Los Angeles sues Evolution AB and Hacksaw AB over Stake.us

Sweden’s regulator Spelinspektionen has confirmed a warning and fine against Kanon Gaming Limited after the administrative court ruling. The fine was reduced to 4.8 million SEK (approx. €408,000), but the court stressed the penalty must remain significant due to the seriousness and duration of the breaches. The case highlights the strict enforcement of responsible gambling obligations in Sweden and shows that corrective actions alone may not protect operators from financial consequences. https://lnkd.in/gTkbBgZ9

Upcoming changes to the Gibraltar gaming regulatory framework could have broader implications on Joint Conduct Agreements. Read our article to find out more. #gaming #tax #VAT Chris Borg | Vanessa Micallef | Deloitte https://lnkd.in/e89biJrX

🔍 Understanding regulatory change in the gaming sector.   The proposed Gibraltar Gambling Bill could impact the way Joint Conduct Agreements (JCAs) operate between Malta and Gibraltar. Discover what this means for operators, compliance, and tax implications in Deloitte Malta’s latest insight. 👉 https://lnkd.in/eqAZH-yD #DeloitteMalta  Chris Borg | Timothy Borg Olivier | Deloitte

Preview of a New Series: Gaming Done Right – Understanding Sweepstakes So many people — whether business owners or regular clients — have asked me the same thing over and over again: “Are sweepstakes just another form of gaming or gambling?” My dear audience, here we go. Let’s dive into sweepstakes in my next series: Gaming Done Right. Why this matters Sweepstakes are not gaming. They are not gambling. They stand on their own regulatory footing — with specific compliance requirements and practical applications. I see more and more interest: - Notaries looking for tools to run promotional campaigns. - iGaming operators exploring sweepstakes as a legal alternative to gambling - - mechanics. And that’s why this new series is needed. What’s coming in the series? 1.What sweepstakes really are – and why they are not gambling. 2.Sweepstakes vs. lottery vs. gaming – the clear differences. 3.Real-life examples – where sweepstakes are being used successfully. 4.Technology & compliance – what’s required to implement them safely. Bottom line: Sweepstakes are a powerful tool when understood correctly. But like everything in our industry, success depends on building them on the right legal and compliance foundation. 📌 First post: “What are sweepstakes — and why they are not gambling?” — Ruben Attias Lawyer | Banking & Compliance | Helping businesses navigate gaming, lottery, and promotional law #Sweepstakes #GamingLaw #Compliance #Lottery #Fintech #Promotions #GamingDoneRight

Curaçao regulator reaffirms operational stability The Curaçao Gaming Authority (CGA) has issued a public statement confirming that its regulatory and supervisory activities remain unaffected following the recent resignation of its Supervisory Board. Despite the transition, the Authority continues to function under the framework of the National Ordinance on Games of Chance (LOK), enacted in December 2024, which governs the island’s modernised gaming regime. This clarification follows the government’s decision to transfer oversight of the CGA from the Ministry of Finance to the Ministry of Justice, a move intended to reinforce legal compliance and transparency. The Authority’s statement serves to reassure operators, service providers, and international regulators that all licensing and supervisory functions continue without interruption. The CGA’s reaffirmation reflects Curaçao’s broader effort to strengthen its position as a credible and transparent jurisdiction for online gaming. The appointment of a new Supervisory Board is expected to follow in due course, ensuring continuity of governance. Read the full analysis at Malta Media: https://lnkd.in/dsfUtsNs Curacao Gaming Authority Financial Action Task Force (FATF) International Betting Integrity Association European Gaming and Betting Association (EGBA) Rahapeliala ry Gibraltar Financial Services Commission Deutscher Online Casinoverband e.V. OVWG Österreichische Vereinigung für Wetten und Glücksspiel APAJO - Associação Portuguesa de Apostas e Jogos Online MICHAEL SCHMITT

The leading U.S. online gaming trade group has rolled out a comprehensive new digital platform, ideagrowth.org, giving lawmakers, regulators, journalists, and the public a single, data-driven source for everything from market stats to responsible gaming resources. https://lnkd.in/dBdAnu5c

