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Compliance Updates

How the Regulatory Environment for Online Gaming is Evolving

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How the Regulatory Environment for Online Gaming is Evolving
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In many countries, online gaming isn’t part of the regulatory environment. That’s because most gaming laws were passed long before the Internet came along. Where online casinos are allowed, the rules aren’t written in stone.

They change frequently, often to adjust tax rate or raise regulatory standards. That said, the world is slowly changing its stance on online casinos. An industry traditionally rejected by politicians and lobbyists is now welcomed, albeit with fast-changing rules.

Below is an overview of the evolving regulatory framework of online gaming globally.

Emphasizing Transparency

If you have visited an online casino lately, you must have realized they are more transparent than ever before. They no longer hide their license numbers, office addresses or contact details.

Instead, they provide every piece of information you need.

Online casinos aren’t suddenly transparent out of their own kindness. They’ve been directed to become more open with their customers. That way, no one has to create an account and spend money at a gaming site based on misleading information.

That transparency is pretty crucial when it comes to payments and bonuses. On the one hand, you want to know about fees, limits and processing times beforehand. On the flip side, you want to accept bonuses only after you understand their terms and conditions.

Of course, not all casinos are entirely transparent. In many cases, you’ll need to read their terms and conditions to discover the nitty gritty of their services. For example, they might reveal their bonus wagering requirements beforehand. But they could hide information about withdrawal limits in their terms and conditions webpages.

Encouraging Social Responsibility

Social responsibility has been a trending topic for the past five years. It’s something everyone involved in the online gaming sector wants to talk about for selfless or business reasons. In Britain, the UKGC requires operators to have tools and partnerships with programs that can help problem gamblers.

It also works with non-profit organizations to help raise the standards for safe casino gaming or to help players in some way. With that in mind, nearly every online casino in Britain has a way of preventing casino harm.

At some websites, you get software to restrict your weekly and monthly budgets. Also, you receive a hotline or link to a website you can call if you need intervention. These days, online casino also works with Gamstop—an NGO that helps casino players self-exclude from gaming websites in the UK.

How Gamstop Works

Gamstop provides you with an online form on which you fill your name, date of birth, email address, mobile number and home address. You also specific how long you want to be excluded from online casinos: six months, one or five years.

After that, it circulates your information every online casino licensed by the UKGC. It also orders them to blacklist you for the time you specified. After your self-exclusion period is over, you can contact Gamstop to deactivate your account.

Unfortunately, your records don’t just fade away. Every online casino gets a memo that you’ve registered for Gamstop’s program in the past. Some casinos might then reject you fearing you could still have problem gaming.

There’s an alternative, though, and you can find more information here. But basically, it helps you find safe casinos not regulated by the UKGC. Also, they don’t work with Gamstop, so you don’t have to worry not finding a gaming website.

Regional Regulation in North America

In both the US and Canada, online gambling regulation is now a regional issue. In the US, states legalize and regulate the industry. In Canada, provinces make the rules and authorize operators to run online casinos.

There are several more countries where online gaming is regulated on a regional level:

Germany, South Africa and Australia, to name a few. And all of them cite one benefit: it’s easier to regulate gaming markets within a province or state compared to national level.

Will Britain follow suit? Unlikely. The UK shows no signs of taking away the gaming regulatory mandate from the UKGC and genuinely so. For a long time, Britain has been a paragon of how to regulate online casinos professionally and transparently.

As such, the focus isn’t be on devolving online casinos. It is on regulating it properly regardless of who does it. After all, the majority of countries aren’t large enough to devolve online gaming.

Relaxed Advertising Laws

For a long time, most countries had strict gambling advertising rules. Some nations like Spain still have prohibitive advertising laws for remote gaming companies. But generally speaking, the world is moving towards an environment where operators can market their content freely.

For example, online casinos are no longer prohibited from advertising on television. Sure, they can’t run adverts during the day. But they have an allocated time when they can market their games and bonuses.

Likewise, they can also advertise on websites and mobile apps. The only restriction is to avoid running ads on websites frequented by children. Additionally, they can’t involve young persons in their marketing efforts.

Expanding and Privatizing Gaming Businesses

In many countries where online gaming is legal, operators didn’t always have the freedom to offer all gaming positions. In contrast, players didn’t always have the choice on where they can bet on sports.

Instead, some countries used to run online gaming through monopoly government agencies.

Norway still uses that system. But more countries globally are privatizing gaming so that players have a variety of casinos to use.

In contrast, countries are also expanding their lists of allowed gaming positions. As a result, slot websites no longer have a limit on the number of machines they can provide. And they are not prohibited to provide certain games for any reason.

