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AuthorLuka Jestrovic

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Australia Bans Credit Card Payments to Online Casinos

In early December 2023, the Australian Senate approved a bill prohibiting the use of credit cards on online gambling sites. The law is set to come into effect sometime during 2024, completely prohibiting the use of credit cards for gambling of any form. The Interactive Gambling Amendment Bill of 2024 The bill was first introduced in September 2023 with the intention of limiting all credit-related products. It was passed by the House of Representatives in November and finally approved by the Se...

livecasinos

AuthorLuka Jestrovic

News

LeoVegas Obtains New Gaming License in Germany

As part of its ongoing growth campaign, Swedish gambling company LeoVegas has obtained new operating licenses in Germany. This new license should allow the LeoVegas casino to offer new gaming services to customers in all 16 German states. GGL License After a several-month compliance audit, the LeoVegas Group has obtained a new set of gaming licenses that will allow them to offer video slots to customers in Germany. Specifically, the license is issued by Gemeinsamen Glücksspielbehörde -...

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AuthorLuka Jestrovic

News

GambleAware Study Reveals the Value of Seeking Treatment

A new study by GambleAware, a UK-based gambling harm prevention organization, reveals that the majority of those seeking help with problem gambling see rapid and considerable life improvement....

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AuthorMilos Markovic

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New Irish Gambling Act 2015 In Force From August

[caption id="attachment_1017" align="alignright" width="300"] With the tax and licensing fee money, the country will see additional yearly revenues of around €25 million[/caption] After over three years of delays, the new Gambling Act 2015 has finally been introduced in Ireland. It was proposed earlier this year and it has finally been signed by the country’s president. The new set of rules introduced in the amendment bill will define the conditions under which online gambling in Ireland ...

livecasinos

AuthorMilos Markovic

News

IRS to Reduce The Threshold on Winnings Reporting

[caption id="attachment_919" align="alignright" width="300"] For every $600 won players will have to fill in a tax form[/caption] The IRS have made a proposal to lower the threshold for winnings on slots, bingo and keno that are supposed to be report for taxation. Current threshold of $1200 is suggested to be reduced to half the amount, that is to say, $600. American Gaming Association, together with the land casino companies on US territory openly oppose to this proposal. Reducing the Winni...