Legal
January 18, 2023
UKGC Hits TonyBet with $550K Fine over Various Breaches
The fine was announced Wednesday and sees TonyBet, which operates tonybet.co.uk, receive a £442,750 ($547,300) financial penalty from the gambling regulator. In addition to the financial penalty that the operator would need to pay, the Commission issued a warning. Gambling Commission Uncovers AML Deficiencies The gambling watchdog pointed out that TonyBet did not conduct an […]
Legal
January 18, 2023
Nationwide Gambling Reform Not Needed, Says Australian PM
As reported by The Australian Financial Review, Albanese did not show support for a nationwide gambling reform. Gambling Regulation Is in the Hands of States Instead, the PM acknowledged that the regulation of poker machines and a reform of the sector are in the hands of the lawmakers in each state. Speaking about problem gambling, […]
Insider
January 18, 2023
Mobinc CEO Sergei Belikov: Next steps for Artificial Intelligence in iGaming
Disclaimer: The following text is contributed by Mobinc CEO, Sergei Belikov. The need for technological advancement is clear and artificial intelligence, in which software is programmed to perform human tasks, is one of the most promising solutions, writes Mobinc CEO, Sergei Belikov. The Evolution of AI in iGaming Recent years have seen artificial intelligence have […]
Legal
January 18, 2023
Former Suncity Group CEO Alvin Chau Gets 18 Years in Prison
GGR Asia reported that Chau, who was arrested back in November 2021, was found guilty on charges of illegal gambling, including running illegal gambling activities in licensed venues and fraud. Chau was not found guilty of charges of money laundering. Suncity Group’s Side-Betting Scheme Confirmed Macau Court of First Instance’s judge Lou Ieng Ha pronounced […]
Industry
January 18, 2023
NJ Gambling Operators Post Strong Results for December and 2022
On Tuesday, the gambling regulator in the state released the gaming results for December 2022 and the year-to-date results, showing the gambling industry enjoyed strong performance not only in December but for the full year as well. New Jersey Gambling Operators Enjoy Strong Performance in December Judging by the latest figures, the total gaming revenue […]
Industry
January 17, 2023
ICE London 2023 to Return Bigger than Ever at ExCeL Centre
The hosts of the event, Clarion Gaming, announced Tuesday that this year’s edition of ICE London 2023, is set to run between February 7 and February 9. Previously, in 2020, ICE London set a record for using a net space of 49,690 square meters. However, the latest edition of the industry expo expands further, taking […]
Legal
January 17, 2023
Vbet Agrees £338K Settlement with UKGC over License Breaches
The £337,631 ($414,300) regulatory settlement comes after the Commission uncovered breaches related to safer gambling and anti-money laundering rules. UK Gambling Regulator Probes into Vbet The gambling watchdog reminded that all licensed operators in the UK need to comply with the Gambling Act 2005, the main gambling law that is currently under review by the […]
Business
January 17, 2023
Genesis Global License Suspended by Malta Gaming Authority
The sanction from the gambling regulator in the country was announced Tuesday. A statement released by the MGA explains that the suspension of Genesis Global’s license is in effect as of January 16, 2023. MGA Suspends Genesis Global’s Authorization The Authority explained that the sanction was imposed after the company breached the regulations related to […]
Casino
January 17, 2023
Pariplay Expands with Kiron as Part of Fusion Aggregator Platform
Kiron is a prominent company that develops outstanding products built to thrive in a market that is highly contested. Pariplay Doubles Down on Virtual Sports Content The studio will make a worthwhile addition to the Fusion platform, owned and developed by Pariplay, which brings together third-party brands to create a rich library of gaming options […]
Industry
January 17, 2023
JP Morgan: Macau Operators Already Profitable
They say one swallow doesn’t make a summer, so Macau has been very proactive to diversify its efforts in restoring the SAR to its previous status as one of the best tourist spots for gambling aficionados. Operators Profitable Again The investment bank’s analyst – DS Kim – provided a weekly update sharing numbers for the […]
