In the fourth of a series of columns on international gambling legislation, GVC Holdings Director of Regulatory Affairs Martin Lycka debates the antagonistic relationship that can develop between the regulator and the industry. __________________ Operators v. Regulators, undoubtedly a top billing in the industry nowadays. Just pause and think how many times in recent past you have bumped into an …
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Betfred’s Gibraltar trading subsidiary ‘Petfre’ has been forced to pay £322,000 as part of a ‘regulatory settlement’ having been found to have ‘shortcomings in the application of its AML controls and its policies and procedures.’ The Gibraltar unit is due to make the payment in lieu of a financial penalty following an investigation by the UK Gambling Commission (UKGC). The UKGC investigation …
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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 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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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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Announced as part of the Irish financial budget for 2020, bookmakers are set to receive a €50,000 a year relief from the 2 per cent tax levied on betting in the Republic which is hoped will support the country’s independent bookmaking sector. Minister for Finance Paschal Donohoe confirmed yesterday that bookmakers across the Republic will not be subject to tax …
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Golden Race has launched an all-in-one solution that enables operators to offer virtual sports, video slots and live games through one single API. Recently shortlisted in the Innovation of the Year (Sports & Casino) category for the SBC Awards (Tuesday 3 December), the product has been specially designed to help Golden Race clients expand their portfolio in the most simple …
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The Liberal Democrats have challenged the Senet Group’s ‘When The Fun Stops, Stop‘ campaign, calling for it to be scrapped in a bid to ‘overhaul’ the industry’s approach to responsible gambling. The centrist party claims that the Senet campaign could be ‘exacerbating the national gambling crisis’, and has called for further scrutiny into the methods used to combat the issue. …
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Using renowned athletes such as Conor McGregor and Mike Tyson is key for an operator to help distinguish themselves from others, according to Parimatch CEO, Sergey Portnov. Speaking at the recent Betting on Sports event, Portnov explained to SBC some of the benefits that Parimatch has seen from its partnerships with McGregor and Tyson, and how the two athletes have helped the operator reach two entirely …
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GambleAware has confirmed the appointment of former England goalkeeper David James as its new ‘Safer Gambling Ambassador’, who will support the UK charity’s ongoing ‘Bet Regret’ campaigns. David James’ appointment sees GambleAware strengthen its existing partnership with the Football Supporters’ Association (FSA), a body which campaigns on a range of issues for the interest of football fans across England and …
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