Bitcoin Gaming Warning from UK Gambling Commission

The UK Gambling Commission will be stepping up its efforts to regulate online gambling, as it issued a warning to bitcoin gaming operators to get the necessary licenses or face penalties. The commission stressed that regulations require gambling websites that offer services in the UK to have a license regardless of the currency it uses. “We wrote to these operators because they were either advertising gambling illegally or illegally offering gambling products to consumers or both,” said UKGC CEO Jenny Williams. “The Commission neither prohibits nor encourages bitcoin. We are interested only in ensuring the proper regulation of gambling products consumed…

Former Interpol chief issues match-fixing warning for World Cup

iGaming Business – Khoo Boon Hui, former president of Interpol, the International Criminal Police Organisation, has warned that global scrutiny of the 2014 Fifa World Cup will not deter individuals from attempting to fix matches during the upcoming national team football tournament in Brazil. Khoo, who held the role of Interpol president between 2008 and 2012, now serves as senior deputy secretary of home affairs for Singapore and also sits on the advisory board for the International Centre for Sport Security (ICSS). According to the Kyodo news agency, Khoo said that the huge interest in the tournament will not dissuade…