European Union Updates Country List for Stricter AML Checks
The European Commission, the executive branch of the European Union (EU), has updated its list of high-risk countries, from which players should be subjected to stricter customer checks by gambling operators.
Based on Directive (EU) 2015/849, Article 9, the Commission identifies any high-risk third countries that have strategic deficiencies in their regime on anti-money laundering and countering the financing of terrorism.
As such, operators based in the EU that are offering services to these countries or dealing with players from these nations are obliged to carry out heightened vigilance checks.
The list was first published in July 2016 and has been updated a number of times as further countries of concern are identified and flagged by the Commission.
The latest countries to be added to this list – in an update published last month – include Burkina Faso, the Cayman Islands, Haiti, Jordan, Malo, Morocco, Myanmar, the Philippines, Senegal and South Sudan.
Other nations included on the list include Afghanistan, Barbados, Cambodia, the Democratic People’s Republic of Korea, Iran, Jamaica, Myanmar, Nicaragua, Pakistan, Panama, Syria, Trinidad and Tobago, Uganda, Vanuatu, Yemen and Zimbabwe.
The Slovak Gambling Authority’s systematic check activities help reduce the number of illegal gaming devices
In Q1 2023, the Slovak Gambling Authority conducted 2511 compliance checks, which is 201 more compared to last year.
The significant year-on-year increase in the number of checks is due to the restructuring of surveillance and the strategic set-up of the supervision by the Authority's top management.
"I am very pleased that the goals set up by the current management are also successfully fulfilled in the gambling supervision area. Of course, a big thank you to our local supervisors, who actively investigate illegal devices and supervise the fulfilment of all legal requirements by legal operators.
Having gambling under systematic supervision is one of the main missions of the Authority as a gambling regulator," said the Director General at the Office for the Regulation of Gambling (URHH), Dávid Lenčéš.
More than a 45 % increase against the same period last year was recorded in checks focused on the search of illegal gambling establishments. In the first quarter of 2023, supervisors conducted 437 compliance checks focusing on unlawful gambling as mining and quiz machines, intending to prevent further operation. As Director General said, “Increased systematic check activities of illegal establishments has its justification and brings results as, compared to 2022, the number of detected illegal gaming machines on the market is significantly reduced. Searching for illegal establishments and seizing illegal devices has a preventive nature and ultimately protects society, especially at-risk groups and the youth.”
According to the Gambling Act, small operators, such as pubs, can't operate gaming machines. The URHH must license each gaming machine since it is the only official body authorised to issue a license. Operating gambling without a given license is prohibited in Slovakia.
The Gambling Regulatory Authority also carries out surveillance remotely. In the Q1 of this year, we are talking about an almost 90 % increase in on-site checks compared with last year. Thanks to online access to the servers of gambling operators, this form of supervision allows more effective control of many establishments without physically leaving the workplace.
Establishing a specialised online gaming department in 2022 also contributed to the overall increase of supervision effectiveness over 2022-2023. The mission of the specialised department is to supervise licensed online gambling or searching for and restrict access to illegal websites operating or promoting gambling without valid licenses.
ODDS ON COMPLIANCE LAUNCHES PLAYBOOK EUROPE, A GLOBAL EXPANSION OF ITS COMPREHENSIVE REGULATORY TECH PLATFORM
Spinomenal is set for Switzerland after gaining its B2B permit
Spinomenal, the leading iGaming content provider, is set for launch within the Swiss iGaming market after gaining its B2B permit from regulator Eidgenössische Spielbankenkommission (ESBK).
An integral element in Spinomenal being able to enter the Swiss iGaming space was the fact the company already has its ISO 27001 certificate, an international standard for best practices for information security.
Swiss iGaming players will now be able to access Spinomenal’s stunning library of slots content that includes Demi Gods II, Book of Rebirth, Majestic King and Poseidon’s Rising. Further good news for Switzerland’s online casino community is that they will also be able to begin exploring Spinomenal’s epic Universe concept which binds narratives from a wide selection of its most popular titles.
Spinomenal’s CEO, Lior Shvartz, commented: “We’re very happy to be entering the Swiss market riding on the back of our top-class slots portfolio and supported by our ISO 27001 certificate. The regulated Swiss online casino space represents a great opportunity for us as we continue to deliver on our expansive roadmap.”
The MGA publishes its 2022 Annual Report and Financial Statements
Week 22/2023 slot games releases
IGT Propels Leadership in Sweden via Three-Year Contract Extension with Svenska Spel
Lorgar Cup: the Ultimate CS:GO Tournament for Aspiring Gamers
NeoGames’ Aspire Global and its Leading Product Suite Now Live with Metropolitan Gaming
CasinoBeats Summit achieves a momentous triumph by doubling its numbers
EUROPE’S TOP EA SPORTS FIFA 23 PROS FACE OFF IN $280K eCHAMPIONS LEAGUE FINALS ON JUNE 7 IN ISTANBUL
SOFT2BET PARTNERS WITH RAW ARENA TO OFFER INNOVATE THEIR GAMES CATALOGUE
Hipther returns with MARE BALTICUM Gaming & TECH Summit in Riga on 16-17th May 2023
NuxGame Bolsters Payment Processing With CoinPayments Integration
Hipther Takes Networking to the Next Level at MARE BALTICUM Gaming & Tech Summit 2023 with Daytime and Evening Sessions, plus Morning Networking Run
Paramount Global and Immersive Gamebox team up to bring a life-sized PAW Patrol® game to fans
Racecourse Media Group and BoscaSports break new ground as betting shop displays go live in Cyprus
Blocktrade Launches New Gamified Universe to Transform How Users Engage with Digital Assets
Hipther Introduces Rite NRG and Darek Hiliński
Exclusive Altenar interview: The latest on the Spanish market
Central Europe5 days ago
Hipther’s Autumn Flagship Event Rebranded to GamingTECH CEE – Don’t Miss the Early Bird Offer!
Latest News4 days ago
Top Tips for Assessing iGaming Platform Quality
eSports5 days ago
Bollywood stake in Indian Esports; actor Tiger Shroff invests in Revenant Esports
Latest News5 days ago
Where will Jordan Pickford go if Everton is relegated? Online Sportsbook Cloudbet Says All Odds Point to Tottenham
Gaming Awards5 days ago
The winners of the 2023 Game Developer Awards are in
Industry News5 days ago
IGSA Celebrates 25th Anniversary
Baltics5 days ago
Betsson Renews Sponsorship with Lithuania’s Basketball Men’s Team
Asia5 days ago
Meet BetConstruct at G2E Asia in Singapore