Online gambling regulation

Money Launderers Are Utilizing Online Gambling Sites To Launder Illegal Money, FINTRAC Warns

Marija Malenovic
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Casino News, Online gambling regulation, Canada, World Casino News, North America Casino News, Gaming Industry News, Money Laundering, Mobile gaming, Licenses, Online Gambling News, Crime, Licensing
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Canada’s financial intelligence agency, has issued a warning that illegal money is being laundered via iGaming sites that offer many d...

New York Governor Introduces $233 Billion Budget to Exclude Online Casino Proposals

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Horse Racing, Sports betting, Taxation, Online Gambling News, New York
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After a bill proposal to legalize online casinos was filed in the New York Senate with an aim to boost the US-largest online market, Gov. Kathy Hochul reportedly released the 2024 Executive Budget to exclude on...

Genesis Global Ltd. Faces License Cancellation By MGA

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, European Casino News, Licenses, Online Gambling News, Licensing, Fines, Lawsuits & Litigation, Malta
Genesis Global Limited, a flagship, mobile-first international gaming company, is the newest operator to have its license officially canceled by the Malta Gaming Authority (MGA). License cancellation: The...

Sri Lanka Increases License Issuing and Renewal Fees, Ten Operators Apply for the License

Vanja Mitic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Licenses, Financial Press Releases, Sri Lanka
Sri Lanka is increasing the costs of issuing and renewing the casino licenses for all operators currently present in the country, according to Sri Lanka’s Ministry of Finance. So far, the government received te...

Six Major Sports Teams Campaign to Launch Ballot on Sports Betting Legalization in Missouri

Radosav Milutinovic
U.S.A., Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Licenses, Sports betting, Online Gambling News, Taxation, Licensing, Taxes, Kansas, Missouri
After two sports betting bills passed the Missouri House and died in the Senate in 2022 and, respectively, 2023 to mark repeated attempts to legalize sports betting in the state, a coalition of six major sports...

Number of Suspicious Transaction Records in Macau Breaks the Records

Vanja Mitic
Latest Casino and Gambling News, Online gambling regulation, Casino reviews from Macau, Gaming Industry News, Mobile gaming, Money Laundering, Economy/Finance, Macau, Online Gambling News, Financial Press Releases
The illegal transactions in the Macau casino industry are thriving, and the data that the Macau’s Financial Intelligence Office is concerning. The body released the data from 2023, and the suspicious transactio...

Sen. Addabbo Files Bill To Further Boost Internet Gaming Operations in New York

Radosav Milutinovic
Tribal Gaming, U.S.A., Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Lottery, Licenses, Online Gambling News, Sports betting, Taxation, New York
Since the January 2022 launch of the legal internet sports betting, the state of New York has grown into the largest online gambling market in the United States. The regulations prescribing the online casino se...

Curacao Bar Association Requests Gambling Bill Amendment

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, World Casino News, Online gambling regulation, Gaming Industry News, Caribbean Casino News, Licenses, Curaçao Casinos, Online Gambling News
The draft National Ordinance for Games of Chance (LOK) has been filed to the Parliament of Curacao to propose the alignment of country's gambling laws with international standards. As the bill anticipates that ...

Online Sports Betting Makes Its Debut In Vermont

Marija Malenovic
Vermont, U.S.A., Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Licenses, Online Gambling News, Sports betting, Licensing
Vermont revealed the debut of its lawful online sports wagering market, meaning its players are now allowed to bet on sports with Fanatics, FanDuel and DraftKings. Opening a legal online sports wagering mark...

Gamesys Operations Ltd. Receives a Sanction Fee From UK Regulator

Marija Malenovic
Gaming Law & Legislation, Latest Casino and Gambling News, Casino News, Online gambling regulation, World Casino News, Gaming Industry News, Money Laundering, European Casino News, Online Gambling News, Crime, Fines, Lawsuits & Litigation, United Kingdom
Gamesys Operations Limited, which manages 16 online gambling websites involving doublebubblebingo.com, ballycasino.co.uk, megawayscasino.com and jackpotjoy.com, must pay a fine of £6 million to the UK Gambling ...

Millions of Visits to Illegal Sports Betting Sites Deprive US Regulated Markets of Significant Revenues

Radosav Milutinovic
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Online gambling regulation, Canada, North America Casino News, Gaming Industry News, Ontario, Quebec, Illegal Bookmaking, Florida, Online Gambling News, Sports betting, Georgia, Nebraska, Oklahoma
Although sports betting has been legalized in 37 US states, illegal gambling operations still proliferate in the states that do not allow this type of gambling. As reported by Covers, more than 201 million visi...

Macau’s Syndicate Operated Illegal Cross-Border Gambling to Generate $2.4 Million Profit

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Casino reviews from Macau, World Casino News, Gaming Industry News, Illegal Bookmaking, Unlicensed Operation, Online Gambling News, Crime, Fines, Lawsuits & Litigation
The illegal gambling organization run by Alvin Chau, the founder of the Macau-based gambling operator Suncity Group, received more than $42 billion in bets from Chinese gamblers from 2015 to 2019, Asian Gaming ...

Italian Government Validates “Reorganisation Decree” for Online Gambling

Marija Malenovic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, European Casino News, Licenses, Online Gambling News, Taxation, Licensing, Taxes, Italy
It was recently reported that Italy will implement a comprehensive reform of the country's online gambling laws during this year, as the government officially validated the "Reorganisation Decree" mandate requi...

Authorities Arrest New Suspects in High-Profile Criminal Case Mahadev Book

Vanja Mitic
Dubai, Gaming Law & Legislation, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Unsavory reports, Gaming Industry News, Money Laundering, Mobile gaming, India, Online Gambling News, Sports betting, Crime, Fines, Lawsuits & Litigation, Financial Fraud
Progress has been made in the high-profile criminal case that is currently under investigation in India. The case is related to an illegal betting app that was launched in the country recently. The big case: ...