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Gambling News - 'Regulation'
Industry
May 28, 2024
Ukraine Issues Ban on Gambling Advertising Amid Harm Concerns
Ukraine’s government has opted to ban all gambling advertising in the country. The changes are outlined in resolution No. 583 and come amid an intense crackdown on the gambling industry. The resolution was adopted by the Cabinet of Ministers and aligns with the ongoing efforts to mitigate the negative impact of online gambling on the […]
Industry
May 27, 2024
New Bill May Require iGaming, Betting Companies to Change Data Policies
Across the United States, licensed betting and online gambling operators must comply with the regulatory framework established in each different state. While some rules match, others differ which makes compliance challenging, especially considering that there are nearly 40 states that currently offer legal betting. Now, a newly released draft proposal calls for the establishment of […]
Industry
May 24, 2024
MGA’s GREF 2024 Conference Underscored the Importance of Unity in Regulation
The Malta Gaming Authority just hosted the Gaming Regulators European Forum’s (GREF) 2024 conference in Malta. The important event took place from May 20 to 22 and was attended by more than 90 representatives of regulatory bodies from over 25 countries. This year’s event welcomed regulators from other continents for the first time, expanding the […]
Industry
May 24, 2024
KSA to Take Stricter Action against Halls without Permits
The Dutch gambling regulator Kansspelautoriteit (KSA) announced that it will enforce stricter measures in order to combat illegal gambling machines. This announcement was prompted by the increasing number of reports about violations in the Netherlands. According to the KSA, the authority continues to receive reports about operator companies that do not comply with the Dutch […]
Sports
May 24, 2024
Massachusetts Senate Declines Sports Betting Tax Rate Increase
Available in nearly 40 US states, legal sports betting already reaches a large number of the country’s population. With regulation of the activity in the hands of lawmakers in different states, the tax rate is different from one jurisdiction to the other. Massachusetts was among the states that legalized betting in 2022 but it wasn’t […]
Industry
May 23, 2024
Dutch Study: Offshore Operators Allow Minors to Gamble
The Dutch arm of Quality Mark for Responsible Affiliates – Keurmerk Verantwoorde Affiliates (KVA) – has published a new study that shows how easy it is for minors to gamble with unlicensed companies. While legal operators can only offer gambling to players over 18, their illegal counterparts often allow customers to open accounts and deposit […]
Industry
May 23, 2024
July Election Announced by PM Sunak Delays Gambling Reform
On May 22, the UK’s Prime Minister, Rishi Sunak, made a surprise announcement regarding an unexpected election scheduled for July 4. The news came at a time when the UK was fully involved in the implementation of several gambling reforms featured in the April 2023 white paper, triggering several questions regarding the future of the […]
Industry
May 23, 2024
Poland: STS Pursues Appeal over Ministry of Finance AML Fine
In a deal dating back to last summer, the leading gaming and entertainment group, Entain, announced the acquisition of STS, a leading bookmaker in Poland. The acquisition, valued at £750 million ($955.6 million), took STS private, although the company was previously traded on the Warsaw Stock Exchange. In January 2022, STS received a fine by […]
Industry
May 23, 2024
PAGCOR Shuts Jade Sportsbet Down Over Unpaid Fees
Jade Entertainment and Gaming Technologies, a Philippines-based gaming and betting operator, has been forced to shut down the operations of its sports betting brand. This development was the result of Jade Sportsbet missing the deadline to pay its mandatory fees. Inside Asian Gaming (IAG) reported that the Philippine Amusement and Gaming Corporation (PAGCOR), a body […]
Industry
May 23, 2024
Star’s Suitability for Sydney Casino License in Doubt
One of the largest gambling and entertainment operators in Australia, Star Entertainment, remains subject to regulatory scrutiny, amid the ongoing second investigation in New South Wales (NSW) into its operations. The inquiry is led by Adam Bell SC and seeks to determine whether the operator is suitable to hold a license for its Sydney casino. […]