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Legal
December 21, 2023
Swedish Court Orders Betsson to Pay Back Client’s Losses
In a landmark ruling by the Swedish Patent and Market Court of Appeal, Betsson, a prominent betting company, has been mandated to refund all losses the plaintiff, a man suffering from a gambling disorder. This development has significant long-term consequences and follows similar cases in other European jurisdictions. Betsson May Face Other Such Lawsuits According […]
Industry
December 21, 2023
Bulgaria’s AGIB Opposes the New Gambling Tax and Deadline
Bulgaria’s new gambling taxes do not sit well with the gambling industry. This follows the National Assembly Committee on Budget and Finance’s passing of a measure that would raise the gambling license fees by a staggering 300% and the alternative gambling tax by 60%. The Association of the Gaming Industry in Bulgaria (AGIB) expressed its […]
Casino
December 21, 2023
Play’n GO Grows in Italy with William Hill
Moving forward, William Hill players in Italy will have the opportunity to benefit from Play’n GO’s full range of award-winning games, which includes Book of Dead and various well-established franchises by the company, such as Reactoonz, Rise of Olympus and Tome of Madness, among some of the company’s most prominent options. Bringing Acclaimed Slot Franchises […]
Industry
December 21, 2023
Malta Gaming Authority Releases Positive H1 2023 Performance Report
The Malta Gaming Authority (MGA) unveiled its Interim Performance Report for the first half of 2023, shedding light on its achievements and offering insights into the state of the Maltese gaming industry. MGA Demonstrates Vigilance in Enforcing Fair Play and Rigorous Oversight The MGA demonstrated its commitment to maintaining a fair and regulated gaming environment […]
Industry
December 20, 2023
ASA Upholds Ruling against Betfred over Ad Placement
The regulator in charge of advertising across the United Kingdom, the Advertising Standards Authority (ASA), challenged whether an advertisement of Betfred that aired back in April was directed toward individuals under the age of 18. The advertisement in question was streamed during the PrestonPlayz program, popular for its content including games such as Minecraft, on […]
Industry
December 20, 2023
Curaçao Parliament to Issue Verdict on New Gambling Regulations
The Curaçao parliament is currently reviewing a proposed bill aimed at regulating the operation of gambling within the country. Javier Silvania Reveals Curaçao’s Bold Move with LOK The new regulations, called the National Gambling Ordinance (LOK), are poised to introduce heightened standards and bolstered player protection measures. In June, Curacao’s Minister of Finance, Javier Silvania, […]
Casino
December 20, 2023
Spelinspektionen Fines Casino Cosmopol $200K over AML Breaches
The latest company to have been handed down a fine is Casino Cosmopol which admitted fault and agreed to pay SEK2 million, or $200,000, to the regulator. This penalty is awarded in relation to anti-money laundering (AML) breaches outlined in the watchdog’s conclusion of the case and the two-year investigation. Cited Breaches Are a Matter […]
Industry
December 20, 2023
Swedish Government to Strengthen Consumer Protection in Gambling Sector
To fortify consumer protection and combat criminal activities associated with gambling, the Swedish government presented a proposal to the parliament on December 19. Swedish Government Proposes Written Confirmation Requirement for Telephone Gambling Sales One key aspect of the proposal is the introduction of a written confirmation requirement for telephone sales of gambling services. Under this […]
Legal
December 20, 2023
Malta’s FIAU Imposes Fine on Trannel International for Compliance Failures
Malta’s Financial Intelligence Analysis Unit (FIAU) has slapped a hefty fine of €222,736 ($244,085) on Trannel International Limited, a subsidiary of the Kindred Group, for significant lapses in compliance with regulatory standards. FIAU Exposes Trannel’s Risk Analysis Shortcomings with Critical Compliance Deficiencies The FIAU’s investigation revealed that Trannel had failed to conduct proper risk analyses […]
Esports
December 20, 2023
Court Says Valve Must Repay $15K to Gamer over Loot Boxes
The case continues the ongoing debate about whether or not loot boxes constitute gambling and how they should be regulated. The court, though, has recognized loot boxes as a form of gambling, and this is doubly important as it would contribute to setting a legal precedent and be used in other similar cases. Spent on […]
