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Gambling News - 'Regulation'
Industry
January 9, 2024
Spillemyndigheden Invites Danish Operators to Suggest New GoAML Indicators
Denmark’s gambling regulator, the Spillemyndigheden, has asked the gambling industry to weigh in on the country’s new AML system. Operated by the Money Laundering Secretariat, the GoAML solution flags potential instances of money laundering and terrorism financing. GoAML keeps track of AML reports in the country, providing the Money Laundering Secretariat with important information that […]
Business
January 9, 2024
Entain Withdraws from More than 140 Unregulated Markets
The leading global gaming and betting operator, Entain, started to withdraw from unregulated gambling markets across the globe back in November 2020. Since then, the company has exited many jurisdictions and as of the end of last year operates only in regulated markets. Only recently, Entain completed an initiative that was referred to internally as […]
Legal
January 8, 2024
New York: Sen. Joseph Addabbo Reintroduces iGaming Proposal
Several US states currently offer legal online gambling activities. The list includes New Jersey, Pennsylvania, Michigan, West Virginia, Delaware and Connecticut. While Rhode Island is expected to launch its legal iGaming market this April, efforts in New York state continue. Last week, State Sen. Joseph Addabbo, a long-term supporter of the gambling expansion in the […]
Industry
January 8, 2024
Illegal Betting Flourishes in the USA Despite the Legal Industry’s Growth
The PASPA has been repealed for years now, allowing multiple US states to launch legal sports betting. As a result, dozens of jurisdictions now offer wagering products. However, the black market is still going strong, analysts say. As reported by Covers, illegal sites continue to thrive, both in jurisdictions that are yet to launch legal […]
Industry
January 5, 2024
Lithuania Seeks to Increase the Legal Age for Gambling to 21
Lithuania’s parliament (Seimas) has received a new proposal that, if passed, would raise the minimum age limit for gambling to 21. As reported by SBC News, this proposal is part of the Seimas’ 2024 agenda and will be on voted by ministers later this year. The new measure applies to both retail and digital gambling. […]
Industry
January 5, 2024
GambleAware Weighs in on the Statutory Levy Consultations
GambleAware’s chief executive officer, Zoë Osmond, has weighed in on the statutory levy consultations, expressing her excitement about the measure. However, she also had a few points to make. For reference, the levy would require all operators in the UK to provide a portion of their revenues for gambling harm research and treatment and was […]
Industry
January 5, 2024
New Report Suggests Current Number of Nebraska Racetracks Adequate
Several years ago, Nebraska residents voted in favor of a ballot initiative that effectively connected the state’s racetracks to casino development. The approved initiative requires gambling companies interested in developing and operating casinos in the state to secure approval for a racetrack. This process makes the development of casinos easier for the state’s existing racetrack […]
Industry
January 4, 2024
MGA Renews MoU with Alderney’s Gambling Regulator
The Malta Gaming Authority (MGA) confirmed that it has renewed its Memorandum of Understanding (MoU) with the Alderney Gambling Control Commission (AGCC). As a result, the two authorities will continue working together into 2024 and beyond, supporting one another when needed. The MoU aligns the MGA and AGCC’s common values and allows them to perform […]
Industry
January 4, 2024
Italy Determined to Revamp Gambling Laws despite Industry Concerns
Italy has taken a significant step towards a comprehensive reform of its online gambling sector in 2024, as the government has decided to proceed with the Ministry of the Economy and Finance (MEF)’s decree to reorganize the gambling sector. However, newly envisioned licensing fees have caused significant friction with operators who accused policymakers of their […]
Industry
January 4, 2024
Fort Lauderdale Meet Explores Benefits of Online Gambling
Last year, the National Council of Legislators from Gaming States (NCLGS), an organization that brings together state lawmakers to discuss gaming-related issues, organized an event that took place in Las Vegas. Now, the Council’s Winter Meeting kicked off on Wednesday with a wide range of planned discussions regarding online gambling, daily fantasy sports, as well […]