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In a pivotal step towards modernizing its gambling sector, the Paraguay Chamber of Deputies has approved a bill that marks the end of the country’s state-run gambling monopoly. The reform, passed on December 17, 2024, introduces sweeping changes aimed at liberalizing the market, allowing private operators to enter the industry for the first time. Dismantling
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The American Gaming Association (AGA) has announced that US commercial gaming revenue is projected to exceed $67 billion in 2024, marking the fourth consecutive year of record-breaking growth for the industry. The forecast comes on the heels of an impressive third quarter, which saw gaming revenue reach a historic $17.71 billion—the highest Q3 total ever
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Italy has officially launched a new licensing framework for online gambling, finalizing the first phase of its gambling sector reorganization in 2024. The new licensing structure, which was documented in the EU’s Official Journal, enables operators to obtain nine-year concessions at a significantly higher fee of €7 million per license. This initiative reflects Italy’s effort
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Uzbekistan is set to introduce a legal framework for online gambling, lotteries, and betting activities starting January 1, 2025. The Cabinet of Ministers approved the regulations on December 6, publishing them on December 12, following a presidential decree from April. This marks a significant shift in the country’s gambling laws, granting the National Agency for
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Michigan’s gaming industry reached unprecedented heights in November 2024, with a record $284.3 million in combined internet gaming (iGaming) and sports betting gross receipts. This figure, reflecting a 12.1% increase from October, was announced by the Michigan Gaming Control Board (MGCB). The strong performance highlights the continued growth of Michigan’s regulated gaming sector. iGaming gross
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The Malta Gaming Authority (MGA) has published its Interim Performance Report, covering regulatory milestones and industry trends for the first half of 2024. The report provides an in-depth review of licensing activity, compliance enforcement, and the economic contribution of the gaming sector to Malta. Regulatory Achievements and Oversight The MGA continued to reinforce its oversight
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Curaçao has passed the long-awaited National Ordinance for Games of Chance (LOK), marking a transformative shift in the island’s online gambling regulations. Approved by 13 votes to 6, the bill is expected to overhaul the jurisdiction’s gaming sector, enhancing oversight and boosting its global reputation. A New Era for Curaçao’s Online Gambling Industry The passage
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The Dutch government is preparing a significant revision of its gambling policy, with plans to present the updated framework to the House of Representatives by March 2025. Teun Struycken, the Dutch minister for legal protection, revealed this initiative in response to parliamentary questions, highlighting the need for changes in both the online and land-based gambling
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The European Gaming and Betting Association (EGBA) has officially welcomed LeoVegas Group as its newest member. This collaboration aims to advance safer gambling practices, promote responsible advertising, and ensure compliance with EU regulations, including anti-money laundering (AML) measures. Enhancing Safer Gambling Across Europe LeoVegas, a leader in the online gambling industry, will participate in EGBA’s
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Capecod, a prominent provider and aggregator within the Greentube Group and part of the NOVOMATIC Digital Gaming and Entertainment division, has announced a strategic partnership with Ainsworth Game Technology. This collaboration brings the renowned gaming provider’s content to the Italian market, further enhancing Capecod’s position as a leader in localized gaming solutions. The partnership increases
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Caleta Gaming has solidified its position as a leader in the gaming industry, becoming the first Brazilian game development provider to achieve certification for the country’s newly regulated market. This milestone, granted by Gaming Laboratories International (GLI), affirms that Caleta Gaming’s Random Number Generator (RNG), Remote Gaming Server (RGS), and select game titles meet Brazil’s
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Florida’s Gaming Control Commission (FGCC), in collaboration with law enforcement agencies in Brevard and Volusia counties, has taken decisive action against illegal gambling operations. This crackdown led to the closure of five unauthorized casinos and the seizure of over 500 illegal gambling machines, associated equipment, and more than $845,000 in cash. The seized assets also
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As sports betting continues to gain momentum across the United States, new studies reveal troubling links between the expanding industry and financial difficulties for consumers. While states like New Hampshire celebrate the revenue generated by legalized sports gambling, researchers warn of potential consequences, including rising credit card debt, declining savings, and falling consumer credit scores.
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Vietnam has enacted Decree 147/2024/ND-CP to introduce stricter regulations for online gaming, targeting casino-style and card-based games to mitigate potential social harm. The measure reflects a broader effort by the Ministry of Information and Communications (MIC) to promote responsible gaming practices and protect vulnerable groups, particularly minors. Ban on Casino-Style and Card-Based Games One of
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France’s gambling regulator, l’Autorité Nationale des Jeux (ANJ), has imposed a geo-block on Polymarket.com, a crypto-based prediction market platform, over allegations of illegal gambling. The platform, operated by Web3 developer Adventure One QSS and licensed in Panama, has been restricted from serving users in France since November 21, 2024. Illegal Games of Chance in Focus
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