The industry sees progress on Brazil launching its long-awaited sports betting regime in 2022. Yet observing policy developments, Regulus Partners warns that lawmakers will regret adopting a UK model to tax operators of a new marketplace. The Brazilian government has announced that it will ‘follow the UK model’ of online betting tax, applying a 15% GGR duty, explicitly to ensure …
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The Grand National – undeniably the biggest betting event of the year for UK and Irish bettors, captivating the interest of both seasoned and casual punters alike, and of course of major significance to the bookmakers. Following hot on the heels of the mixed-results Cheltenham Festival, which saw a combo of bookie-friendly results but also big customer wins, the 2023 …
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The board of 888 Holdings has vowed to return the business back to shareholder growth by implementing a new corporate strategy prioritising capital efficiencies and debt reductions. This morning, the LSE gambling group posted a jam-packed full-year 2022 trading results alongside a Q1 2023 update outlining new corporate measures to optimise its enlarged business incorporating William Hill. FY2022 group revenues …
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Premier League clubs have taken a significant step to reduce the coverage of gambling sponsorships by unanimously agreeing to remove gambling brands from the front of their matchday shirts. The anticipated move makes the Premier League the first UK professional sports league to voluntarily implement such a measure phasing out betting sponsorships. The decision comes after an extensive consultation process …
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Within the Latin American region, operators are continuously looking to elevate their digital offering to consumers through modern poker content, writes Dmitry Starostenkov, CEO at EvenBet Gaming. However, it has become apparent that there are common mistakes that operators are making, leading to inferior offerings and non-profitable launches within the market. When starting anything new, especially in the business world, …
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Esports data and statistics specialist Abios notched up 10 years of trading last month. Here we speak with Abios Co-founder and CTO Anton Janér who shared his thoughts on reaching that milestone, as well as some of the key developments that have shaped the company en route. Congratulations on reaching your tenth anniversary. Can you tell us more about the …
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The online casino market is becoming more and more saturated by the day. And with increasing competition between operators, gambling companies must find new ways to stand out from the competition. The way to do this, according to BetConstruct, is by partnering with the best-in-class casino game providers. In the latest article where BetConstruct takes us ‘back to basics’, the Yerevan-headquartered …
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A draft proposal co-signed by Brazil President Lula da Silva and Finance Minister Fernando Haddad has recommended that a 15% gross gaming revenue (GGR) tax be applied to sports betting activities. News of the proposal submitted to the Attorney General’s National Treasury Office (PGFN) was reported during the Easter break by Brazilian business news source Poder360. As reported, Lula and …
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Brazil, with its population of over 210 million, has a number of unique challenges when it comes to identity verification, according to Roger Redfearn-Tyrzyk, VP of Global Gaming at IDnow. Writing on LinkedIn, Redfearn-Tyrzyk asserted that the Brazilian gambling market has ‘significant potential’ and offers a wide range of opportunities. The market has been estimated to be worth over $6bn, …
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The first three months of 2023 have been jam-packed with new developments for TVBET, and the remainder of the year looks to be incredibly promising as CEO Peter Korpusenko plans to take the company in a new direction. In a catch-up with SBC News, Korpusenko discussed some of the player-favourite titles that will be revamped for players before touching upon …
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