Online gambling firms FanDuel and BetMGM are reportedly not offering in the United States some of the safeguards they have implemented in the United Kingdom. The two companies — FanDuel is owned by Irish company Flutter and BetMGM is jointly owned by British company Entain and MGM Resorts International — are leading competitors in the U.S. online gambling market, Reuters reported Wednesday...
Tag: gaming
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UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. The U.K.’s Department for Culture, Media and Sport issued a report Thursday (May 16) that would allow for cashless payments on gaming machines in places like casinos, arcades and bingo halls, while introducing an age limit of 18 for these machines. The rules would allow establishments to...
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UK gambling financial vulnerability checks to begin in August
The UK Gambling Commission has confirmed that light-touch financial vulnerability checks will come into force in two stages from August this year. From August 30 this year, the checks will come into force for online gambling customers with a net deposit of more than £500 per month on gambling, before reducing to £150 per month...