UKGC Publishes First National Strategic Assessment – European Gaming Industry News
Connect with us
SIS

Compliance Updates

UKGC Publishes First National Strategic Assessment

Niji Narayan

Published

on

UKGC Publishes First National Strategic Assessment
Reading Time: 2 minutes

 

The UK Gambling Commission (UKGC) has published its first-ever National Strategic Assessment.

The document uses the latest available evidence, from various sources and case studies, to assess the issues and risks gambling presents to consumers and the public. It sets out UKGC’s priority actions to address those risks and issues, as well as highlighting a number of areas where significant progress is already made to make gambling safer.

Neil McArthur, Chief Executive of UKGC, said: “We will use our National Strategic Assessment as the foundation for prioritising our work over the coming months and years.

“We look forward to working with the government on the forthcoming review of the Gambling Act and alongside that work we will be working hard to address the issues that we have identified in our Strategic Assessment.

“We have demonstrated that we are willing and able to respond quickly to emerging issues and risks and that we will use the full range of our powers to protect consumers. We and have made considerable progress in many areas to make gambling safer – but we want to go further and faster.”

UKGC has also published its annual Compliance and Enforcement Report – a document featuring the findings of the regulator’s extensive casework against licence holders and detailing where the industry needs to raise standards.

Mr McArthur said: “Holding an operating licence or a personal licence is a privilege, not a right, and we expect our licensees to protect consumers from harm and treat them fairly.

“Our latest report shows that where licensees fail to meet the standards we expect, we will take tough action, including the suspension and revocation of licences. It also charts how we are shifting our focus towards personal management licence holders – those in boardrooms and senior positions need to live up to their responsibilities and we will continue to hold people to account for failings they knew, or ought to have known, about.

“Everyone has a part to play to make gambling safer and learning the lessons from the failings identified in this report is one way of doing that.”

Compliance Updates

Soft2Bet nets PCI DSS data accreditation

George Miller

Published

on

Soft2Bet nets PCI DSS data accreditation
Reading Time: < 1 minute

 

Casino and sportsbook platform provider Soft2Bet has been certified by The Payment Card Industry Data Security Standard (PCI DSS).

The company was accredited with the certification after passing a rigorous audit, recognising its capability to securely protect the transfer of credit and debit card data between customers and payment service providers.

The news showcases Soft2Bet’s strong compliance credentials, which are also demonstrated by the SGA, MGA and Curacao licences held by the market-leading casino and sportsbook platform provider.

The company’s latest certification indicates its unwavering commitment to protecting the data of players using the 30+ operator brands in its portfolio, which is set to be enhanced with a new flagship sportsbook in early 2021 and currently includes the SBC-award winning Wazamba.

Ivan Piorischin, Product owner at Soft2Bet, said: “We take data protection very seriously here at Soft2Bet, and it’s fantastic to have that commitment recognised with a coveted accreditation from the The Payment Card Industry Data Security Standard.

“As we look forward to entering new territories and launching further cutting-edge products in the year to come, regulatory compliance will continue to top our priority list.”

Continue Reading

Baltics

Latvia Parliament Approves Bill to Ban Alimony Debtors from Gambling

Niji Narayan

Published

on

Latvia Parliament Approves Bill to Ban Alimony Debtors from Gambling
Reading Time: < 1 minute

 

The Latvian Parliament (Saeima) has approved at the first reading a bill to ban alimony debtors from gambling, and scheduled a second reading for January 20.

The bill would require operators to ensure that those who owe maintenance payments are not permitted to gamble either in person or online. In order to do so, they must check accounts against the national register of maintenance debtors, with the help of the Lotteries and Gambling Inspectorate, which will create an official data display for licensees.

“The restriction is intended to prevent debtors who do not provide maintenance they owe for a child from using funds unreasonably for entertainment and hobbies,” the Saeima said.

The bill was submitted by the government and has already received approval from the Commission for Human Rights and Public Affairs with no objections. If it passes in the second and third reading and is signed into law, the restriction will come into effect on April 1.

Continue Reading

Compliance Updates

Highlight Games Announces Romanian License

George Miller

Published

on

Highlight Games Announces Romanian License
Reading Time: < 1 minute

 

London-based video virtual sports specialist Highlight Games Limited today announces that it is now licensed to distribute its products in Romania.

Following receipt of its Class II license from the Romanian Gambling Authority, Highlight Games’ exclusive suite of products – including SOCCERBET in English, Italian and Turkish variants and NBA Last 60 – are now available to licensed Romanian operators and will be live with customers in Q1.

‘I’m delighted to confirm that our products are now available to our partners in Romania,’ said Steven Holmes, Co-CEO, Highlight Games.  ‘Europe is a hugely important market for our business, and it’s fantastic to now include Romania in the list of countries in which our games are now available.  Highlight Games’ total online turnover in Italy has increased by 455% since the start of the first national lockdown in 2020, demonstrating the continuing growth in popularity of our video virtuals across all channels.  We look forward to recreating the successes we have seen in Italy within the Romanian virtual sports market,’ he added.

 

About Highlight Games Limited:

Highlight Games is a London-based video virtual sports and games supplier which specialises in the creation of innovative, sports-focused betting experiences. Using a unique patent-protected live video game format, Highlight’s products feature top teams and players from the world’s favourite sports.  The company’s flagship SOCCERBET game is the #1 selling product in Europe’s largest virtual sports market and its branded portfolio of products, which include NBA Last 90 and NBA Last 60, will launch in gaming and lottery markets in the US and around the world in 2020. Featuring highly optimized game design based on decades of archived live action sports footage, Highlight’s products can be tailored to suit the sportsbook or virtual sports offering of operators across retail, online and mobile.

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.