🇮🇹 Italy has unveiled its new framework for online gambling licenses, featuring significant updates:
✔️ The license fee has been increased from €200,000 to €7 million, with a 3% tax on gross gaming revenue (GGR).
✔️ Applicants are required to submit a preliminary guarantee of €750,000, which can be in the form of a deposit or a guarantee from authorized banks or financial intermediaries.
✔️ For 2025, a final guarantee of €3.7 million is necessary, representing 10% of the total public tender amounting to €37.1 million.
✔️ Operators are obligated to pay a fee of €560 to the Italian National Anti-Corruption Agency (ANAC).
🇵🇾 The Chamber of Deputies in Paraguay has passed a bill aimed at ending the gambling monopoly in the country. This law will take effect following final approval from the executive branch.
🇺🇸 Lawmakers in Louisiana, USA, have initiated discussions regarding the regulation of online casinos within the state.
🇲🇹 The Maltese Gaming Authority (MGA) has revised the financial reporting requirements for its licensees. Starting in 2025, operators holding an MGA license will need to submit two types of reports: Annual Financial Reports (AFR), which cover the entire 12-month financial year, and Interim Financial Reports (IFR), which will reflect the financial performance for the preceding six months.
🇮🇪 Ireland's gambling regulator has announced intentions to implement a voluntary system for blocking transactions made with credit and debit cards related to gambling activities.
✔️ The license fee has been increased from €200,000 to €7 million, with a 3% tax on gross gaming revenue (GGR).
✔️ Applicants are required to submit a preliminary guarantee of €750,000, which can be in the form of a deposit or a guarantee from authorized banks or financial intermediaries.
✔️ For 2025, a final guarantee of €3.7 million is necessary, representing 10% of the total public tender amounting to €37.1 million.
✔️ Operators are obligated to pay a fee of €560 to the Italian National Anti-Corruption Agency (ANAC).
🇵🇾 The Chamber of Deputies in Paraguay has passed a bill aimed at ending the gambling monopoly in the country. This law will take effect following final approval from the executive branch.
🇺🇸 Lawmakers in Louisiana, USA, have initiated discussions regarding the regulation of online casinos within the state.
🇲🇹 The Maltese Gaming Authority (MGA) has revised the financial reporting requirements for its licensees. Starting in 2025, operators holding an MGA license will need to submit two types of reports: Annual Financial Reports (AFR), which cover the entire 12-month financial year, and Interim Financial Reports (IFR), which will reflect the financial performance for the preceding six months.
🇮🇪 Ireland's gambling regulator has announced intentions to implement a voluntary system for blocking transactions made with credit and debit cards related to gambling activities.