Gambling News - 'Regulation'
Industry
December 9, 2024
FanDuel Faces $10,000 Fine in Massachusetts for Betting Rule Violation
FanDuel Sportsbook is on the receiving end of a $10,000 fine issued by the Massachusetts Gaming Commission (MGC) after a compliance slip-up allowed wagering on in-state college teams, a clear violation of state sports betting regulations. This fine marks the second regulatory intervention in recent months, as BetMGM also faced sanctions in October. FanDuel Had […]
Industry
December 9, 2024
Ukraine Suspects iGaming Operator’s Owners of Helping Russia
An online casino in Ukraine has been accused of possible ties to Russia. As Russia’s invasion continues and the war just surpassed its 1,000th day, Ukraine remains bullish on weeding out all subversive influence from its neighbor. Pin-Up Believed to Be Associated with Russia The Kyiv Independent reported that, on December 5, the State Bureau […]
Industry
December 9, 2024
BC.Game Controversy Puts UK White Label Sponsorships at Risk
White label sponsorship deals are in the sights of lawmakers in Great Britain. The decision to review such practices was confirmed by the gambling minister, Baroness Twycross, earlier this month. During a conference by GambleAware, the minister acknowledged the growing number of white label deals, explaining that she is in discussion with the gambling regulator, […]
Industry
December 9, 2024
NGCB Wants Simplified House Rules for Sportsbooks
Last month, Nevada Gaming Control Board (NGCB) members touched on the subject of a possible expansion of wagering account usage within the state’s non-restricted gaming venues, including casinos. In September, the same gambling regulator announced it would review a proposal seeking to bar banned gamblers from getting paid jackpots at venues across the state. At […]
Legal
December 9, 2024
Commonwealth Court Overturns Philadelphia Ban on Skill Games
Across the United States, skill-based games, offering entertainment similar to traditional slot games but requiring an element of skill in order to win cash prizes, have attracted the attention of lawmakers. In Philadelphia, Pennsylvania, a citywide ban on the popular skill games was enforced earlier this year. The proposal was supported by Councilmember Curtis Jones […]
Industry
December 9, 2024
Senators Demand Antitrust Investigation into FanDuel and DraftKings
Two US senators, Mike Lee (R-Utah) and Peter Welch (D-Vt.), have asked federal regulators to look into possible antitrust rule-breaking by top online sports betting sites FanDuel and DraftKings. Lawmakers Urge FTC and DOJ to Investigate Potential Collusion Between FanDuel and DraftKings The lawmakers sent a letter on December 5 to the Federal Trade Commission […]
Industry
December 9, 2024
NZ Racing Minister Calls for TAB to Govern Online Betting
Planning changes to its gambling industry, New Zealand hinted at the possibility of introducing legal online gambling. While the country is considering regulating iGaming by 2026, a new proposal calls for changes to the existing framework that would propel the monopoly of the operator TAB NZ. TAB NZ May Grow Its Monopoly Model Currently, TAB […]
Sports
December 8, 2024
Irish Soccer Pro Suspended Over Illegal Bets
Ryan Rainey, an Irish soccer athlete, has been suspended from competing after making wagers on the League of Ireland and FAI Cup games. Recognizing his mistake, the man admitted to having a problem with gambling. Rainey Has Been Suspended for Six Months Rainey, a former player for the Finn Harps, has been charged for making […]
Industry
December 6, 2024
Swedish Court Reduces Fine Against Videoslots
The Linköping administrative court in Sweden has significantly reduced a fine imposed on Videoslots by the country’s gambling regulator, Spelinspektionen. The penalty, initially set at SEK 9 million ($827,000) for anti-money laundering (AML) and terrorist financing violations, was slashed to SEK 4 million ($367,000) after an appeal by the online casino operator. However, Spelinspektionen’s warning […]
Industry
December 6, 2024
Queensland Defers The Star Gold Coast’s License Suspension
The new Queensland government has decided to defer The Star Gold Coast’s license suspension by a few months, providing the Australian casino giant with more time to apply its remediation measures. This decision will provide The Star Entertainment Group with a short breather amid a difficult period. The Star Gets a Few More Months to […]