“`html Armenia Confirms New Fees for Online Gambling The Armenian National Assembly has approved significant increases in fees for online gambling, set to take effect from April 1. The changes aim to raise approximately AMD 13 billion (€32 million) for state funds while also addressing concerns about gambling addiction by reducing incentives for operators. The […]
“`html Sri Lanka urged to accelerate Casino Regulatory Authority establishment | AGB Sri Lanka’s Committee on Public Finance has pressed for the urgent establishment of a Casino Regulatory Authority to combat revenue losses from the unregulated online gambling sector. They have noted the absence of a regulatory framework for the growing online gambling industry, despite […]
“`html Ireland Launches First Fully-Funded Gambling Addiction Treatment Program On March 11, 2025, Ireland introduced its first fully-funded gambling addiction treatment programme aimed at addressing the significant number of individuals suffering from gambling addiction. This initiative, supported by the Health Service Executive (HSE), offers an integrated approach combining group work, psychoeducational seminars, and individual counselling […]
“`html Former Australian Crime Intelligence Head Issues Warning Against Over-Regulation, Excessive Taxation of Gambling Industry The former head of the Australian Criminal Intelligence Commission (ACIC), Michael Phelan, has raised concerns about the over-regulation and high taxation of Australia’s gambling industry. Speaking at the Regulating the Game conference in Sydney, Phelan warned that excessive measures could […]
“`html Market liberalisation will better protect players, says Norway Conservative party politician Tage Pettersen, a Norwegian politician from the Conservative party, advocates for ending the current gambling monopoly to better safeguard players against grey market operations. During an interview, he highlighted that approximately 50% of Norway’s online gambling activities are managed by offshore operators, stressing […]
In the ever-evolving landscape of responsible gaming, the role of the Chief Risk Officer (CRO) presents a series of complex challenges that require a refined understanding of compliance. Let’s delve into the dynamics of risk management and compliance within the gaming sector, and consider how CROs can better position themselves to nurture accountability and transparency […]
“`html The Lithuanian Gaming Control Authority (LPT) has completed its inspection: Olympic Casino has been fined almost 8.4 million euros Summary The Lithuanian Gaming Control Authority (LPT) has imposed a fine of almost 8.4 million euros on Olympic Casino Group Baltija for failing to properly monitor and verify the funds of a customer suspected of […]
“`html Armenian Parliament Approves Gambling Tax Hike The National Assembly of Armenia has enacted a significant increase in taxes for online casinos and bookmakers, with the new rates set to double starting from 1 April 2025. This legislative move aims to redirect gambling revenues into the economy and tackle issues linked to gambling addiction. Key […]
“`html Veikkaus Sales Decline as State Operator Prepares for Competitive Regulated Gambling in Finland The Finnish state-controlled gambling monopoly, Veikkaus, has reported a decline in annual sales for 2024, anticipating significant changes in the market as it gears up for competition. The government plans to open the gambling market to regulated competition in 2026 or […]
“`html Sarah Eternal SRL Fined €900,000 by Dutch Regulator Summary The Kansspelautoriteit (KSA), the Dutch gambling regulator, has imposed a fine of €900,000 on Sarah Eternal SRL for unlawfully offering gambling services through its CasinoSky website. The website provides games of chance but lacks a valid licence in the Netherlands. This follows a previous fine […]
