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Compliance Updates

Relax Gaming and studio partners ready to take Dutch market by storm

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Relax Gaming and studio partners ready to take Dutch market by storm
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2021’s most award-winning provider ready to boost Netherland’s debut as regulated jurisdiction

Relax Gaming, the igaming aggregator and supplier of unique content, has announced its launch in the Netherlands as the provider looks to further establish its leading European position.

The news sees Relax brings its 24 studio partners, via its Powered By Relax and Silver Bullet programmes, as well as its market-leading platform suite, to the Dutch market following its full certification to the standards set by the country’s regulator, the Netherlands Gambling Authority (NGA).

Testament to Relax’s outstanding success this year, the agility of its technical set up and its commitment to being present in new markets has ensured that Relax’s impressive portfolio and a variety of suppliers from its aggregation programmes are already active in the market.

Having completed the regulatory and certification requirements so quickly, the provider’s expertise and focus on expanding in highly regulated markets showcases its constant commitment to strong safeguards around integrity and player protection, which it upholds to the highest standards.

Following successful audit processes with multiple operators now licensed by the Dutch Gaming Authority, Relax content was live in the Netherlands at the first opportunity. Each operator is set to be announced shortly.

Commenting on its entrance, Alexia Smilovic-Ronde, Chief Regulatory Officer at Relax Gaming, said: “We see this latest success as a key milestone for both Relax Gaming and our highly valued partners as the market regulates and starts to grow.

“We believe this will be a highly valuable and successful market entry for all associated parties as we provide our best-in-class product suite and unique concepts to players in the Netherlands. This is a continuation of the drive that underpins our hard-earned reputation for driving differentiation in the industry.”

Now regarded as one of the industry’s leading aggregators, Relax Gaming provides its partners with upwards of 2,000 online casino games.

This encompasses a wide range of titles, from its high performing proprietary slots to an expansive library of content from hand-picked third-party studios via its partnership programmes.

In tandem with its continued success, the leading supplier secured the award for Unique Gaming Company of the Year at the UK’s International Gaming Awards in September.

This was preceded by four EGR B2B Awards in July, including Innovation in Mobile and Casino Software Provider, as well as two CasinoBeats Developer Awards at the SBC Summit in Malta.

Compliance Updates

Portuguese Regulator Approves Crash Games

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Portugal’s regulator has approved a draft regulation that will allow crash games to be played in the country.

Portugal’s Gaming Regulation and Inspection Service (SRIJ) announced the approval on May 19. It took effect on May 20, with the country’s Legal Regime for Online Gaming and Betting amended to include crash games in the legislation.

Crash games are house-banked games that allow players to play against the operator. They are based on a multiplier, which increases from 1 throughout the game to a maximum of 100.

Players aim to withdraw their bet before the game ends, receiving their initial stake times the multiplier if they do so. If they fail to do so, they lose their stake.

The legislation states that the multiplier will go from 1x to 100x. Additionally, the return to player cannot be less than 80%.

Licensed operators in the country may now apply for permission to offer the games.

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Compliance Updates

BOS “Cautiously Positive” of Swedish Governmental Bill

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BOS, the Swedish trade association for online gambling, has expressed that it is “cautiously positive” of an array of proposals put forward by the country’s government in a bid to strengthen gambling regulation.

The bill suggests, among other things, the implementation of B2B licenses to take effect by 1 July 2023. It also suggests measures against marketing of unlicensed gambling and something the government entitles “adjusted moderation” regarding marketing of licensed gambling.

“It is entirely in line with what the government announced it would include and we are cautiously positive of this bill. The most striking thing is actually what is not included in the proposal, such as a ban on advertising for gambling on TV, radio and streaming media between 06-21. We are pleased that the government has listened to stakeholders in the gambling industry as well as several publishers who have pointed out the disadvantages of such a proposal,” Gustaf Hoffstedt, Secretary General of BOS, said.

“The remaining concern is the proposal for “adjusted moderation”. It seems to be a paraphrase of risk classification and the very ambiguity of what it actually means opens for legal uncertainty. Here, the legislator should consider whether it really wants to introduce further uncertainty regarding the interpretation of regulatory measures, uncertainty that risks leading to protracted court proceedings,” Gustaf Hoffstedt added.

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Australia

REGULATOR WARNS HIGHER FINES ON THE CARDS FOR ILLEGAL GAMBLING ADS

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REGULATOR WARNS HIGHER FINES ON THE CARDS FOR ILLEGAL GAMBLING ADS
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Online betting operators have been issued with more than $100,000 in fines over the past week as Liquor & Gaming NSW continues to take a zero-tolerance approach to the publication of illegal gambling inducements.

Most recently, online betting provider BetDeluxe has been fined $70,000 for publishing illegal gambling inducements after being prosecuted by Liquor & Gaming NSW.

This follows the successful prosecution of PointsBet, which was fined a total of $35,000 for publishing illegal gambling inducements last week, after receiving a $20,000 fine for the same offences in 2019.

Hospitality and Racing CEO, Anthony Keon said Liquor & Gaming NSW was continuing to pro-actively monitor online betting providers and it was completely unacceptable that seven bookmakers have been prosecuted on multiple occasions since 2018.

“Liquor & Gaming NSW will continue to actively pursue operators for illegal advertisements and advocate for the courts to issue higher penalties,” Mr Keon said.

“In 2018 the NSW Government introduced new laws to significantly increase penalties for wagering operators who are found guilty of promoting inducements to gamble, with maximum fines now set at $110,000 per offence for a corporation.

“Clearly some of these operators think gambling inducements are just the cost of doing business, but they are wrong, and they are pushing their luck. We will continue to bring these matters before the courts and seek higher penalties that reflect community expectations.”

In Downing Centre Local Court yesterday (18/5), BetDeluxe pleaded guilty to five offences that included 21 Facebook promotions for bonus bets on sports games and enhanced odds on horse racing.

In addition to the $70,000 in fines, BetDeluxe has also been ordered to pay $8,500 in legal costs. This is the first time the company has been prosecuted for this type of offence.

PointsBet pleaded guilty to two advertisements that included an Instagram promotion to get $50 back in bonus bets, similar to those it offered in 2019 on the Apple App Store, promising $100 cash back on certain bets.

“Prohibitions on gambling inducements are an important harm minimisation measure and the increase in maximum penalties, along with our continued prosecution action, should send a clear message to wagering operators about how seriously we view these matters,” Mr Keon said.

“Reoffenders run the risk of the higher range penalties, and more scrutiny, so let me be clear that patterns of poor compliance are not worth the trouble.

“We hope this is the first and last time we see BetDeluxe in court for gambling inducements.”

Since 2015, Liquor & Gaming NSW has successfully prosecuted 37 matters for prohibited gambling advertising, resulting in over $642,500 in fines, with nine betting providers currently before the courts.

 

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