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Compliance Updates

VBET NAMED FIRST OFFICIAL POKER OPERATOR IN UKRAINE

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VBET NAMED FIRST OFFICIAL POKER OPERATOR IN UKRAINE
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VBET has reached an agreement to become the first licensed online poker operator in Ukraine. VBET’s move into the Ukrainian market was approved on May 31, 2021, after the company received approval for Online Poker and Online Casino licenses from the Ukrainian Gambling and Lottery Commission (KRAIL).

The global betting and gaming operation, powered by BetConstruct, has also obtained an online casino license in the Eastern European country.

Gambling in Ukraine has been legal since 2020 after its parliament adopted an organizational and conduct law to align with the European gambling industry.

VBET’s entrance into the regulated Ukrainian market is an important strategic step on the way to expanding its global presence across the globe and delivering responsible gaming to Ukrainians.

In Ukraine, VBET will operate under the VBET.ua domain name.

Seda Mkhitaryan, VBET Head of Licensing and Certification, said:
“It is a great honour and privilege to receive the approval of the Ukrainian Gambling and Lottery Commission (KRAIL) for online casino and online poker. This is an important event for us, especially in these challenging times. It’s been a long, hard journey, but, for our team, even the sky’s not the limit.”

Vigen Badalyan, Group CEO & Founder, said:
“Our Team sees great potential in the Ukrainian market and is excited to provide fully legal and high-quality entertainment solutions to its clients. VBET is always keen to support responsible gambling, grow local sports, follow the highest business ethics standards, and fill the market with drive, creativity, and passion. ”

Compliance Updates

IGT Reaffirms Responsible Gaming Leadership with World Lottery Association Certification

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IGT Reaffirms Responsible Gaming Leadership with World Lottery Association Certification
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Company’s lottery operations recertified for WLA’s Corporate Social Responsibility Standards and Responsible Gaming Framework for Suppliers

International Game Technology PLC announced that its lottery operations, including iLottery, have been recertified by the World Lottery Association (“WLA”) for WLA’s Corporate Social Responsibility Standards and Responsible Gaming Framework for Suppliers. WLA created the responsible gaming standards to minimize the impact of problem gambling by promoting a worldwide accreditation program for gaming industry operators and suppliers.

“Responsible gaming is engrained into the fabric of what we do at IGT, from our products to our people and programs, it remains at the forefront of all decisions,” said Wendy Montgomery, IGT SVP, Marketing, Communications and Sustainability.“This recertification from WLA reinforces our leadership and commitment as a responsible vendor, as well as demonstrates the effectiveness of our responsible gaming technologies that we provide to our lottery customers worldwide.”

“IGT is one of the most influential responsible gaming leaders in the gaming industry,” said Mélissa Azam, WLA Senior Corporate Social Responsibility Manager. “Its decades-long responsible gaming commitment spans the Company’s products and solutions and is a key component of its corporate culture. The WLA fully supports this recertification for IGT’s lottery operations and congratulates IGT on its continuing dedication to responsible gaming and corporate social responsibility.”

A WLA-approved assessor, EY, conducted the assessment of IGT’s lottery operations to determine its WLA recertification. EY provided an independent auditor’s report on IGT’s alignment with the eight sections of the WLA standards, including research, employee programs, product and service development, remote gaming environment, advertising and marketing communications, client awareness, stakeholder engagement and reporting.

IGT continues to reinforce its commitment to responsible gaming by adhering to eight globally adopted Responsible Gaming Guidelines; working collaboratively with its Responsible Gaming Advisory Group; launching tailored employee e-learning courses on responsible gaming and problem gambling; publicly releasing its corporate wide responsible gaming policy; and continually updating and following its global advertising and marketing communications Code of Principles.

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Compliance Updates

Disrupt Entertainment Banned in Sweden

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Swedish gaming regulator Spelinspektionen has banned Curacao-licensed gaming company Disrupt Entertainment Limited from providing online gambling services in Sweden with immediate effect.

According to the regulator, the company is offering games to the Swedish market without the necessary license. After an in-depth investigation, when checking the website under the brand Casinosinners revealed that the website conducts gaming activities information in Swedish and has the conditions for participation in the game in Swedish.

Disrupt Entertainment Limited N.V. is not licensed to provide games in Sweden. The Swedish Gaming Inspection considers with regard to consumer protection and to ensure the security of the game that it is important that the decision is carried out immediately.

Casinoinners is owned by Disrupt Entertainment Limited N.V. and is licensed by Curacao. Spelinspektionen reported that Disrupt had the opportunity to comment on its opinion, but the Swedish gaming regulator did not receive any response.

Swedish gaming regulator decision lies on chapter 18 section 23 of the Act, which states that a supervisory authority can issue injunctions and bans to ensure compliance.

The decision was taken by the unit manager, Robert Larsson, after a presentation by the investigators. Last month Spelinspektionen has announced in a statement on its website that the government has requested a review of the Swedish gambling market.

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Compliance Updates

A suite of the mobile-first developer’s top performing slots have been certified for the newly regulated Dutch market

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Betixon, the mobile first developer at the cutting-edge of online casino content and gameplay, has had a selection of its top-performing games certified for launch in the newly regulated Netherlands online gambling market.

The certification means that operators can add more quality and diversity to their game lobbies with titles such as Boots of Luck, Wild Wolf, Book of Sheba, Vampire Call, Age of Halvar and Reign of Zeus, with each slot designed and developed to deliver a highly engaging experience on mobile.

Securing certification in the Netherlands forms part of the developer’s wider plans to make its content available to operators in key regulated markets across Europe and beyond. Its titles are already live in the UK, Lithuania, Estonia, Italy, Colombia and Romania.

The developer has quickly established itself as a leading provider of mobile-first casino content with each slot combining striking design with authentic sound and thrilling gameplay delivered via a range of exciting bonuses and features.

Its latest game mechanic, PowerUpSpins™ where a number of power ups are being triggered during gameplay to provide extra excitement for players. The PowerUpSpins™ line will see its first 3 games in the series during December 2021 and Q1 2022 naming Expedition, Lucid Fruits and Magic Lamp.

Betixon also pushes boundaries in terms of the features it offers across its suite of games. This includes spinXP, a social feature that takes engagement to the next level by allowing players to share wins in real time and interact with others.

The developer has already lined up a number of strategic partners in the Netherlands and will be rolling out its games across their lobbies shortly. It is also in discussions with other operators in the market with plans to offer exclusive and branded content in due course.

Lior Cohen, Chief Executive Officer at Betixon, said: “The Netherlands is one of the most important markets in Europe and we believe that it will grow at a rapid rate in the coming months and years now that a proper regulatory framework is in place.

“Our slots have been designed to deliver an exceptional player experience on mobile and each game is packed with eye-catching graphics and animations that we combine with smart math and mechanics to ensure players are entertained with every spin.

“We will be going live with our first operators shortly and looking forward to partnering with more as we establish Betixon as a leading content provider in the Dutch market.”

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