Seychelles implements regulatory reforms to develop its digital gaming sector, with market revenue projected to reach $74 million by 2031 through licensing framework updates. https://lnkd.in/gYTqjzyH

🎯 Gaming Done Right – Post #1: What Are Sweepstakes (and Why They’re Not Gambling) Let’s clear something up once and for all. Sweepstakes are not gambling. I get this question constantly — from gaming operators, entrepreneurs, even compliance officers: “If people win prizes, doesn’t that automatically make it gambling?” Well not necessarily. Here’s the key difference, gambling always has three elements: 1. Consideration – the player pays to participate. 2. Chance – the outcome is random. 3. Prize – something of value to be won. If all three exist, we entered the gambling world. If one is removed, welcome to the gray spectrum. Sweepstakes the-facto removes consideration. Participation is free, meaning there’s no mandatory payment to enter. That distinction is what keeps sweepstakes legal and outside gambling law in many jurisdictions. Why this matters Sweepstakes are used in: • 🎟️ Marketing & promotions, where users join for free or through engagement. • 🎰 iGaming ecosystems, as compliant alternatives to betting or casino mechanics. • 🏦 Financial or tech platforms, to increase engagement while staying compliant. When structured properly, sweepstakes allow real rewards, real excitement — but under the framework of consumer engagement, not gambling. At our firm We’re helping companies design compliant sweepstake models, understanding where the line is drawn between gaming, lottery, and entertainment. It’s about creativity backed by compliance — gaming done right. 📌 Next in the series: Sweepstakes vs Lottery vs Gaming – what separates them legally and commercially, and how to position your product the smart way. Ruben Attias Lawyer | Banking, Gaming & Compliance | Helping businesses build structures that last #Sweepstakes #GamingLaw #Compliance #Lottery #Fintech #Promotions #GamingDoneRight #RegulatorySeries

𝗣𝗹𝗮𝘆𝘁𝗲𝗰𝗵 𝘀𝘁𝗮𝗻𝗱𝘀 𝗯𝗲𝗵𝗶𝗻𝗱 𝗕𝗹𝗮𝗰𝗸 𝗖𝘂𝗯𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗼𝗻 𝗘𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻. On the same day we revealed Playtech as the secret Black Cube client, the company’s stock plunged 34% before recovering slightly to £2.56 per share. In a statement, Playtech said it stands by its decision to hire the Israeli intelligence firm to investigate Evolution’s activities in prohibited and sanctioned markets. A Playtech spokesperson dismissed claims of a smear campaign as “wholly untrue” and accused Evolution of “avoiding legitimate scrutiny” over its business practices. But regulators, including New Jersey’s Division of Gaming Enforcement, have already cleared Evolution of wrongdoing, and courts have ruled the 2021 report inaccurate. Analysts at Regulus Partners said the move was “worse than a crime,” arguing it as a "mistake" that has left Playtech financially vulnerable and deepened mistrust across the sector. Meanwhile, Black Cube also stood by its work, promising to defend its intelligence findings in court. The fallout marks one of the most dramatic single-day turns in iGaming, as matters continue to unfold in real time. Full story by Zak Thomas-Akoo — link in comments 👇

🗞️ Evolution anticipates UK licence review update by year-end Evolution CEO Martin Carlesund told analysts he expects the Gambling Commission to provide an update on its ongoing review of the supplier’s UK licence by December. ⚖️ The review began last December after the regulator found Evolution’s games had been supplied to unlicensed operators. The case forms part of the Commission’s wider crackdown on supplier compliance and black market activity. 🎯 “It’s in the hands of the regulator and our estimation is that it will be by the end of this year,” Carlesund said, adding that the company continues to cooperate fully. 📊 The update comes as Evolution reported Q3 revenue down 2.4% to €507.1m and profit down 23.2%, with ongoing pressures in Asia and continued European ring-fencing to meet compliance requirements. ⬇️ Full story linked below in the comments.