Regulatory NEWS

Africa at risk of becoming gaming industry’s dumping ground

The African gaming market is at a crossroads, facing growth opportunities and increasing threats. Illegal operators, fragmented regulations, and the lack of a unified regulatory framework cast a long shadow over the industry. Bashir Are, CEO of the State Lotteries and Gaming Authority in Lagos, Nigeria, emphasises the need for cross-border collaboration to combat these issues.

ASEAN members commit to fight transnational crime, illegal online gambling  

The Association of Southeast Asian Nations (ASEAN) has pledged to address the growing threats of transnational crime and online scams.

FRC probe lands KPMG, Entain in soup: controversy explained

The investigation will assess whether KPMG adhered to audit regulations and standards in its review of Entain’s financial statements.

Nebraska senator files bill to authorise online sports betting

Nebraska lawmaker Senator Stanley Clouse is trying to bring sports betting to the state amid the start of a new legislative session.

‘Ad for casual gaming’: Indian food delivery giant Swiggy reacts to backlash over Yolo247

Swiggy responds to criticism over its promotion of Yolo247, a betting platform, amidst concerns about legal and ethical implications.

Denmark’s new certification rules for game suppliers take effect in July

Game suppliers operating in Denmark are set to face new regulatory requirements as Spillemyndigheden, the Danish Gambling Authority, enforces updated certification policies.

Sportsbet sued for alleged ‘illegal’ live betting, millions at stake

Gamblers have filed a class-action lawsuit against Sportsbet, accusing the company of illegal live betting practices.

PAGCOR reduces Philippines’ E-Games fees to 30%  

The Philippine Amusement and Gaming Corporation (PAGCOR) has announced another reduction in fee rates for Electronic Games (E-Games). Effective 1 January 2025, the rate will decrease from 35 percent to 30 percent, a move designed to address illegal gaming operations and create a more favourable environment for licensed operators.   PAGCOR Chairman and CEO Alejandro Tengco…

32 POGO workers arrested in latest Philippine raid 

32 foreign nationals allegedly involved in illegal Philippine Offshore Gaming Operator (POGO) activities were arrested in Parañaque City, Philippines.

The Star reaches ‘safe harbour’ amid existential crisis: what next?

The Star warned last week that it had just A$79 million left in its coffers. Analysts have expressed concerns that the company may not survive beyond February without a lifeline.