Tag Archives: regulation

InBet Games: Innovating around regulatory certainty

regulatory - Copyright: convisum / 123RF Stock Photo

One of the most important themes running through the gambling sector today is the issue of regulatory oversight, writes Pavel Korolev, Business Development Director for InBet Games. The issue of regulatory oversight is of paramount importance to every gambling operator; what you can and cannot do in any given jurisdiction varies from country to country and keeping on the right …

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Operators charged over unfair bonus terms as CMA gets tough

Copyright: macgyverhh / 123RF Stock Photo

The Competition and Markets Authority (CMA) is launching enforcement action against a number of online gambling operators suspected of breaking consumer law with their labyrinthine bonus terms and conditions. As part of an ongoing investigation, the CMA is acting because it believes people aren’t getting the deal they expect from sign-up promotions and operators are unfairly holding on to people’s money. The …

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Cause for concern on eSports betting

Susan O’Leary, Alderney’s director of eCommerce, says she is concerned by a lack of regulatory oversight for operators offering betting markets on eSports.  The rise of eSports has provided egaming operators with a raft of opportunities. Whether that be sportsbooks offering betting markets on tournaments or online casino affiliates expanding their portfolio with eSports review sites, opportunities are a plenty …

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Philippine Key Regulator Opens Door To Online Gaming

Bill Beatty, editor in chief of calvinayre.com, takes a look at how the laws are changing in the Philippines, where the new president Rodrigo Duterte has caused a shake-up to how the industry operates.   Philippine gaming regulators are bracing for a new challenge now that they’re planning to assume oversight of the nation’s online gambling industry. The Philippine Amusement and Gaming …

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Equiom’s Peter Greenhill: ‘a very different player experience required in Asia’

Peter Greenhill, recently recruited as Head of eBusiness by Equiom Group, explains how his new firm fits into the gaming eco-system and why it decided to become a sponsor of the Asian Spring Social, organised by AGBrief and SBC.  SBC: Hi Peter, great to catch up. As a gaming and eBusiness leadership veteran, what attracted you to join the Equiom Group …

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Time for bookmakers to wake up and smell the coffee on AML rules

Licensing expert David Clifton, of gambling consultancy Clifton Davies, takes a look at the recent movement by the regulator to tighten up money-laundering processes and doesn’t see any good news for bookmakers. The recent publication on the Gambling Commission’s website of a public statement highlighting failures in Paddy Power’s anti-money laundering (AML) and social responsibility processes is the latest in what …

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Paddy Power pulled up for anti-money laundering failures

Paddy Power has been pulled up for ‘serious failings’ in its anti-money laundering and social responsibility processes following a Gambling Commission investigation. The bookmaker has also agreed to contribute £280,000 to socially responsible causes after failing to keeping crime out of gambling and protect vulnerable people. The failings relate to the way Paddy Power handled relationships with two customers at …

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Isle of Man has strong approach to player protection

The Isle of Man has been hailed as a strong regulator when it comes to player protection laws. Speaking at the KPMG eGaming Summit Isle of Man, Annexio Managing Director Jennifer Houghton highlighted the regulations that help protect a player’s money as particularly successful. In a presentation on the ‘Multi-jurisdictional Licensing Process’, she commented: “One of the key strengths of …

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FanDuel hits back after being told to ‘cease & desist’ in New York State

DraftKings and FanDuel have been dealt another regulatory blow in the US after New York Attorney General Eric Schneiderman sent the two Daily Fantasy Sports (DFS) operators cease-and-desist letters demanding that they stop ‘illegally accepting wagers in New York State’. Schneiderman’s actions come after his office conducted a one-month investigation into DFS which concluded that the daily contests are essentially …

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Scottish councils given a nudge over their licensing functions

The UK Gambling Commission has published an update to its advice note – The Role of Authorised Persons – Scotland – to communicate the regulator’s view on Authorised People to local councils and authorities north of the border. UKGC comments that authorised persons in Scotland – including police officers and officers of licensing authorities – have an important role to …

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