| Shopping cart is empty. |
After almost two decades the online sector’s share of global gambling is around 10%-11%. A few factors have influenced this market share. First, online gambling’s rise coincided with the growth of Macau as a land-based casino market. Second, various gambling sectors in the USA e.g. lotteries have not been able to offer online activities for much of those two decades. There last few years in the US brought some hope that the situation might be changing but the new opinion on the Wire Act by the Department of Justice in 2019 throws some doubt on that. Read More
Investors in betting companies with UK-exposure had a dire year in 2018, almost entirely due to Government intervention. The stakes on Fixed Odds Betting Terminals (FOBTs) will be reduced to £2 in April 2019, accompanied by a 6-percentage point tax increase for internet gaming, and a plethora of regulation bringing forth new fines. Read More
Changes to the Italian gambling tax regime are becoming as much a part of the New Year celebrations as champagne and fireworks. But operators in Italy will not be welcoming in 2019 because the tax increases introduced will cost them tens of millions of Euros. Italy, however, is not alone amongst the key European gambling markets where licence holders could face more testing conditions this year. Read More
