Industry
March 6, 2024
EGBA Backs the European Union’s e-ID Standardization
The European Gaming and Betting Association (EGBA) expressed its approval of the European Union’s new digital ID laws. The new regulation, approved by the European Parliament on February 29, would introduce a standardized European Digital Identity (e-ID) process for citizens and businesses in EU member states. The new measure seeks to protect the privacy and […]
Industry
March 5, 2024
Adoption of AI in the Gambling Industry Sparks Debate
Over the last decade, the development of artificial intelligence (AI) has made significant strides. For a few years, AI-powered solutions and technology expanded exponentially, impacting the development of different industries across the globe. Unsurprisingly, the gambling vertical saw the benefits of AI and incorporated such technology and solutions, propelling the growth of new products, analysis […]
Industry
March 5, 2024
German Regulator Wants Stricter Rules for Loot Boxes
Last September, we announced that Germany was taking into consideration a series of strict regulations regarding the use of loot boxes in video games. Now, the German gambling regulator Gemeinsamen Glücksspielbehörde der Länder (GGL), also referred to as the Joint Gambling Authority of the States in English, has asked the federal states to thoroughly review […]
Industry
March 4, 2024
Slovenia Warns of a Spike in Illegal Gambling Activity
The National Assembly of Slovenia has expressed growing concern over the persistence of illegal online gambling activities despite regulatory efforts. Inspections in the gambling sector revealed that many online operators were conducting games of chance without the required concessions. These black market entities do not pay the required taxes and offer virtually zero customer protection, […]
Industry
March 4, 2024
Sweden’s Operators Report $2.6B in Turnover for 2023
The Spelinspektionen, Sweden’s gambling regulator, has posted data about the regulated Swedish gambling market’s performance in 2023. According to the preliminary results, metrics remained mostly stable, with licensed gambling companies reporting a total turnover of SEK 27.1 billion ($2.6 billion). The turnover figure is more or less in line with the total turnover reported in […]
Industry
March 4, 2024
Norway’s Tough Gambling Rules May Impact Players Outside the Country
Across Europe, gambling regulations vary from one country to another. While there are rules on a European level related to anti-money laundering, for example, other regulations can vary greatly. Some jurisdictions do not allow online gambling operators without a license to offer their services to customers in their respective countries. Others have more lax rules […]
Legal
March 1, 2024
Finland Black-Lists Betsson Group’s BML Ltd amidst Legal Battle
In a historic move, Finland has black-listed BML Group Ltd, a subsidiary of the Betsson Group, marking the first instance of such action against a Malta Gaming Authority (MGA) licensed company. The decision comes in the wake of BML Group losing a legal battle against the Finnish National Police Council, leading to significant consequences, including […]
Industry
March 1, 2024
Finland Sees Uptick in Problem Gambling Numbers
THL, as the organization is known for its Finnish acronym, estimates that 4.2% of respondents to its survey are at risk of developing a gambling problem, or already suffer from one. Finland Sees Increase in Problem Gambling In other words, 150,000 people in the country may fall in this category, but the figure is doubly […]
Industry
March 1, 2024
UK Gambling Commission Investigates Illegal Bookmakers
The debate on the proposed affordability checks in the UK intensified amid the planned reform of the gambling industry in the country. Earlier this week, MPs engaged in a heated discussion on the proposed spending checks and that discussion followed a petition effort led by Jockey Club’s CEO, Nevin Truesdale. The petition gathered more than […]
Industry
February 29, 2024
KSA Trying to Fine Gammix Limited with Record €19.7M Sum
The Dutch gambling authority whose goal is to “create a world where gambling services are reliable, operators are transparent, and players are protected,” the Netherlands Gaming Authority (KSA), might be getting ready to collect the highest enforcement fee in its history. The independent administrative body is trying to impose a whopping €19.7 million ($21.3 million) […]
