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Gambling News - 'Regulation'
Industry
August 6, 2024
Australia: Labor under Scrutiny over Partial Gambling Ads Ban
Just like in the UK, Australia is also going through an overhaul of its gambling sector. An inquiry into the gambling industry which was completed last summer proposed a range of changes as a way to decrease problem gambling, protect vulnerable individuals and limit crimes related to the gambling industry such as money laundering. The […]
Industry
August 6, 2024
Sen. Merkley Leads Group Calling for US Elections Gambling Ban
On May 10, the Commodity Futures Trading Commission (CFTC), which is charged with the regulation of the vast and complex derivatives markets, issued a Notice of Proposed Rulemaking in connection with event contracts. The rulemaking featured a prohibition on event contracts regarding the outcome of elections in the US. On Monday, Senator Jeff Merkley (D-OR) […]
Industry
August 5, 2024
New Jersey Lambasts Bet365 for Altering Odds, Orders It to Pay Out $519K to Players
The New Jersey Division of Gaming Enforcement (DGE) has ordered gaming and betting operator bet365 to pay out over $500K to dozens of bettors after revising its odds. The authority was unhappy with the fact that the operator made those changes without securing regulatory approval even if the original odds were errant. Bet365 Altered Wagering […]
Industry
August 5, 2024
Thailand Takes the First Steps toward Casino Resort Regulation
The highly anticipated move toward legalizing resort casinos in Thailand is taking form. The country has just unveiled a draft casino bill defining the regulatory framework for integrated entertainment venues with casinos. The draft bill, published on Friday, outlined how Thailand’s future casino regulatory body would look and what it would be responsible for. It […]
Industry
August 5, 2024
Macau Lawmaker Asks Gaming Ops for More Workforce Consideration
In a recent report, Macau lawmaker Leong Sun Iok and the country’s Federation of Trade Unions showed concern in connection to the mental and physical well-being and health of employees in the gaming industries. As per Macau news outlets, following these concerns, Leong is now asking the government to “promote the social responsibility of gaming […]
Industry
August 5, 2024
Brazil Enhances Gambling Advertisement Regulations
The Brazilian government has published new rules and provisions governing how fixed-odds betting businesses advertise their products, specifically concerning the use of social media influencers. The new requirements were introduced via Ordinance SPA/MF No. 1,231/2024 and represent another vital milestone in Brazil’s efforts to modernize its gambling market. Regulations Reflect Evolving Market Realities The new […]
Industry
August 5, 2024
Indonesia Bans Privacy-Focused Browser amid Gambling Concerns
Indonesia has reportedly banned the privacy-focused search engine DuckDuckGo over concerns that it could be used to access pornography and betting websites, both of which are illegal in the country. The move, announced by the communications ministry on Friday, is the latest step in the Southeast Asian nation’s push to police internet content and protect […]
Industry
August 5, 2024
Australia Considers Gambling Ads Cap Instead of Blanket Ban
Australia continues to mull over a ban on gambling ads. As the discussions continue, Anthony Albanese’s administration has reportedly proposed a cap on TV ads instead of an outright ban. Under a new measure proposed by communications minister Michelle Rowland, ads would be capped to no more than two adverts an hour on each TV […]
Sports
August 2, 2024
Popular Hockey Broadcaster Pulled Off Air for Alleged Betting Violations
Jeff Marek has become one of hockey’s most loved and universally respected voices, gaining a substantial following thanks to his enthusiasm, good humor, and impressive insights. From what had started as an entry-level radio station gig, he went on to carve his career path. He became one of Sportsnet’s signature talents, hosting “The Jeff Marek […]
Legal
August 2, 2024
Senators Want to Eradicate the Federal Excise Tax via Bipartisan Bill
Senator Cindy Hyde-Smith (D-Nev.) and Senator Catherine Cortez Masto (R-Miss.) want their bipartisan bill called the Withdrawing Arduous Gaming Excise Rates (WAGER) Act to eliminate the federal excise tax that is currently applied to gambling operators’ handle. The tax relief would provide enhanced protection to legal sportsbook operators and gaming businesses, help Nevada and Tribal […]