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OPAP reports 3.6% decline in Q3 2023 Market analysisGreek gaming operator OPAP's gross gaming revenue (GGR) for the third quarter of 2023 was €481 million. This follows from the financial report of Greece's leading gambling company.November 23, 2023
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National Lottery Trust Fund to be audited in Nigeria Regulation NigeriaIn Nigeria, the House of Representatives Committee on Finance is organizing a probe of the National Lottery Trust Fund over off-budget expenditure by the management.November 22, 2023
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Tax on sports betting in Brazil is proposed to be reduced to 12% Regulation BrazilThe tax rate on income from betting in Brazil may be reduced to 12%. The corresponding bill is under consideration in the Senate of the South American state.November 21, 2023
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New Jersey gambling revenue up 9% in October 2023 Market analysisGross gaming revenue (GGR) of casinos, racetracks and online operators in the US state of New Jersey reached $487.1 million in October 2023. This was reported in the monthly report of the New Jersey Division of Gaming Control (DGE), published recently.November 20, 2023
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Mexican government banned slot machines Regulation Latin AmericaMexico has banned the installation of slot machines in casinos and gaming halls. The corresponding resolution was published last Thursday in the official gazette of the Federation.November 19, 2023
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US gaming revenue grew 6% in Q3 2023 Market analysisGross gaming revenue from slot machines, table games and sportsbooks at land-based casinos, as well as online bets made in the United States in the third quarter of 2023 was $16.178 billion, according to a recently released report from the American Gaming Association (AGA). which provides data for 33 states and the District of Columbia.November 18, 2023
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Australian House of Representatives passes bill banning use of credit cards for online gambling RegulationThe House of Representatives of the Federal Parliament of Australia recently passed a bill that would ban the use of credit cards for online gambling. Operators who fail to enforce the ban will face fines of up to 234,750 Australian dollars ($164,770)November 17, 2023
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South African government aimed at cracking down on tax evasion related to cryptocurrency Cryptocurrencies South AfricaThe South African government has passed a new law aimed at cracking down on tax evasion related to cryptocurrency and NFT trading.November 16, 2023
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Kenyan Gambling Control Bill introduces new regulator Regulation KenyaA bill introduced in parliament this week proposes establishing a new gambling regulatory authority to oversee Kenya's betting and gambling industry.November 16, 2023
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Nigerian government proposed a new tax scheme on sports betting Nigeria RegulationThe Nigerian government has proposed introducing a new tax scheme on sports betting activities such as football, basketball, tennis and others.November 15, 2023