Day: November 27, 2024
UK Govt. Confirms Mandatory Levy, Online Slots Cap Incoming
All casino and betting companies operating in the UK will be subject to a mandatory levy that will raise around £100 million (US$127 million) per year to fund problem gambling research and treatment. The Houses of Parliament in Westminster, London, above. The Labour administration has confirmed that the mandatory levy and slash in maximum stakes…
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RSI CEO Says Trump Unlikely to Push New Gaming Regulations
President-elect Trump and his team are unlikely to prioritize fresh gaming regulations and are likely to take a laissez faire approach to the industry. Rush Street Interactive CEO Richard Schwartz believes a second Trump term will be good for the gaming industry. (Image: Rush Street Interactive) That’s the take of Rush Street Interactive (NYSE: RSI)…
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