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Compliance Updates

Roger Parkes to be appointed to Betway Limited board

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Roger Parkes to be appointed to Betway Limited board
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London, 7th June, 2018 – Roger Parkes has been announced as the new Director of Compliance and Regulatory Affairs, a position that will see him join the Betway Limited board based in Malta.

Parkes, who gained a lifetime achievement award at least year’s Gambling Compliance Awards, joined Win Technologies, a proud member of the Betway Group in July 2015, and has served as Global Head of Compliance and Regulatory Affairs until now. He commenced his new Director’s role at Betway’s Malta office on Tuesday 5th June, and will be joining the board thereafter.

Born and educated in New Zealand, where he completed a post-graduate Diploma in Management from Auckland University of Technology, Parkes has worked in the gaming industry since 1998 holding numerous compliance roles, including two stints at the Gambling Commission.

In just under three years at Win Technologies, Parkes has overseen exponential growth of the dedicated Compliance team, as well as the way compliance is perceived group-wide.

The team have worked across the Betway Group, building a compliance-first model into marketing, management, finance, legal and responsible gambling activities. This is done alongside the development of external partnerships as well as an understanding of compliance, AML and RG in a top-down, bottom-up model.

Speaking about the move, Parkes said: “I have thoroughly enjoyed my time working for Win Technologies in London, and now look forward to greater exposure to the wider business.

“I am hoping to foster an even greater compliance culture throughout the Betway Group and show that compliance is a key aspect of how we do business at board level.” 

Anthony Werkman, CEO of Betway, said: “Roger has been a wonderful addition to the Betway Group, having truly made his mark since arriving in 2015.

He has helped make compliance a key area of focus for us and promoting him to the board at Betway Ltd. Further strengthens our abilities in this area.  

“It is vitally important that as the regulatory and compliance landscape evolves for operators that we have a recognised leader in their field driving our compliance structure forward. To my mind there is no-one better placed than Roger to do that.”

 

About Betway:

The Betway Group is a leading provider of first-class entertainment across sports betting, casino, bingo and poker. Launched in 2006, the company operates across a number of regulated online markets and holds licences in the UK, Malta, Italy, Denmark, Spain, Belgium, Germany and Ireland.

Based in Malta and Guernsey, with support from London, Isle of Man, Stockholm and Cape Town, the Betway team comprises over 1,000 people.

Betway prides itself on providing its customers with a bespoke, fun and informed betting experience, supported by a safe and secure environment.

Betway is a member of several prominent industry-related bodies, including ESSA, the Independent Betting Adjudication Service (IBAS) and the Remote Gambling Association (RGA), and is accredited by trusted international testing agency eCOGRA. It is also a partner of the Professional Players Federation (PPF) and is a donor to the Responsible Gambling Trust.

In addition to the flagship Betway brand, the Betway Group operates a number of other brands including Dream Bingo, Bingo on the Box, Spin Casino and the Hippodrome Online Casino. For more information about Betway’s various products and licenced brands, please visit www.betwaygroup.com.

 

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Compliance Updates

Oddsgate advances in compliance with GLI-33 certification

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Oddsgate advances in compliance with GLI-33 certification
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iGaming software company Oddsgate continues strengthening its commitment to regulatory standards by obtaining its third certification from Gaming Laboratories International (GLI), the GLI-33.

With a 2024 agenda prioritizing integrity matters and expanding to new markets, the company has met its goals by obtaining licenses in cruciais countries such as Romania and certifications like GLI-13 and GLI-19.

Established as a benchmark in the market, GLI is a respected entity in the gaming and lottery sector, building its reputation since 1989. With a global network of laboratories across six continents, the company holds both American and international accreditations, ensuring compliance with ISO/IEC standards and technical expertise in the gaming, betting, and lottery industries.

The Brazilian government approves GLI to certify companies and conducts rigorous and thorough testing. In this context, Tiago Almeida, co-founder of Oddsgate, highlights that this process elevates the industry’s standards, especially in a market with recent regulations. By strictly following all the high criteria established, Oddsgate celebrates this advancement, which will bring more quality and security to its activities.

