Montenegro gambling in turmoil as e-payments ban is authorised 

The government of Montenegro has been urged to explain why it has authorised amendments to impose a ban on electronic payments services for gambling.

Conflicts arise in the Balkans nation as the government has confirmed that it will “enact amendments to Gambling Laws” that will prohibit the use of modern payment systems for gambling.

The controversial amendments contravene EU competition rules by blocking e-banking, IPS, and mobile payment services such as PayPal and Apple Pay.

Controversy surrounds the government of Montenegro’s action plan to strengthen its anti-money-laundering (AML) compliance framework to meet the concerns outlined by MONEYVAL, the financial intelligence monitoring body of the Council of Europe.

Montenegro had been advised to “step up efforts to investigate and effectively prosecute money laundering and strengthen the supervision of high-risk non-financial businesses and professions”.

In response, the Ministry of Finance recommended imposing amendments to Art..

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BOS rejects technical terms of credit ban on Swedish gambling

Branschföreningen för Onlinespel (BOS), Sweden’s online gambling trade association, has urged the government to rethink the framework applied to its comprehensive ban on gambling on credit.

The measure proposed by the Ministry of Finance will see Sweden adopt an outright ban on all forms of credit applied to gambling transactions.

Current laws prohibit all licensed operators from processing credit card transactions, as specified by the Gaming Act of 2018, the legislative framework which re-launched Sweden’s gambling market.

Yet amendments endorsed by the Ministry of Finance have proposed that an outright ban on all forms of credit-funded payments be applied to Swedish gambling.

As such, beyond credit card transactions, licensed operators would no longer be able to process any credit-based funds such as personal loans, deferred payments, and overdrafts.

The comprehensive ban on credit transactions forms part of a package of measures proposed by the Ministry, which called for greate..

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Swedish trade association pushes back on credit ban

Branschföreningen för Onlinespel, Sweden’s online gambling trade association, urges the government to rethink its proposed comprehensive ban on gambling with credit.

The Ministry of Finance‘s proposal will enforce an outright ban on all forms of credit for gambling transactions.

Current laws prohibit licensed operators from processing credit card transactions as specified by the Gaming Act of 2018, which re-launched Sweden’s gambling market. The new amendments go further, banning all forms of credit-funded payments for gambling.

This means that beyond credit card transactions, licensed operators won’t be able to process any credit-based funds, including personal loans, deferred payments, and overdrafts.

The Ministry’s comprehensive ban on credit transactions is part of a package calling for greater enforcement powers for the Gambling Inspectorate, Spelinspektionen, and new duty of care requirements to prevent excessive gambling.

The government is moving forward with the legislativ..

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Sports wagering in the context of addictive disorders: results from a census-matched US sample

This paper explores how diverse forms of sports wagering are related to engagement in and symptoms of addiction to a variety of behaviours and substances.  What are the associations between various forms of sports betting frequency (ie. traditional fantasy sports play, daily fantasy sports play, traditional sports betting, and e-sports betting) and frequency of various…

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Symptoms of problem gambling among US adults who wager on sports

Recent US Supreme Court rulings, increased promotion of fantasy and daily fantasy sports, and the rise of e-sports have all fuelled new avenues for US individuals to gamble on sports. Even so, research in this domain has lagged in the US. To address this lag, this research examina four categories of sports-wagering behaviours: (1) general…

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Impulsivity and diverse forms of sports wagering in the US: an examination of the UPPS-P model 

This research sought to test links between trait impulsivity, a known risk factor for addictive behaviours generally and problem gambling specifically, and specific forms of sports gambling.  Key findings: There was consistent evidence that impulsivity is related to all aspects of sports gambling, from past year involvement generally, to depth and breadth of engagement, to…

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Research finds bettors like to booze

New research from professors at the University of Nevada, Las Vegas (UNLV) and the University of New Mexico has found that sports bettors are more likely to indulge in binge drinking than people who do not gamble. The research forms part of a two-year body of research carried out by the Behavioral Addictions Lab at…

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CasinoBeats Summit: Players must be at the centre of casino innovation

The future of any industry can be difficult to predict given the variables that can determine its progression.

However, it was unanimously agreed across CasinoBeats Summit’s Industry Trends and Future Predictions panel that personalisation and the player must be one of, if not the most, important factors for any casino and their future innovation prospects.

Sponsored by NetBet, the Industry Trends and Future Predictions panel featured a variety of industry experts from across sectors who forecasted their unique perspectives on what casino and slots platforms might look like in the years to come.

On the panel was Dmitry Starostenkov, CEO of EvenBet Gaming; Inesa Glazaite, Chief Commercial Officer of iGP; Itai Zak, Executive Director of Digicode and former CEO of SBTech; Alexander Martin, Advisor & NED at Dice GP and former CEO of SKS365; and Mark Taffler, Commercial Director of Hub88.

Moderated by SBC Media’s Project Director, Martyn Elliott, the panel was asked about casino innov..

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