Social media influencer and Betr sportsbook co-founder Jake Paul recently got some unwanted attention from the Securities and Exchange Commission (SEC) and moved quickly to make sure the regulator wasn't on his back for too long. Paul was one of several celebrities who settled with the SEC for their roles in promoting various cryptocurrencies, without…
British gaming regulators hit Kindred Group brands 32Red and Platinum Gaming with a combined £7.1 million ($8.8 million USD) fine for various social responsibility and anti-money laundering (AML) compliance issues. The fines show that the Commission is still very much on the job while it waits for the long-promised gambling reform white paper, that's been…
Would a proposed affordability check scheme send UK punters into the arms of black market operators? That's the conclusion of a recent survey of punters conducted by the UK Betting and Gaming Council (BGC). The survey, which was conducted by YouGov on behalf of the BGC, found that 79 percent of punters queried thought that…
Will professional wrestling be the next-big-thing for regulated US sports betting operators? A recent report from CNBC suggests that representatives of the WWE have approached gaming regulators in Colorado and Michigan with a plan for marketing wagers on professional wrestling matches in their states. Though the idea isn't that far-fetched, wagering on events whose outcome…
The action on any casino floor is meant to be intense and continuous, but that's not always how it works out. Thanks to a 1977 law requiring operators to fill out a W-2G tax form on any winning play over $1,200. But a group of lawmakers, led by Nevada Rep. Dina Titus (D) are pushing…
Flutter, the parent company of PokerStars, is paying out a $4 million fine to the Securities and Exchange Commission (SEC) for violations of US anti-corruption laws relating to the company's business practices in Russia. The violations were of the legacy variety and occurred mostly before Flutter acquired Pokerstars' parent the Stars Group back in 2019.…
The Massachusetts Gaming Commission is thawing slightly on the issue of casino affiliate marketing and is opening an affiliate test period until April 14. It's a step in the right direction for affiliates, who haven't been able to work in the state at all until this point, but there's no guarantees on how long affiliate…
One key distinction of regulated gaming in Massachusetts is that the state did not allow casino affiliate marketing. But members of the Massachusetts Gambling Commission (MGC) recently reversed course and are allowing affiliates in the market after a recent meeting with several representatives of the affiliate world. The MGC's course correction took place just one…
Minnesota lawmakers are considering a regulated gaming expansion that would legalize sports betting in the Land of 10,000 Lakes and put complete control of the newly expanded market in the hands of the state's tribal groups. It's a unique approach to gaming expansion that could bring huge, new revenue streams to a group of operators…
The UK Gambling Commission (UKGC) is hitting In Touch Games with a massive £6.1 million ($7.5 million USD) fine for a slew of social responsibility and anti-money laundering (AML) failures. In Touch Games' huge fine not only reflects how seriously the UKGC is taking its responsibilities these days, it also reflects the fact that this…
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