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Youtubers plead not guilty to advertising and gambling offences

Youtube stars Craig Douglas and Dylan Rigby have pleaded not guilty to the charges of promoting a lottery and advertising unlawful gambling at a court in the UK, says BBC News report. This is the first time for British Authorities to charge people for their involvement in video game betting. The pair charged with offences […]

PAGCOR confirms – 76 companies applied for offshore gaming licenses

The Philippine Amusement and Gaming Corporation (PAGCOR) received 76 applications for the new ‘offshore’ online gaming licenses. PAGCOR expects to award the first 25 online licenses before the end of October. The licenses will be valid for one year and PAGCOR says it might be changing the rules and regulations prior expiry date of the […]

Apple removed gambling apps targeting Dutch players

Tech giant Apple has removed dozens of applications for online casinos and betting from the App Store following the request from the Dutch Gaming Authority Kansspelautoriteit (KSA). Even though some online gambling operators were already banned from offering their services in Holland, their apps were still available in the App Store. Due to the recent […]

Online gambling is there and it is growing, says Singapore Official

Allowing two local lottery operators to offer online betting provides a regulated and safe alternative for gamblers, said Minister for Social and Family Development Tan Chuan-Jin. His comments came as a response to the criticism that the decision to regulate online betting is in conflict with Singapore‘s Remote Gambling Act (RGA). As of 1st of […]

Gambling adverts face total ban from daytime TV in UK

UK government is said to be considering introducing a law that would ban gambling operators from TV advertising before the 9 PM watershed. According to a report in Times newspaper, the government is about to review the UK gambling industry and proceed with some changes. The Times quoted an unidentified senior minister saying „the gambling […]

New gaming bill gives right to confiscate winnings in South Africa

South Africa is preparing new ways to fight against illegal online gambling. One of the new measures is government‘s right to confiscate any unlawful winnings. South Africa‘s Department of Trade and Industry (DTI) published the National Gambling Amendment Bill of 2016, which will be open for public comment until November 15, 2016. It proposes changes […]

Companies exempted from online gambling ban

Online gambling will become legal in Singapore under tightly controlled conditions. The Ministry of Home Affairs (MHA) approved applications of two operators: Singapore Pools and Singapore Turf Club. MHA announced in their statement that the two companies were found suitable to be exempted from the Remote Gambling Act (RGA), which came into force in February […]

NagaCorp drops out of Cyprus Casino bid

The tandem of Melco International Development Limited of Macau, Hard Rock of Las Vegas and Phassouri of Cyprus seems to be the one to win the Cyprus casino license after Cambodia’s NagaCorp pulled out of the race. According to a filing on the Hong Kong Stock Exchange, NagaCorp stated that it would not proceed to […]

IBM partners with BTMU to test blockchain

International Business Machines Corporation (IBM) announced its partnership with the Bank of Tokyo-Mitsubishi UFJ (BTMU) to examine the design, management and execution of contracts using blockchain technologies. The pilot project will begin by automating corporate transactions between the two institutions. This is one of the first projects built on the Hyperledger Project fabric, which is […]

Netherlands to ban binary options advertising

The Dutch Authority for Financial Markets is committed to ban advertising of binary options trading and contracts for difference (CFDs) in the country. The Autoriteit Financiële Markten (AFM) has published a statement claiming that the said ban would help protect against activities that encourage “harmful investment” for some consumers. The change will affect both Dutch […]