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Gambling News - 'Regulation'
Industry
June 6, 2024
Dutch Lawmakers Discuss Curaçao-Malta Tax Treaty’s Impact on Gambling
A proposed tax treaty between Curaçao and Malta is once again in the sights of Dutch lawmakers. Per the treaty, the two jurisdictions are expected to benefit from trade opportunities. At the same time, iGaming operators are expected to profit from the agreement that also seeks to fight financial crimes and prevent potential double taxation. […]
Industry
June 4, 2024
Spain’s GGR Soars in Q1 as Interest in Gaming Grows
Spain’s gambling market continues to grow, as demonstrated by the local regulators’ latest GGR figures. In its report for the first quarter of 2024, the Directorate General for the Regulation of Gambling (DGOJ) highlighted gross gaming revenue of approximately EUR 350.7 million ($381.5 million). The reported figure notably represents an 11.2% increase compared to Q4 […]
Industry
June 4, 2024
Sweden’s Regulator Launches Campaign Aimed at Young Adults
On 3 June, the Swedish Gambling Authority (Spelinspektionen) unveiled its latest initiative, “With Your Future at Stake,” a campaign designed to address the growing issue of gambling harm among young adults aged 18-25. The campaign aims to raise awareness about the consequences of unhealthy and risky gambling behaviors, channel users toward regulated offerings, and inform […]
Industry
June 3, 2024
Spillemyndigheden Revises AML and CFT Guidance
The Danish Gambling Authority (Spillemyndigheden) announced that it has published a revised version of its Guidance on the Prevention of Money Laundering and Financing of Terrorism. The updated guidance, the regulator said, is meant to supplement the Danish Financial Supervisory Authority’s (Finanstilsynet’s) Guidance on the Act on Preventive Measures against Money Laundering and Financing of […]
Industry
June 3, 2024
Netherlands to Introduce Affordability Checks, Enhanced Duty of Care
The gambling regulator in the Netherlands, Kansspelautoriteit (KSA), published important changes to the country’s Responsible Gaming Policy Rules. The changes are expected to come into force a few months from now and seek to strengthen the rules related to player protection and responsible gambling. In particular, the KSA said that under the new rules, that […]
Sports
June 3, 2024
UK Suspends Cricket Athlete & Soccer Official over Illegal Bets
The England Cricket Board’s (ECB) has issued a ban to Brydon Carse, a leading player who violated the board’s gambling rules. The player will now have to serve a 16-month ban. Carse was found guilty of violating the ECB’s rules on gambling. The board learned that the player had placed wagers on a whopping 303 […]
Industry
May 31, 2024
Swedish Court Lowers Sanction Levied against Mr Green
Sweden’s gambling regulator, the Spelinspektionen, announced that the Court of Appeal has lowered the sanction levied against Mr Green. The gambling operator was fined over anti-money laundering and social responsibility failings. The Spelinspektionen originally issued a penalty fee of SEK 1.5 million ($140,000) to Mr Green. The fine was handed to the gambling operator in […]
Industry
May 30, 2024
NY, NJ, MN Lose $9.5bn to a Flourishing Illegal Online Gambling Market
Despite robust regulations, illegal gambling remains a challenge across the United States. Although close to four dozen states offer legal betting, there are plenty of black market and unlicensed operators that continue to lure bettors and even online gamblers with promotions, odds and lucrative bonuses. A newly released report highlighted the gravity of the situation, […]
Industry
May 30, 2024
UK Gambling Reforms Face Uncertainty as Stuart Andrew Resigns
Rishi Sunak recently unveiled a snap election, much to the UK political sector’s surprise. As a possible leadership change looms, the gambling industry remains wary of the effect this change would have on the ongoing reforms. As if to add to the uncertainty, the UK gambling minister Stuart Andrew just announced his resignation. As of […]
Sports
May 30, 2024
Two More Players Involved in Alleged A-League Bet Fixing Scandal
According to the Associated Press, court documents shown in Campbell Town Court on May 30 have deemed Matthew Millar and Jed Drew as part of the investigation into a criminal group tied to bet fixing, an issue affecting many sports. The two A-League players were allegedly participants in the scheme that involved three of their […]