The money laundering phenomenon has reached worrying levels worldwide and in order to prevent this phenomenon and ensure a legal framework, the European Union has extended its regulatory scope to cryptocurrency service providers and digital wallet providers. The EU based its decision on the ease and speed with which anonymous accounts can be opened, the conversion of money illegally, and the existence of the means … Continue
Last Thursday, the Andhra Pradesh government announced that it has banned online betting games, including poker and rummy. Under the new regulations, organizers of online gambling games could be jailed for up to one year, and for two years in case of repeated convictions. The players themselves can be jailed for six months. Technically, not a ban on online gambling However, the government will not … Continue
After a study that predicts an increase in the number of consumers using offshore sites for online betting during the 2020-21 National Football League (NFL) season, the American Gaming Association (AGA) called for more work to combat illegal online gambling sites. Starting today (September 10), with Kansas City playing the Houston Texans, more than 33.2 million American adults will place some form of bet on … Continue
The Netherlands online gaming postponed yet again, and the Remote Gambling Act is set to come into effect on March 1, 2021, while the market will be ready to start on September 1. The Minister for Legal Protection Sander Dekker confirmed in a letter that the legislation would come into force two months later than planned and that the market will open six months later. … Continue
In Romania, according to a draft government decision under public debate at the Ministry of Economy, the lottery games could be played online or at terminals located in shopping malls, without the need to travel players to the headquarters of the agencies. The GD could change the way they play the lottery, in the context of the coronavirus pandemic, so that people no longer have … Continue
