Norwegian Lottery Authority hits Norsk Tipping with $1M fine
The Norwegian Lottery Authority has levied a fine of NOK 10 million ($1 million) on Norsk Tipping for a massive flaw in its gaming system.
The flaw resulted from an algorithm that was incorrectly ente...
Only 1 in 12 gambling sites legal, says German regulator
The German Sports Betting Association (DSWV) reports that just 1 in 12 gambling sites are operating legally ahead of the upcoming soccer season.
The startling statistic also comes with a warning regar...
Spreedly Acquires Dodgeball to Bolster Fraud Prevention
Open payments platform Spreedly acquired fraud orchestration company Dodgeball.
The deal is designed to combine payments optimization and fraud management in one platform and advance Spreed...
Why Firms Need Compliance Built for Machine-Speed Operations
Remember when companies could tweak a privacy policy and coast for a few years? That era is over.
A new wave of state-level data privacy laws is landing faster than firms can process, resha...
WTO Says AI Could Bolster Global Trade and Worsen Inequality
AI could transform trade by 2040, a new World Trade Organization (WTO) report finds.
With the right policies in place, artificial intelligence (AI) could increase the value of cross-borde...