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Gambling News - 'Regulation'
Industry
November 3, 2023
Spelinspektionen: Credit Card Ban Isn’t Needed at the Moment
Sweden’s gambling regulator, the Spelinspektionen, has published a consultation response relating to SOU 2023:38, saying that gambling companies should not encourage their players to loan money. However, the regulator is not convinced that further measures are needed at this moment. SOU 2023:38 is a series of proposed measures that concern the extension of the credit […]
Casino
November 3, 2023
Dubai Delays Casino Resort Approvals in Potential Setback for MGM
Dubai, the most ostentatious of the seven emirates in the United Arab Emirates (UAE), has postponed the approval of casino resorts, potentially dealing a temporary blow to MGM Resorts International’s regional ambitions. In collaboration with Wasl Hospitality and Leisure, MGM opened a branded hotel in Dubai in 2021 and has been closely monitoring the possibility […]
Industry
November 3, 2023
Petition Wants the UK to Abandon Its Affordability Checks Plans
A new petition in the UK seeks to oppose the government’s planned implementation of financial checks. The controversial measure, outlined in the white paper, would see the government conduct affordability assessments on people who lose certain sums of money to gambling. The proposed measure would force operators to conduct checks on anyone who loses more […]
Industry
November 3, 2023
UKGC Boss Highlights Importance of Cooperation Between Regulators
Amid the expansion of online gambling and the continuous evolution of the sector, robust and effective regulations that ensure a safe, secure and fair service for the consumers remain a strategic priority. In general, regulations when it comes to retail or iGaming activities vary from one country to another. While some countries across Europe have […]
Legal
November 3, 2023
Oklahoma Governor Unveils Plan For Sports Betting Legalization
Oklahoma Gov. Kevin Stitt released a new plan, proposing the statewide expansion of sports betting in the state. On Thursday, the governor unveiled details regarding the plan that calls to deliver in-person betting via Tribal operators and mobile betting through licensed operators across Oklahoma. Gov. Stitt proposes mobile wagering to be taxed at a 20% […]
Industry
November 2, 2023
Spelinspektionen Issues $809,300 Fine to Videoslots over AML Failings
Sweden’s gambling regulator, the Spelinspektionen, has issued a penalty fee to Videoslots. According to the authority, the gambling operator failed to properly measure risk and committed anti-money laundering (AML) and counter-terrorist financing (CTF) violations. For reference, Videoslots is a licensed operator that offers gambling in Sweden through its videoslots.com website. As noted by the Spelinspektionen, […]
Industry
November 1, 2023
Seven Network Disobeys Online Advertising Rules, says ACMA
The probe of the Authority uncovered that Seven West Media’s Seven Network Operations Ltd (Seven) has failed to comply with the country’s gambling advertising regulations. Not the First Breach On December 12, 2022, Seven aired a gambling ad outside the officially established times allowed during live sports broadcasts on its streaming service. The respective ad […]
Business
November 1, 2023
Crown Is Renegotiating Its $1B Tax Guarantee with NSW
Crown Resorts is renegotiating its 1 billion-dollar (AUD) tax guarantee agreement with the New South Wales government. In 2013, the operator promised to pay at least $1 billion in license fees and taxes over the 15 years after the opening of its Sydney property. However, the casino didn’t quite pick up as Crown Resorts had […]
Legal
November 1, 2023
Curacao Online Gaming Portal Starts Accepting License Registrations
For years, Curacao-based offshore operators have been infamous for their minimal player protection rules and for offering gaming services illegally. Amid growing concerns about problem gambling and efforts to strengthen the regulation, the nation’s online gambling sector is currently going through a transition period that seeks to streamline the regulation and create a fairer and […]
Industry
November 1, 2023
Spelinspektionen Reports Progress of Anti-Black Market Collaboration with Finansinspektionen
The Spelinspektionen, Sweden’s gambling regulator, has published a partial report on the ongoing review of how collaboration with the Finansinspektionen can strengthen the efforts against illegal gambling. The country remains bullish on protecting local players from harm and combating gambling-related fraud. The report outlines the results of the ongoing cooperation between the Spelinspektionen and the […]