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Compliance Updates

Wazdan gains Dutch certification for its top titles

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Wazdan gains Dutch certification for its top titles
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Wazdan, the leading casino games supplier, is set to enter its 18th regulated market after receiving certification for 23 of its best-performing titles in the Dutch market.

Included in the newly certified titles are Wazdan’s staples 9 Lions, Sizzling 777 Deluxe, and Larry the Leprechaun, alongside the incredibly popular Hold the Jackpot series, featuring titles such as Fortune Reels, Power of Gods™: Hades, Sun of Fortune, and Sizzling Moon™.

In addition to this, all Unique and Special Wazdan features will be available in the Netherlands, including the popular customisable Volatility Levels™ and Buy Feature.

The Dutch market is one that has grown markedly since its current framework came into effect on October 1st, 2021.

The certification marks yet another regulated market debut for Wazdan, which has entered West Virginia, Belarus, and Greece in recent months.

Andrzej Hyla, Chief Commercial Officer at Wazdan, said: “We pride ourselves on our commitment to regulated markets and are very pleased to have received certification for 23 of our titles in the Netherlands.

“This marks the 18th jurisdiction that we can enter and serves as a testament to the hard work of all the team. We look forward to seeing the impact that our games can have on operators in the region.”

Compliance Updates

Oddsgate advances in compliance with GLI-33 certification

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Oddsgate advances in compliance with GLI-33 certification
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iGaming software company Oddsgate continues strengthening its commitment to regulatory standards by obtaining its third certification from Gaming Laboratories International (GLI), the GLI-33.

With a 2024 agenda prioritizing integrity matters and expanding to new markets, the company has met its goals by obtaining licenses in cruciais countries such as Romania and certifications like GLI-13 and GLI-19.

Established as a benchmark in the market, GLI is a respected entity in the gaming and lottery sector, building its reputation since 1989. With a global network of laboratories across six continents, the company holds both American and international accreditations, ensuring compliance with ISO/IEC standards and technical expertise in the gaming, betting, and lottery industries.

The Brazilian government approves GLI to certify companies and conducts rigorous and thorough testing. In this context, Tiago Almeida, co-founder of Oddsgate, highlights that this process elevates the industry’s standards, especially in a market with recent regulations. By strictly following all the high criteria established, Oddsgate celebrates this advancement, which will bring more quality and security to its activities.

The certification is also strategic for the federal standards already offered to many Brazilian operators and their “.bet.br” domains in pursuit of their local federal Brazilian licence.

The GLI-33 certification covers aspects such as:

• Security Requirements: Protection of sensitive data and system integrity.
• System Integrity: Accuracy and fairness in betting operations.
• Risk Management: Detection and mitigation of fraud and errors.
• Reporting and Audits: Transaction logging and auditing.
• Regulatory Compliance: Adherence to local laws and regulations.

In addition to many other criteria that ensure trust and transparency on betting platforms.

“Oddsgate is meticulously crafting its strategic initiatives, unwaveringly and continuously striving to elevate our software and services to the highest compliance standards. We aim to cultivate an ecosystem of responsible, secure, and transparent betting for our clients, operators, and the ultimate end player. This partnership with GLI fortifies our position and commitment to these ideals, and this significant accomplishment profoundly gratifies us.” added Tiago Almeida.

Almeida further reinforces that the company will continue this approach and reveals that “The Q4 of 2024 will also be a solid execution period for Odddsgate, as we will announce additional certifications and B2B licenses.” to make the platform increasingly complete and maintain its innovative products and solutions.

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Compliance Updates

beBettor partners with EveryMatrix for light touch financial vulnerability checks

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beBettor partners with EveryMatrix for light touch financial vulnerability checks
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Data analytics platform beBettor has partnered with EveryMatrix to provide its UK licenced operator partners with frictionless financial vulnerability checks.

In response to Summer 2023 consultations and new UK Gambling Commission regulation coming into force at the end of August this year, beBettor checks will identify financial vulnerability such as where a customer is subject to bankruptcy orders or has a history of unpaid debts.

Checks will initially be introduced at a higher threshold of £500 net deposits in a rolling 30-day period from 30th August 2024. This threshold will then fall to £150 net deposits in a rolling 30-day period from 28th February 2025.

beBettor technology will be integrated across several of EveryMatrix’s modular platform products to further strengthen its operator partners’ responsible gambling controls for all UK players.

Jake Cachia, Head of Compliance, EveryMatrix, said: “As a business, we pride ourselves in delivering the best service to our operator partners. This will provide our customers with additional robust responsible gambling controls while meeting new UK requirements without any friction so we’re delighted to be working together with beBettor.”

Sonny Cott, beBettor Chief Insights Officer, said: “Our aim is to help operators fully meet this new UKGC requirement in a seamless way that minimises business impact. As the 30th August deadline approaches, we are seeing more and more UK licensed operators opt for our frictionless and non-intrusive financial vulnerability solution. Today, it’s brilliant to announce partnering with EveryMatrix as an award winning sportsbook and iGaming supplier and I look forward to working closely with both EveryMatrix and their operator partners.”

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Compliance Updates

Charity Commission Closes Case Against GambleAware

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The Charity Commission has concluded its investigation into GambleAware without issuing any criticism or findings against the organisation.

Zoe Osmond, CEO of GambleAware, said: “The Charity Commission has written to GambleAware to confirm the case has been closed without criticism, or findings against, the organisation. The Regulator has stated unequivocally that they are ‘assured that the trustees have taken appropriate steps to both ensure its [GambleAware’s] independence from the gambling industry and to address reputational risks arising from its current funding model’.

“Importantly, the Commission has also stated it is ‘satisfied that the Charity’s reliance on industry funding does not impact on decision-making about its activities’. We were pleased to see the Commission acknowledge our robust policies and governance processes as well as the important role our Lived Experience Council plays in providing advice and direction to our activities, among others.

“Gambling harms have a devastating impact on individuals, families, and communities. GambleAware is wholly dedicated to advancing our charitable purposes for the public benefit, which is why we have long called for the introduction of a statutory levy on the gambling industry to provide long-term sustainable funding for the treatment, support and prevention of gambling harms.

“We urge anyone experiencing harm to reach out. Help and support are available through the National Gambling Support Network and the National Gambling Helpline, offering free, confidential assistance 24/7 to those in need.”

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