Published 24.09.2021 Author: Jake Category: News
The government will be giving the Norwegian gambling regulator, Lottstift, the ability to order internet service providers (ISPs) to block all access to sites ran by offshore operators. The regulator will be able to issue these orders once they can prove that not only a website offers gambling without a license, but they are also targeting Norway’s citizens.
It has been noted that Lottstift must
Abid Raja, the Minister of Culture, said: “These companies do what they can to circumvent Norwegian law. With blocking, we will be able to gag them. We will go as far as possible to get rid of these companies. We do not want DNS blocking, but we do not want the gambling problems these companies bring to the country.”
Published 24.09.2021 Author: Stephen Category: News
The British regulator found that EU Lotto had used “ineffective” threshold triggers for financial risk and also failed to identify and label customers that frequently changed their deposit limits as at risk. EU Lotto also failed to carry out sufficient financial and affordability assessments and conducted inadequate interaction with players who were at risk.
In regard to failing AML measures, they identified insufficient examination of
Helen Venn, Gambling Commission executive director, said: "This case, like other recent enforcement action, was the result of planned compliance activity. All operators should be very aware that we will not hesitate to take firm action against those who fail to meet the high standards we expect for consumers in Britain."
Lottoland CEO Nigel Birrell said: "Lottoland is fully committed to ensuring the highest standards of compliance, including its anti-money laundering and social responsibility obligations in all of the jurisdictions in which it operates."
"The Gambling Commission fine was related to legacy issues around some of our compliance controls which have now been addressed. Lottoland has extensive compliance measures in place, and we are confident that our current policies and processes meet all relevant standards."
"Remedial action taken included significantly increased investment in our compliance function, more than doubling headcount, alongside a host of other initiatives including bringing in third-party support, enhancing training and a review of key policies."
"In addition, we recently committed to building our individual processes into an automated system to improve the system even further."
Published 23.09.2021 Author: Jake Category: News
As stated in the new regulations, operators cannot “provide players with any bonus payments, and/or providing goods or services through incentives, the provision of which is directly or indirectly due to the losses of a player in a certain game”.
Gamblers in the Ukraine market must have
It was also noted that all staff who work in the industry, must receive extensive training which will enable them to detect early signs of problem gambling, so that action can be taken to prevent harm.
KRAIL, the local regulator of Ukraine, said: “Responsible gambling is a basic principle of organising and conducting gambling, and involves the implementation of measures to prevent and minimise the negative consequences of individual participation in gambling, as well as measures aimed at organising self-restraint and self-control for players. The consequence of following the principles of responsible play is to increase the reputation of the organisers among the players.”
Published 22.09.2021 Author: Jake Category: News
The timing of launch will allow for the state to take full advantage of the last three months of the regular season of the NFL, which tends to be the most important season for sports betting revenue in the country. Connecticut is the sixth-wealthiest state in the US, based on the average household income, making this state a prime target for
It has been reported that one of the main motivations behind the legislation being passed, was the amount of tax revenue it would generate. The state would be collecting 18% on online casino gambling, which will be increasing to 20% after five years. It will now also collect 13.75% on all sports betting and fantasy sport revenue.
It is expected that sports betting in Connecticut will generate around $28 million in taxes in the current fiscal year and will only increase from there. We can only imagine the amount of revenue that will be up for grabs for operators and the amount of potential commission for affiliates in the market.
Published 21.09.2021 Author: Jake Category: News
In the announcement, they stated that they will share both complaints and alerts they receive and make joint decisions on how to manage them. The collaboration has been designed to better guarantee the security of the media offer and to protect vulnerable groups, such as minors and problem gamblers.
The newly regulated market is set to open on the 1st of October, under the new Remote Gambling Act. As gambling advertising is a big topic of discussion, the KSA has said they will monitor the advertisements to ensure that they are not
On the other side of the deal, the Commissariaat Voor de Media (CdvM), will be handling the responsibility of the Media Act which will be enforced from the 1st of November. This act includes a number of typical rules, along with one that stands out – there will be a complete ban on adverts being shown on television and radio between 6am and 9pm.
The KSA said: “The new rules prompted the Commissariaat and the KSA to start working together more closely. The principles for the cooperation are laid down in a protocol. In this agreement, the bodies said they would coordinate complaints and signals about advertising for games of chance and providers of games of chance. In addition, knowledge and information are shared.”
Published 20.09.2021 Author: Jake Category: News
The breakdown of the various contributing markets started with iGaming bringing in a total of 97.2 million, which broke the prior record of $95.1 million set in March. As for online sports betting, this added the remaining $15.9 million in revenue, from a total handle of $192.3 million. Although the sports betting revenue was
Both online sports betting and iGaming were only launched in Michigan in January of this year, with a total of 14 approved operators in the state. This early growth is a great sign of what is to come in the next couple of years.
Published 20.09.2021 Author: Jake Category: News
It has been reported that the SB 688 bill will start in the House Commerce Committee, before being handed onto Judiciary 1, House Finance and then House Rules, which will decide when the bill goes to the floor for a full chamber vote. There is a limited time on this, as the legislative session is closing and if the House doesn’t make a move on this now, they
Destin Hall, the House Rules Chairman and one of the key leaders in the House Republican majority said: “I don’t know if it’ll pass or not, but we referred it out, and if those committee chairs want to hear it, they can. I expect they probably will, but, in terms of timeline, I don’t know.”
It is incredibly reassuring to see these new markets start to open up, as an affiliate, providing further opportunities to target and benefit from.
Published 17.09.2021 Author: Stephen Category: News
The state’s gaming tax revenue figures are still below the pre covid-19 pandemic $1.4bn that was generate in fiscal year 2019. However, the first year of sports betting and lottery really helped boost the numbers, which compensated for the
The report said that overall lottery sales for 2021 were up by 22%, equalling to more than $3.4bn, the highest total since the Illinois lottery began, back in 1975. Sales were up by $600m in comparison to the previous year.
Published 16.09.2021 Author: Jake Category: News
Following on from four months of lower handles, Iowa has recorded an increase in sports betting for the first time since March 2021. Although these figures make it seem that sports betting has flopped in the state, we must consider that when compared to August 2020 the sports handle is up over 115%.
A key takeaway from these figures is the volume of online sports betting in particular
Sports Betting in Iowa was only legalised in August of 2019 and the first year saw a total amount wagered of $400 million. When this is compared to their current monthly figures, we can really appreciate the amount this market has flourished.
Published 16.09.2021 Author: Stephen Category: News
Back in May this year, all betting and gaming operators were told by Northern Irelands minister for communities, Deirdre Hargey, to prepare for statutory changes to the gambling legislation.
Deirdre Hargey said: “Gambling legislation has remained largely unchanged since it was enacted thirty-five years ago. As a result, gambling regulation
Quite a few changes are planned to be made but allowing high-street betting shops and bingo clubs to open for business on Sundays and Bank Holiday, will be one of the biggest changes made to the gambling regulations.
The adjustments focused on land-based operation have successfully passed the first phase. However, the minister said that the second phase will require a much longer timescale in order to address a regulatory framework concerning online gambling.
Affiliates involved with the Northern Ireland gambling market should keep an eye on any changes being made to regulations, as it could affect the way they refer any players.
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