Sri Lanka has become the first South Asian country to criminalise match fixing, with a bill setting out severe penalties including fines of up to LKR100m (£431,836/€502,536/$554,078) and ten-year prison terms.
Denmark’s regulated gambling market has reported a marginal year-on-year decline in revenue, with declines in revenue from land-based gaming machines and sports betting offsetting growth in online casino.
Veikkaus has announced that it will speed up the implementation of its social responsibility strategy, by introducing new marketing controls and bringing forward the introduction of compulsory identification on slot machines by a year.
Changes to the GB Gambling Commission's Licence Conditions and Codes of Pratice (LCCP) that aim to raise standards for alternative dispute resolution (ADR) and consumer interaction have come into effect today (31 October).
Finland’s Competition and Consumer Authority (KKV) has spoken out in favour of a central regulatory body for the country’s gambling sector being established to improve supervision of the country’s monopoly operator Veikkaus.
Researchers in the Australian Capital Territory (ACT) have warned the state needs to have a serious discussion about the role of gambling in society after estimating that as much as 14% of its population has been negatively affected by gambling.
After another difficult quarter, Betsson chief executive Pontus Lindwall has talked up the possibility of acquisitions and expansion into new markets, after the operator reported year-on-year declines in revenue and profit for the third quarter of the year.
A project to automate betting strategies for personal use has evolved into Fireswan, an app that aims to disrupt the sportsbook market using artificial intelligence. Co-founder Maksym Shyroki talks iGaming Business through its development.