PAGCOR Reveals a Loss of US$48 Million in its First Half
The Reason behind the Huge loss The regulator found that its revenue from all gaming operators reduced steadily during this second quarter. The reason behind the decline is due to the several casinos in the country, which remained closed for three to four months from March due to the effect of COVID-19 pandemic. During the […]
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Duma to Overhaul Sports Betting Legislation
Under the revised law, it will focus on taxation that is placed on overseas betting events along with increasing financial obligations on the participants involved in an activity. The legislative body approved the bill in the second and third readings. Now, certain limits will be imposed on specific betting events. Upgradation in Russian Betting Laws […]
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Smarkets Receives Green Signal to Launch Betting Exchange In Swedish Markets
Smarkets is a London based company that is renowned for its prominent peer to peer platforms in terms of trading on sports, current affairs, and politics. Its broad sports portfolio is now available to the Swedish users at its official website, smarkets.com. Smarkets Expands its Betting Exchange Business Smarkets will be the second license holder […]
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The Legislature of Bulgaria Sanctions the Bill to Abolish Current Gambling Regulator
Last week, the Bulgarian National Assembly passed the amendments of second reading about the law on gambling. It aims to rebuild some resemblance of measures over the Bulgarian online as well as land-based casinos. Amendments in the Bill During Its First Reading The Bill 054-01-51 to supplement and amend the Gambling Act came into existence […]
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GVC Hires A New Chief Operating Officer
Apart from declaring its new chief operating officer, it has also declared several changes to its senior executive team. Now, the company is looking for another member in the place of CTO. The journey of Sandeep Tiku at GVC At GVC, Sandeep Tiku joined the company as IT Director in 2014. After two years, he […]
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Uzbekistan Forms Committee For Initiating National Lottery
During the mid of July, the office of president in Uzbekistan, Shavkat Mirziyoyev declared that it had accepted and approved the demand which was requested by Capital Markets Development Agency. It has given permission to appoint and select the national lottery operator and further build a governing framework. Agency to Define and Work On Lottery […]
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Delasport Receives ISO/27001 Information Security Management Certification
The ISO/27001 is globally renowned as an information security standard for adhering to best practices in data protection as well as information security. These practices ensure that security control of a firm is protected to keep pace with variations to the security vulnerabilities, risks, and business impact. Comprehensive Audit Before Granting Certification The company received […]
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World Lottery Association Issues Responsible Gaming Certification to Camelot Lottery Solutions
The firm is accredited after it met all the responsible gaming standards of WLA for associate members. The company feels proud to receive certification from the leading international trade organization. Camelot Lottery Solutions Feels Delighted For Its Achievement Camelot Lottery Solutions is renowned for placing its players and customers’ safety at the heart of its […]
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Ellmount Gaming Signs a Deal with Rightlander for Compliance Monitoring
Ellmount Gaming Gets Access to Multiple Compliance Tools As a part of the deal, Ellmount Gaming will get access to Rightlander’s broad spectrum of affiliate compliance tools. Such innovative compliance tools include PPC Monitor, Affiliate Mapping Tools, Compliance Live, and Automated Compliance Monitor. When it comes to the identification of non-compliant content, the Automated Compliance […]
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Netherlands Extends Gambling Act to Get approval of the European Commission
Now, the European Commission will make its mind whether the current Dutch gambling act is in accordance with the European Union laws. As of now, Dutch Minister, Sander Dekker has already accepted the legislation. Also, several interested stakeholders and parties were invited to give their ideas and opinions on the nation’s proposed regulations. The act […]
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