Weekly Global Gambling Regulatory Recap – Week ended June 7th
Published: June 7, 2024 | Author: Ron Clarke
This week, significant regulatory actions and developments in the gambling industry were observed globally. To ensure you are well-informed about these updates, we have compiled a detailed overview of the key developments. Here’s a breakdown of these events:
Ukraine Escalates Measures Against Illegal Online Gambling
On Thursday, Ukraine’s gambling regulator, KRAIL, blocked 371 websites operating illegally within the country. This action, part of a collaborative effort with the Security Service of Ukraine, reflects ongoing efforts to clean up the gambling landscape. The blocking orders mandate electronic communication providers to restrict access using their DNS servers. Meanwhile, uncertainty looms over KRAIL’s future as the Verkhovna Rada has voted to dissolve it, potentially transferring regulatory responsibilities to the Ministry of Digital Transformation.
Netherlands Sets New Deposit Limits for Young Gamblers
The Netherlands’ Kansspelautoriteit (KSA) announced on Monday, new deposit limits aimed at protecting young gamblers aged 18-24, setting the cap at €300. This measure, part of the amended Responsible Gaming Policy Rule, will take effect from October 1, 2024, requiring operators to conduct financial checks on large deposits. This rule change underscores the Netherlands’ commitment to fostering a safer gambling environment, particularly for its youth.
Victoria, Australia to Review Bingo Regulations
The Victoria Gambling and Casino Control Commission (VGCCC) announced on Thursday, a comprehensive review of its bingo regulations. This inquiry aims to assess the suitability of current rules and explore the integration of modern technology in the game. With bingo generating significant revenue, the VGCCC is keen to address issues of fairness and gambling harm, inviting community and industry feedback to better understand and possibly reshape the regulatory framework.
France strengthens Gambling Prevention Ahead of Euro 2024
In anticipation of Euro 2024, France’s gambling regulator, ANJ, has launched a significant prevention campaign aimed at mitigating gambling-related harm. Highlighting the potential for a surge in betting activity, the campaign focuses on informing particularly younger audiences of the risks associated with excessive gambling. This initiative is part of a broader strategy to promote responsible gambling practices, especially during high-profile sporting events.
These regulatory updates highlight a continued global trend towards tighter gambling controls and proactive measures to ensure industry integrity and protect consumers.
At Casin.com, we will continue to closely monitor the global regulatory landscape to bring you the latest updates and insights on gambling regulations.
