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Hancock signals £2 FOBT ruling

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As per the reports Matt Hancock, the newly assumed UK Culture Secretary is determined to reduce the maximum stake on fixed-odd betting terminals (FOBTs) to £2 (€2.27/$2.78)

Currently, Punters are able to wager as much as £100 per spin on FOBTs, but various campaign groups have been putting pressure and persuading the government to lower this amount.

After contemplating the gambling sector as a whole by the Department for Culture, Media and Sport (DCMS) the government announced in the month of October, that it was to consider proposals to cut this stake to either £2 or £50.

As stated by an ally of Hancock, the new Culture Secretary is keen to opt for the lowering of the two amounts, post an “overwhelming” response to the review reports “The Sunday Times” newspaper.

The source said “Matt wants the new stake to be at the bottom of the range,” “His attitude to the terminals is very negative because it takes money from reasonable, mature betting, like on the horses”.

Hancock was recently appointed to the role as part of a major reshuffle by the Prime Minister Theresa May.

As Culture Secretary, in addition to playing a major role in the on-going DCMS consultation into the review of the gambling sector, Hancock will oversee the completion of the reform of the levy in the UK.

In a statement issued in response to the report, the DCMS said the government is “currently consulting on what the exact cut should be, and would make a final decision in due course once all the evidence has been considered.”

The DCMS added: “We are clear that FOBT stakes will be cut to ensure we have a safe and sustainable industry where vulnerable people and children are protected.”

Jim Mullen, the Chief Executive of Ladbrokes Coral Group, has also responded to the reports, saying that a cut in the maximum stake will “fail to adequately address any issue of problem gambling.”

Mullen said: “The triennial review has been running for over 15 months and throughout that time there has been constant rumour and speculation about potential outcomes, of which this is yet more.”

“It should be noted that the current call for evidence is yet to conclude and industry responses have not yet been submitted to Government.”

“We are very clear that stake cuts will fail to adequately address any issue of problem gambling; the industry has also always made it clear that a cut to stakes will have serious consequences – resulting in shop closures which will ultimately affect jobs, tax revenue and the funding of racing.”

“There is also no evidence that machine customers will switch their spend to sports betting such as horse racing, and our experience is that they won’t; any policy made on this assumption would result in a significant reduction in the level of funding for horse racing.”

“We will continue to make the case for a sensible measured, evidence led and proportionate response to the public concern regarding these issues and this will be the basis of the evidence submitted as part of the ongoing review.” he added.

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Rightlander Limited Appoints Sarafina Wolde Gabriel As Chief Strategy Officer

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Rightlander Limited appoints seasoned digital marketing leader Sarafina Wolde Gabriel as Chief Strategy Officer, marking a new era of strategic expansion and innovation for the global compliance and risk management solutions provider.

Rightlander, the advertising and affiliate compliance monitoring specialist, is pleased to announce the appointment of Sarafina Wolde Gabriel as Chief Strategy Officer (CSO).

In her new role, Wolde Gabriel will work closely with the company’s founder, Ian Sims, and the broader management team to craft and implement business strategies intended to accelerate the company’s growth on a global scale.

“Sarafina brings a wealth of experience and a proven track record of success in strategic planning and business development,” said Ian Sims. “We are confident that her innovative thinking and strategic approach will be instrumental as we continue to grow our business and enter new markets.”

Wolde Gabriel’s remit will include expanding Rightlander’s reach into new markets and verticals, evaluating potential new product opportunities, and building strategic partnerships to boost business growth. This strategic vision aligns with the company’s objective to strengthen its market position and meet the increasingly complex needs of clients around the world.

Speaking on her appointment, she said, “I am thrilled to join Rightlander Limited and am committed to contributing to the company’s forward-looking approach. I look forward to working with Ian and the entire team to explore new opportunities and create innovative strategies that will drive global growth.”

A seasoned professional in digital marketing with over 19 years of experience, Wolde Gabriel brings to Rightlander a wealth of knowledge in leadership within the iGaming and marketing sectors.

Beginning her impressive career journey with Paysafe’s Income Access in 2004, she made significant strides, eventually serving as the company’s CMO until 2016. Her tenure with Paysafe was decorated with numerous industry awards, underscoring her expertise in driving growth and success in the digital marketing space.

In her most recent role as the VP of Strategy at Income Access, she directed innovative marketing strategies and established key business partnerships, contributing to the company’s global expansion. In 2022, Wolde Gabriel made a strategic shift, joining GeoComply, a geolocation and fraud prevention company, as a senior director, where she continued to excel in new business development and global expansion.

Wolde Gabriel holds a Master’s Degree in Marketing from the University of Surrey, UK, and a Bachelor’s degree in International Business and Marketing from Concordia University, Montreal. An active contributor to her community, she served as the President of the African Students Association during her time at Concordia University.

The addition of Wolde Gabriel to Rightlander Limited’s leadership team reflects the company’s ongoing commitment to strengthening its strategic direction and accelerating its growth trajectory.

For more information on Rightlander Limited and its comprehensive range of services, visit www.rightlander.com.

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New challenger approaching: Introducing Slotsoo Casino Awards

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The iGaming industry’s awards season is in full swing. Today (1st June 2023), Slotsoo is jumping on the train by launching Slotsoo Casino Awards. With this new venture, the casino comparison site wants to celebrate excellence among casino operators in a fun way, with the goal to inspire the casino industry to do better.

Fun Categories that are Relevant to Players

The Slotsoo Casino Awards consist of seven different trophies with humorous names such as The Bonus Buff and The Withdrawal Wizard. The team has made an intentional decision to keep the number low and the categories focused on the player experience.

Markus Björk, Slotsoo’s head writer and team leader, explains:

”Slotsoo wants to be the perfect mix of serious and fun – we are allergic to boring. When deciding on the different categories we made sure they resonate to players and not just media or higher-ups. We also wanted to avoid having too many trophies, because then they would lose their point. If everyone is a winner, then nobody is a winner.”

He continues to tell that every team member likes to play slots too, so they know what the average player values and what they don’t.

The Winners for Slotsoo Awards 2023

·         The Gambling GOAT – Svenbet Casino

·         The Bonus Buff – Slot Paradise

·         The Loyalty Lord – Qbet Casino

·         The Withdrawal Wizard – iBet Casino

·         The Gamification Guru – Happy Hugo

·         The Payout Professor – Snatch Casino

·         The Noisy Newcomer – Monsino

Please visit Slotsoo Casino Awards for descriptions of the trophies and detailed winner motivations.

All casinos listed on Slotsoo are automatically nominated. Instead of using an external jury to select the winners, the decision is done by the team itself – meaning the same people that actually test and review every site.

Big Plans for Expansion

The dust has barely settled from the launch of the new awards, but the Slotsoo team already have big aspirations how to expand the concept. Markus Björk shares their plans for the future:

”We want to do similar awards on our other language versions. Simultaneously, we are looking to introduce separate awards for game providers. After all, they are the backbone of the casinos, and they deserve just as much celebration.”

Who is Slotsoo?

Slotsoo is a multilingual comparison site for online casinos and slots run by a tight-knit group of slot enthusiasts. The website was launched in 2017 and offers expert reviews of casinos, slots and game providers – plus guides for different payment methods and license authorities.

The English version targets the European market as a whole, while the other languages are focusing on specific countries. Slotsoo is committed to only promote legal and licensed casinos that respect EU laws. Want to know more? Check out the page about Slotsoo or contact the team at [email protected]

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Compliance Updates

The Slovak Gambling Authority’s systematic check activities help reduce the number of illegal gaming devices

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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.

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