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40 Billion Rand Gamble: How Does the New South African Bill Reshape the Online Betting Life-and-Death Situation?

40 Billion Rand Gamble: How Does the New South African Bill Reshape the Online Betting Life-and-Death Situation?

The South African Parliament is about to deliberate the "Remote Gambling Bill," which is stirring up a storm in this 40 billion rand grey industry.Toby Chance, the Democratic Alliance spokesperson for trade affairs, revealed an absurd reality in an interview: while sports betting can be legally plac

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Georgian Online Gambling Law Evolution and Market Overview Analysis

Georgian Online Gambling Law Evolution and Market Overview Analysis

In recent years, Georgia has gradually become one of the emerging gambling markets that has attracted external attention. This small country, located at the junction of Europe and Asia, has attracted a large number of local and international gambling operators due to its open legal environment, flex

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Romanian Online Gambling Market Comprehensive Analysis: Legal Development and Industry Status

Romanian Online Gambling Market Comprehensive Analysis: Legal Development and Industry Status

As one of the countries in Eastern Europe with an early development and mature system in the gambling industry, Romania has emerged in the global online gambling field in recent years, attracting a large number of international gambling companies to enter its market.From the early grey operation sta

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Slovak online gambling revenue grows by 30%, physical gambling revenue expected to decline by 2025.

Slovak online gambling revenue grows by 30%, physical gambling revenue expected to decline by 2025.

The Slovak Gambling Regulatory Authority (URHH) states that physical gambling revenue is expected to decline by 2025, as online gambling revenue will increase by 30% in 2024, reaching nearly 476 million euros.URHH has released its annual report, outlining the revenue, sales, and tax income of the ga

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The American Gaming Association (AGA) emphasizes that by 2024, a record growth will be achieved, with Native American tribal gaming revenues exceeding 38.4 billion euros.

The American Gaming Association (AGA) emphasizes that by 2024, a record growth will be achieved, with Native American tribal gaming revenues exceeding 38.4 billion euros.

The American Gaming Association (AGA) held a webinar to discuss the gaming industry's financial performance for 2024, which included a total gaming revenue (GGR) of $71.9 billion (€69 billion), a year-over-year increase of 7.5%. Despite AGA celebrating the continued growth, President and CEO Bill Mi

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Colombian regulators block 10,000 illegal gambling websites and social media ads.

Colombian regulators block 10,000 illegal gambling websites and social media ads.

The Colombian gambling regulatory authority Coljuegos has blocked 10,000 websites and social media profiles offering illegal betting in its latest crackdown on the black market.In a press release, Coljuegos stated that a large number of these websites have been blocked because they were offering gam

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World Gambling Association's new report calls for differential tax rates

World Gambling Association's new report calls for differential tax rates

The World Tote Association has released a new report suggesting that betting should be taxed differently from other forms of gambling. The report states that the racing pools play a crucial role in the sustainability of the sport.The report, authored by Martin Pubrick, is titled "Betting and Horse R

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Montenegro plans to tax gambling profits.

Montenegro plans to tax gambling profits.

The government of Montenegro has proposed a 15% tax rate on gambling profits as part of its financial strategy. This tax is expected to bring in an additional five million euros annually, helping to offset the revenue loss from reduced pension insurance contributions. However, the proposal has faced

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Online gambling is officially legal in many countries around the world! Learn what GGR is in advance

Online gambling is officially legal in many countries around the world! Learn what GGR is in advance

Online gambling was officially legalized in Colombia in 2016 In 2023, online gambling will be officially legal in PIGO, the Philippines In 2024, the Brazilian President signed a presidential decree to legalize online gambling According to data from PASA, the No. 1 get-rich-quick industr

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