Connect with us
BGaming
Playson

Compliance Updates

LEOVEGAS’ RESPONSIBLE GAMING FRAMEWORK ASSESSED AND REVIEWED BY ECOGRA

Published

on

LEOVEGAS’ RESPONSIBLE GAMING FRAMEWORK ASSESSED AND REVIEWED BY ECOGRA
Reading Time: 2 minutes

 

LeoVegas’ framework and routines on protection of consumers have been assessed and tested by the industry-leading certification agency eCOGRA to certify that the gaming company’s services are in conformity with the recommendations that the European Commission has published for online gaming. The assessment affirms that LeoVegas’ work is in conformity with all relevant recommendations.

LeoVegas’ framework and routines for ensuring protection of consumers have been assessed by a third party. The independent, industry-leading British agency eCOGRA specialises in testing, certifying, and assessing actors in the gaming sector. During the spring eCOGRA performed tests and conducted interviews to assess that LeoVegas’ gaming services are in conformity with the relevant European Commission’s recommendations (2014/478/EU) on principles for the protection of consumers and players of online gambling services and for the prevention of minors from gambling online. This external assessment shows that LeoVegas is in conformity with all relevant recommendations and that no other remarks have been registered.

“Offering a safe and secure gaming experience and preventing minors from online gambling has always been our top priority,” comments Gustaf Hagman, Group CEO LeoVegas. “It is therefore reassuring that LeoVegas’ work in this area has now been assessed and reviewed by an external, independent party that confirms that we are in conformity with the Commission’s recommendations. But our work doesn’t end here; we will continue the need to develop and raise the bar within the entire industry to ensure that gaming remains an exciting and safe form of entertainment.”

The external assessment of LeoVegas’ responsible gaming framework was conducted on the company’s initiative and is part of the work on evaluating and ensuring a safe gaming experience. The assessment was conducted on top of the local authorities’ regular oversight activities in the various jurisdictions. The assessment covered all of the company’s brands and all markets.

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.