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Compliance Updates

OPAP Freezes the Roll-out of VLTs in Greece

Niji Narayan

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OPAP Freezes the Roll-out of VLTs in Greece
Photo Source: greekreporter.com
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OPAP, the leading gambling company in Greece, has frozen the roll-out of video-lottery terminals in Greece until the country settles a “procedural” regulatory issue.

OPAP currently operates 20,091 video-lottery machines and have to add an additional 4900 by the end of 2019 to complete the installation of a total of 25,000 machines under an exclusivity agreement with Greece.

The company said that they had decided to put the plan on hold after a Greek court annulled a previous decision by the Greek gambling commission which set out the regulations for the machines.

OPAP’s Chief Executive Officer Damian Cope said the ruling was “purely procedural” as it seemed that the regulation should have been originally issued through a presidential decree. He said he was confident that the issue would be resolved.

“At the moment, we are continuing all of the necessary activities related to the planning of our roll-out. Our intention is to complete the roll out by the end of the year and as soon as we get a clarification that we want, then we’ll be up again.” Cope said.

Compliance Updates

Caravel Secures Online Betting and Gaming Licences in Portugal

Niji Narayan

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Caravel Secures Online Betting and Gaming Licences in Portugal
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Caravel Entertainment has secured two new licences to offer sports betting and games of chances in Portugal.

Approved by the country’s Comissão de Jogos do Turismo de Portugal, the licences will enable Malta-headquartered Caravel to operate its Moosh brand in Portugal. Players in Portugal will soon be able to access both sports betting and games of chance via the Moosh.pt domain.

Caravel Entertainment becomes the twelfth operator to secure gambling licences in Portugal, joining the likes of 888, The Stars Group, Betclic Everest Group and Betano.

Portugal’s national gambling regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal is yet to publish Q3 financial results for the country’s online gaming market.

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Compliance Updates

EveryMatrix withdraws from the white label space in Denmark

George Miller

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EveryMatrix withdraws from the white label space in Denmark
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EveryMatrix announces the closing of its white label brands www.casinohouse.dk, www.777.dk, www.victoriamilan.dk and www.jetbull.dk in the Danish market.

The company will continue to provide a fully certified and reliable platform and software solutions to Danish licensed operators.

Although EveryMatrix had a strong bond to its white label business which brought commercial success and ambitious operators on board, in the last years the overall direction of the company shifted towards providing B2B specialised software solutions. EveryMatrix is fully committed to further strengthen its position as a market leader in the B2B space, and it will continue to build and develop in that direction.

 

About EveryMatrix:
EveryMatrix delivers a modular and API driven product suite for casino, sports betting, payments and affiliate/agent management. The company’s B2B iGaming solutions are designed to help clients unleash bold ideas and deliver outstanding player experiences in regulated markets.

To offer the services required by operators, the EveryMatrix products work together as an entire platform or independently. They can be easily integrated with existing platforms to accommodate different types of clients from bookmakers to lotteries and from existing large operations to newcomers.

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Compliance Updates

New Jersey Division of Gaming Enforcement Imposes $150k Fine on Online Gambling Companies

Niji Narayan

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New Jersey Division of Gaming Enforcement Imposes $150k Fine on Online Gambling Companies
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New Jersey Division of Gaming Enforcement has imposed a fine of $150k on online gambling companies for failing to comply with regulatory measures as per the licensing terms.

The gambling regulator slapped Scientific Games’ SG Digital division, which operates in New Jersey as NYX Digital Gaming a fine of total $110k for “deploying three games that were not the versions tested and approved,” and regulatory violations.

The William Hill Sports Book in partnership with the Ocean Casino Resort and Tropicana Atlantic City and Monmouth Park Racetrack was fined $26,500. The betting operator allowed 16 “self-excluded patrons to wager online.”

Poker Stars was fined $5000 for failure to “permanently record poker hand history data for 202 patrons for approximately two hours on April 30, the September complaint alleged.”

The gambling regulators were lenient with the operator as PokerStars self-reported the discrepancy.

iGaming Cloud was served an $11,000 fine. The operator had three individual complaints. It was fined $2000 for deploying an unapproved version of a game, $2000 for not furnishing slot tournament data after a system crash and fixing the crash without notifying the gambling regulator and $7000 for allowing players registered in the self-exclusion registry to create online accounts and place bets.

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