Gambling License Consulting Blog - Page 12 of 20

MGA requests silence on Covid 19 pandemic

March 28, 2020

The Malta Gaming Authority (MGA) requests silence on the Covid 19 pandemic and is warning the licensees about the consequences of irresponsible communication during the pandemic. The MGA issued a notice warning licensees that the current pandemic could be causing distress to players and that the gaming industry has to deliver “socially responsible commercial communications with respect to COVID-19.” In his Commercial Communications Regulations, The … Continue

Tribal sports betting bill signed by Washington’s Governor

March 26, 2020

Jay Inslee, Washington’s Governor has signed the House Bill 2638 that will legalize the sports betting at tribal gambling facilities in the state. The bill authorizes in-person sports betting at tribal casinos, as well as on-premises mobile wagering. Confirmation of Inslee’s signature means that Washington becomes the first US state to legalize sports betting in 2020. Washington’s House of Representatives cleared the bill by a … Continue

New gambling regulations approved in Germany

March 13, 2020

The German lawmaker approved the new gambling regulations that will legalize online poker and casino from 1 July 2021, as well they decided on the location of the new regulatory authority. The Glücksspielneuregulierungstaatsvertrag (GlüNeuRStv), which expands the nationally regulated igaming market beyond online betting for the first time, must now be ratified by each state parliament and submitted to the European Commission for approval before … Continue

The Netherlands Issues New Gambling Regulations

March 13, 2020

The Netherlands’ government published new regulations regarding the measures set out in the Remote Gaming Act, that aim to enable the parliament to submit comments on the proposed rules. The regulations set out how gambling operators can conduct business in the Netherlands, and what conditions must they fulfil in order to secure a licence. A five-years awarded to the operators, by the Dutch gambling regulator … Continue

Taxation of sports betting organizers in 2020

March 13, 2020

In Romania, the specific taxes for sports betting activity and the payment terms, are provided in the special regulations, the fiscal procedures, and practices that are found in the common regulations, in the form of fiscal and accounting procedures. This article will summarize the gambling activity of the traditional bets type, with all the three components: mutual bets, counterparty bets, and fixed odds bets. Specific … Continue

Irresponsible betting ad banned by ASA

March 11, 2020

The UK’s advertising standards authority (ASA) has upheld a complaint against matched betting service Profit Accumulator for suggesting that matched betting could be a solution to financial problems. The complaint concerned two posts on Profit Accumulator’s Instagram account. The first showed an image with the text “Colossal Win 2,380.50” and the caption “Absolutely amazing win from one of our members 12 minutes ago,” followed by … Continue

Sports betting bill approved by Maryland Senate

March 11, 2020

Senate Bill 4 bill that would legalize sports betting in Maryland was passed by the Senate by a landslide vote of 47-0. The Bill will now progress to the House of Representatives, with a hearing in the Ways and Means Committee scheduled for March 19. Introduced by Craig Zucker in January this year, SB 4 sets out measures for both land-based and online sports wagering … Continue

Turkey bans illegal gambling websites

March 10, 2020

The ruling AK Parti in Turkey, introduced a new package of bills including one that would allow authorities to ban foreign-based and illegal sports betting sites. Turkish authorities blocked popular websites including Wikipedia and YouTube at different times. Gambling, cryptocurrency and online gaming websites are no exception and authorities already block access to several sites, in their crackdown against illegal betting. Like several other markets, … Continue

Nigeria increases its effort to fight corruption

March 10, 2020

The NLRC and the CAC have united in a new partnership to improve standards, reduce corruption, and better regulate the lottery sector in Nigeria. The Nigerian National Lottery Regulatory Commission (NLRC) and the Corporate Affairs Commission (CAC) have joined efforts to fight “unscrupulous companies” operating in its gambling industry. Lanre Gbajabiamila, Director-General of NLRC declared that “This collaboration has been long overdue (…) Our mandate … Continue

Michigan sports betting starts March 11

March 9, 2020

Regulated Michigan sports betting is set to begin on March 11, with Detroit’s three commercial casinos expected to be authorized to launch retail wagering by the Michigan Gaming Control Board. If the Control Board meeting on March 10 should license the casinos – MGM Resorts’ MGM Grand Detroit, Penn National Gaming’s Greektown Casino, and the privately-owned MotorCity Casino, they could launch at 1 PM the … Continue

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