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The Latest in regulation
Industry
September 23, 2024
Labor MP Asks Channel 4 to Apply Gambling Ad Blanket Ban
Labor MP for Leeds Central and Headingley Alex Sobel has asked publicly owned Channel 4 to stop broadcasting gambling advertisements in the context of the repeated calls for the introduction of a blanket ban across all TV stations. Questions regarding the odds of Channel 4 deciding to implement the ban will be raised during a […]
Business
September 23, 2024
MGM Submits Application for Abu Dhabi Casino License
The recognizable gaming and hospitality giant, MGM Resorts, announced it has submitted a license application for a United Arab Emirates (UAE) casino. The Company Is Among the First to Apply for a Casino License The exciting news came during the Skift Global Forum 2024 last week. Bill Hornbuckle, MGM’s CEO, confirmed the strategic move that […]
Industry
September 20, 2024
Social Democrats’ Lottery Accused of Targeting Seniors in Sweden
A lottery that helps raise funds for a political party in Sweden was recently accused of targeting the elderly with the use of forceful tactics to sell tickets. Aggressive Selling Tactics The peculiar case involved the Kombispel lottery, Sweden Social Democrats’ subscription-based lottery that generates proceeds for the political party. Earlier this month, the Swedish […]
Industry
September 20, 2024
Brazilian Banks Are Wary of the Rapid Rise of Betting
Brazil sports fans continue to bet hard as the country prepares to launch regulated betting in January. While this trend has attracted a lot of interest from international operators wishing to invest in Brazil, experts are concerned that it would divert funds from spending in other areas. People Are Spending More on Gambling Than Before […]
Industry
September 20, 2024
NCPG Report Suggests Regulatory Efforts Are Insufficient
The National Council on Problem Gambling (NCPG) has published the results of a study on gambling regulation in the United States. As it turns out, many states fail to align with the council’s Internet Responsible Gambling Standards (IRGS). The Report Highlighted Regulatory Gaps in Certain States The report was compiled by Vixio Regulatory Intelligence, a […]
Industry
September 20, 2024
SolutionsHub Helps Evolution Get Isle of Man Software Supplier License
Leading business-to-business solution provider for casino operators offering live casino, live game shows, and slots, Evolution, has expanded its services in the Isle of Man with the help of a new software supplier license issued by the authorities in the jurisdiction. The software supplier software license was obtained with support from eGaming consultancy SolutionsHub, a […]
Legal
September 20, 2024
Class Action Lawsuit Against Roblox Hits Important Milestone
In April, a class action lawsuit against Roblox, the virtual gaming platform, received a green light by a judge to proceed. The platform faced allegations related to child gambling but denied wrongdoing and urged for the lawsuit to be dismissed. Now, the lawsuit which was initially filed back in August last year has reached a […]
Legal
September 20, 2024
No Ruling from Appeals Court in US Election Betting Case
Kalshi, the regulated exchange and prediction market platform that offers trading on the outcome of real-world events, was cleared to start offering “contracts” on political events last week. This came after a ruling by Judge Jia Cobb. However, Kalshi’s win was short-lived as the Commodity Futures Trading Commission (CFTC) filed an appeal with the Court […]
Industry
September 19, 2024
More Operators Apply for Licenses After Brazil’s Recent Warning
Several gambling companies have applied for sports betting licenses in Brazil following the Ministry of Finance’s recent warning. While these companies will likely be unable to launch at the regulated market’s opening, they will not risk legal problems in the country. Six More Companies Have Submitted an Application Brazil’s Ministry of Finance just announced that […]
Industry
September 19, 2024
Videoslots Objects to Dutch Penalty Even as KSA Lowers the Fine
The Kansspelautoriteit (KSA), the Netherlands’ gambling authority, has agreed to reduce Videoslots’ record-breaking penalty but the operator remains reluctant to pay. According to a spokesperson from the company, Videoslots should not be punishable because it did not commit the alleged violation. KSA Handed a Record-Breaking Penalty to Videoslots For context, the KSA had slammed Videoslots […]