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Compliance Updates

Comments on the Gambling Commission from Lord David Lipsey

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Gambling Commission Consultation

Memorandum from Lord David Lipsey (pictured), Chair for Premier Greyhound Racing

“Much public criticism has been levied at the Gambling Commission’s proposals on affordability; including by me. However, most of this concentrates on the possible effects of the proposals on horse racing.

“Practically nothing has been said about the corresponding effects on greyhound racing. Greyhound racing remains Britain’s fifth largest spectator sport, so this is a strange omission.

“By way of background, greyhound racing gets helpful support from a levy on bookmakers. This levy, unlike the horseracing levy, is voluntary. However, all but a few minnows amongst bookmaking pay it. It is collected by a body called the British Greyhound Racing Fund (BGRF), chaired by Joe Scanlon, an experienced bookmaker. Its board comprises a mix of bookmakers and representatives of the sport. They, in turn, allocate the funds they collect as they see fit to greyhound racing.

“The BGRF is focussed on something of great importance: the welfare of racing and retired greyhounds.

“It is channelled through the sport’s national governing body, the Greyhound Board of Great Britain (GBGB). The GBGB has welfare as its predominant objective. Its document, A Good Life for Every Greyhound is the sport’s guiding light on welfare. Welfare used to be a much lower priority for the BGRF. Much of its money went, for example, on equipment for tracks; a straight business subsidy.

“However, the percentage devoted to welfare has steadily increased. Greyhound welfare now comprises some £3.9 million (51.4%) of the BGRF’s expenditure. A further 19% goes to regulation such as kennel inspection, which is also important for the dogs’ welfare.

“As a direct result of the BGRF’s increased emphasis on welfare, there have been huge improvements in the outcome for greyhounds. When I chaired the then-British Greyhound Racing Board in the 2000s. fewer than one in six greyhounds were rehomed after racing. Many were euthanised. Today on the latest GBGB figures a staggering 95% of dogs are rehomed after racing. Meanwhile, there has been a huge investment in improving track surfaces.

“However, the voluntary levy has not been buoyant. In the latest available year, 2022/23, it raised £7.6 million in levy. In money terms this compares with £8 million a decade ago. But in real terms it has fallen from nearly £11 million in 2012/13 to £8.2 million in July of 2023.

“There was a one-off hike in 2019/20 to £8.8 million following an extension of the levy to overseas bets on greyhounds. I was responsible in negotiating this at the request of the then-Sports Minister, Tracey Crouch. However, it has since declined. The GBGB has been talking to various bookmakers about increasing the levy. However, the near universal response has been for the bookmakers to say ‘we will pay more if all the other bookmakers do’. The result has been stasis.

“Premier Greyhound Racing has no independent evidence on the impact of the proposed crackdown on affordability proposed by the Gambling Commission. However, greyhound racing, like horse racing, has some heavy hitter punters who would plausibly be put off betting on greyhounds if they were subject to onerous affordability checks.

“I can offer here my own experience. £5/£10 is my normal stake. However, as a ‘politically exposed person’, I was subjected to rigorous checks by my bookmaker, responding as they were to Gambling Commission pressure. It took an exchange of 32 e-mails before I was finally allowed to keep my account.

“Of course, I, like other parliamentarians, have received direct assurances from ministers that affordability checks will be automatic and seamless. However, the consultation paper itself makes clear that this is not the intention of the Gambling Commission. It admits that 2/3% of punters may have intrusive affordability checks carried out.

“These will almost by definition be the big punters. Big punters are a mix of those with gambling problems and those who just enjoy a good bet. Greyhound racing like horseracing has done everything it can to encourage safer betting. But if the Gambling Commission insists on probing big punters, they will simply disappear. Some will go to the ‘black market’. Some will seek their kicks elsewhere.

“The loss of greyhound punters will directly impact the yield of the voluntary levy. But equally important, if the bookmakers are hard hit by the new affordability rules (and they all think they will be) that will be a huge blow to their willingness to contribute to the voluntary levy.

“So far bookmakers have stuck with the levy. They have done so partly because they are sentient human beings, many with a huge affection for this most loveable breed of animal. But they do so also because they regard the levy as a price they must pay for the ‘social licence’ for greyhound racing to continue. The RSPCA, Dogs Trust and Blue Cross are already agitating for a ban on the sport. If the bookmakers are under financial pressure because of the impact of affordability checks, they are not likely to be in a mood to up their contributions in line with the sport’s needs.

“It would be horrifying if the progress of the last couple of decades was undone. Some trainers might dispose of dogs in unacceptable ways. Track maintenance might be neglected. Vets might no longer be in attendance at some tracks. Yet if the money to pay for welfare is not forthcoming due to the impact on bookmakers of the new affordability requirements all these are possible. GBGB would resist but it might be powerless to insist.”

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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