Compliance Updates
New York legislators meet to formulate sports betting bill
New York legislators are conducting hurried discussions for approving a bill before the end of the ongoing session on June 20.
Several sports betting advocates met the state’s politicians. One of them, Joe Girardi, Major League Baseball lobbyist and former Yankees manager, said that he had urged legislators to “get something passed that protects the integrity of the game – this session.”
On Wednesday, legislator Gary Pretlow introduced a modified version of a previous bill introduced by state Sen. John Bonacic, which features a controversial clause of sports betting handle for the sports leagues on whose games New Yorkers will wager.
The bill allows for “up to” 0.25 per cent of sports wagers to be paid to the leagues, provided the total sum paid to the leagues doesn’t exceed 2 per cent of an operator’s sports betting revenue. The bill also attempts to keep the leagues honest by classifying their desired “integrity” fee as a “sports wagering royalty,” effectively calling the leagues out for dressing up their shameless cash grab as a matter of principle.
Both Bonacic and Pretlow believe there’s enough support in their respective chambers to pass a betting bill by June 20, although Assembly Speaker Carl Heastie sounded a more skeptical tone on Wednesday, saying he wasn’t “a big fan of gambling” and claiming that Assembly Democrats had yet to signal a consensus opinion.
The Buffalo News quoted Bonacic saying Gov. Andrew Cuomo was the wild card. Cuomo has suggested he wants to move slowly on legal wagering to ensure the issue undergoes proper study but Bonacic noted that the state previously approved gun control legislation under even tighter time frames.
PENNSYLVANIA PUBLISHES DRAFT SPORTS BETTING REGULATIONS
Just across the state line, the Pennsylvania Gaming Control Board (PGCB) released its temporary regulations governing land-based and online sports betting. The document (viewable here) is narrow in scope, essentially governing rules that the state’s 13 casino operators will have to follow if they wish to apply for sports betting licenses.
The PGCB will continue to work on its permanent betting regs over the next few months, but there’s no timetable for completion. The PGCB is scheduled to meet next on June 27 and again on July 18.
Earlier this month, spokesman Doug Harbach said the PGCB had its hands full preparing for the launch of intrastate online gambling and sports betting was just another element of the state’s massive gambling expansion.
Harbach reiterated that stance on Wednesday, saying the PGCB was more concerned with getting it right than getting it done quickly. However, Harbach told the Bucks County Courier Times that casino operators’ license applications could be approved before the final regs are in place.
Source: CalvinAyre.com
Compliance Updates
GoldenRace is now certified in the Netherlands
GoldenRace, global provider of award-winning Virtual Sports and betting solutions, has recently obtained a certification for its highly acclaimed Virtual Sports and Games in the Dutch market.
GoldenRace successfully navigated the stringent regulatory landscape of the Netherlands, and now will be providing its impressive betting products into the Online Dutch market, which will be an important advancement in our operational expansion.
The Netherlands betting scene is on the cusp of a substantial growth phase and with GoldenRace’s latest certification, we introduce to the Dutch market a range of highly popular games tailored to desktop and mobile, in both scheduled and on-demand modes.
Among the offer, players will enjoy our most-played Virtual Football line-up – including Football Single, Leagues, World Cup and Euro Champions-, adrenaline-pumping 3×3 Basketball and MMA and top-notch races as Horse Racing, Greyhound Racing and Grand Prix Indianapolis 60. Last but not least, our Number Games, such as Spin2Win. All ready to captivate Dutch players.
Asia
PAGCor Welcomes Lawyer Wilma Eisma as New President and Chief Operating Officer
The Philippine Amusement and Gaming Corporation (PAGCor) today welcomed its new President and Chief Operating Officer, lawyer Wilma Eisma, who took her oath of office before Executive Secretary Lucas Bersamin in Malacanang this morning.
“We are happy to welcome Atty. Wilma Eisma as PAGCor’s new President and Chief Operating Officer,” PAGCor Chairman Alejandro Tengco said. “We know she will be a great asset and her vast experience in both the government and private sectors will surely be put to good use here.”
Tengco said he witnessed Eisma’s oath-taking in Malacanang this morning. She then immediately joined her first PAGCor board meeting in the afternoon as the agency’s first ever woman President and Chief Operating Officer.
A lawyer by profession, Eisma earned her law degree from the Ateneo de Manila University and was a member of the Board of Directors of the Development Bank of the Philippines before joining the state gaming firm.
Prior to that, she also served as the first woman Administrator and Chairman of the Subic Bay Metropolitan Authority (SBMA).
Her private sector stints include leadership roles in PMFTC Incorporated, the Philippine affiliate of Philip Morris International.
She also held key positions at the Department of Trade and Industry where she worked at the Office of the Secretary and in the Office of the Majority Leader in the House of Representatives, among others.
Eisma succeeded Atty Juanito Sanosa Jr who resigned as PAGCor President and Chief Operating Officer last January.
Compliance Updates
MGA: Update to the Incident Reporting Requirements
The Malta Gaming Authority would like to inform its licensees of updates made to the Incident Report mechanism available through the Licensee Portal The information hereunder outlines relevant guidance and procedures for the submission of an Incident Report through the updated reporting instrument entitled the ‘Technical – Information Security Incident’.
As mandated by Articles 37(2)(c) and (d) of the Gaming Authorisations and Compliance Directive (Directive 3 of 2018), “Licensees shall notify the Authority forthwith, and in any case no later than three (3) working days after, the following:
(c) Any breach of the licensee’s information security that adversely affects the confidentiality of information relating to players;
(d) Any breach of the licensee’s information security that precludes players from accessing their accounts for a period exceeding twelve (12) hours.”
In this regard, Licensees are obliged to submit an Incident Report in order to notify the Authority of the circumstances relating to an information security breach that meet the above specified criteria. Additionally, Licensees are advised to remain mindful of any further obligations emanating from the General Data Protection Regulation (EU/2016/679) and any relevant legislation.
The Technical – Information Security Incident option will be accessible through the “New/Change” dropdown menu via the Portal. Upon selection, users will be directed to the applicable sections of the ‘Technical – Information Security Incident’ where all compulsory fields and any relevant documentation must be submitted to the Authority.
Upon submission, the Incident Report shall undergo review by the Authority. Any missing information that may be identified by the Authority, shall be requested accordingly from the Licensee. It is imperative that any pending clarifications are addressed in a timely manner.
If no further clarifications are deemed necessary by the Authority, the Incident Report will be closed off accordingly, and any relevant documentation will be securely filed for record-keeping purposes.
Any Incident Reports left in ‘Draft’ form (i.e. opened but not effectively submitted) for a period of ninety (90) days shall be automatically discarded.
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