Regulatory News

Regulatory news. Week β„–29

Regulatory news. Week β„–29

It seems the heat has reached the politicians too β€” this week, they’re rather sparse on new lawsβ˜€οΈπŸ‘¨πŸ»β€βš–οΈ

πŸ“ˆ Putin Signs Law Increasing Tax on Interactive Bets

The tax for bookmakers in Russia on processing centers will rise from β‚½2.5βˆ’3 million to β‚½9.5βˆ’10 million.

πŸ“‹ Ireland to Create Self-Exclusion Register

This register will allow users to ban themselves from gambling. If an operator allows such a player access to their platform, they will face a hefty fine β€” up to €20 million or 10% of their turnover.

🧺 Curaçao Revises Anti-Money Laundering Rules

The update will come into effect on September 1, 2024. Operators will be required to have a dedicated AML officer and conduct thorough checks no later than when a player makes a transaction of €2,200. CuraΓ§ao licensees will also need to maintain more internal documents, policies, and practical guidelines.

Stay tuned for the latest regulatory news from the world of gambling! πŸ“°βœ¨