Tag: regulations

Award winning content provider Betsoft Gaming is pleased to announce that all technical and/or regulatory requirements have been met and that its diverse portfolio of games is compliant with the new German regulatory requirements as of the 15th October 2020.

Kangwon Land, South Korea’s only casino to accept local players, saw a 14 percent fall in net profit year on year for Q2 2018 as the impact of stricter regulations took its toll. The company reported that the net profit for the quarter…

New rules from the Gambling Commission, which come into force from 31 October 2018, mean gambling companies that break advertising rules or breach consumer law will face tougher action. The new requirements, which follow an open consultation, provide "stronger protection for consumers" and ensure they are treated fairly by gambling businesses The changes mean: - It will be easier to take action,...

Brazil’s largest state-owned bank and lottery operator, Caixa Econômica Federal (Caixa) reportedly wants to act as the supervisory body for both land-based and online gambling in the country.   Caixa’s president, Gilberto Occhi has stated that the legalisation of gaming could generate around R$20bn ($6.1bn) per year, with online gaming possessing the potential to generate the largest revenues. “The country does not...

As NagaCorp announced a new name for its Far Eastern integrated resort project, the Russian government has moved to take over control of the Primorye gaming zone from the regional authorities, amid concerns that development is falling behind schedule. NagaCorp has moved to rebrand its Primorye venture; the Cambodian operator said its project - previously known as Mayak (Lighthouse...

Following its first year of Regulatory Committees, the Gaming Standard’s Commission has added its first effort into effect through the CDI Standard. To date, nine regulatory jurisdictions are participating in monthly Regulatory Committee meetings, which help to support an open and transparent environment to address regulatory and industry challenges. The committee’s first effort has been input into the emerging Certification...

Gambling regulations to be overhauled in Antigua to improve management of casino industry.   Antigua’s government is planning to revamp its gambling regulatory structure in order to better manage its growing casino industry. However new proposals aiming to reverse the fortunes of the country’s diminishing online gambling sector many fall short of the mark. At the start of December, the Antiguan House...