Category Archives: Betting

Finland uncovers some grey areas of Gambling Bill

The Constitutional Committee of Finland’s Parliament has recommended changes and clarifications to legislation shaping the future of its gambling industry, having identified some issues. The Finnish Gambling Act was submitted as a bill back in March with the ultimate goal of introducing a multi-licence market by 2027. This would end the monopoly held by Veikkaus …

Pan-Asian gambling remains fractured as Vietnam eyes liberalising

Vietnam is considering raising the cap on sports betting wagers after noting improvements in citizen’s personal finances over the past few years. According to local media, the country’s Ministry of Finance has written up a draft decree around betting on football, horse racing and greyhound racing. If adopted, it could be the most significant change …

NextBet lands in Australia as betting market nears crossroads

Australia continues to attract interest from new market entrants in the face of an ongoing regulatory overhaul of federal gambling laws disrupting the competitive landscape, as NextBet becomes the latest market arrival. The newly formed company has hit the ground running with Australia, launching via acquisition. It has started its journey with the acquisition of …

BETBY: Betting beyond sports with entertainment feed

Danil Emelyanov, Head of AI Labs at BETBY, outlines how player trends are expanding beyond just sports betting towards entertainment categories such as Eurovision and the Oscars. Emelyanov also notes how AI can help sportsbooks fine tune their entertainment betting options via its Entertainment Feed solution. Player behaviour in betting is evolving and, while traditional …

Portugal to debate ad-ban and modernisation of gambling laws

The Portuguese Parliament has agreed to reopen debates on stricter controls for gambling advertising and promotions. On Friday, Parliament agreed to forward five initiatives from the left-wing ecologist party Livre to committee stage for further deliberation. These included measures to curb online gambling advertising, sponsorship bans, and the application of mandatory addiction warnings. However, Livre’s …

Kanon Gaming gets discount on £554k Spelinspektionen penalty

The largest turnover-based penalty fee imposed by Sweden’s regulator, Spelinspektionen, has been reduced after a Court ruling. In June of last year, Kanon Gaming Ltd, a Malta-based operator also licenced in Sweden, found itself in the crosshairs of Spelinspektionen as a result of duty of care deficiencies. What followed was the largest penalty fee based …

BHA stands by ‘Racing Resilient’ environmental strategy

The British Horseracing Authority (BHA) will prioritise new environmental standards across UK racing to ensure the sport remains sustainable and protected against the effects of climate change. The Authority has published its new environmental plan, titled Racing Resilient, designed to safeguard environments for the long-term interests of the heritage sport. The strategy carries the support …

Report puts more pressure on Australian gov’t to make good on gambling reform

An Australian government-sanctioned report has identified what it calls a ‘surge in gambling participation and harm’ over the past six years requiring urgent regulatory action. This could spell tricky times ahead for Australia’s various gambling operators, with potential new compliance considerations on the horizon as PM Anthony Albanese’s government takes criticism from the backbenches. According …

GamCare says problem gambling debt soars to £5.3m

People seeking support for gambling-related financial problems have reached record numbers, GamCare has warned. Data from the charity’s Money Guidance Service has claimed that this year’s registrations since January have already surpassed the total number of referrals for the whole of 2024. The Money Guidance Service provides one-to-one budgeting and financial support for those seeking …

Svenska Spel backs new criterion of Swedish Gambling Act

Anna Johnson, President and CEO of Svenska Spel, states that the group is highly supportive of the government’s plans to strengthen the Gambling Act with new measures against illegal operators. Johnson welcomed the memorandum authored by Financial Markets Secretary Niklas Wykman and Marcus Isgren, Chair of the Swedish National Board for Consumer Disputes, which proposes long-awaited …