Online betting firm Betway will pay a £11.6 million settlement for accepting stolen money from VIP customers. The UK Gambling Commission said Betway allowed £5.8 million to flow through the business, some of which was stolen money. • The Swedish Gambling Authority, Spelinspektione, has warned iGaming operator Enlabs it could lose its license if it does not start gaming activities in the country by July. The brand was awarded a license in 2018 but has failed to launch. • UK online bookmaker bet365 has expanded in Manchester, taking a five-year lease on a city building. The firm’s DevOPs department, launched in November 2019, significantly boosted bet365’s operational capacity. • DraftKings Inc. has opened an office in Dublin. The Boston-based bookmaker has been in Ireland as a DFS provider since 2017. DraftKings is actively hiring software engineers and developers for the new office. • Until March 27, Lithuania’s Gambling Supervisory Authority has announced that gamblers seeking to self-exclude may only do so online, due to the coronavirus quarantine. • In Japan, Chief Cabinet Secretary Yoshihide Suga has requested that pachinko parlors close in light of the novel coronavirus pandemic. The government has urged businesses nationwide to shut down and impose quarantine conditions. • The British Gambling Commission has suspended the license of International Multi-Media Entertainments Ltd., which operates lottery betting site Lotteries.com, due to AML and social responsibility concerns. The operator’s remote betting and casino license was suspended March 17. • Germany will legalize online casinos and poker in July under regulatory body Glücksspiel Neuregulierung Staatsvertrag, also known as GlüändStv. Slots will have a maximum bet per spin of €1, and a mandatory €1000 deposit limit, among other regulations now in development.
NEWS & NOTES
Small Nuggets of News