Author: Zoe Sharp

NCAA Adopts Changes to Rules Surrounding Sports Betting Penalties

The National Collegiate Athletic Association’s Division I Council Coordination Committee announced amendments to the rules that oversee sports betting penalties imposed on student-athletes. The update concerns individuals who have placed bets on teams that belong to their school, with the exception of wagers concerning student-athletes’ own teams. As per the new rules, a sports player […]

AGCO Fines PointsBet over Failure to Meet Responsible Gambling Requirements

This Thursday, the Alcohol and Gaming Commission of Ontario (AGCO), announced that it had issued a notice of a $150,000 penalty on registered online sports betting operator, PointsBet Canada Operations 1 Inc., for failure to meet responsible gambling standards. Ontario’s regulatory agency, reporting to the Ministry of the Attorney General, stated a number of alleged […]

SZTFH Chairman Submits Report on Measures Taken against Unlicensed Gambling

Biró Marcell, Chairman of the Supervisory Authority for Regulated Activities of Hungary (SZTFH), has submitted a report to the Chamber of Commerce and Industry, tackling the recent measures implemented against unlicensed gambling operators. The SZTFH is the Hungarian regulatory authority responsible for the monitoring of gambling, tobacco, cyber security, and mining sectors. The said industries […]

Richmond Residents to Vote on Casino Resort Proposal

The citizens of Richmond will once again vote on whether a $562 million casino resort, originally proposed two years prior, will be approved. The previous vote resulted in the referendum’s failure to pass. Richmond Mayor Levar Stoney’s new proposal follows a $10 million marketing campaign by media conglomerate Urban One and the operator of the […]

Sweden’s Gambling Regulator Says Credit Card Ban Should Not Be Introduced at Present

Camilla Rosenberg, Director General of Spelinspektionen, the Swedish Gambling Authority, has issued a statement regarding the Ministry of Finance’s recent report on “Enhanced consumer protection against risky lending and over-indebtedness”. The government consultation, published in July 2023, offered the implementation of a credit card ban on all gambling-related transactions in the Scandinavian country. The 650-page […]

Swedish Gambling Authority Fines Videoslots for not Adhering to AML Rules

Videoslots is facing a fine of SEK 9 million (approximately $810,700) after the Swedish Gambling Authority (Spelinspektionen) found the company to have been unsuccessful in taking adequate measures to prevent money laundering. Spelinspektionen began its investigation on November 2, 2021, and it involved Videoslots providing the regulator with a list of customers that were selected […]

KSA Chairman Calls for Rigorous Monitoring of the Dutch Gambling Market

René Jansen, the Chair of the Netherlands Gaming Authority (KSA), has recently insisted on implementing more stringent monitoring of the Dutch online gambling market. He outlined his view on the industry’s ongoing development and challenges in a blog post, entitled “Gambling addiction: prevention is better than cure” and published on the official webpage of the […]

EGBA Endorses Finland’s Intentions to Abandon State-Run Gambling Monopoly Model in Favor of Multi-Licensing System

The European Gaming and Betting Association (EGBA) has met with enthusiasm Finland’s intentions to abandon the state-run gambling monopoly model and launch a multi-licensing system. The shift towards multi-licensing gambling models across EU states is generally seen as a positive trend, as it is a fundamental element of any properly functioning and competitive market. Finland’s […]