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Compliance Updates

MGA Suspends the Authorisation of Stakers Limited

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The MGA has decided to suspend the authorisation specifically the Recognition Notice granted by the Authority number RN/112/2019, awarded to Stakers Limited (RN/112/2019) effective as of 9 March 2020 in terms of regulation 9(2) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06).

Stakers Limited is thus no longer authorised to carry out any gaming operations, register new players or accept new customer deposits, but is required to retain and provide all registered players with access to their player accounts, and to refund all funds standing to the credit of players in line with the applicable law.

This sanction is being imposed upon Stakers Limited in light of the suspension of their United Kingdom licence, thus the recognition thereof for its use in/from Malta is equally suspended.

This decision may be subject to an appeal in terms of article 43 of the Gaming Act (Cap. 583).

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Dutch Regulator Issues Warning to Affiliates Over Gambling Advertising

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Dutch gambling regulator de Kansspelautoriteit (KSA) has written to more than 50 affiliate sites active in the country to remind them of the laws regarding the advertising of online gambling.

The KSA said it recognised that gambling operators often use affiliate websites to advertise their offering, with users able to click banner adverts or links in text to visit sites.

However, the KSA said that this method does not always comply with advertising rules in the Netherlands and wrote to affiliates urging them to ensure their websites are compliant with national law.

In the letter, the KSA said affiliates may only advertise gambling sites run by operators that hold a licence to offer online games of chance in the country.

Should an affiliate advertise an unlicensed operator’s website, then the KSA could regulatory action, including issuing the affiliate with a financial penalty.

Advertising is permitted for licensed operators, but the KSA said affiliates should ensure any adverts are in line with regulations. These rules include that adverts should not be targeted at minors or young adults under the age of 24, while all adverts should be clear as to which operator they are promoting.

“Affiliate websites can make an important contribution to better advertising compliance by gambling companies. This is why the KSA calls in these websites to account for their social responsibility. Consumers can be protected even better in this way,” the KSA said.

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Compliance Updates

Greece Raises Betting Limits for Online Slots and Poker

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The Greek government has confirmed that it will ease player wagering restrictions on online casino and poker verticals.

Positive developments for market incumbents will see the government increase its €2 maximum wager on online casino (slots and table games) to €20.

Announced by the Hellas government gazette, the increase on maximum wagers will be instantly effective from May 2022 onwards and will be further applicable for online poker and its associated RNG games.

The changes follow a Year-1 review of Greece’s relaunched gambling regime by the Ministry of Finance.

Further positives saw the government announce that Jackpot values on games of chance and slots would be doubled from an existing €70,000 cap to €140,000.

The Hellenic Gaming Commission (HGC) provided a further technical update that will allow licensed operators to reduce game/spin times from 3-to-2 seconds.

The HGC further revealed that it would extend its compliance window for operators to connect to its centralised monitoring system until December 2022.

HGC President Dimitris Ntzanatos welcomed the Finance Ministry’s decision to increase wagers on online casino and poker – stating that his department had backed the outcome in its recent auditing report of Greek gambling.

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Compliance Updates

Andrew Rhodes Confirmed as Permanent Chief Executive of UKGC

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The UK Gambling Commission (UKGC) has announced that Interim Chief Executive Andrew Rhodes has been appointed to the role on a permanent basis.

Andrew joined the Commission in June 2021, originally for an 18-month period, following a number of senior roles at private and public sector organisations including Swansea University, the Department for Work and Pensions, the Food Standards Agency and the DVLA.

Andrew will continue to work closely with chair Marcus Boyle, the Board of Commissioners, and the Commission’s senior leadership team to ensure Great Britain’s gambling industry is regulated strongly and effectively. He will also continue his stakeholder engagement programme with consumers, industry, parliamentarians and those with lived experience.

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