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Recent News From DD Consultus

Gambling in Africa

Gambling in Africa

Published: 11 Feb 2019

Huge opportunities in Africa The African continent has over 1.2 billion people living in it and accounts for 16.3% of the world’s population, making it the continent with the largest population behind only Asia. Of the countries we will focus on here, Nigeria is the country with the seventh largest population in the world. The Democratic Republic of Congo is 17th and Kenya 29th. Due to its ...

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The Technicalities of the Malta Gaming Authority’s DLT Sandbox Framework

The Technicalities of the Malta Gaming Authority’s DLT Sandbox Framework

Published: 11 Dec 2018

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 and distributed ledger technology within the gaming industry. The Malta Gaming...

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Bulgaria chapter in ICLG Gaming 2019 edition - contribution of DD Consultus

Bulgaria chapter in ICLG Gaming 2019 edition - contribution of DD Consultus

Published: 26 Nov 2018

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) State Commission on Gambling Bulgaria. Poker St...

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The Evolving World of Distributed Ledger Technology Regulations

The Evolving World of Distributed Ledger Technology Regulations

Published: 15 Nov 2018

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, and potential of the new industry; th...

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The Difference between Digital Coins and Tokens?

The Difference between Digital Coins and Tokens?

Published: 19 Oct 2018

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 which some refer to the digital coins, such as Bitcoin, and tokens as...

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The Legality of USA Sports Betting Following PASPA’s Repeal

The Legality of USA Sports Betting Following PASPA’s Repeal

Published: 08 Aug 2018

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 of the United States Constitution. Following the revocation of PASPA by the Supreme Cour...

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Malta Becomes World’s First Blockchain Island Following New Regulation

Malta Becomes World’s First Blockchain Island Following New Regulation

Published: 09 Jun 2018

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 legislation into the industry to make them the biggest name in blockchain and ...

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Sweden’s Liberalised Gaming Regime to Return Power to the State

Sweden’s Liberalised Gaming Regime to Return Power to the State

Published: 02 May 2018

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’ being approved by national legislature Riksdag. In the past, Sweden has been staunchly against liberalising its mark...

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