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Compliance Updates

WorldMatch Launches 34 Certified Products for Belarusian Market

Niji Narayan

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WorldMatch Launches 34 Certified Products for Belarusian Market
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WorldMatch has announced an important milestone for its international growth: the launch of 34 certified products for the Belarusian regulated market.

Belarusian players will be able to enjoy a rich portfolio of engaging and exciting slots. WorldMatch has selected 34 slots for Belorussia among its classic contents and new games. The portfolio varies from classic slots like fruit and Egyptian to brand new themes like nature, adventure and much more.

Andrea Boratto, CEO of WorldMatch, comments on the launch of its slots in Belarus confirming the intention of WorldMatch to continue developing its business on all markets under regulation; therefore, obtaining the necessary certifications immediately to operate in countries that promote legal gaming is perfectly aligned with the strategy of the company. He added that in addition to the European market, WorldMatch relies heavily on LATAM countries and Eastern Europe for the increase of regulated gambling.

Baltics

Lithuanian Regulator Issues Fine for Illegal Ads on Basketball Website

Niji Narayan

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Lithuanian Regulator Issues Fine for Illegal Ads on Basketball Website
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Lithuania’s Gambling Supervisory Authority has fined an employee of a digital media business for placing illegal gambling ads on basketball news and information website Krepšinis.net, after a court confirmed its authority to take action.

The site was found to be hosting gambling ads with slogans and animated backgrounds, and featuring promotional bonuses, all of which are prohibited under Lithuanian regulations. These ads also lacked the mandatory warnings required in gambling ads.

The regulator said that Krepšinis.net had been a “refuge for illegal gambling advertising for several years.” This, it explained, was due to the site being registered outside of Lithuania, making it difficult to enforce advertising regulations.

However, the Vilnius City District Court ruled that advertising gambling in a way that contravenes Lithuanian law on the site is not permitted, as the site targets Lithuanian customers.

“With gambling advertised on Krepšinis.net, law-abiding Lithuanian portals found themselves in an unequal situation, and citizens were illegally encouraged to participate in gambling,” the regulator explained.

After conducting an investigation, the Gambling Supervisory Authority determined that the ads were placed by a business named UAB All Media Digital, which provides advertising services for websites. As a result, the employee responsible for placing the ads was fined €1500.

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Asia

Kerala High Court Refuses to Stay Ban on Online Rummy

Niji Narayan

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Kerala High Court Refuses to Stay Ban on Online Rummy
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The High Court of Kerala has rejected a petition from online gaming companies to stay the ordinance that makes playing online rummy for stakes a punishable offence.

The state of Kerala is sticking to the online rummy ban introduced in February despite complaints from gaming companies who note that land-based play of rummy is not banned.

Online gaming companies also noted that rummy is a game of skill and the amendment of section 14A of the Kerala Gaming Act of 1960 only covered games of chance, not skill games.

According to local media, although the Kerala High Court stated that it does not agree with the complaint, it asked the Kerala Government to present a statement by May 29.

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Compliance Updates

Scout Gaming Appoints Irakli Budia as its New COO

Niji Narayan

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Scout Gaming Appoints Irakli Budia as its New COO
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Scout Gaming has announced the appointment of Irakli Budia as its new COO.

Irakli holds a bachelor’s degree in Business Administration and Management from the Aschaffenburg University of Applied Science and has previously successfully been running operations on Fanteam. Irakli has been contracted by Scout for almost 2 years. Irakli Budia will replace Terje Bolstad.

“It feels amazing to be able to focus even more on the full group growth and to optimize the organization. My experience from running Fanteam will benefit the company when we now ramp up the pace further. It is amazing to be able to work with such a modern and internationally distributed organization,” Irakli Budia said.

The company has also announced the appointment of Bard M. Fladvad as its chief legal and compliance officer.

Bard M. Fladvad holds a Master’s degree in Law from the University of Bergen and will be leading the Legal and Compliance Department, and have the overall responsibility for the company’s regulatory affairs. The position is new within the Scout Gaming Group.

“I’m very impressed by what the team has built so far, and it feels rewarding to support the organization with my competence in order to build and secure structures for different legal matters,” Bard M. Fladvad said.

“I’m very happy to announce these additional recruits and would also like to thank Terje for an impressing work. Both Irakli and Bard will be key players when we are entering to our most intensive phase so far in pursuing the European DFS market,” Andreas Ternström, CEO of Scout Gaming, said.

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