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Irish media has spread the word that the country’s Department of Justice has shown solid indications that it will progress a Gambling Control Bill, introduced back in 2013, through the government at the earliest possible opportunity. It was in 2011 when Irish lawmakers first announced plans to modernise the country’s obsolete gambling laws and to do that as quickly as possible. It then took almost two years for the above-mentioned Gambling Control Bill to be introduced by Alan Shatter, the then-Minister for Justice and Equality of the Republic of Ireland.…

It has been an event-filled year for the UK gambling industry as the local market has been growing to become among the largest ones. A new gambling giant was formed after months of trying to overcome regulatory obstacles, fears of fixed-odds betting terminals crackdown has been shrouding retail businesses all over the nation for months now, and a major gambling operator has been fighting demons that have been hitting its profitability severely. These are few of the top stories to have been covered broadly over the past year. More about…

A record total of 347 National Lottery players became millionaires this year, UK National Lottery operator Camelot Group has revealed. They all shared the amount of £862 million. In comparison, there were 341 lottery players to win a jackpot of over a million back in 2015. The highest Lotto jackpot generated this year totalled £66 million. It fell on 9 January to a Scottish family and a player who preferred to remain anonymous. The biggest jackpot scooped by a single player amounted to £35 million this year. It was in…

Tax (and possibly tough) times are coming for UK-facing gambling operators, as it became clear earlier this month that freeplays and other related incentives and comps offered to iGaming players will be taxed from 1 August 2017. Tax changes are probably the regulatory amendments most feared by gambling companies because they often come as a big hit to their profits. This will certainly be the case with the taxable treatment with freeplays. At a rough estimate, the amount of £345 million is expected to be generated in freeplays taxes from…

Considering the increased scope of the British online gambling market and its great appeal to local customers, virtual currencies have become a matter of importance to both online gambling operators and their clients. This is exactly the reason why a few months ago the UK Gambling Commission (UKGC) issued a special discussion paper focused on virtual currencies, eSports and social gaming. The British gaming regulatory authority revealed that it was looking for opinions on crucial matters related to the above-mentioned issues in order to get a better perspective of the…

The UK Gambling Commission (UKGC) revealed that UK-licensed gambling operators will face a new fee structure in the industry. As announced by the UKGC, the new fee structure is to be officially released on April 6th, 2017. The Commission published a notice on its website, providing more details on the results of its consultation with the Department for Culture, Media and Sport over the proposed license fee structure mentioned above. As a result, more than 1,900 companies would benefit from the fees, as their tax payments would be reduced. However,…

The Malta Gaming Authority (MGA) has granted the gaming service provider Gaming Innovation Group Inc.’s subsidiary BettingCloud Ltd with a Class 4 Remote Gaming License. Basically, this is a business-to-business supplier license that is to provide the company’s affiliate to offer other licensed operators its sports betting product. The Chief Executive Officer of Gaming Innovation Group Robin Reed commented on the newly-acquired license, describing it as a major milestone for the company on the sports betting vertical. He explained that Gaming Innovation Group was to still branch out in the…

The UK-based gaming technology company Pariplay Ltd revealed that it has inked a partnership agreement with World Lottery Club, which is currently operated by Annexio Limited. Under the terms of the deal, the British company which serves various land-based casinos as well as iLotteries and iGaming operators is to see its entire portfolio go live with the Isle of Man-based international lottery betting brand. As mentioned above, the full product suite of branded and original online scratch cards of Pariplay will be integrated with the current online offering of World…

The performance marketing company Catena Media, which operates on the territory of Malta, the UK and Serbia, revealed that it has recruited a new Group Chief Financial Officer. The position was occupied by Claes Wenthzel, who has a vast experience from working at similar positions at a number of companies. The new Chief Financial Officer is to take offer the position in January 2017. The appointment is considered as an important step for the Malta-headquartered company in its way to moving its common share to Nasdaq Stockholm. The Chief Executive…

UK-based leading gaming systems and solutions supplier Inspired Gaming Group revealed that it has inked a deal with Ladbrokes. Under the terms of the agreement, the HTML5 games are to go live with Ladbrokes, which will make them available to the latter’s online and mobile users. The Managing Director of Inspired Group’s Mobile operations Lucy Buckley commented on the deal that the agreement came to prove the efficiency of the company’s Virgo RGS technology. Ms Buckley shared that the high-quality games provided by Inspired were expected to become very popular…