💳 Ukraine Bans Gambling on Credit
This regulation, which applies to online casinos, came into effect on June 22, 2024.
💥 Canadian Province Alberta to Open a Regulated Online Gambling Market
The market will be similar to the system in Ontario but with some differences. The current operator, AGLC, which manages the online gaming brand PlayAlberta in the province, will not act as the regulator to avoid a conflict of interest. Alberta is likely to create a separate regulatory body, similar to Ontario's approach. A specific launch date has not been set, but it is expected to happen as early as 2025.
🤦🏼 Kyrgyzstan Once Again Proposes to Ban Casinos
The reason is that the expected tax revenues are not matching the reality. In 2023, casino operators paid just over $1 million in taxes, which is only 2.86% of the initial forecast by Kyrgyz politicians.
😧 Lithuania Increases Gambling Tax Rate from 20% to 22%
The amendment will take effect in 2025. The government expects this move to bring an additional €4.4 million to the state budget. However, analysts are already predicting that some operators may exit the market, as even a 2% increase could be a significant burden.
Stay tuned for the latest regulatory news from the world of gambling! 📰✨
This regulation, which applies to online casinos, came into effect on June 22, 2024.
💥 Canadian Province Alberta to Open a Regulated Online Gambling Market
The market will be similar to the system in Ontario but with some differences. The current operator, AGLC, which manages the online gaming brand PlayAlberta in the province, will not act as the regulator to avoid a conflict of interest. Alberta is likely to create a separate regulatory body, similar to Ontario's approach. A specific launch date has not been set, but it is expected to happen as early as 2025.
🤦🏼 Kyrgyzstan Once Again Proposes to Ban Casinos
The reason is that the expected tax revenues are not matching the reality. In 2023, casino operators paid just over $1 million in taxes, which is only 2.86% of the initial forecast by Kyrgyz politicians.
😧 Lithuania Increases Gambling Tax Rate from 20% to 22%
The amendment will take effect in 2025. The government expects this move to bring an additional €4.4 million to the state budget. However, analysts are already predicting that some operators may exit the market, as even a 2% increase could be a significant burden.
Stay tuned for the latest regulatory news from the world of gambling! 📰✨