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Blockchain
June 13, 2024
NHS Wants Crypto Trading to Be Regulated to Curb Addiction
NHS England’s chief executive, Amanda Pritchard, has expressed concern regarding the growing number of youngsters seeking support after getting addicted to cryptocurrency trading. During the NHS ConfedExpo conference held in Manchester following a visit to an NHS addiction center, Pritchard said she wants to see crypto trading be regulated by the government so the harms […]
Legal
June 13, 2024
Swedish Gambling Regulator Continues Legal Fight with Zimpler
A legal case between a payment services provider and the Swedish gambling regulator recently picked up traction. In May, the administrative court in Linköping effectively revoked a cease order issued by the Swedish gambling regulator (Spelinspektionen) against the payment solutions provider, Zimpler. That decision was subject to appeal to the Court of Appeal in Jönköping […]
Industry
June 13, 2024
Tabcorp Fined With AU$270,000 for Underage Gambling in 13 Venues
At the end of May, we announced that the Victorian Gambling and Casino Control Commission (VGCCC) filed a series of charges connected to child gambling against Tabcorp. Fast forward to today, Australia’s largest gambling company with a staff of over 5,000 has been slapped with a fine of over AU$370,000 ($246,000) including costs after […]
Industry
June 13, 2024
Connecticut to Ban Bovada, Following Michigan’s Example
Connecticut is reportedly set to take a “hardline stance” against Bovada, one of America’s biggest unlicensed operators, the Sports Betting Dime reported. The news outlet announced that it contacted a member of a local regulator who confirmed that a cease-and-desist letter is in the making. The Department of Consumer Protection Gaming Division spokesperson said that […]
Industry
June 13, 2024
South Africa’s Elections Could Impact Gambling Reforms
The conclusion of South Africa’s most recent parliamentary elections could mark a turning point for the country’s gambling sector. A complicated political situation creates significant uncertainty in the gambling sector as the makeup of South Africa’s new parliament will likely determine whether the iGaming regulation bill, proposed by the then-opposition Democratic Alliance (DA) party, will […]
Industry
June 12, 2024
Romania’s Ban on Gambling in Small Towns Undergoing Review
Romania’s Supreme Court has decided that the gambling restrictions imposed on brick-and-mortar casinos in localities with a population below 15,000 should be subject to a constitutional review. Back in April, Prime Minister Marcel Ciolacu’s executive order to ban gambling in small towns received the green light from the parliament, when 243 deputies expressed their votes […]
Legal
June 12, 2024
Fox Williams to File Claim against Entain over Turkish Business
Fox Williams, a business advisory firm and securities litigant, announced that it is preparing to file a group claim against gambling giant Entain on behalf of institutional investors. Led by securities litigation partners Andrew Hill and Matthew Reach, the firm is set to accuse the operator of failing to disclose its knowledge of bribery and […]
Industry
June 12, 2024
GamCare Asks Banking Firms to Join War on Gambling Harm
GamCare, a leading British problem gambling charity, asked banks to block payments from business accounts to gambling operators. The organization cited recent examples where employees, directors and self-employed people have gambled with business funds as the reason for its call. GamCare pointed out that gambling transactions can be made from business accounts with the most […]
Industry
June 12, 2024
Tennessee Regulator Fines Operators over Payout and Self-Exclusion Breaches
The Tennessee Sports Wagering Council (SWC) has agreed to levy fines against sportsbooks that violated its rules. These included ZenSports, which failed to pay out winnings and Fanatics, which committed a self-exclusion-related breach. According to the announcement, the SWC understood that ZenSports did not maintain a sufficient reserve account balance for its operation. Under Tennessee’s […]
Industry
June 12, 2024
Dutch Regulator Recovers Fines from Illegal Providers
The Kansspelautoriteit (KSA), the Netherlands gambling regulator, has successfully recovered penalty payments from two illegal gambling providers. L.C.S. Limited and Blue High House S.A. previously faced financial sanctions for offering unauthorized games of chance to Dutch players. The regulator used this opportunity to reiterate its proactive stance and willingness to pursue offenders. The Two Companies […]
