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Gambling News - 'Regulation'
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 […]
Industry
September 19, 2024
Millions of UK Gamblers Continue to Engage with Black Market Operators
A groundbreaking study by Frontier Economics, commissioned by the Betting and Gaming Council (BGC), revealed that 1.5 million Brits are wagering up to an estimated £4.3 billion annually on illegal gambling platforms. This report is the first high-profile investigation into the black market since the UK government’s White Paper on gambling reform, revealing the increasing […]
Industry
September 19, 2024
Thai Boxer Sutthiwat Arrested for Promoting Gambling on FB
Thailand is one of the countries where the fight against unlicensed online gambling has been intertwined with talks regarding the potential legalization of casino gaming for years. In April, the country located in the heart of Southeast Asia introduced a fresh policy that would deem illegal gambling operations as serious economic crimes. Between October 2023 […]
Industry
September 19, 2024
NC Lottery Commission Proposes Sports and Pari-Mutuel Wagering Rules
On Wednesday, the independent, self-supporting, and revenue-raising agency of the State of North Carolina, the North Carolina State Lottery Commission, issued a notice of proposed rulemaking. The agency responsible for licensing and regulating sports betting and wagers on horse racing, under the Sports Wagering and Pari-Mutuel Wagering law, had its sports betting committee unanimously vote […]
Industry
September 18, 2024
Australia to Introduce New Guidelines for Games with Loot Boxes and Gambling
Australia has created new classification guidelines for video games that contain gambling-like content. This addition comes amid growing concerns about Australia’s gambling harm rates and worries about potential links between video games containing gambling-like mechanics and gambling addiction. The New Measure Aligns with Australia’s Efforts to Protect Younger Citizens from Harm The new measure would […]