Industry
April 30, 2024
Changes to Gambling Ad Rules in the UK under Fire by the House of Lords
Last year in April, the UK government released a White Paper following the review of the country’s Gambling Act. The release of the White Paper marked the first step for the changes to the gambling regulations in the country, amid concerns about growing gambling harm and at-risk gambling. This year, the government’s efforts toward the […]
Industry
April 30, 2024
Illinois Gaming Board Takes Regulatory Actions in April Meeting
The gambling regulator in Illinois, the Illinois Gaming Board (IGB), held its monthly regularly scheduled meeting, addressing a number of issues and taking regulatory action. The latest meeting was organized last week, and the Board confirmed a number of regulatory actions. Focusing on video gaming, the gambling regulator approved licenses for three terminal operators, one […]
Industry
April 29, 2024
Gibraltar Displeased with EU Parliament’s High-Risk List Decision
The United Arab Emirates (UAE), Gibraltar and Panama will remain a part of Europe’s list of countries with significant deficiencies related to Anti-money Laundering (AML) and Countering the Financing of Terrorism (CFT), after voting of the European Parliament last week. A proposal from March called for the removal of the aforementioned countries, identified for their […]
Industry
April 29, 2024
Ontario Sports Betting Ads Broadcast across Canada
This April marked the two-year anniversary of the launch of the regulated online gambling market in Ontario, Canada’s most populous province. The flourishing market proved its potential over the last two years, going from strength to strength and expanding the offering for customers in the province. Currently, there are more than 70 licensed gambling operators […]
Industry
April 26, 2024
Swedish Scratch Card Game Trisskrapet Draws Controversy
The Swedish Trade Association for Online Gambling (BOS) has backed the Swedish Consumer Agency’s (KV) and the Consumer Ombudsman’s (KO) evaluation regarding the daily scratch card commercial “Trisskrapet” featured on TV4. The consensus is that the segment should be recognized as advertising rather than an editorial feature, marking a significant development in the ongoing debate […]
Industry
April 26, 2024
ATG CEO Hints Sweden’s Government Is Open to Amend Tax Hike
Swedish gambling operator ATG’s chief executive officer, Hans Lord Skarplöth, has suggested the government might be willing to amend the gross gaming revenue tax hike proposal. Seminar for 20 Politicians In a blog post on the ATG platform online, CEO Skarplöth explained the unique betting company launched in 1974 has hosted a gambling-connected seminar for […]
Industry
April 26, 2024
PA Bill Would Ban the Use of Credit Cards in Online Gaming
Pennsylvania bill seeks to prevent gamblers from fueling their iGaming accounts via credit card. The measure, Senate Bill 1159, was filed this Monday and seeks to address some of the state’s gambling harm-related concerns. Filed by Senator Wayne Fontana, SB 1159 would ban the use of credit card funding for online gambling. The measure targets […]
Legal
April 25, 2024
Hundreds of Korean Teenagers Caught in Underage Gambling Ring
The South Korean National Police Agency revealed a startling statistic on Thursday, indicating that teenagers comprised one-third of the 2,925 online gambler suspects apprehended in a recent crackdown on an illicit gambling ring. The agency’s National Office of Investigation spearheaded a focused operation targeting adolescent involvement in online gambling from 25 September last year to […]
Industry
April 25, 2024
UK MPs Discuss KiX, Vow to Prevent Another Football Index Situation
The UK parliament has discussed KiX, a controversial new soccer trading platform. While bearing some similarities to the failed Football Index platform, KiX says that its predecessor was merely a “proof of concept.” For context, the Football Index was a platform similar to a stock market. Instead of stock, however, players dealt with wagers on […]
Industry
April 25, 2024
EU’s Anti-money Laundering Efforts Strengthened with New Rules
Newly approved anti-money laundering (AML) rules will safeguard the Old Continent from such criminal activities. On Wednesday, the European Parliament confirmed that it has approved a new package of AML rules applicable to the European Union. The new rules, as explained by the EP, seek to ensure “people with a legitimate interest, including journalists, media […]
