Analysis
Explainers on regulation, market openings, operator economics, affiliate deals and compliance. Every figure comes from our data or from the regulator's own publications, and every piece links to its sources.
Gambling regulation in Panama explained: licences, regulator and what changes next
Panama’s JCJ licenses online casino, betting and poker operators, including firms serving players abroad, while the national lottery remains separate.
Gambling regulation in Russia explained: licences, regulator and what changes next
Russia restricts online casino and poker while permitting licensed sports betting, governed by the Ministry of Finance and Federal Tax Service.
Gambling regulation in Philippines explained: licences, regulator and what changes next
PAGCOR oversees Philippine gaming licenses, with offshore operations ending recently and new compliance rules emerging.
Gambling regulation in Georgia explained: licences, regulator and what changes next
Georgia's gambling framework relies on Revenue Service licensing, strict age limits, and recent permit proposals for foreign-facing operators.
Gambling regulation in Sweden explained: licences, regulator and what changes next
Sweden operates a licensed gambling market with strict marketing rules and a mandatory self-exclusion register managed by the state regulator.
Player lifetime value at 15% monthly churn: when does acquisition pay back?
Explains player lifetime value, acquisition ratios, and payback periods using illustrative data for industry professionals.
Why accumulators earn sportsbooks so much more than single bets
Accumulators multiply bookmaker margins across legs, increasing expected hold and volatility while requiring careful liability management.
Gambling regulation in Belarus explained: licences, regulator and what changes next
Belarus requires land-based operations for online licences, blocks foreign payments, and restricts advertising under new decree rules.
CPA or revenue share when 25% of players leave each month
Monthly churn rates determine whether CPA or revenue share yields higher returns for affiliates over a player's lifecycle.
Gambling regulation in Netherlands explained: licences, regulator and what changes next
Overview of Dutch gambling regulation, licensing requirements, and advertising restrictions for industry professionals.
Gambling regulation in Belgium explained: licences, regulator and what changes next
Belgium requires online licences to extend physical permits, with strict advertising bans and blacklists for unlicensed operators.
Gambling regulation in United Arab Emirates explained: licences, regulator and what changes next
Commercial gaming in the United Arab Emirates operates under strict GCGRA licences, limiting activity to specific operators and venues.
Player lifetime value at 8% monthly churn: when does acquisition pay back?
Learn how monthly churn affects player lifetime value, the ratio to acquisition cost, and the payback timeline for operators.
Gambling regulation in Kazakhstan explained: licences, regulator and what changes next
Kazakhstan regulates online sports betting via a central accounting centre, while casino games and poker remain illegal under strict licensing rules.
Gambling regulation in Australia explained: licences, regulator and what changes next
Australia restricts online casino games and poker while licensing sport wagering through state authorities under ACMA oversight.
What a 40x wagering requirement really costs: bonus economics for operators
An analysis of bonus economics, detailing how wagering multiples and RTP determine expected losses and break-even points for operators.
Gambling regulation in France explained: licences, regulator and what changes next
France's gambling framework licenses sports betting and poker while restricting other casino games under the ANJ.
Gambling regulation in Spain explained: licences, regulator and what changes next
Spain regulates gambling through a national licensing system overseen by the DGOJ, with specific rules for advertising and self-exclusion.
What a 30x wagering requirement really costs: bonus economics for operators
An analysis of how wagering multiples and RTP determine the true cost of bonuses for operators and affiliates.
Gambling regulation in Germany explained: licences, regulator and what changes next
Germany's gambling framework relies on the GGL for national licensing of slots, poker and sports betting, while table games remain under state control.
CPA or revenue share when 8% of players leave each month
Monthly churn rates determine whether CPA or revenue share yields higher returns for affiliates, with crossover points varying by retention.
Table games and theoretical win: why speed matters as much as the edge
Theoretical win depends on both house edge and rounds per hour. The table shows how speed impacts value across games.
Gambling regulation in United States explained: licences, regulator and what changes next
State-by-state licensing rules define US gambling access, with specific dates for sports betting and tribal online casino authorisations.
Gambling regulation in Armenia explained: licences, regulator and what changes next
Armenia mandates national domains, geo-blocking, and turnover taxes for licensed operators while restricting advertising venues and blocking payments to unlicensed sites.
Gambling regulation in Ukraine explained: licences, regulator and what changes next
Ukraine's gambling framework shifted from KRAIL to the state agency PlayCity, centralising licensing and supervision on a digital platform.
Gambling regulation in Italy explained: licences, regulator and what changes next
How Italy regulates online gambling via state concessions, the role of ADM, and the impact of recent legislative changes on operators.
Gambling regulation in United Kingdom explained: licences, regulator and what changes next
Overview of UK gambling regulation, licensing requirements, duty changes, and stake caps for industry professionals.
