Law and Regulations

New and stricter KYC guidelines for Lithuanian-licensed operators

After accusations that the iGaming sector is an easy target for money laundering, Lithuania’s authorities published new and stricter Know-Your-Customer (KYC) guidelines for gaming operators.  Lithuania’s Ministry of Finance and its Gambling Supervision Service said the new guidelines outline factors that gambling and lottery companies should seriously consider when assessing …

Read More »

UK Gambling Commission joins forces with Facebook to tackle gambling ads

The British Gambling Commission (UKGC) joined forces with leading social media platform Facebook to create guidance aimed at limiting the number of gambling-related adverts users see when visiting their social media account. According to UKGC’s announcement the guidance explains the different ways in which Facebook’s safety tools and settings can …

Read More »

Brazil is regulating sports betting and opens the market

Controversial Brazilian president Jair Bolsonaro is privatizing sports betting and opens the market to interested investors. The Brazilian president signed a decree formally adding sports betting to the country’s Investment Partnership Program (PPI) portfolio and national privatization program, while handing state-owned bank Banco Nacional de Desenvolvimento Econômico e Social (BNDES) …

Read More »

Malta Gaming Authority (MGA) publishes its 2019 Annual Report and Financial Statements

The Malta Gaming Authority (MGA/Authority) published its Annual Report and Financial Statements for the financial year ending 31 December 2019, providing an overview of the work performed throughout the year by the Authority. In addition, the report also includes a summary of the performance of the Maltese gaming industry during …

Read More »
Show Buttons
Hide Buttons