Online gambling yield falls in November during second UK lockdown

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focusgn.com

South Korea: 2,925 arrested over alleged illegal online gambling operations

Among those arrested were 1035 teenagers. South Korea.- Police in South Korea have arrested 2925 people for alleged involvement in illegal online activities in a six-month operation. According to a report by the National Office of Investigation (NOI), among those arrested were 1035 teenagers. Among them, 75 adults were formally detained, while 566…

Incidents ・ 1 day

Gaming Intelligence

South Dakota gambling increases 8% in February

Gambling in South Dakota increased by 8 per cent to $118.6 million in February, despite a fall in sports betting. Slot machines accounted for most of the state's gambling turnover during the month at $110.8 million, a rise of 9 per cent year-on-year. There were 2761 slot machines active in the month and the 2260 1-cent slots had handle of $89.1…

Sports ・ 26 March 2024

focusgn.com

Online casino bill introduced in Maryland Senate

Senator Ron Watson filed SB0603. US.- Maryland senator Ron Watson introduced SB0603, which seeks to legalise online casinos in the state. If passed, the legislation would make Maryland the eighth state in the US to legalise igaming. Maryland law currently allows for brick-and-mortar casinos, retail sports betting, and online sports…

Law ・ 31 January 2024

The Globe and Mail

Got questions about Ontario’s online gambling industry? Don’t bet on getting the answers

When Ontario announced a few years ago that it was giving the green light to online gambling, politicians made familiar promises about the scheme. It would be great for consumers. Great for the province's tax revenue. Great for jobs, great for the local innovation economy. (They didn't say anything about how great it might be for our blood pressure…

Industry ・ 20 January 2024

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Gaming Intelligence

New York posts $57 million in July commercial gaming revenue

Gaming revenue at New York's four commercial land-based casinos was 9 per cent lower at $57.1 million in July. July saw year-on-year revenue declines across all gambling sectors in the commercial casinos. Slot machine revenue was down by 6 per cent to $42.2 million and table gaming revenue declined by 16 per cent to $13.4 million. Revenue from…

Finance ・ 15 August 2023

Gaming Intelligence

Retail recovery offsets lower online gambling yield in Great Britain

Britain's total gross gambling yield increased by 10.9 per cent to £14.08bn in the twelve-month period ended March 31, with a recovery in retail offsetting declines in remote gambling and National Lottery yield. Online casino represented the largest gambling sector in Great Britain with gross gambling yield (GGY) of £3.90bn, although this…

Lottery ・ 25 November 2022

Gaming Intelligence

Klasselotteriet acquisition pushes Danske Spil revenue up to DKK3.6bn

Denmark's state-owned gaming operator Danske Spil has reported a 2 per cent increase in gross gaming revenue (GGR) to DKK3.60bn (€483.7m) for the nine-month period ended 30 September. The company's core Danske Lotteri Spil division saw GGR fall by 1 per cent to DKK2.01bn, with a strong performance from the Eurojackpot game offsetting a poor run of…

Finance ・ 07 November 2022

Gaming Intelligence

South Dakota gambling market slides 5% in September

South Dakota's gambling market fell by 5 per cent in September to $146.9m, with lower wagering on slot machines offsetting growth in table games and retail sports betting. Gaming handle, excluding sports betting, amounted to $146.2m in September, a year-on-year fall of 5.6 per cent, while gross win declined by 2.5 per cent to $14.1m.South Dakota…

Industry ・ 31 October 2022

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The Chronicle Journal

We’re a nation of gamblers, by government design. Internet gambling the latest vice to part Ontarians with billions in bets

It's a thrill this week for Canadian sports fans to have the NHL season open along with the NBA pre-season. The baseball playoffs are under way, the NFL is back and the CFL season is heading for its finale (Go Bombers!). But there's a problem. Betting. Who else is sick and tired of Bet365 commercials between every period, inning and quarter? I…

Sports ・ 16 October 2022

Mint

GST on betting and gambling: Tax structure and liabilities in case of default

Gambling and betting, whether online or offline, are supplies of services as per the goods and services tax (GST) law. Currently, an 18 per cent GST is levied on online Games of skill, while a 28 per cent GST is levied on online games of chance According to Archit Gupta, Founder & CEO, Clear, GST is computed on gross gaming value or stake instead…

Finance ・ 02 October 2022

Gaming Intelligence

Online casino drives growth in Portugal in Q2

Portugal's regulated online betting and gaming market grew revenue by 17 per cent in the second quarter of 2022, despite a decline in sports betting. Total gross gaming revenue (GGR) generated by the country's 15 licensed online operators increased to €146.4m in the second quarter of the year, buoyed by a 42 per cent increase in online casino GGR…

Sports ・ 09 August 2022

This Is Money

Crackdown on online gambling will hit sales, warns betting group 888

888 is next month completing its £2.1bn takeover of William Hill's UK business A Government crackdown on online gambling will hit sales, a major betting group warned yesterday. 888, which offers gaming and sports betting and is next month completing its £2.1billion takeover of William Hill's UK business, said revenue in the six months to July will…

