Posts From: September 2020

Unikrn agrees to pay $6.1 million fine to SEC, disable its UKG token

Cryptocurrency startup Unikrn, which raised $ 31 million during the ICO in 2017, will pay a fine for the unregistered sale of securities. This was announced by the US Securities and Exchange Commission...

Regulation
Australia’s Star casino fined $90,000 after 12-year-old girl caught gambling

The Star Casino has been fined $90,000 over three instances involving children gambling and being served alcohol, including a 12-year-old girl whose parents snuck her in to play the pokies....

Regulation
GVC regulatory chief: German regulation will fuel black market

German gambling is on the brink of a revolution. From July 2021, regulation will come into force that will allow the registration of an unlimited number of sports betting providers,...

Regulation
California Pulls Sports Betting Bill After Tribal Opposition

California sports betting’s prospects took a major hit Monday that will lead to a significant delay for bettors hoping to see legal, regulated wagering on pro and college athletics in...

Regulation
Betsson Group to appeal Swedish £1.7m fine

Betsson Nordic the operational subsidiary of Betsson AB which operates the Betsson brand in Sweden, has been issued a warning and a sanction fee of SEK 20 million ( £1.7m...

Regulation
MGA signs Data-Sharing Agreement with the Darts Regulation Authority

A data-sharing agreement has been signed between the Malta Gaming Authority (MGA) and the Darts Regulation Authority (DRA), the regulatory authority for the sport of darts, worldwide. The DRA is...

Regulation
The Danish Gambling regulator issues warning over bingo games

The Danish Gambling Authority has seen an increase in bingo events, for example via Facebook or as drive-in events. When money is required to participate in this type of game,...

Regulation
The French Competition Authority fines PMU €900,000

The French Competition Authority has imposed a fine of 900,000 euros on the PMU for having infringed the competition rules by not separating, for certain races, the bets recorded online...

Regulation
Ceasers to pay record £13m UKGC fine over VIP and AML failings

The UK Gambling Commission has announced that Caesars Entertainment UK Limited is to pay £13m and must implement a series of improvements following a catalogue of social responsibility, money laundering...

Regulation
Kindred Group subsidiary fined SEK100m for bonus breach

Kindred Group has received a warning and sanction fee in the sum of SEK 100 million from the Swedish Gambling Authority for offering incentives in early 2019 in a way...

Regulation