British Gambling Commission Reports 4% Increase in Online Gambling Revenue The British Gambling Commission, in its recent industry report for the third quarter, has observed a noteworthy 4% rise in online gambling revenue. This data, which reflects the performance of the largest operators representing approximately 80% of the online gambling market, indicates a flourishing sector, […]
WynnBet’s Calculated Exit from Massachusetts: A Strategic Market Reevaluation WynnBet, operated by the esteemed Wynn Resorts, is set to withdraw its operations from Massachusetts, registering this as its ninth retreat from the US market. This decision, revealed in the upcoming Massachusetts Gaming Commission meeting, indicates a significant pivot in WynnBet’s strategic approach within the US. […]
Belgium’s Tightening Grip on Gambling: A Controversial Leap Belgium is on the verge of implementing one of the most stringent gambling legislations in Western Europe. Spearheaded by Green MP Stefaan Van Hecke, a bill approved by the Chamber of Representatives aims to drastically reshape the Belgian gambling landscape. The legislation proposes an increase in the […]
A Strategic Leap in Georgia’s Legislative Arena: The Pioneering Sports Betting Bill Georgia’s legislative landscape is witnessing a transformation with Senator Clint Dixon’s introduction of the innovative sports betting bill, SB 386. Supported by a diverse bipartisan coalition of 11 co-sponsors, this bill marks a significant stride in legalizing sports wagering within the state. Jen […]
Pioneering Change: IBIA and NBO Collaborate to Reform Norway’s Gambling Sector In a landmark move, the International Betting Integrity Association (IBIA) and the Norwegian Industry Association for Online Gaming (NBO) have inked a Memorandum of Understanding. This partnership signifies a united front in advocating for a competitive, regulated Norwegian online gambling market, challenging the country’s […]
Spelinspektionen’s Firm Action Against Non-compliance Kicking off 2024 with a strong message, Sweden’s national gambling regulator, Spelinspektionen, has initiated its first major enforcement actions of the year. By issuing bans against True Polygon Entertainment Limited and Smein Hosting NV, Spelinspektionen reinforces its commitment to maintaining a secure and compliant gambling environment in Sweden. Targeting Unlicensed […]
In a decisive move to maintain the integrity of its gambling industry, the Bulgarian National Revenue Agency (NRA) has taken stringent actions against unlicensed online gambling sites. Over the last three months of 2023, the NRA cracked down on more than 600 such websites, sending a clear message that unauthorized operators will not be tolerated. […]
A Positive Shift: Malta Reduces Money Laundering Risk in iGaming Malta, known as a hub for online gambling, has made a significant change in its latest National Risk Assessment regarding money laundering threats. The island nation has decided to lower the money laundering risk level for iGaming, a move that could have far-reaching implications for […]
Be Vigilant: FINTRAC Raises Alarm on Money Laundering Risks in Online Gambling The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has sounded a clear warning to the gambling sector. In a special bulletin, FINTRAC has flagged the heightened risk of money laundering through online gambling, urging operators and payment providers to remain vigilant […]
Following a triumphant 2023 that culminated in Betby winning the prestigious “Best Online Sportsbook” award at the SiGMA Europe Awards, the innovative sportsbook provider is determined to keep the momentum going in 2024. Betby seeks to maintain its impressive growth in terms of revenue, Gross Gaming Revenue (GGR), and expansion into new markets. Impressive Growth […]