Industry
April 30, 2024
Changes to Gambling Ad Rules in the UK under Fire by the House of Lords
Last year in April, the UK government released a White Paper following the review of the country’s Gambling Act. The release of the White Paper marked the first step for the changes to the gambling regulations in the country, amid concerns about growing gambling harm and at-risk gambling. This year, the government’s efforts toward the […]
Industry
April 30, 2024
Illinois Gaming Board Takes Regulatory Actions in April Meeting
The gambling regulator in Illinois, the Illinois Gaming Board (IGB), held its monthly regularly scheduled meeting, addressing a number of issues and taking regulatory action. The latest meeting was organized last week, and the Board confirmed a number of regulatory actions. Focusing on video gaming, the gambling regulator approved licenses for three terminal operators, one […]
Industry
April 29, 2024
Curaçao Amends Gambling Legislation Following Industry Criticism
Curaçao’s Minister of Justice, Javier Silvania, has responded to concerns raised by the Curaçao Bar Association regarding the National Ordinance on Gambling (LOK) by announcing amendments to the law. The move comes after the Bar Association strongly objected to some contentions provisions in the gambling law’s draft, particularly regarding lawyers’ accreditation requirements. The Changes Are […]
Industry
April 29, 2024
UKGC Cracks Down on FSB Technology for License Breaches
The UK Gambling Commission (UKGC) has imposed a financial penalty of £29,237 ($36,660) on FSB Technology for breaching various license conditions, including failures related to money laundering prevention, fair and transparent practices, and customer interaction. This action highlights the authority’s ongoing vigilance despite the UK’s regulatory uncertainty amidst the ongoing white paper consultations. The Penalty […]
Industry
April 29, 2024
Australia: 68-Year-Old Sentenced to Prison after $2.6M Fraud
It is not uncommon for people suffering from gambling addiction to be pushed into different crimes. Addiction can have dire consequences for the people experiencing it and their family members, which is why cases of problem gamblers who engage in fraud or even violent crimes are not uncommon. Now, a recent fraud case resulted in […]
Industry
April 29, 2024
Gibraltar Displeased with EU Parliament’s High-Risk List Decision
The United Arab Emirates (UAE), Gibraltar and Panama will remain a part of Europe’s list of countries with significant deficiencies related to Anti-money Laundering (AML) and Countering the Financing of Terrorism (CFT), after voting of the European Parliament last week. A proposal from March called for the removal of the aforementioned countries, identified for their […]
Industry
April 29, 2024
Crown Confirms Restructuring, Initiates 1,000 Job Cuts
Crown Resorts, one of the leading gambling and entertainment operators in Australia, was tangled in a legal hurdle a few years ago after two probes into its operations claimed breaches of anti-money laundering and other regulations. The operator was accused of collaborating with junket operators with ties to criminal organizations. As a result, Crown was […]
Industry
April 29, 2024
Indonesia Sets New Task Force to Fight Illegal Gambling
The Financial Services Authority, Analysis Center and the Financial Transaction reports are all coming together to respond to the need for better addressing the proliferation of illegal gambling in Indonesia. The initiative is about to be launched at the behest of the Ministry of Communications and Information Technology, which previously criticized social media platforms, including […]
Industry
April 29, 2024
Ontario Sports Betting Ads Broadcast across Canada
This April marked the two-year anniversary of the launch of the regulated online gambling market in Ontario, Canada’s most populous province. The flourishing market proved its potential over the last two years, going from strength to strength and expanding the offering for customers in the province. Currently, there are more than 70 licensed gambling operators […]
Industry
April 26, 2024
Kambi Pens Multi-State Deal with Choctaw Nation of Oklahoma
Kambi Group, a leader in the provision of sports betting solutions, has formed a multi-state sportsbook partnership with the Choctaw Nation of Oklahoma, one of the largest Indian communities in the US. Under the deal, Kambi will supply the tribal nation with its cutting-edge sports betting services and tech. Under the agreement, the Choctaw Nation […]
