Swedish gambling regulators want to extend COVID deposit cap

The Swedish government is very concerned about protecting its citizens from the temptations of online gambling during the pandemic and is looking to extend deposit limits at licensed operators to do so. On its face, that sounds like a good idea but regulated operators say it only drives players to the black market. As it…

Swedish gambling regulators call for tighter ID rules

One of the biggest issues/burdens for online gambling operators, particularly those who serve European players, is staying in line with compliance rules. These regulations are designed to prevent fraud and problem gambling but can also border on the edge of Kafkaesuqe. That's what Bayton, a Malta-based operator, is finding out as it deals with an…

Jean-Claude Van Damme signs on as on new 777.be rep

777.be has signed on international action film superstar Jean-Claude Van Damme (JCVD) to star in a series of commercials promoting the Belgium operator. It's a no-brainer kind of decision for 777.be given JCVD's status as the best know celebrity Belgium has ever produced. Under the terms of the deal, JCVD will star in a series…

Surprise! Norwegian gambling ad ban unpopular with broadcasters

Gambling operators across Europe and the United Kingdom are under siege from lawmakers who think that certain industries are just too dangerous to be running advertisements to the general public. Their concern, they say, is that operators are enticing and inducing perfectly innocent people into a life of debauched and compulsive gambling. While concern over…

Are loot boxes gambling? An answer is coming for the EU

Are video game loot boxes the gateway to problem gambling? That's a question that's been bandied about quite a lot over the past few years as loot boxes have become a more integral piece of the video gaming world. But loot boxes are every bit as controversial as they are popular, and that's garnered the…

Swedish regulators hand out fines for bonus policy violators

Swedish gaming regulators are very serious about enforcing their new regulations on deposit bonuses and other promotions used by gambling operators to attract and retain customers. Last week alone they handed out nearly $1.5 million in fines to operators who ran afoul of the new rules and issued warnings to several others. Betway Ltd and…

Sweden's gambling monopolies thriving in regulated market

The concept of open markets is relatively simple, especially when applied to gambling markets that were once dominated by government monopolies. In the perfect, theoretical world, a market is opened to competition and the monopoly (which has never had to provide good service because it's never had any competition) sees its share of the market…

Dutch regulators look to 'terrify' gambling operators with new fine scheme

Regulators at Netherlands’ Kansspelautoriteit (KSA), the Dutch gambling authority, are introducing a new set of fines for operators who flout the country's recently liberalized gambling laws. It's yet another sign that anything like a free ride for operators who work outside of the law in Europe is a thing of the past. The KSA announced…

Moldova Says 'No' to Gambling Monopoly – Calls in Private Sector

The tiny nation of Moldova, in Eastern Europe, is doing something that most European countries won't, it's divesting itself of its long held gambling monopoly. According to Balkan Insight, the outsourcing project includes everything from slot machines to sports betting and even the national lottery. Under the terms of the new plan, Moldova's government will…

France Looks to Sell Half of Française des Jeux Lottery Via IPO

A cash-strapped French government is looking to sell off half of the Française des Jeux FDJ lottery via an initial public offering (IPO). It's part of a major privatization move that could put as much as $10 billion Euros ($12.8 billion) back in government coffers and constitutes a major shift in Euro government policy towards…