Tag Archives Gambling

Former NayonLanding site to be free from gambling

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In the Philippines and President Rodrigo Duterte (pictured) has reportedly decreed that no gambling is to be allowed within the Entertainment City parcel of land that had earlier been earmarked as the site for the proposed NayonLanding casino resort. According to a report from GGRAsia citing an earlier story from the nation’s BusinessMirror newspaper, ...

Betfred.com operator hit with Gambling Commission fine

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The United Kingdom Gambling Commission (UKGC) has ordered the operator behind the online casino and sportsbetting domain at Betfred.com to pay a fine of just over £337,000 ($417634) for failing to carry out adequate anti-money laundering checks. The British regulator used an official press release to detail that it began an investigation into Petfre ...

Fantasy sports resource site RotoWire to launch new sports gambling information service

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Last year’s invalidation of the Professional and Amateur Sports Protection Act (PASPA), has led to the rapid expansion of legal, regulated sports gambling across the U.S. and has led to what appears to be a business opportunity for a Madison, Wisconsin company. Launched in 1997, RotoWire is one of the country’s most popular sports ...

Philippines President rejects Chinese request to ban all online gambling

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In the Philippines, President Rodrigo Duterte (pictured) has reportedly rejected a request from authorities in China to ban all online gambling over concerns that doing so may harm his nation’s fragile economy. According to a Wednesday report from the Reuters news service, the 74-year-old’s decision followed his meeting in Beijing last week with Chinese ...

EveryMatrix Software Limited suffers Gambling Commission suspension

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In the United Kingdom, the Gambling Commission regulator has announced that it has suspended the operating license for Maltese online casino firm EveryMatrix Software Limited following the conclusion of an investigation. The regulator used an official Thursday press release to declare that it had instigated the examination due to concerns over ‘compliance activity’ and ...

Videoslots now live in Denmark courtesy of Danish Gambling Authority

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Popular online casino brand, Videoslots, has been granted a license by the Danish Gambling Authority, Spillemyndigheden. The Pietà-headquartered online casino operator that was fully regulated in Malta, Sweden and the United Kingdom prior to the licensing, is now able to offer its award-winning online domain to players in Denmarks regulated iGaming market. Fast-growing: With ...

Gambling Commission set to require Gamstop integration

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The United Kingdom Gambling Commission is reportedly set to require all licensed online casino and sportsbetting operators to sign up to the Gamstop self-exclusion system. According to a Sunday report from The Guardian newspaper, Gamstop was developed by the Remote Gambling Association and allows punters to voluntarily sign up to a service that prevents ...

ComeOn removes online gambling services in the UK

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Online gambling operator, ComeOn, has decided to stop offering services in the United Kingdom. Based in Malta, the company will now be looking for other jurisdictions that offer a more favorable environment. Comeon, getlucky.com and mobilenet.com will all remove operations from the UK before Brexit. Avoiding Financial Risk: ComeOn CEO, Lahcne Merzoug, stated that ...

China calls on the Philippines to ‘ban all online gambling’

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Ahead of a planned meeting between the leaders of the two nations later this month and China has reportedly urged the Philippines to ‘ban all online gambling’ including those licensed operations that are being marketed towards Chinese players. According to a report, the appeal was made by Chinese foreign ministry spokesperson Geng Shuang during ...

Philippines gambling regulator stops accepting iGaming license applications

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The head of the nation’s gambling regulator in the Philippines has reportedly announced that the authority has stopped accepting license applications that give domestic iGaming firms the ability to offer their services to offshore markets. According to a report from GGRAsia, Andrea Domingo serves as the Chief Executive Officer for the state-run Philippine Amusement ...

Gambling Commission shuts down 1xBet while investigating relationship with FSB Technology

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Players of 1xBet will have to find an alternative now that the brand is currently shutdown due to an investigation by the Sunday Times. The investigation saw the newspaper look into the company’s activities around the world, which resulted in details revealed involving wagering on children’s sports, topless croupiers and illegal websites used for ...

China to intensify crackdown on illegal online gambling activities

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Chinese law enforcement authorities are reportedly set to step up efforts at combating illegal cross-border online gambling as well as the underground banks and payment platforms that allow aficionados in the giant nation to illicitly fund their games. Definitive declaration: According to a report, the revelation came as part of an official statement released ...

Netherlands Gambling Authority issues €350,000 fine to GVC’s bwin

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ElectraWorks Limited, the company that runs the operational activities on bwin.com, has been fined €350,000 ($391,532) by the Dutch regulator, Kansspelautoriteit (KSA), for offering sports betting and online casino games via the website of the GVC Holdings PLC (LSE: GVC) sports betting brand. The regulator found that the Gibraltar-based firm had been offering sports ...

New advertising rules for the United Kingdom’s gambling industry

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The latest edition of The Ashes biennial test cricket series between England and Australia kicked off on Thursday morning and for the first time in some twelve years fans watching all of the action on television are not seeing gambling advertisements before 9pm. According to a Thursday report from The Guardian newspaper, the hotly-contested ...

Ladbrokes Coral Group ordered to pay $7.1 million Gambling Commission fine

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In the United Kingdom and giant land-based and online bookmaker, Ladbrokes Coral Group, has reportedly been hit with a fine of £5.9 million ($7.1 million) for failing to fulfill its social responsibility obligations and prevent money laundering. Historical inadequacies: According to a report from The Guardian newspaper, the financial penalty represents one of the ...

Gambling Commission bemoans lack of authority to police video games

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A pair of officials from the UK Gambling Commission have reportedly told legislators that their body currently has little authority to police the purchase by video gamers of extra in-game content and so-called ‘loot boxes.’ Extra attractions: According to a Monday report from the British Broadcasting Corporation (BBC), the player packs offered by the ...