Swedish gambling body supports plan for increased AML penalties
The proposal BOS responded to – which was first floated by the ministry of finance in June – would see the penalties imposed on companies for money...
Play971 secures content deals with IGT and Endorphina
Play971, the United Arab Emirates’ first licensed online gambling platform, has signed content partnerships with global gaming suppliers IGT and Endorphina. The deals, publicly announced on 21...
Sharp Alpha Advisors raises $10m for betting tech startups
The fund has already provided financial support to 11 startups, including Players’ Lounge, PickUp and Prophet. Initially, the fund will focus on donating to sports betting startups...
Online casino included in imminent Brazil gambling regs
Bill No 3626/23 amends PM No 1,182 issued by Brazil president Luiz Inácio Lula da Silva in July. If passed, the law would keep in place the...
Brazil Supreme Court president warns illegal betting platforms are used to move illicit funds
Justice Edson Fachin, President of the STF and CNJ, stated organised crime has infiltrated illegal online betting operations to move illicit funds. He made this statement...
Cola Group announces $14.5m investment in igaming expansion
The brand’s Nigerian licence adds to its presence in Africa, where it already held licences in the jurisdictions of Zambia, Kenya and Ethiopia. The Nigerian sports betting...
Bally’s to launch online casino in Britain with rebranded Megaways site
Bally Casino will replace Gamesys’ existing Megaways Casino site. Megaways Casino completes its decommission on 17 September. The rebrand marks Bally’s entrance into the British online casino...
Netherlands gambling ad ban will ‘hand the entire stage to illegal operators’ warn experts
The Dutch state has decided that the best gambling advertisement is no gambling advertisement. In June, the cabinet proposed a near-total ban on online gambling advertising, with...
PGCB fines Parx Casino operator for underage gaming
The fine pertains to a breach in underage gaming laws, where an 18-year old was permitted to enter the gaming floor and gamble on slot machines in...
Better Collective buys Danish football site Tipsbladet
Better Collective is purchasing Tipsbladet for €6.5m (£5.59m/$6.94m) on a cash and debt-free basis. The affiliate will finance the figure with cash and pay it in three...
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