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Compliance Updates

Casino Cosmopol gets ECA Responsible Gambling certificate

Niji Narayan

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Svenska Spel Shuts Down its Casino Cosmopol Properties
Photo Source: visitstockholm.com
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Sweden’s Casino Cosmopol has obtained the ECA Responsible Gambling Framework certification. The company achieved this after the Global Gambling Guidance Group (G4) conducted an independent audit.

The certification confirms that the state-owned company is performing in line with the latest standards in responsible gambling for the licensed land-based casinos industry that were updated by the ECA at the beginning of the year.

“Our mandate is to promote a healthy and safe gaming market in which our customers can enjoy the great offer we provide across our four casinos, said Per Jal- dung,” CEO of Casino Cosmopol and chairman of the ECA.

“For this to be successful, Responsible Gambling has to be the centre-point of all our actions and we were therefore eager to have this commitment put to the test through certification under the ECA Responsible Gambling Framework.

“We are delighted to have successfully been certified and thereby continue our engagement with this crucial topic for our industry.”

Casino Cosmopol joins the growing number of ECA members certified according to the 2018 Responsible Gambling Framework, including Germany’s Spielbanken Baden-Württemberg and Casinos Austria with a number of other leading operators in the process of certification.

The framework sets an industry standard for the effective management of Responsible Gambling in areas ranging from awareness-raising and employee training to marketing and stakeholder engagement.

Certification is granted to ECA members after an independent third-party audit has been conducted.

“The audit showed the strong involvement of all employees of Casino Cosmopol in the Responsible Gambling programme, which is exemplary and an important aspect to taking the issue seriously,” added Ynze Remmers, G4’s lead auditor, who oversaw the audit.

Compliance Updates

MGA Licenses SoftGamings

George Miller

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MGA Licenses SoftGamings
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SoftGamings is B2B-licensed by the Malta Gaming Authority. 

SoftGamings is proud to announce its latest milestone that comes in the form of the B2B Critical Supply License from the esteemed Malta Gaming Authority. This B2B service license will help SoftGamings to expand the reach of its casino and sports betting solutions further across the Malta Gaming Authority jurisdiction.
Historical Milestone
By obtaining a license from MGA, SoftGamings will undoubtedly not only expand the reach of its software solutions within Malta’s jurisdiction but also lead to even greater cooperation and trust among existing and potential SoftGamings’ partners from all parts of the world.

The Malta Gaming Authority is one of the most popular gaming jurisdictions and licensing bodies in the world that performs thorough inspections and checks before it grants a license to a casino software provider, which only confirms SoftGamings’ dedication to offering secure, fair and reliable casino software solutions.

SoftGamings’ unique platform features thousands of casino slots and table games, as well as a Betradar-powered sportsbook solution which is also expected to be licensed by the MGA, which will now have even more merit among potential clients and become even more prominent in the iGaming industry.

Irina Sazonova, the director of partnerships at SoftGamings, had this to say about the good news from SoftGamings:

“We are delighted and proud to receive the B2B Critical Supply License from the Malta Gaming Authority, as it represents a significant milestone in our company’s history and another confirmation that we are on the right track. With the current presence and insight we have, MGA B2B licence is the recognition of the quality of our services and opens doors to new and long-term partnerships. Our current and future partners can be sure they are dealing with licensed and compliant casino software provider , which will lead to further expansion of our business. With the boost this MGA license is bound to bring to our company, we are bracing for what is hopefully going to be a record year for us.”

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Compliance Updates

New Survey Shows Huge Public Support for Gambling Law Reforms in Northern Ireland

Niji Narayan

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New Survey Shows Huge Public Support for Gambling Law Reforms in Northern Ireland
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According to a new poll, the majority of people in Northern Ireland support reforming the country’s gambling laws. The research was carried out by the polling company LucidTalk on behalf of social policy charity CARE NI, which is campaigning for gambling law change.

Northern Ireland’s gambling legislation dates back to 1985 and critics argue it is not in line with the digital age.

According to the Department for Communities’ 2017 research, the north has a problem gambling prevalence rate of 2.3% – more than four times higher than England where it stands at 0.5%. In Scotland, the figure is 0.7% and in Wales 1.1%.

The department held a public consultation last year on the issue, but the final report has not yet been published.

When polling company LucidTalk asked what best described their position, 92% said maximum stakes and prizes online should be regulated by law, with only 8% saying there should be no limit.

Meanwhile, 90% either strongly support (68%) or support (22%) the idea of a mandatory levy for gambling firms, while just 5% were either strongly opposed or opposed to the idea of the levy. There were 1878 responses to the survey.

Public policy officer Mark Baillie described current laws as “hopelessly out of date and belong to a different era where online gambling didn’t exist.”

“Times have changed and the recent lockdown here in Northern Ireland has only increased the pressure on people with gambling addictions.

“The uncomfortable truth is that Northern Ireland has a real problem with gambling related harms and this means it’s all the more urgent to reform our current laws.

“This polling very clearly shows doing so would be hugely popular with the general population with the clear majority supportive on stake and prize limits on online games regulated by law and a mandatory levy on betting firms.

“CARE NI responded to the Department of Communities consultation on problem gambling and we look forward to the results being published soon.

“Our politicians must make this issue a priority and address the exploitation of vulnerable people thanks to a poorly regulated gambling industry.”

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Kazakh President Signs Amendments to Law on Gambling Industry

Niji Narayan

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Kazakh President Signs Amendments to Law on Gambling Industry
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Kazakhstan President Kassym-Jomart Tokayev has signed the law “On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on Gambling.” Bookmakers will be moved to Kapshagay and Schuchinsk gambling zones.

Earlier it was reported that the government of Kazakhstan wanted to create three new game zones in the country, however, deputies of the Parliament abandoned this idea and excluded this rule from the draft law. Now all bookmakers will be moved to the two existing gaming zones – Kapshagay and Schuchinsk.

In order to have information about the players, they will create a unified betting centre in the country and the player’s relatives will be able to limit the right to place bets appealing to court. All bets received by the bookmaker in cash or through electronic payment systems should be accounted in a single monitoring centre.

A single accounting of all payments received by the bookmakers will eliminate the shadow turnover, increase tax collection and simplify control. A database of players will contribute to the introduction of universal declaration, the introduction of a procedure for limiting and self-restricting a client from betting and will also strengthen measures to fight money laundering related to crime and the financing of terrorism.

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