Financial Action Task Force (FATF) has once more stressed the need for the Philippines to accelerate the adoption of its action plan concerning anti-money laundering (AML) and counter-financing of terrorism (CFT). The Philippines found its name on the FATF grey list in June 2021 due to an evaluation by the Asia-Pacific Group on Money Laundering […]
The Hellenic Gaming Commission has expressed growing concerns over the infiltration of unlicensed gambling, stressing the need for a more cohesive strategy against these illegal operations. At the 27th Economist Conference on Online Gaming, the commission’s president, Dimitris Dzanatos, underscored the detrimental effects of such unauthorized activities on the Greek gambling market. He pinpointed them […]
In a decisive move, Brazil’s Ministry of Finance released Ordinance No. 1330 recently, laying down a comprehensive framework of requirements for prospective sports betting operators. This initiative comes as Brazil readies itself for the inception of a fully regulated betting market. Companies keen on tapping into this burgeoning market are now given a 30-day timeframe […]
In a step to curb gambling addiction, the Armenian government is vigorously implementing a cash ban for online betting activities. Following directives from the National Assembly, agencies have been instructed to set into motion rules that permit the topping up of online gambling accounts exclusively with cards issued by nationally licensed banks. This strategic move […]
The Malta Gaming Authority (MGA) confirmed the upcoming exit of its CEO, Carl Brincat, who will conclude his term on 25th January. Serving the regulatory body since January 2021, Brincat has chosen not to renew his current contract. In anticipation of Brincat’s departure, MGA will initiate a public application process to pinpoint his successor. The […]
Amid rising concerns over sports betting scams targeting the youth, Franc Weerwind, the Dutch Minister for Legal Protection, has unveiled a robust, multi-year initiative aimed at curbing online gambling-related fraud. This campaign emerges as a countermeasure to apprehensions voiced in the parliament over potential match-fixing promoted through social platforms. In a discussion with MPs from […]
Colombia’s prime gambling regulator, Coljuegos, has shed light on its ambitious strategy to oversee gambling promotions across the nation. The agency has recently drafted a resolution, aiming to take charge of all aspects of gambling advertisements, encompassing marketing, sponsorships, and various commercial communications. This draft resolution, pending approval from the Congress, presents comprehensive guidelines for […]
The European Gaming and Betting Association (EGBA) has expressed its approval of Finland’s initiative to introduce a regulatory framework for online gambling. Initiated by the Ministry of the Interior, the plan is to dissolve the longstanding monopoly held by the state’s gambling operator, Veikkaus, and implement a licensing procedure. This legislative shift aims to better […]
Lord David Lipsey, serving as the Chair for Premier Greyhound Racing, recently voiced his concerns regarding the Gambling Commission’s latest affordability proposals and its consequences on greyhound racing. He shared, “Public debate has mainly spotlighted the implications of these proposals for horse racing, overlooking its impact on greyhound racing, Britain’s fifth largest spectator sport.” Elaborating […]
Seeking to fortify its stance against unlicensed gambling, Norway is pushing forward with a proposition to implement DNS (Domain Name System) blocking for such websites. The new legislation mandates internet service providers to initiate technical protocols, blocking access to specified websites, and rerouting users to a dedicated landing page explicating the cause of the blockade. […]