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Compliance Updates

Spillemyndigheden Issues Warning on Marketing Bonus Offers

Niji Narayan

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Spillemyndigheden Issues Warning on Marketing Bonus Offers
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The Danish Gambling Authority, Spillemyndigheden, has released a statement and issued warning to the operators.

The regulator assessed that the use of the word “free” when marketing a bonus offer is misleading if a wagering requirement is attached to the offer.

In accordance with the Consumer Ombudsman, in 2016, a statement contemplated the use of the word “free” in bonus offers. “The Consumer Ombudsman found that the chance of winning a win was impaired because consumers could not raise their winnings if they stopped the game before the wagering requirement was met, and the total sum of consumer deposits and winnings was higher than the consumer’s initially deposited amount,” said the statement.

The gambling authority said that this is similar to other concepts such as “free spins” and “free bet” if a turnover requirement is attached to the offer. “The use of these terms can create an expectation on the part of the consumer that the offer is actually free without any limitations and will therefore be contrary to the law if this is not the case,” said the watchdog.

 

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Compliance Updates

Ukraine’s Cabinet of Ministers Approves Establishment of Gambling Commission

Niji Narayan

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Ukraine’s Cabinet of Ministers Approves Establishment of Gambling Commission
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Ukraine’s Cabinet of Ministers has approved the establishment of a gambling Commission to regulate gambling and lotteries. Its work is scheduled to launch in November this year.

The Gambling Commission will issue licenses, monitor and control the activities of gambling business operators.

“The launch of the commission will make it impossible for illegal gambling establishments to operate under the guise of state lotteries. And the legalization of gambling will stimulate the economy, attract investment, create additional jobs and receive a significant source of additional revenue,” the Ministry reports.

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Singapore’s Home Ministry Confirms Launch of GRA by 2021

Niji Narayan

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Singapore’s Home Ministry Confirms Launch of GRA by 2021
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Singapore’s Ministry of Home Affairs has confirmed the establishment of the Gambling Regulatory Authority (GRA) by 2021.

According to a statement from the ministry in April, the new body will be a statutory board and will be reconstituted from the current Casino Regulatory Authority (CRA).

“The Ministry of Home Affairs will establish the Gambling Regulatory Authority and complete the review of gambling-related legislation in 2021,” a spokesperson said.

Notwithstanding the Covid-19 pandemic, the Singapore authorities said they were pushing forward with the plans to create the new body that will be responsible for “regulating the entire gambling landscape in Singapore.”

The Singapore authorities have said the move to consolidate regulatory functions under the GRA would ensure Singapore was “abreast of technological and global trends,” and could “respond faster to emerging products in particular those that cut across different domains, and take a more holistic approach to gambling policies and issues.”

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Compliance Updates

BGC Unveils New Code of Conduct for Design of Online Games

Niji Narayan

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BGC Unveils New Code of Conduct for Design of Online Games
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To improve the safety of players and tackle problem gambling, the UK Betting and Gaming Council (BGC) has unveiled a new code of conduct for the design of online games.

The new code of conduct follows on from the Safer Gambling Commitments published by the BGC in 2019 and is further evidence of the industry body’s commitment to driving up standards.

Among the major commitments included in the new code are minimum game cycle speeds of 2.5 seconds, the ending of turbo play, which allows players to speed up games, and the scrapping of multi-slot play, where a player can place multiple stakes on different games at the same time.

The code also introduces further mandatory checks on players’ activity to introduce breaks in play. All of these measures will be in place by the end of this month.

Michael Dugher, chief executive of the Betting and Gaming Council, said:

“The BGC was set up last year with the aim of leading a race to the top in terms of standards within the regulated betting industry.

“The new Game Design Code of Conduct is yet another example of our determination to address concerns head on and meet our safer gambling commitments.

“I’m sure that our members will embrace this approach and commit to its objective of improving player safety.

“And as we prepare for the forthcoming Gambling Review, it is further evidence of our industry’s commitment to improving standards – unlike the completely unregulated black market.”

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