Posts Tagged :

Compliance Updates

$4.3-billion-wagered-illegally-during-march-madness,-fueled-by-social-media-influence

$4.3 Billion Wagered Illegally During March Madness, Fueled by Social Media Influence

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  Latest analysis by online marketplace intelligence specialists, YieldSec, commissioned by the Campaign for Fairer Gambling (CFG), has revealed a stark contrast between legal and illegal online gambling activities during the 2024 NCAA Men’s & Women’s March Madness Basketball Tournaments in the US. YieldSec’s monitoring unveiled an overwhelming majority of betting-related social media posts and…

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Sightline Selects GeoComply for Identity and Geolocation Compliance Services

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  Leading fintech company Sightline has entered into an exclusive partnership with compliance and anti-fraud technology solutions leader GeoComply to bolster the security and efficiency of digital transactions within the regulated gaming industry. Sightline will integrate GeoComply’s cutting-edge IDComply identity verification solution as well as GeoComply’s compliance-grade geolocation tools across its comprehensive suite of digital…

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California Gambling Control Commission Approves Key Licensing Decisions Amid Regulatory Updates

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  The California Gambling Control Commission held a significant meeting on April 18, 2024, to discuss and decide on various licensing and compliance matters crucial for the operation and regulation of the state’s gambling entities. The California Gambling Control Commission’s agenda was packed with key issues ranging from the renewal of cardroom licenses to the…

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GoldenRace, first virtual sports provider certified in Peru

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  GoldenRace, global provider of award-winning Virtual Sports and betting solutions, has recently received the certification for its Virtual Sports product in the Peruvian market. At the beginning of the present year (February 2024), GoldenRace was registered in the country’s regulator portal, as well as obtained three certifications for Retail, Online and the Jackpot progressive…

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Galaxsys Attains Game Certification in Peru

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  Galaxsys continues to expand in Latin America with Peruvian Games Certifications.  Galaxsys, a well-known games studio in the gaming industry in the fast and skill games vertical, revealed today further global games certification in the Latin American market of Peru. The games certified for the Peru market include Blackjack, Crash, HiLo, Keno, Penalty, Rocketon,…

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MGCB Continues to Combat Casino-style Machines Used for Illegal Gambling

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  In a concerted effort to uphold the integrity of Michigan’s gaming industry and protect consumers from unregulated and illegal activities, the Michigan Gaming Control Board (MGCB) continued to identify and remove casino-style gaming machines last year from businesses and dismantle illicit gambling operations. Michigan law broadly prohibits any kind of gambling unless specifically authorized…

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