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Industry
November 2, 2023
Spelinspektionen Issues $809,300 Fine to Videoslots over AML Failings
Sweden’s gambling regulator, the Spelinspektionen, has issued a penalty fee to Videoslots. According to the authority, the gambling operator failed to properly measure risk and committed anti-money laundering (AML) and counter-terrorist financing (CTF) violations. For reference, Videoslots is a licensed operator that offers gambling in Sweden through its videoslots.com website. As noted by the Spelinspektionen, […]
Industry
November 1, 2023
Seven Network Disobeys Online Advertising Rules, says ACMA
The probe of the Authority uncovered that Seven West Media’s Seven Network Operations Ltd (Seven) has failed to comply with the country’s gambling advertising regulations. Not the First Breach On December 12, 2022, Seven aired a gambling ad outside the officially established times allowed during live sports broadcasts on its streaming service. The respective ad […]
Business
November 1, 2023
Crown Is Renegotiating Its $1B Tax Guarantee with NSW
Crown Resorts is renegotiating its 1 billion-dollar (AUD) tax guarantee agreement with the New South Wales government. In 2013, the operator promised to pay at least $1 billion in license fees and taxes over the 15 years after the opening of its Sydney property. However, the casino didn’t quite pick up as Crown Resorts had […]
Legal
November 1, 2023
Curacao Online Gaming Portal Starts Accepting License Registrations
For years, Curacao-based offshore operators have been infamous for their minimal player protection rules and for offering gaming services illegally. Amid growing concerns about problem gambling and efforts to strengthen the regulation, the nation’s online gambling sector is currently going through a transition period that seeks to streamline the regulation and create a fairer and […]
Industry
November 1, 2023
Spelinspektionen Reports Progress of Anti-Black Market Collaboration with Finansinspektionen
The Spelinspektionen, Sweden’s gambling regulator, has published a partial report on the ongoing review of how collaboration with the Finansinspektionen can strengthen the efforts against illegal gambling. The country remains bullish on protecting local players from harm and combating gambling-related fraud. The report outlines the results of the ongoing cooperation between the Spelinspektionen and the […]
Industry
October 31, 2023
MGA Issues Notice of License Cancelation to AMGO iGaming
The Malta Gaming Authority (MGA) issued a notice of license cancellation to AMGO iGaming Malta. According to the regulator, the gaming company has committed three major breaches leading to the notice. First of all, AMGO iGaming failed to pay the total annual license fee covering the period between November 22, 2022, and November 22, 2023. […]
Industry
October 31, 2023
Philippine Senate Reiterates Need for Offshore Operators Ban
As a result of a recent raid on a Pasay City building located along Williams Street conducted by a task force under the leadership of the Presidential Anti-Organised Crime Commission (PAOCC) together with the Department of Justice, law enforcement officers in the Philippines have set free 731 workers. Most of them were Chinese, along with […]
Industry
October 31, 2023
Italy’s MEF to Propose Online Gambling Reforms
Italy’s Ministry of Finance (MEF) will soon publish a preliminary decree of amendments and resolutions that may lead to gambling reforms. The ministry has been increasingly vocal in its support of revamping the existing iGaming laws and aligning them with the modern age. Italy has not updated its online casino laws for over a decade. […]
Industry
October 31, 2023
UKGC Welcomes Seven New Commissioners
The United Kingdom’s Gambling Commission (UKGC) has welcomed seven new commissioners. Commencing September 11, 2023, these new appointees bring varied skill sets to the British regulator’s team. According to the announcement, Charles Counsell, Helen Dodds, Sheree Howard and Claudia Mortimore will serve 5-year terms, while Lloydette Bai-Marrow, Helen Philips and David Rossington have been appointed […]
Legal
October 30, 2023
Brazil Sets Stringent Requirements for Sportsbook Operators
Brazil’s Ministry of Finance has released a comprehensive set of requirements for sportsbook operators intending to enter the regulated market after its establishment. All interested operators must express their intent within 30 days to expedite the process. The new regulatory framework is now under Senate review after approval in the lower house earlier this year. […]
