The Online Gambling has registered consistent growth and is one of the most lucrative businesses today. According to stats, online gambling’s total revenue is expected to rise to USD94.80 billion by 2024. There is no better time to set up an online gambling company.
illegal online gambling in the country and added a number of sites to its blacklist of unlicensed operators.
The Irish government has issued a new law to regulate the gambling industry after Justice Department Secretary of State James Browne launched the new bill last week. The new law aims to include older laws, which have been described as “outdated”, some of which date back to the 1930s.
The liberal legislation and competitive tax policy of the Isle of Man make it a very attractive jurisdiction for online gambling businesses. The Isle of Man gambling license is a true quality mark for an online casino, which makes it highly desirable among operators. Gambling in the Isle of Man The Isle of Man is located between England and Ireland and is known, in addition … Continue
Obtaining an online gambling license is an important step in opening an online casino or sports betting business. Although some operators consider the application process to be complex and daunting, it is important to note that the long-term benefits of a license far outweigh the investment in money and time.
The European Lotteries (EL), representing national lotteries across Europe, has issued a firm call to action—urging the European Union to remove references to online gambling and betting services from the proposed Digital Services Act (DSA). Introduced in December 2020, the DSA seeks to modernize the EU’s 20-year-old e-Commerce Directive, setting new rules for how digital services—including content hosting, marketplaces, and platforms—operate across the Union. However, … Continue
To choose the perfect jurisdiction for gambling initiation, you need to consider a lot of things, such as licensing costs, tax, stability, and the general business environment. Although many entrepreneurs will automatically think of conventional locations such as the UK, the Isle of Man, or Malta, there are other licensing jurisdictions, but the benefits and stakes vary considerably. With over 17 years of gambling experience, … Continue
It is illegal to operate an online casino in Canada without a license, however, it is perfectly safe and legal for Canadians to play at any offshore casino. It is estimated that by 2023 global revenues from the gambling industry will reach 525 billion US dollars. Online gambling and betting account for a significant portion of this revenue with a market estimate of $ 66.72 billion … Continue
Following a request from the gambling industry, Spelinspektionen, the Swedish gaming regulator, has published new guidelines for online gambling operators on how to combat money laundering and terrorist financing. Spelinspektionen issued summaries of the risks of financial offenses, relevant legislation, obligations of operators, and best practices in the document. As the executive director of Spelinspektionen, Camilla Rosenberg said that “The gaming industry is a risky … Continue
The new Ukrainian regulations on responsible gambling came into force in September, after they were approved by the country’s Ministry of Justice on August 11 by a decision. The country’s regulator, the Gambling and Lottery Regulatory Commission (KRAIL), published the rules for the first time in June. The rules include restrictions on bonuses for existing players. Operators must “refrain from offering players bonus payments and/or … Continue
