Kxhan

Germany Initiates Extensive Study on TV and Internet Gambling Advertisements

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…

Hard Rock Considers Investment in Star Casinos Consortium

Reports have surfaced indicating that Hard Rock is part of a consortium seeking to invest in Star Casinos. This potential investment, initially reported by the Australian Financial Review on May 20, suggests a significant rebranding and strategic shift for Star’s land-based casinos. The proposed plan involves rebranding all Star casinos under the Hard Rock name….

German Court’s Reimbursement Decision to Go to European Court

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…

Bulgaria’s Enhanced AML Regulations Now Compliant with Global Standards

Bulgaria has significantly fortified its anti-money laundering (AML) regulations, earning compliance with international standards according to a recent report by a Council of Europe oversight body. The Moneyval follow-up report indicates that Bulgaria has made notable improvements in its measures to combat money laundering and terrorism financing since a critical mutual evaluation report in 2022….