Author: newsnet5

Introduction to India’s Revised Taxation on Gambling The Indian government has introduced a substantial 40% “sin tax” on gambling and other luxury goods, marking one of the largest increases within the country’s goods and services tax (GST) framework. This sudden hike has led to a sharp decline in industry stocks, as investors worry that the […]

Grand Opening of Lake Mac Casino Resort and Racetrack Elite Casino Resorts, collaborating with Nebraska entrepreneur Brian Becker, is set to launch the much-awaited Lake Mac Casino Resort alongside a permanent 5/8 mile Quarter Horse racetrack on August 19. Event Details and Initial Offerings The venue will open its doors at 1 PM MDT, followed […]

Renewed Collaboration Between Sportradar and Bundesliga International Sportradar Group, a leading provider of sports data, has announced the renewal and enhancement of its longstanding partnership with Bundesliga International, the soccer portal managed by DFL Deutsche Fußball Liga. This collaboration, ongoing since 2005, is set to bring fans closer to the game through new digital innovations. […]

NBA and NBPA Respond to Growing Concerns Over Prop Betting The National Basketball Association (NBA) and its players’ union, the National Basketball Players Association (NBPA), have voiced their support for implementing stricter controls on proposition (prop) betting. This move comes in light of recent scandals involving gambling that have greatly impacted the professional basketball community. […]

Justin Bieber Lookalike Stuns Wynn Las Vegas Crowd Dylan Desclos, a 29-year-old impersonator from France, amazed staff and visitors at Wynn Las Vegas by convincingly posing as pop star Justin Bieber. His performance fooled both the audience and venue employees before he was eventually discovered and removed from the club. How the Impersonation Unfolded at […]

Ghana Implements Mandatory Biometric Verification for All Gambling Activities The Ghana Gaming Commission has introduced a significant change to the gambling industry by mandating biometric identification for every bet placed within the country. This new rule applies to all forms of gambling including online and physical sportsbooks, casinos, and promotional games. Alongside recent tax reforms, […]

VGCCC Issues Reprimand to Crown Resorts for Gambling Rule Breaches The Victorian Gambling and Casino Control Commission (VGCCC) has formally reprimanded Crown Resorts, a major player in the casino and hospitality sector, for failing to adhere to the state’s gambling regulations. Specifically, Crown Melbourne was found to have breached the mandated requirements designed to minimize […]

Betr’s Pursuit to Acquire PointsBet Betr Entertainment has been actively attempting to acquire PointsBet, a sports betting company operating in both Australia and Canada. However, the competition to gain control of PointsBet has intensified with MIXI Australia, a division of the Japanese technology company MIXI, also expressing a strong interest in acquisition. This rivalry has […]

UKGC Proposes Updates to Align with New Consumer Protection Laws The UK Gambling Commission (UKGC) has initiated a consultation process to gather feedback on its suggested changes to the Licence Conditions and Codes of Practice (LCCP). These proposed modifications are intended to ensure compliance with the upcoming Digital Markets, Competition and Consumers Act 2024 (DMCC […]

Choosing the Right Investors to Shape Your iGaming Venture Deciding between angel investors and venture capitalists (VCs) is a pivotal moment that can strongly influence the future of your iGaming start-up. This choice often sets the tone for how your business will develop and grow. Understanding the Funding Landscape Imagine your iGaming company is gaining […]