Online Poker News in France - Latest News, Top Stories & Analysis September 2020

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Online sportsbook, Betway like to be number one in the industry. And so their new honor came as a nice surprise. In fact it was a record fine for Betway of $11.6 million for accepting bets with stolen funds. Next to actually losing their licence, this was the UK's biggest fine for a bookmaker and was part of a settlement for a number of serious compliance failings.

The UK Gambling Commission (UKGC), the country’s gaming regulator, said that it was actively exploring the idea of a £2 online slots-cap. On this news some of the UK's largest betting companies saw their shares take a hammering.

So it turns out that Swedish female gambling addicts outnumber men. This was the conclusion of the health authority's most recent overview. The report discovered there was no gender gap among problem gamblers, with over half now being women.

The Balkan State recently charged a Bulgarian gambling czar known as “The Skull” with organizing a crime group, extortion, and attempted bribery. He was charged in absentia, as it appears he fled the country. But just today, 2nd Feb, he was detained in the United Arab Emirates under a European Arrest warrant.

A Lottery winner stole $4 million ticket in December 2019. A Massachusetts woman who claimed a $4 million scratch-ticket prize, is now accused of exploiting the alleged real winner, because he couldn’t speak English.

Japanese public prosecutor raided gaming company. It was recently reported that the Tokyo Public Prosecutor’s office conducted a raid on an as yet unidentified gaming company in the city. This was in connection to an ongoing probe into bribery that could have serious implications on the countries efforts to open legalized gambling resorts.

The fugitive PokerStars founder surrendered to US authorities this week.  Isai Scheinberg, the founder of the online casino, PokerStars is finally in federal custody after nine years on the lamb. He is charged with bank fraud, money laundering and illegal gambling after being indited by the US Department of Justice.

In 2005, under the Gambling Act, the UK Gambling Commission (UKGC) was born. It's purpose is to regulate commercial gambling in Great Britain. Being sponsored by the Department for Digital, Culture, Media & Sport (DCMS) and it sets out the licensing conditions and codes of practice.