LOTTERY DIGEST - WEEKLY NEWS
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British Gambling Commission Intensifies Monitoring of Unlicensed Gaming Market
The British Gambling Commission (BGC) has ramped up its efforts to monitor and disrupt the unlicensed gaming market. Utilising advanced data analytics, the BGC aims to identify and shut down illegal operators more efficiently. This initiative is part of a broader strategy to protect consumers, especially vulnerable ones, from the risks associated with unlicensed gambling. The Commission has issued numerous cease-and-desist notices and worked with search engines and payment providers to remove illegal sites. The BGC's proactive approach underscores its commitment to ensuring a fair and safe gambling environment in the UK.
France Proposes Legalizing Online Casinos in 2025 Budget Amid Economic Concerns
France is considering legalising online casinos as part of its 2025 budget plan to address economic challenges and curb illegal gambling. The proposal, introduced by Prime Minister Michel Barnier's government, aims to generate significant tax revenue and align France with its European neighbours. The National Gambling Authority estimates that illegal online gambling generates between €748 million and €1.5 billion annually. Legalising and taxing online casinos could help reduce this illegal activity while providing an estimated €1 billion in tax revenue. However, the proposal faces opposition from land-based casino operators who fear revenue losses and job cuts.
Irish Gambling Regulation Bill Clears Lower House, Awaits Final Approval
The Irish Gambling Regulation Bill has finally gained approval from the Dáil Éireann, the lower house of the Irish parliament. Introduced in December 2022, the bill aims to overhaul the country's gambling laws and establish the Irish Gambling Regulatory Authority (GRAI). The proposed legislation includes measures to create a licensing regime, restrict gambling advertising, and introduce a National Gambling Exclusion Register. The bill now moves to the Seanad Éireann, the upper house, for final approval before being enacted into law. This marks a significant step towards creating a safer gambling environment in Ireland.
Finland Revises Social Aid Policy to Include Gambling Expenditure
Finland's Social Insurance Institute (KELA) has updated its social aid policy to consider gambling expenditure alongside winnings when assessing financial support for recipients. Effective from October 2024, KELA will examine both gambling stakes and winnings over a longer period to better address financial issues linked to problem gambling. This change aims to prevent social assistance from being used for gambling and to help those whose financial problems are exacerbated by gambling. The revised policy aligns with Finland's plan to transition to a competitive gambling market by 2027.
Malta's Concerns Cause Delay in Italy's Online Gambling License Tender
Italy's online gambling license tender has been delayed by a month due to objections raised by Malta with the European Commission. Malta's concerns focus on several regulatory issues, including the need for B2B companies to obtain licenses, a ban on managing multiple brands under a single license, and stricter measures to prevent underage gambling. The standstill period has been extended until November 18, 2024, to address these issues. Italy's Treasury is expected to respond soon, with the final tender likely to be published in early 2025. This delay highlights the complexities of aligning national regulations with EU policies.
Skilrock's Weekly Lottery Disgest
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Disclaimer
We monitor industry news from various important online publications, including international, national and regional titles, newswires, magazines, press releases, lotteries, vendors, institutions, government agencies and other key sources of lottery/gaming information.
While we strive to provide accurate and up-to-date information, the content is provided for informational purposes only, and readers are encouraged to consult multiple sources to ensure a comprehensive understanding of the topics presented.
