Legal
July 5, 2023
Ohio’s Betting Tax Hike Will Hurt the Industry, Critics Say
A recent Ohio bill dubbed House Bill 33 proposes some drastic changes to how the state’s sports betting industry should be taxed. Under the measure, sportsbooks will have to pay 20% of their revenue in taxes starting 2024. Needless to say, not everyone is happy. A Summary of the Events Currently, sports betting operators need […]
Industry
July 5, 2023
Soft2Bet, ELA Games Secure Licenses in Romania
Two more gaming companies have secured licenses in Romania. One is Soft2Bet, which will operate gambling in the country, while the other one is ELA Games, which will supply local operators with content. A Major Milestone for Soft2Bet Soft2Bet secured approval from the ONJN, Romania’s gambling regulator, and will now be able to organize and […]
Industry
July 4, 2023
Jamie Nettleton: Banning Ads Will Benefit Offshore Operators
Jamie Nettleton, partner at the Australian law firm Addisons, spoke with Inside Asian Gaming about the dangers of banning online gambling advertising. According to him, such a drastic move would channel players toward the dangerous black market. A recent parliamentary report in Australia proposed the gradual ban of online gambling ads. Under the proposal, ads […]
Industry
July 4, 2023
Aviator Creator Spribe Secures B2B License in Sweden
Spribe, a leading developer of gaming titles, has secured a supplier license from Sweden’s gambling regulator, the Spelinspektionen. As a result, players in Sweden will be able to continue playing Aviator, Spribe’s magnum opus. The move comes in response to the newly-introduced gambling laws in Sweden which state that starting July 1 only licensed suppliers […]
Industry
June 29, 2023
Glitnor Group Fined in Malta over AML and KYC Breaches
A week after Malta’s Gaming Authority confirmed the cancellation of MKC Limited’s license, the island nation’s Financial Intelligence Analysis Unit (FIAU) slapped Glitnor Group, an iGaming business group, with a fine. The financial penalty followed serious breaches on the company’s side. Glitnor Group, which is based in Malta, had its Glitnor Services B2C division probed […]
Legal
June 29, 2023
PGCB Issues New Fine to Casino over Underage Gambling
The casino in question is Harrah’s Philadelphia which has received a penalty of $35,000 for allowing individuals under the legal gambling age to enter the premises and place a bet. The state laws say that no person who is under 21 is allowed on the premises of casinos in any capacity let alone to gamble. […]
Industry
June 27, 2023
Baltic Bet Slammed with a $18,000 Fine in Lithuania
The Lithuanian Gambling Supervisory Authority has issued a fine of over $18,000 to Baltic Bet, which breached the local gambling advertising rules. According to the regulator, the operator actively incentivized consumers to gamble. As reported by the authority, between November 3, 2022, and February 28, 2023, Baltic Bet’s site included a message that pushed people […]
Industry
June 27, 2023
UK Government Invites New Input on Gambling White Paper
The Department for Culture, Media and Sport (DCMS) select committee has taken a significant step toward shaping the future of gambling regulations in the country by inviting public reactions to the recently released white paper. In a new call for evidence, the committee seeks to gather insights, opinions, and feedback from various interested parties, including […]
Industry
June 26, 2023
NC Lottery Commission to Deliver Betting Professionally and Transparently
North Carolina is set to become the next state with a fully-operational betting and online betting market. The state recently passed a sports gambling bill into law, with Governor Roy Cooper personally signing the measure. Ripley Rand, chair of the North Carolina Lottery Commission, spoke with the Winston-Salem Journal, a local news outlet, providing more […]
Industry
June 26, 2023
Gibraltar Stays on the FATF Greylist as Remedial Progress Remains Slow
Gibraltar continues its struggle to address its strategic deficiencies and comply with international anti-money laundering (AML) and counter-terrorism financing (CTF) standards. Despite efforts to rectify the situation, the territory has remained on the Financial Action Task Force (FATF) greylist, which can significantly impact Gibraltar-based operators. Cooperation with Local Businesses Remains Paramount The most recent FATF […]
