New rules in the UK to tackle crime linked to gambling Posted on 5 May 2016 New requirements to prevent crime associated with gambling have been announced by the Gambling Commission. The new rules – which will come into force later this year – follow a Commission consultation that took place at the end of 2015. As part of the changes, gambling operators: must conduct an assessment of the risks of money laundering in their business, and show that they have effective policies, procedures and measures to mitigate...Read More
The below is a very sad story of a small town casino owner and the naive trust placed in an employee. The employee clearly has a gambling issue that should have been picked up by the casino owner. Placing a gambling addict in the responisbility for allocating playing credits and not having a method to verify all accounts balance of each employee is similar to placing a drunk behind the bar to serve drinks and then not counting how many drinks were sold in relation to the takings. Motherlode Sports...Read More
Residence permits will be given to foreign investors against an investment of €250,000, Economic Growth Parliamentary Secretary Jose Herrera said today. Addressing a press conference, Dr Herrera said a legal notice has been published setting out the new residence programme regulations. These would allow third country nationals to gain residence permits against a gradual investment in interest-free government bonds amounting to quarter of a million Euros. Investors would also have to invest in property worth up to €320,0000, or...Read More
GAMING IN MALTA The last decade has seen Malta emerge as the undisputed front-runner in the regulation of the online gaming industry. OVERVIEW The foresight and determination of the Maltese authorities to develop the iGaming industry, together with the Malta Gaming Authority’s (MGA) pro-active approach to the inevitable changes in the sector, have created a stable and attractive regulatory environment for this sector to flourish. In 2004, Malta became the first EU Member State to enact comprehensive legislation on remote gaming, and industry...Read More
South Korea has given the go-ahead for cruise ships to operate onboard casinos for foreign guests. The Ministry of Oceans and Fisheries said the plan has been approved by the South Korea cabinet and will come into effect on August 4 2015. Several companies have already expressed their interest and we are expecting the first vessel to cruise as early as next year, Ministry Official Han Dong-soo told The Korea Herald. However it will likely be next year before ships make the necessary changes to start casino operations. "We are currently seeking to support cruise...Read More
AACASINO LTD adheres to and follows the Nine Principles of Data Protection of Malta.
These are as follows;
The controller shall ensure that: