Following the promises he made during his 2022 campaign, president William Ruto introduced Kenya’s Financial Inclusion Fund also known as Hustler Fund. The purpose of this fund is to provide Kenyans with instant loans upon request, which will ultimately ensure more cost-effective access to credit. This will help Kenya to combat the increasing issues with […]
Author: Zoe Sharp
On Friday, for the first time ever, the Vermont House of Representatives passed bill HB 127. The said piece of legislation would legalize sports betting in the Green Mountain State. While the bill still needs to be approved by the Senate, during the Friday session, the bill went straight to voting, with no discussion being […]
Belgian football has joined forces with the rest of the country’s sports sectors in an effort to defeat the proposed ban on gambling advertising that is to take effect from July 1, 2023. According to estimates, Belgian football clubs receive at least 12% of the sponsorship revenues from betting operators. Sports stakeholders have confirmed that […]
The Colorado Springs Police Department (CSPD) issued notices to at least 32 businesses, warning them that the gaming machines they host are illegal as they offer a monetary return. Lieutenant Mark Chacon with the Colorado Springs Police Department said that most of these businesses were not aware of the fact that these gaming devices are […]
This Wednesday, a bill seeking to legalize sports betting in North Carolina was swiftly approved by the House Finance Committee. The legislative effort must receive approval from the House Rules Committee before it advances to the House for consideration. If the bill becomes law, the first sports betting platforms are expected to enter North Carolina’s […]
This Wednesday, the Missouri House voted 118-35 in favor of a sports betting bill, which would impose a 10% tax on operators’ net winnings. Now, the legislation moves on to the Senate, but its future remains uncertain. Before the sports betting bill becomes law, it must receive approval from the House, the Senate, and the […]
This Tuesday, the right-wing Spanish Socialist Workers’ Party (PSOE) joined forces with other right-wing and neutral parties in an effort to defeat a proposal seeking to prohibit gambling companies from advertising their services in tourist areas and airports. But this attempt does not coincide with the Balearic Islands’ left-wing government wishes. Why Some Politicians Want […]
The Norwegian Ministry of Children and Families has proposed a bill seeking to amend the Right of Withdrawal Act, exempting gambling from it. The Ministry’s goal is to reshape the law in a way that reflects the modern gambling environment and combat illegal gambling activities. The Norwegian Industry Association for Online Gambling (NBO), however, did […]
A new executive order issued by Denmark’s Ministry of Taxation will require all land-based gambling venues to register their players before being able to gamble. The new rule, which will come into force on October 1, aims to bring land-based casinos in line with know-your-customer and anti-money laundering processes, which are standard for the online […]
This Monday, the Missouri House gave preliminary approval of a bill that seeks to legalize sports betting in the state. Casino companies will receive support from the Republicans in an effort to turn down amendments proposed by Democrats to impose higher taxes and remove deductions for promotional expenses. Later this week, members of the Missouri […]