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Industry
July 1, 2024
CFTC Extends Public Comment Period for Proposed Election Bets Ban
The US government agency that focuses on prosecuting and investigating commodities fraud, hedge fund fraud, energy manipulation and other crimes, the Commodity Futures Trading Commission (CFTC), announced it extended its public comment period for proposed changes to its rules related to event contracts. In May, the agency confirmed its intention to ban derivative betting on […]
Industry
June 28, 2024
KSA Raises Fines for Illegal Gambling Terminals
The Dutch Gambling Authority (Kansspelautoriteit/KSA) unveiled a tightening of its fine policies for gambling terminals. According to the regulator, the old policies were outdated, prompting the need for change. According to the KSA, the new rules outline a significant increase in the fine size. Whereas fines for the illegal provision of gambling terminals ranged from […]
Industry
June 28, 2024
Spillemyndigheden to Start Accepting B2B License Applications from September 1
The Danish Gambling Authority (Spillemyndigheden) announced that gambling industry suppliers will be able to apply for a B2B license from September 1, 2024. This announcement comes as Denmark prepares to introduce a mandatory licensing system. For context, starting on January 1, 2025, suppliers of betting and casino games will only be able to offer their […]
Industry
June 28, 2024
Florida: Illegal Gambling Businesses Raided in Englewood
Close to 200 electronic gambling machines from two illegal gambling businesses in Englewood, Florida, were seized by law enforcement recently. The operation against illegal gambling resulted in the arrest of one person who is facing multiple charges for his suspected involvement. The Charlotte County Sheriff’s Office has been observing an increase in illegal gambling activities […]
Industry
June 28, 2024
Election Gambling Scandal: Labour Shares Tory’s Alleged Gambling Problem
Earlier in the week, the United Kingdom’s Gambling Commission (UKGC) announced it was investigating Labour Party’s Kevin Craig for allegedly placing a bet against himself. This brought his suspension from the party and prompted them to return the £100,000 ($126,000) that Craig had donated. The news broke amid what appears to be a never-ending gambling […]
Industry
June 28, 2024
Michigan Gambling Regulator Secures Additional Funding for More Staff
Lawmakers in Michigan dedicated additional funds to the state’s gambling regulator, the Michigan Gaming Control Board (MGCB). On Thursday, Michigan Gov. Gretchen Whitmer and state legislators approved the addition of $1.9 million in funding for the MGCB as a part of the state’s Fiscal Year 2025 budget. The vital funding will support the creation of […]
Industry
June 27, 2024
Reiner Moser to Chair Germany’s Gambling Regulator GGL
Baden-Württemberg official Reiner Moser will take over as chair of the board of directors at Germany’s gambling regulator, the Gemeinsame Glücksspielbehörde der Länder (GGL), starting 1 July 2024. Moser, currently the head of a department in the Ministry of the Interior for digitization and local government, will replace the outgoing chair, state secretary Udo Götze. […]
Industry
June 27, 2024
Spelinspektionen Issues Fine and Warning against Folkspel
Sweden’s gambling regulator, Spelinspektionen, constantly monitors the activity of licensed operators in the country, ensuring their compliance with the established regulatory framework. The gambling watchdog leverages a proactive approach and not only monitors the legal sector but also combats illegal gambling activities. Breaches of the established gambling regulations can be subject to a wide range […]
Industry
June 27, 2024
GambleAware Asks the Next Government to Take a Firmer Stance on Gambling Ads
GambleAware continues its push for a ban on betting ads at sporting events, arguing that such a measure has the public’s backing. The charity quoted recent research that underscored public support for stricter controls on gambling advertising. As the betting industry continues to grow, GambleAware believes that a more impactful approach is needed. Despite praising […]
Casino
June 27, 2024
Iowa: Linn County Casino Developers Consider Reapplying for License
The future developers of a proposed casino project in Linn County, Iowa, anticipate applying for a license with the state gambling regulator once again. The latest push marks a years-long effort toward expanding land-based gambling. Over the last decade, the Iowa gambling watchdog, the Iowa Racing and Gaming Commission (IRGC), declined two proposals calling for […]
