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Gambling News - 'Regulation'
Industry
May 23, 2024
Brazil Publishes Licensing Requirements for Gambling Operators
On 21 May 2024, Brazil’s Ministry of Finance’s Secretariat of Prizes and Betting published Ordinance SPA/MF nº 827, establishing the regulatory framework for gambling operator licensing. This Ordinance lays out the general rules for the authorization procedure, including the required documentation and applicable deadlines, marking another vital step toward the long-expected launch of the country’s […]
Industry
May 22, 2024
Spelinspektionen Approves Ban on Credit Cards in Gambling
The Swedish Gambling Authority (Spelinspektionen) has published an official response to FI2024/00442, a government measure that would ban gambling on credit. The credit card ban has been discussed for several months now and is a measure that has the regulator’s backing. According to director general Camilla Rosenberg, the Spelinspektionen believes that the ban on gambling […]
Industry
May 22, 2024
Malta Regulator Revokes Tipbet’s License
The Malta Gaming Authority (MGA) has revoked the gaming license of Tipbet, effectively halting all the company’s operations. This decision impacts authorization number MGA/B2C/303/2015 and reflects the regulator’s increasingly harsh stance towards companies that do not meet their licensing obligations. 2024 has seen the MGA strip several offenders of their licenses as it adopts a […]
Industry
May 22, 2024
Spelinspektionen Bans WiseAvant OÜ over Unlicensed Betting
The Swedish Gaming Authority (Spelinspektionen) has banned WiseAvant OÜ, which provided games of chance to Swedish customers without possessing the necessary license. This is notably the sixth unlicensed operator the authority has banned this year. According to the Spelinspektionen, WiseAvant OÜ’s website organized lotteries with video game skins. Skins gambling is a controversial emerging vertical […]
Industry
May 22, 2024
Quezon City Mayor Prohibits Govt Workers from Solaire North Casino
Solaire Resort North is a new integrated resort that is expected to offer world-class gaming, entertainment and hospitality. The resort, located in Quezon City, Philippines is expected to open for visitors on Saturday, May 25, 2024. Ahead of the opening of Solaire Resort North casino the city’s mayor confirmed that all city hall employees and […]
Industry
May 21, 2024
Spain’s DGOJ Initiates Debate on Unified Gambling Data Registry
The gambling sector in Spain is expected to feature one of the toughest regulations on the Old Continent. Changes to the industry’s regulatory framework have already been initiated and the overhaul of the market has already started. Part of the changes within the gambling sector involves strict know-your-customer (KYC) rules and the establishment of a […]
Industry
May 21, 2024
Tough Gambling Regulations in Brazil May Boost Black Market, GR8 Tech Warns
Last month, the government in Brazil confirmed its intention to finalize its laws regarding betting and online gaming by this summer. The country’s Ministry of Finance confirmed it expects the regulatory framework to be established in four stages with the last one ending in July. Amid the plans for a regulated iGaming and betting market, […]
Industry
May 21, 2024
Macau Study Suggests Casino Employees Fail to Address Harm
A recent academic study by the Macao Polytechnic University has highlighted a number of reasons why casino employees are not always able to effectively mitigate gambling harm. The study was compiled by the university’s Centre for Gaming and Tourism Studies and sheds light on the setbacks casino staff faces when dealing with problem players. After […]
Legal
May 20, 2024
Germany Loss Refund Lawsuit Sent to the ECJ
Earlier in the month, the Federal Court of Justice of Germany (BGH) was supposed to hold a hearing on the matter of whether unlicensed gambling operators should be asked to reimburse players for their losses. The hearing has since been canceled on the reason that the defendant, a sports betting operator in Austria, decided to […]
Industry
May 20, 2024
Bulgaria Bans Gambling Ads; Prohibits Casinos in Underpopulated Areas
After months of discussions, Bulgaria has finally implemented a ban on gambling ads. The measure was signed into law by president Rumen Radev, preventing gambling companies from freely marketing their products. Under the new ad regime, operators are unable to promote their products across all forms of media. The controversial ban still allows gambling companies […]