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Compliance Updates

Sweden to analyse the effects of iGaming liberalisation

Niji Ng

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Photo credits: flagpedia.net
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The Swedish government will review the potential impact of liberalising iGaming before a making final call on opening its online market to international operators.

The countries legislators have approved a new version of the new gambling law. It could pave the way for opening up the country’s the online market to international operators. However, the government has stepped in to analyse the situation further on how it will affect the existing local betting monopolies Svenska Spel and ATG.

The Swedish authorities will study how the potential end of these monopolies on January 1st, 2019 will create an impact on sports and racing funding in the country. The main concern would be about the 87 per cent of racing funding, which comes from ATG.

However, the review’s results won’t be released until late 2020, way after the new online gambling scheme gets rolled out. The racing segment has therefore voiced its fear of suffering while the authorities assess the legislation change’s impact.

Still, ATG’s new chairman, Bo Netz, said that the company has as a chief priority to “prepare and make ATG competitive for the new gaming market,” beyond any consequence of the market’s liberalisation.

Niji 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. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Asia

Patagonia Entertainment gears up for expansion in the Philippines

Niji Ng

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Patagonia Entertainment gears up for expansion in the Philippines
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Patagonia Entertainment gears up for expansion in the Philippines following a number of its popular Video Bingos have been certified for the iGaming market.

Patagonia’s in-house creative studio produces the best Video Bingo titles in the market. These have a fast-learning curve and perform equally well with players looking for some light entertainment and more adventurous high rollers. These games are particularly popular in the LATAM and Asian markets where Bingo has a strong historical and cultural presence. Each game is developed in HTML5 to enable players to access content from any mobile device.

Patagonia Entertainment’s Global Business Development Manager Victor Arias said: “The Philippines is an exciting opportunity for Patagonia as it represents a huge growth area for the business. Video Bingos are very popular in the region and the games will be a major asset for any iGaming companies expanding into this territory.”

 

About Patagonia Entertainment:

Patagonia Entertainment is a Video Bingo game development company known for creating innovative solutions for the e-gaming industry. Video Bingo is a hybrid between Bingo and Slot games. The company has managed to become one of the most popular game developers in the Latin American market and are rapidly growing into other markets. More information about Patagonia Entertainment can be found at www.patagonia-e.com.

 

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Compliance Updates

The Wire Act in the USA could affect the iGaming industry

Niji Ng

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The Wire Act in the USA could affect the iGaming industry
Image Source: gamblingsites.org
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The US Department of Justice (DOJ) has clarified that the Wire Act should apply to all forms of gambling and not only to sports betting. The clarification could prove a problematic to all forms of igaming in the country that crosses state lines.

The clarification could adversely affect daily fantasy sports, intrastate online casino and poker, online lottery sales and marketing across state lines for all types of gambling.

The DOJ’s new opinion replaces its 2011 iteration released under the Obama administration, which stated that the Wire Act only applied to sports betting.

The Wire Act originally emerged in 1961 and was designed to fight against organised crime by outlawing racing and sports betting across communications systems in the US. Controversy then reined concerning its scope when it was used in the 1990s to prosecute online gambling.

The OLC’s new opinion states: “While the Wire Act is not a model of artful drafting, we conclude that the words of the statute are sufficiently clear and that all but one of its prohibitions sweep beyond sports gambling. We further conclude that the 2006 enactment of UIGEA (Unlawful Internet Gambling Enforcement Act) did not alter the scope of the Wire Act.”

 

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Central Europe

New legal regulations in Poland

Niji Ng

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New legal regulations in Poland
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New regulations on the documentation of gambling will enter into force on 18 January 2019. On 28 December 2018, the Minister of Finance amends the ordinance on the documentation of entities operating in the field of gambling.

Pos. 26 Overview:

Entries for documentation kept in paper form shall be made in a permanent and legible manner. Amendments and corrections in this type of documentation shall be made in such a way that the crossed out original text remains legible. However, each change or amendment is confirmed by the signature of the person making the change or amendment, giving the date of their introduction, and if necessary, it is described under the heading “comments.”

On the other hand, entries in the documentation kept in electronic form are made using a computer programme, in accordance with the written instruction manual of this programme, in such a way as to:

* provide an insight into the content of alerts and ensured protection of recorded data against destruction or loss, in accordance with the principles of confidentiality, integrity and accessibility;

* provide protection against unauthorised access, in particular through the use of authentication and authorisation mechanisms;

* enable printing of entries and reports from entries made, along with the changes made, in chronological order;

* ensure identification of the person making the change in the documentation along with the date of making this change.

The documentation should be registered by the competent head of the customs and tax office. In the case of paper-based documentation, the documentation must also be officially sealed by the appropriate head of the customs and tax office, and individual documentation cards—numbered consecutively.

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