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Compliance Updates

VIXIO GamblingCompliance Global Regulatory Awards 2022 Compliance Lifetime Achievement Award Recipient Announced

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VIXIO GamblingCompliance has announced that the recipient of the Global Regulatory Award for Compliance Lifetime Achievement will be Paul Burns, CEO and president of the Canadian Gaming Association.

The Compliance Lifetime Achievement Special Award, sponsored this year by BetConstruct, recognises the achievements of an individual who has been involved in the gambling industry for many years and whose input to the advancement of the culture of compliance and regulatory standards within the industry has been outstanding.

Paul Burns was instrumental in establishing the Canadian Gaming Association (CGA) in 2005, initially as its vice president. Under his leadership, the association grew to include the Canadian industry’s leading operators, manufacturers, and suppliers. Paul was appointed the CGA’s president and CEO in 2018.

Through the CGA, Paul Burns has been responsible for the development of industry-wide research and programmes, including the release of the most comprehensive study on the economic impact of gaming in Canada. Most recently, Paul led the CGA’s advocacy efforts in support of the repeal of Canada’s federal prohibition on single-event sports wagering, which was achieved when legislation was approved in parliament in June 2021, as well as the landmark opening of Ontario’s internet gaming market, which was launched in April 2022.

Paul Burns said: “I would like to thank VIXO and the Global Regulatory Awards judges for honouring me as this year’s recipient of the Compliance Lifetime Achievement Award. I have had the pleasure and privilege of working with exceptionally talented gaming industry professionals and regulators across Canada throughout my career, and collectively we have worked – and continue to work – to advance the evolution of Canada’s gaming industry. In the past two years, we have seen the results of years of effort to modernize Canada’s sports betting laws as well as Ontario’s launch of Canada’s first regulated iGaming market. I share this honour with everyone who contributed to these milestone achievements and look forward to helping make Canada’s largest entertainment industry one of the best in the world.”

James Kilsby, Chief Analyst and VP Americas, VIXIO said: “Paul Burns is a very worthy winner of the VIXIO GamblingCompliance Global Regulatory Awards lifetime achievement category for 2022 – a year that saw the opening of Ontario’s competitive market for online gambling and the first full year of legal single-event sports betting since the amendment made to the Canadian federal Criminal Code last summer. It is well recognised within the industry that Paul and the Canadian Gaming Association have played an instrumental role in both of these historic events for Canada’s broader gambling market, neither of which occurred overnight but were instead the fruits of many, many years of careful advocacy on the part of Paul, his colleagues and CGA members. On behalf of VIXIO, I would like to congratulate Paul on his deserved recognition and thank our independent panel of judges for their careful consideration of this award.”

Compliance Updates

Acquiring a Curacao Online Gaming License in 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed

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The “Acquiring a Curacao Online Gaming License, 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed” report has been added to ResearchAndMarkets.com’s offering.

This report includes valuable insights into the financial and procedural aspects, including detailed information on costs and timelines associated with acquiring a Curacao license.

In 2023, Curacao introduced the “Landsverordening op de kansspelen” (Ordinance on Games of Chance) to modernize and regulate gambling legislation. Since March 2020, the Gambling Control Board (GCB) has been authorized to regulate offshore gambling games and oversee the issuance of Curacao licenses. As of 2023, there are 16 companies providing legal services for registration and licensing in the territory of Curacao. The license fee, as per GCB regulations, is 36,000 ANG or 19,800 USD, payable upon license issuance.

Research Timeline and Data Relevance

The research was conducted in two stages. The first stage, studying the regulator and Open Data Search, took place in December 2023. The second stage, writing the report and partially updating the data from the first stage, took place from the end of April to the end of May 2024.

