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Gambling News - 'Regulation'
Legal
October 19, 2023
Singapore Banks Face Scrutiny amidst Gambling-Fueled Money Laundering Scandal
Singapore’s financial sector finds itself under intense scrutiny as the Monetary Authority of Singapore (MAS) gears up to investigate Credit Suisse and other banks potentially implicated in a money laundering scandal with ties to the city-state’s gaming industry. The inquiry goes beyond routine inspections, signaling the gravity of a situation embroiling numerous domestic and international […]
Legal
October 19, 2023
PGCB Hands a Total of $73,075 in Fines to Three Companies
During its meeting on October 18, the Pennsylvania Gaming Control Board (PGCB) approved four consent agreements presented by the board’s Office of Enforcement Counsel (OEC). As a result, the Pennsylvanian regulator will hand a total of $73,075 in fines to a number of bodies that violated the local gambling rules. The PGCB explained that the […]
Blockchain
October 18, 2023
France Passes Sorare Law, Awaits Approval from the Constitutional Council
French blockchain enthusiasts have a reason to rejoice as the Sorare law was passed with overwhelming support. Under the new law, which would provide the foundation for a regulatory framework for games using NFT and crypto features, such titles will not be classified as gambling. Backed by 437 voters and opposed by 77, the so-called […]
Legal
October 18, 2023
No Casinos, Inc. Continues Its Battle to Stop Gambling in Florida
No Casinos, Inc., a longstanding advocate against the expansion of gambling in Florida, continues its unrelenting campaign using all available means. The aim is to challenge and invalidate the tribal gaming compact, which would grant the Seminole Tribe a monopoly on mobile and retail sportsbooks in the state. This legal battle marks the latest chapter […]
Industry
October 18, 2023
Andrew Rhodes Spoke on the White Paper at the IAGR Conference
Two days ago, Andrew Rhodes from the UK Gambling Commission (UKGC) spoke at the International Association of Gambling Regulators (IAGR) Conference, explaining the nature of the white paper and the reasoning behind the proposed measures. Rhodes Highlighted the Regulator’s Values At the opening of his speech, Rhodes noted that many people in Britain feel very […]
Industry
October 17, 2023
Alabama Democrats to Try to Expand the State’s Gambling Industry
Alabama’s gambling industry has been lagging behind those of other states because of the Yellowhammer State’s fairly restrictive policies. The Alabama Democrats are looking to change that, hoping to make strides in 2024. The Democrats are considering the introduction of a number of pro-gambling policies that would expand the state’s entertainment industry. Set to be […]
Industry
October 17, 2023
UK’s Mandatory Levy Seeks to Minimize the Industry’s Impact on Treatment Services
The United Kingdom is set to consult the implementation of the mandatory levy which will replace the current voluntary system. The measure seeks to prevent the gambling industry’s influence on how gambling harm treatment services are operated. Under the rules outlined in the Gambling Act white paper, online gambling companies will have to pay 1% […]
Industry
October 16, 2023
Reduced Credit Card Fees for Merchants May Hurt Gambling Tourism
A new federal legislation proposal, the Credit Card Competition Act of 2023, aims to reduce credit card fees charged to merchants. However, these interchange fees also fund rewards programs based on points, providing consumers with benefits like airline miles, hotel credits, and cash-back incentives. The potential change has raised concerns about the measure’s broader impact […]
Industry
October 16, 2023
Slots-Like Skill Games Once Again Banned in Virginia
In an unexpected ruling on Friday, the Supreme Court of Virginia reversed a lower court decision and reinstated the state’s prohibition on slots-like skill machines. The Supreme Court issued this ruling during a review of the legality of a longstanding injunction issued by a lower court that had prevented the state from enforcing the ban […]
Legal
October 16, 2023
Blue High House Is Subject to Penalty in the Netherlands
The Dutch gambling authority, Kansspelautoriteit (KSA), constantly monitors activities offered by gambling operators in the country. Such monitoring involves not only the licensed operators but also operators that offer gambling activities without a Dutch license. On Monday, the KSA revealed that its investigation uncovered that the gambling operator, Blue High House SA, offered games of […]