The Kindred Group (formerly Unibet), a multinational online gambling operator is being hit with a $100 million SEK ($9.7 million USD) fine by the Spelinspektionen regulatory agency for offering unauthorized bonus offers to its players. It's yet another sign that European and UK gambling regulators are dead serious about enforcing new rules and regulations that…
Nevada Governor Steve Sisolak has ordered all of his state's non-essential businesses, including casinos, to close for at least 30 days in an attempt to halt the spread of the COVID-19 virus. This extreme, but essential action, shows exactly how seriously state and federal authorities are taking the growing worldwide pandemic. After all, before this…
The UK Gambling Commission (UKGC) is suspending the the online betting and casino licenses of the parent company of Lotteries.com. International Multi-Media Entertainments Ltd, which is based on the Isle of Man, was informed this week that their license was being suspended (not revoked) based on concerns that the operation has been in violation of…
The Irish Bookmakers Association is taking one for the team by voluntarily closing down the "vast majority" of retail betting shops until March 29. The effort from the industry is part of a worldwide effort to slow the spread of the deadly Covid-19 virus that's currently taking an ugly human and financial toll across the…
Last week when Stakers' gambling license was suspended by the UK Gambling Commission (UKGC) the company didn't seem to care too much. After all, they still had their Maltese gambling license and that opened doors to all kinds of lucrative markets. The problem now is that the Maltese Gaming Authority (MGA) has suspended their license,…
The UK Gambling Commission (UKGC) is slapping Betway, an online gambling operators, with a record £11.6 million ($14.6 million USD) fine for a series of compliance failures that included accepting funds from dubious sources. It's not the UKGC's first multi-million dollar fine but it does show, once again, that the Commission is very serious about…
When the NBA decided to suspend its season in an effort to control the rapidly spreading coronavirus the economic impact of that decision was felt immediately from everyone from the person selling popcorn at the arena where games are played, right up to the betting window at your local sportsbook. The fact of the matter…
Philippines Senator Richard issued a rare public rebuke of President Rodrigo Duterte regarding the Philippine Offshore Gambling Operator (POGO) industry and its relationship to money laundering operations. He went to suggest that those same POGO operatives offered him a massive bribe to shut down his investigation of their activities. In a statement to the Philippines…
Video game loot boxes are under serious scrutiny by Australian lawmakers who are looking to put them behind an age-verification wall. It's the latest chapter in a controversy that's raged around the world with no clear answer. At the heart of the argument is a new wrinkle on the old games of skill vs games…
As the coronavirus, aka COVID19, spreads around the globes, it's a near certainty that the casino industry will feel a significant impact. That's already happened in Macau, where casino revenues were battered by a 15-day coronavirus-related shutdown. The bad news is continuing as Las Vegas casino stocks are taking a beating over concerns that both…
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