Tag: regulations

The new sports betting regulations shaking up Brazil’s iGaming sector - 1Stop Translations

The new sports betting regulations shaking up Brazil’s iGaming sector

When Brazil wrote a new set of sports betting regulations in 2018, this type of gambling was illegal under national law. In late July 2023, that changed, as President da Silva finally turned the bill into law.

4 minutes – read

The new sports betting regulations shaking up Brazil’s iGaming sector - 1Stop Translations

The decision came after a massive match-fixing scandal, in which players were offered up to 20,000 USD to give away penalty kicks and purposefully earn yellow cards. This scandal allowed gamblers to increase their wins on gaming sites. The new gambling regulations are designed to offer legal protection and prevent betting companies from profiting from match-fixing.

The 2018 legislation didn’t have comprehensive regulations, and much of the language used was unclear. This issue has been resolved. More importantly, the amendment now defines how fixed-odds income should be allocated.

Marketing and advertising restrictions

The new law requires gaming operators to encourage responsible gambling in Brazil and prevents bookmakers from acquiring the right to broadcast sports events. Sports betting translations will need to incorporate this requirement, as bookmakers scramble to promote healthier betting habits. The National Council for Advertising Self-Regulation will manage compliance. A self-regulation board will slowly establish gambling regulations governing the ethical standards of sports betting advertising.

The task force was created on 27 July 2023, but sports betting enterprises have already been barred from buying streaming rights for local sporting events. Existing legislation already forbids gambling advertising to promote illegal activities, but the definitions for “responsible gaming habits” have yet to be created. Unlicenced gaming ads will likely be banned in sports betting digital marketing, but it’s still too early for any certainty.

Marketing and advertising restrictions - 1Stop Translations
The new law requires gaming operators to encourage responsible gambling in Brazil

International operators have already started rolling out adverts and sponsorships despite their lack of licences. This has occurred despite the fact that Brazil has already banned businesses from sponsoring teams, competitions, and sporting bodies unless they have established headquarters in Brazil.

Brazil’s sports betting law and taxes

Federal Law No. 13,756/2018 will, for the first time in Brazilian history, allow fixed-odds betting so that bookmakers can share the odds of sporting outcomes. This provisional action will also make gambling a taxable matter. Bookmakers will be required to pay a 18% tax on all Gross Gaming Revenues. The Ministry of Sports’ revenue will increase from 1% to 3%. Licencing costs will also rise exponentially from the previous amount of 22 million R$.

In the past, Brazil’s sports betting regulations have provided few resources to manage a healthy gambling space. Sports betting taxes will fix the problem and will be managed as follows:

  • 2.5% will go to the National Fund for Public Security
  • Sports clubs will receive 1.6%
  • 10% will be funnelled into social security
  • 1% will go to the Ministry of Sports
  • The last 0.8% will be spent on sport initiatives
Brazil’s sports betting law and taxes - 1Stop Translations
Federal Law No. 13,756/2018 will allow fixed-odds betting in Brazil

The gambling regulations will also prevent bookmakers’ staff, athletes, and other influential parties from betting. The Ministry of Finance will oversee sports betting regulations, licencing, and advertising.

A true revolution for the LATAM gambling sector

The new taxation is expected to raise 423 million USD for the Brazilian iGaming sector, but it remains a provisional measure. The government will need to renew it after 60 days. However, the taxes will raise enough funds to punish match-fixing.

Gambling has never been this safe or controlled. The legalisation of fixed-odds sports betting is a game-changer for both sport fans and betting houses. Its revenue potential has been unleashed, and it’s sure to drive massive economic growth.

A true revolution for the LATAM gambling sector - 1Stop Translations
The new taxation is expected to raise 423 million USD for the Brazilian iGaming sector

Sports betting houses are still expecting a more transparent, comprehensive set of laws, which will guide sportsbook translations and marketing material.

