Category: Regulations
Aspire Global Fined £1.4 Million for AML and Social Responsibility Failures
The UK Gambling Commission has fined Aspire Global £1,407,384 after an investigation found failures in social responsibility and anti-money laundering. AG Communications Limited, which trades as AspireGlobal, runs 58
Potential Gambling Crackdown in Florida as Lawmakers Eye Harsher Penalties
Florida has seen an influx in bills filed relating to gambling, with the latest batch looking to clamp down on gambling advertising, insider betting, and adjust slot machine definitions. Senator Johnathan Martin has
Crypto Investments Decline Among United Kingdom Students As Gambling Concerns Rise
The fourth edition of the Annual Student Gambling Survey has shed light on student gambling habits in the United Kingdom. Commissioned by Ygam and GAMSTOP, the survey found that students who gamble are four times more
Crypto Reserves Bill on the Horizon as Arizona Reports Record Betting Handle
The Arizona Department of Gaming has reported record sports betting handle for the month of November. As the Grand Canyon State edges closer to becoming the latest state to pass a crypto reserves bill, other use cases
Crypto Betting Expansion? New York Proposal to Redefine Sports Wagers
Assemblywoman Carrie Woerner has filed a proposal that could see New York grant extra sports betting licenses, reduce the tax rate, and pave the way for crypto. A6013 seeks to amend the definition of sports wager to
From Crypto to Betting Ads: The Financial Rescue Plan for Italian Football
New pressure is mounting in Italy for the government to repeal the ban on betting advertising in Italian sports and allocate a percentage of revenue to event organizers. The Minister of Sport and Youth, Andrea Abodi is
Victoria Gambling Commission’s Underage Gambling Crackdown Continues
The Victoria Gambling and Casino Control Commission has successfully prosecuted its third venue this year for breaching rules and regulations surrounding underage gambling. On 10 June 2023, a child entered the Peninsula
From Crypto Hub to Crime Links: Why Malta’s Gambling Applicant Was Denied a Dutch License
The Hague has upheld the Kansspelautoriteit’s (KSA) decision to refuse a remote gambling license to a Malta-based applicant. The rejection was based on concerns over the applicant’s integrity, and potential linked
Battle Over Sports Event Contracts: Tribes Urge CFTC to Reconsider Proposal
The U.S. Commodity Futures Trading Commission (CFTC) has received several strongly worded letters of opposition to sports events contracts from tribal associations and federally recognized tribes. Sports events, offered
UK Government Confirms Online Slot Stake Limits and New Gambling Levy Dates
The United Kingdom government has announced the date the upcoming online slot stake limits and the new statutory levy will come into effect. The announcement was made by the Department for Culture, Media and Sport