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Compliance News

Sweden’s TV4 faces fine over Svenska Spel advertising

Svenksa Spel’s televised Keno and Lotto draws have been deemed to be a form of advertising by Sweden’s media authority.

Svenska Spel paid for the Keno and Lotto programs and also paid TV4 an additional compensation for airing the programs, which the broadcaster described as a sponsorship agreement.

This prompted a complaint [...]

1 min read
Itai Pazner

888 Holdings parts ways with CEO Itai Pazner; suspends VIP operations in certain markets

London-listed 888 Holdings has announced the immediate departure of chief executive Itai Pazner and the suspension of VIP activities in the Middle East.

The company said Monday (Jan. 30) that Pazner is leaving his role as CEO and company director with immediate effect and will be replaced on an interim basis [...]

3 mins read

Maryland finds five more applicants qualified for sports betting

The Maryland Lottery and Gaming Control Commission (MLGCC) has found five more applicants qualified to launch sports betting in the state.

The state regulator has approved three businesses for sports betting facility licenses - Kathe P. Hospitality (Michael’s on the South River in Riva, Anne Arundel County), Canton Gaming - Canton [...]

1 min read

Yggdrasil enters second LatAm market with City of Buenos Aires approval

Online casino games developer Yggdrasil is expanding into its second Latin American jurisdiction after receiving regulatory approval to offer its content in the Argentinean City of Buenos Aires.

The approval from Lotería de la Ciudad de Buenos Aires (LOTBA) enables Yggdrasil to provide its portfolio of slots to licensed operators in [...]

2 mins read

GeoComply secures new investment to support expansion plans

Geolocation security provider GeoComply Solutions has secured minority investments by funds managed by Norwest Venture Partners and Arctos Sports Partners to support its expansion into new verticals and further growth in core markets.

The investments will help GeoComply accelerate its expansion into Financial Services and Media Rights Management through its Ground [...]

1 min read

Netherlands gambling regulator fines Jacks.nl for marketing breaches

Malta-based online gaming operator JOI Gaming has been fined by the Netherlands gambling regulator for sending marketing messages to players aged 18 to 24.

The operator has been fined €400,000 by Dutch regulator Kansspelautoriteit (KSA) for marketing messages sent between December 8, 2021 and March 7, 2022, promoting the Jacks.nl online [...]

1 min read
Gambling Commission

InTouch Games hit with third multi-million pound penalty by Gambling Commission

UK-based online gaming operator InTouch Games has been hit with a £6.1m penalty by Britain’s Gambling Commission.

The latest penalty means that InTouch Games has now paid over £11m to the Gambling Commission since 2019 for repeated failings.

The penalty announced today (Jan. 25) by the Gambling Commission follows a failed compliance [...]

2 mins read

Boldplay granted Gibraltar gaming supplier licence

Casino software developer Boldplay has secured approval from the Gibraltar Licensing Authority to launch its games with licensed operators in the jurisdiction.

Following recent game certifications in the United Kingdom, Portugal, Malta and the Isle of Man, the Gibraltar licence marks Boldplay’s first fully-fledged market licence.

“As a Gibraltar-based business, we’re incredibly [...]

1 min read
Netherlands

KSA fines 18bet.com for operating in the Netherlands without a licence

Dutch gambling regulator Kansspelautoriteit (KSA) has imposed a €900,000 fine on Malta-licensed operator Shark77 for offering online gambling in the country without a licence.

Following an investigation by the regulator, which began in December 2021, the KSA found that Shark77’s 18bet.com site offered online casino games and sports betting to players [...]

1 min read

Ontario gambling regulator reinstates betting on UFC events

The Alcohol and Gaming Commission of Ontario (AGCO) has confirmed that licensed sports betting operators in the province can resume offering bets on Ultimate Fighting Championship (UFC) events.

The AGCO ordered all operators in Ontario to stop offering and accepting wagers on UFC events in December following a number of alleged [...]

1 min read
Entain

Entain accelerates exit from unregulated iGaming markets

London-listed betting and gaming operator Entain has reaffirmed plans to exit a number of unregulated markets where there is no clear path to market liberalisation.

It follows the operator’s previous commitment in November 2020 that 100 per cent of the group’s revenue would come from markets that are nationally regulated by [...]

3 mins read

TonyBet.co.uk fined for unfair terms and AML failings

Estonian online betting and gaming operator TonyBet has been fined more than £400,000 by Britain’s Gambling Commission.

TonyBet will pay a £442,750 penalty and receive a warning for failing to have fair and transparent terms for players at its .co.uk website, as well as for anti-money laundering (AML) and social responsibility [...]

2 mins read
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