Industry
July 26, 2024
CMA Highlights Concerns over Spreadex-Sporting Index Merger
The merger of Sports Index and Spreadex may have a detrimental impact on sports spread betting in the United Kingdom, a Phase 2 investigation of a panel with the Competition and Markets Authority (CMA) reveals. The Authority disclosed details regarding the probe Thursday, highlighting a number of concerns related to the proposed business combination. In […]
Industry
July 26, 2024
Nevada Gambling Regulator Orders Cease-and-Desist to Live Gaming Producer
An iGaming company and its affiliate were hit with a cease-and-desist order from the Nevada Gaming Control Board (NGCB), the gambling regulator in the state. The case in question affects Playgon Interactive Inc, as well as its affiliate Bitrate Productions. Although the NGCB released details regarding the cease-and-desist letter Thursday, it revealed that the companies […]
Industry
July 25, 2024
Isle of Man Gambling Regulator Cancels Two Licenses
The independent statutory body established to govern all gambling activities on the Isle of Man and recognizable iGaming regulator, the Isle of Man Gambling Supervision Commission (GSC), announced tough regulatory actions against two companies that held a license in the country. On Wednesday, the gambling watchdog confirmed the cancellation of the license for King Gaming […]
Industry
July 25, 2024
UKGC Recognizes GSGB as Baseline for Future Gambling Research
The UK Gambling Commission (UKGC), the gambling regulator in the country, announced today the publication of datasets and a new baseline for a better understanding of gambling behavior in Britain. Produced by the National Center for Social Research and the University of Glasgow, the first annual report of the Gambling Survey for Great Britain (GSGB) […]
Legal
July 25, 2024
China Intensifies Crackdown on Cross-Border Gaming
China has intensified the crackdown on cross-border gaming activities, with the Supreme People’s Court (SPC) citing Alvin Chau and Suncity Group as typical cases of such harmful activities. According to the SPC, this high-profile case underlined the substantial capital outflow from China and the grave social and economic consequences of mass cross-border gaming. Chau Refined […]
Industry
July 24, 2024
BHA Unveils Its New Betting Sponsorship Code of Conduct
The British Horseracing Authority (BHA) unveiled its new Code of Conduct for racing in the UK. The new code covers sponsorship agreements with gambling operators and fulfills a policy proposal for all sports set out in the Gambling Act white paper. The New Code Reflects BHA’s Social Commitments The new Code of Conduct, the BHA […]
Industry
July 23, 2024
Pundit Billy Walters Says US Betting Could Be Better
Sports betting pundit Billy Walters has criticized the US wagering industry, pointing out its weaker points. Speaking at the National Council of Legislators from Gaming States (NCLGS), the expert said that there are certainly a few things that could be better. Walters Believes US Betting Could Be Better According to Walters, the industry is unwilling […]
Industry
July 23, 2024
KSA Issues Warning against Licensee for Untargeted TV Ads
In an effort to protect vulnerable groups such as young adults, the Netherlands implemented changes to non-targeted advertising of online gambling activities. The restrictions came into force last year in July, effectively prohibiting non-targeted iGaming advertising. As of July 1 this year, the restriction was expanded to cover program and event sponsorships. In other words, […]
Industry
July 23, 2024
Philippine President Bans POGOs amidst Rising Concerns
In a decisive blow to the country’s nascent offshore gambling industry, Philippine President Ferdinand Marcos instituted a blanket ban on all Philippine Offshore Gaming Operators (POGOs) on Monday. The move cracks down on an online sector dominated by Chinese firms, plagued with unlicensed activities and links to organized crime. China Has Been Urging for a […]
Industry
July 23, 2024
Around The Clock Slot Venues in the UK Raise Concerns About Gambling Harm
There are hundreds of slot machine venues across the UK that operate 24 hours a day. Supporters of the gambling sector say that such venues are an important part of the country’s nightlife, and the machines are regulated by the Gambling Commission, making the activity somewhat safer. Yet, opponents of the gambling expansion as well […]
