Connect with us
BGaming
Playson

Compliance Updates

Calling all iGaming professionals to join the anonymous opinion pool

Published

on

Reading Time: 2 minutes

In recent years, the iGaming industry attracted more attention than before. The sector is evolving, growing and broadens its service offering and customer base. While more people of different socio-economic groups are starting to participate in gaming, governments saw the need to upgrade the legislative regulations regarding iGaming companies. Such processes, of course, should take market preferences and specifics into considerations, improving the customer experience for players and supporting the development of the businesses. Does it, however?

MaxBill wants to get to the bottom of this, gathering genuine opinions from iGaming professionals with varied backgrounds. Regulations differ greatly from country to country and affect all the companies in a unique way, and we are excited to learn about all experiences.

You can take the survey directly here

We aim to collect as many different opinions from industry professionals as possible to present a realistic picture of how regulations affect iGaming businesses all over the world.
This survey is completely anonymous–we are interested in your genuine opinion.

 

MaxBill is a trusted solution provider for major iGaming companies. It is our goal to transform and drive the industry to more successes, and the only way to achieve it is to bring the community closer together. Let’s have a discussion, share knowledge, experiences and struggles with one another, reach understanding and support each other’s progress.

To have a productive conversation where each participant feels listened to, MaxBill conducts a fully anonymous survey. It touches upon the effects of newly introduced regulations on the iGaming market. We will be running it for 3 weeks, and then compile a comprehensive report based on the result, showcasing the common trends, highlighting the issues and suggesting possible ways to overcome them.

Advertisement Kasynos.Online
Click to comment

Compliance Updates

Northern Ireland Gambling Amendment Bill Reaches Assembly

Published

on

Reading Time: < 1 minute

 

New regulations for the gaming industry in Northern Ireland have been introduced this week in the country’s Assembly, significantly amending the current laws.

The Betting, Gaming, Lotteries and Amusements (Amendment) Bill creates new offences in permitting children to play gaming machines and provides powers to impose a statutory levy on gambling operators.

It establishes a mandatory code of practice for licence holders, broadens the definition of cheating to include attempted cheating, makes gambling contracts enforceable in law and permits bookmakers and bingo clubs to open on Sundays and on Good Friday.

The minimum age for minors to play a gambling machine is now 18 and it will become an offence to invite a person below that age to play. Previously, it was not an offence to permit an under-age person to gamble.

The statutory levy on gambling operators will be employed in a manner similar to the practice in England, where the money raised is used for community projects and treatment of problem gamblers.

An overhaul of online gambling legislation will form a second phase of the changes to Northern Ireland’s gambling scene and will follow after discussions.

Continue Reading

Compliance Updates

OKTO receives PCI DSS certification

Published

on

OKTO receives PCI DSS certification
Reading Time: < 1 minute

 

Confirming once again OKTO’s commitment to deliver high-quality, reliable, secure, and compliant service offerings to its customers, OKTO obtained the Payment Card Industry Data Security Standard certification

OKTO has received the Payment Card Industry Data Security Standard (PCI DSS) certification proving once more its continuous investment in leading and reliable technologies, adhering to high industry technological standards to offer enhanced security on consumer financial data and increased trust in the payment ecosystem. The fintech firm’s OKTO.WALLET solution meets all the requirements set forth as a Level 1 Service Provider, ensuring the security and protection of payment cardholder data.

Compliance validation of the OKTO solution involved the evaluation and confirmation that the security controls and procedures have been properly implemented as per the policies recommended by PCI DSS. According to the requirements formed by the international payment systems, Visa, Mastercard, American Express and other members, all entities that store, process, and ensure the transfer of data to their cardholders must comply with the unified PCI Data Security Standard.

John Zacharakis, CTO at OKTO, comments: “PCI DSS certification is a key step of our high-quality offering to our customers and commitment to the industry’s highest standards in the most regulated markets. OKTO meets the objectives of the PCI DSS and assures that its clients obtain a fully PCI DSS compliant services, adhering to high security technical standards which ensure the security of the network infrastructure, and apply required controls around cardholder data to minimize credit card fraud.”

Continue Reading

Compliance Updates

1400 Arrests, $8M Seized in Illegal Gambling at Euro: Interpol

Published

on

wagered.com
Reading Time: < 1 minute

 

An Interpol operation targeting illegal gambling during Euro 2020 led to 1400 arrests and the seizure of $7.9 million (6.7 million euros) in cash, the Lyon-based global crime agency reported.

Thousands of raids in Asia and Europe also resulted in the confiscation of computers and mobile phones connected to almost $465 million in bets.

“While most of us were watching the UEFA European Football Championship as simple fans, hundreds of specialized officers across 28 countries were targeting organized crime groups looking to earn millions from illegal gambling and related money laundering activities,” an Interpol statement read.

Hong Kong police detained more than 800 suspects, “including the alleged kingpin of a triad-controlled bookmaking syndicate,” the statement said.

In what was described as one of Hong Kong’s most successful operations ever they seized $2.7 million in cash and records detailing hundreds of millions in bets.

In Italy, home of the European champions at the pandemic-delayed tournament, Operation SOGA VIII inspected 280 betting shops and delivered 1.3 million euros in sanctions for illegal betting schemes.

In all, Interpol’s eight SOGA operations have led to more than 19,000 arrests, cash seizures of more than $63 million and the closure of over 4000 illegal betting dens.

Continue Reading
Advertisement
NSoft
Advertisement
EvoPlay
Advertisement
Kasyno Online na HEX Polska

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.