Gambling News - 'Regulation'
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 […]
Legal
May 18, 2023
PAGCOR Warns Operators Following Recent CGC Technologies Raid
The Philippine Amusement and Gaming Corporation (PAGCOR) has issued a “stern warning” to its offshore licensees and accredited service providers, asking them to comply with the local rules. The body’s chair and chief executive officer, Alejandro Tengco, addressed gambling companies in the country, reminding them that they are legally obliged to operate within the bounds […]
Legal
May 18, 2023
Maine May Go Live with Sports Betting by Thanksgiving
Five years since the repeal of PASPA by the US Supreme Court, sports betting is now available in different forms in more than 30 US states. In general, the interest in the activity in its mobile form is more popular and that doesn’t come as a surprise, considering the flexibility mobile devices offer. Maine legalized […]
Esports
May 17, 2023
ACMA Reprimands a Concerning CS:GO Skins Gambling Site
The Australian Communications and Media Authority (ACMA) has issued a warning to Feral Holdings, an online gambling company that offered casino-style games. Instead of money, the operator took CS:GO skins as wagers. Feral’s site, CS:GO Roll, offered Australian players a unique approach to gambling. Instead of wagering money, players would deposit expensive skins from the […]
Legal
May 17, 2023
Kwiff Faces ASA Sanction for Underage Marketing Violations
The UK Advertising Standards Authority (ASA) discovered a Kwiff ad right next to an article on the Portsmouth FC website, urging young people to join the Junior Blues. The operator denied the accusations, noting that its online marketing software specifically avoided targeting minors. However, The ASA refused to change its decision, stating the circumstances surrounding […]
Industry
May 17, 2023
Spain to Create a Match-Fixing Monitoring Body
Spain’s regulator, the Directorate General for the Regulation of Gambling (DGOJ), has identified potential match-fixing cases. As coordinated with the Ministry of Consumption and the National Police, the country will probe into the report and seek to identify possible manipulations in professional sports. The police will receive access to the SIGMA database and will use […]
Blockchain
May 17, 2023
UK Treasury Committee Seeks to Categorize Crypto Trading as Gambling
Certain MPs in the UK seek to categorize crypto trading as a form of gambling and regulate it appropriately. Currently, the sector is considered a financial service but the Treasury Committee believes that it is more akin to gambling in many aspects. MPs noted that cryptocurrency trading can be just as addictive as gambling. Furthermore, […]
Legal
May 16, 2023
Finland Slapped BML Group with a $2.6M Conditional Fine over Advertising Breaches
Finland’s National Police Board has reported that on April 7, it prohibited BML Group from marketing its services in the country, after the operator was found guilty of breaching the Finnish Lotteries Act. As a result, the operator was slapped with a $2.6 million conditional fine to reinforce the prohibition. BML Group, which is owned […]