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Gambling News - 'Regulation'
Legal
October 16, 2023
BOS Agrees with Proposed Tighter Credit Rules in Sweden
BOS, the Swedish Trade Association for Online Gambling, an organization that represents 20 licensed gambling operators in Sweden, showed support for a proposal that seeks to reduce over-indebtedness and risky lending, effectively protecting the customers in the country. The proposal, submitted by the Ministry of Justice, called for the implementation of a debt register and […]
Industry
October 13, 2023
KSA Hands a $2.2M Fine to LCS Limited
The Netherlands’ gaming authority, Kansspelautoriteit (KSA), continues its vigilant watch over the Dutch market. In one of its latest announcements, the regulator revealed that it has imposed a fine of EUR 2,074,000 (around $2,180,000) on the gambling operator LCS Limited. According to the KSA, LCS offered gambling illegally, targeting local customers through its www.sonsofslots.com brand. […]
Industry
October 12, 2023
ACMA Asks Best Bookies to Take Down Unlicensed Gambling Service
The Australian Communications and Media Authority (AMCA) has issued a formal warning to Best Bookies’ Price over the latter company’s unlicensed wagering products. While not an operator in the traditional sense, Best Bookies’ had functionalities that placed bets on behalf of its customers. Best Bookies is an online service that allows gamblers to compare betting […]
Industry
October 11, 2023
UKGC Close to Signing Multiple MOUs with US Regulators
Tim Miller, the executive director of the United Kingdom’s Gambling Commission (UKGC), spoke during the recent G2E conference in Las Vegas, saying that his team is close to sealing several Memoranda of Understanding with a number of US regulators. In line with Miller’s call for unity, the move would improve the relationship between the British […]
Industry
October 11, 2023
Tim Miller Highlights the Importance of Collaboration in Gambling Regulation
Tim Miller, executive director of the United Kingdom’s Gambling Commission (UKGC) addressed the current state of the industry from the perspective of the British regulator. During yesterday’s Global Gaming Expo (G2E), Miller commented on some of the latest developments in global gaming. Miller started his speech with a brief discussion of the British market, noting […]
Industry
October 11, 2023
Irish Betting Shops Can Rest Easy as Government Postpones Levy Increases
Ireland’s Minister of Finance, Michael McGrath, presented the country’s budget for the upcoming year, omitting any mention of the planned increase in the betting levy. The proposed change, an initiative first championed by the Labour Party, would see the tax rate rise from 2% to 3%, with the additional funds earmarked to support domestic sports […]
Legal
October 11, 2023
Senator Angelo Coronel Selected for Rapporteur of Betting Bill in Brazil
Efforts for the legalization of sports betting in Brazil continue. Earlier this week, Senator Angelo Coronel was appointed to the role of rapporteur for a bill that proposes the legalization of wagering on sports in the country. The latest announcement comes after the proposal, Bill 3626 / 2023, successfully cleared Brazil’s lower house of Parliament […]
Industry
October 11, 2023
China to Help the Philippines Crack Down on Illegal Offshore Gambling
China has confirmed its readiness to help the Philippines solve its illegal offshore gambling problem. This was announced by the former country’s embassy in Manila earlier today. For reference, the Philippines continues to be targeted by illegal gambling operations operated by Chinese nationals, among others. Having cemented itself as a leading destination for gambling tourism, […]
Industry
October 11, 2023
Bulgaria to Restrict Gambling Ads, as Industry Readies Kiosks
Bulgaria’s Ministry of Finance is working on gambling law amendments as the Balkan country seeks to crack down on ads and money laundering. This announcement came after Finance Minister Asen Vasilev and the National Revenue Agency (NRA) met with representatives of Bulgaria’s four biggest gambling organizations. According to the announcement, Bulgaria is set to restrict […]
Casino
October 11, 2023
North Carolina Casino Expansion Yet to Gain Traction
Earlier this year, North Carolina legalized mobile sports betting. While the activity is expected to launch as planned, at some point by mid-2024, further efforts for the expansion of gambling activities were also seen recently. One such effort calls for the legalization of new casinos through the state budget. A gambling proposal that is a […]