Gambling News - 'Regulation'
Industry
April 3, 2023
BGC to Support RET Levy if Land-Based Operators Are Protected
Britain’s Betting and Gaming Council said that it would welcome a mandatory levy to fund gambling research, education and treatment (RET) services if it is independent and tiered to protect land-based companies. The mandatory levy is a measure proposed ahead of the release of the white paper which will revolutionize British gambling law. It would […]
Legal
April 3, 2023
Gov. Beshear Signs HB 551 into Law, Legalizes Sports Betting in Kentucky
Kentucky has officially passed a law that legalizes sports betting in the state. House Bill 551 was introduced a few weeks ago and quickly gained traction, passing the House, a Senate committee and later the Senate itself. Last Friday, just a few hours after the Senate approved the measure, Governor Andy Beshear signed it into […]
Legal
March 31, 2023
Kentucky Senate Passes Sports Betting Proposal
House Bill 551 (HB 551), a proposal that calls for the legalization of sports wagering in Kentucky successfully passed the Senate Thursday. Although the faith of the bill was unclear and there was a possibility for it to fail, in the end, it successfully cleared the Senate chamber after a 25-12 vote. Given that it’s […]
Industry
March 29, 2023
William Hill’s Failings Reveal an Underlying Regulatory Weakness
As the effects of the £19.2 million fine continue reverberating across the gaming industry, Williams offers a new perspective on the situation, concluding with a warning to all operators considering investing in the UK. While 888 has agreed to pay up without much hassle and implemented substantial remedial measures, the data implies that William Hill’s […]
Legal
March 29, 2023
Australia Calls to Restrict Kids’ Access to Games Simulating Gambling
Australia is infamous for its losses to gambling. Every month, gamblers lose hundreds of millions of dollars to the activity, while the losses annually are at a billion-dollar scale. Many changes were discussed in different Australian states recently, yet a nationwide overhaul of the gambling sector also represents a possible option for the country to […]
Industry
March 29, 2023
The Labour Party Wants to Ban Gambling Ads in Ireland
Ireland’s government is planning to restrict gambling advertising but the Labour Party wants to take things a step further and completely ban ads. Supporters of this measure argue that it will protect high-risk gamblers from problem gambling. Senator Mark Wall spoke on behalf of the Labour Party, detailing the reasoning behind the proposed ban. He […]
Industry
March 28, 2023
888 Is Prepared to Pay the $24M William Hill Fine
888, William Hill’s ownership company, released a statement regarding the fine imposed by the United Kingdom’s Gambling Commission. As the group had previously announced, it is prepared to take responsibility for its subsidiary’s past failures. Earlier today, the UKGC slammed the British operator with a £19.2 million ($23.67 million), the largest penalty it has ever […]
Industry
March 28, 2023
UKGC Serves William Hill Group with $24M Penalty Settlement
The UK Gambling Commission has finally pronounced its verdict on William Hill, slapping the operator with a gargantuan fine of £19.2 million ($23.67 million). This is notably the largest fine ever handed by the commission, exceeding the previous record of £17 million. The commission explained that the William Hill Group will have to pay £12.5 […]
Industry
March 27, 2023
AFL, NRL CEOs Joint Appearance before Inquiry Suggests United Front
A joint appearance of Australian Football League (AFL) and National Rugby League (NRL) executives before an online gambling inquiry that is seen as key to further regulation tightening led to speculation that both sporting bodies are changing their stance against changes. Opportunity to Comment on Evidence AFL’s chief executive officer, Gill McLachlan and his NRL […]
Industry
March 27, 2023
Vermont House Clears Sports Wagering Bill
As sports betting continues to expand in the United States, more and more states are trying to get the vertical legalized. One such battle is being waged in Vermont where an online sports betting bill moved closer to getting written into law. House Bill 127, which was recently introduced by Democratic Rep. Matt Birong and […]