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Compliance Updates

LOTP secures Isle of Man licence

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Ali Hawa joins the Amber Gaming board as Director
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Online sportsbook operator aimed at esports and sports fans now in final preparation for launch

Lord of the Pot (LOTP) has been awarded a B2C licence by the Isle of Man Gambling Supervision Commission and will now enter the final stages of preparation before launching its online sportsbook aimed at esports and sports fans.

Amber Gaming assisted LOTP through the licensing process, ensuring that it was able to meet and exceed the standards set by the Isle of Man regulator.

Prior to launch, LOTP will integrate live fantasy and pari-mutuel games from software provider, Tokigames. Back-office functionality will be provided by Pragmatic Solutions while the operator’s affiliate programme will be run and managed by Affiliate Insider.

LOTP will primarily target players in Asian markets and allow them to place wagers on the outcomes of real-life battles on popular games such as Counter Strike: Global Offensive, Dota 2, League of Legends as well as traditional sports.

The operator took the decision to set up operations on the Isle of Man due to the island’s reputation as a tier one jurisdiction with an innovative and forward-thinking regulator that understands the global igaming industry and especially the Asian market.

A spokesperson at LOTP, said: “The Isle of Man sets that standard when it comes to licensing online gambling organisations and with its understanding of the Asian market, it was the perfect fit for our business.

“Of course, we wanted to ensure we were working to its standards from the get-go and Amber Gaming has proved vital in helping us navigate the licensing process while also making sure that we not only meet but exceed these requirements.

“With our Isle of Man licence, we can now prepare to launch LOTP in the Asian markets we have identified as offering the greatest potential and with a product that we know is meeting the highest levels of safe gaming and responsible gambling.”

Karen Yates, Director and Head of Corporate Governance at Amber Gaming said, “We are delighted to have assisted LOTP in securing its B2C licence from the Isle of Man Gambling Supervision Commission, which sets the highest possible standards for operators to meet.

“Just like the regulator, the Amber Gaming team is highly experienced  in the Asian market and we know what operators need to do in order to meet and exceed the requirements set by the Commission, which in this instance has ensured that LOTP has secured its licence in a timely manner.

“LOTP has a strong foundation on which to build a successful business in Asia and we are honoured to have played a part in its journey to date.”

Compliance Updates

UKGC Fines Betway £400,000 for Marketing on Children’s Webpages

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Online gaming operator Betway has been fined £408,915 by the UK Gambling Commission for marketing on the children’s pages of West Ham United Football Club’s website.

Commission enquiries revealed that between 14 April 2020 and 6 November 2021 the operator’s gambling logo, which linked to its website, was displayed on a webpage offering the opportunity to print a teddy bear for children to colour in.

Enquiries also revealed a logo with a link to the operator’s webpage featured on the “Young Hammers at Home” webpage between 24 October 2021 and 15 November 2021.

Both advertisements breached Commission rules stating gambling advertising must be socially responsible.

Leanne Oxley, Gambling Commission Director of Enforcement, said: “Protecting children from gambling harm is at the heart of what we do.

“Although there is no suggestion that the operator was deliberately targeting children, or that children had been allowed to gamble, we take the breach of any rules aimed at protecting children extremely seriously.

“We note the remedial actions since taken by licensee but advise all operators to learn from this case and ensure that they take responsibility and have the correct processes in place so that websites directed at children do not include advertisements for gambling.”

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Compliance Updates

STATEMENT FROM LIVESPINS

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Twitch’s statement banning remote licensed gambling sites from being streamed has made waves across the industry today. At HappyHour, we’ve long anticipated such news and what is certain is that gambling on mainstream media platforms will be volatile. We believe that the industry itself needs to take control of the space and provide a healthy, sustainable and highly engaging offer.

We foresee community and social experiences will be the future of online casino, which is why we invested heavily into Livespins.

Livespins gives the operators themselves the power to host a fully certified turnkey streaming platform on their website with the rigor and player protection lacking on mainstream media. Livespins offers players the ability to view and play the games they love, with reliable idols, through the account and balance they have created – where age checks, responsible gambling tools, and general safe play policies and processes are already in place.

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Compliance Updates

Swedish Gambling Regulator Orders Unlicensed Casineia to Exit Market

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Casineia operator Ease Gaming NV has been banned from offering games of chance in Sweden following a decision by Swedish gambling regulator Spelinspektionen.

Casineia is an online casino operated by Ease Gaming, which is based in Curaçao. The operator does not have a Swedish licence and so, according to Sweden’s 2019 Gambling Act, is ineligible to operate in the Nordic country. Despite this, an investigation by Spelinspektionen found that the site was available to and aimed at Swedish consumers.

Ease Gaming will also be prohibited from offering gambling activities in the country on its other websites: Slothive, Gamblii and Jinxcasino.

Spelinspektionen said: “The Gambling Act applies to games provided in Sweden, with specifically stated exceptions. It is a prohibitive legislation that is based on the principle that everyone who acts on the Swedish gaming market must have a licence. It is therefore not permitted to provide games without a licence when one is required.

“The purpose of the new regulation is for gambling to be channeled to offers from responsible, reliable and controllable players. The regulation is based on the fact that everyone who acts on the Swedish gambling market must have a Swedish gambling licence and that other actors without a licence must be shut out.

“Spelinspektionen considers that, with regard to consumer protection and to guarantee gaming safety, it is important that the decision is complied with immediately.”

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