Romania’s Gambling Sector Faces Major Shutdown Without Council Action, Industry Federation States

Romania’s Gambling Sector Faces Major Shutdown Without Council Action, Industry Federation States

Key Moments: FEDBET warned on November 9 that up to 80% of Romania’s authorized slot venues could exit the market by the end of 2026 due to inaction by local authorities. By November 1, the number of authorized slot machines had fallen from 43,306 in March to 15,579; projections indicate a further drop to 9,096 by January 2027 unless councils intervene. FEDBET anticipates total sector losses could reach €320 million by year-end, following significant declines in gambling tax revenue and estimated job cuts affecting 8,500 positions. Sector Turbulence Amid Licensing…

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Gibraltar Steps Up as Europe’s Hub for Regulated Prediction Markets

Gibraltar Steps Up as Europe’s Hub for Regulated Prediction Markets

Key Moments: Prediction Markets Summit Europe convened in Gibraltar, drawing legal, compliance, and regulatory experts Gibraltar’s dedicated prediction market regulations took effect on July 13 under the Gambling Act 2025 Regulators from nine European countries have pledged coordinated action against unauthorized prediction market platforms Date Event 10 November Prediction Markets Summit Europe opened in Gibraltar 13 July Prediction Market Regulations 2026 went into effect in Gibraltar June Regulators from nine countries signed a joint declaration to combat unauthorized prediction market platforms Gibraltar Positions Itself as a Leader in Prediction Markets…

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Ohio’s Online Casino Expansion on Hold as Leadership Change Nears

Ohio’s Online Casino Expansion on Hold as Leadership Change Nears

Key Moments: However, Ohio’s two online casino bills will not advance before the 136th General Assembly finishes next month. Meanwhile, Governor-elect Amy Acton expressed willingness to consider iGaming if state leaders institute proper regulatory and public health safeguards. Additionally, House Bill 298 proposed a 28% tax on online casino revenue through partnerships with existing casinos and racinos. Ohio Legislative Session Sees No Movement on iGaming Proposals Two key pieces of online casino legislation remain in the Ohio General Assembly. However, neither bill will progress as the 136th session wraps up…

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