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Gambling News - 'Regulation'
Sports
December 3, 2024
DRA Suspends Two Darts Pros for Match-Fixing
The Disciplinary Committee of the Darts Regulation Authority (DRA) has suspended two players for match-fixing violations. Both of the athletes will also have to pay fines. The IBIA Reported Suspicious Betting Patterns The darts players in question are Leighton Bennett and Billy Warriner who have committed serious breaches of the DRA Rules, according to the […]
Blockchain
December 3, 2024
Norway to Investigate Crypto Firms and Gambling Operators for Ethical Breaches
Norway’s sovereign wealth fund, the largest in the world with assets totaling $1.8 trillion, will closely examine crypto companies and gambling operators for possible ethical infractions. According to a recent Reuters report, the investigation, led by the fund’s Council on Ethics, will focus on ensuring compliance with ethical standards. These efforts could result in penalties […]
Industry
December 3, 2024
Wyoming to Potentially Legalize Online Gambling in 2025
Wyoming is set to revisit the possibility of legalizing online casino gaming in 2025 after a favorable study from Spectrum Gaming Group. Representative Robert Davis, who spearheaded the initiative, intends to refile legislation based on the study results. A recent PlayUSA report revealed that the study showed iGaming has significant potential to raise millions of […]
Industry
December 3, 2024
Bill in Argentina Proposes Gambling Ads Ban, Prohibition of Bonuses
Argentina is currently among the countries that enable the regulation of gambling on a local level. This otherwise means that different provinces govern gambling on their own, similar to other regulatory models such as the one in the United States, for example. However, new legislation seeks to impose a country-wide regulatory framework, proposing tough restrictions […]
Industry
December 3, 2024
North London Wants Gambling Reforms Amid “Las Vegas of UK” Labeling
Senior figures from a North London council are set to ask the government to implement “urgent reforms” to address gambling-related harms in the House of Commons next week. Growing Concerns The intervention comes amid growing concerns over the impact of gambling on communities and a push for stronger local authority powers to combat its negative […]
Industry
December 3, 2024
NSW Gambling Overhaul Faces Backlash over Questionable Research
A nationwide overhaul of the gambling sector in Australia is yet to pick up speed, despite calls by responsible gambling advocates and charities, highlighting the harm the activity brings. Losses in hundreds of millions of dollars continue to affect customers across the country, while lawmakers are cautiously exploring options for a potential gambling reform. New […]
Industry
December 3, 2024
Atlantic City Casino Smoking Debate Sparks Call for Union Leader’s Exit
The fight about smoking in Atlantic City casinos has grown more intense. Some people who stand up for workers say Local 54 of the Unite Here union takes the side of tobacco companies instead of looking out for employees. UAW Official Urges Local 54 Leader to Step Down This smoking debate reached a peak on […]
Casino
December 3, 2024
Resorts World Must Respond to AML Allegations by December 9
Resorts World Las Vegas has a week to respond to a multi-count disciplinary complaint claiming that the property facilitated money laundering. The casino property’s response originally had to be submitted earlier but the local regulators approved a request for an extension of the response period. The Response Period Had Been Extended According to the Nevada […]
Industry
December 3, 2024
Millions of Americans Use Sweepstakes Resembling iGaming
There are only seven states that offer legal online casino gambling in the United States. Although the expansion of the activity is expected to resume in 2025, as predicted by DraftKings CEO Jason Robins recently, so far, iGaming is limited to a handful of markets, especially when compared to sports betting. While online casino gambling […]
Industry
December 2, 2024
UKGC Updates Operator AML Requirements
The UK Gambling Commission (UKGC) has implemented new anti-money laundering (AML) and counter-terrorist financing (CTF) requirements for gambling operators. These new requirements, effective 29 November 2024, will enhance industry supervision by clarifying the roles of key personnel and ensuring greater accountability. This change will also complement other regulatory updates to strengthen consumer protections. Key Personnel […]