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Swedish Regulator Penalises Three Gambling Firms for AML Failures

Swedish Regulator Penalises Three Gambling Firms for AML Failures

The Swedish Gambling Authority, Spelinspektionen, has imposed fines and warnings on three gambling operators—Kindred Group’s subsidiary Spooniker, AB Trav och Galopp (ATG), and PinBet—for significant shortcomings in their anti-money laundering (AML) and counter-terrorist financing measures. The combined penalties amount to SEK 18.9 million (approximately $1.8 million). Details of the Penalties The investigations, initiated in autumn … Read more

Xuan Liu Triumphs at Triton Tournament, Making History as the First Female Champion

Xuan Liu Triumphs at Triton Tournament

In a groundbreaking moment for the world of high-stakes poker, Xuan Liu has become the first woman to win a title at the prestigious Triton Super High Roller Series, marking a significant milestone in the sport’s history. Xuan Liu’s triumph at the Triton Poker Series is not just a personal achievement but a monumental event … Read more

Papara Founder Arrested in Turkey Over Gambling, Crypto

papara founder arrested in Turkiye

During a development within Turkey’s ongoing efforts to combat illegal gambling and cryptocurrency-related crimes, authorities have arrested Erkan Kork, the founder and chairman of the fintech company Papara. This arrest is part of a broader crackdown targeting financial technology firms allegedly facilitating unauthorized online betting operations and money laundering activities. Fintech Firms Under Scrutiny The … Read more

Finnish Panel Raises Alarm: Gambling Reform May Lead to Greater Public Harm

Finnish Panel Raises Alarm: Gambling Reform May Lead to Greater Public Harm

Finland’s proposed overhaul of its gambling framework has sparked significant concern among public health officials and industry stakeholders. The Finnish Institute for Health and Welfare (THL) warns that the transition from a state-run monopoly to a competitive licensing model could exacerbate gambling-related harms. THL Warns of Increased Gambling Harm The THL has expressed apprehension that … Read more

MGA Cancels Oddsfly’s License Following Long-Term Fee Defaults

Oddsfly feature image

The Malta Gaming Authority (MGA) has officially revoked the gaming license of Oddsfly Limited, citing persistent failures to meet financial obligations. This decision follows a suspension of Oddsfly’s license in August 2018 due to similar issues, including the failure to pay licensing fees and comply with regulatory requirements . The MGA’s enforcement register indicates that … Read more

Eurovision 2025: Big Voices, Bigger Bets

Eurovision betting

The Eurovision Song Contest isn’t just a musical spectacle anymore. It’s a goldmine for gamblers who know how to play the odds. The 2025 edition in Basel delivered one of the most unpredictable betting seasons in recent memory, with odds shifting wildly before and during the show. From crowd favorites to unexpected risers, here’s how … Read more

Sweden’s ATG Teams Up with Suomen Hippos to Enter Finland’s Regulated iGaming Market

Horse racing ATG

As Finland prepares to end its state monopoly on online gambling, a significant industry shift is already underway. Sweden’s ATG, best known for its horse racing betting sites, has partnered with Finland’s national trotting association, Suomen Hippos. The’re forming a joint venture that will compete in Finland’s future regulated iGaming market. This 50/50 partnership aims … Read more