Partners
January 12, 2024

WestLotto Enhances Gaming Safety with OpenBet’s Neccton Technology

Elevating Gaming Integrity: WestLotto’s Strategic Alliance with OpenBet and Neccton In a move to revolutionize compliance and player safety, Germany’s largest lottery operator, WestLotto, has announced a groundbreaking partnership with OpenBet, a leader in gambling industry solutions. The alliance focuses on deploying Neccton’s advanced technology for responsible gaming, anti-money laundering (AML), and fraud detection, thereby […]

Regulation
January 11, 2024

Gamesys Fined £6M by UK Gambling Commission for Compliance Failings

UK Gambling Commission Levies £6M Fine Against Gamesys for Regulatory Breaches The UK Gambling Commission has imposed a significant £6 million fine on the online gaming operator Gamesys for a series of social responsibility and anti-money laundering (AML) failings. This action underscores the regulator’s commitment to ensuring fair, safe, and crime-free gambling practices. Comprehensive Audit […]

Business
January 10, 2024

Denmark’s Regulator Seeks Industry Input on Anti-Money Laundering Measures

Danish Gambling Authority Calls for Collaborative Effort Against Money Laundering The Danish Gambling Authority is actively seeking input from the gambling industry to enhance the effectiveness of GoAML, a platform designed to combat money laundering and terrorist financing. This initiative marks a pivotal step towards reinforcing regulatory compliance and ensuring the integrity of Denmark’s gambling […]

Daily News , EMEA , Regulation
December 12, 2023

GREF Launches Anti-Money Laundering Working Group to Foster Global Regulatory Collaboration

The Gambling Regulators European Forum (GREF) has taken a significant step in enhancing regulatory cooperation with the establishment of a new working group dedicated to anti-money laundering (AML). This initiative, spearheaded by the association of European gambling regulators, aims to bolster the integrity of the gaming sector through improved information exchange and collaboration among member […]

Regulation
December 2, 2023

Dutch Gambling Authority Imposes €3M Fine on BetCity for AML and Terrorist Financing Violations

In a landmark enforcement action, the Dutch gambling regulator, Kansspelautoriteit (KSA), has levied a massive €3 million fine against the well-known operator BetCity. This fine, one of the largest in the sector’s history, arises from significant breaches in anti-money laundering (AML) and terrorist financing regulations, highlighting the KSA’s unwavering commitment to maintaining integrity within the […]

Business , EMEA , Legal
October 27, 2023

MGA Withdraws Arabmillionaire’s B2C Gaming Licence Amid Regulatory Violations

  The Malta Gaming Authority (MGA) has annulled Arabmillionaire’s B2C gaming licence following the online operator’s multiple regulation infractions. Last year, on 4th August, Arabmillionaire received a warning from the MGA regarding potential licence revocation if specific concerns weren’t addressed. These encompassed non-compliance with MGA directives, regulatory obligations, financial commitments, and lapses in anti-money laundering […]

EMEA , Legal , Legislation , Regulation
October 2, 2023

Bulgaria’s Major Crackdown: Over 150 Unlicensed Gambling Sites Blocked!

In a groundbreaking move, Bulgaria’s National Revenue Agency (NRA) has taken stringent action against the unlicensed online gambling arena. Over 150 gambling websites, most of which lacked a license within the European Union, have been brought under the axe this month alone. This monumental action stems from the NRA’s targeted enforcement campaign, emphasizing their commitment […]