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Gambling News - 'Regulation'
Industry
April 26, 2024
PA Bill Would Ban the Use of Credit Cards in Online Gaming
Pennsylvania bill seeks to prevent gamblers from fueling their iGaming accounts via credit card. The measure, Senate Bill 1159, was filed this Monday and seeks to address some of the state’s gambling harm-related concerns. Filed by Senator Wayne Fontana, SB 1159 would ban the use of credit card funding for online gambling. The measure targets […]
Legal
April 25, 2024
Hundreds of Korean Teenagers Caught in Underage Gambling Ring
The South Korean National Police Agency revealed a startling statistic on Thursday, indicating that teenagers comprised one-third of the 2,925 online gambler suspects apprehended in a recent crackdown on an illicit gambling ring. The agency’s National Office of Investigation spearheaded a focused operation targeting adolescent involvement in online gambling from 25 September last year to […]
Industry
April 25, 2024
UK MPs Discuss KiX, Vow to Prevent Another Football Index Situation
The UK parliament has discussed KiX, a controversial new soccer trading platform. While bearing some similarities to the failed Football Index platform, KiX says that its predecessor was merely a “proof of concept.” For context, the Football Index was a platform similar to a stock market. Instead of stock, however, players dealt with wagers on […]
Industry
April 25, 2024
EU’s Anti-money Laundering Efforts Strengthened with New Rules
Newly approved anti-money laundering (AML) rules will safeguard the Old Continent from such criminal activities. On Wednesday, the European Parliament confirmed that it has approved a new package of AML rules applicable to the European Union. The new rules, as explained by the EP, seek to ensure “people with a legitimate interest, including journalists, media […]
Industry
April 25, 2024
Lawmakers in Alabama Continue Gambling Proposal Debate
A proposal calling for the expansion of gambling activities across Alabama has been gaining traction recently. House Bill 151 (HB 151) calls for the legalization of sports betting, expansion of gambling and the establishment of a lottery. While both Democrat and Republican lawmakers showed support for the proposal, there are still points on which they […]
Legal
April 25, 2024
Gambling Ad Rules in Ireland to Impact Some Charity Draws
Changes to the gambling sector in Ireland are expected with a review of the Gambling Regulation Bill 2022. Similar to the UK, lawmakers pushed for changes that would help curb the rate of problem gambling, protecting vulnerable individuals while also safeguarding children from the activity via restrictions related to gambling advertising. One of the tough […]
Legal
April 24, 2024
Ireland: Lawmakers Consider Exception for Ads by Gambling Charities
Similarly to the overhaul of the gambling sector in Great Britain, lawmakers in Ireland are considering significant changes to the gambling regulations. The review of the 2022 Gambling Regulation Bill is expected to protect consumers, while establishing strict rules related to gambling advertising and inducements that licensed casinos and sports betting operators may offer. Wednesday […]
Industry
April 24, 2024
Bulgaria Mulls over Gambling Ad Ban
Bulgarian MPs have proposed new changes to the country’s Gambling Act several weeks after shooting down a proposal that sought to reduce problem gambling via changes to the gambling advertising regulations. The latest proposal, sponsored by GERB-UDF and the Movement for Rights and Freedom (MRF/DPS), seeks to introduce a blanket ban on gambling ads. The […]
Industry
April 24, 2024
Former Star CEO Cooke Addresses Sydney Casino License Inquiry
The second inquiry into license suitability for The Star Sydney, one of the properties of the leading Australian casino entertainment company, Star Entertainment Group, is currently ongoing. The inquiry into The Star Sydney followed a massive probe into the company’s operations that uncovered a range of deficiencies. As the discussions about The Star Sydney’s license […]
Industry
April 23, 2024
House of Lords to Hold a Debate on the Impact of Gambling Marketing
Amid the ongoing overhaul of the gambling sector in the UK, the House of Lords confirmed its intentions to hold a debate and discuss the impact of gambling marketing. The discussion comes at a time when concerns about excessive gambling and gambling harm continue to mount, while the advertising of gambling services seems to exacerbate […]