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Compliance Updates

Norwegian Government Introduces Strict Payment Processing Rules

Niji Narayan

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Norwegian Government Introduces Strict Payment Processing Rules
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Reading Time: 1 minute

 

The Norwegian government has introduced new measures related to payment transactions to prevent gambling operators from offering unauthorised gambling services. The new payment regulation for gambling will restrict gambling operators from evading the authorities.

The government has announced that no payments can be made to illegal gambling operators and neither can one receive any payments from an unauthorised operator. This will make it difficult for illegal operators to offer services as currently, the unlicensed operators provide gambling products and services and other companies facilitate their payment transactions.

“The purpose of the changes is to streamline an existing ban on the payment of money games without Norwegian permission. Banks have stated that they want it to be clearer what the authorities expect from their side to follow up the payment intermediation ban. We have therefore specified which specific obligations the banks have to comply with the prohibition,” Trine Skei Grande, Minister of Culture and Gender Equality said.

“The changes will help make it less attractive to play on foreign gaming sites without Norwegian permission. The unregulated players offer games with a higher risk of gambling addiction and are not subject to the same accountability measures as the gaming offer of Norsk Tipping and Norsk Rikstoto,” the minister added.

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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CEEGC 2019

CEEGC2019 Speaker Profile (Poland Briefing): Ewa Lejman (Head of Polish Desk at WH Partners)

Zoltan Tundik

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Reading Time: 2 minutes

 

Polish business lawyer with over 12 years of experience of assisting clients on matters related to gaming and gambling, contract law, M&A and IT service market law to share gambling industry insights of the Polish jurisdiction at CEEGC 2019 Budapest.

As announced earlier, the Polish gambling industry briefing will be part of the “Emerging CEE jurisdictions” compliance panel discussion at CEEGC2019 and will be joined by leading experts of the industry.

The briefing about the jurisdiction will be presented by Ewa Lejman, Head of Polish Desk at WH Partners, who will bring valuable insights she has on how the Polish gambling industry is performing after the new legislation came into force. The panel discussion is important for operators and service providers who can have a direct impact on the market or harvest from their investments.

The 4th edition of the yearly Central and Eastern European Gaming Conference will take place on the 24th of September at the Ritz-Carlton Budapest, and provides a unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here or View the Agenda!

 

About Ewa Lejman

Ewa is heading the Polish Desk of WH Partners as part of the strategic partnership under the WH Partners brand with Izabella Żyglicka and Partners, a very well reputed full-service law firm in Poland and a member of Ally Law.

Ewa is a business lawyer with over 12 years of experience. She assists clients on matters related to gaming and gambling, contract law, M&A and IT service market law.

Ewa has gained extensive experience in the following fields:

  • Gaming and gambling – She handles Polish and foreign economic operators running their businesses on the market; the services provided are connected, in particular, with handling of the process of obtaining licences, establishment and registration of companies related with Polish entities, preparation of documents, such as policies, internal procedures, agreements, terms and conditions, as well as advisory services in cases regarding intellectual property, personal data protection and dealing with litigation;
  • IT and IP law – she handles day-to-day legal and tax services of Polish and foreign companies in this field, including start-ups;
  • International contracts law – she constantly advises and analyses contracts of foreign companies operating on the Polish market, particularly in terms of production, distribution of machines and sales of services involving the IoT;
  • Tax law – she effectively represents clients before tax authorities and administrative courts; she advises alternative investment funds (Alternative Investment Companies – ASI, Alternative Investment Management Companies – ZASI); she has authored publications in this field of law;
  • M&A – she performs multimillion M&A transactions.

Ewa Lejman is a laureate of the Rising Stars Lawyers – the Leaders of Tomorrow 2015 competition. She was ranked 4th in Poland.

http://whpartners.eu/our-team/ewa-lejman

 

Browse the official event website for more details: www.ceegc.eu

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Compliance Updates

UK Minister Considers Raising the Minimum Age Limit for National Lottery Scratchcards

Niji Narayan

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UK Minister Considers Raising the Minimum Age Limit for National Lottery Scratchcards
Reading Time: 1 minute

 

Mims Davies, the Minister for Sport and Civil Society in the UK, has announced that the minimum age to play National Lottery scratchcards and online instant win games could be increased to 18 to protect vulnerable young people.

At present, the age limit for all National Lottery games is 16, but the government will now consult on whether it should be raised to 18 for some or all National Lottery games and products.

The plan is to ensure that young people are rightly protected from the potential risks of gambling related harm, although these remain very low on all National Lottery games.

The Government also announces that it will raise the society lotteries’ annual sales limit to £50 million, increasing the money they can raise for good causes, and the maximum per draw prize to £500,000.

The new limits, which have not been increased for a decade, come after a detailed consultation and will support society lotteries to grow, removing the need for lotteries to slow down their fundraising and allow them to get rid of the costly bureaucracy designed to stop them breaching the current limits.

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Compliance Updates

Wazdan Receives Swedish Certification, Expanding Their Reach Further Through the Nordics

George Miller

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Wazdan Receives Swedish Certification, Expanding Their Reach Further Through the Nordics
Reading Time: 2 minutes

 

Wazdan is thrilled to announce the confirmation of their Swedish certification, enabling them to offer their games through Swedish operators.

Confirmed this month, Wazdan is now fully certified in Sweden and have already enabled their games through their existing Swedish partners, including Kindred, Mr Green, Hero Gaming, and more.

The Swedish Gambling Authority began to accept license applications under a new law, earlier this year, in an effort to liberalise the gambling market and open it up to private actors. Before this, gambling activities were state-owned and had come under criticism from the European Commission for being monopolised. Online, however, under EU law, Swedes had been able to play at online casinos for some time, but finally, in 2018, the government agreed to follow Denmarks lead: quash the monopoly and open up the market. The Swedish Gambling Authority is the authority tasked with ensuring the legality, safety and reliability of the Swedish gaming and gambling market. Their role is to provide consumers with the tools for fair gaming by maintaining a transparent and balanced gaming market, as well as reducing the potentially harmful social effects.

Opening up the market is not just good for game producers, like Wazdan, it is also positive for the players. The main objective under the gambling re-regulation is to create a safer market, with particular focus placed on improving consumer protection, and game security. With this, players will be able to pause their accounts easily, and there will be increased punishments for illegal gambling activities and match-fixing.

Wazdan continues to grow in the regulated markets, with licenses including the MGA, the UKGC, Romania and Curacao. The company is also certified to offer their products in Sweden, Latvia, Lithuania and Estonia. Market expansion comes at a great time for Wazdan and their operator partners, with the company recently announcing a slew of new game title releases, including Lucky Fish, Relic Hunters™ and the Book of Faith, Lucky Reels, Space Spins, Magic Stars 5, Space Gem™, Juicy Reels, and Magic Stars 6, as well as their main game of the year, Larry the Leprechaun.

“We are excited to announce our Swedish certification, which allows us to strengthen our position in the Swedish market and expand the reach of our games through our existing operators. The Swedish certification opens up doors for our team to increase what we offer our partners, and also to develop new relationships with operators to bring Wazdan high-quality games to the Swedish players,” says Andrzej Hyla, Head of Sales at Wazdan.

Keep up to date with the latest Wazdan news at: https://www.wazdan.com

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