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David Clifton: Licensing Expert – Betfred penalty raises multi-market concerns

The announcement by the UK Gambling Commission (UKGC) that Gibraltar-based Betfred.com is the most recent recipient of a hefty financial penalty for AML failings has served to raise once again the question why so many overseas-based remote operators have run into such problems with the UK regulator. In the Betfred case, it has not just been a case of concern …

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Winning Post : UK gambling… No sign of the fun ever stopping

Industry strategic consultancy Regulus Partners breaks down a week in which UK gambling has been cross-examined by Parliament, the House of Lords, the NHS and further academic institutions… ________________ UK Parliament – no sign of the “fun” stopping in spite of Britain’s political meltdown In spite of the staccato nature of parliamentary politics right now, there was still time this …

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City anticipates tough choices in Flutter’s pursuit of Stars

City analysts are pondering how Flutter Entertainment will sooth competition concerns across multiple markets, attached to its bold merger pursuit with digital rival The Stars Group Inc. Since the merger was propositioned on 2 October, Flutter CEO Peter Jackson and corporate governance have emphasised confidence in clearing all regulatory hurdles to deliver a £10 billion online gambling powerhouse. The stakes …

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GiG renews ISO Tech Security certificate

Updating stakeholders, Stockholm-listed Gaming Innovation Group (GiG) has confirmed that it has been accredited with ISO-27001 certification for a further year. Sanctioned by the consumer standards and protections NGO the ‘International Organisation for Standardization’, ISO-27001 is regarded as one of the highest-ranking global IT security certificates for technology enterprises. ISO accreditation follows a review of GIG’s technology stack, analysing the …

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DGOJ revamps AEAT tax data collaboration

Updating licensed incumbents, Spanish gambling regulator DGOJ has renewed its cooperation agreement with ‘Agencia Tributaria’ (AEAT), Spain’s tax agency. Both institutions confirm that they will move to revamp data and information mechanisms monitoring the tax compliance of Spanish licensed operators, that have been in place since 2014. Establishing new partnership terms, DGOJ officials will have access to the AEAT’s database …

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HKJC prize bumps up Betting Shop Manager of the Year award

The Hong Kong Jockey Club (HKJC) has added further prestige to this year’s ‘Racing Post/SIS Betting Shop Manager of the Year’ award, confirming that the winner will be further rewarded with a ‘once a lifetime trip’ to Hong Kong. Racing Post and SIS have whittled down a final field of 24 shop managers, competing for the award which will be …

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Brazilian sports seeks to establish Committee for betting protections

Leading figureheads in Brazilian sports governance have urged the PSL government to help form a ‘Sports Integrity Committee’, driving an agenda on developing sports betting safeguards and protections. At present, Brazilian policymakers are assessing the regulatory frameworks propositioned by the government’s ‘draft decree’ on establishing a regulated land-based and digital sports betting marketplace. This summer, Brazilian authorities allowed diverse stakeholders …

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Power Up! SG Digital launches OpenGaming end-to-end ecosystem

SG Digital has unveiled its new ‘OpenGaming’ end-to-end digital ecosystem, seeking to deliver industry incumbents with the most flexible, content-rich and robust gaming engine. Adding OpenGaming to its operator systems portfolio, SG Digital details that it has developed the industry’s most sophisticated content aggregation technology, which will provide clients with a new wave of immersive gaming experiences supplied through one …

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Racing Post B2B appoints Alan Casey as Trading Partnerships lead

Racing Post B2B continues to revamp its senior management structures, confirming the appointment of Alan Casey to the position of Head of Trading Partnerships. Casey joins Racing Post B2B from online betting exchange BETDAQ (GVC Holdings), where he formerly served as Commercial Manager and API lead. Updating the market, Racing Post B2B details that Casey will be a key stakeholder …

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GiG appoints HooYu to harmonise KYC lifecycles

Stockholm-listed Gaming Innovation Group (GiG) has appointed HooYu, developer of digital identity verification systems to revamp its customer compliance and KYC frameworks, improving player experience and engagements. Focusing on smoothing customer onboarding disciplines, HooYu is tasked with enhancing GiG’s all-around KYC capacities and processes, at all points of a customer’s lifecycle. Updating stakeholders, Mark Weston, Head of Payments at GiG commented: …

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