Industry
October 27, 2023
Portugal Gambling Regulator Unveils Rules for Crash and Loot Games
Crash and Loot games are a new form of online gambling entertainment that enjoys strong popularity in different markets across the globe. The games offer multipliers, making them more engaging and thrilling, which helps attract a wide range of players. The players of Loot and Crash games are granted a choice to either multiply their […]
Industry
October 27, 2023
KSA: Three Operators Have Breached the New Advertising Rules
The Kansspelautoriteit (KSA), the Netherlands’ gambling regulator, published an update on the market’s newly introduced ban on untargeted advertising. According to the authority, it has had to intervene on three occasions, forcing operators to shut down ads that violated the new advertising rules. For reference, the ban on untargeted ads came into effect on July […]
Industry
October 27, 2023
Gambling Tax Increase in India May Shake the Sector
Earlier this year, lawmakers in India pushed forward a significant change in the taxation for online gambling. At the time, the regulatory body in charge of recommendations to the implementation of the Goods and Services Tax (GST), the Goods and Service Tax Council, greenlighted a proposal for the introduction of a 28% tax applicable for […]
Industry
October 27, 2023
Ex-Grosvenor Casino Employee Murders Colleague and Fiancée
A young man from Italy who was living in the United Kingdom and killed two of his friends was recently sentenced. The chilling crime that saw 22-year-old Andrea Cardinale kill two of his friends by bludgeoning them to death dates back to December last year. The culprit and his 26-year-old friend with the initials A.C. […]
Industry
October 27, 2023
Federal Police in Australia Busts Massive Money Laundering Operation
A massive investigation against money laundering in Australia resulted in the arrest of members believed to be cooperating with a Chinese organized crime syndicate. On Wednesday, more than 240 Australian Federal Police (AFP) members along with nearly 100 specialist members executed 20 search warrants across the country. The operation against money laundering alleges that the […]
Industry
October 26, 2023
X Factor Winner Stephenson Opens Up about Past Gambling Problems
X Factor winner Myles Stephenson opened up about the gambling problems he experienced in his early youth. In an interview with BBC, the musician reminisced about this dark period of his life, sharing insights into how he got hooked on gambling. For reference, Stephenson is a part of the Rak-Su R&B group, which won the […]
Industry
October 26, 2023
Finland’s Veikkaus Supports Licensing Model Plans but Layoffs May Be Necessary
Finland might be on the way to introducing a licensing model for online gaming. The country, which is the only EU member to still maintain a monopoly over iGaming, just broke ground by introducing a legislative plan to transition to a licensing system. Finland’s online gaming monopoly, Veikkaus, commented on the matter, expressing its support […]
Industry
October 25, 2023
EGBA Praises Legislative Project to Introduce a Licensing Model in Finland
Finland is considering a possible modernization of its online gambling laws. The European country is currently considering a licensing model like the ones used by most modern gambling markets. Finland’s intentions were announced by the country’s Ministry of the Interior. The ministry introduced a legislative project that, if advanced, could replace the current monopoly with […]
Industry
October 25, 2023
Philippine Government Issues Memorandum Circular in Hopes of Exiting the FATF Grey List
Bullish on exiting the Financial Action Task Force (FATF) grey list, the Philippine government ordered 44 government agencies to update their policies. As a result, a number of authorities, including the PAGCOR, will be required to review their anti-money laundering (AML) and counter-terrorism financing (CTF) protocols. Under a Memorandum Circular No. 37, issued by the […]
Industry
October 25, 2023
Support Swells for New Jersey Casino Smoking Ban
The Garden State’s lawmakers should soon revisit long-pending casino smoking legislation. Assembly Bill 2151 and Senate Bill 264 aim to make Atlantic City casinos entirely smoke-free, eliminating the existing provision that allows up to 25% of the floor space for indoor tobacco use. This move would align New Jersey with the ongoing US trend to […]
