Legal
May 25, 2022
Big Bola Bank Accounts Got Blocked Over Money Laundering Allegations
Big Bola, a Mexico-based casino company, might be guilty of money laundering, the authorities claim. The National Banking and Securities Commission recently blocked the operator’s bank accounts, preventing it from accessing its funds. Big Bola’s Bank Accounts Were Temporarily Suspended The Mexican authorities have had suspicions about Big Bola and its owners for over a […]
Legal
May 25, 2022
Macau’s Wong Sio Chak Trusts the Gambling Reforms
Wong Sio Chak, Macau’s secretary for security believes the ongoing gambling law reforms will not pressure employment in the sector. COVID-19 Brought Down both Crime and Profits The secretary addressed the market’s state in the “Assessment Report on the Impact of the Current Situation of the Gaming Industry in Macau on the Public Security Situation […]
Legal
May 25, 2022
VGCCC Announced EGM Rules at Crown Melbourne
The Victorian Gambling and Casino Control Commission (VGCCC) has prepared a new set of restrictive regulations at Crown Melbourne. This comes after Crown Resorts announced its interest in better understanding what the newly imposed electronic gaming machines (EMG) tax levy would mean for its operations. The tax would generate up to AU$30 million ($21.3 million) […]
Legal
May 25, 2022
KSA Reminded Affiliates They Should Follow Regulations
The Kansspelautoriteit (KSA, the Dutch gambling regulator) has issued warnings to 50 affiliate sites. The authority is not happy that some of the gambling advertisements send people to an operator’s website even when this may not be the customers’ intention. The KSA Believes Affiliates Are Negligent of the Rules The KSA contacted a number of […]
Legal
May 25, 2022
Coolbet Becomes Latest IBIA Member to Fight Corruption
Vincent Group brand Coolbet has become the latest gambling company to join the International Betting and Integrity Association or IBIA for short. The leading North American B2B and B2C igaming company will be an important ally as IBIA continues to oversee the global gambling industry in an attempt to rid it of corruption. Coolbet Fully […]
Legal
May 25, 2022
Last Chicago Conspiracy Convict Gets a Sentence
The prosecution of Chicago’s largest gambling ring to date is finally over as the judge gave probation to the last participant in the operation. Prassas Got Two Years of Probation and a Fine Vasilios Prassas, 39, was one of the most loyal members of the operation. He served as an agent and scouted new people […]
Legal
May 25, 2022
North Carolina Session Begins with High Hopes for Sports Gambling
North Carolina is looking to close the legislative session with a resounding success insofar as sports gambling goes. A proposed piece of legislation may actually make it on time for Gov. Roy Cooper to sign and offer the opportunity for the state to start working on a regulator framework for sports gambling operations before the […]
Legal
May 24, 2022
Bet365 Gets Scolded by Danish Regulator for AML Failures
Spillemyndigheden, the Danish Gambling Authority (DGA), has reprimanded Bet365 after the latter failed to carry out due diligence checks regarding a particularly suspicious customer. The regulator stated that the gambling company allowed a young player to deposit over $27,250 in just over a year without performing the required additional checks. According to Danish law, all […]
Legal
May 24, 2022
Greece Raises the Wager Cap for Online Gambling
The Greek government has voted to raise the €2 ($2.14) cap on online wagers. Furthermore, maximum slots Jackpot values have been increased. The Ministry of Finance Eased Its Regulations The Greek gambling market is experiencing some changes. Following the Year-1 review of the relaunched Greek gambling market, the Ministry of Finance decided to ease some […]
Legal
May 24, 2022
Two-Year Moratorium to Block Casino Licenses in Iowa
Iowa lawmakers have decided that they want to put the brakes on casino licenses as both the state House and Senate agree on putting a two-year moratorium on issuing new license approvals. One of the regions that are negatively impacted by this decision is Cedar Rapids, whose mayor said that the city was left in […]
