Genesis Global’s Licence Cancelled by Malta Gaming Authority: A Compliance Wake-Up Call Strict Regulatory Measures in Malta’s Gaming Industry The Malta Gaming Authority (MGA) has taken a decisive step in enforcing compliance by cancelling the B2C gaming licence of Genesis Global. This major move comes after an initial suspension in the previous year, signaling the […]
The Kansspelautoriteit (KSA), the Dutch gambling regulator, has released new guidelines to aid operators in adhering to the Netherlands’ Money Laundering and Terrorism Financing Prevention Act. This update comes in response to several recent amendments to the Act and aims to clarify the responsibilities of operators in maintaining compliance. KSA revolutionizes AML compliance! New guidelines […]
Georgia is set to implement significant changes in its gambling sector, as Prime Minister Irakli Gharibashvili signs an executive order for sweeping new gambling laws. These changes include substantial tax hikes on gambling profits and stricter compliance measures to enforce the country’s ban on gambling for individuals under 25 years old. The new tax rates, […]
Stricter Compliance Measures Demanded from Danish Operator The Danish gambling regulator, Spillemyndigheden, has brought forward two charges against Danske Licens Spil, focusing on lapses in anti-money laundering (AML) practices. The first charge identifies a failure in conducting comprehensive checks on a high-volume player, as required under section 17, subsection 1 of the Danish Money Laundering […]