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Compliance Updates

Play’n GO Show Certified Excellence!

George Miller

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Play’n GO Show Certified Excellence!
Reading Time: 2 minutes

 

Play’n GO are consolidating their reputation as the supplier of choice for regulated markets, as they announce their most recent certifications and their plans for new markets.

 

Already offering content in over 15 regulated jurisdictions globally, this year has seen them move into Sweden, and prepare to enter Portugal, two growing markets in the industry.

While Portugal saw record growth in its land-based casino sector in 2018; Sweden’s new regulations have opened up the casino market and Play’n GO were one of the first to take advantage of the new regulations, signing landmark deals with prominent Swedish partners including ATG and Svenska Spel.

The biggest boost to their reputation is the fact they have chosen to make their entire portfolio compliant in the regions they operate in. Rather than selecting some games for each jurisdiction, as is the current norm, Play’n GO have made sure that any operators they partner with have as much of their innovative portfolio available to them as possible. This gives their operators more freedom of choice and a higher quality selection of games for their players.

New certifications that they have implemented include the addition of in-game progressive jackpots in Italy; the offering of video bingo, video poker and a selection of slot and table games in Spain; Nearly 70 additional slot titles available in the Czech Republic and the offering of table games in Colombia.

Play’n GO continue to be at the forefront of the industry in regards to both content quality and compliance controls. Head of Compliance Sissel Weitzhandler spoke about Play’n GO’s stance on the issue:

We are committed to being the strongest supplier in regulated markets. This approach is an integral part of our products and operations. We continuously striveto be even better at what we do not only seeing that our products adhere to the strictest standards while providing a great entertainment experience.

We have a strong presence in regulated markets, and it’s growing continuously. Our goal is to expand even further in Europe and increase our presence in Latin America. Wherever we go, our partners can be certain to be fully compliant in those markets.”

 

For more information about Play’n GO, their offices, or their products and services, please visit http://www.playngo.com or contact sales@playngo.com.

Founded in 2005, Play’n GO are a leading supplier for slot gaming in the casino industry. One of the first suppliers to recognise and utilise the potential of mobile slot gaming, their innovation has revolutionised the industry and led Play’n GO to the forefront of the casino supplier market. Since its inception Play’n GO have curated a portfolio of award-winning games developed and tailored for compatibility with all devices and operating systems. In addition to this, they also provide back-end services and solutions to ensure operators are equipped to provide the ultimate gaming experience; this includes their casino platform and their server-based gaming solution, OMNY.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Nepal Government Introduces New Casino Rules

Niji Narayan

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Nepal Government Introduces New Casino Rules
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The Government of Nepal has introduced a set of new rules relating to sharing of information about gamblers, management of assets and monitoring for suspicious activities.

As per the new rules, operators of brick-and-mortar casinos are required to maintain a record of visitors and players at the properties. Gambling venues should also deny access to those who are believed to be involved in suspicious activities.

The new rules mandate that the casinos must inform the government and the Nepal Rastra Bank about wins or losses of more than NPR1 million within a 15-day period. If the gambling venues suspect that a patron uses suspicious money, it has to compile a report and notify the NRB’s Financial Information Unit within a three-day period.

Under the recently adopted rules, operators of gambling venues must submit reports to the Department of Tourism in every four months. The reports must contain information proving that the casinos are not used for money laundering. Properties failing to submit the required reports could face fines of up to NPR50 million.

The newly imposed rules also contain provisions relating to sharing information about customers, casino operators and staff members. If casinos change staff, they must inform the authorities about the changes within a 15-day period.

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Compliance Updates

ASA Bans the Adverts of BetIndex and Coral

Niji Narayan

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ASA Bans Two ‘Irresponsible’ Gambling Adverts
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Advertising Standards Authority (ASA) has banned the adverts from BetIndex and Coral for being socially irresponsible and encouraging potentially harmful behaviour.

A BetIndex video on YouTube featured a representative of The Football Index product describing it as “basically the football stock market, where you buy and sell shares in footballers with real money and you can win daily pay-outs which we call dividends.” A viewer of the video complained that it was irresponsible because it was presented as an investment opportunity.

Advertising Standards Authority (ASA) said the ad created the impression that the product was an investment opportunity when, in fact, it was a betting product. It concluded that the ad did not make the associated financial risks clear and was irresponsible.

Separately, a television ad for Coral has been banned for encouraging repetitive participation in gambling. The ad featured a female voiceover stating: “Free £5 bet every Sunday. When you bet £25+ Monday to Saturday.” A viewer complained that the offer was irresponsible and potentially harmful for encouraging consumers to gamble each week.

“We considered that the suggestion that viewers should ‘join’ a ‘club’ in order to receive a free £5 bet ‘every’ Sunday was likely to encourage some consumers to take up the offer repetitively. For that reason, we concluded that the ad was likely to encourage gambling behaviour that was harmful and therefore breached the Code,” upholding the complaint, the ASA said.

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Compliance Updates

MONEYVAL Criticises Malta for Failing to Act Against Financial Crimes

Niji Narayan

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MONEYVAL Criticises Malta for Failing to Act Against Financial Crimes
Photo Source: newstatesman.com
Reading Time: 1 minute

 

Anti-money laundering body, MONEYVAL has sharply criticised Malta for inadequately tackling financial crimes, in a report highlighting the risks of banking and online gambling sectors. The report is a setback for the island that has sought to repair its reputation following the murder of a journalist investigating corruption.

Moneyval said that the Maltese police seldom used information gathered to trace criminal money and not enough was being done to tackle money laundering risks in online gambling.

A group of Maltese ministers issued a statement to say they were happy with the progress that the country had made so far and they would prepare a one-year plan to implement Moneyval’s 58 recommendations.

Moneyval said that although the country had tried to better understand money laundering risks, investigations were hampered by “limited resources, both human and financial.”

Moneyval added they were “not convinced” Maltese police could effectively investigate and prosecute “cases related to financial, bribery and corruption offences.”

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