Nevada board gives initial approval to IGT-Everi megadeal

Nevada board gives initial approval to IGT-Everi megadeal Summary The Nevada Gaming Control Board has given initial approval for a significant merger between IGT and Everi, marking a pivotal moment in the gaming industry. This $6.3 billion deal could be finalised by the end of the month, reshaping the supplier sector. Source: https://ct.moreover.com/?a=56972470053&p=14e&v=1&x=eskaZWULVo0KgImtzX7VaQ&u1=ND&u2=up-urn:user:PA191813171 Key Points […]

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Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’

Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’ Summary Russian lawmakers are proposing a new tax aimed at assisting the treatment and prevention of gambling addiction. The initiative, introduced by Artem Metelev, Chairman of the State Duma’s Youth Policy Committee, suggests that a portion of bookmakers’ revenue should be allocated for […]

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Report finds regulation of NSW gaming machines ineffective in supporting harm minimization outcomes

Report finds regulation of NSW gaming machines ineffective in supporting harm minimization outcomes Summary A report by the NSW Auditor-General reveals that the state’s efforts to regulate gaming machines are falling short of effectively minimising gambling-related harm. The 47-page report highlights several issues, including the slow reduction of gaming machine numbers, inadequate communication, and poor […]

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Nevada board gives initial approval to IGT-Everi megadeal

Nevada board gives initial approval to IGT-Everi megadeal Summary The Nevada Gaming Control Board has granted initial approval for one of the largest corporate mergers in the gaming supplier sector, a move that could significantly reshape the industry. Apollo Global Management’s proposed $6.3 billion acquisition of International Game Technology (IGT) and Everi Holdings could close […]

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Italy Gaming Reforms to Slash iGaming in Half

Italy Gaming Reforms to Slash iGaming in Half Summary The Italian government is set to implement reforms that will significantly reduce the number of iGaming operators in the country. A recent tender process indicated that the number of operators could plummet from 81 to just 33 as stricter entry requirements take effect, aligning with governmental […]

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Colombia’s National Tax and Customs Authority drafts new tax measures to regulate online gambling

Colombia’s National Tax and Customs Authority drafts new tax measures to regulate online gambling Summary The National Tax and Customs Authority (**DIAN**) of Colombia is drafting new tax regulations for the online gambling sector, in collaboration with the Ministry of Finance. This initiative aims to introduce specific taxes targeting cryptocurrencies and online gambling activities to […]

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Sun International to drive GrandWest footfall with R600m shopping centre

Sun International to drive GrandWest footfall with R600m shopping centre Summary Sun International is set to enhance the GrandWest Casino experience with a R600 million shopping centre, spanning approximately 22,000 m². This development, in collaboration with Flanagan & Gerard, aims to complement the existing mixed-use leisure and retail offerings at GrandWest. The shopping centre will […]

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Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’

Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’ Summary Russian lawmakers are proposing a new tax, termed the ‘Gambling Addiction Rehabilitation Tax’, aimed at funding treatments for those suffering from gambling addiction. Artem Metelev, Chairman of the State Duma’s Youth Policy Committee, indicated that discussions regarding this bill will take place […]

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Italy Gaming Reforms to Slash iGaming in Half

Italy Gaming Reforms to Slash iGaming in Half Summary Recent gaming reforms in Italy aim to significantly reduce the number of iGaming operators. This consolidation is seen as part of the government’s strategy to streamline and enhance the sector’s viability. Key Points The Italian government’s measures could cut the number of active iGaming operators from […]

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Colombia’s National Tax and Customs Authority drafts new tax measures to regulate online gambling | Yogonet International

Colombia’s National Tax and Customs Authority drafts new tax measures to regulate online gambling Summary The National Tax and Customs Authority (DIAN) of Colombia is gearing up to introduce a regulatory framework targeting the online gambling sector. This initiative is linked with a potential tax reform aimed at addressing fiscal gaps related to emerging economic […]

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