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Italy Enacts New Regulations For Online Gaming Industry

Italy Enacts New Regulations For Online Gaming Industry

The new year is bringing some changes to internet gaming in Italy. This includes a new licensing process as part of a new reorganization of online casinos in the country. Italian regulators released details on the plan recently after receiving approval from the European Union. The new rules call for operators to be licensed for...

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Allwyn to bolster iGaming capabilities with majority stake purchase in Novibet | Yogonet International

Allwyn to bolster iGaming capabilities with majority stake purchase in Novibet | Yogonet International

Multi-national lottery operator Allwyn has agreed to acquire a 51% majority stake in Logflex MT Holding Limited, owner of online sports betting and gaming group Novibet. The company is set to pay an initial €217 million ($225 million) in cash as part of the deal, plus €110 million in potential performance-based earnouts. The acquisition, announced...

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Fortunepanda operator Versus Odds banned in Sweden

Fortunepanda operator Versus Odds banned in Sweden

Sweden’s gambling regulator Spelinspektionen has banned Fortunepanda.com operator Versus Odds B.V. from providing online gambling in the country without the relevant local licence. Spelinspektionen said in a statement yesterday (2 January) that Versus Odds has been active in Sweden via its Fortunepanda.com website. Players in the country were able to access the site and play...

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Sports betting supplier Betby reveals Brazilian launch

Sports betting supplier Betby reveals Brazilian launch

Sportsbook supplier Betby has gone live in the regulated Brazilian online gaming market after achieving certification from Gaming Laboratories International (GLI). The accreditation from GLI recognises that the company’s sports betting solutions meet Brazil’s new technical requirements, including regarding the sportsbook, information security management systems and information security standards. The GLI certification follows Betby receiving...

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KSA Enforces Revamped Fine Policy in The Netherlands for 2025

KSA Enforces Revamped Fine Policy in The Netherlands for 2025

The Netherlands Gaming Authority (Kansspelautoriteit, KSA) has rolled out a new general fine policy, effective January 1, 2025, aimed at improving the enforcement of gambling regulations. This updated policy sets a standardized structure for penalties across the industry, ensuring greater clarity and consistency for license holders and other regulated entities. The fine structure divides violations...

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Swedish gambling regulator takes action against unlicensed operator

Swedish gambling regulator takes action against unlicensed operator

The Swedish gambling regulator has prohibited operator Versus Odds from offering its services to players after ruling that the company does not have a licence. Spelinspektionen said Versus Odds operates several online gaming sites such as Thor Casino and Wolfy Casino and that an investigation found these sites did not have a licence. However, the...

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Dutch gambling regulator introduces new fine system

Dutch gambling regulator introduces new fine system

The Dutch gambling regulator, Kansspelautoriteit (KSA), has introduced a new fine system to promote increased compliance with regulations. Five categories of fines range from €500 in Category 1 up to a minimum of €2m in Category 5. Category 5 fines will be exclusively for violations of the Netherlands Money Laundering and Terrorist Financing (Prevention) Act ...

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New igaming in US in 2025? Probably not

New igaming in US in 2025? Probably not

On the eve of state legislatures across the US preparing to open their 2025 sessions, will the gambling industry see expansion in the next 12 months? Or will hopes for new online casino states suffer the same fate as 2024? Last year, several states opened discussion about whether or not to add online casino to...

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Brazil enters new era of regulated online gambling

Brazil enters new era of regulated online gambling

Over five years since a regulatory scheme covering sports betting and online gambling in Brazil was originally signed into law, the first sites to be formally approved to offer their services in South America’s largest and most populous country began operating as regulated licensees on Wednesday. Fourteen companies to date have received the full operating...