Ibox Bank has lost a legal case against the Ukrainian Gambling and Lottery Regulation Commission (KRAIL) regarding the cancellation of its gambling license. The bank had challenged KRAIL’s decision after a criminal conspiracy was uncovered by the Economic Security Bureau of Ukraine (ESBU). According to the financial watchdog, over 20 Ibox subsidiaries and multiple gambling […]
Several Danish athletes have been awarded compensation by the Maritime and Commercial High Court of Denmark after their names and images were used without permission by bet365 in its marketing. Hillside, the owner of bet365, has been instructed to pay a total of DKK4.7m (€631,000) to the affected athletes. During the period from February 21, […]
Kho Bin Kai, who was previously married to the daughter of Peter Lim, the owner of LaLiga soccer club Valencia CF, is facing legal issues in Singapore. According to Channel News Asia, he has been sentenced to a few years in prison due to his association with a syndicate that runs various illicit gambling websites. […]
The conflict between the National Charity Lottery (LNB) and lottery ticket vendors regarding the introduction of electronic lottery has prompted Ricardo Lombana, a member of the Other Way Movement (MOCA) and a presidential candidate, to lend his support to the lotteries. Lombana has also demanded information about the contract between the LNB and Scientific Games. […]
In the wake of a raid on a business processing company suspected of illegal activities, the Philippine Amusement and Gaming Corp. (PAGCOR) and the Department of Justice (DOJ) have declared a review of licenses granted to Philippine offshore gaming operators (POGOs). Local media reports suggest that Colorful and Leap Group, located in the Clark Freeport […]
According to the Maltese regulator, the MGA has partnered with the University of Malta to improve compliance inspections. According to the Malta Gaming Authority, it has participated in several workshops that aim to improve cooperation between regulators. The MGA’s anti-money laundering unit recently collaborated with Malta’s Financial Intelligence Analysis Unit’s (FIAU) supervision unit to coordinate […]
A local association’s dispute with gambling regulator Spillemyndigheden over illegal bingo and banko has been ruled in favor of the regulator by Copenhagen’s City Court. In 2019, Denmark’s gambling regulator conducted a routine inspection and discovered that an unidentified association had been conducting illegal bingo and banko games for its members on a daily basis […]
New research by the American Gaming Association (AGA) has revealed that American support for legal sports betting has increased significantly since the federal ban on sports wagering was lifted in 2018. The research highlights the following key findings: 85% of American adults support the Supreme Court’s decision to strike down the Professional and Amateur Sports […]
In an interview with CBN radio on Friday (May 5), Finance Minister Fernando Haddad announced that Brazil’s federal sports betting regulations have been completed and have been forwarded to the Civil House for analysis and the signature of President Lula da Silva upon his return from attending the coronation of Charles III in London. Haddad […]
In a bid to combat illegal gambling within the country, the national gambling regulatory body, Spelinspektionen, is set to enhance its partnership with the Financial Supervisory Authority (Finansinspektionen). The government is of the view that closer collaboration between the two entities would bolster oversight over gambling transactions. Earlier this year, the government acknowledged that Spelinspektionen […]