Betting industry news

    Blurify launches AI-native framework

    Blurify, an iGaming software development company, has launched Openora, an AI-native framework designed to help operators build, extend, modernize, and migrate their platforms efficiently. This open-source, modular solution aims to give operators greater control over their platform technology's evolution and address existing iGaming platform challenges.

    BreakingRegulatory

    Venetian becomes latest Bowyer AML culprit in Las Vegas, agrees to $7.2 million fine

    Venetian becomes latest Bowyer AML culprit in Las Vegas, agrees to $7.2 million fine

    The Venetian Resort Las Vegas has agreed to a $7.2 million fine for anti-money laundering (AML) violations, making it the latest major casino on the Strip to be penalized in connection with high-roller Mathew Bowyer. This marks the fourth Las Vegas casino to face such fines related to Bowyer's activities, highlighting ongoing scrutiny over AML compliance in the industry.

    EGBA files complaint against Lithuanian payment provider, calls for tougher action to cut off illegal gambling operators

    The European Gaming and Betting Association (EGBA) has formally complained to the Bank of Lithuania against Walletto, a payment provider, for allegedly processing payments related to illegal gambling operations. This action highlights a broader European issue with financial institutions facilitating illicit gambling and calls for stronger measures to disconnect these operators from payment systems.