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The Latest in regulation
Industry
March 8, 2024
Swedish Gambling Regulator Extends MoU Agreement with UKGC
In November 2019, Spelinspektionen, the Swedish gambling regulator, inked a Memorandum of Understanding (MoU) with the gambling regulator in the UK, the Gambling Commission. The international collaboration focused on identifying best practices, exchanging information and ensuring the sustainable growth of the two markets. The strategic MoU between the Gambling Commission and the Swedish gambling regulator […]
Industry
March 8, 2024
Montenegro Gaming at Peril as Country Contemplates Electronic Payments Ban
The Montenegro government recently announced its plans to ban the use of electronic payment methods on betting sites, sparking industry concerns. Montenegro Bet, a local trade association, has expressed its disagreement with the measure, calling it “unconstitutional.” The change is outlined in the proposed Article 68f of Montenegro’s gambling law. If passed, it would prohibit […]
Industry
March 8, 2024
Indigenous MP Accuses the NT Government of Favoring the Gambling Industry
Yingiya Mark Guyula, a Northern Territory indigenous leader and independent MP, has accused the government of allowing iGaming companies to rip off local players. According to him, the government in the Australian region has been ignoring the First Nations’ pleas for a healthier ecosystem. As reported by The Guardian Australia, Guyula slammed online casino companies […]
Industry
March 7, 2024
Google’s Spam Policy Updates May Impact the Broader Gambling Sector
Google’s recent adjustments to its spam policy, unveiled in the March update, have stirred concerns within the affiliate marketing community. These modifications, aimed at enhancing search result quality, particularly address issues like expired domain abuse, third-party page regulations, and scaled content abuse. Such changes align with Google’s mission to refine its services and comply with […]
Industry
March 7, 2024
Lithuania Considers Stricter Gambling Regulations
The Lithuanian Ministry of Finance is spearheading efforts to tighten regulations in the gambling sector, proposing amendments that would compel gambling companies to actively monitor individuals showing signs of gambling addiction or facing significant losses. Although the country faced difficulties tightening regulations in the past, its newfound political will should be sufficient to implement lasting […]
Industry
March 7, 2024
Australia: NT Government Plans Changes to Gambling Regulations
Currently, gambling is identified as a serious public health issue across Australia. Each month, hundreds of millions of Australian dollars are lost to gambling, making the yearly losses billions. While gambling is widely spread across the country, the government anticipates changes to the vertical that seek to curb problem and excessive gambling and restrict losses […]
Industry
March 7, 2024
UK Gambling Minister Participates in Gambling with Lives Parliamentary Forum
Last year, the UK government released a review of the Gambling Act 2005, the biggest reform of the country’s gambling regulations in nearly two decades. This strategic review ultimately seeks to ensure the establishment of effective regulations that combat gambling harm and prevent gambling addiction in a time when the popularity of online gambling continues […]
Legal
March 7, 2024
AUSTRAC Launches AML Probe into Bet365’s Hillside Brand
The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced that it has commenced an enforcement investigation into bet365’s local brand Hillside. According to the watchdog, the gambling operator may have failed to comply with the country’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). The AUSTRAC noted that this investigation follows a supervisory campaign […]
Industry
March 7, 2024
IBIA Study: Liberal Betting Markets Have Better Channeling Rates
The International Betting Integrity Association (IBIA) has released its “The Availability of Sports Betting Products: An Economic and Integrity Analysis” study. Produced in partnership with H2 Gambling Capital, the study analyzes the upsides and downsides of strict and liberal market regulatory practices. Compiled by H2 Gambling Capital, the study uses IBIA data as a basis. […]
Business
March 6, 2024
Imperial Pacific International Offers License Transfer amidst Legal Uncertainties
Imperial Pacific International (IPI), the once illustrious Saipan casino operator, proposed transferring its casino license to a new investor as part of a new settlement agreement, petitioning the Commonwealth Casino Commission (CCC) to consider its offering. This move aims to avoid the revocation of its license but has caused heated debates among industry stakeholders. IPI […]