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Legal
May 24, 2023
Malta Introduces New Legislation to Safeguard Operators from Foreign Liability
An increase in the number of lawsuits levied abroad against Malta-based operators has prompted the government to consider introducing additional legal protections. The proposed amendment aims to shield businesses from potential liability arising from legal actions initiated in foreign jurisdictions. However, European lawyers heavily criticized the new measures, arguing Malta was trying to circumvent local […]
Legal
May 24, 2023
MGA Cancels Totup Systems’ License, Gives It 20 Days to File an Appeal
The Malta Gaming Authority has proceeded with the cancelation of Totup System Limited’s license. The company, which breached the local rules, had been provided with twenty days to defend its case and say why its license should not be canceled. However, it failed to do so in time, resulting in the termination of the license. […]
Industry
May 23, 2023
RWA Report Projects AU$3B Lost to Offshore Operators by 2027
An independent report in Australia claims that by 2027 illegal gambling could cost nearly AU$3 billion ($1.99 billion) in lost taxes and product fees, urging authorities to take appropriate action to prevent the losses. New Regulation Should Be Evidence-Based The Australia Offshore Wagering Market Analysis 2023 Report states that by 2027 racing and sports bodies […]
Legal
May 23, 2023
Recent DraftKings Violation Frustrated the Massachusetts Gaming Commission
The Massachusetts Gaming Commission (MGC) is unhappy with DraftKings’ violations despite the operator’s efforts to remain transparent and follow the rules. After realizing that it unlawfully took unauthorized bets on a tennis event, DraftKings self-reported its breach. Since the company did the right thing by reporting the violation, the MGC has so far refrained from […]
Industry
May 22, 2023
Entain Caught Red-Handed Secretly Lobbying against UK’s White Paper
Despite Entain’s public support for tightening regulations and improved player-protection measures, recent evidence suggests the company is covertly attempting to undermine the white paper’s much-needed reforms. While the operator denied responsibility, its ties to lobbying groups left many government officials questioning the sincerity of its statements. The Operator Founded Its Own Advocacy Group The Players’ […]
Industry
May 22, 2023
The Campaign for Fairer Gambling Focuses on US Markets
The safer gambling lobbying group funded by Derek Webb, The Campaign for Fairer Gambling (CFG), has announced its relaunch with a new objective. CFG revealed it will support an increase in the protection of consumers and reduction of gambling harm for the regulated gambling market in the United States. A statement released by CFG explains […]
Industry
May 19, 2023
UKGC: The Industry Will Soon Hear the Results of Certain Consultations
Sarah Gardner, the deputy CEO of the United Kingdom’s Gambling Commission, commented on the Gambling Act review during yesterday’s Lotteries Council Annual Conference. She promised that the UK gambling sector will soon learn the results of certain planned consultations. Gardner told stakeholders that the UKGC has a lot to think about and that many of […]
Industry
May 19, 2023
Tighter Gaming Credit Regulations in Macau Gain Traction
Seeking to ensure effective regulation of gaming credit, the gambling capital of the world, Macau, recently introduced a new legislative proposal. The proposed regulation, called “Legal regime of credit concession for gambling in casinos,” seeks to enable the government to enforce tight regulations on gambling credit and penalize companies that do not adhere to the […]
Industry
May 19, 2023
New Regulations in NSW to Ban External Gambling Signs
After the recent elections in NSW, the Government is taking action against the promotion and advertising of gambling in an effort to reduce problem gambling. On Friday, the NSW Minister for Gaming and Racing confirmed new restrictions for external signage promoting gambling. The change marks another effort in protecting customers from excessive gambling and it […]
Industry
May 18, 2023
Soft2Bet Debuts in Greece with Pair of Licenses from the Hellenic Gaming Commission
May has been a busy month for the software solutions provider whose work has been acknowledged with numerous recognitions, awards, and shortlistings over the years. At the head of the month, Soft2Bet announced it obtained a Business-to-Business license for Sweden, which it added to its previously obtained Business-to-Consumer license. Now, two weeks later, Soft2Bet has […]
