Legal
December 2, 2022
Kindred Risks $6.3M Fine in Poland
Kindred Group’s sports betting brand Unibet risks a fine of up to $6.3 million because of allegations that it targeted customers in Poland. Unibet does not have a license in Poland and was accused of breaching the rules by a local operator. Kindred Actively Targeted Polish Customers STS Gaming Group, which is the biggest gambling […]
Legal
December 2, 2022
Soccer Pro Griffiths Questioned by London Police
32-year-old professional striker Leigh Griffiths has been questioned by the authorities in relation to an open investigation regarding a series of alleged incidents tied to gambling in sports. Griffiths, who played for Celtic FC between 2014 and 2022 and represented Scotland’s national soccer team in over 20 official matches, was taken to the London Road […]
Legal
December 1, 2022
1xBet’s Bankruptcy in Curaçao Appears Inevitable
1xBet, one of the world’s largest online sports betting companies, continues to make headlines in the worst possible ways. The company is now facing an imminent threat of bankruptcy in Curaçao, after a prolonged legal battle with the Foundation for the Representation of Victims of Online Gaming (SBGOK). 1xCorp N.V., originally from Russia, operates 1xBet […]
Industry
November 29, 2022
LRSU Leader Re-Arrested as Strike at NagaWorld Continues
The labor union leader at the center of the ongoing strike at NagaWorld resort was re-arrested on Saturday, November 26, at Phnom Penh International Airport, raising further questions as to how the dispute between the casino and some of its workers is being approached by the courts. Violation of Travel Restrictions The head of the […]
Legal
November 28, 2022
Sweden’s Newest Gambling Law Refines Existing Regulations
Despite the ongoing political instability in the country, the Swedish parliament is preparing to implement a new set of gambling reforms. The new rules are more of an update to the current system rather than a complete overhaul and introduce new B2B supplier licenses and additional measures against unlicensed operators. Regulations regarding gambling advertisements and […]
Legal
November 23, 2022
Sweden Fines ATG over AML Failures
Responsible for guaranteeing the safety, legality, and trustworthiness of the gaming and gambling industry in Sweden, the Swedish Gaming Authority (Spelinspektionen) is constantly busy supervising operators and issuing penalties to correct bad behavior. Last fall, the regulator started supervising horseracing and betting operator ATG, with a focus on its anti-money laundering policies and the way […]
Casino
November 21, 2022
NMI Court Greenlit Sale of Imperial Palace Saipan Assets
After auctions in October, the US District Court for the Northern Mariana Islands (NMI) has greenlit the sale of Imperial Pacific International (IPI) casino assets. As agreed, Clear Management, which serves as the receiver, will auction equipment from Imperial Palace Saipan worth more than $410,000. Imperial Palace Saipan Assets Got Auctioned The Saipan operator did […]
Casino
November 18, 2022
Cambodia Invites FATF to Audit the Country, Remove It from Grey List
Cambodia is prepared to prove to the world that it is not the villain that some watchdogs believe it to be. Now, the country wants the Financial Action Task Force (FATF) to take another look at it and see that Cambodia does not deserve to be on the organization’s grey list of countries. FATF May […]
Industry
November 18, 2022
Swedish Gambling Authority Bans SG International N.V. From Operating in Sweden
Update: The Swedish Gambling Authority has lifted the ban on SG International N.V. after the company made changes to become compliant with the requirements of Swedish legislation. Spelinspektionen, the Swedish Gambling Authority, has issued an order banning Curacao-based SG International N.V. from doing business in Sweden as it does not hold the necessary license. The […]
Blockchain
November 11, 2022
Crypto Exchange FTX Filed under Chapter 11 of the Bankruptcy Code
Troubled cryptocurrency exchange operator FTX Group has filed for protection under Chapter 11 of the US Bankruptcy Code in the District of Delaware, revealed a statement posted on Twitter by the exchange. Filing for Bankruptcy Over 130 affiliated companies, including FTX Trading, West Realm Shires Services, and Alameda Research commenced the voluntary proceedings seeking protection […]
