Gambling News - 'Regulation'
Industry
April 8, 2024
Victoria Implements Tougher Standards for Sportsbook Player Statements
Several years ago, the gambling regulator in Victoria, Australia, the Victorian Gambling and Casino Control Commission (VGCCC), initiated a review of the monthly statements provided by betting operators in the jurisdiction. Last summer, the gambling watchdog issued an Activity Statement Expectations Guide and requested feedback from the licensees. Implementing changes to the way operators present […]
Casino
April 8, 2024
Petersburg Casino Legislation Faces Unexpected Setback
Petersburg Governor Glenn Youngkin has sent Senate Bill 628 back to the General Assembly with a recommendation to amend the legislation, indicating that a do-over vote is unnecessary for setting up Petersburg as the fifth casino-host city in Virginia. While this move has raised some concerns, it should not affect the bill’s expected success. The […]
Industry
April 8, 2024
Minnesota Senator Bets of Safety as Online Wagering Discussions Continue
Lawmakers in Minnesota are trying to get mobile sports betting legalized in order to capitalize on the explosive growth of wagering across America. While measures have advanced in both the House and Senate, the future of online betting in the state remains uncertain. As legalization struggles to make strides, Senator John Marty proposed a bill […]
Legal
April 5, 2024
DOI Requests Extension in SCOTUS Florida Sports Betting Case
The Department of Interior (DOI) has requested an extension in the ongoing Florida sports betting case before the US Supreme Court. Originally scheduled to file its response to the writ of certiorari submitted by two Florida parimutuel operators on 12 April, the DOI is now seeking an extension until 12 May due to the temporary […]
Industry
April 5, 2024
Dominican Republic Prepares to Re-Regulate iGaming, Blacklists Operators
The Dominican Republic has blacklisted dozens of operators as it prepares to re-regulate gambling. In line with this, the Caribbean nation announced its intention to bar unlicensed companies from operating in the country. Several days ago, the Dominican Republic’s minister of finance, Jose Manuel Vicente, signed resolution 136-2024, providing a new regulatory framework for online […]
Industry
April 5, 2024
Spillemyndigheden Issues Orders, Reprimands SkillOnNet
Spillemyndigheden, the Danish Gambling Authority, tasked with the regulation of the gambling sector in the country, announced it issued reprimands and orders against one gambling operator. Earlier this week, the Authority revealed that it issued three orders to SkillOnNet. The orders came after the gambling regulator uncovered that the licensee breached the rules for anti-money […]
Business
April 5, 2024
KSA Teams up with Cloudflare to Combat Illegal Gambling
The Dutch gambling regulator, Kansspelautoriteit (KSA), announced it signed a new agreement with the global provider of cloud services, Cloudflare. The new collaboration was confirmed Thursday by the gambling watchdog. Joining forces with Cloudflare, KSA said that it will continue the battle against illegal online gambling websites offering their services to Dutch customers. Per the […]
Legal
April 5, 2024
Florida Governor Enacts Bill on Seized Gambling Assets
Seizing of assets obtained through illegal means is not uncommon across the United States. While regulations vary from one state to the other, in general, assets obtained through criminal activities are seized and can be resold to benefit different state and county programs. While this can provide vital funding for different programs, it also allows […]
Industry
April 4, 2024
UKGC Hits bet365 with $740K Fine over AML, Social Responsibility Breaches
The UK gambling regulator, the Gambling Commission (UKGC), announced that bet365 was the latest operator hit with a settlement due to regulatory breaches. On Thursday, the gambling regulator confirmed that the leading betting and gaming company is subject to a £582,120 ($737,234) monetary sanction. The hefty settlement comes after the Commission uncovered social responsibility failures […]
Sports
April 4, 2024
Louisiana to Roll out Ban on College Prop Bets Starting from August
A new change announced by the gambling regulator in Louisiana seeks to ban prop bets for college sports. The statewide expansion of sports betting paved the way for wagering on college games, in addition to professional sports. With many states offering a wide range of betting options, wagers that involved specific parts of the game […]