Many sports federations warned that the recently-introduced by President Uhuru Kenyatta legislation, aiming to double up taxation on betting companies to 35%, may damage the betting industry in Kenya, vexing operators to leave the local gaming market and never look back again. A number of organizations and federations, which are […]
Author: Daniel Thompson
Betting Gods Sets Up Home in Malta
The formerly UK-based sports betting platform Betting Gods Ltd. officially announced that it finished the process of its relocation from the UK to Malta on 31st July 2017, aiming to further expand its operation. The professional sports betting network Betting Gods Ltd. started the process of its relocation in December […]
Japanese Officials to Hear Public Opinion on Casino Resort Policies
The Japanese government is to hold public hearings in 9 cities across the country, aiming to explain the policy, which is to regulate the nascent casino industry and allow nationals to express their opinion on the matter. From 17th to 29th August a special committee, appointed by the government to […]
New Jersey Daily Fantasy Sports Bill Approaches Finish Line
The introduced legislation, which seeks to regulate the daily fantasy sports (DFS) contests in the New Jersey seems to move a step forward. After the State Senate voted in favor of the bill on 30th June, now the piece of legislation is at Governor Chris Christieâs desk, waiting for his […]
Lottery Commission Agrees on Casino License Amendment to Extend Construction Deadline
On Monday, 31st July, the Lottery Commission approved Imperial Pacific Internationalâs (IPI) request to amend their casino license agreement, aiming to win more time for the completion of its Phase One and Phase Two of the project. In return, the company promised to secure a stable revenue for the Community […]
Japanese Advisory Panelâs Tough Restrictions May Lead to Casino Investorsâ Pushback
After a meeting on Monday, 31st July, a key Japanese government panel suggested a whole package of harsh restrictions on the operation of the upcoming casino industry in Japan, which might vex and even push back the casino operators, who are eager to invest loads of money in establishing a […]
Executive Director of Bermuda Casino Gaming Commission Voluntarily Leaves Office
The regulatory body Bermuda Casino Gaming Commission (BCGC) officially announced Executive Director Richard Schuetzâ decision to resign from his post due to âpersonal and professional reasonsâ. The gambling regulator Bermuda Casino Gaming Commission released an official statement, in which it confirms that Executive Director Richard Schuetz steps down from his […]
Vietnam Relaxed Restrictions Enhance Casino Industry
The real estate services company JLL admired Vietnamese officials for their strategy to speed up the development of the casino industry and curb illicit practices by allowing locals to gamble at Vietnam-based gambling venues. JLL team of experts reported that Vietnam witnessed a considerable growth in the economy due to […]
Canberrans Approve Tighter Pokies Reform
The local media Canberratimes reported that nearly 80% of the Canberrans supported a major reform in the gaming industry, which seeks to introduce a restriction on gaming machine expenditure to help problem gamblers. The results from a recently conducted poll regarding gaming issues pointed out that most of the Canberrans […]
Gambling Enters Pennsylvaniaâs Revenue Package
Pennsylvaniaâs lawmakers already introduced a $32 billion budget plan, but now the officials are facing the biggest problem to fund it, as the state run into deep financial troubles some time ago. To figure out the revenue package supposed to fund the government, lawmakers agreed on including the controversial gaming […]