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Category: Gaming

888 Holdings acquires AAPN Gaming

16 Dec, 2018 888 Holdings acquires AAPN

888 Holdings, one of the world’s leading online gaming platforms and entertainers have just announced the signing of an agreement, which states the acquisition of remaining 53% interest in the All American Poker Network (AAPN) for $28 million. The move comes as an important milestone in...

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Seven lottery parlours raided in Mumbai Gaming

16 Dec, 2018 Seven lottery parlours raided in Mumbai

A couple of days ago, a total of 7 online lottery parlours were raided by the Mumbai Police Crime Branch. The lottery parlours were all operating within the city. The framed parlours were all allegedly evading the Goods and Services (GST) tax by issuing hand-written lottery tickets inst...

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Stars Group granted Swedish Gaming License Gaming

12 Dec, 2018 Stars Group granted Swedish Gaming License

In recent times, Swedish gambling authority Lotteriinspektionen had updated the regulations in the online gambling market in Sweden. They had also released a statement saying that it had received 95 applications for gambling licenses from various companies around the world. As reported ...

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EFSS Gaming

09 Dec, 2018 EFSS successfully ended at SiGMA

In a recent article, Gutshot reported that the 2nd edition of European Fantasy Sports Summit (EFSS) will be hosted on the second day of Summit of iGaming Malta (SiGMA), the 29th of November, in the Mediterranean island country of Malta. The agenda was set for the discussion, which inclu...

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ONLINE1 Gaming

08 Dec, 2018 Several online gaming licenses issued in Sweden

Sweden recently had updated their regulations in the online gambling market. The new regulations will be in effect from 1st January 2019. The regulatory body of Sweden, called the ‘Lotteriinspektionen’ will be renamed to ‘Spelinspektionen’ (The Gambling Inspectorate) to reflect its expa...

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Europe Fantasy Sports to be Tackled at SiGMA Gaming

29 Nov, 2018 Europe Fantasy Sports to be Tackled at SiGMA

The nation of Malta is all set to host the second edition of the European Fantasy Sports Summit (EFSS), which will be presented and produced by the GamingMalta Foundation. The conference is all set to be held at 2pm local time on 29th November, which is the second day of the ongoing Sum...

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Sheldon Adelson Gaming

26 Nov, 2018 Sheldon Adelson – most influential in Asian gaming industry

In a recent development in the gaming industry, the Inside Asian Gaming (IAG) 2018 rankings for the most influential individuals in the Asian gaming industry were announced at the inaugural Asian Gaming Power 50 Gala Dinner. The dinner was held at Studio City in Macau on Friday night. S...

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Gaming

25 Nov, 2018 Malaysian VIP gaming tax likely to be set at 20%

The VIP segment in Malaysia will likely see a gaming tax of 20% implied on it, starting from Jan. 1, 2019. The news comes as a relief to the players involved in the industry, who feared a massive hike from its current level of 10% to 35%. Malaysian Finance Minister Lim Guan Eng announce...

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Gaming

17 Nov, 2018 AIGF writes to PMO for shutdown of offshore betting websites

The All India Gaming Federation (AIGF) is a non-profit organisation involved in policy advocacy, research, and also being a forum for discussion between the stakeholders of the gaming industry. They also hosted the inaugural ‘PRO SERIES’, an initiative with a focus on making people awar...

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Philip Hammond Gaming

30 Oct, 2018 40% tax hike for UK’s online gaming operators next year

On Monday, the UK’s Chancellor of the Exchequer Philip Hammond, confirmed that the Remote Gaming Duty (RGD) will increase from 15% to 21% as per the annual Budget. The discussion about this hike has been on since May this year and according to several industry experts, it was esti...

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