The iGaming industry is evolving rapidly, with new regulations, market expansions, and policy changes shaping the future of online gambling worldwide. According to Mordor Intelligence, the sector could grow by nearly 50% in the next five years, reaching a staggering $169.22 billion by 2030. Here’s a roundup of the latest developments across major iGaming markets.

🇬🇧 UK: Stricter Rules from the British Gambling Commission

The British Gambling Commission (BGC) has introduced new rules focusing on deposit limits and enhanced customer fund protection. These changes aim to promote safer gambling and reduce financial risks for players. Operators must now ensure stricter verification processes and responsible gaming measures.

🇧🇷 Brazil: Tighter Restrictions on Gambling Promotions

Brazil’s gambling regulator has enforced new restrictions on the use of money-related images in gambling promotions. This move is part of the country’s effort to promote responsible advertising and prevent misleading marketing tactics in the booming Brazilian iGaming market.

Additionally, a study by the Play4Fun payment platform revealed that in 2024, an overwhelming 96.72% of all online betting transactions in Brazil were made using Pix, the country’s instant payment system.

🇦🇺 Australia: Western Australia Strengthens Gambling Laws

Western Australia has introduced stricter gambling laws, including higher penalties and stronger enforcement powers. These measures aim to combat illegal gambling operations and ensure better consumer protection across the region.

🔎 Google to Update Gambling Advertising Policy

Google has announced an upcoming review of its gambling advertising policies, set to take effect on April 14, 2024. This could impact how operators and affiliates promote their services online, affecting ad visibility and targeting strategies.

🇮🇳 India: Potential New Online Gambling Law

Reports indicate that India is considering new legislation to regulate online gambling. While details remain unclear, a structured legal framework could help protect players and provide clarity for operators in one of the world’s fastest-growing digital markets.

🇮🇹 Italy: iGaming Market Hits €5 Billion in Revenue

Italy’s iGaming industry continues to thrive, with market revenue reaching €5 billion in 2024. This growth highlights the increasing popularity of online casinos and sports betting among Italian players.

🇦🇲 Armenia: 5x Increase in Online Gambling Fees

The Armenian government has announced a fivefold increase in fees for online gambling operators. This drastic change may impact the market’s profitability and lead to adjustments in business strategies for operators in the region.

🇲🇹 Malta: Gaming Authority Strengthens Regulatory Oversight

The Malta Gaming Authority (MGA) has revealed plans to enhance its regulatory approach, ensuring stricter compliance and more effective oversight. Malta remains a key hub for international gaming operators, and these changes aim to maintain the jurisdiction’s reputation as a trusted iGaming hub.

Final Thoughts

With new regulations, market expansions, and policy updates, the global iGaming industry is undergoing significant transformation. Operators, affiliates, and players must stay informed about these changes to adapt and succeed in this dynamic environment.

For more updates, stay tuned to the latest iGaming industry news! 🚀