Weekend Conversation Corner – October, 02

Welcome to the most recent instalment of our Focus Gaming News Weekend Conversation Corner, where we delve into the week’s top headlines that have captured global interest. In this concise summary, we will highlight the key stories that have impacted the narrative, influenced decisions, and sparked conversations. Join us as we cut through the clutter and provide a condensed recap of the week’s important developments, keeping you informed on what truly counts in our ever-changing world.

Stay knowledgeable, stay motivated, and keep on gaming. Wishing you a fantastic weekend ahead!

New VAT and gaming tax frameworks come into effect in Malta

In October, Malta implemented new simplified gaming tax rates and consolidated gaming tax and gaming device levy arrangements. The changes aim to enhance the competitiveness of the gaming sector in Malta. The reforms clarify VAT treatment for certain gaming products and introduce a simplified tax structure. Operators must adhere to the previous reporting requirements for September 2026 submissions, with new portal functionality available from November 1. Additionally, the Malta Gaming Authority suspended the license of Condor Malta Limited for gaming operations. The MGA also warned against unlicensed sites falsely claiming association with the regulator. The reforms are part of the government’s commitment to safeguard the long-term sustainability and competitiveness of Malta’s gaming sector.

Brazil betting ban will boost black market, experts warn

A week ago, on September 25, President Luiz Inacio Lula da Silva announced an immediate suspension of online gambling in Brazil less than two years after the regulated market was launched in January 2025. The announcement comes ahead of presidential elections on October 4.
Industry leaders are concerned about Lula’s decision, citing risks to legal certainty, investor trust, and consumer protection. Experts told Focus Gaming News that the move will drive punters to the illegal market and could be challenged in court. Letícia Ferraz of LabSul criticises the ban as misguided and believes it may be unconstitutional. Amilton Noble warns of disastrous consequences, while Ricardo Costa suggests stricter regulations instead of a complete ban. The abrupt measure, enacted through Provisional Measure 1,394/2026, has raised questions about the government’s ability to control illegal gambling. Critics fear the ban will harm Brazil’s credibility with investors and may have negative effects on the economy. Overall, industry experts oppose the ban and call for a more thoughtful approach to regulation.

Bulgarian gambling reforms have promotion loophole, opposition leader warns

Assen Vassilev, chairman of the opposition party We Continue the Change in Bulgaria, has raised concerns about potential loopholes in the country’s proposed gambling advertising ban. He argues that the wording of the reform package should be amended to prevent operators from bypassing restrictions through alternative brands. Vassilev points to examples in Belgium and Italy where similar bans were circumvented. He suggests expanding the definition of a gambling trademark to cover closely related brands and introducing further restrictions on advertising at sports venues sponsored by gambling companies. The proposed reforms are open to public consultation until October 23.

New gaming machine regulations confirmed by British Gambling Commission

New gaming machine regulations in Britain will be phased in over 2027 and 2028, requiring new Category B machines to provide session information and improved access to gambling management tools. The reforms aim to promote responsible game design by banning certain features and celebrations of small wins. Existing machines are exempt from the new requirements. The changes follow a consultation linked to the 2023 Gambling White Paper. The Gambling Commission has made amendments based on feedback, including a phased implementation plan and exclusions for existing machines to minimise costs for operators. The new rules will enhance transparency, empower consumers, and ensure operators fulfil their responsibilities. Land-based gaming operators are opposing a proposed increase in Machine Games Duty. The changes aim to balance consumer benefits with implementation costs and promote a reasonable timeline for compliance.

Georgia igaming licensing framework launched in bid to attract international operators

Georgia has launched an international igaming licensing framework aimed at attracting operators serving overseas players, not Georgian citizens. The framework includes a 5 per cent GGR tax, a 1 per cent regulatory monitoring fee, and an annual permit fee for five-year licenses. The legislation restricts access to foreign nationals and stateless persons, with fines for non-compliance. Georgia’s approach mirrors strategies used in Malta, Gibraltar, and the Isle of Man, with a focus on foreign customers to balance investment incentives with stricter regulations for Georgian consumers. Despite restrictions, major brands like Adjarabet and Betsson Georgia continue to operate, showcasing resilience in the sector. The framework is expected to generate skilled jobs in technology and marketing, expanding Georgia’s service sector.

Finland igaming licence applications attract stronger-than-expected interest

The Finnish igaming market is seeing strong interest with 75 licence applications already submitted, exceeding expectations. The market is set to open on July 1, 2027, ending Veikkaus’ monopoly. Applicants must pay a €29,000 fee, with assessments by the National Police Board. Veikkaus is restructuring for competition, creating two subsidiaries. The debate over Veikkaus’ ownership continues, with calls for privatisation. The new regulatory framework has raised concerns about market channelisation. The company is also making operational upgrades, including a platform migration. The government is evaluating applicants based on reliability and suitability. The industry is questioning some measures in the new regulations. The number of applications has surprised many, given Finland’s population size.