#Smarkets

Casino Guardian

UKGC Suspends Online Gambling Operator’s Licence for Failing to Participate in GAMSTOP

The UK Gambling Commission revealed that it has suspended an online gambling company from transacting with British customers after the operator failed to participate in GAMSTOP, the country's safer gambling self-exclusion scheme. As of November 3rd, 2022, LEBOM Limited, which trades from the lebom.app platform, has been suspended from operating…

Industry ・ 04 November 2022

Techstory

Top 10 Interesting Gambling Tech Startups

With the advancements in gambling and sports betting technology, we can see that the industry is truly moving in the right direction. There are plenty of innovative companies to thank for these developments. These gaming tech startups saw the need for change and took active steps to make those steps feasible by taking a productive approach. Below,…

Top and Best ・ 22 September 2022

Gambling Commission

Smarkets handed six-figure fine by Gambling Commission

An online gambling operator will pay a financial penalty of £630000 after an investigation by the Gambling Commission revealed a series of anti-money laundering and social responsibility failings. Smarkets (Malta) Limited will pay the six-figure sum for the failings, which saw customers being allowed to gamble without adequate source of funds…

Gaming Authorities ・ 15 August 2022

Casino City Times

Smarkets handed six-figure fine by UK Gambling Commission

Gaming News 12 August 2022 (PRESS RELEASE) -- An online gambling operator will pay a financial penalty of £630000 after an investigation by the Gambling Commission revealed a series of anti-money laundering and social responsibility failings. Smarkets (Malta) Limited will pay the six-figure sum for the failings, which saw customers being allowed to…

Gaming Authorities ・ 13 August 2022

Wild Casino

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Gambling Industry News

UK Gambling Commission Fines Smarkets For AML and Social Responsibility Failings

The UK Gambling Commission has fined online gambling operator Smarkets £630000 (€743243) following an investigation that uncovered anti-money laundering (AML) and social responsibility failures. According to the Gambling Commission's statement, Smarkets allowed customers to gamble without providing sufficient proof relating to source of funds. The…

Gaming Authorities ・ 12 August 2022

Casino Guru

UK Gambling Commission imposes £630k fine against Smarkets

The Gambling Commission, the gambling regulator in the UK, announced it imposed a monetary penalty against Smarkets, the online gambling operator. The Commission said Thursday that it imposed a £630000 ($763374) financial penalty which comes after it discovered anti-money laundering and social responsibility breaches. In a statement released on…

Gaming Authorities ・ 11 August 2022

News From Wales

How Will Online Gambling Change in 2022?

2022 could see some significant changes in online gambling, as the sector continues to evolve to meet its growing demand. It is estimated that the revenue from the online gambling industry in 2022 could be as high as $1 trillion, a remarkable figure however it is reached. Online gambling in the UK continues to be incredibly popular. Its growth is…

Covid ・ 17 February 2022

Sports Mole

Unibet sign up offer 2022: Get £40 moneyback and £10 on casino

Fancy redeeming a Unibet sign up offer today? If so, there are several you can choose from - as detailed here. Grab your exclusive £40 Unibet sign up offer for sports betting and casino, valid right now in 2022. The good thing about the Unibet welcome bonuses are that none of them are overly difficult to claim. But first thing's first, you must…

Sports ・ 28 January 2022

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Techstory

7 Best Gambling Startup

Globally there have been a lot of changes in how things are done, with many firms going for more innovative and scalable models. Fortunately, the gambling world has been at the forefront of this new development. The betting industry has over the years seen a rise in online gambling startups born from redefining models to change how betting works.…

Top and Best ・ 21 December 2021

Gambling News

Regulatory Hearings in Nevada Could Change Gambling Long-Term

Upcoming regulatory hearings could lead to long-term changes to Nevada's casinos gaming scene. Upcoming regulatory hearings in Nevada could change the way people gamble in the state in the future. On Wednesday, the Nevada Gaming Control Board (NGCB) will discuss changing its definition of "wagering accounts," which could lead to a more flexible…

Gaming Authorities ・ 16 August 2021