Incidents ・ 24 June 2022

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Yogonet

Draconian gambling rules risk driving punters to the black market

As the UK Government is closer to releasing a White Paper on the long-awaited UK Gambling Act Review, the CEO of standards body Betting and Gaming Council, Michael Dugher, warns in his latest column about the risks of anti-gambling lobby and proposals to bring "draconian restrictions" that could increase illegal market levels in the United…

Incidents ・ 19 May 2022

News18

IAMAI Urges GST Council To Keep 18% Tax On Online Gaming

There is no clarity on whether this will apply only to real money games or casual games as well, given that the former being a sub-segment of online gaming. The Internet and Mobile Association of India (IAMAI) on Monday urged the GST Council to continue maintaining the GST on online gaming at 18 per cent and any further increase will hamper the…

Finance ・ 17 May 2022

Gaming Intelligence

Nevada gambling market continues growth into January 2022

Nevada's regulated gambling market generated total gaming win of $1.08bn in January 2022, despite licensed casinos posting a decline in sports betting during the month. After a record performance last year, the state's regulated gambling market enjoyed a strong start to 2022 as casinos generated more than $1bn in gaming win for the eleventh…

Industry ・ 28 February 2022

Gaming Intelligence

Britain’s online gambling market down 31% in December

Britain's regulated online gambling market contracted by nearly a third in December 2021, according to new data released by the Gambling Commission. The latest operator data on gambling behaviour amid the easing of lockdown measures across Great Britain shows that online gross gaming yield (GGY) fell by 31 per cent year-on-year in December to…

Industry ・ 18 February 2022

Gaming Intelligence

MGM Grand dominates Michigan commercial casino market in August

Michigan's three commercial casinos in Detroit have reported total aggregate revenue of $113.8m for the month of August. Retail betting and gaming revenue rose by 62 per cent year-on-year, but fell by 3 per cent compared to the previous month, with table games and slots revenue amounting to $112.2m and retail sports betting revenue of $1.6m. Table…

Industry ・ 15 September 2021

Gaming Intelligence

Michigan commercial casino revenue climbs to $116.9m in July

Michigan's three commercial casinos in Detroit saw retail betting and gaming revenue increase by 8 per cent compared to the previous month to $116.9m in July. Table games and slots revenue rose by 9 per cent month-on-month to $115.7m, with retail sports betting contributing $1.2m. Compared to July 2019, revenue from table games and slots were down…

Finance ・ 11 August 2021

Gaming Intelligence

Britain’s online gambling yield falls to £496.1m in June

Britain's online betting and gaming market declined for the second consecutive month as total gross gambling yield (GGY) fell by 7 per cent sequentially to £496.1m in June. The latest data from the Gambling Commission reveals that total bets placed fell by 10 per cent month-on-month to 6.2bn, while total active players climbed 4 per cent compared…

Gaming Authorities ・ 11 August 2021

The Straits Times

Fewer S'poreans gambling; addiction chances remain low, Singapore News & Top Stories

Fewer Singaporeans are gambling, while the number of those likely to have gambling addictions remains low, according to the latest survey by the National Council on Problem Gambling (NCPG) released yesterday. This decrease could partly be due to Covid-19 restrictions limiting access to gambling opportunities, said those who work with problem…

Gambling Addiction ・ 29 July 2021

CNA

Fewer Singapore residents gambling; number of potential problem gamblers remains low: Survey

SINGAPORE: Fewer Singapore residents are gambling, while the number of potential pathological and problem gamblers remains low, according to a survey released on Thursday (Jul 29) by the National Council on Problem Gambling (NCPG). The 2020 Gambling Participation Survey found that 44 per cent of respondents gambled, down from 52 per cent in…

Gambling Addiction ・ 08 August 2021

Gaming Intelligence

British online gambling yield declines to £533m in May

Britain's Gambling Commission has revealed that gross gambling yield (GGY) from the online sector fell by 5 per cent compared to the previous month to just over £533m in May. Data from the biggest operators representing 80 per cent of the market shows that total bets increased by 1 per cent month-on-month, while the total number of active players…

Gaming Authorities ・ 16 July 2021

Casino Beats

UK Gambling Commission reports ‘significant growth’ in online market

The online gaming market has experienced significant growth, according to a new report by the UK Gambling Commission. Data from the report, which covers both online and in-person gambiling with data from licensed betting operators found on Britain's highstreet, highlighted how the renewed tightening of COVID-19 lockdown measures has impacted…

Gaming Authorities ・ 04 March 2021

Gaming Intelligence

Pennsylvania iGaming revenue soars to new high in November

Pennsylvania's regulated betting and gaming market recorded a 3 per cent drop in total revenue to $284.3m in November, despite another record performance from iGaming during the month. Total gambling revenue continued to be impacted by declines within the land-based sector, where slot machine revenue fell 32 per cent year-on-year to $129.5m and…

Finance ・ 19 January 2021

Journalism

Danish gaming market sees growth in 2019 thanks to online casinos

Denmark's gaming market saw considerable growth in 2019, thanks to the country's online casinos. According to Danish regulator Spillemyndigheden, the online casino segment's gross gaming revenue increased 8.1 per cent to DKK2.33 billion. It was the only vertical to record a yearly increase in revenue for 2019. Q2 was the top performer as it…

Industry ・ 04 February 2021