Gambling companies are required to develop their own policies and rules for identifying and managing the risk of money laundering and terrorist financing, both in terms of customers, activities performed, and types of transactions.
In early 2002, the Greek authorities banned all forms of online gambling, later in 2011 issuing temporary licenses. After ten years of domination by a state-run monopoly, the Hellenic Gaming Commission has moved to issue permanent licenses again and develop the country’s gambling industry.
Obtaining an online gambling license is an important step in opening an online casino or sports betting business. Although some operators consider the application process to be complex and daunting, it is important to note that the long-term benefits of a license far outweigh the investment in money and time.
Canada sports betting is Legal and is ready to launch next months as the Canadian Parliament amended the nation’s Criminal Code to allow for single-game wagering Tuesday. The Senate of Canada passed Bill C-218 without any amendments Tuesday, 57-20 with five abstentions. Now, the bill heads to the Governor-General for royal assent to become law, likely within the next few days. The passing of the … Continue
The Alabama Senate passed Bill 310, which legalizes sports betting and land-based casino games with a 27-4 vote. The bill will allow operators to operate casino games, including slots, historic horse racing machines, video lottery terminals, and table games such as poker, baccarat, roulette, and blackjack, in one of the six locations in the state. The six locations where licensed operators can operate are in … Continue
Arizona Gov. Doug Ducey has signed House Bill 2772 this Thursday that will allow Arizona consumers to bet on sports at tribal casinos and fantasy sports sites owned by major league sports teams. The previously existing tribal-state pact was due to expire in the next few years, but the implementation of House Bill 2772 will update this agreement. The new measure approved by the Legislature … Continue
The Dutch National Lottery (Nationale Loterij) has declared its intention to separate online accounts for lottery and sports betting, ahead of the country launching its regulated online gambling market in 2021. Starting from 1 March 2021, customers that want to place online sports bets and also play lottery games over the internet will need to have separate accounts for each vertical. The Dutch National Lottery … Continue
On August 21st, Governor J.B. Pritzker reissued the order suspending the in-person registration, allowing players in Illinois to sign up for online sports betting account without travelling to a physical location. The order for remote registration will be in force until September 19 at the earliest. It had been implemented from June 4th and was due to be in force as long as Illinois’ Gubernatorial … Continue
The California Senate Committee on Government Organization has approved a constitutional amendment bill to allow sports betting in the state. In a partisan 9-3 vote, with all Democrats on the committee voting for the bill and all Republicans against, SCA 6 – proposed by committee chair Bill Dodd – was adopted. The bill has now been referred to the Senate Committee on Appropriations, with a … Continue
The Ohio House of Representatives approved the gaming House Bill 194 that would legalize both retail and mobile sports wagering in the US state. The bill will put the Ohio Lottery Commission in charge of regulating the system and would tax betting receipts at 10%, sending net proceeds to education and gambling-addiction programs. It would allow mobile betting, and also would permit certain veterans’ and … Continue
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