Expanding your opportunities

If you offer sports betting services, you’re probably coming to grips with what the new legislation means for your business. You just need to look at the USA to get your answer. Within a year of sports betting legalisation, gaming revenue increased to 41 billion USD. Casinos could expand while unethical, poorly-managed gambling houses went out of business. Competition heated up, and access to gaming grew. Some casinos won, and some lost this challenge. If you offer gambling in Brazil, you’ll have to choose your outcome.

As the government issues licences for offline and online gambling, you will, at last, be able to capture foreign revenue. The sports betting market is expected to rise to 44 billion USD. This sector is experiencing an annual growth rate of almost 10%. Diversifying your audience will build stability and push up profits, so this is the time to update your site and sportsbook translations.

A massive growth spurt is on the way. Brazil’s sports betting market is expected to have an annual growth rate of 33.60%. By 2027, it will reach 2.1 million users. Improved regulations might even give local brands a competitive advantage against offshore operators. The government hasn’t brought action against those operators in the past, but burgeoning taxation could give it the funds to do so.

The laws that govern gambling in Brazil might have been updated, but they’re still incipient. As the months go by, legislation will be tightened and amended. Even so, 2023 is a crucial year for casinos. With a market that just became wide open, sports bookers can finally race ahead.

If you’re ready to benefit from the upcoming revolution, contact us to discuss your content needs.


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Top 3 online gambling licenses you didn't know - 1Stop Translations

Top 3 online gambling licenses you didn’t know

In the burgeoning world of online gambling, securing the right iGaming license is a pivotal first step. This key to operating legally can help to bolster your iGaming business.

5 minutes – read

Top 3 online gambling licenses you didn't know - 1Stop Translations

The most renowned license in the industry is the Curacao license, known for its extensive reach and modest requirements. The diverse landscape of the iGaming sector presents several other options, each with its unique advantages. It is essential to carefully weigh up your choices to find the iGaming license that perfectly aligns with your business objectives.

Having several choices when it comes to obtaining a gaming license offers flexibility and strategic advantages to your iGaming business.

Different jurisdictions come with varying benefits, from fast processing times and lower costs to tax benefits to robust legal protections. This range of options allows businesses to select a license that aligns with their operational needs, target markets and financial strategies.

Additionally, having a choice of licenses enables businesses to adapt to changing regulatory landscapes and geographic expansions. Ultimately, it empowers your iGaming venture to navigate the dynamic gambling scene effectively and competitively.

Fastest and easiest iGaming license: Anjouan

Fastest and easiest iGaming license: Anjouan - 1Stop Translations
For businesses looking to scale quickly and with minimal hurdles, the Anjouan license can be an ideal choice

When it comes to simplicity, the Anjouan license stands out. Part of the Union of Comoros, a small African nation, Anjouan has been offering its license since 2005. What makes this license particularly attractive is:

  • Quick process: It typically takes 2-3 weeks to secure an Anjouan license, far quicker than many other jurisdictions.
  • Minimal bureaucracy: The requirements are less stringent and paperwork is kept to a minimum, making it an easy process for new entrants into the sector.
  • Cost-effective: The cost to apply and maintain this license is relatively low, easing the financial burden on startups.

Despite these advantages, it’s essential to understand that Anjouan is less recognised compared to other jurisdictions. For businesses looking to scale quickly and with minimal hurdles, this can be an ideal choice.

Kahnawake: online gambling license with zero taxes

Based in the Canadian Mohawk territory, the Kahnawake Gaming Commission has been issuing licenses since 1996. Over the years, it has gained repute for its robust gambling regulations and zero-tax policy. Here’s what you should know:

  • No tax: With a Kahnawake license, enterprises pay no tax on profits, making it a lucrative option for expanding iGaming businesses.
  • Trusted and reliable: Kahnawake enjoys a high level of trust and is recognized by various countries, increasing the attractiveness of businesses holding this license.
  • Comprehensive regulations: The region has comprehensive gambling laws that ensure fair play and protection for gamers, enhancing your brand’s reputation.
Kahnawake: online gambling license with zero taxes - 1Stop Translations
Kahnawake: online gambling license with zero taxes

While it’s not the easiest license to obtain, the tax benefits and global recognition make it an attractive option for businesses in the iGaming sector.

