Ukraine weighs transfer of gambling oversight to Ministry of Finance
A Ukrainian Parliamentary Committee has backed a move to shift gambling regulation from the Ministry of Digital Transformation to the Ministry of Finance.
A Ukrainian Parliamentary Committee has backed a move to shift gambling regulation from the Ministry of Digital Transformation to the Ministry of Finance.
Traditional enforcement measures against illegal operators cannot realistically go very far. Turkey is upping the game by considering potential prison sentences for players - could this measure serve as an effective deterrent on the demand side?
The rollout comes as prediction markets face rising state-level scrutiny over sports event contracts in the US.
The Prosecutor General’s Office is reportedly carrying out searches at the state-owned bank and has opened criminal cases.
Trond Bentestuen has officially stepped into the role of CEO of Norsk Tipping, while Norsk Rikstoto has been placed under formal investigation after a system failure allowed more than 23,000 bets to be processed without payment.
Under the new regulations, operators and gambling agents are prohibited from processing any credit-funded transactions but are not required to verify every individual payment.
Kazakh authorities have identified schemes that use mobile phone balances to finance unlicensed casino gambling.
The only available estimate suggests that half of Ukraine’s online casino market is illegal, with officials citing other transparency issues, urging faster State Online Monitoring System rollout, now expected by year-end.
As part of the transaction, Vici entered into a triple-net master lease agreement with a newly formed entity owned and controlled by Golden Entertainment Chairman & CEO Blake Sartini.
The PGCB also fined Valley Forge Convention Center Partners, the operator of Valley Forge Casino Resort, $5,000 for failure to protect assets related to an employee theft.