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Compliance Updates

EvenBet extends B2B MGA licence to cover casino games offering

George Miller

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EvenBet extends B2B MGA licence to cover casino games offering
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Innovative mini-games functionality now included within licence

Leading online gaming software developer EvenBet Gaming has been granted an extension to its existing supplier licence by the Malta Gaming Authority (MGA), which will allow the company to offer its gaming platform alongside the core poker offering.

The platform provider, which secured its MGA licence earlier this year, has now been approved by the Maltese regulator to offer Type 1 Gaming services. MGA-licensed operators will now have access to the company’s gaming platform, which complements its poker solution and is proven to boost player retention and increase life-time value.

EvenBet’s innovative mini-games feature is covered by this new licence extension, providing operators with the opportunity to offer players a variety of mini casino games without needing to leave the poker table.

The side games functionality includes hundreds of games from a wide range of third-party content developers, enabling players to enjoy an immersive casino experience straight from the poker room.

EvenBet also has a full gaming platform available as a standalone option for operators looking to enhance their online casino offering.

Dmitry Starostenkov, EvenBet Gaming CEO, said: “Our business has grown exponentially this year following increased demand for our services and launching the EvenBet poker platform with several new clients.

“Securing this new MGA licence extension is an important move that allows licensed operators to gain access to our full product portfolio, including our casino games platform.

“Our casino and mini games functionality was built with player retention in mind, providing the ultimate tool that keeps poker players engaged in one place and gives them access to quality and complementary content.”

EvenBet has launched more than 100 poker rooms over the past 10 years, offering 33 different game types to approximately five million active players. The company continues to place a responsive and reliable poker solution at the heart of its progressive omnichannel portfolio.

Asia

ASCI Publishes Guidelines on Advertising Real Money Games

Niji Narayan

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ASCI Publishes Guidelines on Advertising Real Money Games
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The Advertising Standards Council of India (ASCI) has published its first set of guidelines on advertising real-money gaming.

ASCI advised its members to exercise caution when promoting real money games, an advertising segment deemed to be high-risk by the watchdog.

ASIC guidelines state that members must ensure that real-money advertisers cannot promote games or services “depicting any person under the age of 18 years” – a requirement enforced across all mediums.

All real money gaming adverts must carry a “Please Play Responsibly” disclaimer, warning consumers of the associated financial risks and potential addictions – with warnings implemented across audio and video platforms.

Also, Indian broadcasters and media owners must ensure that participation in real money games is not depicted as an “income opportunity or employment option.”

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Compliance Updates

Invitation BOS webinar on bonus regulation

George Miller

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Invitation BOS webinar on bonus regulation
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Learn all about the Swedish bonus regulations! The do’s and don’ts of what gambling companies can offer their customers under the regulations. Welcome to a BOS webinar in cooperation with law firm Westerberg & Partners Advokatbyrå on the theme: Bonuses on the gambling market – what is the legal position in Sweden?

Thursday December 3, 11 am-12 pm CET

The Administrative Court in Sweden rendered verdicts in four cases earlier this year on the rules in the Gambling Act of what constitutes a bonus and the dividing line between lawful welcome bonuses and unlawful bonuses. At least three additional cases will be examined by the Court in the near future. Two of the cases have been appealed to the Administrative Court of Appeal. An additional case has been examined by the Patent and Market Court regarding the legal restrictions on the marketing of bonuses. The case partly confirms and partly contradicts what the same court stated in the first judgment on the issue last year.

We bring clarity to the courts’ reasoning and verdicts with support from Westerberg & Partners Advokatbyrå and its lawyers Stefan Widmark, Bodil Ehlers, Petter Larsson and Josefine Lindén. They will guide us towards an increased understanding of the regulations on bonuses, conditions for bonuses such as requirements on use, time limits, including the admissibility on, inter alia, the following offers:

  • VIP-schemes
  • Loyalty programs
  • Recurring deposit bonuses
  • Offers of recurring bonuses when depositing funds
  • Offers of recurring cashbacks
  • Weekly free games
  • Recurring free spins

In addition – as a bonus – we offer concluding reflections from the CEO of Åland based gambling company Paf Christer Fahlstedt. Paf operates in many jurisdictions. How well does the Swedish bonus regulation work compared to other jurisdictions? Has Sweden found the perfect balance between costumer protection and profitability?

The webinar will be held in English. RSVP no later than December 2 to [email protected]

The webinar is not exclusive for BOS members but open to all interested. A link to the webinar will be distributed on December 2.

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Compliance Updates

Italian Court Rules in Favour of Operators in License Extension Dispute

Niji Narayan

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Italian Court Rules in Favour of Operators in License Extension Dispute
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Recently, several operators have headed to the Italian court to launch appeals concerning extensions for their expiring licenses. Now, the Lazio TAR Administrative Court has returned its verdict in favour of operators.

This rules against the ADM Customs and Monopolies Agency, Italy’s gambling regulator and the ones who initially declined to grant extensions to the licenses.

Betway, Nexigames, Snaitech and Sportpesa filed separate appeals against the end of their licenses. These licenses were due to expire at the end of October.

The court ruled that the ADM should give a one-year extension to each operator which would become effective immediately. They also ruled that the government would not be able to deny license extension requests regardless of the potential upcoming reforms.

With a new Budget Law being signed at the end of December, the TAR also advised that the government should include some clear conditions for online gambling concessions.

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