Compliance Updates
Georgia Increases Taxes on Gambling Business
On November 3, the Prime Minister of Georgia, Irakli Garibashvili, announced at the government meeting that the profit tax for the gambling business will be increased from the current 10% to 15%.
There will also be a change regarding the withdrawal of money. In particular, the citizen will pay 5% instead of 2% of the income when withdrawing the won amount.
“We presented a new initiative to the parliamentary majority, according to which we should change the taxation rate of gaming business. Under the new initiative, gaming businesses will be taxed at a rate of 15% of profits, instead of the current 10%. And withdrawals from gaming businesses will be taxed at 5% instead of the current 2%.
On the one hand, I want to express surprise, and on the other hand, it is very sad that the turnover of the game business is increasing. I’m really not happy because too many citizens are still involved in the gaming business. For information, I would like to tell you that in 2022, the total turnover of gaming business increased from 48 billion GEL to 52 billion GEL, which is a catastrophic indicator. So many people are still involved in the gaming business.
Last year we made important changes when we banned advertising and also restricted the right to play to citizens under 25 years of age. The ban automatically affected 1 million 500 thousand citizens,” Irakli Garibashvili said at the government meeting.
According to the Prime Minister, as a result of the changes, an additional 400 million GEL will be added to the budget.
The Swedish Gambling Authority has initiated supervision to ensure that the requirements for procedures and drawing protocols are followed.
The purpose of the supervision is to check how the licensees comply with the provisions of Sections 7–8 (routines) and Section 9 (drawing protocol) in SIFS 2024:1.
The Swedish Gambling Authority’s regulations and general advice on draws outside gaming systems, SIFS 2024:1, came into force on 1 June 2024. The regulations state the requirements for draws outside gaming systems. For example, draws must be carried out according to established draw procedures. Draws outside a gaming system may only be made if the requirements in Sections 5–11 of SIFS 2024:1 are met.
Actors involved in supervision:
• AB Svenska Spel
• Folk Games Nonprofit Association
• Motorists’ Sobriety Association
• The National Pensioners’ Organisation
• Vaxjo Lakers Hockey.
The post Spelinspektionen: Supervision of Procedures and Drawing Protocols appeared first on European Gaming Industry News.
Last Thursday, Honolulu Mayor Rick Blangiardi signed into law three bills — Bills 11, 12 and 13 — each of which are related to illegal gambling in the county.
The first, Bill 11, sets requirements on “electronic amusement devices” in public establishments. Operators of the establishment are now required to obtain a permit from the Honolulu Police Chief to use such a device on the premises, or else forfeit the device.
The Police Chief could deny a permit application if the proposed location of the device “would be reasonably likely to result in an increase in criminal activity, vandalism, litter, noise or traffic congestion,” according to the bill. The bill also requires anyone with a permit to allow a police officer to enter the premises and inspect the device and other records.
Meanwhile, Bill 12 allows the Honolulu Department of Planning and Permitting to deny permit applications for properties that have been cited for a gambling-related public nuisance within the previous two years.
And Bill 13 allows landlords to request a police escort while inspecting a private property for nuisance claims, with the accompanying officers authorized to document law violations or unsafe conditions, and to warn people not authorized to be there to leave.
In tandem, the three bills are meant to clamp down on illicit gambling rooms, which often become hotspots for associated complaints of criminal behavior.
The post Honolulu Mayor Signs New Laws Targeting Illegal Game Rooms appeared first on Gaming and Gambling Industry in the Americas.
The Romanian National Gambling Office (ONJN) has sent official notices to digital giants Meta and Google, requesting the immediate removal of sponsored advertisements promoting unauthorised gambling in Romania.
The ads, found across Meta’s platforms and Google’s search engine, violated national laws and featured websites listed on the country’s official gambling blacklist.
ONJN has called on the two tech firms to urgently investigate the presence of illegal gambling ads, suspend all related sponsored campaigns, and disclose the identities and earnings of the accounts responsible. The regulator also urged both companies to introduce preventative measures to stop similar breaches from recurring.
According to Romanian law, advertising unlicensed gambling services is punishable by fines ranging from 50,000 to 100,000 lei (€9900–€19,800), with authorities authorised to seize any revenue generated from such activity. Providing payment, promotional or IT services to unlicensed operators may also constitute a criminal offence.
The updated list of licensed operators and prohibited websites is available on the ONJN website.
The post ONJN Requests Meta and Google to Remove Illegal Gambling Ads appeared first on European Gaming Industry News.
-
Australia6 days agoACMA Blocks More llegal Online Gambling Websites
-
Compliance Updates6 days ago
MGCB Showcases National Leadership on Illegal Gaming Enforcement at 2025 NAGRA Conference
-
Canada5 days ago
User-Centric Redesign for Casinosfiables.ca
-
Argentina6 days ago
SYNOT Games enters the Argentinian iGaming market with Betsson as a trusted partner
-
Asia5 days ago
Gen.G Opens “GGX”, the Next-Gen Cultural Gaming Space
-
BCLC5 days ago
Vancouver Resident Purchased Winning $40 Million Lotto Max Ticket While Quenching Sparkling Water Craving
-
Compliance Updates6 days agoWyoming Committee Proposes Tax Rise on Sports Betting
-
Carolina Group5 days ago
CT Gaming Marks Another Milestone in Perú
