Podcast episode

Weekend Conversation Corner – July, 04

Weekend Conversation Corner – July, 04

Welcome to the most recent instalment of our Focus Gaming News Weekend Conversation Corner, a brief analysis of the top headlines from the week that have captured the globe’s interest. As we condense the flurry of events into a coherent and focused recap, we will delve into the key stories that have moulded the narrative, impacted policies, and sparked conversations. Join us as we cut through the clutter and provide a concise snapshot of the week’s crucial advancements, keeping you informed on what really counts in today’s ever-changing world.

Stay informed, stay motivated, and keep on gaming. Have a fantastic weekend ahead!

British horseracing sector launches campaign against online gambling tax proposal

The British Horseracing Authority is urging the gambling sector to oppose the UK government’s proposed Remote Betting and Gaming Duty. The campaign, titled ‘Axe the Racing Tax’, aims to unite all horseracing stakeholders to lobby against the plan to consolidate online betting duties into a single rate. The integration of three tax categories into one could result in significant financial losses for the racing industry, potentially leading to job cuts and reduced funding for equine welfare. The BHA is calling on everyone involved in the sport to write to their local MP and respond to the Treasury’s consultation on the proposals. The organisation is seeking support to prevent the detrimental impact of the proposed tax changes on British racing.

New York State Gaming Commission receives eight casino applications

The New York State Gaming Commission (NYSGC) chair O’Dwyer, announced that eight applications have been received for up to three casino licenses in the state. The Commission and Gaming Facility Location Board will ensure a fair and transparent bidding process, with the winning projects to be selected by December 1. Each project must meet local entitlements and be approved by a Community Advisory Committee by September 30. The revenue from new gaming facilities is expected to benefit public schools, mass transit, local governments, and problem gambling treatment services. Some of the applicants include Caesars Palace, Freedom Plaza, Avenir, Resorts World in Queens, and others proposing innovative casino projects in different locations across New York. The projects aim to bring in private investment, create jobs, and transform communities.

Pennsylvania Senate approves bill to reduce minimum number of slots at casinos

The Pennsylvania Senate has approved a bill sponsored by Senator Dan Laughlin to reduce the minimum number of slot machines in Category 1 and Category 2 casinos from 1,500 to 1,000. This change aims to adapt to market conditions and increased competition in the gaming industry. Laughlin emphasised the need for modernisation and sustainability to protect jobs, strengthen the local economy, and maintain competitiveness in the evolving market. The bill now moves to the state House of Representatives for consideration. In related news, Pennsylvania’s gaming revenue in May reached $601.8m, marking a 15.52 per cent increase year-over-year and 8.7 per cent from April, with Hollywood Casino, Valley Forge Casino Resort, and Parx Casino reporting significant revenue growth.

Operators question the figures as regulator’s report shows rise in German gambling revenue

The German gambling regulator GGL reported a 5 per cent increase in gross gambling revenue in 2024, reaching €14.4bn. The regulator focused on combating unlicensed gambling, shutting down illegal sites and enforcing prohibition orders. Google’s advertising rules limiting ads to licensed operators in Germany also helped reduce visibility of illegal offers. Despite these efforts, licensed operators argue that the unlicensed market is larger than reported. Christian Heins from Tipico criticised the GGL’s report, questioning the accuracy of figures and timelines. He highlighted discrepancies in tax revenue and market growth, suggesting the online casino black market alone could be worth €1.5-2bn. The GGL plans to continue monitoring and combating illegal offerings with strategic actions and cooperation.

French gambling regulator calls for “tightly controlled” igaming market

France is considering legalising online casino gaming, with the French gambling regulator ANJ contributing to government consultations on the matter. Currently, online gambling in France is limited to sports, poker, and lotteries, with casino games restricted to physical venues. The ANJ emphasises the need for a tightly controlled regulatory approach to prevent gambling-related harm. Online gambling in France saw a record €2.6bn in gross gaming revenue in 2024, but operators are concerned about the impact of increased gambling taxes. The tax rates on various games will be raised, with lottery and Euromillions games facing a 69 per cent tax on GGR and online poker facing a tax increase from 0.2 per cent of stakes to 10 per cent of GGR. Discussions on online casino regulation are ongoing, with the ANJ studying the experiences of other jurisdictions.