UK Government’s Proposed Gambling Tax Increases Spark Warnings of Economic Fallout

UK Government’s Proposed Gambling Tax Increases Spark Warnings of Economic Fallout

Key Moments: The Betting and Gaming Council (BGC) has warned that raising UK gambling taxes could remove £3.1bn from the economy and put up to 40,000 jobs at risk. A report by EY-Parthenon, commissioned by the BGC, outlined several tax hike scenarios, with some potentially increasing black market activity by £400m. Retail gambling operators have indicated possible closures of hundreds of betting shops if higher duties are introduced. Economic Risks Surface Ahead of Budget Announcement The Betting and Gaming Council (BGC) has cautioned that proposed increases to UK gambling taxes…

Read More

Super Group Unit Penalized by New Jersey for Responsible Gaming Failures

Super Group Unit Penalized by New Jersey for Responsible Gaming Failures

Key Moments: The New Jersey Division of Gaming Enforcement imposed a $112,188.96 civil penalty on Digital Gaming Corporation for responsible gaming violations. Between March 2024 and January 2025, self-excluded individuals were not promptly added to the state’s Self-Exclusion List, letting them continue to gamble. DGC also allowed players to exceed their own deposit limits in June and July 2025, further breaching responsible gaming standards. Regulatory Findings The New Jersey Division of Gaming Enforcement (DGE) identified multiple responsible gaming compliance failures at Digital Gaming Corporation (DGC), a subsidiary of Super Group.…

Read More

Romania Launches Comprehensive Strategy to Address Teen Gambling Risks

Romania Launches Comprehensive Strategy to Address Teen Gambling Risks

Key Moments: Romania’s Ministry of Education and Research has introduced a national plan targeting gambling and addiction among youth. The initiative builds upon findings from the 2024 ESPAD report linking digital habits to risky behaviors. Collaboration across schools, families, local authorities, and civil society organizations forms the backbone of the new strategy. Strategic Focus on Prevention and Education Romania’s Ministry of Education and Research has therefore taken decisive action to combat gambling and addiction issues affecting teenagers. At the same time, this approach places coordination at its core, focusing on…

Read More

Macau’s Casino Transformation Accelerates as Two Satellite Venues Cease Operations

Macau’s Casino Transformation Accelerates as Two Satellite Venues Cease Operations

Key Moments: Emperor Palace and Waldo Casino have been approved for closure by Macau’s gaming authorities. SJM Resorts and Galaxy Entertainment Group will relocate gaming assets and retain employees following the shutdowns. The closures coincide with Macau’s push to restructure casino operations under revised gaming laws. Two Long-Standing Satellite Casinos Prepare to Exit the Scene This week, Macau’s gaming sector enters a new era as two iconic satellite casinos, Emperor Palace and Waldo Casino, shut their doors. The closures signal another major move in the city’s evolving approach to its…

Read More

Wazdan Rolls Out €6 Million Prize Pool with Halloween Promotion

Wazdan Rolls Out €6 Million Prize Pool with Halloween Promotion

Key Moments: Wazdan has introduced a Halloween Mystery Drop network promotion featuring a €6,000,000 (US$6.97 million) prize pool. The event runs from October 24 to November 2 and incorporates the Mystery Drop mechanic, allowing players to choose from 9 mystery boxes for instant winnings. This initiative launches a sequence of three seasonal campaigns, with upcoming Christmas and Valentine’s promotions planned. Event Launch and Mechanic Details Wazdan has unveiled its latest network promotion: the Halloween Mystery Drop, boasting a substantial €6,000,000 prize pool. The event is set to take place from…

Read More

Instant Payouts in iGaming: Can the Industry Bridge the Speed Divide?

Instant Payouts in iGaming: Can the Industry Bridge the Speed Divide?

Key Moments: Industry experts have highlighted a persistent discrepancy between the speed of deposits and payouts within iGaming, with delays eroding trust and competitiveness. Compliance checks, regulatory uncertainty, and varied banking practices continue to slow instant withdrawal adoption across key markets. Since 9 October 2025, SEPA Instant payments have become mandatory for euro area providers, accelerating the push for real-time payments. The Ongoing Struggle for Instant Withdrawals Within the iGaming sector, a notable imbalance exists: deposits are processed nearly instantly, while withdrawals often encounter significant delays. Yaspa CTO Toby Sucharov…

Read More

Kambi Strengthens Dutch Market Position Through Holland Gaming Technology Deal

Kambi Strengthens Dutch Market Position Through Holland Gaming Technology Deal

Key Moments: Kambi Group plc entered a multi-year agreement to deliver its Turnkey Sportsbook solution to Holland Gaming Technology Ltd via Holland Power Gaming. Kambi reported an 11.5 percent year-on-year revenue decline for the second quarter of 2025, posting €40.5 million in revenue. The company recently named Michelle Unsworth as Chief People Officer, expanding its global leadership team. Strategic Expansion in the Netherlands Kambi Group plc has broadened its reach within the regulated gambling sector of the Netherlands by entering a multi-year partnership with Holland Gaming Technology Ltd. Through this…

Read More

Bloomberry Exits South Korea After Jeju Sun Casino Sale

Bloomberry Exits South Korea After Jeju Sun Casino Sale

Key Moments: Bloomberry Resorts Corp has confirmed the planned sale of Jeju Sun Hotel & Casino in South Korea. The transaction awaits due diligence, regulatory approval, and completion of a demerger, with a KRW500 million (US$348,820) down payment made. Jeju Sun continued to post losses, including a PHP64.2 million net loss in Q2 2025, prompting Bloomberry to refocus on its Philippine operations. Strategic Withdrawal from Jeju Sun Casino Bloomberry Resorts Corp has announced its intention to sell Jeju Sun Hotel & Casino, signaling an end to its South Korean venture…

Read More

Isle of Man GSC Moves Forward With Overhaul of Gambling Regulations

Isle of Man GSC Moves Forward With Overhaul of Gambling Regulations

Key Moments: The GSC has prepared new legislative reforms after mostly positive public consultation. The changes target seven main laws. The GSC will present them to Tynwald in October, aiming for implementation in 2026. The reforms give the GSC stronger investigatory powers. They also clearly separate industry promotion from regulation. Advancing Regulatory Uniformity The Isle of Man’s GSC will make significant changes to the gambling legal framework. After a public consultation, the GSC aims to standardize regulatory powers across all gambling laws. The plan is to bring the proposals before…

Read More

Star Entertainment Charts Course Toward Stability Amid Losses and Oversight

Star Entertainment Charts Course Toward Stability Amid Losses and Oversight

Key Moments: Star Entertainment reported a 29.2% decline in revenue to AU$1.19 billion in FY25 Statutory net loss improved significantly from AU$1.69 billion in FY24 to AU$472 million Bally’s made a AU$300 million investment as the company revamped its executive team Financial Performance Reflects Recovery Efforts Star Entertainment’s annual report for FY25 paints a picture of a company focused on recovery and survival. With revenue dropping by 29.2% to AU$1.19 billion, and EBIT shifting from a profit of AU$54 million to a loss of AU$142 million, financial challenges remain at…

Read More