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Compliance Updates

Spain to Change Gambling Regulations Next Month

Niji Narayan

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Spain to Impose Restrictions on Gambling Advertising
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The changes to gambling regulations in Spain could happen in February. According to Spain’s Minister of Consumer Affairs, Alberto Garzón, they will reveal the regulatory changes for the gambling industry in “two or three weeks.”

After announcing his interest in regulating the operations of the industry, Garzón said that he will discuss with representatives to reach an agreement that benefits all. “There won’t be measures taken unilaterally,” he explained.

“The subject of gambling advertising is pure chaos. It is a public health problem where we have to intervene,” Garzón said.

“Some autonomous communities have a list of banned sites, people who know they have a problem sign up and are already forbidden to play, but if they pass to another autonomous community, which can be five kilometres away, it is not on the list. These gaps exist, but there are mechanisms to regulate,” he added.

Before assuming, the new president, Pedro Sánchez, gave a speech in which he spoke in favour of the regulation of gambling advertising. In response, Cejuego and Jdigital called for dialogues with the president and a balanced and fair regulation for the sector.

“The advertising of the entire game is regulated without making distinctions, that is, that it affects both the public game (SELAE and ONCE) as well as the private game. And specifically, that is regulated in terms of quantity, messages and schedules,” Cejuego said.

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Compliance Updates

UKGC Temporarily Suspends Operating License of Matchbook

Niji Narayan

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UKGC Temporarily Suspends Operating License of Matchbook
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The UK Gambling Commission has temporarily suspended the operating license of Sports betting exchange operator Matchbook.

Matchbook’s UK customers reported receiving emails informing them that the UK Gambling Commission (UKGC) had “taken the decision to temporarily suspend the operating license of Triplebet Ltd (Matchbook). As a result from 23:59 on 17 February 2020 we will be briefly closed for all betting and casino activity in the United Kingdom.”

Matchbook said it has been in “regular contact” with the UKGC and had “agreed a path forward where it will deliver on a number of conditions.”

Matchbook promised to “be back soon” and assured its UK customers that they would retain access to their online accounts for fund withdrawals and the site would “continue to settle all open positions.”

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Australia

Flutter–Stars Group Deal Gets Approval from Australian Competition and Consumer Commission

Niji Narayan

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Flutter–Stars Group Deal Gets Approval from Australian Competition and Consumer Commission
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Flutter Entertainment has received informal approval from the Australian Competition and Consumer Commission (ACCC) for its proposed combination with The Stars Group (TSG).

The approval from ACCC is seen as a milestone in the group’s attempts to merge with Flutter to create what is expected to be one of the world’s biggest betting businesses.

But the company said the proposed deal remains subject to approval by the Australian Foreign Investment Review Board, as well as further international regulatory bodies.

The deal was first announced in October and the combined group will serve customers in more than 100 countries.

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Compliance Updates

Iforium awarded ISO 27001 certification

George Miller

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Iforium awarded ISO 27001 certification
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Industry’s leading aggregator awarded gold standard for data protection and system security

Iforium, the global casino aggregation platform provider, has further established its tier one credentials following ISO IEC 27001 certification for the operations behind its award-winning Gameflex platform.

To receive its certification, Iforium’s internal processes were rigorously tested against the Standard’s strict assessment criteria, ensuring it met the 114 controls and 7 clauses required over a nine-month period.

With a series of internal audits undertaken prior to the certification process, the standard ensures that Iforium’s senior management, as well as all its operations and controls, are fully compliant with the data protection practices and procedures set by the International Organisation for Standardisation and the International Electrotechnical Commission.

As a result, Iforium can demonstrate to its tier one operator partners that its global operations are undertaken with the highest certification available for data protection and system security.

The aggregator will also be able to significantly expand the reach of its Gameflex platform across an even greater range of markets, with regulators such as the Swiss Federal Gaming Board requiring full ISO 27001 compliance prior to entry.

Commenting on its certification, Andrew Cairns, COO at Iforium said:

“We are delighted to be awarded ISO 27001 certification for the operations behind the industry’s largest and most popular aggregation platform. We see this as the perfect endorsement to Iforium’s commitment to the security of its systems and client data reflecting the hard work and dedication by the entire Iforium team in this area.

“By committing ourselves to external audits of both our systems and processes, we are able to highlight our credentials as a forward-thinking supplier, as well as setting the highest standards of compliance we believe all aggregators should adhere to.”

Already the recipient of multiple industry awards, Iforium’s Gameflex combines over 10,000 games from more than 100 gaming vendors and is available to multi-channel operators and suppliers via a single API integration.

Powered by cutting-edge data, operators are also able to create real-time tournaments, missions, achievements and insights from any game and any game provider.

The ISO 27001 certification follows an outstanding year for the industry’s leading aggregator, which saw it expand its regulated European presence, entering the Latam and US markets for the first time following Gameflex platform integration agreements with tier one operators in both Mexico and New Jersey.

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