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Gambling News - 'Regulation'
Industry
August 25, 2023
Chinese Content Platforms Reportedly Exclude Live Streaming Features
The government in China has been cracking down on gambling for several years now. In light of the country’s strict laws on gambling activities, law enforcement and other agencies constantly monitor different activities and investigate cases of illegal gambling or other gambling-related crimes. Amid the crackdown on gambling, online content platforms have reportedly taken action […]
Legal
August 25, 2023
VGCCC Hands a $350,000 Fine to ALH over YourPlay Violations
The Victorian Gambling and Casino Control Commission (VGCCC) announced that it issued an AUD 550,000 ($353,540 in USD) fine to the Australian Leisure and Hospitality Group (ALH). According to the regulator, the gambling company had operated 220 gaming machines without mandatory pre-commitment technology (YourPlay) installed, violating Victoria’s gambling laws. In addition to paying the fine, […]
Legal
August 24, 2023
Germany’s GGL Criticizes Recently Signed Gambling Law in Malta
Gemeinsamen Glücksspielbehörde der Länder (GGL), the gambling regulator in Germany, released a new statement Wednesday, outlining its concerns regarding Malta’s Bill No. 55. Earlier this summer, George Vella, the president of Malta, signed the aforementioned bill which captured the attention of GGL, along with other regulators. The regulations under Bill. No. 55 restricts imposing judgments […]
Industry
August 24, 2023
AGA Sees Negative Attitude Towards “Skill Game” Machines
According to the majority of US residents, such devices are, in fact, “games of chance” and as such, they ought to be regulated. Two-thirds of Americans, or 65%, agree that these machines have no skill element and they are essentially the same as slot machines. Americans Don’t Think Skill Machines Take Skill Slot machines are […]
Industry
August 23, 2023
ACMA Asks ISPs to Ban More Illegal Offshore Gambling Websites
Several years ago, Australia implemented tough rules against illegal offshore gambling websites. Since then, the country’s regulatory body responsible for the regulation of telecommunications, broadcasting and radiocommunications, the Australian Communications and Media Authority (ACMA), has been constantly monitoring the online gambling sector and enforcing bans against operators that were found to offer their services illegally. […]
Legal
August 23, 2023
Bulgaria’s NRA Cracks Down on Gambling-Related Money Laundering
In a bid to curb the alarming rise in money laundering cases within the gambling industry, Bulgaria’s National Revenue Agency (NRA) has unveiled its latest initiative – the Department for Prevention and Countermeasures against Money Laundering. This strategic move comes after a comprehensive evaluation of the nation’s vulnerabilities to money laundering and terrorist financing was […]
Industry
August 22, 2023
Spelinspektionen Comes under Review as Sweden Evaluates Its Work
The Swedish National Audit Office has announced its intention to conduct a comprehensive review of the effectiveness of Spelinspektionen’s supervision of the country’s gambling market. This investigation will comprehensively evaluate the regulator’s actions, strategies, and overall effectiveness in achieving the objectives set by the Swedish national gambling policy, helping address any potential deficiencies. Regular Updates […]
Industry
August 17, 2023
Liquor & Gaming NSW Cracks Down on Illegal Gambling Advertising
Liquor & Gaming NSW (L&GNSW) maintains its steadfast commitment to curbing illegal gambling advertising, dishing out fines exceeding $1.1 million to online bookmakers since 2016. The regulator’s actions highlight its ceaseless vigilance and commitment to protecting player interests. L&GNSW’s constant updates allow it to stay ahead of industry innovations and curb problem practices. Violators Face […]
Industry
August 16, 2023
ASA Chastises bet365 for Irresponsible Advertising
bet365’s irresponsible advertisement featured on the Sky Sports Premier League X (formerly Twitter) account, drawing attention to its content and messaging. Despite the operator’s arguments that the ad did not violate any rules, the ASA banned it in its current form but did not enforce any additional penalties. The authority’s decision further reinforces its commitment […]
Legal
August 15, 2023
888 Subsidiary Reaches Settlement Following KYC and EDD Failings
This settlement is the outcome of an internal review conducted by 888 subsidiary Virtual Global Digital Services earlier this year, which unveiled several deficiencies in their Know Your Customer (KYC) and Enhanced Due Diligence (EDD) practices. These shortcomings prompted the company to take corrective measures and cooperate with the regulatory authorities to address the issues. […]