Wynn Resorts fined $5.5m for unregistered international money transmissions
Summary The Nevada Gaming Control Board has slapped Wynn Resorts with a hefty $5.5 million fine due to their unregistered international money transmissions at their Las Vegas hotels. This is not the first time such fines have been issued, as the Nevada Gaming Commission has also penalised MGM Resorts and Resorts World Las Vegas in […]
TGP Europe leaves GB market following Commission investigation
Summary TGP Europe has exited the British gambling market after a Commission investigation revealed serious regulatory breaches. The company surrendered its licence following a £3.3 million penalty for failing to conduct proper due diligence and breaching anti-money laundering (AML) rules. The investigation highlighted TGP’s deficiencies in checking third-party ownership and funding sources, as well as […]
Indonesian Islamic Authority Warns Gov’t: ‘Don’t Even Think About Legalizing Casinos’
The Indonesian Ulema Council (MUI) has firmly opposed any plans to legalise casinos in Indonesia, following a suggestion from a lawmaker. Galih Kartasasmita, a member of the Golkar Party, noted that the UAE is moving towards legal casinos, arguing that Indonesia could benefit similarly. However, MUI emphasised the importance of cultural and religious traditions, advising […]
ACMA Penalizes PointsBet for Breaching Spam and Self-Exclusion Laws
The Australian Communications and Media Authority (ACMA) has hit PointsBet with a hefty fine of AUD 500,800 for breaching spam and self-exclusion laws. PointsBet’s blunder included sending promotional emails to consumers who had opted for self-exclusion, illustrating a severe disregard for consumer protection laws. Key Points PointsBet fined AUD 500,800 for spam violations and contacting […]
US commercial gaming revenue sets fourth consecutive record in 2024 but CEO outlook still slightly negative
Summary In 2024, US commercial gaming revenue reached a remarkable $72 billion, marking the fourth consecutive record year as reported by the American Gaming Association (AGA). Although more than half of the states achieved all-time highs, economic uncertainties are raising concerns among industry executives regarding future performance. Key Points US gaming revenue soared by 7.5% […]
AGCO calls on media platforms to step up the fight against unregulated online gambling sites
The Alcohol and Gaming Commission of Ontario (AGCO) is taking a strong stand against unregulated online gambling sites. They have contacted numerous media platforms, urging them to halt the promotion of these sites, such as Bodog, which target Ontario residents despite being unregistered. The AGCO emphasises the importance of player protection and the need for […]
South Korean Man ‘Launched Illegal Gambling Site With Help from North Korean Hackers’
South Korean authorities are investigating a man suspected of collaborating with North Korean hackers to establish illegal gambling websites, allegedly making billions of won in profits. The Seoul Central District Prosecutors’ Office is interrogating a man in his 50s who allegedly communicated with the hackers via the Telegram app before launching the site. Source: CasinoBeats […]
Dutch government confirms Nederlandse Loterij and Holland Casino will not be privatised
Summary The Dutch government has confirmed that the Nederlandse Loterij and Holland Casino will remain under state control. This decision comes as the government seeks to improve online gambling regulations and enhance player protection measures. The idea of privatising these entities had been considered in light of recent discussions, but ultimately was deemed impractical at […]
Bill Tied To Queens Casino Bid Passes New York Assembly
The Metropolitan Park casino bid has successfully moved through the New York Assembly, paving the way for its legislative approval. This significant step brings the proposed casino closer to realisation amid the competitive landscape for downstate licences. Key Points The re-zoning bill essential for the Queens casino bid passed in the Assembly with a 32-2 […]
UK publishes land-based reforms, operators to expand gaming machine offering
Long awaited land-based casino reforms have been published by the UK government, paving the way for operators to increase their gaming machine offering. Rank Group is already gearing up to expand its gaming inventory following these changes. Key Points The UK government has announced draft proposals that could allow casinos to increase their number of […]
