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The Macau-based Casino Grandview will officially close down on Wednesday, 30 July, with SJM Holding Limited confirming the news in a press release.
The casino is located in Downtown Taipa, with the ceasing of operations to be completed ahead of schedule. The gaming tables currently located within the building will be redeployed to other casinos that the company owns.
The company has plenty of...
Racing tax could cost industry $442M, as British Horseracing Authority continues petition – research
One of Ireland’s biggest retail banks, PTSB, has announced a voluntary in-app gambling block for customers.
PTSB has announced plans for a digital voluntary block for customers who want to stop any card transactions related to gambling. This comes after the Gambling Regulatory Authority of Ireland (GRAI) has worked with the Irish Banking Culture Board, the Irish Banking and Payments Federation,...
The UK will transition to a statutory levy amidst gambling reform, with the GambleAware charity confirming in a statement that it intends to close.
The levy will be a mandatory payment imposed by the government on gambling operators. It’ll be used to fund research, prevention, and treatment of gambling harms. With this transition now underway, GambleAware has spoken out about the changes.
“The...
The World Lottery Association (WLA) has presented a new policy paper, outlining its recommendations for the regulation of lottery couriers, as well as a ban on bulk buying tickets.
The body acknowledged changing habits in how people play the lottery and where they prefer to make their purchases. It can be done in a physical store or online, but the third option of using a courier service (a...
PointsBet Holdings has rejected a takeover proposal from Betr Entertainment, maintaining its position that shareholders should accept the alternative offer on the table from MIXI Australia.
Betr’s bid was made on an all-scrip basis (meaning the offer comprises entirely shares in the acquiring company, rather than cash), in contrast to the cash offer from MIXI.
PointsBet is disputing the...
The Dutch gambling regulator (Kansspelautoriteit, KSA) has warned three licensed operators over their responsibilities around the Money Laundering and Terrorist Financing (Prevention) Act, known as WWFT.
A probe by the Netherlands authority, indicated that the three companies were not fully complying in line with expectations placed on them.
The KSA makes it clear to licensed operators that...
The legal head of BetMGM, Eduardo Ludmer, has come out with a warning that continued restrictions by the government on influencer advertising could lead to excessive use of offshore or illicit gambling websites. Brazil has recently begun to open itself up to more gambling businesses, but has begun to crack down on advertisements using influencers.
Reports of Brazilian officials warning that...
An anti-online gambling group has found a new ally in a New Mexico Native American tribe. The Pueblo of Laguna, New Mexico, which has joined forces with the National Association Against iGaming under its business, Laguna Development Corporation, is seeking to scupper online gambling in the state.
Laguna operates multiple gambling outlets in New Mexico. These include Route 66 Casino Hotel, Casino...
Authorities in South Korea are going after payment providers that are allowing for gambling transactions in the country. The investigation is being launched by the Financial Supervisory Service (FSS), South Korea’s financial oversight body, which has dubbed the activity as being run by “criminal organizations”.
Most payment processors won’t be aware of this type of transaction, but the regulatory...