Isle of Man gambling license: top infrastructure and fiscal benefits

Finally, let’s look at the Isle of Man. Known for its comprehensive legal framework, top-tier infrastructure and attractive fiscal benefits, this jurisdiction is a highly regarded entity in the industry. Advantages include:

  • Reputable: Holding an Isle of Man license adds prestige to your business. This jurisdiction is known for its strict regulations and high standards, thus earning trust from players worldwide.
  • Top-notch infrastructure: The Isle of Man offers world-class IT infrastructure, ensuring seamless online operations for your business.
  • Fiscal benefits: Businesses enjoy low corporate taxes and zero taxes on gambling profits, making it financially beneficial.

The Isle of Man license might be more challenging to obtain due to its stringent requirements, but the benefits it brings make it a worthy consideration for any iGaming business.

Isle of Man gambling license: top infrastructure and fiscal benefits - 1Stop Translations
Isle of Man gambling license: fiscal benefits

Enhancing your iGaming business with professional translations

Having the right iGaming license is just the start. To truly penetrate and thrive in the global market, effective communication with your audience is key. That’s where iGaming translations come in.

High-quality iGaming translations help your business to navigate the complexities of the international iGaming sector, ensuring that your services are accessible and engaging to users across different regions. From gaming content to legal documents, iGaming translations ensure that every aspect of your business is linguistically and culturally apt for your target market.

Beyond translations, the successful expansion also requires a deep understanding of global gambling regulations and the nuances of this sector in different regions. This is where we come in with our comprehensive iGaming services.

From securing the right license to providing expert translations and effective digital marketing strategies, we’re here to support and drive your growth in the exciting world of online gambling.

Ready to take your iGaming services to the next level? Contact us today and let’s explore how our services can help you achieve your business objectives.


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New gambling laws in UK: what's new - 1Stop Translations

New gambling laws in UK: what’s new

April 27, 2023, saw the presentation of a long-awaited UK gambling white paper laying out proposed changes to how the iGaming business is regulated.

4 minutes – read

New gambling laws in UK: what's new - 1Stop Translations

If you would like to know more about the new gambling laws and regulations that are outlined in the paper, 1Stop Translations is here with a complete run-down.

The key areas of the paper are as follows:

  • Changes to gaming regulations in the smartphone era
  • Checks and limits suggested by the white paper
  • How online advertising should be handled

Gambling regulations in smartphone era

Given that the gambling white paper is based on a review of laws passed in 2005, it has had to consider the vast changes to iGaming business that have occurred since then.

To put things in context, the smartphone era did not truly begin until 2007, when the iPhone was released. Britain’s iGaming services have undergone significant transformation to adapt to this changing media landscape, and it is only natural that gambling law is modified to catch up.

As part of its recommendations for the iGaming sector, the paper proposes a maximum stake limit for online slot games. The suggested sum is between £2 and £15, although this may change as it is subject to consultation. The idea here is to limit high-stakes gaming, while still ensuring that the gambling law does not spread to an unneeded interference with safer, low-stakes gaming.

Gambling regulations in smartphone era - 1Stop Translations
To put things in context, the smartphone era did not truly begin until 2007, when the iPhone was released

Another proposal concerns deposit limits, which are standard at online casinos and iGaming business sites. Under new gambling laws, deposit limits could potentially become mandatory, or at least set as a default so that the player can choose to opt out (as opposed to current practice in iGaming translations, where players choose to opt in).

Still another aspect of gambling in the smartphone era is the matter of account verification. The paper concludes that current systems are effective but suffer from a few weaknesses in terms of matching the holder of a given account to the payment details.

