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Business
June 5, 2021
Vbet Gets License for Operating Casino and Poker in Ukraine
BetConstruct’s business-to-consumer brand Vbet has been approved by the Ukrainian gambling and lottery regulator KRAIL for a license for operating online casinos and poker in the country. With permission from KRAIL, Vbet will become Ukraine’s very first official online poker room. Ukraine outlawed gambling in 2009 before finally legalizing it once more in 2020. An ecosystem will now have to be established anew. Vbet […]
Legal
June 4, 2021
Court of Appeals Ruling Reduced Sanctions for Genesis and Aspire
Penalties dished to Genesis Global and Aspire Global by Swedish gambling regulator Spelinspektionen for failing to comply with self-exclusion requirements were reduced by Sweden’s Court of Appeals. Self-Exclusion Failings Can Be Costly The Swedish gambling regulatory body sanctioned Genesis Global in March 2019 and Aspire Global in April the same year, SEK4 million ($480,000) and […]
Sports
June 4, 2021
NHL Ties up Partnership with OlyBet for the Baltics
The Baltics welcome more targeted and tailored NHL coverage through an OlyBet partnership that will feature special activations and betting experiences for hockey fans in the region. NHL Goes International Again America’s big leagues may have patriotism written all over them, with the sports they represent proving particularly popular in North America, but this has […]
Sports
June 4, 2021
Cloudbet Adds German Localization Ahead of Euro 2021
With Euro 2021 around the corner, Cloudbet has released a fully localized German website to meet demand from German-speaking customers. German Customers Now Feel at Home with Cloudbet Cloudbet continues to expand its offer by launching a dedicated website for German customers just on time for Euro 2021. Focusing exclusively on Bitcoin casino and sportsbook […]
Business
June 3, 2021
ECB Says Digital Money Underpins Financial Stability
Digital currencies issued by central banks in European Union Member States may act as a counterweight to potentially dangerous “artificial currencies.” Digital Currencies Are Coming to the EU A report published by the European Central Bank (ECB) on Wednesday issued a warning to European Union Member States that falling behind on developing a digital currency may have […]
Industry
June 3, 2021
Report Shows that Proposed Gambling Reform Measures in the UK Could Cost Operators $1bn in Profits
Gambling reform proponents in the UK are daft. That’s the view of many in the industry, especially after a series of proposals have been released over the past year that shows a certain lack of understanding of basic economics. Peers for Gambling Reform, the Social Markets Foundation (SMF) and the All-Party Parliamentary Group (APPG) on […]
Legal
June 1, 2021
European Commission Probes DSWV, DOCV State Aid Complaint
A controversial stake tax in Germany is being challenged by a European Commission probe asking officials to elaborate on the grounds of the proposed gambling tax regime. Unequal Market Conditions The EC intervention comes just in time to delay the final voting of the 5.3% tax on online slots and poker stakes state governments in […]
Legal
June 1, 2021
Attard FC Gets Penalized as Former Member Confirms Match-Fixing Allegations
Match-fixing issues never seem to stop. Just some weeks ago, tennis player Roman Khassanov was found guilty of match-fixing, and now Maltese football club Attard FC’s former committee member, Rudgear Scerri, admitted to having engaged in similar underhand practices. This resulted in the football team receiving a nine-point penalty for the next season and the 21-year-old committee member receiving various […]
Legal
June 1, 2021
Man Involved in 2017 Death of Maltese Journalist Linked to Casino Heist that Remained Unsolved for Over a Decade
The plot thickens in the long-running case of Daphne Caruana Galizia, a Maltese journalist who was murdered in 2017 as she was preparing an exposé on corruption in her home country. The report centered on questionable contracts awarded by the government to a company owned by Yorgen Fenech, also a well-known casino operator in Malta. […]
Sports
May 28, 2021
Betway Named Official Betting Partner of the Mercedes Cup
Online sports betting and gaming brand Betway secured today another high-profile sponsorship deal by becoming the official betting partner of the Mercedes Cup. Official Betting Partner The Mercedes Cup tennis tournament this year is scheduled to take place at prestige Club Weissenhof in Stuttgart, Germany, from June 8 till June 13 and is regarded as […]