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Industry
August 3, 2023
Lithuania Imposes Increased Gambling Licensing Fees
Effective as of 27 July 2023, Lithuania’s new resolution takes significant steps to regulate and streamline the gambling industry in the country by adjusting specific state fees and payments applied to gambling-related business and economic activities. These new changes aid the government’s goal to create a sustainable framework that provides a level playing field for […]
Industry
August 3, 2023
Malta Regulator Revokes Egmit Elite Operating License Due to Unethical Practices
The Malta Gaming Authority (MGA), the regulatory body overseeing the region’s gambling industry, has taken decisive action against Egmit Elite Limited, the company behind the online platform Elite24bet Casino. Such action follows other recent punishments as the authority seeks to improve its image before the upcoming European Commission investigation. The Operator Was Unable to Meet […]
Industry
August 2, 2023
Odds On Compliance Teams Up with SharpRank to Revolutionize Betting
Odds On Compliance (OOC), a leading gambling tech and regulatory consultancy firm, has formed a partnership with SharpRank, a best-in-class evaluator of sports betting content and advertising. Under the newly-minted agreement, the two firms will work together to provide their operator clients with streamlined and efficient access to compliance, audit, monitoring and more. OOC’s new […]
Business
August 1, 2023
Greek Gambling Regulator Awards Soft2Bet a B2B A1 License
The fast-growing provider for the online gambling industry, Soft2Bet, confirmed it continues its European expansion by securing a new license. On Tuesday, the company revealed that it has been granted a business-to-business (B2B) A1 license in Greece. The latest license complements Soft2Bet’s Greek expansion and comes after recently, the company secured two seven-year licenses from […]
Sports
July 31, 2023
ITIA Bans Bolivian Umpire Flores over TACP Violations
The International Tennis Integrity Agency (ITIA) announced the suspension of Percy Flores, a tennis white badge umpire from Bolivia. Flores will be excluded from the sport for 12 years over violations of the Tennis Anti-Corruption Program (TACP). The tennis authority learned that Flores had breached the TACP a whopping 31 times between November 2021 and […]
Legal
July 31, 2023
Pennsylvania Regulator Hits Casinos with $67,500 in Fines
A recent public meeting saw the Pennsylvania Gaming Control Board (PGCB) take decisive action against several casinos for various regulatory breaches, resulting in substantial fines. The Board’s Office of Enforcement Counsel (OEC) took decisive action to ensure strict adherence to gaming regulations, maintain a safe and fair betting environment, and protect vulnerable individuals from harm. […]
Casino
July 28, 2023
PGCB Takes Action Against Adults Leaving Children Unattended at Casinos
During a public meeting in July, The Pennsylvania Gaming Control Board (PGCB) has taken stern measures against individuals who left children unattended while they engaged in gambling activities at casinos. In a recent announcement, the board revealed that seven people have been banned from all Pennsylvania casinos due to their alleged negligence, leaving a total […]
Industry
July 28, 2023
UK Gambling Commission Commits £32.8M to Support GambleAware
In a move to ensure a smooth transition from voluntary funding to a statutory levy, the UK Gambling Commission has pledged a staggering £32.8 million ($41.9 million) to harm prevention charity GambleAware. GambleAware Backs Proposed Statutory Levy for Funding Stability The concept of a statutory levy was introduced as a key proposal in the Gambling […]
Industry
July 27, 2023
IBJR Speaks Out against Brazil’s New Sports Betting Tax Proposal
Brazil’s provisional measure No-1182 lays the groundwork for a nationally regulated betting market. However, the planned tax increase of 18% for licensed operators caused significant concern. The IBJR argues that such harsh measures would place unsustainable burdens on law-abiding operators, driving consumers to unregulated and dangerous alternatives. Unsustainable Taxes Can Hurt the Regulated Market The […]
Industry
July 27, 2023
UKGC Launches Consultations on Gambling Act Review Proposals
The gambling regulator in the UK, the Gambling Commission, announced the launch of consultations regarding the proposed changes following the review of the Gambling Act in the country. The consultations launched Wednesday and will run for 12 weeks. During that time, the Commission asks gambling operators, health experts, consumers and other groups involved in the […]
