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Industry
September 28, 2023
Curaçao Finance Minister Emphasizes Benefits of New Gambling Legislation
Silvania discussed the National Ordinance for Games of Chance (LOK) which is set to usher in significant changes in Curaçao’s gambling landscape. Finance Minister Silvania Highlights LOK as Curaçao’s Shield Against Grey-Listing Threat Minister of Finance Javier Silvania stressed the importance of the LOK, highlighting its role as a “safety net” to protect Curaçao from […]
Industry
September 27, 2023
Spelinspektionen Responds Positively to Proposed Money Laundering Act Changes
Sweden’s gambling regulator, the Spelinspektionen, has responded positively to recently proposed changes to the Money Laundering Act that would adjust penalty fees for AML violations. However, the authority proposed a different approach for fines that are less serious and unsystematic. Under the proposed adjustments, the Spelinspektionen must adjust penalty fines for operators that violate the […]
Industry
September 27, 2023
Tim Miller Teases Information about the Second Batch of White Paper Consultations
UKGC executive director Tim Miller recently spoke at the Regulating the Game Conference, highlighting the topics that will be discussed during the next white paper consultations. With the first consultations set to end in October, Miller believes that the industry should start preparing for the next batch. The First Consultations Attracted 1,800+ Responses Miller started […]
Industry
September 26, 2023
Tim Miller Provides Insights into UKGC’s Gambling Review Progress
Tim Miller, the executive director of the UK Gambling Commission (UKGC), recently shared valuable information regarding the regulator’s progress on the contentious issues raised in the UK Gambling Review. Addressing an international audience, Miller provided context on the generational review of the UK’s gambling laws and its implications for consumers and stakeholders. Some Measures Face […]
Industry
September 26, 2023
British Racing Authorities Launch Public Survey on Blanket Affordability Checks
Four of Britain’s horseracing authorities, namely The British Horseracing Authority, Racing TV, At The Races and the Racing Post, have joined forces in opposition to the affordability checks model outlined in the white paper. As a result, the four bodies launched a survey to bettors in the UK, asking them to share their views on […]
Sports
September 26, 2023
ITIA Hands Provisional Suspension to French Player Maxence Broville
The International Tennis Integrity Agency (ITIA), a body seeking to protect tennis from fraud and match manipulation, has confirmed that it has handed a provisional suspension to the French tennis player Maxence Broville. According to the announcement, the ITIA will consider the player’s recent Tennis Anti-Corruption Program (TACP) charges. The ITIA dated the suspension to […]
Legal
September 26, 2023
Gambling Regulator in Lithuania Fines Amber Gaming $16K
The gambling regulator in Lithuania, the Lithuanian Gambling Supervisory Authority, constantly monitors the gambling operators in the country and imposes fines or other sanctions in case it uncovers breaches of the established regulations. Amber Gaming, a betting and gaming operator in the country, was the latest operator to fall under the Authority’s scrutiny. On Tuesday, […]
Industry
September 26, 2023
CFTC Rejects Kalshi’s Congressional Betting Proposal
In addition to sports betting, placing wagers on different events has been gaining popularity over the last few years. Along with that, came attempts to place wagers on political outcomes, an activity that is criticized rightfully given its nature. Back in 2020, KalshiEX LLC became the first regulated financial exchange dedicated to trading event contracts. […]
Legal
September 26, 2023
Australia Pushes Age Classification for Gambling Games and Loot Boxes
Loot boxes are a part of many popular modern video games. The feature offers an activity that is similar to a game of chance where players can open, unlock or break a loot box and receive a random prize. Australia is the latest country to implement changes related to loot boxes as a part of […]
Industry
September 25, 2023
NSW Prepares to Test Cashless Gaming, Invites Companies to Participate in the Trial
Liquor & Gaming New South Wales announced that it will be responsible for overseeing the upcoming cashless gaming technology trial in the Australian state and invited industry bodies to participate. Hosted by The Independent Panel on Gaming Reform, the trial will explore the potential of cashless systems to change gambling in NSW. According to the […]
