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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 […]
Industry
December 19, 2023
German Stakeholders Criticize Proposed Gambling Law Changes
Burkhard Blienert, the German federal government’s addiction commissioner, has vehemently criticized the intended relaxation of criminal law proposed by Federal Justice Minister Marco Buschmann. Other industry stakeholders share Blienert’s concerns, noting that such a change would not achieve meaningful results and could even hurt consumer protection efforts. Black Market Operators Remain at Large A recent […]
Industry
December 19, 2023
Italy’s Gambling Industry Unites against Drastic License Fee Hike
Representatives from leading trade associations in Italy’s gambling industry united in a resounding voice at the “Game: One Market, One Reorganization” conference by the Milton Friedman Institute. The participants highlighted concerns over the government’s proposed exorbitant increase in license fees, urging for correct and uniform regulatory and economic policies. Attendants Highlighted Worrying Industry Trends The […]
Industry
December 19, 2023
Irish Minister Slams Anti-Gambling Reform Scaremongering Efforts
James Browne, the Irish minister tasked with revamping the industry, says gambling harm must be addressed. In an interview with The Irish Sun, Browne slammed the scaremongering accusations that the new rules will land people in jail over betting tweets. Thanks to his experience as a barrister Browne was tasked to regulate Ireland’s gambling industry […]
Industry
December 13, 2023
AGCOM Fines Twitch and YouTube over 20,000 Gambling Videos
The AGCOM, Autorità per le Garanzie nelle Comunicazioni, has issued eye-watering fines to YouTube and Twitch, slapping them with €2.25 million ($2.45 million) and €900,000 ($970,000) respectively, Reuters originally reported. Alphabet and Amazon Targeted by Italian Media Watchdog The fine is unlikely to be left alone by Alphabet Inc. nor Amazon, the respective owners of […]
Insider
December 8, 2023
The Dutch Data Dilemma
The Netherlands’ regulator is cracking down on operators which don’t meet its strict requirements on data storage. BetComply Director Mike de Graaff and Pretty Technical Director of Operations Tom Squirrell take a closer look at how to avoid sanctions. Q: The Dutch regulator (KSA) recently issued a warning to Holland Casino, noting that it could […]
Casino
December 6, 2023
Betsson and Hacksaw Team Up for Content in Spain
As a result, the supplier’s host of innovative and out-of-the-box games will be featured with Betsson Spain. Both companies are determined to expand their market reach and continue to navigate the lucrative opportunity that regulated online gambling brings to businesses in the country. Betsson and Hacksaw Gaming Double Down on Ongoing Alliance with Spain Launch […]
Industry
December 6, 2023
Spelinspektionen Weighs In on Sweden’s Proposed GGR Tax Adjustment
Spelinspektionen, the Swedish gambling authority, has responded to the Swedish government’s proposal for a 4% increase in the Gross Gaming Revenue (GGR) tax, expressing no substantive views but emphasizing the need for careful monitoring of market developments. Government Aims for Fiscal Boost without Disturbing Market Stability The proposal, introduced in September, aims to raise the […]
Industry
December 5, 2023
EGBA Calls on France to End iGaming Ban amid Concerning Black Market Growth
The European Gaming and Betting Association (EGBA) calls on France to regulate iGaming. This call comes in the wake of a recent study that highlighted the concerning extent of France’s gambling black market. The study in question was commissioned by l’Autorité Nationale des Jeux, France’s gambling regulator. According to its findings, France’s black market for […]
