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ukgc:-new-consultations-on-financial-penalties-and-ownership-reporting

UKGC: New Consultations on Financial Penalties and Ownership Reporting

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Reading Time: < 1 minute   The UK Gambling Commission has launched a new set of consultations as part of its ongoing work to ensure effective regulation. The consultations, which will run for 13 weeks, will cover financial penalties and financial key event reporting. Financial penalties If operators breach regulatory rules one possible action following…

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Charles Mizzi Appointed as MGA CEO

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Reading Time: 2 minutes   The Board of Governors of the Malta Gaming Authority has selected Charles Mizzi to succeed Carl Brincat as Chief Executive Officer of the MGA, with effect from 26 January 2024, in terms of article 6(2)(a) of the Gaming Act (Cap. 583 of the Laws of Malta). The appointment follows the…

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Denmark to Phase Out 1000-Krone Banknote by May 2025

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Reading Time: < 1 minute Denmarks National Bank has recently announced that they will phase out the 1000-krone banknote. Among other things, the 1000-krone banknote will be phased out with a view to combating and preventing money laundering. The 1000-krone banknote will not become invalid until 31 May 2025. The police expect that the criminals…

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Playson secures Gibraltar B2B remote gambling licence

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Reading Time: < 1 minute   Award-winning supplier eyes further international growth with latest licence approval Playson, the fast-growing digital entertainment supplier, has been granted a B2B licence by the Gibraltar Licensing Authority, a move that will supercharge its ambitious growth plans. Gaining this sought-after licence follows a strong year of growth for Playson and…

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Liechtenstein Govt Extends Online Gambling Ban Until 2028

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Reading Time: < 1 minute   Online gambling will continue to be prohibited in Liechtenstein until 2028 after the government extended its ban. Gambling was legalised in Liechtenstein in 2010. However, the inability for online operators to gain a licence means online gambling is unavailable in the country. This fresh extension on processing of online…

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Tabcorp Awarded New 20-Year Victoria Licence

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Reading Time: < 1 minute   Tabcorp has been awarded the new 20-year Victorian wagering and betting licence by the Victorian government, commencing from August 2024. The new licence comes without a racing industry joint venture or obligations, ending the current agreement with the Victorian Racing Industry. Tabcorp said that had the licence terms been…

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