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Compliance Updates

Roskomnadzor Blocks More Than 11k Gambling Sites in April

Niji Narayan

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Roskomnadzor Blocks More Than 11k Gambling Sites in April
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Roskomnadzor, the Russian telecom watchdog, has blocked 11,830 gambling sites in April.

There were 1371 mirrors of the Fonbet brand among the blocked sites. 696 blocked websites were related to Parimatch, 592 to 1xBet, 456 to Zenitbet, 374 to Marathonbet, 315 to B Leonbets, 126 to Winline, 77 to Liga Stavok, 67 to Olimp, 59 to Betcity, 19 to Baltbet.

Roskomnadzor has also blocked 7589 domains of online casinos, online lotteries and poker rooms. 47 websites were blocked for gambling content about bookmakers, casinos and slot machines.

About 233 thousand websites and were blacklisted by the telecom watchdog in 2018.

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IEC Secures Casino Licence in Manila

Niji Narayan

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IEC Secures Casino Licence in Manila
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Hong Kong-based International Entertainment Corporation (IEC) has obtained a provisional licence to operate a casino in Manila.

In June the firm, which operates New World Manila Bay Hotel and Casino through its subsidiary Marina Square Properties (MSPI), said it planned to redevelop an unnamed existing hotel to create a new integrated resort (IR) in the capital.

In a filing on Friday, it confirmed it has received a letter from the Philippine Amusement and Gaming Corp (PAGCOR) conditionally approving the issuance of a provisional licence.

The firm said: “MSPI and PAGCOR will further negotiate for the terms of the provisional licence agreement to be entered into between PAGCOR and MSPI in relation to the grant of the provisional licence.

“As and when there is further development in relation to the provisional licence agreement, the company will comply with all relevant requirements, and where necessary, make further announcements in accordance with the Listing Rules as and when appropriate.”

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Compliance Updates

Stoiximan and Betano Awarded eCOGRA Safe and Fair Seal

Niji Narayan

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Stoiximan and Betano Awarded eCOGRA Safe and Fair Seal
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Stoiximan and Betano, two well-established online casino and sportsbook brands operated by Kaizen Gaming, have been certified as “Safe and Fair” by the independent testing agency eCOGRA.

Shaun McCallaghan, chief executive of eCOGRA, said that the Greece-based Kaizen Gaming joins an outstanding group of online gambling operators that have demonstrated a practical commitment to higher standards of responsible conduct, fair gaming, integrity and player service through the awarding of eCOGRA’s Safe and Fair seal, which Stoiximan and Betano are now entitled to display on their websites.

“Our onsite review covering key elements of governance, information security, finance and gaming operations revealed an internal control environment that fully supports the underlying principles of eCOGRA’s Generally Accepted Practices (eGAP). We are particularly proud to have these deserving brands display the eCOGRA Safe and Fair seal,” McCallaghan said.

“The achievement of eCOGRA’s Safe and Fair seal is a recognition of our commitment to be a global leader when it comes to safe and responsible gambling. One of our most important priorities is to provide responsible products to our customers,” Panagiotis Skyrlas, Head of Information Security and Compliance for Kaizen Gaming, said.

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Compliance Updates

UK CMA Investigates Evolution’s NetEnt Acquisition

Niji Narayan

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UK CMA Investigates Evolution’s NetEnt Acquisition
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The UK Competition and Markets Authority (CMA) has started an investigation on whether Evolution Gaming’s proposed acquisition of NetEnt would reduce competition in the igaming industry in the region.

CMA opened its inquiry on September 22 and has invited any interested parties to give comments on the proposed acquisition agreement until October 5. CMA will analyse this feedback and announce whether the investigation will proceed to a second phase on or before November 16.

Stockholm-listed Evolution’s offer for NetEnt amounts to SEK79.93 per share, which represented a premium of 43% over NetEnt’s closing price on Nasdaq Stockholm at the time.

At the time of the offer, Evolution said that shareholders owning around 20% of NetEnt shares indicated they would accept the offer, while the board of directors also unanimously recommended other shareholders back the bid.

In addition, board members who in total directly or indirectly control 8.48% of shares and 23.20% of votes in NetEnt expressed they intended to undertake to accept the offer.

NetEnt chairman Mathias Hedlund also welcomed the offering and said that the combination of his group’s reach in online slots and Evolution’s live casino product would give it greater leverage in expanding markets, such as North America.

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