The decision was announced shortly after similar rules were implemented in parts of Australia SkyCity Entertainment Group has completed the rollout of carded play across all its casinos in New Zealand, marking a significant step toward enhancing consumer protection in the country’s gambling industry. Starting this week, customers wishing to place wagers on machine or
Tag: regulations
US Banks Try To Stop Cryptocurrency Companies From Receiving Banking Charters
Financial institutions want regulators to delay decisions on cryptocurrency banking plans US banks and credit unions are pushing back against the growing influence of cryptocurrency companies by calling on federal regulators to delay approving banking charters for digital asset firms. In a letter sent to the Office of the Comptroller of the Currency (OCC), major
UK Could Be Forced To Build Country’s Gambling Laws From Scratch
Legislators are calling for another complete overhaul of the country’s gambling regulations The UK government may soon be under pressure to completely overhaul its gambling laws, following growing demands from members of parliament calling for major reform. A group of MPs, many of whom are part of the cross-party group focused on gambling-related harm, is
Italy Delays Introduction of Gambling Reforms
The new regulations may not be implemented until the summer of next year Italy’s plans to roll out sweeping gambling reforms have been officially pushed back, with the government now aiming for an August 2026 implementation. Originally scheduled to be finalized by the end of 2025, the delay comes after a proposal by MP Mariangela
Regulatory Changes in the US Have Cryptocurrency Companies Eyeing Launches
Nexo and other firms see positive momentum for cryptocurrency building in the US Cryptocurrency firms are making a return to the US, encouraged by a shift in the regulatory environment and the political tone from Washington. Nexo became the latest to reenter the market, joining seven other companies that have announced US expansion plans since
Landmark US Cryptocurrency Bill Blocked Amid Internal Politicking
A bill to create a national framework for digital assets suddenly fell apart despite earlier successes A major attempt to regulate cryptocurrency in the US hit a wall this week after the Senate failed to move forward with a bipartisan bill meant to create a national framework for digital assets. The proposal, known as the
New SEC Looks to Undo Old SEC Cryptocurrency Restrictions
The securities watchdog continues to review policies that have hindered crypto growth The US Securities and Exchange Commission (SEC) may be preparing to roll back a proposed rule that would have imposed stricter custody requirements on cryptocurrency held by investment advisers. Acting SEC Chair Mark Uyeda indicated that the rule, introduced in early 2023 under
New Zealand Moving Closer to Major Gambling Market Reforms
The country is setting up the framework to allow online casinos New Zealand is on the verge of a major shift in its online gambling market as the government moves forward with plans to regulate and license online casino operators. This initiative aims to replace the current system, where offshore gambling platforms operate freely without
POTUS Issues Executive Order on Country’s Cryptocurrency Ambitions
President Trump wants the federal government to create a framework for digital assets President Donald Trump took a significant step toward advancing cryptocurrency and blockchain technology with an executive order issued yesterday. The order outlines a plan to create a clear regulatory framework for digital assets while promoting their growth and responsible use within the
After Swearing-in, POTUS Trump Will Reportedly Make Crypto Regs A Priority
Bloomberg expects the new President to enhance cryptocurrency oversight Donald Trump, set to re-enter the White House on January 20, is reportedly planning to prioritize cryptocurrency regulation on his first day back in office. According to Bloomberg, Trump may sign an executive order that would establish crypto as a national priority. This initiative could direct
Italy Begins Latest Overhaul Of Gambling Regulations
The country is scrutinizing a number of its gambling laws Italy has launched a significant overhaul of its gambling regulations, starting with a new licensing framework for online gambling operators. The country’s Customs and Monopolies Agency (ADM) has opened the application process for these licenses, which all operators serving Italian players must acquire by late
Ontario Makes Online Gaming Changes With the iGaming Ontario Act
The Canadian province will bring greater regulatory oversight to the iGaming market Ontario’s online gaming industry is set to experience significant changes following the passage of Bill 216, introducing the iGaming Ontario Act. This new legislation restructures iGaming Ontario (iGO), separating it from the Alcohol and Gaming Commission of Ontario (AGCO) and establishing it as