Conclusion

The online gaming industry is undergoing a progressive revolution. And it does not just mean there will be more gaming sites in the future. It means operators have more freedom on games to provide and how to market their services. In contrast, it means players have access to more and better gaming platforms.

Australia

Venues Warned to Play by the Rules on ANZAC Day

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Liquor & Gaming NSW is urging licensed venues across the state to plan ahead and have proper measures in place to ensure safe and responsible ANZAC Day commemorations.

Pubs and clubs can face additional challenges on April 25 that come with managing larger than normal crowds and the playing of two-up.

Two-up was a popular game among World War I veterans and, while illegal as an unregulated form of gambling most of the year, is legally played every ANZAC Day, Remembrance Day and Victory in the Pacific Day in their memory.

Liquor & Gaming NSW Executive Director Regulatory Operations, Jane Lin, said inspectors would carry out checks of licensed premises in Sydney and regional areas on ANZAC Day to ensure compliance with the state’s liquor and gaming laws.

“Two-up is a great Australian tradition and a way for people to come together at pubs and clubs to enjoy the ANZAC spirit,” Lin said. “While venues do not need a permit to host two-up, they are encouraged to fully understand and observe the traditional rules of the coin-tossing game.

“Licensed venues are reminded to properly manage potential risks linked to larger crowds, increased rates of intoxication, gambling disputes, extended high volume trading and special ANZAC Day liquor promotions.”

Venues’ advertising and promotions must align with liquor promotion guidelines.

More information about ANZAC Day in New South Wales is available at https:/ /www.NSM.gov. au/about-nsw/anzac-day-nsw. Two-up rules can be found at https:/ /www.LiquorAndGaming.nsw. gov. au/__data/assets/pdf_file/0007/858562/fs3098-two-up-factsheet. pdf.

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Compliance Updates

Boldplay Awarded UKGC Licence

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Boldplay Awarded UKGC Licence
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Boldplay, the renowned provider of premium casino games, has been awarded a remote operating licence from the UK Gambling Commission, to sit alongside their existing licenses in Gibraltar, Malta, Romania, Argentina, and Peru.

This latest development marks a significant step for the company and further solidifies Boldplay’s position as a trusted provider within the iGaming industry. The UKGC licence will allow the company to further expand in regulated territories, a key element of their growth plan, and establish new partnerships within the vibrant UK market.

Having fulfilled the criteria to provide services to UK players Boldplay is well-positioned for success. With a diverse catalogue of over 100 titles, ranging from slots and table games to bingo, keno, and virtual scratch cards, the company is well-known for its innovative features, including their trademark Boldplay Spins.

Speaking of the UK Gambling Commission’s decision to grant the operating licence, Boldplay CEO, Valli Fragoso, said: “We are proud to receive our remote software supplier licence from the UK Gambling Commission. This milestone reflects our commitment to providing high-quality, engaging casino games to licensed operators while upholding responsible gaming standards. We can’t wait for UK players to try our games.”

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Asia

Indonesian Govt to Form Task Force to Tackle Online Gambling

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Indonesian President Joko Widodo has chaired a limited meeting which discussed the efforts taken to eradicate online gambling in the country on Thursday 18 April, at Merdeka Palace in Jakarta. Minister for Communication and Information Technology Budi Arie Setiadi, in his press statement after the limited meeting, said that the Government will form a task force to counter online gambling.

“It has been decided that within a week, we will formulate measures to form an integrated task force in order to eradicate online gambling,” Budi said.

Minister for Communication and Information Technology mentioned that forming a cross-ministries/institutions task force is aimed to handle online gambling more thoroughly, collaboratively and efficiently.

“Gambling is an illegal act based on regulations. So, we need to impose measures effectively to settle it,” Budi stated, adding that his ministry will focus on handling online gambling websites and contents, while the law enforcement officers will enforce the law.

“Our authority is only to take down the websites, while the Financial Services Authority (OJK) blocks their financial accounts, and then followed by law enforcement officers, police officers, and the public prosecution service officers,” he remarked.

Similarly, OJK’s Chairperson of Commissioner Board Mahendra Siregar also highlighted the importance of holistic measures in eradicating online gambling in Indonesia.

“Some online gambling activities are not conducted in Indonesia, some are cross-borders, some do not use bank accounts, some needs to be tracked and traced through bank accounts, including transfers and so on. So, the next layers must also be addressed, and that way it leaves no empty rooms,” Mahendra explained.

Mahendra said that according to the institution’s authority, from the end of 2023 to March 2024, OJK has blocked around 5000 bank accounts that indicate its relation to online gambling.

“So far, we have cooperated closely with Communications and Information Technology Ministry. So, if we receive a list of bank accounts suspected to be used or are being used in online gambling activities, we immediately block them, and it has reached up to 5000 bank accounts,” Mahendra mentioned.

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