Category: Regulations
Do Paf’s Lower Loss Limits Encourage Crypto iGaming?
The Nordic gambling operator Paf has announced a reduction in its annual loss limits for two age brackets. The company is owned by the Åland regional government. It introduced age-specific loss limits in 2022 and last
Kalshi versus Nevada: The Fight Over Event-Based Betting
The Nevada Gaming Control Board (NGCB) has issued a cease-and-desist order to Kalshi, requiring the company to cease all unlawful activity by 14 March 2025. Event-based contracts, crypto sportsbooks, and online
Thailand Alters Casino Bill, but Online Gambling Unlikely
Legalized casino gambling is edging closer in Thailand after further amendments to the proposed legislation. The Entertainment Complex Bill has now removed the controversial stipulation that only people with 50 million
Addabbo Seeks to Ban Online Sweepstakes Casinos in New York
Senator Joseph Addabbo has filed a bill in New York that seeks to prohibit online sweepstakes casinos. S 5935, is titled “An Act to amend the racing, pari-mutuel wagering and breeding law, in relation to prohibiting
Influencers and Crypto Casinos Could Be Hit Hard By YouTube Policy Shift
Users of YouTube will no longer be able to see content from gambling sites that are not licensed in their country. YouTube posted an update, stating: “As part of YouTube’s ongoing efforts to protect viewers from
Aspire Global Fined £1.4 Million for AML and Social Responsibility Failures
The UK Gambling Commission has fined Aspire Global £1,407,384 after an investigation found failures in social responsibility and anti-money laundering. AG Communications Limited, which trades as AspireGlobal, runs 58
Potential Gambling Crackdown in Florida as Lawmakers Eye Harsher Penalties
Florida has seen an influx in bills filed relating to gambling, with the latest batch looking to clamp down on gambling advertising, insider betting, and adjust slot machine definitions. Senator Johnathan Martin has
Crypto Investments Decline Among United Kingdom Students As Gambling Concerns Rise
The fourth edition of the Annual Student Gambling Survey has shed light on student gambling habits in the United Kingdom. Commissioned by Ygam and GAMSTOP, the survey found that students who gamble are four times more
Crypto Reserves Bill on the Horizon as Arizona Reports Record Betting Handle
The Arizona Department of Gaming has reported record sports betting handle for the month of November. As the Grand Canyon State edges closer to becoming the latest state to pass a crypto reserves bill, other use cases
Crypto Betting Expansion? New York Proposal to Redefine Sports Wagers
Assemblywoman Carrie Woerner has filed a proposal that could see New York grant extra sports betting licenses, reduce the tax rate, and pave the way for crypto. A6013 seeks to amend the definition of sports wager to