Compliance Updates
76 suspicious betting alerts reported by IBIA in Q3 2022
The International Betting Integrity Association (IBIA) reported 76 cases of suspicious betting to the relevant authorities during the third quarter (Q3) of 2022. The Q3 alerts covered eight sports, with the top four of tennis (33 cases), esports (16), football (13) and table tennis (10) accounting for 95% of all alerts. From a geographical perspective, Europe accounted for around half (49%) of all alerts reported, followed by Asia (11%) and Africa (9%).
Khalid Ali, IBIA CEO, said: “Alerts for the quarter are at the higher end of the scale compared to previous years, but must be viewed against the association’s substantial growth in membership during the year. That has served to increase global market coverage and the alerts identified and reported, underlining the beneficial impact of a global multi-operator betting integrity network. IBIA continues to work closely with its members and external stakeholders, such as sports and regulators, to ensure that suitable risk management processes are implemented and encourages a zero-tolerance approach to the manipulation of sporting events and associated betting fraud.”
Other key data for Q3 2022:
- 60 – percentage decrease in football alerts compared to Q2 (32 alerts)
- 29 – number of countries where alerts were reported
- 15 – percentage decrease in alerts compared to Q2 (89 alerts)
- 5 – highest number of alerts recorded in a country (occurring in Spain, Hungary and Poland)
The International Betting Integrity Association is the leading global voice on integrity for the licensed betting industry. It is run by operators for operators, protecting its members from corruption through collective action. Its monitoring and alert platform is a highly effective anti-corruption tool that detects and reports suspicious activity on its members’ betting markets. The association has longstanding information sharing partnerships with leading sports and gambling regulators to utilise its data and prosecute corruption. It represents the sector at high-level policy discussion forums such as the IOC, UN, Council of Europe and European Commission.
Compliance Updates
GoldenRace is now certified in the Netherlands
GoldenRace, global provider of award-winning Virtual Sports and betting solutions, has recently obtained a certification for its highly acclaimed Virtual Sports and Games in the Dutch market.
GoldenRace successfully navigated the stringent regulatory landscape of the Netherlands, and now will be providing its impressive betting products into the Online Dutch market, which will be an important advancement in our operational expansion.
The Netherlands betting scene is on the cusp of a substantial growth phase and with GoldenRace’s latest certification, we introduce to the Dutch market a range of highly popular games tailored to desktop and mobile, in both scheduled and on-demand modes.
Among the offer, players will enjoy our most-played Virtual Football line-up – including Football Single, Leagues, World Cup and Euro Champions-, adrenaline-pumping 3×3 Basketball and MMA and top-notch races as Horse Racing, Greyhound Racing and Grand Prix Indianapolis 60. Last but not least, our Number Games, such as Spin2Win. All ready to captivate Dutch players.
Asia
PAGCor Welcomes Lawyer Wilma Eisma as New President and Chief Operating Officer
The Philippine Amusement and Gaming Corporation (PAGCor) today welcomed its new President and Chief Operating Officer, lawyer Wilma Eisma, who took her oath of office before Executive Secretary Lucas Bersamin in Malacanang this morning.
“We are happy to welcome Atty. Wilma Eisma as PAGCor’s new President and Chief Operating Officer,” PAGCor Chairman Alejandro Tengco said. “We know she will be a great asset and her vast experience in both the government and private sectors will surely be put to good use here.”
Tengco said he witnessed Eisma’s oath-taking in Malacanang this morning. She then immediately joined her first PAGCor board meeting in the afternoon as the agency’s first ever woman President and Chief Operating Officer.
A lawyer by profession, Eisma earned her law degree from the Ateneo de Manila University and was a member of the Board of Directors of the Development Bank of the Philippines before joining the state gaming firm.
Prior to that, she also served as the first woman Administrator and Chairman of the Subic Bay Metropolitan Authority (SBMA).
Her private sector stints include leadership roles in PMFTC Incorporated, the Philippine affiliate of Philip Morris International.
She also held key positions at the Department of Trade and Industry where she worked at the Office of the Secretary and in the Office of the Majority Leader in the House of Representatives, among others.
Eisma succeeded Atty Juanito Sanosa Jr who resigned as PAGCor President and Chief Operating Officer last January.
Compliance Updates
MGA: Update to the Incident Reporting Requirements
The Malta Gaming Authority would like to inform its licensees of updates made to the Incident Report mechanism available through the Licensee Portal The information hereunder outlines relevant guidance and procedures for the submission of an Incident Report through the updated reporting instrument entitled the ‘Technical – Information Security Incident’.
As mandated by Articles 37(2)(c) and (d) of the Gaming Authorisations and Compliance Directive (Directive 3 of 2018), “Licensees shall notify the Authority forthwith, and in any case no later than three (3) working days after, the following:
(c) Any breach of the licensee’s information security that adversely affects the confidentiality of information relating to players;
(d) Any breach of the licensee’s information security that precludes players from accessing their accounts for a period exceeding twelve (12) hours.”
In this regard, Licensees are obliged to submit an Incident Report in order to notify the Authority of the circumstances relating to an information security breach that meet the above specified criteria. Additionally, Licensees are advised to remain mindful of any further obligations emanating from the General Data Protection Regulation (EU/2016/679) and any relevant legislation.
The Technical – Information Security Incident option will be accessible through the “New/Change” dropdown menu via the Portal. Upon selection, users will be directed to the applicable sections of the ‘Technical – Information Security Incident’ where all compulsory fields and any relevant documentation must be submitted to the Authority.
Upon submission, the Incident Report shall undergo review by the Authority. Any missing information that may be identified by the Authority, shall be requested accordingly from the Licensee. It is imperative that any pending clarifications are addressed in a timely manner.
If no further clarifications are deemed necessary by the Authority, the Incident Report will be closed off accordingly, and any relevant documentation will be securely filed for record-keeping purposes.
Any Incident Reports left in ‘Draft’ form (i.e. opened but not effectively submitted) for a period of ninety (90) days shall be automatically discarded.
-
Compliance Updates5 days ago
Bet on Compliance: Navigating the Stakes with the UK’s Affordability Checks
-
Industry News5 days ago
Real Dealer Studios: Offering a fresh spin on classic roulette
-
Industry News5 days ago
Cheltenham and Grand National 2025 start now
-
eSports5 days ago
Denis ‘electroNic’ Sharipov is a New Virtus.pro Player
-
Gambling in the USA5 days ago
Gaming Americas Weekly Roundup – April 8-14
-
Asia5 days ago
Aurora Gaming Crowned Champions of $350,000 Skyesports Masters 2024, Earns Spot in Skyesports Championship
-
eSports5 days ago
NODWIN Gaming Partners with Global Esports Federation as Portfolio Management Company for Key Emerging Markets
-
Industry News5 days ago
Golden Matrix Acquisition of MeridianBet Group Receives High Praise from IPO Edge