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Gambling News - 'Regulation'
Legal
August 23, 2024
Austrian Court Orders Bet-at-Home to Refund Player €2.8M
The Supreme Court in Austria ruled in favor of a plaintiff, who filed a lawsuit against bet-at-home subsidiaries over multi-million-dollar losses. The claimant argued that they lost millions while gambling with the operator between August 2018 and July 2020. The complaint named bet-at-home.com Internet and bet-at-home.com Entertainment as defendants. The two aforementioned companies are among […]
Industry
August 23, 2024
Illegal Bets On Little League World Series Sent to Police by PGCB
Pennsylvania is among the states that currently allow wagers on both professional and collegiate sports events. While such wagers are permitted, the gambling regulations in the state prohibit betting activity involving high-school athletes and amateur athletic events, with the exception of tournaments that have secured specific approval from the gambling regulator, the Pennsylvania Gaming Control […]
Industry
August 23, 2024
Australian Medical Association Highlights the Importance of Banning Online Gambling Ads
The Australian Medical Association (AMA) has highlighted its support for a blanket ban on online gambling ads. Echoing its previous stance, the association asked the government to implement a complete ban within three years. In an official post on its site, the AMA said that a prohibition of adverts promoting online gambling products would be […]
Legal
August 22, 2024
Pennsylvania Fines Evolution, Bans Three Adults from Casinos
The Pennsylvania Gaming Control Board (PGCB) has fined a gambling company for allowing an unauthorized person to enter its live dealer casino in Philadelphia. In addition to that, the authority banned three adults from casinos in the state for leaving minors unattended while gambling. The Board Issued a $7,500 Fine Against Evolution The PGCB approved […]
Industry
August 21, 2024
Bulgaria Allows Social Media Influencers to Promote Gambling
In a surprising turn of events, Bulgaria’s National Revenue Agency (NRA) has clarified its stance on gambling advertising, permitting gambling activities advertising through social media influencers despite placing an almost blanket ban on media marketing only three months earlier. The agency’s interpretation of the law has sparked controversy and casts doubt on how effective Bulgaria […]
Industry
August 21, 2024
BOS Asks Sweden to Allow Private Casinos as Casino Cosmopol Closure Looms
The Swedish Trade Association for Online Gambling (BOS), a body representing 18 Swedish gambling companies, has weighed in on the proposed closure of the state-owned Casino Cosmopol in Stockholm. BOS Wants the Government to Greenlight Private Casinos The BOS supported the closure, agreeing with the government’s argument that governments should not operate casinos. However, since […]
Industry
August 21, 2024
Brazil Records 113 License Submissions as Application Window Closes
As Brazil continues its inexorable journey toward regulated online sports betting, dozens of new companies have applied for a license. On the final day for submissions alone, Brazil recorded more than 50 new applications. Fewer Companies Applied for a License Than Expected The last day for the license application was August 20. So far, 113 […]
Industry
August 20, 2024
Brazil Wants Harsher Punishments for Match Manipulators
Brazil’s Supporter Statue (Law 10,671/03) currently punishes those found guilty of match-fixing with prison between two and six years and a fine. The Chamber of Deputies‘s Constitution and Justice Committee (CCJ) has now recently passed bill 515/2023 aimed to alter the Supporter Statute by boosting penalties for sports professionals involved in match-fixing. The project proposed […]
Industry
August 20, 2024
Gambling Harm May Increase under New Law, Warns Finnish Health Institute
Similar to other countries in Europe, Finland is planning changes to its regulated gambling sector. A proposal in the country seeks to set up a gambling licensing system that will pave the way for the expansion of the gambling options available to Finnish customers and the transition from a monopoly model to a competitive market. […]
Industry
August 20, 2024
Genting Commits to High Integrity Standards After AML Claims
Resorts World Las Vegas (RWLV) owner, Genting Berhad, has issued a statement responding to the latest anti-money laundering (AML) violation claims brought forward by the Nevada Gaming Control Board (NGCB) on August 15. List of Violations NGCB’s list of violations questioned the way the company tackles the industry’s compliance requirements. Allegations against RWLV included “failure […]