Gambling News - 'Regulation'
Industry
December 3, 2024
NSW Gambling Overhaul Faces Backlash over Questionable Research
A nationwide overhaul of the gambling sector in Australia is yet to pick up speed, despite calls by responsible gambling advocates and charities, highlighting the harm the activity brings. Losses in hundreds of millions of dollars continue to affect customers across the country, while lawmakers are cautiously exploring options for a potential gambling reform. New […]
Industry
December 3, 2024
Atlantic City Casino Smoking Debate Sparks Call for Union Leader’s Exit
The fight about smoking in Atlantic City casinos has grown more intense. Some people who stand up for workers say Local 54 of the Unite Here union takes the side of tobacco companies instead of looking out for employees. UAW Official Urges Local 54 Leader to Step Down This smoking debate reached a peak on […]
Casino
December 3, 2024
Resorts World Must Respond to AML Allegations by December 9
Resorts World Las Vegas has a week to respond to a multi-count disciplinary complaint claiming that the property facilitated money laundering. The casino property’s response originally had to be submitted earlier but the local regulators approved a request for an extension of the response period. The Response Period Had Been Extended According to the Nevada […]
Industry
December 3, 2024
Millions of Americans Use Sweepstakes Resembling iGaming
There are only seven states that offer legal online casino gambling in the United States. Although the expansion of the activity is expected to resume in 2025, as predicted by DraftKings CEO Jason Robins recently, so far, iGaming is limited to a handful of markets, especially when compared to sports betting. While online casino gambling […]
Industry
December 2, 2024
UKGC Updates Operator AML Requirements
The UK Gambling Commission (UKGC) has implemented new anti-money laundering (AML) and counter-terrorist financing (CTF) requirements for gambling operators. These new requirements, effective 29 November 2024, will enhance industry supervision by clarifying the roles of key personnel and ensuring greater accountability. This change will also complement other regulatory updates to strengthen consumer protections. Key Personnel […]
Industry
December 2, 2024
Colombian Regulator Proposes New Safer Gambling Guidelines
Coljuegos, Colombia’s leading gaming regulator, has issued Resolution 22654 of 2024, marking a significant step toward promoting responsible gaming nationwide. The proposed legislation aims to enhance player protections further by requiring operators to adopt stricter measures to prevent risky behavior, educate gamblers, and support individuals struggling with gambling addiction. Operators Must Demonstrate Enhanced Accountability Under […]
Industry
December 2, 2024
Indonesia Pushes for Teen Rehabilitation from Online Gambling
The fight against illegal gambling is intensifying in countries across Asia. With many prohibiting land-based and online gambling activities, illegal offering is a constant threat that results in losses and even affects children. Only recently, thousands of bank accounts, suspected of links to iGaming activities were suspected in Indonesia. Now, the country’s Youth and Sports […]
Industry
December 2, 2024
India Investigates Google Over Real Money Gaming App Practices
The Competition Commission of India (CCI) has started looking into Google after Winzo, a real money gaming (RMG) platform, said Google was misusing its power in the RMG field. Winzo claims Google’s rules favor some apps over others, which creates an unfair market. The CCI is now checking to see if these claims are true […]
Industry
December 2, 2024
Macau Anticipates Changes to Economy Under New Leadership Strategy
The gambling sector represents a major part of the tax revenue in Macau, China’s special administrative region where the activity is legal. With approximately 80% of the revenue coming from gambling activities, the region hinted at plans to shift its focus from gambling to tourism, entertainment, leisure and hospitality. The aforementioned plan was first announced […]
Industry
December 2, 2024
Pushes for Gambling Reform Won’t Go Away, Says Tim Costello
Despite promises and calls by responsible gambling groups in Australia, the country is yet to implement effective restrictions on gambling marketing. Meanwhile, losses to casino gambling and sports betting are in the hundreds of millions on a monthly basis and billions annually. Late last month, the government in Australia laid aside gambling ad reforms ahead […]