Connect with us
SIS

Compliance Updates

New gambling law in Switzerland will come into effect from 2019

Niji Narayan

Published

on

iSoftBet Announces Swiss Market Debut
Image Source: fineartamerica.com
Reading Time: < 1 minute

 

The newly passed gambling legislation in Switzerland, the Swiss Gaming Act, will come into force in the country on 1 January 2019. The law will regulate the licensed online gambling space and ban foreign operators altogether.

The new law legalises licensed iGaming companies.

The gaming act’s enforcement was confirmed by Switzerland’s Federal Council, which confirmed its implementation starting next January. It also explained it will consider licence applications during the first six months of 2019, in compliance with the new legislation, and the first ones are set to be issued before July 1, when the foreigner’s ban comes into effect as well.

Licensed operators can provide poker and roulette games to the customers, but need to stick with stringent constraints about the stakes.

The “concrete measures” of the new legislation were aimed to protect problem gamblers.

Compliance Updates

UKGC Suspends Two Operator Licences Over GAMSTOP Participation Failure

Niji Narayan

Published

on

UKGC Suspends Two Operator Licences Over GAMSTOP Participation Failure
Reading Time: < 1 minute

 

The UK Gambling Commission (UKGC) has suspended the licences of two online operators for failure to fully integrate with the GAMSTOP self-exclusion scheme. All online operators were notified in January that participating in GAMSTOP by 31 March was a requirement of their licence conditions.

The decision to suspend the licences of Dynamic, trading as Prophet, and Sportito was taken for failure to comply. After the suspension is implemented, Sportito has now integrated and its suspension has been lifted.

“We have made it clear to operators that we are ready and willing to use our powers to protect consumers, as this action demonstrates. Self-exclusion is an important tool to protect vulnerable consumers, which is why we made it compulsory for all online operators to be signed up to GAMSTOP by 31 March. We took action because the operators had not complied by the deadline, which placed vulnerable consumers at risk,” Neil McArthur, Chief Executive of UKGC, said.

“One of the suspensions has now been lifted as the operator is now compliant. Our investigations into both operators continue,” Neil McArthur added.

The suspension of Dynamic’s licence will remain in place until the Commission is satisfied that the operator has fully integrated the GAMSTOP scheme and is fully compliant with their licence conditions.

Continue Reading

Compliance Updates

GeoComply Receives License in Colorado

George Miller

Published

on

GeoComply Receives License in Colorado
Reading Time: < 1 minute

 

GeoComply announced that it has received its vendor minor license in a special meeting held by the Colorado Limited Gaming Control Commission. This license will enable sports betting operators in Colorado to utilize GeoComply’s award-winning geolocation compliance solution as a critical part of their online sports betting apps and websites.

“We are pleased to be approved to service our clients and partners in such a sports-driven market as Colorado,” says Lindsay Slader, VP of Regulatory Affairs at GeoComply. “The GeoComply team is prepared and ready to support the rollout of online sports betting as quickly as the state is able to launch its live operations.”

About GeoComply:

GeoComply is a global leader in geolocation technology. Since launching in 2011, GeoComply has quickly become the iGaming industry’s trusted solution for reliable, secure, and accurate geolocation services. GeoComply currently supports regulated online casino, poker, sports betting, lottery, ADW, and DFS operators in 44 US states to ensure compliance with state and federal regulations. For more information, please visit GeoComply.com.

Continue Reading

Compliance Updates

UK ASA Bans “Misleading” Ad of Lucky Go Studio

Niji Narayan

Published

on

UK ASA Bans “Misleading” Ad of Lucky Go Studio
Reading Time: 2 minutes

 

The UK Advertising Standards Authority (ASA) has banned an ad of Lucky Go Studio after a claimant challenged whether an in-game ad was deceptive owing to unrealistic chances of winning prizes while using the app.

The commercial was first seen on 25 November 2019, which was initially shown as an in-play video ad for the Lucky Goal app. It showed someone attempting to order a pair of headphones on Amazon’s mobile phone screen but getting a message saying “Your credit card has been declined.”

The ad then featured “Lucky Goal–Funny every day” on-screen text and “New chances to win every day!” “Before the user begins the Lucky Goal app, plays a roulette game and wins $85.

A survey was then shown where two correct answers to the questions resulted in the user winning $100. The user then received a scratch card for $54. The ad concluded with a text indicating “LUCKY GOAL” and “PLAY. WIN. REDEEM” on-screen, below which were Amazon and PayPal logos.

Lucky Go Studio refused to respond to the ASA’s decision, leading the advertising watchdog to claim that this was an “apparent disregard” for the CAP code.

The ASA explained that the ad in question must not reappear in its current form: “We reminded them of their responsibility to respond promptly to our enquiries and told them to do so in future,” it said.

“We considered consumers would understand from the ad that users of the Lucky Goal app stood a reasonable chance of winning the sums of money featured in the ad and that they would be able to redeem any money they won. However, we received no information from the advertiser demonstrating that users had won and redeemed the sums featured.

“In the absence of such evidence, we concluded that the claim had not been substantiated and was therefore misleading.”

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.