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Gambling News - 'Regulation'
Industry
December 6, 2024
Swedish Court Reduces Fine Against Videoslots
The Linköping administrative court in Sweden has significantly reduced a fine imposed on Videoslots by the country’s gambling regulator, Spelinspektionen. The penalty, initially set at SEK 9 million ($827,000) for anti-money laundering (AML) and terrorist financing violations, was slashed to SEK 4 million ($367,000) after an appeal by the online casino operator. However, Spelinspektionen’s warning […]
Industry
December 6, 2024
Queensland Defers The Star Gold Coast’s License Suspension
The new Queensland government has decided to defer The Star Gold Coast’s license suspension by a few months, providing the Australian casino giant with more time to apply its remediation measures. This decision will provide The Star Entertainment Group with a short breather amid a difficult period. The Star Gets a Few More Months to […]
Industry
December 6, 2024
Betfair Co-Founder Asks UK Government to Protect the Declining Racing Sector
Betfair’s co-founder Andrew Black has expressed concern about the precarious financial position of horse racing in Britain. A horse owner and breeder himself, Black cautiously highlighted the declining betting turnover and predicted that the situation would get worse. The Government Must Shield Racing, Black Says Black expressed his concerns just after the UK Gambling Commission’s […]
Industry
December 6, 2024
Alabama Gaming Expansion Is Unlikely, Senator Givhan Says
Alabama lawmakers are uncertain whether gambling will make any strides in 2025, despite a recent change in leadership. According to Senator Sam Givhan, the recent reshuffle is unlikely to benefit the industry as much as some had hoped. Givhan Wouldn’t Bet on Gaming Expansion in 2025 The Republicans recently named Senator Garlan Gudger as the […]
Industry
December 5, 2024
Swedish Trade Association Head Calls for the Sale of Svenska Spel
Gustaf Hoffstedt, head of the Swedish Trade Association for Online Gambling (BOS), has reignited the debate over the state ownership of Svenska Spel, Sweden’s state-owned gambling operator. According to Hoffstedt, the Swedish government should sell its stake in Svenska Spel, adding that state ownership in a competitive market destroys the government’s neutrality. Svenska Spel’s Government […]
Industry
December 4, 2024
The Dutch Regulator Warns Operators over Illegal Bets
The Dutch Gaming Authority (Kansspelautoriteit/KSA) has warned licensees over prohibited bets. According to the regulator, several companies were offering wagers on youth and grassroots competitions, as well as in-play bets on incidents such as corners and cards. Several Companies Offered Illegal Bets The KSA explained that the violations were discovered during an investigation into the […]
Industry
December 4, 2024
French iGaming Legalization in Peril as Barnier’s Government Shakes
PM Michel Barnier might set a new record for the shortest PM term in the history of France, should a vote of no confidence pass. Set to take place later today, the vote could lead to political instability and, by extension, affect the gaming industry. Barnier Failed to Appeal to the Far Sides of the […]
Sports
December 3, 2024
DRA Suspends Two Darts Pros for Match-Fixing
The Disciplinary Committee of the Darts Regulation Authority (DRA) has suspended two players for match-fixing violations. Both of the athletes will also have to pay fines. The IBIA Reported Suspicious Betting Patterns The darts players in question are Leighton Bennett and Billy Warriner who have committed serious breaches of the DRA Rules, according to the […]
Blockchain
December 3, 2024
Norway to Investigate Crypto Firms and Gambling Operators for Ethical Breaches
Norway’s sovereign wealth fund, the largest in the world with assets totaling $1.8 trillion, will closely examine crypto companies and gambling operators for possible ethical infractions. According to a recent Reuters report, the investigation, led by the fund’s Council on Ethics, will focus on ensuring compliance with ethical standards. These efforts could result in penalties […]
Industry
December 3, 2024
Wyoming to Potentially Legalize Online Gambling in 2025
Wyoming is set to revisit the possibility of legalizing online casino gaming in 2025 after a favorable study from Spectrum Gaming Group. Representative Robert Davis, who spearheaded the initiative, intends to refile legislation based on the study results. A recent PlayUSA report revealed that the study showed iGaming has significant potential to raise millions of […]