Canada
Chile Government to Introduce a Bill for Legalizing Online Gambling
Chile Government has announced its plans on introducing a bill for the legalization and regulation of online gambling in the country.
The bill will propose regulating online sports betting, internet casino games, and other forms of betting online.
According to the Ministry, regulating online gambling activities would establish a competitive market, as well as help protect both the health and safety of players.
The Ministry added that regulation would also allow Chile to generate additional tax income from legal online gambling operations and allow authorities to better monitor the activities of licensed operators.
Meanwhile, the Ministry has also announced details of a second bill designed to modernize the country’s land-based casino market.
Though the Ministry did not disclose full details of this bill, it said content would include updating the industry’s technical requirements in line with the current market, as well promoting responsible gambling practices among operators.
Should the bill pass, all operators that hold a land-based casino license in Chile would see their permits extended by one year, with the agreement that they pay additional taxes.
“Casinos are relevant for the economic development of the country both in their contribution to the financing of the municipalities and regional governments through the payment of taxes and in the development of tourism in the regions,” the Ministry said.
“However, both the pandemic and new global trends in the industry require new standards that ensure further development of the sector and higher tax collection through competitive tenders.”
Powered by WPeMatico
Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for Gen Z, today announced details of its planned release of first quarter 2024 financial results.
The Company expects to file its Q1 2024 results the morning of Thursday, May 30, 2024 prior to the commencement of TSXV trading. Management plans to host an investor conference call that same day at 10:00 am EDT to discuss the results.
| Conference Call Details |
|
| Timing: | Thursday, May 30, 2024 at 10:00 am EDT |
| Dial-in: | 1-800-717-1738 (toll free) or (+1) 289-514-5100 (local or international calls) |
| Webcast: | A live webcast can be accessed from the Events section of the Company’s website at rivalrycorp.com |
| A replay of the webcast will be archived on the Company’s website for one year. | |
Play’n GO, the world’s leading casino entertainment provider, has today announced a partnership with Canadian operator Loto-Québec, launching the Swedish gaming giant’s games into another Canadian province.
Already active in another Canadian province , this partnership sees Play’n GO’s content available in the province of Québec exclusively with Loto-Québec, a state-owned corporation, where online players now have access to titles such as Tome of Madness.
Magnus Olsson, Chief Commercial Officer, Play’n GO said: “At Play’n GO, we have always been clear in our vision to be active in every regulated market in the world, and this partnership with Loto-Québec is the next step on that journey.
“Our past success in Canada gives us confidence that players in Québec will enjoy the best Play’n GO content, and we look forward to many years of success with Loto-Québec in the province.”
Stéphane Martel, Head of Product and Innovation at Loto-Québec added: “As the sole iGaming operator in Québec, we pride ourselves on offering titles that truly add value to our platform, lotoquebec.com. We are happy to bring Play’n GO games to our players.”
iGaming Ontario has welcomed the decision of the Ontario Superior Court, which found that iGaming Ontario’s model is consistent with the Criminal Code and that iGaming Ontario is conducting and managing igaming in the province.
“We have always been confident in our model and are pleased that the court has ruled in our favour, and that Ontarians can continue to play with confidence in our regulated igaming market,” said Martha Otton, Executive Director of iGaming Ontario.
“Ontario’s model meets the requirements and contributes to the public good by protecting players, their data and their funds, while helping to fund priority public services in Ontario, and bringing well-paid, high-tech jobs and economic development to Ontario,” Otton added.
In dismissing the application brought forward by the Mohawk Council of Kahnawà:ke (MCK), the Superior Court found that iGaming Ontario is the “operating mind” behind Ontario’s competitive igaming market in accordance with the conduct and manage requirements of the Criminal Code.
iGaming Ontario will continue to conduct and manage igaming as it has since the launch of the regulated market on April 4, 2022.
-
Baltics5 days agoHitting the Networking Jackpot: Iconic MARE BALTICUM Gaming & TECH Summit Launch at Tallinn Olympic Park Casino
-
Compliance Updates5 days ago
NIGC Announces Acting Chair
-
Australia5 days ago
AUSTRAC and SkyCity agree to proposed $67 million penalty
-
Compliance Updates5 days ago
CT Interactive Certifies 60 Games and Hot Luck Jackpot for Peru
-
Compliance Updates5 days ago
Spillemyndigheden: Anti-Money Laundering- A report to the police must be followed up by a notification
-
Africa5 days ago
EGT Tanzania consolidates its status as a leader in Africa with a major installation at Grand Leone Casino in Sierra Leone
-
Brazilian online gaming market4 days ago
Mancala Announces Partnership with XSA Sports
-
Asia4 days ago
WorldMatch Certifies Games for the Philippines
