Spain Approves Changes to Online Gambling Deposit Limits
Spain’s Council of Ministers has approved plans to introduce significant changes to current deposit limits for online gamblers. Details of the new framework have not yet been disclosed.
Spain’s Council of Ministers has approved plans to introduce significant changes to current deposit limits for online gamblers. Details of the new framework have not yet been disclosed.
The Netherlands’ phased gambling tax increase generated significantly less additional revenue than projected. Lower gross gaming revenue offset much of the higher tax rate.
Spain has approved joint deposit limits across all licensed online gambling operators. Industry body Jdigital warns of black market leakage and technical challenges.
Austria’s ruling parties have agreed to launch a licensed gambling market in October 2027. The reform would end the Casinos Austria monopoly and introduce strict player limits.
Georgia has submitted draft legislation to create a 5% GGR tax licence for operators serving only foreign customers. Georgian citizens would be blocked from these platforms.
The Dutch gambling regulator has reported lower than expected tax revenue from the regulated market. The authority says it cannot determine the exact cause.
Brazil has signed a decree requiring banks and fintechs to freeze funds linked to illegal betting within 48 hours. Financial institutions may face joint liability for related transfers.
Minnesota’s attorney general has filed a memorandum opposing a CFTC motion to block the state’s prediction market statute. The dispute centers on regulatory authority.
The NCAA ruled former Iona guard Adam Njie Jr. permanently ineligible over alleged betting-related violations tied to a broader federal investigation.
Australia’s Federal Court fined and disqualified two former Star Entertainment executives for breaches of duty tied to risk oversight. The action follows civil proceedings brought by ASIC.