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Gambling News - 'Regulation'
Industry
January 28, 2025
NSW Bans Gambling Ads from Public Transport and Stations
New South Wales has moved to ban gambling ads on public transport as the Australian state seeks to tackle gambling harm. The country has been struggling with significant addiction rates, prompting calls for reforms and stricter regulation. The Government Wants to Make Gambling Ads Less Prominent Liquor and Gaming NSW confirmed that the Minns Goverment […]
Industry
January 28, 2025
Casino Moratorium Bill Picks up Speed in Iowa
Earlier this month, a casino moratorium proposal in Iowa picked up speed. The bill called to restrict the awarding of new casino licenses for the next few years and if approved, may threaten the future of a proposed Cedar Rapids project that awaits approval from the state’s gambling regulator, the Iowa Racing and Gaming Commission […]
Business
January 28, 2025
NY Gambling Regulator Adds Members to Gaming Facility Location Board
Major gaming and hospitality operators are looking forward to securing one out of three New York downstate casino licenses. While efforts to speed up the process have so far failed, a couple of fresh appointments announced by the New York State Gaming Commission may signal another push to expedite the process. New York Gaming Facility […]
Legal
January 27, 2025
Loterj Ordered to Cease Operations Outside Rio de Janeiro
The Supreme Federal Court (STF) has reaffirmed its decision regarding the territorial limitation of Loterj’s activities within Rio de Janeiro. Justice André Mendonça issued a stern directive against Loterj and its president, Hazenclever Lopes Cançado, giving the organization five days to implement measures preventing users from accessing Loterj-licensed operators outside Rio’s borders. Loterj Must Immediately […]
Industry
January 27, 2025
Turkey Blocks 233K Illegal Gaming Sites in 2024, Efforts Continue
Turkey continues to crack down on illegal gambling in the wake of a busy 2024. The country, which banned hundreds of thousands of illegal and offshore websites, is considering upping the ante in 2025. The War on Illegal Gambling Goes on According to official data, Turkey identified and banned over 233,000 illegal gambling sites in […]
Industry
January 27, 2025
Brazil Trying to Stop Welfare Funds from Being Used on Gambling
Following in the footsteps of countries and gambling hubs like France, Turkey, Singapore, Hong Kong, and Macau, Brazil started 2025 by intensifying its efforts to crack down on unlicensed gambling operators. The Central Bank (BCB) of South America’s largest country has recently acknowledged significant technical challenges in preventing welfare funds from being used for gambling. […]
Legal
January 27, 2025
New Hampshire: Andy Sanborn’s License Revocation Put On Hold
Earlier this month, an ongoing legal case against Andy Sanborn, the owner of Concord Casino and former New Hampshire senator, hit a snag. The fraud case saw two experts dismissed by a judge who concluded that they engaged in gross negligence while investigating the issue. Following that small victory, Sanborn enjoyed another favorable change in […]
Business
January 24, 2025
Redburn Atlantic: Regulatory Probe Endangers Evolution’s Valuation
Leading innovator in product development and advanced IT solutions for online casinos, Evolution, is facing challenges amid a fresh report by Rothschild & Co’s public equities arm, Redburn Atlantic. Among other things, the report considers the regulatory scrutiny the company is subject to as a potential risk to its valuation. Evolution Taking “Forceful Action Using […]
Legal
January 24, 2025
DraftKings Faces Legal Challenge over Alleged Player Exploitation
Leading US online sports wagering company DraftKings faces another class-action lawsuit. This newest legal challenge, filed in the Southern District of New York and spearheaded by Clara De Leon and Eric W. Mirsberger Jr., accuses DraftKings and its subsidiary Crown NY Gaming LLC of deceptive advertising and consumer manipulation. The Operator Allegedly Offered Misleading Bonuses […]
Legal
January 24, 2025
Canada Concerned About Links Between Online Gambling and Drug Trade
Canada’s financial intelligence agency, FINTRAC (Financial Transactions and Reports Analysis Centre of Canada), has raised alarms over the suspected use of online gambling platforms for laundering proceeds from fentanyl production and trafficking. The revelation underlines an uncomfortable link between the online gaming industry and the opioid crisis that has gripped Canada over the last few […]