Highly Aligned Leaders in Legal Operations
The most recent compliance updates of the online and land based gaming industry in the European Union, Asia, Russia and Americas
UK’s Gambling Commission (UKGC) has proposed a set of new rules which will come into effect from 31 October 2018. The new rules are expected to ensure better protection and fairer treatment for consumers from the part of gambling businesses. The following are the five major points in the new rules that you must…
read moreThe Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ), Portugal’s gambling regulatory body, has issued a license to Spanish gaming company Luckia to operate online casinos and sports betting facilities. Luckia Gaming Group will operate in the country using the Luckia.pt domain. The Luckia.pt domain is still under wraps, which kind…
read moreRomania’s competition regulator has slapped a fine of €50,000 (£44,000/$58,000) on Westgate Romania on irregularities in completing a deal to acquire Stanleybet’s brands in the country. Westgate accepted that company completed the acquisition before deal was fully approved by the competition regulator. The admission of charges lowered the fine. Here is what happened. Westgate…
read moreA new draft bill has been proposed in the Duma, the Russian parliament, which would introduce new rules for gambling license holders. One of the significant rules is that company will lose the license if it is inactive for three straight months. Betting Business Russia also reports that there is proposal to amend current…
read moreBookmaker Mark Jarvis is to pay £94,000 and overhaul its social responsibility procedures after failing to protect a customer who was showing signs of problem gambling. Over a 19-month period the operator failed to follow customer interaction rules when a customer showed problem gambling traits, including spending £34,000 on B2 gaming machines in one betting shop.…
read moreThe government of Belarus has recently proposed a mandatory $1 Million security deposit for online gambling companies. The online gambling operators fear that this will adversely affect their business. While this is not a new thing – Italy requires a guarantee of € 1.5 million and Czech Republic requires € 1.1 million – this…
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