New tax rate will see another drop once the bill passes and the operators will pay 301% as opposed to the previous 29% In Holland, a temporary rise in 11% casino tax has been initiated after a series of delays related to agreement on bill’s provisions and political uncertainty which will further provide an open gate to the country’s..

The Global Poker Championships is set to start off in October with the Eagle Cup, an online tournament series The tournament has 150 events scheduled with more than $125 million guaranteed in combined prizes The series is planned to start on October 2 and will run until October 30 The events are categorised under low, medium, high-stakes $weeps..

The bitcoin prices have come down on Friday, raising speculation that the market is still not over China’s exit and seemingly the attitude isn’t going anytime soon Following a flash crash on September 15 the prices of Bitcoin came below $3,000 The digital currency somehow managed to recover above $3,500 By September 18 it managed to..

Gambling market in Denmark is on the rise, reporting an increase of 4 % in the second quarter in 2017, year-on-year The Spillemyndigheden, the Danish Gambling Authority, in its latest regulatory filing reported that the operators in the country generated a revenue of DKK 146bn in the second quarter ending June 30 The revenues increased from..

Steffen Sontheimer, German poker pro, has won the first ever Poker Masters Event Sontheimer made cash winnings in four of his five tournaments made of unique series and won two titles along the way His total winnings during the entire week in the tournaments totalled $2,733,000 The player with the highest win was awarded the first ever Poker..

The European Union is planning to set out new penalties for cryptocurrencies related cybercrimes With the recent ransomware attacks that caused the challenge in the region around and other parts of the world, the executive arm of the European Union decided to impose the new law focused on digital crimes As an initiative into the plans a European..

Kentucky is the newest state to join the race to legalise sports betting Senator Julian Carroll has filed BR 155 legislation on Wednesday which would be taken up in 2018 Kentucky legislature session The legislation was filed before the Supreme Court’s review of Professional and Amateur Sports Protection Act (PASPA) The authorities would..

A high school Spanish teacher in Detroit is accused of stealing more than $30,000 from the students’ funds collected for various events, spending it all at the casino Lydia Johnson, 29, Dakota High School, is charged with embezzlement after the school authorities claimed she stole more than $30,000 to play slots at the MGM Grand Detroit..

Despite China going hard on cryptocurrencies, other countries have shown a far pleasant response to the digital assets Tan Sri Muhammad Ibrahim, Malaysia’s Bank Negara governor, in a recent statement, said that developing Financial Institutions would indicate that Malaysia may be considering embracing Bitcoin The governor mentioned..

Tempobet, world’s leading online gambling company, has signed an advertising partnership with football stadiums of the seven English Premier league teams Under the deal, there will be advertisements on the billboards on the match days at Arsenal, Brighton, Burnley, Bournemouth, Crystal Palace, Huddersfield and Watford Under the sponsorship..

More than 250 people were killed, and many were injured when the outskirts of Mexico city was hit by an earthquake of 71 magnitude Damage was to such an extent that the quake led to the collapse of more than 30 buildings It was a difficult time for the residents who further invested their time effort and money to help their neighbours Among the..

In an armed robbery on Sunday, which left the security guard injured with the bullet shot wounds at the Casino Queen, the CrimeStoppers and the casino are offering a reward of around $26,000 to find the suspects Police are investigating the matter, but so far no arrests have been made in the case The amount of cash the three suspected robbers..

Switzerland's Financial Market Supervisory Authority (FINMA), has reportedly shut down three companies for allegedly running a cryptocurrency scam on September 19 The three companies; the Quid Pro Quo Association, Digital Trading AG and Marcelco Group AG have been reportedly shut down because of their connection with the sales of..

German poker pro, Fedor Holz is leading in the $100,000 buy-in Poker Masters series final event Holz, who is regarded to be one of the most successful and brightest poker players at the young age of 24, has around $24 million in live tournament winnings He may further add another $15 million to his profile with the event along with the first ever..

The PGA Tour is launching a new Integrity Program with the help of London-based sports data provider company Genius Sports, set to be introduced in 2018 The PGA Tour announced Genius Sports would start a new program to protect its competition from the outside influences gambling influence linked to gambling Genius Sports will help with their..

A slot player earned a $10 million prize from the Megabucks progressive slot game at Fiesta Henderson Casino, located near the south end of the Las Vegas Strip in Nevada The casino offers a 70,000 sq foot gaming floor along with other luxurious amenities The winner identified as Roger, who had recently moved to the area from Palm Beach, Florida..

Mexico is soon rolling out its new legislation to regulate its fast-paced financial technology sector, which includes firms that use cryptocurrencies like Bitcoin Mexico is launching the bill in a bid to protect its customers and ensure financial stability and protection against money laundering and financing of extremists Mexico joins the list..

André Schröder, Saxony-Anhalt Finance Minister has warned that all the efforts to legitimatise online gambling in Germany will go in vain if its sixteen individual states don't implement the anticipated interstate treaty on gambling at the earliest The treaty was first announced in 2012 to safeguard gambling environment for the..

Soon after a lawmaker gave a new proposal to the online poker games, lawmakers in Michigan are discussing the merits of the regulating online casino games Republican Brandt Iden, a State Rep, introduced to the House, HB 4926 Another bill was cleared in the Senate with the same intents earlier this year The proposed laws, which are advertised as..

In August 2016, a grant was offered to Suffolk OTB (off track betting) to open a casino with 1000 video lottery terminals at Jakes’s 58 hotel However, the nearby villagers including the Mayor of Suffolk opposed it thinking it will fall a bad impression to the surrounding community Recently the officials from the same village have appealed..