Bitcoin hits a new price record as it has reached the amount of $2,185.89 per coin in the early hours of Monday morning. Bitcoin was trading for about $1,300 per coin at the end of April and now, three weeks later it jumped to $2,000 per coin. The cryptocurrency’s market capitalization has climbed to $33 […]

The Cyprus Government grants casino licence to the consortium between Macau’s Melco and Hard Rock on Thursday 18th, to construct and operate a €500-million integrated resort in Limassol and set up satellite casinos in the other towns of the island, Nicosia, Larnaca, Famagusta, and Paphos. It is believed that the casino resort isn’t expected to […]

The Gibraltar-based firm 888 Holdings Plc, has announced on Monday that its UK licence is under investigation by the UK Gambling Commission (UKGC). 888’s shares fall by 8% as the annoyed shareholders tried to collect the winnings they had won before the investigations began. In a statement on its website, 888 said that the review […]

In view of recent events that have highlighted the persistent risk of the threat posed by cyber-attacks (http://www.bbc.co.uk/news/health-39899646) we strongly advise our customers to apply the following security update, released by Microsoft on March 14th, 2017: https://technet.microsoft.com/en-us/library/security/ms17-010.aspx?f=255&MSPPError=-2147217396, if not having done so already. Microsoft have announced a vulnerability in Microsoft Server Message Block 1.0 (SMBv1) […]

The Gambling Commission has announced on the 10th of May the the appointment of David Pemberton as Chief Operating Office (COO). A role with tasks for regulator’s corporate services such as HR, finance, IT, planning and risk. He will join the Commission at the end of June. Sarah Harrison, the Chief Executive of GC welcomed […]

Philippine Amusement and Gaming Corporation (PAGCOR) announced the issuance of a new offshore gaming licence for sports betting on regulated wagering events. The new sports betting class is for any offshore gaming operator “that accepts and/or facilitates wagers on regulated gaming events, such as but not limited to, horse or dog races, and provides to […]

The Criminal Investigation Bureau (CIB) of Taiwan has announced on Friday 5th, that an illegal online sports betting operation has been busted. CIB said that they raid four locations in Taichung and 33 suspects have been arrested while seizing computers, cell phones, China UnionPay cards and more than NT$500K in cash. According to the Bureau, […]

The UK Parliamentary Commissioner for Standards, Kathryn Hudson, found that the Fixed-odds Betting Terminals (FOBT) report of the All-Party Parliamentary Group (APPG) has breached parliamentary standards. The FOBT report has been published in January, where four breaches have been highlighted by Hudson and prooved that the breaches were “all at the less serious end of […]

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 […]

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 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 […]

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. […]