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...The Gambling Commission, the UK’s gaming regulator, last week cut the estimated value of Allwyn’s 10-year licence from nearly £8.2bn to £7.9bn “based on updated estimates of sales forecasts”....
...to figures from the Gaming Inspection and Coordination Bureau....
...The European Commission president is due to address a major security conference in Munich, Germany later today on the challenges facing Europe in the wake of Russia’s full-scale invasion of Ukraine two years...
...Games maker Embracer, which soared during the pandemic gaming boom, this week said it would split into three Stockholm-listed companies to address slower sales growth and too much debt....
...platforms, which are mobile phones,” Phil Spencer, Microsoft’s gaming chief, told the Financial Times....
...Santiago Martin’s Future Gaming and Hotel Services bought Rs13.68bn ($165mn) worth of electoral bonds between 2019 and 2024, according to data published by the Election Commission of India late on Thursday...
...The Gambling Commission, the UK’s gaming regulator, fined Kindred £7.1mn last year for failing to identify and protect potential problem gamblers using its 32Red poker site....
...Sweeney said the verdict called into question the widespread use of the 30 per cent commission fee across the gaming industry....
...With the licence of Philadelphia’s Fox-29 expiring over the summer, an advocacy group has made a petition to the Federal Communications Commission to deny its renewal....
...“The CFTC rules prohibit contracts that involve or relate to gaming. Betting on sports teams is gaming, betting on elections is gaming.”...
...The companies currently pay an 18 per cent tax on the commissions they collect from customers, but tax authorities argue that companies have been underpaying....
...The agreement with Ubisoft forces Microsoft to give up control of Activision’s blockbuster franchises in the cloud gaming market and prevents them from becoming exclusives on its Xbox Cloud Gaming service...
...Companies collect commissions on the stakes placed by consumers and under current practice pay 18 per cent tax on those commissions....
...The probe was initiated following a request from the US Securities and Exchange Commission. ADM’s shares suffered their largest one-day drop since 1929 when markets reopened on Monday....
...A senior EU official recalls gaming out scenarios over a large map of Europe in European Commission offices in Brussels. “It was a question of could we keep the lights on? Could we heat the homes?...
...The Gambling Commission declined to comment....
...Most of it ran over well-worn ground but it found the space to have a swing at the US Securities and Exchange Commission and European Commission for developing rules that didn’t really touch bitcoin....
...ETF speculation heated up yet again this week when BlackRock — the largest asset manager in the world — disclosed in a fresh filing with the Securities and Exchange Commission that its proposed fund would...
...Chart of the day Just after 4pm in Washington yesterday, a post on the US Securities and Exchange Commission’s official X account led to a surge in the price of bitcoin....
...The European Commission has approved the transaction....
...Coinbase and Binance were hit with the same charges by a higher authority — the Securities and Exchange Commission — six months ago....
...In July, the UK’s Gambling Commission put 888’s licence under review over concerns about the backers of FS Gaming Investment Consortium, which built a 7 per cent stake in the gaming operator, and their links...
...A US federal judge has put Microsoft’s $75bn acquisition of Activision Blizzard on hold as the Federal Trade Commission seeks to block the transaction....
...licenses and not amend the terms without the consent of the European Commission....
...In the US, the Federal Trade Commission launched a legal challenge to the acquisition in December, but a federal judge overturned it, and an appeal was rejected....
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