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BGO fined by the UKGC for ad failings

The first financial penalty has been issued on Tuesday, by the UKGC (United Kingdom Gambling Commission) to BGO for advertising failings on its website. The UKGC issued the £300K fine to the online gambling operator for “misleading advertisements” for 9 adverts on its own website and 14 more ads on its affiliates’ websites. As per […]

Philippines crack down on online gambling firms

Philippines online gambling firms that are currently operating in the country’s state-sponsored economic zones are no longer welcome to stay. Authorities of the country have banned online gambling companies from operating in the accredited sites of the country. This decision was taken following the meeting between The Philippine Economic Zone Authority (PEZA) and BPO (Business […]

Cyprus finalises casino evaluation process

Cyprus is now waiting for the authorisation process to be completed. Once it’s done, the construction of the casino that will be operated by a Melco-Hard Rock consortium will start. Cyprus Mail reported, that the news of the evaluation process being finalised, were announced by Tourism Minister Giorgos Lakkotrypis during the opening of the 20th […]

Russia targets VPN providers for allowing access to government’s website blacklist

Russia has requested VPN (virtual private networks) services to stop providing access to blocked domains. Russia’s telecom watchdog Roskomnadzor has urged VPN services to ensure stricter conditions of access to international websites, including online gaming platforms. Such move can only mean further limitation on iGaming industry development. Following a nationwide plan to fight against gaming […]

Finland wants to keep state-run gambling

Nordic countries have become attractive to international gambling companies. Finland, in particular, is said to be one of the biggest and most thriving European gambling markets. However, unlike many other jurisdictions in Europe, this country chooses to keep its monopoly regulatory system. It is also unlikely that this scenario will change in the near future. […]

Brazil might become the largest regulated gambling territory

Latin America has been drawing attention as a region where gambling may be an undoubtedly profitable industry. There are more and more discussions about how to adopt gambling friendly regulations and open the market to operators and developers from around the world. Brazil is emerging as a country where legislators seem to have recognised the […]

Russia moves forward with a plan to block online gambling payments

Russian Duma received recommendations from country’s legislative committee to approve measures targeted to disrupt payment processing with unauthorised online gambling sites. A few months ago Russia proposed a legislation which set out regulations requiring banks and payment processors to block transactions between punters in the country and international operators. Now the State Duma Committee on […]

Ukraine promised to legalise gambling industry by 2018

The government of Ukraine announced its intentions to introduce legalised gambling industry, boost the local economy and start earning from revenue by next year. The Ministry officials sent a letter to the International Monetary Fund (IMF) to detail the new plan. Ukraine is trying to assure IMF that the country is worthy to receive a […]