Finland Proposes Major Gambling Reform: Ending Online Monopoly for Licensing System Finland’s Parliament is considering a groundbreaking bill that would dismantle the state operator Veikkaus’ online gambling monopoly and establish a licensing system for private operators. This significant policy shift, introduced on March 20, 2025, would transform Finland’s gambling landscape while maintaining certain monopolies for […]
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UK Gambling Commission Implements Stricter Rules on Gambling Promotions The UK Gambling Commission (UKGC) has announced significant regulatory changes targeting gambling promotions, set to take effect on December 19, 2025. These measures align with the government’s 2023 white paper “High stakes: gambling reform for the digital age” and aim to enhance consumer protection by simplifying […]
⚖️ Core Legal Allegations Unlawful Gambling Disguise: Plaintiff Brayden Urdan claims Stake.us operates as an illegal online casino under the “social casino” pretense. Dual-Currency Mechanism: Gold Coins: Purchased but non-redeemable for cash. Stake Cash: “Bonus” currency wagerable in games and exchangeable for real money. Legal Argument: This structure allegedly violates Illinois gambling laws by creating […]
📈 Unprecedented Growth Surge Revenue Milestone: Crypto casinos generated $81.4 billion in 2024—a 5x increase from 2023. Primary Drivers: Unregulated offshore platforms (hosted in jurisdictions like Curaçao/Malta) and widespread VPN use to bypass geo-restrictions. 🎰 Market Leaders & Competitive Disruption Stake’s Dominance: Gross Gaming Revenue (GGR) hit $4.7 billion (80% growth since 2022). Now rivals […]
Canada’s Gambling Industry Transformed by Black Market Growth The Canadian gambling landscape is undergoing significant transformation as unregulated iGaming operations continue to challenge the traditional monopoly system that has long dominated the industry. The End of the Monopoly Era Paul Burns, president and CEO of the Canadian Gaming Association (CGA), emphasizes that the monopoly model […]
The U.S. commercial gaming industry achieved remarkable success in 2024, setting a new revenue record of $72 billion, which represents a 7.5% increase from 2023. This marks the fourth consecutive year of record-breaking performance for the industry. The growth was primarily driven by the expanding iGaming and mobile sports betting sectors. Notably, 28 out of […]
Ontario’s iGaming Regulatory Restructuring: iGO and AGCO Separate Overview of the Regulatory Separation Ontario has implemented a significant structural change in its online gambling governance with the official separation of iGaming Ontario (iGO) from the Alcohol and Gaming Commission of Ontario (AGCO), effective May 14. This division follows the enactment of the iGaming Ontario Act […]
GGL’s FAQ: Key Clarifications on Legal Online Gambling in Germany 1. Critical Terminology Distinction Term Legal Definition Regulatory Authority Current Status “Online Casino” Exclusively virtual table games (blackjack, baccarat, roulette) State authorities Only Schleswig-Holstein & Bavaria issue licenses (5 operators authorized) Virtual Slot Machines Digitized slot games Federal GGL Licensed/supervised directly by GGL 2. Regulatory […]
Finland’s Proposed Gambling Reform: Transition to Licensing Model Legislative Overview Finland’s Parliament is considering a bill introduced March 20, 2025, that would dismantle Veikkaus’ online gambling monopoly and establish a licensing system for private operators. This represents a fundamental shift in Finland’s gambling policy, moving from a state monopoly to a regulated competitive market. Key […]
Mississippi Gaming Commission’s Crackdown on Illegal Online Gambling Enforcement Actions Overview The Mississippi Gaming Commission (MGC) has taken decisive action against unauthorized online gambling operators by issuing cease-and-desist letters to companies illegally offering casino games and sports betting to Mississippi residents. This enforcement effort targets both domestic and offshore operators violating state and federal gambling […]