The Supervisory Authority for Regulated Activities of Hungary (SZTFH) has announced that starting from July 1, it will initiate a campaign of enforcement against unlicensed online gambling businesses. Updating relevant parties, SZTFH states that from 1 July it will be granted new regulatory powers to monitor illegal transactions. These powers have been granted under Hungary’s new “Act of the Reorganization …
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Regulus Partners casts its eyes to Nordic affairs, where two recent legal judgements portray a fragmented future for European gambling’s most lucrative marketplace… Two court cases decided last week affirm our view that Nordic grey markets are fast approaching some form of regulatory clarity. While Betsson won its case in Finland, Kindred lost in Norway, with the court ordering that …
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Lottstift, Norway’s gambling authority, has claimed a ‘decisive victory’ in its long-running dispute against Trannel International Limited – the Nordic markets subsidiary of Kindred Group Plc. On 1 June, the Borgarting Court of Appeal upheld Lottstift’s original judgement that the Trannel brands of Unibet, Mariacasino, Storspiller, and Bingo.com had offered illicit online gambling services to national consumers. The verdict sees …
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Betway the flagship global sportsbook property of Super Group, has launched its online gambling platform for the regulated market of Bulgaria, hosted under the domain of Betway.bg On Monday, Betway announced the launch of Betway.bg to Bulgarian media and its affiliate marketing partners. Betway’s market licence has been granted by the National Revenue Agency (NRA) which is tasked with monitoring …
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To the surprise of industry observers, Hungary’s parliament will review draft legislations aiming to liberalise the nation’s sports betting market. Regulus Partners reviews the market clauses proposed by drafts legislations to envision how Hungary’s sports betting regime may take shape post its full monopoly status… Hungary is one of the few countries remaining in the EEA which has an online …
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Italy’s federal police force has arrested 12 suspects connected to its ‘Operation Game Over II’ criminal investigation of illegal and mafia-associated gambling websites. A dozen individuals have been charged on counts of criminal conspiracy to carry out the ‘fraudulent conveyance of assets’ through illicit online gambling businesses. Investigators cited that the suspects were processing illegal online wagers via websites belonging …
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The Department for Digital, Culture, Media & Sport (DCMS) has published an 8-point checklist, preparing gambling businesses and wider stakeholders for a potential No-Deal Brexit scenario. At present, the Conservative government maintains its deadline that the UK will leave all European Union institutions on 31 October, underlining that it will seek no further withdrawal negotiation extensions. This September, the government …
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