Tag Archives: eu

Matt Harrod: Processing.com – Brexit… What are the industry’s divorce proceedings?

With Brexit factors and implications on the minds of all UK business stakeholders, Matt Harrod, VP of Europe at Processing.com examines whether interchange rates and PSD3 are the least of the gaming/betting industries worries… ___________________ Everyone should probably be aware by now that the UK is due to leave the European Union at 11pm on Friday 29th March 2019, deal or …

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EGBA – EU common rulebook will solve online gambling inconsistencies

STS - European Union flag on blue sky background

Maarten Haijer, Director General of the European Gaming & Betting Association (EGBA), has urged European Union policymakers to push for the development of a common rulebook on online gambling protections, standards and safeguards. Writing a guest post on EU news source Politico.eu, Haijer reaffirms EGBA’s position that a reported +12 million European online gambling consumers are being underserved by inconsistent …

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Italian Senate undertakes first moves at classifying & clarifying Blockchain

Replatz - Copyright: niroworld / 123RF Stock Photo

Seeking to expand its regulatory frameworks for new technology disciplines, the Italian Senate Committee for Corporate Affairs has approved the nation’s first blockchain focused legislative directives. The draft mandate aims to deliver an initial legislative framework for technologies and IT systems, which operate financial transactions/engagements/exchanges through decentralised registries, ledgers or crypto-based protocols. Developing its first legislative proposals, the Italian Senate …

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UKGC’s AML guidance places high responsibility on industry officers

The UK Gambling Commission (UKGC) begins 2019’s legislative agenda publishing its industry guidance on ‘preventing money laundering and combating the financing of terrorism – (fourth edition)’. The UKGC’s report is led by the recommendations of the Financial Action Task Force (FATF), a European Union inter-governmental body responsible for setting international standards on anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks and …

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DCMS ups sports integrity dynamics as new Macolin member

The Department for Digital, Culture, Media & Sport (DCMS) has this morning confirmed that UK sports will join the ‘Macolin Convention’ – a European wide initiative seeking to prevent, detect and punish match-fixing. Mims Davies signs off her first directive as new UK Sports & Civic Society Minister, which sees the UK join the inter-state cooperative convention/body dedicated to eliminating …

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High Court stands by DCMS orders on EuroMillions third-party betting

Lottoland

Operators of digital lottery syndicates have been handed a severe blow by the High Court of England & Wales, which has rejected the combined appeal of Lottoland and Multi Lotto UK to allow bets on ‘EuroMillions’ draws in other countries.   In February of this year, Lottoland and Multi Lotto sanctioned a high court appeal against the UK Department for …

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Codere eyes Malta expansion for tax relief

Embattled Spanish gambling group Codere SA is reported to be reviewing its financial structures, seeking to increase its operating presence within Malta, as corporate governance moves to lessen the firm’s fiscal liabilities. The Bolsa-Madrid enterprise seeks to replicate the operating structure of many European gambling counterparts, maintaining its management headquarters in Madrid, whilst migrating certain operational departments to Malta. At …

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EGBA & LOGiCO deem Italian ‘Dignity Decree’ as counterproductive

As Italy’s parliament debates the approved mandate of the Lega-5Star ‘Dignity Decree’, implementing a blanket ban on sports betting advertising and sponsorship, the European Gaming and Betting Association (EGBA) has detailed its support for Italian industry trade body – LOGiCO’s stance against the proposal. Teaming up with LOGiCO, the EGBA has sent a joint letter to Italian MPs ‘expressing significant …

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European Horse Network – Equine welfare needs to be addressed by EU’s ‘Future CAP’

Racing equine welfare group, The European Horse Network (EHN) has called for the EU Parliament to ‘preserve equine policy’ within the future structure of Europe’s ‘Common Agricultural Policy’ (CAP). Led by French MEP Jean Arthuis, EHN representatives expressed concerns about the proposals put forward by the ‘Future of the Common Agricultural Policy’ which would see equine welfare removed from the …

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Karl Dukes: Mediahut – GDPR Hype! Dispelling the myth around consent

Amid the hype of last week’s introduction of European-wide GDPR regulations, Karl Dukes Marketing Director of Mediahut clarifies the regulatory context surrounding consent and communications. A 20-year industry marketing veteran, Dukes tells betting stakeholders not to panic when implementing GDPR compliance directives, a subject matter currently dominating all corporate agendas…   _________________________ As of today, 2 days before GDPR comes …

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