Tag: Regulation

Football Index failure exposes regulatory shortfalls

Football Index
The collapse of sportsbook-cum-trading-platform, Football Index, has shone a light on the gap between financial and gambling regulation - and whether firms should enjoy the reputation of one and the inferior oversight of another.

Philippines throws bones to gambling operators with host of open policies

Philippines regulatory relief
With covid eroding casino sales and government revenues, Philippine lawmakers have greenlighted emergency liberalisation of the gambling market. Land-based casinos will now be able to target local players via mobile - while the often-criticised offshore operators are given novel betting categories to attract a more western clientele.

West Virginia to accelerate igaming legislation

West Virginia online gambling regulation
West Virginia has agreed to speed up the process of regulating online gambling so that operators could begin offering games by June or July this year.

Retail betting opens in Michigan, as sports events close

Michigan Lion retail betting sportsbook
Retail betting officially kicked off in Michigan, signalling the end of one of America’s most pained and protracted legislative efforts to launch since..

European Commission – single market post-Brexit

European Commission post Brexit
With the EU’s most reluctant member no longer a consideration in the new legislation, the European Commission is reviving past promises of a digital..

Spanish coalition commits to Tobacco-style gambling regulation

Spanish coalition gambling regulation
Spain’s coalition government has committed urgent new restrictions on the gambling industry - including measures to restrict advertising and prohibiting..

Only three charities qualify for RET contributions

RET Contributions
The UK Gambling Commission has published its list of just three approved charities to which licensed operators must direct their annual contributions for..

The German Lander reach a ‘cautious’ igaming consensus

online gambling legislation Germany
Germany’s draft online gambling legislation has been tepidly welcomed as long overdue. Yet experts warn that a careful sum of all its limitations suggests this new regime may more about effective restriction than open reform.

New rules could “kill” California card rooms, says gaming group

California new gaming rules
The California regulator is leaning on the state’s card rooms with new rules that require players to take turns in playing the banker. In a state mired by..

Time to rally the troops

David Clifton Politics UK Gambling Act
The UK government’s more radical tendencies can only be tempered by a united industry making a compelling case for self-regulation - writes David Clifton..

Tanzania expands licensing, relaxes ad ban

Tanzania government licensing
The Tanzanian government has updated its gaming regulations to permit a wider range of licence categories while significantly relaxing advertising..

Peruvian draft online gaming bill enters final phase

After a lengthy period of debate and education, Peruvian regulators are entering the final phases of a push to legalise online gambling. Their legislation..

Brazilian market will be open to ‘bad actors’, authorities confirm

Brazilian legislation sportsbetting authorities
The Brazilian government has moved to clarify several aspects of its sportsbetting legislation, reassuring international firms that operators currently..

France tightens enforcement powers with new gambling regulator

France gambling regulation Francaise des Jeux
Ahead of the privatisation of the state-owned Francaise des Jeux, the French government has initiated a switchup of its regulatory structure, with a new..

Redefining ‘money’s worth’ could capture more than loot boxes

gambling redefining loot boxes
In efforts to ensure loot boxes can be covered by UK regulations, a DCMS select committee is recommending a broadening of the term “money’s worth” within..

Latin American market likely to become “much more important” than US

Latin American Market
Regulated gambling markets in South America, Mexico and the Caribbean could outperform even the newly liberalised US market in the future, according to..

UKGC ‘persuaded’ of credit card betting harm, consults on action

UKGC credit card betting
The UK Gambling Commission says it is already persuaded of the “risks of harm associated with using credit cards for online gambling” and is launching..

Apply for a new sportsbetting licence or face fines, say German authorities

sportsbetting licence
With a new interim sportsbetting law set to come into force by next year, the state of Hesse is calling on all operators to submit their applications for..

What’s new. Buenos Aires? Province welcomes dawn of online regulation

online regulation Buenos Aires
As Latin America rapidly establishes itself as one of the most promising global markets, Buenos Aires’ recent decision to award seven new online licenses..

Philippines offshore firms under fresh scrutiny over Chinese labour

Philippines Chinese labour scrutiny
The issue of illegal Chinese immigrants working in droves across the Philippines online casino sector is once again attracting the attention of authorities.

Former Liverpool striker banned for betting rule breaches

daniel sturridge
The former Liverpool striker, Daniel Sturridge, has been handed a £75,000 fine and banned from football activities for two weeks for breaching betting rules. An independent regulatory commission handed Sturridge the ban after it concluded he had passed on inside betting information. The commission found Sturridge had instructed his brother to place a bet on a future transfer - information which...

Jamaica to host IAGR ‘regulating the game’ conference

IAGR Jamaica
The International Association of Gaming Regulators (IAGR) heads to Montego Bay, Jamaica from 30 September to 3 October for its annual conference.

UK betting companies paid £19.7m in fines last year

Gambling Commission National Strategy
UK betting operators paid a record £19.7m in penalty fees last year as regulators toughened stance against those failing to adequately deal with problem gamblers and money laundering. A UK Gambling Commission report announced the regulator brought fines against nine operators in the 12 month period. Overall gambling fines increased from £18.4m handed out in 2018 and £1.7m in 2017. Online...

New market but no marketing?

Sweden online regulation
With Sweden’s civilian minister Ardalan Shekarabi recently stating online regulation “should have happened already 20 years ago,” the government is...

Report: African states grappling with blockchain regulation

Africa, Blockchain,cryptocurrency
Technological change is sweep- ing across Africa at a rate of knots. And unlike more developed parts of the world, a relative lack of infrastructure, institutions and interests is enabling a “leapfrogging” in financial innovation - throwing…

Sweden’s re-regulated market: on the starting blocks

Ismail Vali, senior consultant at iGamingLeaders.com, talks through various changes stakeholders will face as re-regulation of the Swedish market kicks off on New Year’s day – and how the letter of these laws is still yet to be interpreted by the courts.

Alderney regulator calls for collaboration in Europe and overseas

UNITED KINGDOM, Alderney eGambling, Europe, regulation
Alderney eGambling boss Susan O’Leary has praised the co-operation between operators and regulators as the key to promoting a thriving and well-respected industry. The CEO of The Channel Islands regulatory body has spoken out in favour

UK government to assess links between video gaming and gambling

video gaming , UNITED KINGDOM, REGULATION, gambling
The UK parliament will investigate the links between video gaming and online gambling, as part of an assessment of VR, AR, esports and the growing trend toward gamification. The Digital, Culture, Media and Sport Committee will appraise the effect games such

Gaming Board of Tanzania sees benefits of gaming growth

AFRICA, TANZANIA
Tanazania’s most senior gaming official has praised the integrity of the country’s gambling industry, stating the Gaming Board of Tanzania is closely monitoring operators and players. Speaking at an event organised by Standard Chartered Bank Tanzania Ltd, GBT’s

IPL owner calls for sports betting legalisation as “good source of revenue”

INDIA, REGULATION, IPL , legislation
The co-owner of Indian Premier League cricket team Kings XI Punjab, Preity Zinta, has called for the Indian government to pursue the legalisation of sports betting. The comments followed a July recommendation by the Law Commission to regulate gambling, with bets linked directly

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