Compliance Updates
Altenar secures prestigious ISO 27001 certification
Leading sportsbook and iGaming provider awarded highest certification for data protection and system security
Altenar, the leading sportsbook and iGaming software provider has further flexed its credentials ahead of its planned expansion, following the acquisition of its ISO IEC 27001 certification for the operations behind its award-winning sportsbook and platform.
In order to gain its certification, Altenar’s internal processes were extensively tested against the strict assessment criteria, ensuring it met the 114 controls and 7 clauses required over a nine-month period.
Integral to going live across multiple global markets, the audits undertaken guarantee the company’s senior management, as well as all its operations and controls, are fully compliant with the data protection practices and procedures set in place by the International Organisation for Standardisation and the International Electrotechnical Commission.
An additional series of internal audits were also taken prior to the certification process, which as a result, highlight that, Altenar is able to demonstrate to partners that its global operations are held to the highest possible standards in terms of data protection and system security.
Commenting on the certification, Konrad Pizzuto Director of Technology Operations at Altenar, said: “We are delighted to have received our official ISO27001 certification, it truly is proof of all the hard work that goes on behind the scenes here at Altenar. The timing is ideal as it sets us up perfectly during a period where we are excited about continued growth and expansion.”
“We see this as the perfect endorsement of our tier one credentials, as it showcases our commitment to external audits of both our systems and processes, we are able to highlight our credentials as a forward-thinking supplier that is able to offer one of the best sportsbook platforms in the world.”
The latest announcement further establishes Altenar’s position as the supplier of choice for tier-one operators across global regulated markets, upholding the company’s ethos ‘stability meets flexibility’
Licensed across a total of 13 major global markets including the UKGC and MGA, Altenar has established itself as the sportsbook provider of choice for multiple leading operators.
Compliance Updates
Compliable Expands Licensing Offering to Europe and Latin America
Leading licensing management solution now supports new global markets
Leading compliance software provider Compliable is now supporting licensing in European and Latin American markets, further strengthening its proposition following a successful period of growth in the United States.
With experience of working with prominent industry brands including FanDuel, Bet365 and BetFanatics in North America, Compliable’s platform can now help companies complete, manage and maintain gaming licenses across multiple global jurisdictions.
Compliable is expanding into new markets at a time of increased regulatory obligations in numerous regions as well as a heightened demand from suppliers and vendors to get licensed from a reputational point of view.
Markets in Europe as well as emerging regions in Latin America are now supported by Compliable’s software solution, which enables operators and suppliers to enter new countries more quickly and reduces the ongoing burden of regulatory requirements.
Compliable’s software platform and tools provide customers both significant time and cost savings, as employees enter key information just once in the licensing process with the information then auto-populated across multiple forms, generating error-free applications every time.
The solution cuts the time it takes to get employees licensed by 90% to less than an hour, which has led to an increase of up to 700% in the number of employees that can be onboarded.
“Following discussions with our customers and prospects, it became clear that there is a demand for our market-leading licensing management solution outside of the United States and we are pleased to now be able to streamline the licensing process for even more companies in additional jurisdictions,” the Chief Executive Officer for Compliable, Chris Oltyan, said. “Licensing compliance can slow down your ability to expand into new markets but it doesn’t have to. Using our platform to remove bottlenecks in the acquisition and management of licenses frees up time and attention so our customers can focus on their go to market plans.”
Compliance Updates
ITIA: Croatian Official Suspended from Tennis
The International Tennis Integrity Agency (ITIA) confirmed that Croatian tennis official Marko Stojanovic has been suspended from the sport for five years and six months after admitting to breaches of the Tennis Anti-Corruption Programme (TACP).
Stojanovic, a national-level official, admitted to 15 breaches of the TACP, including manipulating data from matches in which they were an official to facilitate betting.
Stojanovic, who is accredited at national level and has officiated at ITF tournaments, co-operated fully with the ITIA investigation and accepted an agreed sanction, waiving their right to a hearing before an independent Anti-Corruption Hearing Officer. Stojanovic has also been fined $25,000, of which $18,750 is suspended.
The official’s agreed sanction began on 19 February 2024 and will end at midnight on 18 August 2029.
During the suspension, Stojanovic is prohibited from officiating at, or attending any tennis event authorised or sanctioned by the members of the ITIA (ATP, ITF, WTA, Tennis Australia, Fédération Française de Tennis, Wimbledon and USTA).
The ITIA is an independent body established by its tennis members to promote, encourage, enhance and safeguard the integrity of professional tennis worldwide.
Compliance Updates
MGA Successfully Hosts its First Sports Betting Integrity Conference
The Malta Gaming Authority (MGA) has hosted its first Sports Betting Integrity Conference, further cementing the Authority’s dedication to fostering open dialogue, knowledge-sharing and maintaining a gaming landscape that is free from corruption and any form of unethical practices.
The event convened high-profile stakeholders integral to the sports betting integrity sector, including the Union of European Football Associations (UEFA), the International Olympic Committee (IOC), the International Betting Integrity Association (IBIA), the United Nations Office on Drugs and Crime (UNODC), the International Tennis Integrity Agency (ITIA), the eSports Integrity Commission (ESIC), Genius Sports and Sportradar.
Local stakeholders included the Malta Police Force, the Malta Football Association (MFA), the Authority for Integrity in Maltese Sports and the Office of the Attorney General.
Opening the conference, MGA CEO Charles Mizzi said: “As the MGA, ensuring the integrity of sports betting is not merely a regulatory obligation; it is a cornerstone of our commitment to fostering a fair and sustainable gaming environment.”
Mr Mizzi emphasised that the conference’s foremost objective was that of leading a united effort in addressing the complex challenges of maintaining integrity within sports and sports betting. As the industry continues to transform – introducing new technologies and increasingly sophisticated methods – success depends on the ability to share knowledge, experiences and best practices. Through this synergy, stakeholders can outpace those intent on corrupting the essence of sports and betting.
Such gatherings, therefore, serve as invaluable opportunities to pool resources and expertise, serving as catalysts for positive change. The Authority extends its gratitude to all attendees for their engagement and participation.
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