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Compliance Updates

The Wire Act in the USA could affect the iGaming industry

Niji Narayan

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Business Boost for Online Gambling Companies in USA Amid Casino Closures
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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Wazdan set for Switzerland entry

George Miller

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Wazdan set for Switzerland entry
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Casino games supplier Wazdan has had 15 of its top-performing games certified for Switzerland as the company prepares to enter the online market.

Included in the market-ready titles are recent hits Choco Reels and Infinity Hero, as well as fan-favourites Black Horse™ Deluxe and 9 Lions, with Wazdan set to launch with a major operator brand in the country later this year.

The slot supplier has already acquired the necessary ISO 27001 information security certification as it continues to prove its commitment to the highest levels of regulatory compliance.

Switzerland will become the latest market to take Wazdan’s expansive global slots offering, with its games currently certified in numerous jurisdictions including the UK, Spain, Sweden, Romania and Portugal.

Andrzej Hyla, Head of Sales at Wazdan, said: “Having our top-performing titles certified for launch in Switzerland ahead of our anticipated market entry is another exciting milestone for Wazdan in what has been a very positive year for the business.

“Our focus on growth in regulated markets has allowed us to thrive and with some exciting news to come within the Swiss market, this is only the start of another thrilling journey for us.”

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Compliance Updates

Yggdrasil granted ISO/IEC 27001 accreditation

George Miller

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Yggdrasil granted ISO 27001 accreditation
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Enables business to further expand into new markets with many jurisdictions using certification as regulatory benchmark

 Yggdrasil, the leading worldwide publisher of online gambling content, has been granted an ISO/IEC 27001 certification, proving its commitment to information security standards.

The international certification is awarded when a set level of information security standards are reached, ensuring best practices in this discipline.

The accreditation enables Yggdrasil to expand into new global markets, with many jurisdictions and World Lottery Association (WLA) members now using the 27001 certification as a regulatory benchmark.

Furthermore, as the supplier’s flagship content creation and distribution program, YG Masters, continues to grow, ensuring Yggdrasil’s approach to data protection and information security is compliant is an important step for the global growth of the business.

Fredrik Elmqvist, CEO at Yggdrasil, said: “Receiving our ISO certification is something we are very proud of and rightfully so. We have been through a rigorous certification process to ensure compliance is held to the highest regard, which is something we pride ourselves on, and we are committed to continuous improvements in security standards.

“It is yet another feather in our cap as we continue to provide dynamic, immersive gaming experiences for players all over the globe, while also ensuring YG Masters continues to grow in a secure environment.”

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Compliance Updates

Authentic Gaming agrees Maxima Compliance partnership

George Miller

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Authentic Gaming agrees Maxima Compliance partnership
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B2B online live casino games specialist Authentic Gaming has agreed a deal which will see Maxima Compliance optimise and streamline the provider’s compliance function.

Authentic Gaming will gain full access to Maxima Compliance’s team of product compliance experts, which will assist Authentic Gaming’s entry into new markets.

Maxima Compliance will oversee and deliver all aspects of product compliance for the full Authentic Gaming offering.

Magdalena Podhorska-Okolow, Chief Commercial Officer at Authentic Gaming, said: “Authentic Gaming is serious about compliance, which is why we have turned to Maxima Compliance.

“As we look to expand into new markets, we require world-class compliance expertise delivered by a team we can trust, and we’ve picked the best on the market to do precisely that.”

Antonio Zanghi, Managing Director at Maxima Compliance, said: “It is an honour that one of live casino’s most recognisable providers has selected Maxima Compliance for such a critical function.

“In the current market, compliance is a key differentiator for suppliers looking to quickly and seamlessly enter new jurisdictions, and the Maxima Compliance team will be working tirelessly to ensure Authentic Gaming retains its edge over the competition.”

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