Goals and Objectives

  • Describe the information about the Curacao license and the issuing regulator.
  • Describe the requirements and conditions for obtaining a Curacao license.
  • Describe the costs and timelines for obtaining a Curacao license.
  • Briefly study the market, find and suggest the following lists:
    • Legal companies offering services for company registration and obtaining a Curacao license;
    • Communication agents and integrators working with the Curacao license;
    • Suppliers and vendors working with the Curacao license;
    • Payment systems working with the Curacao license.

Key Topics Covered:

1. Goals and Objectives

2. Research Timeline and Data Relevance

  • Document Markup
  • Raw and Combined Data
  • Terms & Glossary

3. General Information

  • The Regulator
    • Registration of Operators With Sublicense
    • Application for an Online Gaming License

4. Requirements and Conditions for Obtaining a License

License Conditions

  • General Prohibitions
  • Safe and Secure Environment
  • Equipment and Application Software
  • Player Registration
  • Payment Transactions
  • Games
  • Terms of Use
  • Resolution of Complaints
  • Administrative Responsibilities
  • Publicly Available Information
  • Reports
  • Policies and Procedures
  • Suspension and Revocation of License
  • Additional Conditions
  • Supervision

Recommendations or Minimum Requirements for the Business Plan

5. The Cost of the License

6. Decision Term and the Validity of the License

7. Application Method and Forms

8. Contact Information

9. Companies for Registration and Licensing

10. Integration Companies

11. Suppliers and Vendors

12. Payment Systems

13. META

14. Appendix: Terms & Glossary

For more information about this report visit researchandmarkets.com/r/izeo6g

 

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Compliance Updates

Digitain Obtained Greek License

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Digitain Obtained Greek License
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Digitain obtained the A1 Manufacturer’s License from the Hellenic Gaming Commission.

Digitain, a global leader in Sportsbook and iGaming solutions, has expanded its presence in European regulated market by obtaining a B2B license from the Hellenic Gaming Commission.

Iain Hutchison, Chief Revenue Officer of Digitain, said: “We are delighted that we have attained our B2B license from the Hellenic Gaming Commission. Digitain continues to expand across multiple regulated jurisdictions, and the Greek license is a further example of our vision and that of our teams’ commitment to regulatory compliance and the exemplary standards of our platform technology and focus as a company. We look forward to having our award-winning sportsbook and Centrivo platform and much more available within the Greek market as one of continental Europe’s largest and growing regulated markets.”

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Compliance Updates

Hard Rock Casino NL turns to BetComply for Netherlands launch

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Hard Rock Casino NL turns to BetComply for Netherlands launch
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BetComply, iGaming’s most trusted technical and regulatory compliance firm, has partnered with iCasino, securing a Dutch licence for their recently-launched Hard Rock Casino brand.

HardRockCasino.nl operated by iCasino b.v. under a brand licence agreement announced its Netherlands launch at the start of July, having worked closely with BetComply to secure a licence from the Dutch regulator de Kansspelautoriteit (KSA) in May.

The brand will continue to work with BetComply to ensure on-going compliance within the Netherlands framework.

iCasino CEO Paul Strikers said: “It’s hugely exciting to bring such a globally renowned brand to the Dutch market for the first time. We understood early on in the process that operator compliance needed to be one of our highest priorities, and that’s why we enlisted the help of BetComply and its unparalleled expertise in the Netherlands. We thank Mike and the team for their tireless and rigorous support on our successful licence application, and look forward to building upon this partnership in the future; the first step being the application for a sports betting licence.”

BetComply Chief Compliance Officer Mike de Graaff added: “The Netherlands market has attracted some huge international brands over recent months, underlining the opportunities on offer for those who build a deep understanding of their regulatory obligations. We’ve already helped more than a third of all licence holders in the country, and with the KSA taking a proactive approach across all elements of regulation, we’ll continue to support our partners, including iCasino, as market conditions evolve.”

With recent high-profile reports of serious misconduct within the iGaming compliance space, it has never been more important to pick a trusted and reliable partner, both in the Netherlands and elsewhere.

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