Tag: regulation

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Paradise Co Profit Hit Just 9% Under Tourism Fund Reform

Paradise Co's operating profit would fall only 9% under proposed tourism fund changes, not 22%, thanks to a KRW300B threshold shielding most revenue.

South Africa Eyes Blocking Illegal Offshore Gambling

South Africa's bookmakers are urging the government to block illegal offshore online gambling sites via DNS and URL filtering, citing Australia as the model.

Ohio Moves to Ban Credit Cards for Sports Betting

Ohio regulators are advancing a rule to ban credit card funding for sports betting accounts, citing concerns over bettors using borrowed money.

Betfred to Pay £900k Over Gambling Harm Failures

Betfred operator Petfre will pay £900,000 after the UK Gambling Commission found safer-gambling failures that let one customer lose £17,900 in 24 hours.

UK Gambling Commission Seeks Industry Burden Fixes

The UK Gambling Commission has invited operators and suppliers to propose cuts to compliance burdens by 25 September 2026 — but FRAs are likely excluded.

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Galaxy chairman buys HK$130M in shares amid slump

Galaxy Entertainment chairman Francis Lui bought HK$130.3M ($16.6M) of shares on October 2, lifting his total disclosed interests to 54.24%.

Sands China reaffirms Macau conservatory commitment

Sands China CEO Grant Chum reaffirmed the Macau conservatory pledge under its gaming concession and pledged convention upgrades after 19 years of Venetian Arena events.

Jeju casino union demands island-wide AML checks

Jeju Dream Tower's worker union asks Jeju police to inspect island-wide casinos over scam-money laundering concerns after a September walkout.

Two men sentenced over illegal poker operation in Cardiff

Two men who ran an unlicensed poker venue in Cardiff received three-year suspended sentences. Investigators found six tables, £260,000 deposited and a rake from every hand.

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