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Economy => Service Announcements => Topic started by: BazPay on May 23, 2025, 01:33:47 PM



Title: Focused on High-Risk? So Are We — Meet BazPay
Post by: BazPay on May 23, 2025, 01:33:47 PM
It’s a pleasure to join the community!

Allow us to introduce BazPay — a reliable and flexible payment solution provider built especially for the needs of high-risk businesses.

BazPay offers customers a convenient and profitable payment services. We cooperate with highrisk companies and provide them with a full range of services. We offer:

Payment gateway with which you can be sure that payments are processed on time and that your business is running smoothly
Card and APM’s processing that will transfer information from the merchant to the payment processor, ensuring seamless and secure payment processing.
Banking solutions which will provide you with an opportunity to process such payments even better

Connect our payment processing solution and grow your business — no matter what!

Feel free to reach out — we’re open to partnerships, questions, and collaboration!


Title: Re: Focused on High-Risk? So Are We — Meet BazPay
Post by: BazPay on October 16, 2025, 09:27:11 AM
Spain warns of loot box risks in new public campaign

Spain’s Ministry of Consumer Affairs has launched a campaign to raise awareness about the dangers of loot boxes in video games. The initiative, titled "Not Everything is a Game," targets families and young players. It highlights how these mechanics resemble gambling and may lead to compulsive spending behaviors.

Loot boxes allow users to purchase randomized virtual items with real money. The Ministry noted that their unpredictable rewards can encourage excessive or impulsive play. Officials warn that such features exploit psychological vulnerabilities, especially among minors.

The campaign provides educational materials explaining how loot boxes function and the risks involved. It also offers guidance for parents to help children develop responsible gaming habits. Consumer Affairs Minister Pablo Bustinduy urged game developers to protect minors and promote transparency.

Authorities are calling for clearer odds disclosure and stricter age ratings for games containing loot boxes. Spain joins other European countries pushing for regulation in this area. The government’s move reflects growing concern over the blurred line between gaming and gambling.


Title: Re: Focused on High-Risk? So Are We — Meet BazPay
Post by: TrustChange on October 30, 2025, 11:19:51 AM
GambleAware calls for stricter rules on online gambling ads

GambleAware has urged the government to reform outdated regulations on online gambling and marketing content. The charity warned that children and young people are increasingly exposed to gambling promotions online. It says this exposure normalizes gambling and presents it as risk-free.

The organization highlighted that gambling is an age-restricted activity, yet minors still see related ads across digital platforms. Such exposure, according to GambleAware, raises the risk of developing gambling-related harm early. The group emphasized that current safeguards are not keeping pace with modern online behavior.

To address this, GambleAware proposed stricter measures, including mandatory health warnings on all gambling promotions. It also called for greater accountability from online platforms. These changes aim to reduce children’s exposure and protect vulnerable audiences.

The charity’s latest study found that around 85,000 children in Britain were harmed by gambling in 2024. This figure has doubled since 2023, underscoring the urgency of reform. GambleAware’s leadership insists that immediate action is needed to modernize digital gambling regulations.


Title: Re: Focused on High-Risk? So Are We — Meet BazPay
Post by: BazPay on November 13, 2025, 12:11:54 PM
Mainland businessman accused of keeping casino jackpot

A mainland Chinese businessman has been accused of keeping a HKD 569,000 (US$72,900) jackpot won while playing a slot machine on behalf of another gambler. The 35-year-old suspect, surnamed Tang, was reportedly given HKD 1,000 to play for the victim during a visit to a Macau casino. The agreement was that any winnings would be returned to the original player.

However, Tang allegedly refused to share the winnings after hitting the jackpot. He collected the prize and attempted to flee the casino before the victim reported the incident to security. The case was then handed over to the Judiciary Police for investigation.

The incident occurred on 7 November, and Tang turned himself in two days later. Authorities said he refused to cooperate during questioning, and no cash was found on him. Police did, however, seize a mobile phone believed to be connected to the case.

The Judiciary Police described the act as a serious breach of trust. The case has been transferred to the Public Prosecutions Office for further action. Investigators are still working to recover the missing funds and identify any potential accomplices.


Title: Re: Focused on High-Risk? So Are We — Meet BazPay
Post by: BazPay on November 27, 2025, 09:30:14 AM
UK to raise remote gaming taxes as new betting duty arrives in 2027

The UK will raise its remote gaming duty from 21% to 40% starting April 2026, according to the latest autumn budget. A new remote betting duty will also take effect in April 2027 at 25%, replacing the current 15% rate. The government expects these changes to significantly increase gambling tax revenues.

The new betting duty applies only to online betting profits and excludes spread betting, pool bets and horse racing wagers. Self-service betting terminals will also remain exempt from the updated rate. The Treasury launched consultations earlier this year on merging the previous three-rate tax system.

Gambling tax receipts are projected to reach £4 billion in 2025–26, representing a 9.8% year-on-year increase. By 2026–27, receipts are forecast to jump by another 24.8% to £5 billion. Other measures include abolishing the 10% bingo duty and freezing casino gaming duty bands for 2026–27.

Officials said operators are expected to pass up to 90% of the higher taxes to consumers, reducing demand and lowering projected revenue by £500 million by 2029–30. Industry groups previously warned that higher remote betting duties would negatively affect retail and horse racing sectors. The Treasury Select Committee later recommended taxing different gambling verticals according to their risk profiles.