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UK Gambling Commission sticks White Hat Gaming with big fine

Regulators at the UK Gambling Commission (UKGC) are hitting White Hat Games with a £1.3 million fine ($1.7 million USD) for failure to comply with anti-money laundering and compliance regulations. It was an unfortunate affair but company officials cooperated with gambling regulators throughout and worked closely with them on the settlement. At the heart of…

Swedish regulators call foul on Videoslots

Swedish gambling regulators at the Spelinspektionen are hopping mad this week at the owners and operators of Videslots for allegedly running afoul of Swedish deposit rules for online gamblers. Company officials say that the Spelinspektionen's got it all wrong and that they're really not doing anything wrong at all. It's a game of he-said-she-said that's…
There was never really any question about whether or not regulated sports betting would be a hit in the United States. After all, black market betting had been pulling in hundreds of millions of dollars a year off the books for as long as anyone could remember. But did anyone really guess how quickly regulated…

VIP’s won’t pull gambling from pandemic slump

The gambling industries has long been one of those 80/20 kind of industries. Those are the businesses where 80 percent of the revenue comes from 20 percent of the customers. More specifically, gambling operators rely on a minuscule portion of the player pool who spend disproportionate amount of cash and, therefore, generate a disproportionate amount…

US gambling business psyched up for President Biden

There's little question that the American gambling industry is going through an extremely rough as a result of the pandemic. Land-based casinos have been hobbled by closures and occupancy restrictions, though online sports betting is offering some badly needed revenue in states where casinos are operating at limited capacity. So what's the good news? According…

Commentator Bingo is a sports betting bridge too far for UK audiences

UK sports betting operators are always pushing the envelope when it comes to finding new ways to wager on existing sporting matches. That sentiment could definitely be used to compliment the marketing acumen of UK operators. Unfortunately, it's also being used to help deride a bold new betting category that's been mocked and criticized by…