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Compliance Updates

Switzerland gearing up for new gambling legislation increases player protection

Niji Narayan

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Swiss casinos are waiting for the outcome of the referendum on the new gambling law that is scheduled on June 10. If the new legislation receives the support of majority of voters, the casinos will be able to offer online versions of roulette, blackjack and poker.

The new law on gambling will bring the gambling activities subject to authorisation and regulation, It will also ensure that players are protected.

In March 2012, 87 per cent of voters and all cantons accepted a new wording for Article 106 of the Swiss constitution which says that:

– Gambling is an activity to be authorised by the federal government or the cantons, so that principles of economic liberalism do not apply to gambling and the number of casinos or lotteries allowed is to be set by law.

– Casinos pay tax to the cantons and thus their profits flow into the old age pension fund, which means funding of about CHF300 million ($303 million) for the fund, and for the cantons about CHF 50 million ($50.4 million).

– Proceeds of lotteries go exclusively to community welfare uses. The two main lotteries active in Switzerland redistribute over CHF 600 million every year to sports, social and cultural activities and the arts; this involves both top-level sport and also the amateur level, and includes funding for small sporting events, folk festivals, small theatres or associations with a social welfare purpose.

– Given the dangers involved in gambling, the Swiss government and the cantons take steps to ensure protection for players depending on the type of gaming involved as well as the location and manner of provision of the service.

Ethical approach

To sum up, gambling is not an activity ruled purely by economic liberalism, but is an activity authorised by government. Proceeds of gambling should not be redistributed to shareholders but should go into old age pensions and other public welfare funds. Furthermore, even though it may seem paradoxical, players need to be protected.

The new legislation on gambling corresponds to the requirements listed above, and for this reason I am supporting it.

Allowing only casinos which already have a concession to offer gambling online means that the availability of this kind of gambling will respect players and take an ethical approach.

Furthermore, requiring lotteries with ticket machines in public places to equip these machines with a device preventing minors from playing, as is the case for cigarette vending machines, and banning minors from casinos, will help deal with addiction to gambling.

Informing consumers of gambling online that they are on a gambling site forbidden in Switzerland and that they can bet on the same games on Swiss casino sites, will not only help enforce the constitutional requirement that the proceeds of gambling go to the old age pension fund or other public uses, but also help to combat current forms of money laundering, and even online fraud.

 

Source: swissinfo.ch

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Compliance Updates

Netherlands’s Kansspelautoriteit Clarifies Licence Application Deadlines

Niji Narayan

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Netherlands’s Kansspelautoriteit Clarifies Licence Application Deadlines
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Dutch gambling regulator Kansspelautoriteit (KSA) has clarified its rules around the submission of documents for prospective online licensees, announcing that certain documents required to receive a licence may be submitted later than the application.

KSA clarified that, as long as the application is submitted by April 15, the documents will not be required until July 1 in order to grant a licence on the market’s October 1 opening date.

The October 1 launch date was announced last week by Minister for Legal Protection Sander Dekker in the third delay to regulated igaming in the country. Dekker said a slower implementation of the laws may create a stronger environment of regulation when he pushed back the start date again.

Online gambling in the Netherlands was initially scheduled to launch on 1 January 2021, but in November 2019, the KSA pushed back the launch date to 1 July 2021.

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Compliance Updates

Stats Perform Receives IBIA Data Standards Accreditation

Niji Narayan

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Stats Perform Receives IBIA Data Standards Accreditation
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Stats Perform has become the first betting data provider to be awarded the International Betting Integrity Association’s (IBIA) independently audited Data Standards Accreditation for the collection and distribution of sports event data for betting.

The award represents the highest mark of betting data quality and integrity available and is assessed by expert independent auditors, eCOGRA.

“I am delighted to announce that Stats Perform is the first company to meet the data standards protocols IBIA published in October 2020. In passing the independent auditing process, Stats Perform has demonstrated secure and robust internal procedures for the collation of sporting event data for betting and may now utilise the Data Standards Kitemark,” Khalid Ali, CEO of IBIA, said.

“Stats Perform met every requirement set out in the data standards protocols. The company was well-prepared for the auditing process, and the evidence that was reviewed was representative of a company culture that is in line with the core principles of IBIA’s data integrity standards and committed to continually improving upon them,” Shaun McCallaghan, CEO of eCOGRA, said.

“This accreditation is thanks to tireless quality and integrity efforts from our sports data operations teams over the past 15 years and, whilst we’re grateful for the recognition, we know our efforts don’t stop here. We continuously search for new threats and assess opportunities to improve our sports data processes, people and technology,” Andrew Ashenden, Chief Betting Officer at Stats Perform, said.

“Stats Perform’s RunningBall and Opta sports data is chosen by the world’s leading rights holders, sportsbooks and pricing providers to power exceptional in-play betting experiences for millions of global sports bettors,” Andrew Ashenden added.

“Our priority at Stats Perform is the integrity of the betting markets and of the competitions upon which they rely. Effective risk management of our data supply chain involves ongoing investment, collaboration and commitment across numerous expert teams who live and breathe the quality of our product. We are very proud to be recognised by the IBIA for our dedication to quality and integrity,” Jake Marsh, Global Head of Integrity at Stats Perform, said.

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Compliance Updates

Booming Games receives UK license

George Miller

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Booming Games receives UK license
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Malta-based and MGA licensed slot supplier Booming Games kicks off 2021 with the approval from the UK Gambling Commission (UKGC) to supply their games to players in the UK. The company has met the high standards of the regulator and received the supplier license in January 2021.

Frederik Niehusen, CCO at Booming Games commented: “We are extremely proud to kick off 2021 with the approval of our UK license. After receiving the MGA license more than two years ago we have made the next big step in our regulatory road map. The UKGC sets one of the highest regulatory standards in our industry and we have met these standards within a short time period thanks to a strong team performance.”

The majority of Booming Games’ slot portfolio will soon be available to UK players via existing and future partners. This includes top game titles like Burning Classics, Howling Wolves, Gold Vein and Lucky Scarabs.

“We are looking forward to expanding the market reach of our games to the UK with our existing as well as future partners. The UK remains a key market for many operators.”, Frederik Niehusen added.

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