Gambling Clear News
Hungarian gaming regulator the Supervisory Authority for Regulated Activities (STFHZ) has fined an unnamed private individual HUF 30m (£70,000/ $87,000/ €79,000) for organising a real estate lottery. The regulator warned that such activities, where real estate or cars were given away as part of a lottery, are considered games of chance, and that neither private
Troubled Australian casino operator The Star Entertainment Group is to engage new cost and restructuring initiatives as the business warns that it is experiencing “a significant and rapid deterioration in operating conditions”. Star, which has been the target of multiple parliamentary inquiries into misconduct, said that it intends to restructure due to the compounding impact
There have been a number of concerns regarding the proposed 15% tax rate on gross gambling revenue in Brazil, with one high profile stakeholder arguing the true rate could be 26.25% after additional contributions. On 12 April, Brazil’s Ministry of Finance held a public audience in Brasilia announcing that that it would be imposing a
A number of industry sources have informed iGB that the long-awaited Gambling Act Review White Paper is due to be released as early as Monday 17 April. iGB understands that speculation has come to a head with industry sources widely expecting that the White Paper is due to be released next week, perhaps as early
Regulatory compliance business GeoComply announced that would be hiring former US Secret Service special agent Michael Dawson to its risk services team. Dawson – who served 23 years with the federal law enforcement agency – will become a law enforcement liaison for the company after a career that saw him become a proficient investigator of
Two separate Texan gaming bills – HB 1942 and HB 2843 – passed through the House State Affairs committee at 9-3 votes. The bills will now head to the House Calendar committee where lawmakers will decide whether they will come up for a vote on the floor of the House. The first piece of legislation – House Bill
Gambling operator Top Sport has been fined €15,000 (£13,170/$13,308) by the Lithuanian Gambling Supervisory Authority for breaching regulations over remote gaming. According to the regulator, a Top Sport player using a payment card belonging to another person to deposit €14,965 into his account with the operator. Lithuanian law states that licensed operators may only accept
A number of experts have reacted to the GB Gambling Commission’s £19.2m (€21.9m/$23.7m) record regulatory settlement against William Hill. The Commission imposed the settlement on William Hill Group and its subsidiaries over a number of serious social responsibility and anti-money laundering (AML) failings, which took place between 2020 to 2021. The settlement represents the largest
In Texas, the proposed sports betting legalization bill House Bill 1942 hangs in the balance as pro and anti-industry voices battle it out in the State House of Representatives State Affairs Committee. On Wednesday (March 22), Texas lawmakers debated the bill, which would legalize mobile sports betting in the Lone Star State. The proposed law
A number of operators have voiced concerns about the Gambling Commission’s capacity to implement the provisions related to the upcoming Gambling Act Review white paper. The submissions came during a call for evidence for the Digital, Culture, Media and Sport (DCMS) select committee inquiry into gambling regulation. A number of the UK’s leading gambling operators
