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To protect its citizens from the financial risks associated with online gambling, the Australian government has taken decisive action by banning the use of cryptocurrencies and credit cards for online gambling. This significant move, aimed at curbing the potential for financial ruin, underscores the country’s commitment to safeguarding the well-being of its populace. On June…
Sadiq Khan, the Mayor of London, is under increasing pressure to fulfill his 2021 election manifesto pledge to ban gambling adverts from the Transport for London (TfL) network. Despite his commitment, aimed at combating the destructive impact of gambling addiction on individuals and families, the ban has not yet been implemented. In a recent cross-party…
In a notable shift within the betting industry, two of the largest London-listed betting companies, Flutter Entertainment and 888 Holdings, have announced significant changes to their business strategies. This move signals a departure from their previous aspirations of global dominance, as both companies reported substantial financial losses. 888 Holdings Focuses on Core Markets 888 Holdings,…
The Isle of Man’s e-gaming industry has long been renowned for its commitment to maintaining the highest standards of player protection, a sentiment echoed by the sector’s regulator. Recent demonstrations in Douglas city center have brought to light concerns about gambling addiction, yet the regulatory body reassures the public of its rigorous measures in place….
The government has announced a significant shift in gambling regulations by allowing debit card payments on slot machines. This move aims to enable pubs, casinos, and slot venues to remain competitive in an increasingly cashless society. However, the use of credit cards on these machines will continue to be prohibited. Additionally, a cap will be…
In a fervent appeal for gambling reform, Sir Iain Duncan Smith urges the government to implement a mandatory levy on gambling companies to fund addiction treatment and tackle the industry’s detrimental effects. He emphasizes the necessity of decisive action against firms that “get away with literal murder” due to their negligence and lack of accountability….
Sky News has uncovered a startling trend: illegal crypto casino accounts are being openly sold on Facebook and Discord for prices starting as low as £8. These “ready-to-gamble” accounts allow users to bypass strict UK gambling laws, giving them access to unregulated and potentially dangerous gambling platforms. How Does It Work? Crypto casinos are currently…
The German Federal Gambling Authority, known as the Gemeinsame Glücksspielbehörde der Länder (GGL), has launched a comprehensive review aimed at evaluating the influence of television and internet gambling advertisements. This study will also investigate the impact on problem gambling and vulnerable groups within the population. Evaluating the 2021 Gambling Ad Regulations in Germany Titled “Gambling…
Entain, a prominent player in the global gaming industry, has been unanimously granted an unconditional license to operate in Nevada by the Nevada Gaming Commission (NGC). The approval, which came on May 1st, was followed by the issuance of the license on May 16th after a detailed presentation from Entain’s senior leadership team. This milestone…
Earlier this month, the Federal Court of Justice of Germany (BGH) was scheduled to address whether unregulated operators should be required to refund player losses. However, this highly anticipated hearing was abruptly cancelled after the defendant, an Austria-based sports betting operator, withdrew its appeal. This development has significant implications for the future of online gambling…
