Gambling News - 'Regulation'
Industry
May 21, 2024
Spain’s DGOJ Initiates Debate on Unified Gambling Data Registry
The gambling sector in Spain is expected to feature one of the toughest regulations on the Old Continent. Changes to the industry’s regulatory framework have already been initiated and the overhaul of the market has already started. Part of the changes within the gambling sector involves strict know-your-customer (KYC) rules and the establishment of a […]
Industry
May 21, 2024
Tough Gambling Regulations in Brazil May Boost Black Market, GR8 Tech Warns
Last month, the government in Brazil confirmed its intention to finalize its laws regarding betting and online gaming by this summer. The country’s Ministry of Finance confirmed it expects the regulatory framework to be established in four stages with the last one ending in July. Amid the plans for a regulated iGaming and betting market, […]
Industry
May 21, 2024
Macau Study Suggests Casino Employees Fail to Address Harm
A recent academic study by the Macao Polytechnic University has highlighted a number of reasons why casino employees are not always able to effectively mitigate gambling harm. The study was compiled by the university’s Centre for Gaming and Tourism Studies and sheds light on the setbacks casino staff faces when dealing with problem players. After […]
Legal
May 20, 2024
Germany Loss Refund Lawsuit Sent to the ECJ
Earlier in the month, the Federal Court of Justice of Germany (BGH) was supposed to hold a hearing on the matter of whether unlicensed gambling operators should be asked to reimburse players for their losses. The hearing has since been canceled on the reason that the defendant, a sports betting operator in Austria, decided to […]
Industry
May 20, 2024
Bulgaria Bans Gambling Ads; Prohibits Casinos in Underpopulated Areas
After months of discussions, Bulgaria has finally implemented a ban on gambling ads. The measure was signed into law by president Rumen Radev, preventing gambling companies from freely marketing their products. Under the new ad regime, operators are unable to promote their products across all forms of media. The controversial ban still allows gambling companies […]
Sports
May 20, 2024
Massachusetts Regulator to Review Winning Bettor Restrictions
Deposit and spending limits are among the most popular forms of responsible gambling tools used by many bettors across the United States where the activity is legal. While usually, such limits are voluntary, if operators notice excessive gambling, it is their duty of care to enforce limits or even restrict certain individuals from betting. This […]
Industry
May 17, 2024
AUSTRAC and SkyCity Adelaide Agree to $67M Penalty Proposal
Gaming and entertainment company that provides sports, amusement, and recreation services, SkyCity Adelaide Pty Ltd (SkyCity), and the Australian Transaction Reports and Analysis Centre (AUSTRAC) have filed joint submissions with the Federal Court of Australia. Their proposed AU$67 million penalty mentioned in the joint submissions was deemed appropriate in the context of the casino’s contravention of […]
Industry
May 17, 2024
Congresswoman Titus Wants Federal Excise Tax Revoked
Congresswoman Dina Titus expressed her support for repealing the current federal excise tax on sports betting at the SBC Summit North America last week. The fifth edition of the leading conference and tradeshow dedicated to the online betting and gaming industry in North America was held in New Jersey, one of the largest sports betting […]
Industry
May 17, 2024
Massachusetts Gaming Commission to Research iGaming & AI
The Massachusetts Gaming Commission wants to explore the ways in which technology and artificial intelligence can change the gambling industry’s future. The regulator is seeking bids for research into the matter. The MGC’s Gaming Policy Advisory Council just filed two research priorities that highlight certain concerns for the industry’s future in Massachusetts. One of the […]
Industry
May 17, 2024
Trustly Enhances US Gaming License Process with OneComply Integration
Trustly, a prominent player in Open Banking Payments, has recently signed a strategic partnership with OneComply, a division of GeoComply. The collaboration aims to optimize Trustly’s gaming license procedures in the US market by introducing an automated and centralized solution, which will simplify the complex licensing process. OneComply’s Solution Eases Regulatory Burdens for Operators OneComply’s […]