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Compliance Updates

Newstip Postponement Dutch Regulations

George Miller

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Newstip Postponement Dutch Regulations
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The Dutch Remote Gambling Act is expected to come into effect on 1 March 2021 in stead of the previous target date 1 January 2021. In June Minister for Justice and Security Sander Dekker already confirmed a possible postponement due to the COVID-19 pandemic with a couple of months. A letter from Minister Dekker of Justice and Security to the House of Representatives confirmes the delay of the target date for the Dutch Remote Gambling Act with two months.

Letter from Minister Dekker (Justice and Security)

The Dutch website BlackjackSpelregels.com discovered a letter from Minister Dekker of Justice and Security to the House of Representatives. In it, the Minister discusses the implementation of a number of motions but also the delay in target date of the Remote Gambling Act. In the last few months the Minister spoke with representatives of the Dutch Kansspelautoriteit, Minister of Health, Wellbeing en Sports, Addiction treatment and landbased operators. Most parties favor a quick opening of the Dutch gambling marketing, but landbased operators were hit hard bij de COVID-19 pandemic and had to close for three and a half months. They argue their preparations for the online part of their businesses we’re halted by the lockdown and expect not to be in time for the license application on 1 January 2021. Therefore the intended date of entry into force of the law has now been moved from 1 January 2021 to 1 March 2021. This is another delay as the Remote Gambling Act was postponed multiple times before and the last delay was for six months.

Also two months delay for openingdate Dutch market

On 19 February 2019 the Senate approved the Draf Bill on Remote Gambling. As a result, it will become possible to apply for a licence in the Netherlands for the purpose of offering online gambling. It is currently still illegal to offer such games. From 1 March 2021 interested parties can apply for a gambling licence and licence applications will be processed within six months. The Dutch online gambling and betting market will open half a year later. Therefore the expected opening date is also delayed by two months from 1 July 2021 to 1 September 2021.

Extension of cooling off period

With the postponement of the target dat form the Remote Gambling Act the Minister also decided the cooling-off period will be postponed with the same period of two months. The cooling-off period already was extended by two years and six months due to the previous delay. With the new delay de cooling off periode thus covers two years and eight months.

 

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Central Europe

Wazdan set for Switzerland entry

George Miller

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Wazdan set for Switzerland entry
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Casino games supplier Wazdan has had 15 of its top-performing games certified for Switzerland as the company prepares to enter the online market.

Included in the market-ready titles are recent hits Choco Reels and Infinity Hero, as well as fan-favourites Black Horse™ Deluxe and 9 Lions, with Wazdan set to launch with a major operator brand in the country later this year.

The slot supplier has already acquired the necessary ISO 27001 information security certification as it continues to prove its commitment to the highest levels of regulatory compliance.

Switzerland will become the latest market to take Wazdan’s expansive global slots offering, with its games currently certified in numerous jurisdictions including the UK, Spain, Sweden, Romania and Portugal.

Andrzej Hyla, Head of Sales at Wazdan, said: “Having our top-performing titles certified for launch in Switzerland ahead of our anticipated market entry is another exciting milestone for Wazdan in what has been a very positive year for the business.

“Our focus on growth in regulated markets has allowed us to thrive and with some exciting news to come within the Swiss market, this is only the start of another thrilling journey for us.”

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Compliance Updates

Yggdrasil granted ISO/IEC 27001 accreditation

George Miller

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Yggdrasil granted ISO 27001 accreditation
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Enables business to further expand into new markets with many jurisdictions using certification as regulatory benchmark

 Yggdrasil, the leading worldwide publisher of online gambling content, has been granted an ISO/IEC 27001 certification, proving its commitment to information security standards.

The international certification is awarded when a set level of information security standards are reached, ensuring best practices in this discipline.

The accreditation enables Yggdrasil to expand into new global markets, with many jurisdictions and World Lottery Association (WLA) members now using the 27001 certification as a regulatory benchmark.

Furthermore, as the supplier’s flagship content creation and distribution program, YG Masters, continues to grow, ensuring Yggdrasil’s approach to data protection and information security is compliant is an important step for the global growth of the business.

Fredrik Elmqvist, CEO at Yggdrasil, said: “Receiving our ISO certification is something we are very proud of and rightfully so. We have been through a rigorous certification process to ensure compliance is held to the highest regard, which is something we pride ourselves on, and we are committed to continuous improvements in security standards.

“It is yet another feather in our cap as we continue to provide dynamic, immersive gaming experiences for players all over the globe, while also ensuring YG Masters continues to grow in a secure environment.”

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Compliance Updates

Authentic Gaming agrees Maxima Compliance partnership

George Miller

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Authentic Gaming agrees Maxima Compliance partnership
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B2B online live casino games specialist Authentic Gaming has agreed a deal which will see Maxima Compliance optimise and streamline the provider’s compliance function.

Authentic Gaming will gain full access to Maxima Compliance’s team of product compliance experts, which will assist Authentic Gaming’s entry into new markets.

Maxima Compliance will oversee and deliver all aspects of product compliance for the full Authentic Gaming offering.

Magdalena Podhorska-Okolow, Chief Commercial Officer at Authentic Gaming, said: “Authentic Gaming is serious about compliance, which is why we have turned to Maxima Compliance.

“As we look to expand into new markets, we require world-class compliance expertise delivered by a team we can trust, and we’ve picked the best on the market to do precisely that.”

Antonio Zanghi, Managing Director at Maxima Compliance, said: “It is an honour that one of live casino’s most recognisable providers has selected Maxima Compliance for such a critical function.

“In the current market, compliance is a key differentiator for suppliers looking to quickly and seamlessly enter new jurisdictions, and the Maxima Compliance team will be working tirelessly to ensure Authentic Gaming retains its edge over the competition.”

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