In today’s news about gambling and bitcoin casinos: At Curacao begin working new regulator; a £780,000 fine was issued; 888 Holdings for some reason abandoned bingo; Australia blocked a number of illegal online casinos; as well as other news. But perhaps the most unexpected news from Sweden, let’s start with them.
Sweden in opposition to bonuses for gamblers
The Swedish Gambling Authority fined Betway 100,000 SEK (the US $ 11,000) for violating the bonus rules. The investigation says that this summer, Betway contacted its customer base and offered additional incentives, which 53 people managed to take advantage of. This was the reason for the fine. According to Swedish gambling law from 2019, operators are allowed to provide a bonus only once, this happens as an incentive when registering.
888 Holdings divested from bingo
888 Holdings will sell its bingo business to Saphalata Holdings for $ 50 million. The deal should be fully completed in the second quarter of next year. Revenue from bingo company 888 Holdings in 2020 amounted to $ 65 million.
At Curacao begin working new regulator
Dutch Legal Defense Minister Sander Decker said an action plan is to be adopted this month to stop illegal gambling on the island of Curacao, which is part of the Tulip Land. According to the minister, about 12,000 illegal gambling sites have been created on the island, with 40% of the world’s unregulated gambling activity passing through Curacao.
After negotiations between the two countries, it was decided that an independent regulatory body would be established on the island with the authority to grant and revoke gambling licenses, which should ensure compliance with laws and eliminate illegal business.
Buzz Group Limited was fined £ 780,000
The British Gambling Commission fined operator Buzz Group Limited (buzzbingo.com) £ 780,000 ($ 1 million). The reasons were several cases on the basis of which the company was accused of bad faith in the fight against money laundering and violation of social responsibility.
According to the commission, between October 2019 and December 2020, one of the clients managed to deposit £ 22,400 in 5 days without “any obstacle from the operator”. In the second case, the player lost 12,500 pounds in 6 days, again, without any control.
Hacksaw Gaming has been licensed in Spain
Online slots developer Hacksaw Gaming has been licensed by Spain. Soon Spanish players will be able to play games such as Wanted Deal or a Wild, Chaos Crew, and Stack ‘Em. The company recently received a Swedish and Danish license.
PointBet Launches Betting App in Virginia
PointsBet announced the launch of a mobile sports betting app in Virginia. The state has become the eighth in a row to launch this product. The previous ones were New Jersey, Iowa, Indiana, Illinois, Colorado, Michigan, and West Virginia.
A number of illegal websites have been blocked in Australia
The Australian Communications and Media Administration (ACMA) has blocked access to a range of foreign sites that are illegally operated in the country.
Such online casinos and partnerships as Golden Lady, Casino4u, Spin Samurai, Ax Casino, Lucky Dreams, Comet Room, Paradiso Room, No Deposit Friend, No Deposit Bonus Blog, Casino-On-Line, Online Casino Australia, Casino Shortlist, Australia Casino, and Aus Casinos.
Since its inception, ACMA has blocked 375 sites.
Bitcoin – Dollar rate at 12/17/2021: