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Industry
March 26, 2024
Spelinspektionen Fines Svenska Spel $9.5M for Failures
Svenska Spel Sport & Casino, which is the online branch of the state-owned Swedish gambling operator, has been fined SEK100 million ($9.5 million) for several failings related to player duty of care. Improper Player Safeguards, Says the Regulator The penalty fee resulted at the end of an investigation that took place between October and December […]
Industry
March 25, 2024
Yggdrasil Fined in Sweden for Providing Software to Unlicensed Operator
The Swedish Gaming Authority (SGA) has levied a SEK300,000 ($28,350) fine against Yggdrasil for supplying software to an online gambling operator that lacked a Swedish license, marking the first such penalty under the new B2B licensing requirements. This case serves as a warning to the broader industry, signaling that the SGA will not tolerate licensed […]
Industry
March 25, 2024
Malta Gaming Authority Cancels BTM Entertainment’s License
Several years ago, in 2019, the gambling regulator in Malta, the Malta Gaming Authority (MGA), announced it decided to suspend the authorization of BTM Entertainment Group Limited, a company that operated the online gambling brand Roy Richie. This suspension effectively stopped the gambling company from operating as it wasn’t allowed to register new players or […]
Industry
March 25, 2024
PGCB Issues Fines of $10,000 to DraftKings and Stadium Casino
On March 20, the Pennsylvania Gaming Control Board announced that it had approved two consent agreements presented by its Office of Enforcement Counsel. The agreements were presented during the regulator’s public meeting on that day and resulted in a total of $20,000 in fines against two separate gambling operators. The first operator the PGCB levied […]
Industry
March 22, 2024
Spelinspektionen to Assess Accounts Used for Criminal Activities
According to a new government mandate from the Swedish authorities, the country’s gambling authority, Spelinspektionen, has been asked to assess all the risks tied to gambling accounts that are used for money laundering and other similar types of criminal activities. Proposals to Be Drafted After the Assessment At the end of the thorough reviewing process […]
Industry
March 22, 2024
Massachusetts Gov. Healey Names Jordan Maynard MGC Interim Chair
Recently, the gambling regulator in Massachusetts, the Massachusetts Gaming Commission (MGC), announced that its chair, Cathy Judd-Stein, plans to step down. In light of this, the regulator initiated a search for a permanent replacement. On Thursday, the MGC confirmed that the Office of Gov. Maura Healey confirmed the appointment of commissioner Jordan Maynard to the […]
Business
March 22, 2024
Nevada Fines Riverside Casino for Excessive Use of Force by Security Staff
The Nevada Gaming Commission has issued a fine of $500,000 to Riverside Resort & Casino for two cases of excessive use of force by the Laughlin property’s security staff. Most of the people involved in the violence have been since fired. As outlined in a complaint filed by the casino, the first case occurred in […]
Industry
March 21, 2024
Peru Records Massive Number of Online License Applicants
Following Peru’s decision to enforce Law No. 31557 which regulates online gaming and sports betting operations on February 9, the country has recorded a large number of applications from companies eager to get their hands on one of the available licenses. Namely, Peru has received no less than 145 license applications for online gambling in […]
Industry
March 21, 2024
Bill in DC Seeks to Make the Betting Industry More Competitive
In 2019, the District of Columbia (D.C.) selected the Greek company, Intralot, to develop and operate mobile betting in the city. As a result, GambetDC, a mobile betting application was launched for residents in the state in 2020, offering legal wagering on sports. Over the years, complaints against GambetDC kept mounting with reported technical glitches […]
Industry
March 20, 2024
Tonko’s SAFE Bet Act Targets Sports Betting Marketing Tactics
Rep. Paul Tonko (D-N.Y.) has expressed his intention to introduce legislation that would change the way online sports betting operators in the US market their services and interact with customers. Problem Gambling, a “Public Health Crisis” Tonko considers that problem gambling in the US has turned into a full-blown “public health crisis—one that requires a […]
