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Compliance Updates

Norway warns six Malta-based gambling companies

Niji Narayan

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Norway warns six Malta-based gambling companies
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Norway has warned six Malta-based online gambling companies for illegally targeting Norwegian players. According to news reports, the Norwegian government also blocked the transactions of these companies. As per the existing law in Norway, only two state-run companies – Norsk Tipping, which operates sports betting and casino games, and Norsk Rikstoto, which provides race betting services – can provide gambling services in the country.

But it is known truth that gambling websites located and licensed in other countries are offering their services in the country. Norwegian legislators are trying to remove such unlicensed operations for years, but their efforts have seen almost no success.

The Norwegian Gaming Authority (Lotteri-og stiftelsestilsynet) has ordered local banks to block all payments to and from accounts that have been discovered to be used for processing gambling-related transactions.

It has also emerged that the regulator sent last November warning letters to four Malta-based gambling companies, urging them to stop targeting Norwegian players. The four companies were Betsson Group, Co-Gaming Ltd. (a subsidiary of Swedish gambling group Cherry AB), L&L Europe Players Ltd, and Gaming Innovation Group. Kindred Group and Lucky Dino Gaming Ltd. received similar warning letters earlier this month.

A spokesperson for the Gaming Authority said that all six operators were found to have been marketing their operations and servicing Norwegian customers without being permitted to do so. The spokesperson also pointed out that the letters were sent both to the companies and the Malta Gaming Authority, from which all six operators hold licenses for the provision of online gambling services.

Niji Narayan 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. He reports gaming industry headlines from all around the globe.

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Compliance Updates

NJ Regulators Impose Fine on DraftKings

Niji Narayan

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NJ Regulators Impose Fine on DraftKings
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The New Jersey Division of Gaming Enforcement has fined DraftKings for violating the self-exclusion rules.

DraftKings has to pay out penalties totalling $7000 to the gaming regulator and return $3277 to customers after failing to adhere to self-exclusion rules.

The regulator hit DraftKings with the maximum $5,000 civil penalty for taking wagers from customers who had requested a “cooling off” period be placed on their accounts.

DraftKings discovered an error within its systems in November 2018 whereby the “cooling off” period had been set to zero days. During the month in which the system was not correctly in place, 54 people who were not meant to be able to deposit were able to place bets totalling $28,887. They lost $3277, which DraftKings will now have to pay back.

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Compliance Updates

State Duma Approves the Bill to Simplify Customer Registration of Russian-licensed Online Sports Betting Sites

Niji Narayan

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State Duma Approves the Bill to Simplify Customer Registration of Russian-licensed Online Sports Betting Sites
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Russia’s lower legislative body has approved the bill to simplify the customer registration process for Russian-licensed online sports betting sites.

State Duma has approved the third and final reading of federal law 423799-7, which will dramatically simplify the customer registration process. To take effect, the bill now requires the approval of the Federation Council and Vladimir Putin’s signature.

The bill explains that the “complex duplicate identification procedures” currently required to register with a Russian online bookmaker “encourages players to search for ways to overcome government measures … in order to gain access to foreign sites subjected to blocking by [Russian telecom watchdog] Roskomnadzor.”

The new legislation would allow bookmakers to delegate responsibility for customer identification to the TSUPIS, which will have three business days in which to transfer the info to the bookie. However, bookmakers may opt to conduct some due diligence on any new customer, just to be on the safe side.

If a bettor has already registered with Russia’s public services portal, both the bookmaker and the TSUPIS can accept this information as proof of the customer’s identity, so the customer need not make a physical trip anywhere.

There are some downsides to the simplified registration process, including a cap of RUB60k per individual transaction and a monthly cap of RUB200k for all transactions. However, this monthly cap can be overridden if the player verifies his document at TSUPIS partner’s retail location.

Nikolai Oganezov, who represents Betcity told that the new simplified registration could boost the overall domestic online betting customer base by 5% this year, with the growth up to 15% possible by the end of 2020.

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Compliance Updates

Maine Legislature Passes Sports Betting Bill

Niji Narayan

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Maine Legislature Passes Sports Betting Bill
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Maine legislature has passed the sports betting bill. The Legislative Document 553 was given final approval by each chamber of the legislature and will now pass to Governor Janet Mills to be signed into law.

LD553 opens up the market to all of the state’s bricks and mortar gaming venues, such as commercial racetracks, off-track betting facilities, and commercial and tribal casinos. It will also allow mobile operators to apply for licences without the need for a land-based partner in the state.

Successful applicants will have to pay $20,000 as licence fee, 10% tax on land-based wagering revenue and 16% rate for mobile wagering. The bulk of revenue raised through these taxes will be allocated to the Maine General Fund.

Operators will be permitted to offer odds on all professional, collegiate and amateur sports events. Betting on events involving Maine-based colleges and universities will be prohibited. Only citizens aged 21 and above will be allowed to bet.

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