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Colombia plans to impose a 19% VAT on online gambling, industry warns it may trigger a revenue and investment crisis.

Colombia plans to impose a 19% VAT on online gambling, industry warns it may trigger a revenue and investment crisis.

The Ministry of Finance's proposed tax reform plan plans to impose a 19% VAT on online gambling platforms, causing widespread concern in the industry. The measure will take effect in February 2025, and operators criticize it for causing a decline in medical system revenue and threatening the sustain

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Finnish police warn influencers: Illegal gambling promotion could face fines up to 30,000 euros.

Finnish police warn influencers: Illegal gambling promotion could face fines up to 30,000 euros.

Finland's National Police Board recently warned two social media influencers that they could face fines if they do not stop promoting illegal gambling. The police pointed out that there is a common misconception that marketing foreign gambling is allowed in Finland, but this is not the case.Current

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Comoros National Payment Platform Goes Live, Driving New Opportunities in the Online Gambling Industry

Comoros National Payment Platform Goes Live, Driving New Opportunities in the Online Gambling Industry

As a rapidly developing island nation in East Africa, the Comoros Union is reshaping its digital finance and online gambling ecosystem through the launch of the National Payment Switch. This platform enables secure, real-time transactions between banks, microcredit institutions, and mobile money ope

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The number of fake gambling and bonus scams in the UK has surged, with telecommunications company Virgin Media O2 issuing a warning.

The number of fake gambling and bonus scams in the UK has surged, with telecommunications company Virgin Media O2 issuing a warning.

Telecommunications and media company Virgin Media O2 warns that there is an increasing trend in fake gambling bonus scams in the UK. Based on the reports and interceptions in August this year, the company also found that recruitment and auto finance scams are on the rise.The most common type of scam

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Hippos ATG Oy plans to introduce the ATG brand in Finland to welcome market de-monopolization.

Hippos ATG Oy plans to introduce the ATG brand in Finland to welcome market de-monopolization.

As the Finnish market prepares to end its monopoly, Hippos ATG Oy will introduce the ATG brand in Finland starting from 2027.This new initiative will offer a diverse range of betting products through the ATG.fi website and the ATG gaming application framework, operating in a similar manner to ATG ap

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Liberian citizens defend the gambling industry, rebutting the former minister's call for a ban.

Liberian citizens defend the gambling industry, rebutting the former minister's call for a ban.

Former Minister of Commerce Amin Modad called for a ban on gambling and sports betting, which was met with strong opposition from the Liberian public. Politician Byron Brown Jr. defended the gambling industry, describing it as a significant contributor to the national economy and pointing out that t

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Brazilian professional players complain that betting companies have not paid for image rights, with regulatory transparency becoming a focal point.

Brazilian professional players complain that betting companies have not paid for image rights, with regulatory transparency becoming a focal point.

At the fourth plenary meeting of the Permanent Subcommittee on Sports Betting Regulation in the Brazilian Chamber of Deputies, the issue of payment for the image rights of professional football players was once again the focus. The meeting was held in the form of an interactive public hearing, aimed

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Dutch regulatory body KSA: Online gambling risk analysis system is cumbersome and inefficient, urgently needs unified reform.

Dutch regulatory body KSA: Online gambling risk analysis system is cumbersome and inefficient, urgently needs unified reform.

The Dutch Gaming Authority (KSA) recently released a research report revealing significant flaws in the current online gambling risk analysis system.Limited System EffectivenessAccording to regulations implemented since the market opened in October 2021, licensed operators must conduct mandatory ris

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Colombian gambling industry criticizes government for maintaining a 19% VAT on online gambling: damages competitiveness and fosters illegal market.

Colombian gambling industry criticizes government for maintaining a 19% VAT on online gambling: damages competitiveness and fosters illegal market.

The Colombian government has decided to maintain a 19% VAT rate on online gambling and set it as a permanent policy. This measure, included in the latest tax reform bill, has sparked strong opposition from domestic gambling operators.Industry Association Criticism: Fundamental Error in Tax Base Sele

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German gambling regulator GGL warns: Social gambling is illegal and high-risk, approval cannot be granted.

German gambling regulator GGL warns: Social gambling is illegal and high-risk, approval cannot be granted.

The German Federal Joint Gambling Authority (GGL) recently issued a notice, explicitly warning the public to refrain from participating in, promoting, or organizing social betting activities, and emphasized that such betting is considered illegal under German law.Why Social Betting is BannedGGL poin

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Veikkaus' revenue fell by 4% in the first half of the year, as Finland accelerates the deregulation of the gambling market.

Veikkaus' revenue fell by 4% in the first half of the year, as Finland accelerates the deregulation of the gambling market.

Finland's state monopoly operator Veikkaus has released its financial data for the first half of 2025. The overall performance continues to be under pressure, with both revenue and profits declining, but the results are "within expectations," according to officials.The report shows that sales reven

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Sweden Strengthens Self-Exclusion System Spelpaus: Gambling Regulatory Authority Proposes Stricter Identity Verification and Marketing Restrictions

Sweden Strengthens Self-Exclusion System Spelpaus: Gambling Regulatory Authority Proposes Stricter Identity Verification and Marketing Restrictions

The Swedish Gambling Authority (Spelinspektionen) recently launched a public consultation on the regulatory reform draft of the self-exclusion system Spelpaus, planning to enhance the effectiveness of this tool through stricter identity verification and marketing restrictions.The core of this propos

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How do cryptocurrencies "harvest" online games? Game Lounge reveals the truth about how Generation Z is reshaping the gambling industry!
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How do cryptocurrencies "harvest" online games? Game Lounge reveals the truth about how Generation Z is reshaping the gambling industry!

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Why do top marketers choose revenue sharing? Unpacking the explosive logic of iGaming affiliates!
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Why do top marketers choose revenue sharing? Unpacking the explosive logic of iGaming affiliates!

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Online gambling in Oecusse, East Timor, declared illegal: Regulatory authorities strictly investigate unlicensed operations.

Online gambling in Oecusse, East Timor, declared illegal: Regulatory authorities strictly investigate unlicensed operations.

The Gaming Inspection Authority of Timor-Leste (IGJ) recently clarified that the online gambling activities conducted in the Oecusse region are illegal operations. The Chief Inspector of IGJ stated that the involved company has not yet obtained the official licenses from the Gaming Inspection Author

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Cambodia cracks down on fraud! Dozens of Taiwanese arrested!
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Cambodia cracks down on fraud! Dozens of Taiwanese arrested!

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