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GAMBLING NEWS

Gambling on credit cards to be banned

Gambling on credit cards to be banned
People are to be banned from using credit cards to place bets, in an attempt to curb problem gambling, the Gambling Commission has said. The ban, which starts on 14 April, comes after reviews of the industry by the commission and the government. A total of ...

Boekhoorn and Partners Accused of Money Laundering

Boekhoorn and Partners Accused of Money Laundering
Italian prosecutors said on Friday they have accused Dutch billionaire Marcel Boekhoorn of using money made through a business partner's criminal activities to finance his private equity fund’s acquisition of an Italian gaming software.Probing mafia ties ...

Ladbrokes Coral fined £5.9m for ‘systemic’ failure to protect customers and prevent money ...

Ladbrokes Coral fined £5.9m for ‘systemic’ failure to protect customers and prevent money laundering
Gamblers allowed to deposit large sums over a number of years despite clear warning signs they may be addicted or using stolen funds.Britain’s biggest bookmaker, Ladbrokes Coral, has been hit with a £5.9m fine over “systemic” failure to protect vulnerable...

Calls for mandatory tax on gambling industry to treat addiction in UK

Calls for mandatory tax on gambling industry to treat addiction in UK
Overhaul of laws needed, with onus on industry to reduce problem gambling, says BMJ paperGambling laws should be radically overhauled, including a mandatory tax on the industry to fund addiction treatment, according to the authors of a paper. The report,...

Money-Laundering, Censorship Fears Fanned in Swiss Gambling Vote

Money-Laundering, Censorship Fears Fanned in Swiss Gambling Vote
All Switzerland wanted to do was introduce rules to legalize online gambling. Instead it crafted a law that critics say amounts to Internet censorship, and sparked a nationwide referendum. The bill approved by both houses of Swiss Parliament late last year ...

Who's behind the blog

Who's behind the blog

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