Gambling regulation in Norway explained: licences, regulator and what changes next
Norway operates a state monopoly under the Gambling Act, with Lotteritilsynet enforcing strict licensing and DNS blocking rules.
Overround and margin: what a sportsbook really keeps on an over/under totals line
An explanation of how overround differs from the actual margin kept by a balanced sportsbook on totals lines.
Player lifetime value at 20% monthly churn: when does acquisition pay back?
An analysis of player lifetime value calculations at specific churn rates and the impact on acquisition payback periods.
What a 25x wagering requirement really costs: bonus economics for operators
How wagering multiples and RTP determine bonus costs for operators, with tools to calculate break-even points and expected losses.
CPA or revenue share when 15% of players leave each month
Monthly churn determines whether CPA or revenue share yields higher returns for affiliates managing player lifetimes.
Gambling regulation in Canada explained: licences, regulator and what changes next
How Canadian gambling regulation works through provincial licensing, with Ontario and Alberta leading competitive markets.
Gambling regulation in Japan explained: licences, regulator and what changes next
Japan limits gambling to public racing and lotteries while banning online casino ads under revised laws effective late September.
Gambling regulation in India explained: licences, regulator and what changes next
India bans online money games nationwide under new rules effective from the stated date, with e-sports promoted instead.
Why accumulators earn sportsbooks so much more than single bets
Accumulators increase bookmaker margins by compounding per-leg edges, affecting hold and pricing strategies for operators.
Overround and margin: what a sportsbook really keeps on tennis match with a clear favourite
This guide explains how overround and margin differ in tennis betting, using a clear favourite to show how fair odds are calculated.
Player lifetime value at 6% monthly churn: when does acquisition pay back?
This guide explains how monthly churn and contribution margins determine player lifetime value and acquisition payback periods.
Gambling regulation in Brazil explained: licences, regulator and what changes next
Brazil regulates fixed-odds betting and online games through the Ministry of Finance, requiring .bet.br domains for authorised brands.
What a 50x wagering requirement really costs: bonus economics for operators
A wagering requirement multiplies the bonus value to determine total stakes, creating expected losses based on game return rates.
What a few points of RTP are worth to a casino: theoretical win per hour
How theoretical win per hour is calculated from stake and house edge, and why small RTP differences matter to operators.
Overround and margin: what a sportsbook really keeps on two-way
This guide distinguishes between overround and balanced book margins in two-way sports betting markets, explaining how traders calculate fair odds.
CPA or revenue share when 5% of players leave each month
Monthly churn rates determine whether CPA or revenue share models yield higher returns for affiliates over time.
Gambling regulation in New Zealand explained: licences, regulator and what changes next
New Zealand licenses a capped number of online casino operators under new laws while sports betting remains with TAB NZ under internal affairs oversight.
Why accumulators earn sportsbooks so much more than single bets
Accumulators increase the bookmaker's expected margin across legs, raising hold while increasing result volatility for operators.
Single, double or triple zero: how the roulette wheel sets the house edge
How zero counts on roulette wheels change house edges and why operators choose specific layouts for their margins.
Overround and margin: what a sportsbook really keeps on football match-result
Learn how overround differs from the balanced book margin in football markets and how traders estimate fair odds for pricing.
Player lifetime value at 12% monthly churn: when does acquisition pay back?
Learn how monthly churn impacts player lifetime value, acquisition cost ratios, and payback timelines for sustainable growth.
Gambling regulation in Finland explained: licences, regulator and what changes next
Finland shifts from the Veikkaus online monopoly to a licensed market for betting and casino games, with specific dates for operators.
The break-even wagering requirement: one formula every bonus team should know
Learn how the break-even wagering multiple links house edge to bonus cost, and how game weighting affects operator margins.
CPA or revenue share when 10% of players leave each month
Monthly churn rates determine if CPA or revenue share yields higher returns, with crossover points shifting based on retention.
Germany's 5.3% tax on stakes: why it can exceed a slot's entire gross gaming revenue
Germany taxes stakes directly, causing the levy to exceed operator revenue on high-return games like slots.
Malta's gaming tax from 1 October 2026: 15% for casino games, 10% for betting and poker
Malta adjusts gaming tax rates from October, distinguishing between casino games and other betting products for local revenue streams.
Brazil's betting tax rises from 12% to 15% of GGR by 2028: what it costs operators
Brazil's betting tax rises in yearly steps to the final rate, increasing operator costs by a quarter compared to the previous level.
The UK's remote gaming duty at 40%: what it takes out of an online casino's revenue
The UK's remote gaming duty on online casino revenue almost doubles: what the new rate takes out of revenue, bonuses and supplier margins.
Why accumulators earn sportsbooks so much more than single bets
Accumulators multiply bookmaker margins across legs, increasing hold significantly compared to single bets.
New pieces appear here as they are published. For the underlying data, open the regulation tracker or the calculators.
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