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Sweden adopts new market controls against illegal gambling

SBC News Sweden adopts new market controls against illegal gambling

Swedish gambling stakeholders have been reminded of the new measures adopted to counter illegal gambling and match-fixing, which have come into force as of 1 July 2023. Q1 saw the Riksdag (parliament) approve new amendments to the Gambling Act (2018) ordered by the Ministry of Finance to enhance Swedish gambling’s market safeguards against criminality and match-fixing.    From 1 July, all …

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Hungary PSPs ordered to comply with new SZTFH commands

Hungary’s SZRT goes live with EveryMatrix betting platform

The Supervisory Authority for Regulated Activities of Hungary (SZTFH) has announced that starting from July 1, it will initiate a campaign of enforcement against unlicensed online gambling businesses. Updating relevant parties, SZTFH states that from 1 July it will be granted new regulatory powers to monitor illegal transactions. These powers have been granted under Hungary’s new “Act of the Reorganization …

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Peru finds resolution on new Gambling Law awaiting Dina’s sign-off

SBC News Peru finds resolution on new Gambling Law awaiting Dina’s sign-off

Peru is set to become the latest South American nation to launch an online gambling and sports betting marketplace, following the government’s promulgation of Law No. 31806. Announced by the National Gazette, Law No. 31806 was approved to modify Peru’s existing Gambling Law by establishing a regulatory framework for online gambling and sports betting transactions. The Law has been forwarded …

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Why iGaming should embrace the ‘Learning LOOP’

SBC News Why iGaming should embrace the 'Learning LOOP'

Optimisation and automation have become key buzzwords for the iGaming industry in 2023…Golden Whale Production’s Claudia Heiling sheds insights on the development of GWP’s LOOPS to help operators further refine their business processes by unlocking the power of machine learning. In the rapidly evolving world of iGaming, if you’re not moving forward, you’re standing still – and while many companies …

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Malta FIAU fines Glitnor €240k for AML failings 

SBC News Malta FIAU fines Glitnor €240k for AML failings 

The Financial Intelligence Analysis Unit (FIAU) of Malta has ordered Malta MGA licensee Glitnor Group to pay €236,789 for non-compliance with Anti-Money Laundering (AML) rules.  The penalty is related to a compliance review carried out in 2019, and includes a reprimand in line with Regulation 21 of the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR). The FIAU …

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DGOJ: Spanish Gambling maintains growth amid Advertising blackout

SBC News DGOJ: Spanish Gambling maintains growth amid Advertising blackout

Spain’s gambling market experienced considerable growth in the first quarter of 2023, despite a significant reduction in marketing expenditure, according to the latest report from the Directorate General of Gaming (DGOJ). The gambling authority published its Q1 financial report, detailing the continued growth of the sector as licensees grapple with stricter regulatory constraints on advertising and customer care duties. The …

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BoyleSports extends legacy sponsorship of Irish Greyhound Derby

SBC News BoyleSports extends legacy sponsorship of Irish Greyhound Derby

BoyleSports has reached an agreement with Rásaíocht Con Éireann (RCÉ) / Greyhound Racing Ireland (GRI) to extend its sponsorship of the Irish Greyhound Derby for an additional three years up to 2026. The announcement was made yesterday at the launch of the 2023 BoyleSports Irish Greyhound Derby at Ireland’s premier greyhound stadium, Shelbourne Park, in Dublin. The new sponsorship agreement …

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EGEH: British youth needs a voice to minimise gambling harms 

SBC News EGEH: British youth needs a voice to minimise gambling harms 

GamCare has notified stakeholders that the English Gambling Education Hub (EGEH) has published its first Insights Report after its initial networking event. The topic was the effectiveness of collaboration in addressing gambling harms among young people. EGEH is a cross-collaboration research hub formed of seven organisations funded by GambleAware – including GamCare, Aquarius, ARA, Recovery for All, Beacon Counselling Trust, …

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Labor Party calls for AUS blanket ban on gambling ads 

SBC News Labor Party calls for AUS blanket ban on gambling ads 

Australia’s governing Labor Party has outlined its support for a blanket ban on gambling advertising, stating that the country should not accept “another generation experiencing escalating gambling harms”.  Labor MPs have backed the findings of a parliamentary inquiry recommending a “ban on ads for online gambling across all media, to be implemented within a three-year period”. The inquiry follows months …

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