In a decisive move to combat financial crimes, Denmark’s Spillemyndigheden has introduced updated anti-money laundering guidelines, reinforcing the nation’s commitment to thwarting illicit financial flows within the gambling sector.
Strengthening the Framework
The Danish Gambling Authority, Spillemyndigheden, has recently overhauled its anti-money laundering and counter-terrorism financing guidelines. This update is a response to evolving threats and…
Play’n GO, a trailblazer in the iGaming industry, has taken a significant leap forward with the release of its 2023 Sustainability Report. This document not only highlights the company’s achievements in environmental and social governance (ESG) but also sets a new standard for responsible corporate behavior in the digital entertainment sector.
A Commitment to Responsible Gaming…
Swintt, a leading provider of online casino games, has achieved a significant milestone by securing approval from the Alcohol and Gaming Commission of Ontario (AGCO) for its game releases in the Canadian province. This development opens up new opportunities for Swintt to expand its presence in the Ontario market and offer its innovative gaming content…
The United Kingdom is set to introduce a series of liberalising measures aimed at enhancing the appeal of land-based gambling venues such as casinos, bingo halls, and arcades. This initiative is part of a broader strategy to ensure these establishments remain competitive with the rapidly expanding online betting and gaming sector.
Modernising Outdated Regulations
In a…
In a move that reflects the ongoing challenges within the gambling industry, Crown Resorts has announced a substantial reduction in its workforce. The decision to lay off 1,000 employees comes as the company, now owned by Blackstone, faces economic headwinds and regulatory pressures.
Industry Turbulence Leads to Job Cuts
The layoffs at Crown Resorts represent a…
The integrity of sports is paramount, and the International Tennis Integrity Agency (ITIA) has once again underscored this by imposing a lifetime ban on a Bulgarian tennis official. Pavel Atanasov, found guilty of 21 breaches of the Tennis Anti-Corruption Program (TACP), will no longer be able to participate in any tennis-related activities. This decisive action…
In a bold move to redefine the sports betting landscape, Altenar has introduced three new features designed to elevate the player experience to unprecedented levels. These features, Bet Boost, Betting Insights, and Bet Mentor, are set to revolutionize the way bettors engage with sports betting platforms, offering a more personalized and data-driven betting journey.
Empowering Bettors…
As the gaming industry gears up for a week of earnings announcements, Bank of America has updated its casino earnings estimates, signaling a bullish outlook for the sector. This anticipation is set against a backdrop of economic recovery and increased consumer spending in entertainment and leisure activities.
A Positive Outlook Amidst Economic Recovery
Bank of America’s…
FullCircl, a leading SaaS platform known for streamlining regulatory and verification processes to spur revenue growth, has recently announced a strategic shift in its leadership. Georgio Anastasi has been appointed as the new Chief Financial Officer (CFO), marking the final transition from a founder-led team to a C-suite-driven organization.
Steering Financial Innovation
Anastasi steps into his…
The Directorate General for Gambling Regulation (DGOJ) of Spain has issued a call for research studies on responsible gambling and gambling disorders. This initiative is part of a broader effort to understand and mitigate the negative impacts of gambling within the country. The DGOJ is offering substantial funding for research that can provide insights into…