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Daily News: Russia bans transfers to online casinos and Lithuania bans gambling advertising

The Lithuanian authorities will ban ANY advertising of gambling

The decision was made at the last meeting of the Saeima, during which 108 deputies voted for the ban on advertising of gambling, 8 members of the Seimas abstained. This means that any online and offline promotion of gambling in the country will be illegal.

The amendment will come into legal force on July 1, after the second vote of the Seimas.

LeoVegas plans to enter the US market in the first half of 2022.

The first brand of the Swedish operator in the United States will be launched in New Jersey.

New Jersey is one of the most popular entry points to the US market for operators, software providers and game content developers from around the world. In the past few months, Enteractive, Mr Gamble and EveryMatrix have debuted in the US through this state. Also, New Jersey is one of the largest markets in the country. In 2020, the state's revenue amounted to $1 billion.

Large fines will be applied for money transfers to the accounts of illegal online casinos in Russia

The State Duma was introduced a bill, according to which officials and legal entities will be charged large fines for money transfers to illegal online casinos in the Russian Federation.

  • From 100,000 to 500,000 rubles for official bodies.
  • From 25% to 40% of the transaction amount, but not less than 5 million rubles for legal entities.

The Malta Gambling Authority believes that many online casinos operating under their license ignore anti-money laundering regulations and requirements.

The agency analyzed the information that online casinos collect about players, especially those who fall under high risk, and concluded that this is not enough. The agency stated that the data on the players was very formal and insignificant in terms of anti money laundering and counter-terrorism. Sometimes gambling providers collect unnecessary data about gamblers, for example, there is a column about employment, but there is no word about the client's industry. The report also says that one of the casino operators did not apply comprehensive measures to control user’s activity, some were in countries with a high level of risk, others made large bets with low odds.

If the measures begin to tighten, it will probably be very difficult to get verified in a casino licensed in Malta ...

Record jackpot has been drawn at PokerStars Casino

The PokerStars Casino client won almost record jackpot of more than €8 million, which has been won in the Jackpot King slot. The company’s management noted that was an absolute record for this slot. A lucky winner spent €1 and won €8,133,445.

PokerStars claims that this kind of slots is certainly interesting for players because they can get rich by winning the jackpot. The name of the lucky one hasn’t been disclosed.

It remains to congratulate the newly-made millionaire and wish him not to spend all this win for gambling.