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Compliance Updates

British Columbia to regulate gaming industry

Niji Narayan

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Photo credits: https://focusgn.com
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The lawmakers of British Columbia, Canada, will meet this week to formulate potential measures to regulate the gaming industry aiming at curbing money-laundering operations. The local press reported quoting Attorney General David Eby that local legislators began the debate last Monday on suspicious money-laundering activities, including local real estate transactions.

“Asking Peter German to take on a second round of investigation and review, this time around, money laundering in real estate, given a number of serious concerns that we have that have come out of his work and out of some media reports on that,” the British Columbia representative explained to News1130.

He said money-laundering regulations regarding gaming industry will be one of the first orders of business. Furthermore, he added that “former RCMP deputy commissioner, who recently uncovered evidence of money laundering in casinos, made 48 recommendations now being reviewed by ministry staff.”

And Eby concluded: “At the end of the day, I think British Columbians recognize that this is not free money. That money that is the proceeds of crime starts with how the money was generated. We have a fentanyl crisis. We have crime on the streets as gangs fight over the proceeds of the drug trade.”

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Central Europe

Overview of Changes to the Gambling Law in Poland

Niji Narayan

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Overview of Changes to the Gambling Law in Poland
Photo Source: medicalnewstoday.com
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Poland’s Ministry of Finance has informed about an amendment to the regulation regarding lottery devices, gaming devices and slot machines, information security.

The Minister of Finance, Investment and Development has signed an ordinance amending the ordinance on lottery devices, gaming devices and slot machines, securing information regarding the organised lottery and obtaining, calculating and paying out winnings.

Pursuant to the provisions of the Gambling Act, only the minister competent for public finances decides whether playing on a given device is a game on slot machines within the meaning of the Gambling Act.

The opinion of the testing entity is only an attachment to the application for issuing the decision. This opinion must contain information that it serves only to issue a decision by the minister competent for public finance.

Thus, the opinion of the testing entity does not state the gambling or non-gambling nature of a given game and cannot be treated as a settlement in this respect.

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Compliance Updates

DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot

Niji Narayan

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DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot
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DC Superior Court Judge John Campbell has refused to halt the DC Lottery’s controversial deal with tech provider Intralot.

Last month, a different DC judge issued a temporary restraining order on Intralot’s deal based on a request by DC resident Dylan Carragher, a software developer who filed a lawsuit to force DC to hold a competitive tender for the betting contract.

Judge Campbell justified his refusal to honour Carragher’s injunction request by saying he did not think Carragher’s lawsuit will succeed. Campbell added that “it clearly and unquestionably was within the Council’s authority” to waive the competitive bidding requirement. Carragher has already indicated that he will appeal Campbell’s ruling, so the action now shifts to the DC Court of Appeals.

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Compliance Updates

BF Games awarded Romanian online licence

George Miller

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BF Games awarded Romanian online licence
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Creative development studio BF Games has been awarded a Romanian supplier licence, enabling it to provide its portfolio to the country’s online operators for the first time, following a successful period of offering its land-based slot machines in the country.

Licensed online operators across Romania can now enjoy full access to BF Games’ slot collection, including new titles such as Book of Goods and Ramses Rising, as well as popular classics Bonnie & Clyde, Crystal Mania and Stunning Hot.

BF Games’ own Remote Gaming Server distributes content directly to operators, ensuring seamless integration and speed to market.

Both suppliers and operators are required to obtain a licence in Romania, where online gambling has been legal since 2016. BF Games’ Class II licence issued by the Romanian gambling regulator (ONJN) enables it to sign strategic partnership with certified operators and supply its content to Romanian players.

BF Games has already seen a lot of interest from licensees in the market and is expected to announce partnership deals shortly.

The studio already holds online licences in Malta, the UK and Latvia, as well as a land-based gaming permit in Montenegro.

Piotr Szpoton, CEO at BF Games, said: “We are always looking to extend our reach and as Romania is a mature market, obtaining a new licence here demonstrates our confidence in the market as well as our products.

“Three years ago, we entered the Romanian land-based market offering our slot-machines through and exclusive partnership, and after seeing the positive results and the interests in our offering, we decided to enter the online vertical as well.”

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