Connect with us
SIS

Compliance Updates

IBIA publishes data standards & opens application process

George Miller

Published

on

IBIA publishes data standards & opens application process
Reading Time: 2 minutes

 

The International Betting Integrity Association (IBIA) has published a set of standards governing the procedure for the collation of sporting event data for betting and opened a process for all parties engaged in data collation to demonstrate that they meet those standards. The auditing procedure will be conducted by industry specialist eCOGRA and those parties that pass that independent audit will have access to a Data Standards Kitemark.

The move follows an announcement by the association in May in which it stated that a set of standards would be the most effective means of protecting the integrity of sport, its data, betting markets generated by that data and consumers enjoying those products. IBIA, which represents many of the leading regulated sports betting operators in the world, has been concerned about the adverse impact of the manipulation of data and the related corruption of betting markets.

Khalid Ali, CEO of IBIA, said: “When we started this process I stated that upholding the reliability and credibility of sporting event data was of paramount importance for IBIA members and that the challenges posed by the pandemic had further highlighted the necessity for robust data chains. IBIA has sought to meet that integrity challenge and has put in place a set of data standards that reflects the minimum expectations of the association and its members.

“The association believes that data collation is an important part of the wider sports betting integrity debate and this standards and auditing process, to be conducted by leading independent and internationally approved testing agency eCOGRA, represents the next step in the association’s work in this area. We call upon all of those parties engaged in the data collation process to demonstrate that they meet these standards and of their commitment to protecting the integrity of the global data supply chain.”

Shaun McCallaghan, CEO of eCOGRA said: “We are delighted to have been chosen as IBIA’s data standards auditing partner. Our professional auditing experts have worked with companies operating in both the betting and data sectors, and eCOGRA will seek to utilise that industry knowledge to best effect in the data standards assessment process. We will also be assisting IBIA in an annual stress test and enhancement of those standards.”

The International Betting Integrity Association is the leading global voice on integrity for the licensed betting industry. It is run by operators for operators, protecting its members from corruption through collective action. Its monitoring and alert platform is a highly effective anti-corruption tool that detects and reports suspicious activity on its members’ betting markets. The association has longstanding information sharing partnerships with leading sports and gambling regulators to utilise its data and prosecute corruption. It represents the sector at high-level policy discussion forums such as the IOC, UN, Council of Europe and European Commission.

The Data Standards document is available here .

Asia

ASCI Publishes Guidelines on Advertising Real Money Games

Niji Narayan

Published

on

ASCI Publishes Guidelines on Advertising Real Money Games
Reading Time: < 1 minute

 

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.”

Continue Reading

Compliance Updates

Invitation BOS webinar on bonus regulation

George Miller

Published

on

Invitation BOS webinar on bonus regulation
Reading Time: 2 minutes

 

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.

Continue Reading

Compliance Updates

Italian Court Rules in Favour of Operators in License Extension Dispute

Niji Narayan

Published

on

Italian Court Rules in Favour of Operators in License Extension Dispute
Reading Time: < 1 minute

 

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.

Continue Reading
Advertisement
NSoft
Advertisement
EvoPlay Entertainment

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.