💳 Australia Bans the Use of Credit Cards for Gambling
As of June 11, Australia has enforced a ban on using credit cards for gambling activities. Interestingly, lotteries have been exempted from this ban, even though they are the most common form of gambling in the country.
👨🏻⚖️ Canada Considers Banning Betting Ads
The Canadian government is contemplating a ban on sports betting advertisements. This consideration follows the surge in betting ads that flooded media platforms after the legalization of sports betting in Ontario.
🎉 Sri Lanka Moves Closer to Legalizing Online Gambling
The proposal to legalize online gambling in Sri Lanka has successfully passed several stages of approval and is now awaiting consideration by the Minister of Finance.
😧 Armenia to Discuss Taxation on Large Winnings
Armenia is also at a critical juncture with a proposed law that would require gambling operators to pay a 10% income tax on winnings exceeding 5 million drams (€12,119). This proposal will be discussed in an upcoming parliamentary session.
Stay tuned for the latest regulatory news from the world of gambling! 📰✨