#SOF

Crypto Daily

Are UKGC-licensed casinos allowed to use cryptocurrency?

The UK Gambling Commission (UKGC) keeps an eye on the UK's online gambling industry to make sure it's safe, fair, and honest. It sets criteria for internet casinos to follow, which protects consumers and keeps them in compliance with the law. There has been a noticeable shift towards digital innovation in the banking sector with the introduction of…

Payment Methods ・ 7 days

Gambling Industry News

Gambling Commission Fines William Hill Record £19.2 Million for Serious Failings

The UK Gambling Commission has fined the William Hill Group a record £19.2 million (€21.8 million) for serious social responsibility and anti-money laundering failures at three of its gambling businesses. One new customer allowed to lose £20k in 20 minutes with no checks or customer interactions According to the commission announcement, WHG…

Gaming Authorities ・ 29 March 2023

Blockonomi

Coinplay Review 2022: Crypto Gambling & Betting

A new era in gaming is being led by platforms like Coinplay, which offers its users new ways to gamble and bet in a secure way, all while exposing them to the growing crypto market via Bitcoin. Gambling has been an important aspect of human civilization ever since the first communities started forming back in the Paleolithic era. Now, some big…

Crypto ・ 08 November 2022

Bettors Insider

Proving the source of wealth at an online casino

Casinos will ask for information about their players when necessary, but is it normal for them to ask for proof of source of funds? The answer is yes. Proof of source of funds at an online casino is important due to a number of laws, directives and the security of the player and the gaming site. Many new casino players may be surprised at how…

Malta ・ 03 November 2022

Super Slots Casino

$6,000 Welcome Bonus

Players can claim the SUPER300 bonus code on their first three deposits only. The minimum deposit amount required to redeem each bonus code is $25. This bonus is not valid in the Live Dealer Casino. The deposit plus bonus amount is subject to a 45X playthrough requirement before any winnings can be withdrawn.

Casino Guardian

Casinomeister Forum Poll Puts under Question Efficiency of UK Online Gambling Operators’ SOW Checks

So far, it has already become clear that so-called are here to stay on the territory of the UK, especially when it comes to casinos whose operating licences are issued by the competent authorities in Malta and the UK. For the time being, these are the only two jurisdictions that expect players to present evidence of personal banking information in…

Industry ・ 22 September 2022

Vegas Slots Online

UK Gambling Commission Hits 888 UK With £9.4m Penalty

The UK Gambling Commission has hit 888 UK Limited with a £9.4m ($12.6m) fine, one of the largest financial penalties the regulatory body has ever issued. On Tuesday, the UKGC took to Twitter to share news of 888's fine for social responsibility and money laundering failings: UKGC CEO Andrew Rhodes warned that if 888 breaks UK gaming laws again, the…

Gaming Authorities ・ 01 March 2022

Largs & Millport

Online gambling business 888 fined £9.4m

Online gambling firm 888 has been fined £9.4 million for social responsibility and money laundering failings. The Gambling Commission said 888 UK Limited, which operates 78 websites including 888.com, had also received an official warning and would undergo extensive independent auditing. The fine - one of the largest imposed by the regulator to…

Industry ・ 01 March 2022