This problem could lead to compliance issues that could directly affect iGaming translations. The paper makes a vague statement about future discussions on how such risks can be mitigated with new regulations and technologies.

New gambling white paper: checks and limits

One of the conclusions reached by the white paper is that evidence points to an association between specific aspects of online gambling and an elevated risk of harm: in other words, that the online form of gambling has the potential to be more harmful to players than gambling in physical betting shops, casinos and other traditional outlets.

While the white paper acknowledges the widely-held principle that members of the public should have the freedom to choose how to spend their money, even if their choices might be unwise or even dangerous, it also recommends a series of risk checks that can help to make it safer to gamble online.

New gambling white paper: checks and limits - 1Stop translations
The paper suggests that, if a player loses a certain amount on gambling then they will be subject to unintrusive checks

The paper suggests that, if a player loses a certain amount on gambling (a net loss of £125 within a single day or £500 over the course of a month are put forward as moderate amounts) then they will be subject to unintrusive checks. More detailed checks will commence at higher loss levels (£1,000 within a day or £1,000 across 90 days are the proposed numbers).

Gamblers still have the freedom to continue playing and potentially losing; under these proposed gambling regulations, the checks would merely offer the player advice and guidance, rather than actively prevent them from continuing. Another proposal is that younger players in the iGaming sector, those aged from 18 to 24, be subject to enhanced checks at lower thresholds.

Gambling advertising, marketing and sponsorship

The gambling white paper flags up potential issues with online adverts for iGaming services. It warns that such promotions could encourage excessive gambling among people who have already developed unhealthy habits regarding online casinos; they may also attract minors under 18 who are too young to play at such sites under gambling law.

The two primary areas for reform identified by the paper are direct marketing and bonus offers. Direct marketing is tailored towards specific individuals whose browsing habits indicate an interest in online gambling, and so can potentially affect people with gambling addictions.

Offers of welcome bonuses and free bets, meanwhile, can be misleading; the paper announces that the Gambling Commission will review such offers to ensure that they are presented responsibly, and will also strengthen the role of consent in direct marketing, giving users more room to opt out of such adverts.

Gambling advertising, marketing and sponsorship - 1Stop translations
The gambling white paper flags up potential issues with online adverts for iGaming services

The thrust of the new or revised gambling regulations relating to adverts is that these promotions will make a greater effort to avoid appealing to vulnerable people and children. To give an example, the Premier League has agreed to withdraw gambling logos from players’ shirts as of the end of the 2025/2026 season precisely because of its appeal to younger people.

The paper announces that the DCMS Online Advertising Programme is reviewing the matter with a particular focus on the role of online platforms in the dissemination of adverts for iGaming services.

Conclusion

As you can see, the iGaming sector is a fast-changing place, and new gambling laws can be a challenge. At 1Stop Translations, we pride ourselves on keeping ahead of the curve and ensuring that our clients receive completely up-to-date advice on all forms of iGaming localisations. Call our agency now, find out more about our services and get your content localised!

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New gambling regulations in 2023 for Italy, Hungary, and Sweden - 1Stop Translations

New gambling regulations in 2023 for Italy, Hungary, and Sweden

Online gambling has always been strictly licensed all over the world. Global authorities have issued regulations for everything, from software development to marketing, so iGaming localisation can be a complicated task.

4 minutes – read

New gambling regulations in 2023 for Italy, Hungary, and Sweden - 1Stop Translations
New gambling regulations in 2023 for Italy, Hungary, and Sweden

Every iteration of your business must comply with the regulations of its location. Europe’s online gaming industry offers enormous promise, but that doesn’t make it easy to navigate. The continent might be considered a single state in economic terms, yet every EU nation has its own casino legislations.

Fortunately, the world is gradually developing a clearer and more accessible regulatory environment for gambling operators. Let’s take a look at three EU countries who are changing the law.

