Tag Archives Gambling

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 ...