Industry News
Caymans Island’s proposed gambling law amendment faces delay
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The Caribbean Cayman Islands is going ahead with the proposed amendment of gambling laws. However, there, but the process has been delayed, as the government is analysing various aspects of the proposals.
The Gaming Bill 2018 proposals were submitted two months ago, proposing more constraints on what can be done with gambling on the islands and who can participate in it. One of the proposals of the bill is to raise fines for illegal gambling from US$400 to $10,000 and an increase in prison sentences from one to three years.
Currently, gambling is illegal in the Cayman Islands, covered by regulations passed over 50 years ago. Opposition leader Ezzard Miller is advocating for a radical change in the gambling law. He pointed out that the world has changed dramatically since the ban was introduced and now many citizens were gambling online. He is in favour of legalising lotteries so that they can be controlled and taxed.
Source: Latest News at European Gaming Media
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The Netherlands Senate voted today in favor of the country’s long-awaited online gaming legislation, which was approved by the House of Representatives back in 2014.
Today, the Dutch Senate voted in favor of legislation to legalize internet-based gambling, clearing the way for foreign and Dutch firms to apply for licenses.
On Monday, the Financieele Dagblad said some 300 companies have expressed interest in running a gambling website in the Netherlands and about 50 are expected to make a formal application for a license when they are up for grabs next year. Tuesday’s vote comes two years after the lower house voted in favor of allowing third parties to legally offer online gambling.
Holland Casino is the Netherlands’ only state-regulated gambling establishment but foreign firms widely flout the ban and continue to target Dutch punters.
The two Christian parties in the ruling coalition voted against the legislation. They claim allowing more companies to offer online betting will lead to more problems with addiction.
Source: DutchNews.nl
Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Breaking News: Dutch Senate votes to legalize online gambling
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BetConstruct announces a new strategic partnership with an online entertainment platform provider in Asia – SA Gaming.
As a result of the agreement, SA Gaming’s various slots and live casino solutions will be integrated into BetConstruct’s platform. Around 30 slots such as The Guard, World Cup Fever, Red Dragon, Saint of Mahjong, Indiana’s Quest, Dragon Tiger, and others currently fulfill their gaming catalog.
“This is an important partnership for us, as a result of which our gaming portfolio will be enhanced with more Asian themed slots and live casino games, ” says BetConstruct regional director Lusine Khudaverdyan.
Apart from the slots, SA Gaming has a wide portfolio of live casino games famous in Asia. Following the partnership, we already support such games as Baccarat, Roulette, Sic Bo, Fan Tan and Speed Baccarat from our new Asian 3rd party provider. Together with SA Gaming we believe to provide premium gaming solutions for all our partner operators.
About BetConstruct
BetConstruct is an award-winning developer and provider of online and land-based gaming solutions with development, sales, and service centers around the globe.
BetConstruct’s innovative and proven offerings include an extensive range of products and services, including Sportsbook, Sports Data Solutions, Retail Solutions, RNG & Live Dealer Casino, VR Casino, Poker, Skill Games, Fantasy Sports, Social Platform and more. The latest addition is the industry-first complete management infrastructure, SpringBME (Business Management Environment).
All partners benefit from the BetConstruct Spring platform with its powerful back-office tools and all-inclusive services that empower operators’ growth and help contain their costs. From stand-alone set up to turn-key and white label solutions, BetConstruct offers its partners unfettered opportunity to succeed.
Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: BetConstruct attained a partnership with SA Gaming
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Bangladesh Telecommunication Regulatory Commission (BTRC) has asked all the internet gateway providers and Telecom department to run an internet safety solution programme to block online gambling websites. BTRC is believed to have received an instruction to effect the same from the country’s government.
The telecom regulator has sent the order to block the websites so that these websites will not be accessible in Bangladesh again.
“It might take few more hours to block all the sites completely as blocking any site is so technical,” said Md Emdadul Hoque, general secretary of Internet Service Provider Association of Bangladesh (ISPAB).
A top official of the BTRC said they have often found complaints from different sides about online gambling and that needs to block for the sake of safe internet.
Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Bangladesh bans online gambling websites
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