Online Poker News in Malta - Latest News, Top Stories & Analysis January 2022

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Gambling is accessible as ever today, therefore, there are lots of choices for gamblers on what to bet on at online casinos! The emergence of online gambling has made it all much easier for all those who want to place bets. Especially, for those who gamble from mobiles.

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.

Credit card gambling banned from April 2020. All UK based gamblers will be unable to use their credit cards to place bets online. This follows a serious shake up by the UK industry regulator.

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.

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.

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.

Well, it had to happen. UK calls for online gambling limits were discussed by MP's last week. And lo and behold, some of the largest UK betting companies immediately saw a massive drop in company share value. This was thanks to a new Government report which suggested  that the maximum online wager should be £2.

Even though there has been  a decline in number of UK child gamblers, prepare yourself. Tiss the season for a slew of horror stories about child addicts. That’s because it’s the time of the year that the Gambling Commission puts out it’s annual report on young people and gambling. The Daily Mail, never one to tone anything down, had to jump in. It wrote, “Now 55,000 children are gambling addicts - quadruple the number of only three years ago”