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According to a Friday report from iGamingBusiness.com reported that the revised penalty means that any such firms or their agents are now looking at a minimum punishment worth €250,000 (9,430) should they be found guilty of promoting their unlicensed services using the coronavirus outbreak. The KSA purportedly revealed that it has since observed multiple iGaming operators attempting to exploit this situation by running ‘corona-free gambling’ offers even though the nation’s online casino and sportsbetting market is not due to officially open until July of next year....

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com reported that the revised penalty means that any such firms or their agents are now looking at a minimum punishment worth €250,000 (9,430) should they be found guilty of promoting their unlicensed services using the coronavirus outbreak.The journey to qualify new concepts and ideas within the development cycle is both challenging, exciting and very rewarding for all involved. Spearhead is very excited to be live with the partners of Oryx and their operators....

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’ iGamingBusiness.eu and was hit with a KSA fine of €470,000 (7,400) in August after one of its subordinates was found to have unlawfully accepted wagers from players based in the Netherlands.The journey to qualify new concepts and ideas within the development cycle is both challenging, exciting and very rewarding for all involved....