave? If recent efforts by Caesars Entertainment and Gamblit Gaming are any indication, that effort involves skill-based gambling machines that fuse together elements …

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PAGCOR Set for New Round of Offshore Gambling Licenses

Philippines Gaming and Amusement Corporation (PAGCOR) chief Andrea Domingo is getting ready to review a new round of Philippines Offshore Gaming Operator (POGO) license to home grown gambling operators. The announcement came during a fiery keynote address and news conference at the ASEAN Gaming Summit in Manila this week. During her …

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