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Gambling News - 'Regulation'
Industry
May 17, 2024
AUSTRAC and SkyCity Adelaide Agree to $67M Penalty Proposal
Gaming and entertainment company that provides sports, amusement, and recreation services, SkyCity Adelaide Pty Ltd (SkyCity), and the Australian Transaction Reports and Analysis Centre (AUSTRAC) have filed joint submissions with the Federal Court of Australia. Their proposed AU$67 million penalty mentioned in the joint submissions was deemed appropriate in the context of the casino’s contravention of […]
Industry
May 17, 2024
Congresswoman Titus Wants Federal Excise Tax Revoked
Congresswoman Dina Titus expressed her support for repealing the current federal excise tax on sports betting at the SBC Summit North America last week. The fifth edition of the leading conference and tradeshow dedicated to the online betting and gaming industry in North America was held in New Jersey, one of the largest sports betting […]
Industry
May 17, 2024
Massachusetts Gaming Commission to Research iGaming & AI
The Massachusetts Gaming Commission wants to explore the ways in which technology and artificial intelligence can change the gambling industry’s future. The regulator is seeking bids for research into the matter. The MGC’s Gaming Policy Advisory Council just filed two research priorities that highlight certain concerns for the industry’s future in Massachusetts. One of the […]
Industry
May 17, 2024
Trustly Enhances US Gaming License Process with OneComply Integration
Trustly, a prominent player in Open Banking Payments, has recently signed a strategic partnership with OneComply, a division of GeoComply. The collaboration aims to optimize Trustly’s gaming license procedures in the US market by introducing an automated and centralized solution, which will simplify the complex licensing process. OneComply’s Solution Eases Regulatory Burdens for Operators OneComply’s […]
Industry
May 16, 2024
BGC Welcomes DCMS’ Proposed Casino Modernization Measures
Britain’s Betting and Gaming Council (BGC) commented on the recent casino modernization proposals by the Department for Culture, Media and Sport (DCMS), praising the efforts to align the UK casino regulations with the modern age. For context, the DCMS outlined a number of “modest but mission-critical” modernization measures in its white paper consultation response. The […]
Industry
May 16, 2024
DCMS Official Discusses the Fight Against Gambling Black Market
In a recent address at the Westminster Media Forum, Ben Dean, director for Sport and Gambling at the Department of Culture, Media and Sport (DCMS), highlighted the persistent challenges in combating the black market for gambling. He likened the efforts to a game of “whack-a-mole,” emphasizing the difficulty of keeping up with unlicensed companies that […]
Industry
May 16, 2024
UK Updates Gambling Venue Regulations Amid Online Sector Boom
The UK government is preparing to introduce a series of liberalizing measures for gambling venues such as casinos, bingo halls, and arcades, hoping to bolster land-based gambling establishments and keep pace with the rapidly expanding online betting and gaming sector. These updates coincide with the country’s ongoing white paper consultations, contributing to the nation’s long-awaited […]
Industry
May 16, 2024
Veikkaus Exec Predicts Finland Will Issue Licenses in September 2026
Currently, Finland’s gambling market operates under a monopoly model. This means that all gambling activities, including sports betting and iGaming, are offered by Veikkaus, the state-owned gambling operator. However, amid talks about a major restructuring of the sector, including a shift from gambling monopoly, the gambling industry is expected to look quite different in a […]
Industry
May 16, 2024
ANJ: France’s Gambling Mediator Recorded an 11% Increase in Requests
L’Autorité Nationale des Jeux (ANJ) has published information about the performance of France’s gambling mediator. According to the French authority, the mediator received a total of 1,523 requests in 2023, marking an increase of 11% year-on-year. The mediator is responsible for helping players and operators reach amicable settlements to disputes that may arise within the […]
Industry
May 16, 2024
Netherlands Coalition Agreement Pushes for 37.8% Gambling Tax
Over the last few years, the Dutch gambling sector has undergone extensive changes. Last summer, lawmakers voted in favor of an untargeted gambling advertising ban. The rules effectively prohibited advertising by gambling operators via TV and radio. Moreover, the ban extended to print media, collaborations with sports organizations and even outdoor advertising. Now, further changes […]