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Business
November 22, 2024
Spreadex to Sell Sporting Index Due to Monopoly Concerns
The UK Competition and Markets Authority (CMA) has ordered Spreadex to divest itself of Sporting Index due to significant competition concerns in the licensed online sports spread betting market. This decision comes after an extensive investigation into the merger concluded that the deal stifled competition and risked negatively impacting consumers. A Consolidated Market Could Hurt […]
Industry
November 22, 2024
KSA Penalizes Blue High House, Levies Seven-Figure Fine
The Kansspelautoriteit (the Netherlands’ Gaming Authority/KSA) has slammed Blue High House with a huge seven-figure fine over the provision of gambling without a license. The Dutch regulator reiterated its commitment to protecting the local market from the influence of offshore gaming operators. Additional Violations Led to a Higher Fine According to the KSA’s official announcement, […]
Sports
November 22, 2024
Massachusetts Seeks Betting Limitation Data from Operators
Throughout 2024, the Massachusetts Gaming Commission (MGC) has underscored two clear objectives concerning its examination of sportsbooks and the restrictions they may place on bettors. Namely, they refuse to rush decisions and are committed to thorough investigation. This dedication was evident on Thursday, as the commission voted to direct its Sports Wagering, Legal, and Communications […]
Industry
November 22, 2024
Polish Gaming Association Accuses Unibet of Violations
Kindred Group is a recognizable company that is a parent to many popular betting and gaming brands. Currently, the company together with its subsidiary, Trannel International Ltd, offers its services via the Unibet brand to customers in Poland. However, this offering, according to one legal Polish group, is against the established online gambling regulations. As […]
Industry
November 22, 2024
Roblox Updates Parental Controls, Safety Systems amid Ongoing Lawsuit
Amid the looming class-action lawsuit against the popular online gaming platform, Roblox, the platform updated its safety systems and parental controls. Announced earlier this week, the major update seeks to protect consumers, mainly children, by implementing robust controls and safety features. New Communications Restrictions, Labels and Limits Roblox explained that the changes were implemented and […]
Industry
November 21, 2024
Operators Can Now Apply for Danish Land-Based Bingo License
As of today, November 21, Denmark’s new land-based bingo regulations are into effect. As a result, operators can now open for licenses, the local regulator, Spillemyndigheden, announced. Operators That Apply By Dec 10 Will Get a License Earlier According to the authority, gambling companies can now apply for land-based bingo licenses that will allow them […]
Industry
November 21, 2024
Robinhood Eyes UK Expansion Despite Regulatory Challenges
Robinhood, the US-based trading app known for its commission-free trading model, is doubling down on its ambitions to dominate the UK market despite facing a challenging regulatory landscape. As part of his vision to make the firm a global leader in traditional finance and cryptocurrency trading, CEO Vlad Tenev was confident that the UK could […]
Industry
November 21, 2024
Texas Could Unlock Billions with Regulated Gambling
Texas remains one of the few states to embrace legalized sports betting, but a growing body of evidence suggests that doing so could lead to significant economic benefits. A recent study from independent research firm Eilers & Krejcik highlighted the untapped potential of legalizing sports betting in the Lone Star State, offering a glimpse of […]
Industry
November 21, 2024
Ohio Penalizes DraftKings for Accepting Prohibited Wagers and Payment Methods
Ohio was among the states that banned college player prop betting amid integrity and harassment concerns. Despite the recent prohibition, DraftKings seems to have offered such products past the prohibition date, incurring a six-figure penalty. DraftKings Was Penalized for Accepting College Player Prop Bets On Wednesday, the Ohio Casino Control Commission approved a settlement […]
Industry
November 21, 2024
Nevada Regulation Would Protect Workers from the Summer Heat
Nevada lawmakers have approved the state’s first regulation to protect workers from the heat usually associated with the desert climate. This breakthrough took four years of trial and error and was hailed by activists in the state. The Regulation Was Long Overdue The regulation, now signed into law by the secretary of state’s office, concerns […]
