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AGA New Code Update Bars ‘Risk-Free Bets’ and College Partnerships

The American Gaming Association (AGA) has updated its Responsible Marketing Code for Sports Wagering to include bans on risk-free bets and most partnerships with universities and colleges. The changes come as US sportsbooks come under increasing pressure from state lawmakers to ban the controversial marketing techniques anyways. Under the terms of the new code, operators…

William Hill Hit with Record £19.2 Million Fine

William Hill was hit with a record £19.2 million ($23.6 million USD) fine from the British Gambling Commission (BGC) for anti-money laundering (AML) and social responsibility failings that were described by regulators as "widespread." The fine was spread across three William Hill-operated brands including £12.5 million ($15.3 million) for williamhill.com; £3.7 million ($4.5 million uSD)…

Betr Co-Founder, Influencer Jack Paul Settles with SEC in Crypto Case

Social media influencer and Betr sportsbook co-founder Jake Paul recently got some unwanted attention from the Securities and Exchange Commission (SEC) and moved quickly to make sure the regulator wasn't on his back for too long. Paul was one of several celebrities who settled with the SEC for their roles in promoting various cryptocurrencies, without…

GB Gambling Commission Hits Kindred with £7.1 Million Fine

British gaming regulators hit Kindred Group brands 32Red and Platinum Gaming with a combined £7.1 million ($8.8 million USD) fine for various social responsibility and anti-money laundering (AML) compliance issues. The fines show that the Commission is still very much on the job while it waits for the long-promised gambling reform white paper, that's been…

Is Professional Wrestling the Next Big Thing for Regulated Sports Betting?

Will professional wrestling be the next-big-thing for regulated US sports betting operators? A recent report from CNBC suggests that representatives of the WWE have approached gaming regulators in Colorado and Michigan with a plan for marketing wagers on professional wrestling matches in their states. Though the idea isn't that far-fetched, wagering on events whose outcome…

Flutter Pays Out $4M Fine for PokerStars Russia Violations

Flutter, the parent company of PokerStars, is paying out a $4 million fine to the Securities and Exchange Commission (SEC) for violations of US anti-corruption laws relating to the company's business practices in Russia. The violations were of the legacy variety and occurred mostly before Flutter acquired Pokerstars' parent the Stars Group back in 2019.…