Online gambling regulation

ASA Enforces Ban on Misleading Social Casino Ads Claiming Real-World Winnings on TikTok

The Advertising Standards Authority (ASA) has recently taken action against several social casino ads on TikTok, suggesting that players could win real-world money or tangible prizes. ASA found these claims mis...

Study Exposes As Much As £4.3bn Staked Annually on UK’s Growing Black Market Gambling

A new study has revealed that up to £4.3 billion is being wagered annually by 1.5 million Brits on the UK’s growing black market for gambling. The research, conducted by Frontier Economics and commissioned by t...

Kalshi Begins Offering “Prediction Contracts” on November Congressional Elections; CFTC to Appeal

Betting activities commenced on Thursday, September 12, on the upcoming November congressional elections. This follows a judicial ruling permitting such wagers—the only instance sanctioned legally in the United...

New Legislation Proposed for Federal Oversight of Online Sports Betting

In response to the growing prevalence of online sports betting and the disparities in state regulations, US Representative Paul Tonko, alongside US Senator Richard Blumenthal, have announced plans to introduce ...

PAGCOR Announces Significant Fee Reductions for Online Gaming in the Philippines

In a strategic move to stimulate the Philippine gaming market, PAGCOR (Philippine Amusement and Gaming Corporation) has announced a significant reduction in license fees charged to the country's integrated reso...

High-Stakes Drama: Singaporean High-Roller Ordered to Repay Millions to Australian Casino

In a tale weaving through the grandeur of international casinos, Dr. Wong Yew Choy, a Singaporean high-roller, has found himself in a legal entanglement demanding the repayment of a colossal sum of A$38.7 milli...

Borgata Understatement of Gross Revenue Violations; Ordered to Pay $1.3 MIllion by NJDGE

Atlantic City’s premier casino, the Borgata, has recently made headlines for underpaying its internet gambling taxes twice, according to a recent Associated Press (AP) report. New Jersey regulators identified t...

Connecticut Fines DraftKings & White Hat Gaming for Slot Game Flaws

In a significant regulatory action, the state of Connecticut has fined DraftKings and another gambling company, White Hat Gaming, a total of $22,500. The fines were imposed due to operational issues with an onl...

RUSI Report Calls for Stronger Crypto Regulation in Casino Sector

The Royal United Services Institute (RUSI), a leading defense and security think tank, has issued a pressing call for governments and regulators worldwide to forge stronger ties with cryptocurrency exchanges an...

2024 NFL Season to See Record Legal Betting: AGA

The 2024 NFL season is set to make history with an unprecedented level of legal sports betting. According to the American Gaming Association (AGA), around $35 billion is expected to be wagered legally by Americ...

SEC Adopts New Player Availability Reporting Policy Amid Gambling Concerns

In a significant move to enhance transparency and safeguard the integrity of college sports amid the expansion of legalized gambling, the Southeastern Conference (SEC) has announced that it will begin releasing...