Online gambling trade organisation the Remote Gambling Association (RGA) is “disappointed” at the European Parliament’s decision to single out internet gambling in a new Anti-Money Laundering Directive (AMLD).
The global gambling sector grew 4.9% in 2013 and generated €317.6bn in gross win, a figure that is set to rise to €332.4bn in 2014 and then on to €395bn by 2018, iGaming Business’s exclusive data partner H2 Gambling Capital has revealed in the second of the four data-led articles it is publishing this week.
The International Olympic Committee (IOC) has agreed a number of new partnerships ahead of the 2014 winter Olympic Games in Sochi, Russia in a bid to protect its events from corruption, match-fixing and illegal betting.
Online gambling operators should be alert to the amendments relative to the fourth Anti-Money Laundering Directive that will be discussed at the European Parliament over the next couple of months, Steve Cook, business development director for Face
The European Commission has launched infringement proceedings against a number of European Union member states, with Sweden firmly in the firing line and Belgium, Cyprus, Czech Republic, Lithuania, Poland and Romania also under increased scrutiny.
Ladbrokes has refuted claims made in a series of articles published by the Guardian newspaper that business practices on its betting premises were unethical and that it turned a blind eye to illegal activity.