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Compliance Updates

Bonusfinder.com granted Colorado license ahead of 1st May opening

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BonusFinder granted Colorado license ahead of 1st May opening
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Fourth US state license for player-centric affiliate in less than a year

Bonusfinder.com has been granted a license to operate in Colorado ahead of the state regulating sports betting next month – its fourth US affiliate license in less than a year.

Founded in 2019 with a vision to transform how the affiliate sector creates, captures and converts traffic into profitable returning customers, with a player-centric and brand-driven approach, BonusFinder.com has made huge in-roads in the rapidly growing US market.

The company’s new Colorado license marks its fourth approval in less than a year with existing state licenses in New Jersey, Pennsylvania and Indiana with each market showing rapid growth since launch.

The Centennial state of Colorado will become one of the most open markets in the US next month allowing over 30 casino operators to offer land-based and mobile sports betting to its six million residents.

BonusFinder.com is a finalist in the Affiliate of the Year category at this year’s EGR North America Awards.

Fintan Costello, Managing Director, Bonusfinder.com, said: “We’re thrilled to be launching our fourth stateside offering, presenting Colorado’s keen sports bettors with the best options possible before they commit to opening a new online betting account.

“Our aim is to help players ‘play with more’ within a safe environment. We are very much in favor of regulation and we’re delighted to have made such progress in four progressive and rapidly growing state markets.

“Our core principles are built on a common sense approach to regulation that involve honest and open conversations between regulators, operators, affiliates and players, and this is precisely the approach many US state regulators are taking.”

Last month research carried out by BonusFinder.com monitoring the US market since the closure of major land-based gaming venues and cancellation of live sport uncovered a 100% rise in internet searches for ‘online casino’ across North America.

The research was carried out using Google Trends from February to the end of March this year and uncovered a sharp spike in players searching for ‘online casino’ following land-based venues switching off slot machines and sports events being rescheduled.

The tipping point came on 12th March when more US players searched for ‘online casino’ than ‘sports betting’ with numbers doubling in the following two weeks.

Since the repeal of PASPA in August 2018, 17 US states have regulated sports betting with only five, including Delaware, Michigan, Nevada, New Jersey and Pennsylvania opening up igaming.

Compliance Updates

Sports Betting Ads in Florida Are Now Forbidden By Google Ads

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Sports Betting Ads in Florida Are Now Forbidden By Google Ads
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In the future, sports betting ads and services will be banned and not allowed for promotion on Google Ads in Florida. This update by Google Ads was addressed after a federal judge in Washington DC overturned a Gaming Compact called the Florida-Seminole Tribal Gaming Compact.

Google does not support some sort of gambling advertising since the company promotes safe and responsible gambling that respects the standards of the gambling industry and the local gambling laws.

Every commercial about online casinos or gambling must abide by the rules and regulations of the country and target only countries that have an approved status. Also, logically, they mustn’t be promoted to underaged people and, of course, children. Therefore, all gambling commercials must have a link to a page that shows how to gamble responsibly. And on the support page, you need to get a list of the local rules and regulations that apply to that area.

Lastly, gambling ads can’t be promoted through Gmail, shopping ads, customer ratings annotations, and reservation display commercials and ads.

The disapproval of any extensions or ads that do not follow Google’s regulations is a distinct possibility. And if an ad is disapproved, it will not be suitable and used until the policy violation isn’t looked into and the ad is made applicable to be used and displayed.

Another option that is also available is that if users violate the rules more than once, there can be a suspension of their accounts. Depending on the situation, the user’s account may be suspended after a significant violation or even after a series of several small branches.

After this, all ads that are suspended will be terminated because of this action and all related accounts as well, permanently. Of course, all new accounts made during the account setup procedure will be suspended automatically.

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Balkans

Spinomenal bolsters expansion plans with Bosnian iGaming certification

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Spinomenal bolsters expansion plans with Bosnian iGaming certification
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Spinomenal, the leading iGaming content provider, has bolstered its expansion plans within the Balkan region after being granted its Bosnian certification. The latest Certification means that operators in the country can now access Spinomenal’s wide selection of top-performing HTML5 slots titles.

The Bosnian certification adds momentum to Spinomenal’s growth strategy that focuses on making its content available for the world’s leading iGaming jurisdictions. Among Spinomenal’s large library of games are the classics Majestic King, Demi Gods II and Colossus Fruits.

Bosnia joins an impressive list of iGaming certifications that has most recently seen Spain, Croatia and Belarus added.

Spinomenal’s CEO, Lior Shvartz, commented: “We’re thrilled to be granted our Bosnian iGaming certification and to have the opportunity to share our slots content with a new audience. The Spinomenal portfolio has been carefully curated and will suit the local audience perfectly.”

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Australia

Catherine Myers Resigns as CEO of Victorian Commission for Gambling and Liquor Regulation

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The chief executive of Victoria’s gaming watchdog has resigned amid a major overhaul of the embattled regulator, which has been widely criticised over its lax oversight of Crown casino.

Victorian Commission for Gambling and Liquor Regulation chief executive Catherine Myers abruptly ended her role with the Commission on November 19, after more than seven years in the position.

Her departure follows a tumultuous period for the VCGLR, which will be replaced next year by the Victorian Gambling and Casino Control Commission and a new regulator for liquor licensing and compliance.

Ms Myers said it was appropriate to leave before the establishment of the new regulators, according to a statement on the VCGLR website on November 10.

The decision by the Andrews Government to restructure regulation of the gaming industry followed a litany of legal and ethical breaches by Crown Resorts, initially exposed in reports by The Age, The Sydney Morning Herald and 60 Minutes in 2019, and later by an NSW inquiry and a royal commission in Victoria.

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