Gambling News - 'Regulation'
Industry
September 13, 2023
Australia Seeks to Prohibit the Use of Credit Cards in iGaming
Australia’s government plans to ban the use of credit cards for gambling as a way to prevent gambling-related fines and harm. The Interactive Gambling Amendment (Credit and Other Measures) Bill 2023 would also disallow the use of digital currencies for online gambling activities. In addition to that, the bill would also allow the minister to […]
Legal
September 12, 2023
Dutch Gambling Regulator to Update Responsible Gaming Policies
Amid the growth of the popularity of online gambling activities such as casino gambling and sports wagering, concerns about problem gambling continue to rise. Kansspelautoriteit (KSA), the Netherlands Gambling Authority, released the details of a new probe into the prevention and monitoring of problem gambling, outlining that more needs to be done to prevent harm […]
Industry
September 11, 2023
Sweden’s BOS Comments on Proposed Money Laundering Act Changes
The Swedish Trade Association for Online Gambling (BOS) has addressed the recently proposed changes to the Money Laundering Act. Put forward by the Ministry of Finance, the memorandum with proposals seeks to increase the penalty fee for certain violations. The BOS, which represents around 20 licensed gambling companies in Sweden, expressed its delight to have […]
Industry
September 11, 2023
Gambling Identified as Risk Factor in New DHSC Suicide Prevention Program
The Department of Health and Social Care (DHSC), the department in charge of government policies related to adult social care and health in England, released details regarding a new 5-year cross-sector suicide prevention strategy. Details regarding the new strategy emerged Monday and gambling was identified as one of the risk factors, along with domestic abuse, […]
Industry
September 8, 2023
Dutch Regulator Cracks Down on Cashback Bonuses
The authority’s recent actions came in response to a licensed operator offering clients cashback bonuses. Dutch law prohibits such practices, forcing the offending entity to terminate the promotion. However, the incident raised significant concern that other gambling companies may also be violating the ban, prompting an in-depth investigation by the KSA. Violations May Be More […]
Industry
September 7, 2023
UKGC Provides Clarifications about Financial Checks Amid Misunderstandings
Andrew Rhodes, the chief executive officer of the United Kingdom’s Gambling Commission (UKGC) has addressed certain misunderstandings around the controversial financial risk checks. The risk checks are one of the measures proposed by the white paper. With the consultation phase now ongoing, Rhodes believes that not everyone fully understands what the checks are all about. […]
Sports
September 7, 2023
UFC Strengthens Betting Integrity with ProhiBet Partnership
In a move to uphold the integrity of mixed martial arts (MMA), the Ultimate Fighting Championship (UFC) has joined forces with ProhiBet, a pioneering sports betting compliance solution, to reinforce regulatory compliance and combat prohibited sports betting activities. ProhiBet Safeguards MMA Integrity Through Innovative Monitoring ProhiBet, an advanced notification platform, has been designed to monitor […]
Legal
September 6, 2023
Irish Lottery Hit With $160K Fine in Self-Exclusion Breach Ruling
Premier Lotteries Ireland (PLI), the operator of the Irish National Lottery, was subject to a fine after the country’s lottery regulator uncovered breaches related to self-exclusion. The Irish lottery regulator imposed a monetary sanction of €150,000 ($160,900) against PLI after uncovering that the operator breached its license conditions. The penalty stems from an investigation into […]
Legal
September 6, 2023
Romania Implements New Restrictions for the Retail Gambling Sector
At the end of August, the Romanian government initiated a draft legislative proposal that would trigger a number of important changes to the gambling scheme in the country. In short, the proposed changes would address the country’s growing budgetary deficit, which is currently at 2.33% of the Gross Domestic Product and projected to reach 6.4% […]
Industry
September 5, 2023
Betting and Gaming Council Enhances Responsible Advertising Standards
The Betting and Gaming Council (BGC) has announced significant updates to the Seventh Industry Code for Socially Responsible Advertising (IGRG code), enhancing current advertising standards. These efforts coincide with the upcoming UK white paper and should significantly benefit consumers, tackling problem gambling by raising awareness and protecting vulnerable individuals. Responsible Gaming Messaging Receives a Boost […]