Read The Latest News from the Online Gambling World https://www.bonusinsider.com/category/news/ Tue, 14 Nov 2023 07:46:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://www.bonusinsider.com/wp-content/uploads/2019/10/cropped-favicon-bonusinsider-32x32.webp Read The Latest News from the Online Gambling World https://www.bonusinsider.com/category/news/ 32 32 NCAA Adopts Changes to Rules Surrounding Sports Betting Penalties https://www.bonusinsider.com/ncaa-adopts-changes-to-rules-surrounding-sports-betting-penalties/ Tue, 14 Nov 2023 07:46:12 +0000 https://www.bonusinsider.com/?p=13093 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 […]

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]]> AGCO Fines PointsBet over Failure to Meet Responsible Gambling Requirements https://www.bonusinsider.com/agco-fines-pointsbet-over-failure-to-meet-responsible-gambling-requirements/ Fri, 10 Nov 2023 10:17:06 +0000 https://www.bonusinsider.com/?p=13088 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 […]

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]]> SZTFH Chairman Submits Report on Measures Taken against Unlicensed Gambling https://www.bonusinsider.com/sztfh-chairman-submits-report-on-measures-taken-against-unlicensed-gambling/ Wed, 08 Nov 2023 12:15:39 +0000 https://www.bonusinsider.com/?p=13085 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 […]

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]]> Richmond Residents to Vote on Casino Resort Proposal https://www.bonusinsider.com/richmond-residents-to-vote-on-casino-resort-proposal/ Tue, 07 Nov 2023 13:07:45 +0000 https://www.bonusinsider.com/?p=13082 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 […]

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]]> Sweden’s Gambling Regulator Says Credit Card Ban Should Not Be Introduced at Present https://www.bonusinsider.com/swedens-gambling-regulator-says-credit-card-ban-should-not-be-introduced-at-present/ Mon, 06 Nov 2023 14:49:28 +0000 https://www.bonusinsider.com/?p=13079 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 […]

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]]> Swedish Gambling Authority Fines Videoslots for not Adhering to AML Rules https://www.bonusinsider.com/swedish-gambling-authority-fines-videoslots-for-not-adhering-to-aml-rules/ Fri, 03 Nov 2023 14:17:21 +0000 https://www.bonusinsider.com/?p=13076 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 […]

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]]> KSA Chairman Calls for Rigorous Monitoring of the Dutch Gambling Market https://www.bonusinsider.com/ksa-chairman-calls-for-rigorous-monitoring-of-the-dutch-gambling-market/ Thu, 02 Nov 2023 10:56:59 +0000 https://www.bonusinsider.com/?p=13073 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 […]

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]]> NLTF Executive Secretary Encourages Nigeria’s Federal Government to Introduce Online Betting Tax Regulations https://www.bonusinsider.com/nltf-executive-secretary-encourages-nigerias-federal-government-to-introduce-online-betting-tax-regulations/ Wed, 01 Nov 2023 10:57:46 +0000 https://www.bonusinsider.com/?p=13068 According to data from the National Lottery Trust Fund (NLTF), over 65 million Nigerians spend an average of $15 on sports betting on a daily basis. The data also revealed that 14 million online bets are placed every day. This information was disclosed on Tuesday by Executive Secretary of the NLTF Bello Maigari during the […]

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]]> EGBA Endorses Finland’s Intentions to Abandon State-Run Gambling Monopoly Model in Favor of Multi-Licensing System https://www.bonusinsider.com/egba-endorses-finlands-intentions-to-abandon-state-run-gambling-monopoly-model-in-favor-of-multi-licensing-system/ Tue, 31 Oct 2023 13:28:24 +0000 https://www.bonusinsider.com/?p=13065 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 […]

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]]> NGCB Considers Addressing Jackpot Policy that Allows Casino Trespassers to Collect Jackpot Winnings https://www.bonusinsider.com/ngcb-considers-addressing-jackpot-policy-that-allows-casino-trespassers-to-collect-jackpot-winnings/ Mon, 30 Oct 2023 15:40:03 +0000 https://www.bonusinsider.com/?p=13061 Nevada’s gambling authority is examining potential changes to a policy that has, thus far, demanded any licensed casino to pay jackpots to trespassers. As reported by the Las Vegas Review-Journal, the issue is being addressed in light of a recent ruling by the Nevada Gaming Control Board (NGCB) that required the Casablanca hotel-casino in Mesquite […]

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