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Compliance Updates

GSA brings on board a new technical committee devoted to blockchain use

Athira A

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While commemorating its 20th anniversary at the ICE Totally Gaming 2018, the Gaming Standards Association (GSA) and the Gaming Standards Association Europe promulgated the birthing of a new Technical Committee devoted to blockchain use. Blockchain technology is poised to revolutionise data sharing and security and holds the potential to provide unparalleled levels of transparency to the regulatory authorities. GSA’s new Blockchain Technical Committee will collaboratively address the technology and advise on possible areas where standards could be fostered.

The GSA President Peter DeRaedt said: “GSA was created to help drive innovation in the gaming industry for the benefit of manufacturers, suppliers, operators and regulators. By creating a new Blockchain Committee, we are once again proving how, by creating a standard way to use technology, GSA is achieving our mission.”

While GSA Europe Managing Director, Mark Pace stated: “Many industries are evaluating how the blockchain technology can enhance data sharing security and increase operational transparency. GSA will launch this new committee and evaluate the creation of a gaming industry standard. This is very timely and may have a significant impact on how companies can achieve GDPR and AML requirements.”

GSA standards are created through a collaboration between volunteer representatives of its members. Over the past 20 years, more than 1,600 volunteers from more than 190 companies have contributed their expertise to create 15 GSA standards in nine committees. GSA’s award-winning standards are in use around the world, driving the industry to innovation and growth.

GSA was born out of a globally recognized need to streamline processes and create standards that would spur growth, innovation and revenue. Gaming manufacturers, suppliers, operators and regulators have benefitted from GSA’s mission to facilitate the identification, definition, development, promotion and implementation of standards to enable interoperability, innovation, education and communication for the benefit of the entire industry.

Athira is a self-described “logophile” – a lover of words. She loves updating her vocabulary and playing around with words, to frame a sensible world of letters. Letters come alive when they become words and when words become sentences. And that’s her job, to put them together in a meaningful way without loosing its essence.

She has written content for websites, articles and poems for an international magazine, and press releases as well. She also loves writing on social media.

She holds a Masters degree in bio-technology, but she has always been interested in the organic farming of words. Besides writing content for our daily news feed, she is also working as staff writer/editor with Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Compliance Updates

Sweden has all its system go for the introduction of new laws intending internet gaming in 2019

Athira A

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Lotteriinspektionen, the Swedish regulator said that the application process for new online gambling licences in the country will commence on July 1.Consequently, the country has all its systems go for the introduction of new laws for internet gaming on January 1, 2019, irrespective of the finalisation of the regulation.

As the regulator spent a considerable time last year working on technical and general aspects for the new laws, post the collaboration with members of the wider gambling community, it is almost ready to present the updated version of the regulations.

With regard to this, Camilla Rosenberg, the Director General of the Lotteriinspektionen, said: “There will be no limit as to the number of licences it can award to operators, but all applicants must meet certain criteria set by the regulator and the government.”

Applications will be scrutinised based on how responsibly an operator can manage gambling activity, as well as their potential to provide a high level of customer protection, maintain good security, and duty of care.

However, Rosenberg also alarmed that even after the government has signed off on the final set of regulations, the law may not be clear at first, adding that the reform will be monitored to see if further changes are needed.

Rosenberg added: “The awarding of licences and the dates from which they will be valid will depend partly on the quality of the applications and when they are received by the Swedish Gambling Authority. We will make a comprehensive assessment of both the application and of the company behind the application. I would like to say that the re-regulation is extensive and will take time.”

“Not everything will be clear from day one; the entire reform will be evaluated over a three-year period. The Swedish Gambling Authority – transforming into the new gaming authority – will do its best, given the conditions we face, to make reform successful. Our aim is to be as transparent as possible and provide regular information about new details and conditions.”

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Australian gaming politician brings a change of tack in his proposal regarding slot machines

Niji Ng

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Nick Xenophon, the Australian anti-gaming politician brings a change of tack in his proposal with regard to slot machines.

Thus, South Australian state could encounter alterations in its gaming industry post the elections, as the anti-gambling activist, Nick Xenophon’s SA Best party is all set to win hands down a number of lower house seats. Xenophon announced about him delivering a preponderant anti-pokies policy the coming year which targets the Australian Hotels Association (ASA).

Xenophon’s first legislation was a thorough ban on any slot machine operations in the region, but yesterday the politician and his party put forward a new proposal pushing for a reduction of gaming machines operations in South Australian state, than halting the activity completely.

SA Best’s policy platform for the upcoming elections in March includes legislative gaming proposals to reduce operations in the region. Xenophon stated: “I suggest to you that if SA Best is in a position of power to hold the next government to account, then both Labor and the Liberals will become born-again gambling reformers in a very short amount of time.”

The new proposals recommend deterioration in the number of poker machines in hotels and clubs from around 12,100 to 8,100 by 2023 and introduce a system of AUS$1 maximum bets per spin. Meanwhile, the Australian Hotels Association (AHA) has already rolled out an advertising campaign to get South Australians to back anyone but Xenophon.

 

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Compliance Updates

Premier Lotteries Ireland adjures the Government to spare National Lottery from threat

Athira A

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The Premier Lotteries Ireland (PLI),  which provides online and in-store lottery services in Ireland, called on the country’s government to halt offshore companies that offer betting on draws.

The Irish Sun newspaper reported that PLI met with a number of ministers to discuss the issue in an effort to establish a “legislative solution to prevent damage to the sustainability of the National Lottery and Good Cause Fund”.

Companies that allow customers to bet on the outcome of a draw are spared from making a donation to good causes, but punters are still able to win jackpot prizes.

The newspaper stated that:  “PLI is pushing for a similar law that is in place in the UK whereby bets on the national draw are not allowed.”

A spokeswoman for PLI said: “The National Lottery is concerned at the growth of unregulated, offshore, bet-on-lottery operators over the last 18 months. The parasitic activities of these lotteries are posing a serious threat to the National Lottery, and in turn, the millions raised annually for good causes.”

“We urge the government to take urgent action to protect the National Lottery from this threat. The National Lottery was set up with the express purpose of raising funds for good causes.”

“There is a loophole in the current regulatory environment which allows betting on the outcome of lotteries, and offshore betting companies — underwritten by insurance policies — are exploiting this loophole.”

In response, a spokesman for Ireland’s for Public Expenditure said that it would be “engaging further” with PLI and the country’s gambling regulator “in respect of reviewing the impacts of these online betting websites on the Irish National Lottery and in examining any potential actions that could be considered to address these issues”.

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