Italy extends online gambling licences in the iGaming sector

Gambling addiction is a serious problem amongst Italian players; therefore, the authorities are paring back the sector. Italy has always had strict regulations for sports wagers and online gambling, but the government is shaking up its approach to make room for the iGaming sector. Licenses will be extended until December 2023.

Parliament has also extended remote gaming, betting, and bingo licenses until the close of 2024, making this the perfect time for iGaming localisation. As you reassess the Italian leg of your casino, you’ll need to fit into the local licensing regime, which has only 40 licenses on offer. Still, Italians are enthusiastic gamers, so all those iGaming translations and licenses are well worth seeking out.

Italy extends online gambling licences in the iGaming sector - 1Stop Translations
Gambling addiction is a serious problem amongst Italian players; therefore, the authorities are paring back the sector

Online gambling law in Hungary

Hungary’s iGaming sector requires all online and land-based casinos to hold a concession licence. The government has cleared room for online sports betting operators to enter the market in the European Economic Area.

Its new 2022 gambling act relies on a multi-licensing model controlled by the Supervisory Authority of Regulatory Affairs. Applicants are required to have a minimum of five years’ experience in a different EEA nation, so you might have to wait a few years before launching your localisation project.

Hungary’s new regulation widens the market for iGaming content services. Casinos can now find provisions for a wider array of games, including horserace betting and online cards. Sports betting operators can at last find an audience on Hungarian soil. The new licence covers a five-year period, but the small print has yet to be finalised. Operators can expect a more comprehensive set of regulations in the coming months, but they can begin iterating their localisation strategy.

New gambling regulations in Sweden

In 2022 Sweden’s government proposed a robust new gambling regulation to protect gamers and create a more sustainable gaming industry. Online casino licences and software licences will be available from July 2023. Regulators will be issuing an initial batch of 70 licences as it bolsters the laws against advertising as an unlicensed operator.

The government has also removed the need for permits for entertainment games like LANs and pinball. If you’re in the midst of your iGaming translations, bear in mind that it’s against the law for foreign casinos to advertise to Swedish gamers. That adds a significant challenge to your localisation efforts, but you can overcome it by leaning into your global advertising campaign.

New gambling regulations in Sweden - 1Stop Translations
In 2022 Sweden’s government proposed a robust new gambling regulation to protect gamers and create a more sustainable gaming industry

How to localise your online casino by jurisdiction

Jurisdictions are some of the most important and far-reaching components of the localisation process. Handle them poorly, and you could end up with a hefty fine or even have your entire enterprise shut down. Online gaming environments are required to fit in with the licensing requirements and regulations of the country they’re operating in, which is no easy task. It requires an in-depth grasp of local laws, which are rarely static.

Your localisation process must reassess the market every time a regulation is added. This is an infinite process that should be handled by someone who is proficient in both the practice of law and the applications for licensing.

Every operator needs to study the market they’re about to enter. Fail to achieve that, and you might spend a fortune launching in a jurisdiction that’s too expensive to operate in. Before you even consider an offshore launch, you’ll need to assess all the costs involved in licensing. You can make the process easier by keeping a pack of frequently-required documents for licensing authorities. That way, you can scale faster and more efficiently.

Crypto Gambling Regulations in Europe
Credit: casinosblockchain.io

Choosing your localisation options

Some locations are easier to localise than others. The liberal laws of the UK, Gibraltar, and Costa Rica are primed for casino owners who have never localised before. They have regulatory bodies who can answer your questions and an easy tax environment to adapt to. If you’ve never launched on foreign soil before, it might be best to hire a professional company to handle your iGaming content services on your behalf.

Europe is home to several different gambling jurisdictions, and not all of them are EU members. Some countries operate independently, so your localisation needs to be handled one country at a time. 2022 was a significant year for digital casinos. Nations all across the EU created new legislative bills and regulations to open up the sector to foreign operators while still cutting down on addictive gaming.

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