The certification is also strategic for the federal standards already offered to many Brazilian operators and their “.bet.br” domains in pursuit of their local federal Brazilian licence.

The GLI-33 certification covers aspects such as:

• Security Requirements: Protection of sensitive data and system integrity.
• System Integrity: Accuracy and fairness in betting operations.
• Risk Management: Detection and mitigation of fraud and errors.
• Reporting and Audits: Transaction logging and auditing.
• Regulatory Compliance: Adherence to local laws and regulations.

In addition to many other criteria that ensure trust and transparency on betting platforms.

“Oddsgate is meticulously crafting its strategic initiatives, unwaveringly and continuously striving to elevate our software and services to the highest compliance standards. We aim to cultivate an ecosystem of responsible, secure, and transparent betting for our clients, operators, and the ultimate end player. This partnership with GLI fortifies our position and commitment to these ideals, and this significant accomplishment profoundly gratifies us.” added Tiago Almeida.

Almeida further reinforces that the company will continue this approach and reveals that “The Q4 of 2024 will also be a solid execution period for Odddsgate, as we will announce additional certifications and B2B licenses.” to make the platform increasingly complete and maintain its innovative products and solutions.

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Compliance Updates

beBettor partners with EveryMatrix for light touch financial vulnerability checks

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beBettor partners with EveryMatrix for light touch financial vulnerability checks
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Data analytics platform beBettor has partnered with EveryMatrix to provide its UK licenced operator partners with frictionless financial vulnerability checks.

In response to Summer 2023 consultations and new UK Gambling Commission regulation coming into force at the end of August this year, beBettor checks will identify financial vulnerability such as where a customer is subject to bankruptcy orders or has a history of unpaid debts.

Checks will initially be introduced at a higher threshold of £500 net deposits in a rolling 30-day period from 30th August 2024. This threshold will then fall to £150 net deposits in a rolling 30-day period from 28th February 2025.

beBettor technology will be integrated across several of EveryMatrix’s modular platform products to further strengthen its operator partners’ responsible gambling controls for all UK players.

Jake Cachia, Head of Compliance, EveryMatrix, said: “As a business, we pride ourselves in delivering the best service to our operator partners. This will provide our customers with additional robust responsible gambling controls while meeting new UK requirements without any friction so we’re delighted to be working together with beBettor.”

Sonny Cott, beBettor Chief Insights Officer, said: “Our aim is to help operators fully meet this new UKGC requirement in a seamless way that minimises business impact. As the 30th August deadline approaches, we are seeing more and more UK licensed operators opt for our frictionless and non-intrusive financial vulnerability solution. Today, it’s brilliant to announce partnering with EveryMatrix as an award winning sportsbook and iGaming supplier and I look forward to working closely with both EveryMatrix and their operator partners.”

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Compliance Updates

Charity Commission Closes Case Against GambleAware

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The Charity Commission has concluded its investigation into GambleAware without issuing any criticism or findings against the organisation.

Zoe Osmond, CEO of GambleAware, said: “The Charity Commission has written to GambleAware to confirm the case has been closed without criticism, or findings against, the organisation. The Regulator has stated unequivocally that they are ‘assured that the trustees have taken appropriate steps to both ensure its [GambleAware’s] independence from the gambling industry and to address reputational risks arising from its current funding model’.

“Importantly, the Commission has also stated it is ‘satisfied that the Charity’s reliance on industry funding does not impact on decision-making about its activities’. We were pleased to see the Commission acknowledge our robust policies and governance processes as well as the important role our Lived Experience Council plays in providing advice and direction to our activities, among others.

“Gambling harms have a devastating impact on individuals, families, and communities. GambleAware is wholly dedicated to advancing our charitable purposes for the public benefit, which is why we have long called for the introduction of a statutory levy on the gambling industry to provide long-term sustainable funding for the treatment, support and prevention of gambling harms.

“We urge anyone experiencing harm to reach out. Help and support are available through the National Gambling Support Network and the National Gambling Helpline, offering free, confidential assistance 24/7 to those in need.”

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