Italian Football Feels Extremely Worried about New Gambling Ads Ban
Italy’s Serie A has voiced “extreme worry” over the recently approved absolute ban on any form of gambling advertising by the country’s government. The prohibition would have direct impact on the professional football league, as most of the teams playing in it are sponsored namely by gambling companies.
18 December, 2017
European Commission Draws Criticism over Closure of Online Gambling Infringement Cases
The European Commission announced that it is dropping all infringement procedures against Member States in relation to online gambling. The institution explained that it has always tried to pursue its political priorities and this approach has been reflected in its treatment of infringement cases.
21 November, 2017
UK’s Financial Conduct Authority Assumes Control over Binary Options Regulation in Early 2018
The UK Financial Conduct Authority will assume control over the regulation of the nation’s binary options industry, the financial regulator itself announced today. The FCA also issued a warning on the growing popularity of cryptocurrency CFD investing, arguing that the activity carries a high level of risk for those engaged.
20 September, 2017
FOBTs Crackdown Could Cost British Bookmakers over £150 Million in Revenue
UK gambling operators could annually lose more than £150 million in revenue as a result from the pending crackdown on fixed-odds betting terminals, The Financial Times reported citing gambling analysts.
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