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Legal
November 25, 2024
Polymarket Restricts French Users Following ANJ Probe
Polymarket, a leading crypto-based real-world event prediction platform, has taken steps to block French users in response to an investigation by France’s National Gaming Authority (ANJ) into its compliance with the country’s gambling laws. The platform, which allows users to bet on political, sports, and other events, has faced ever-increasing scrutiny, including in the USA. […]
Industry
November 25, 2024
UK Gambling Commission Under Fire over Failure to Probe Suicide
Recently, we reported that the family of a deceased man who suffered from gambling addiction filed a lawsuit against Flutter Entertainment, the recognizable gaming and entertainment giant. This was the case for the family of Luke Ashton, who took his own life due to a crippling gambling addiction. Relative of a Deceased Gambler Deems UKGC […]
Industry
November 22, 2024
France Approves Tax Hikes, Gambling Affected
On November 21, the French Senate approved tax hikes across a variety of industries, including gambling. While the country was indecisive about a gambling tax hike earlier this year, it seems like it will be happening after all. The tax changes are a part of the final version of France’s social security budget and align […]
Business
November 22, 2024
Spreadex to Sell Sporting Index Due to Monopoly Concerns
The UK Competition and Markets Authority (CMA) has ordered Spreadex to divest itself of Sporting Index due to significant competition concerns in the licensed online sports spread betting market. This decision comes after an extensive investigation into the merger concluded that the deal stifled competition and risked negatively impacting consumers. A Consolidated Market Could Hurt […]
Industry
November 22, 2024
KSA Penalizes Blue High House, Levies Seven-Figure Fine
The Kansspelautoriteit (the Netherlands’ Gaming Authority/KSA) has slammed Blue High House with a huge seven-figure fine over the provision of gambling without a license. The Dutch regulator reiterated its commitment to protecting the local market from the influence of offshore gaming operators. Additional Violations Led to a Higher Fine According to the KSA’s official announcement, […]
Industry
November 21, 2024
Operators Can Now Apply for Danish Land-Based Bingo License
As of today, November 21, Denmark’s new land-based bingo regulations are into effect. As a result, operators can now open for licenses, the local regulator, Spillemyndigheden, announced. Operators That Apply By Dec 10 Will Get a License Earlier According to the authority, gambling companies can now apply for land-based bingo licenses that will allow them […]
Industry
November 21, 2024
Robinhood Eyes UK Expansion Despite Regulatory Challenges
Robinhood, the US-based trading app known for its commission-free trading model, is doubling down on its ambitions to dominate the UK market despite facing a challenging regulatory landscape. As part of his vision to make the firm a global leader in traditional finance and cryptocurrency trading, CEO Vlad Tenev was confident that the UK could […]
Business
November 21, 2024
Entain Intends to Close Beloved Crayford Racing Track
Gambling giant Entain intends to put an end to its greyhound racing track in Crayford. The gambling giant revealed that the racetrack is no longer as profitable as it once was, leading to this difficult decision. The Racetrack Is No Longer Profitable The Crayford Greyhound Stadium has been operating since 1986. Because of its […]
Industry
November 21, 2024
Belgium: Study Links Video Game Gambling Features to Teen Gambling
The first-person shooter game by Valve, Half-Life 2 recently celebrated its 20th anniversary. Unlike present-day games, the 2004-released game which is already recognized as classic doesn’t offer the popular loot boxes that grant a chance for a cosmetic item, special weapon or other valuable in-game item. While loot boxes are an inseparable part of most […]
Industry
November 20, 2024
Spain Issued $69M in Fines to 15 Operators in H1 2024
Spain’s Ministry of Social Rights, Consumer Affairs and 2030 Agenda noted that the country has sanctioned 15 online gambling operators in H1 2024. As a result, authorities have issued fines totaling EUR 65.3 million ($69 million) to violators. DGOJ Penalized 15 Operators The ministry clarified that of the 15 penalties issued by the Directorate General […]
