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Gambling News - 'Regulation'
Industry
May 29, 2023
Regulating the Game Conference Comes to London This Autumn
This September will mark the first time Regulating the Game (RTG), an Australian gambling regulation education conference will be held in London, the UK. As announced by IAG, the event will be taking place between September 25 and September 29, 2023. For five days, attendees within the gambling vertical will brainstorm ideas for the sector. […]
Industry
May 29, 2023
Gambling Reform in Australia May Be Impacted by UK’s White Paper
After much delay and anticipation, the White Paper of the Gambling Act review in the UK was published late last month. The White Paper proposes significant changes to the gambling market in the country, ensuring that its laws are fit for the digital age. Essentially, it calls to build upon the Gambling Act 2005 but […]
Casino
May 29, 2023
Commissioner Asks SkyCity Adelaide to Review AML/CTF Policies
In July 2022, the Honourable Brian Martin, an officer of the Order of Australia and King’s Counsel, was put in charge of reviewing SkyCity Adelaide’s suitability to preserve its monopoly casino license. Now, commissioner Soulio has sent a direction notice to SkyAdelaide using Section 10 part of the Gambling Administration Act 2019, asking them to […]
Legal
May 26, 2023
Peru Continues to Revise Gambling Law, Introduces Higher License Fees
Peru plans to charge more to issue gambling licenses to online casino operators. After approving amendments to its current rules, the country will charge iGaming companies three times the amount it initially planned. The new rules were approved by several notable bodies, namely the Commission of Economy, Central Bank, Ministry of Finance, Financial Intelligence Unit […]
Industry
May 26, 2023
Gaming Corps Secures B2B License in Sweden
Gaming Corps, a gaming software developer, has secured a license from the Swedish Gaming Authority. The permit has a validity of five years and will allow the company to manage gaming software in its native market. Gaming Corps, which is a company based in Sweden, has secured the new license in the wake of the […]
Legal
May 25, 2023
Pennsylvania Regulator Cracks Down on Two Offending Operators
In addition to the operators, the regulator banned five customers from all state casinos for leaving their children unattended while gambling. With the state’s gambling industry maintaining steady growth, such minor offenses are within expectations. The fines will ensure casinos continue operating within the law and provide their patrons with a secure and transparent gaming […]
Industry
May 25, 2023
Proposal in France Calls for Online Gambling Expansion
Online gambling activities, unlike retail gambling, can be accessed via smartphones or even desktop computers easily. Many iGaming operators offer games that are mobile-first, which reaffirms the potential of the sector which is valued at billions of dollars on a monthly basis. Yet, while many countries around Europe offer iGaming options, the market in France […]
Legal
May 24, 2023
Malta Introduces New Legislation to Safeguard Operators from Foreign Liability
An increase in the number of lawsuits levied abroad against Malta-based operators has prompted the government to consider introducing additional legal protections. The proposed amendment aims to shield businesses from potential liability arising from legal actions initiated in foreign jurisdictions. However, European lawyers heavily criticized the new measures, arguing Malta was trying to circumvent local […]
Legal
May 24, 2023
MGA Cancels Totup Systems’ License, Gives It 20 Days to File an Appeal
The Malta Gaming Authority has proceeded with the cancelation of Totup System Limited’s license. The company, which breached the local rules, had been provided with twenty days to defend its case and say why its license should not be canceled. However, it failed to do so in time, resulting in the termination of the license. […]
Industry
May 23, 2023
RWA Report Projects AU$3B Lost to Offshore Operators by 2027
An independent report in Australia claims that by 2027 illegal gambling could cost nearly AU$3 billion ($1.99 billion) in lost taxes and product fees, urging authorities to take appropriate action to prevent the losses. New Regulation Should Be Evidence-Based The Australia Offshore Wagering Market Analysis 2023 Report states that by 2027 racing and sports bodies […]