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Gambling News - 'Regulation'
Legal
December 22, 2023
Bulgaria Introduces Drastic Fee Hikes for Gambling Operators
Bulgaria has finalized an overhaul of fees for gambling operators, increasing costs between two and four times. These measures should bring in roughly BGN 200 million ($112.62 million) in additional revenue for the government. This amendment, integrated into the final provisions of the 2024 State Budget Law, garnered support after significant deliberations involving the country’s […]
Legal
December 21, 2023
Swedish Court Orders Betsson to Pay Back Client’s Losses
In a landmark ruling by the Swedish Patent and Market Court of Appeal, Betsson, a prominent betting company, has been mandated to refund all losses the plaintiff, a man suffering from a gambling disorder. This development has significant long-term consequences and follows similar cases in other European jurisdictions. Betsson May Face Other Such Lawsuits According […]
Legal
December 21, 2023
Alabama Senator Fears Gambling to Win Democrats Election
Efforts for the repeal of Alabama’s prohibition on gambling date back more than two decades. Back in 1999, voters in the state rejected a proposal that called for the establishment of a lottery and similar efforts since have not gained much traction. While lawmakers identify the potential benefits of legal gambling, no bill has made […]
Industry
December 21, 2023
Bulgaria’s AGIB Opposes the New Gambling Tax and Deadline
Bulgaria’s new gambling taxes do not sit well with the gambling industry. This follows the National Assembly Committee on Budget and Finance’s passing of a measure that would raise the gambling license fees by a staggering 300% and the alternative gambling tax by 60%. The Association of the Gaming Industry in Bulgaria (AGIB) expressed its […]
Industry
December 20, 2023
ASA Upholds Ruling against Betfred over Ad Placement
The regulator in charge of advertising across the United Kingdom, the Advertising Standards Authority (ASA), challenged whether an advertisement of Betfred that aired back in April was directed toward individuals under the age of 18. The advertisement in question was streamed during the PrestonPlayz program, popular for its content including games such as Minecraft, on […]
Legal
December 20, 2023
Virginia AG Weighs DFS Games in Sports Wagering Decision
Daily fantasy sports (DFS) is a popular activity across the United States. Despite its popularity, the activity has seen scrutiny recently with more states strengthening their rules applicable to DFS operators and some even outright banning fantasy contests. DFS games in major sports betting markets such as New York and Michigan were banned earlier this […]
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
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 […]
Casino
December 19, 2023
Mayor Johnson: Operators Eyeing Dallas Must Consider the City Council
Dallas Mayor Eric Johnson commented on the future of casino gaming in the city during his annual interview with the Dallas Regional Chamber of Commerce. He outlined some of the challenges operators may have to face, warning them that the legalization of casino gaming is not the only thing they need to keep in mind. […]
Industry
December 15, 2023
Charles Mizzi to Succeed Carl Brincat as MGA CEO
The Malta Gaming Authority has unveiled a new major leadership appointment. As reported by the regulator, its Board of Governors has chosen Charles Mizzi to succeed Carl Brincat as chief executive officer. Brincat’s departure from the MGA was announced in October when the outgoing CEO said that the decision to leave didn’t come easy. According […]