CasinoCity Times

    BreakingRegulatory

    UKGC suspends Targetlocal license

    The UK Gambling Commission (UKGC) has suspended the operating license of Targetlocal, trading as Ken Howell's Sports betting. This suspension follows inquiries that identified significant anti-money laundering (AML) failings within the company. The action underscores the UKGC's strict enforcement of AML compliance.

    NCPG: The risk of prediction markets harm is real

    The National Council on Problem Gambling (NCPG) released a statement from its Board President addressing the potential for gambling-related harm from the growing prediction markets. The NCPG is developing a strategic approach to mitigate these risks and advocate for consumer protection. This highlights increasing concern over the responsible growth of this market segment.