Malta and Alderney’s new tie-up recognises that offshore gambling hubs need to adapt as their world is “changing and evolving very quickly”, according to the chief executive of the Alderney Gambling Control Commission (AGCC).
Betclic Everest chief executive Isabelle Andres has said the online gambling group will turn a profit in 2013 after years of heavy losses, and believes that by surviving the highly-taxed French market it can survive almost anywhere.
Italy’s chief online gambling regulator has warned Playtech and other B2B suppliers to stop providing the same games to unlicensed sites that they do to legal operators because they are fuelling the black market.
The UK’s gambling regulators have said they are “concerned” about a new tie-up launched this week between high-street betting giant Coral and Richard Desmond’s Health Lottery that will offer a £1m top prize.
The UK Treasury should begin with its new online tax at 10 percent or less of gross profits to avoid destroying the industry, according to analysis commissioned by the Remote Gambling Association (RGA).