Gambling Regulation News | Page №3

The Quebec Online Gaming Coalition (QOGC) has become the most active organization in the discussion, suggesting changes that may revolutionize the way online gaming is operated within the province in a way that could help the economy.

A woman from Detroit named Jacqueline Davis has quite the story to tell after a five-day online gambling spree. Starting with a $50 bet, she then put $5000 on the line gambling. Davis decided to keep going until she eventually collected a $100,000 advance on her $3M winnings. The BetMGM casino was reluctant to pay up the rest as she reached millions of dollars in winnings. Saint Patrick’s day roulette game made her a winner, but now she’s up against a tough challenge of getting her payouts.

A new era in online gaming regulation: the MGA and UKGC have formalized their collaboration with a memorandum of understanding. What will this partnership between the world’s largest licensing authorities bring for players?

Betsson AB announced its latest report with numbers and statistics. The second quarter of Betsson’s work turned out to be record-breaking as the Q2 revenue was as significant as €186.3m (£158.9m/$189.5m), with the net income equal to €28.6 million or €0.21 per share. Though the results in Western Europe fell by about 40%, the market that succeeded was Latin America.