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OPAP Sees Revenue Rise Driven by Online Casino and Lottery Growth
OPAP's online casino business propelled its revenue up by 4.2% year-on-year to €549.7m (£467.5m/$593.3m), with the Greek gambling group...
Flexi Group
Jun 3, 20242 min read
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UK General Election Raises Concerns Over Implementation of Gambling Act White Paper Policies
As the UK braces for a general election on 4 July, questions are surfacing about the potential impact on the timeline for implementing...
Flexi Group
May 31, 20243 min read
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Macau's Illicit Money Exchange Becoming More Organized and Professional, Security Chief Warns
Illicit money exchange activities in Macau's casino areas are increasingly becoming "corporatized and professional" in their operations,...
Flexi Group
May 30, 20242 min read
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AI's Transformative Impact on the Casino Industry: Revolutionizing Experiences, Security, and Personalization
The casino industry is currently undergoing a significant transformation, primarily catalyzed by the integration of Artificial...
Flexi Group
May 29, 20242 min read
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Moody's Analyst Foresees Philippines Exiting FATF Grey List Despite Money Laundering Challenges
The Philippines is poised to exit the "grey list" of the Financial Action Task Force (FATF) soon, despite grappling with a notable...
Flexi Group
May 29, 20242 min read
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Brazil Establishes Regulatory Framework for Gambling Operator Licensing with New Ordinance
On May 21, 2024, Brazil’s Ministry of Finance’s Secretariat of Prizes and Betting issued Ordinance SPA/MF nº 827, establishing the...
Flexi Group
May 28, 20242 min read
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Macau Casinos Report Surge in Suspicious Transactions, Reflecting Tightening Regulatory Controls
Macau casinos saw an 89.1% increase in suspicious transaction reports (STRs) in the first quarter of 2024 compared to the same period...
Flexi Group
May 27, 20242 min read
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Genting Chairman Lim Shows Interest in UAE Casino Market
Genting Group has expressed potential interest in entering the United Arab Emirates (UAE) casino market if casino resorts are approved...
Flexi Group
May 24, 20242 min read
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Smart Table Technology Set to Revolutionize Casino Gaming by 2025, Says Expert
By the end of 2025, all major properties in Macau, the Philippines, Australia, and New Zealand are expected to adopt some form of smart...
Flexi Group
May 23, 20243 min read
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Macau Casino Stocks Expected to Outperform Las Vegas Rivals, Analyst Says
With Las Vegas lacking significant catalysts and Macau having more potential to return to pre-coronavirus visitation levels, casino...
Flexi Group
May 22, 20243 min read
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Navigating Brazil's Evolving Gambling Landscape: Insights from Legal Expert
Brazil enacted Law 14.790 at the end of 2023, aiming to achieve a 'zero-tax deficit' this year. This law continues the regulation of...
Flexi Group
May 21, 20242 min read
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SkyCity Fined AUS$67 Million for AML Failures at Adelaide Casino
SkyCity has agreed to pay an AUS$67 million penalty following admissions of numerous anti-money laundering (AML) failures at its Adelaide...
Flexi Group
May 21, 20242 min read
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Netherlands Set to Increase Gambling Tax to 37.8% Amid Industry Concerns and Slot Ban Controversy
The gambling tax in the Netherlands could see an increase to 37.8% following a coalition agreement between four political parties....
Flexi Group
May 20, 20242 min read
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Chile's Gambling Authority Advances 'Public Value' Strategy into 2024
Chile's gambling regulator, the Superintendence of Gambling Casinos (SCJ), has reported significant progress in fostering a mutually...
Flexi Group
May 16, 20242 min read
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UK Gambling Commission's Strategic Approach to Combatting Illegal Online Gambling
The UK Gambling Commission (UKGC) remains steadfast in its commitment to combating illegal online gambling, aligning with the regulatory...
Flexi Group
May 15, 20242 min read
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Asia-Pacific Gambling Market Poised for Strong Growth, Fueled by Online Sector Surge
The Asia-Pacific gambling sector is projected to show strong resilience, with an anticipated Compound Annual Growth Rate (CAGR)...
Flexi Group
May 14, 20242 min read
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Macau Casino Stocks Soar as China Expands Individual Visit Scheme
Macau casino stocks surged in early trading on Monday following China's announcement of the inclusion of eight additional cities in its...
Flexi Group
May 14, 20242 min read
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Wyoming Legislature Launches Comprehensive Review of State's Growing Gambling Industry
In response to the rapid expansion of Wyoming's gambling industry, the state's legislature has undertaken a comprehensive review of the...
Flexi Group
May 13, 20242 min read
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Brazil Implements 15% Tax on Player Winnings: Navigating the Regulatory Landscape of the Betting Industry
In a move to provide clarity and structure to Brazil's betting landscape, the Special Secretariat of Federal Revenue of the Ministry of...
Flexi Group
May 10, 20242 min read
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Evolving Cybersecurity Landscape in Online Sports Betting
With the expansion of online sports betting worldwide, cybersecurity has become a paramount concern for operators amidst the industry's...
Flexi Group
May 9, 20241 min read
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