Saturday, February 4, 2023

Tag: European Union

CJEU rules in favour of Italian restraints

ITALY, Court of Justice of the European Union, european union, lottery
The Court of Justice of the European Union has ruled in favour of the rigidly-controlled Italian framework for lotteries, whilst considering the case of Malta-based StanleyBet. The judgement on case C-375/17, which was submitted for consideration...

Industry dodges EU’s 4th AML directive, for now

Betting Business - EU directive AML
The European Union’s fourth anti-money laundering directive will not apply to the majority of the UK gambling industry for the time being.   Most of the UK gambling industry will be relieved to find themselves exempt from the EU’s fourth anti-money laundering directive, although the Commission maintains their “low risk” status is “not static.” The AMLD’s predecessor, the third directive, only applied...

UKGC: Out of the EU but not out of Europe

Betting Business - Gambling Commission Sarah Harrison EU
CEO of the Gambling Commission, Sarah Harrison, hints at the future of UK regulation outside of the EU, and urges the industry to keep improving trust in its consumers.   Changes are afoot in UK gaming. With Brexit now looming, questions arise as to how separation from the supra-state will affect cross-border cooperation with other regulators, particularly in areas of money...