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The Technicalities of the Malta Gaming Authority’s DLT Sandbox Framework The nation of Malta has led the way with its blockchain regulations and has encouraged its other major authorities to embrace the technology. The Malta Gaming Authority is a leading regulator of online and land-based gambling and has recently published its guidelines to move towards accepting virtual financial assets andRead more

Bulgaria chapter in ICLG Gaming 2019 edition - contribution of DD Consultus 1 Relevant Authorities and Legislation 1.1 Which entities regulate what type of gambling and social/skill gaming activity in your jurisdiction? Relevant Product Who regulates it in digital form? Who regulates it in land-based form? Gaming Casino gaming (including slots and casino table games such as roulette & blackjack)Read more

The Evolving World of Distributed Ledger Technology Regulations The global need for Distributed Ledger Technology (DLT) Regulations There are two primary reasons behind the governments around the world being rather coy about establishing legally binding regulations for distributed ledger technology and the resulting debate as to the legitimacy of such regulations: a lack of knowledge concerning the function, application, andRead more

The Difference between Digital Coins and Tokens? The world of cryptocurrencies and blockchain continues to expand from its humble beginnings to becoming buzzwords by the conclusion of 2017, to now, when more people and businesses understand the new technology, as well as, its range of applications. One common point of confusion that has arisen surrounds the frivolous nature in whichRead more

The Legality of USA Sports Betting Following PASPA’s Repeal On May 14, 2018, the Supreme Court of the United States overturned the Professional and Amateur Sports Protection Act (PASPA). This action was taken after the state of New Jersey sued PASPA in the case of Murphy v. National Collegiate Athletic Association, claiming that the law infringed the Tenth Amendment ofRead more

Malta Becomes World’s First Blockchain Island Following New Regulation On 4 July 2018, Malta officially passed three bills into law which establishes it as one of the first countries to enact a regulatory framework for blockchain technologies and cryptocurrency. While other nations have decided to wait for a tried-and-tested legal framework to base their regulations on, Malta has pioneered legislationRead more

Sweden’s Liberalised Gaming Regime to Return Power to the State Sweden has been a grey market in the modern age of online gambling, and yet the nation has spawned some of the biggest names in the industry. As of 1 January 2019, however, Sweden will become a fully regulated market following the aptly named bill ‘A Re-Regulated Gambling Market’ beingRead more

Romania revamps its gambling legislation by publishing detailed regulations On Wednesday, February 24th, Romania’s Government has finalised and adopted detailed technical and operational regulations for the gambling industry regarding both online and land-based companies. The revamped legislation, published by ONJN (Oficiul Național pentru Jocuri de Noroc) on Monday, 29th February, sets the rules and regulations which operators must comply withRead more

Romania – next from ex Eastern Bloc to legalise online gaming A new gambling legislation, the Government Emergency Ordinance (GEO 92/2014), is to enter into force in Romania on 13th February 2015, after the government approved amendments, right before the end of 2014, to the country’s main piece of legislation on gambling, Government Emergency Ordinance (GEO 77/2009). The amendments inRead more

The Maltese Jurisdiction Malta has become the European hub of i-Gaming, licensing hundreds of gaming companies and service providers, including some of the largest and most profitable operators in the gaming industry. The Lotteries and Gaming Authority (LGA), the Malta remote gaming regulatory organisation, issues licences to gaming operators engaged in the online gaming business, offering games through distance communication,Read more