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The Bulgarian Football Union is preparing a statutory amendment to prohibit sports betting for all players, coaches and club personnel. Federation officials say the measure is necessary to protect the integrity of domestic football competitions. The proposal will be presented during the BFU plenary meeting scheduled for 20 March in Sofia. This initiative forms part […]
Key Points Belgian authorities have got their eyes on Eden Hazard after he stepped up as a global ambassador for online casino Stake, which is still a problem for the Belgian gaming scene. Stake has the unfortunate distinction of being on Belgium’s blacklist & although they operate in many countries they’re not here, no license […]
On March 12, The Commodity Futures Trading Commission released new guidance on the rapid growth of prediction markets, including sports contracts. A staff advisory was issued by the Division of Market Oversight, identified as CFTC Letter No. 26-08, outlining expectations for legal markets offering event-based contracts. It follows an earlier announcement this month on the […]
The Government of Romania is reviewing new regulatory measures to improve protections for individuals experiencing gambling addiction, such as stricter self exclusion procedures and tougher enforcement for illegal gambling operations. The draft regulation was discussed during a recent cabinet meeting, with a proposal introducing a unified system applicable to both online gambling platforms and physical […]
Key Points Kjerulf Ainsworth placed a proportional takeover bid to purchase 5.5% of Ainsworth Game Technology ordinary shares with payment set at A$1.30 for each share. His offer places a 23.8% premium above the company’s closing share price on 10 March and stands near 30% above Novomatic’s earlier A$1 offer. Full acceptance of the proposal […]
Key Points GCash blocked more than 3,200 merchants on its platform after links appeared between these merchants and illegal gambling services and scam operations. Operators involved in fraud used the QRPh payment rail and moved users toward payment pages which then redirected funds into accounts without authorisation. The enforcement action happened through work between the […]
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