Mrs-Josephine-Teo

Tighter Controls Suggested at 5th Singapore Symposium on Gambling Regulation and Crime

Legislation

Singapore’s 5th Symposium on Gambling Regulation and Crime went down on Thursday, August 29 and it saw the announcement of a number of new initiatives that are meant to help reduce the issue of problem gambling and promote responsible gambling. Manpower Minister and Second Minister for Home Affairs Josephine Teo delivered most of the gambling-related […]

FinCEN

US Financial Watchdog Sets Sight on Sports Betting & Crypto

Industry

On August 12, the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN), the country’s main financial watchdog, held its 12th Annual Las Vegas Anti-money Laundering Conference. The theme of this year’s conference was “cooperation in an environment which is rapidly advancing on many technological fronts”. This year, Kenneth Blanco, the Director of FinCEN, focused on […]

in-game-purchases

UK Regulator Says Loot Boxes Do Not Constitute Gambling

Legislation

Debates pertaining to the controversial issue of loot boxes continue to rage on but it may seem like the legislative standpoints on the matter are beginning to become much clearer in certain jurisdictions. The United Kingdom is one of the places where the lines have been drawn with regards to whether or not loot boxes […]

new-hampshire

New Hampshire Finally Legalizes Sports Betting

Legislation

New Hampshire has recently taken the leap forward and decided to finally legalize sports betting after Governor Chris Sununu signed into law. The state is now the second state in the New England region to legalize sports wagering after Rhode Island whose first two casinos went live late last year. Sports betting in the United […]

court-ruling

Federal Court Rules Against DOJ’s Wire Act Reinterpretation

Legislation

Last week ushered in some very interesting and potentially very positive legislative news for the United States’ online gambling industry. The biggest highlight was the Monday, June 3 ruling by a United States District Court judge in New Hampshire – Paul Barbadoro, the judge, ruled that the 1961 Interstate Wire Act opinion only applies to […]

Spillemyndigheden

Danish Gambling Authority Steps Up Fight Against Money Laundering

Legislation

About a fortnight ago, Spillemyndigheden, the Danish Gambling Authority officially launched a whistleblower program that is aimed at combating money laundering with the country’s regulated gambling industry. The initiative will allow employees to report any evidence of the violation or even potential violation of Denmark’s anti-money laundering legislation. How It Works The gaming regulators provided […]

complaint

Sweden’s Svenska Spel Accused of Violating Gambling Ad Rules

Industry

State-run former gaming monopoly Svenska Spel has been reported to the Swedish Broadcasting Review Board for allegedly violating regulations relating to betting or gambling advertisement standards to that were outlined when the countries new regulatory regime began in January 2019. Last Monday, the Branschföreningen för onlinespel (BOS) trade group which represents Sweden’s independent online gambling […]

taxes

UK Government Facing Criticism for Dismissing Mandatory Levy

Legislation

The United Kingdom’s government has been on the spotlight lately for failing to approve the UK Gambling Commission’s proposal that calls for the introduction of a mandatory levy for gambling activities. The mandatory tax levy which is set to be imposed on various gambling venues across the country is supposedly meant to generate funds that […]