Gambling News - 'Regulation'
Legal
April 5, 2024
Florida Governor Enacts Bill on Seized Gambling Assets
Seizing of assets obtained through illegal means is not uncommon across the United States. While regulations vary from one state to the other, in general, assets obtained through criminal activities are seized and can be resold to benefit different state and county programs. While this can provide vital funding for different programs, it also allows […]
Industry
April 4, 2024
UKGC Hits bet365 with $740K Fine over AML, Social Responsibility Breaches
The UK gambling regulator, the Gambling Commission (UKGC), announced that bet365 was the latest operator hit with a settlement due to regulatory breaches. On Thursday, the gambling regulator confirmed that the leading betting and gaming company is subject to a £582,120 ($737,234) monetary sanction. The hefty settlement comes after the Commission uncovered social responsibility failures […]
Sports
April 4, 2024
Louisiana to Roll out Ban on College Prop Bets Starting from August
A new change announced by the gambling regulator in Louisiana seeks to ban prop bets for college sports. The statewide expansion of sports betting paved the way for wagering on college games, in addition to professional sports. With many states offering a wide range of betting options, wagers that involved specific parts of the game […]
Industry
April 3, 2024
Romania Appoints Hairstylist as National Gambling Office VP
Romania’s prime minister, Marcel Ciolacu, has appointed Cristian-Gabriel Pascu as the vice-president of the National Gambling Office (ONJN). The decision made by the government’s head at the recommendation of the Ministry of Finance has already sparked a lot of controversy in the gambling industry as soon as the official announcement was published in the government […]
Industry
April 3, 2024
Bulgaria: Parliament Turns Down Gambling Ad Restrictions
A draft, proposing changes to the gambling regulations in Bulgaria was recently rejected by the country’s majority in Parliament. The draft called for changes to the Gambling Act in the country in an effort to reduce problem gambling and gambling harm. The rejected draft proposed the implementation of changes to the gambling advertising regulations in […]
Industry
April 3, 2024
Ukraine Considers New Restrictions for Online Gambling
On February 24, 2022, Russia invaded Ukraine in what can only be described as an unprecedented act of war. This invasion became the largest attack on a sovereign European country ever since World War II. The war resulted in the displacement of millions of Ukrainians and the death of civilians and military personnel. While the […]
Industry
April 2, 2024
BOS Weighs In on Sweden’s Anti-Match-Fixing Initiative
The Swedish Trade Association for Online Gambling (BOS), representing 18 prominent gambling companies in the Swedish market, has voiced its opinion on the Swedish government’s latest initiative to combat match-fixing. In a statement released today, BOS expressed its support for increased cooperation between gambling operators, sports associations, and law enforcement authorities to maintain the integrity […]
Industry
April 2, 2024
Gambling Regulator in Denmark Continues to Fight Illegal Offering
The gambling regulator in Denmark, Spillemyndigheden, released a new report, highlighting its efforts against illegal gambling and accomplishments completed in 2023. Details regarding the new report emerged Tuesday with the gambling regulator confirming that monitoring illegal gambling offerings is a part of its ongoing priorities. Not unexpectedly, Spillemyndigheden takes action against unlicensed gambling operators offering […]
Legal
April 2, 2024
VGCCC Levies $100,000 Fine to MintBet for Code Violations
The Victorian Gambling and Casino Control Commission (VGCCC) announced that it has issued a fine of AUD 100,000 ($65,100) to MintBet, an operator that violated its Responsible Gambling Code of Conduct repeatedly. According to the authority, the online operator allowed the player to sit down for extensive periods of time without intervening. Within a period […]
Industry
April 2, 2024
Curaçao Agrees to Extend Licensing Period through April 30
The Curaçao Gaming Control Board (CGCB) has decided to extend its license application period by a month as applications failed to meet expected standards. The extended application window will allow operators to address the logistical issues that prevented them from submitting high-quality applications. According to the authority, applications that fail to meet the expected standards […]