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Finnish gambling market projections

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Finnish gambling market projections
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Veikkaus, which is a Finnish state-owned company, has the monopoly over all gambling activities in the country. The company provides a wide array of games, including the Finnish national lottery, fixed odd betting, football pools, scratch tickets and so on. In total, there are 20 different kinds of games organized by the company. Most of its revenues are derived from the national lottery, which is extremely popular among the Finnish population. Interestingly, Veikkaus is managed by the Finnish Ministry of Education and the proceeds from its operation are channeled back to it. In 2010, these profits amounted to 463 million euros. The rules of the games, on the other hand, are controlled by the Ministry of Internal Affairs.

This model of regulating gambling activities in the country has been ubiquitous in the Nordic countries, but recently a new trend of liberalization has emerged. The national monopolies are having a harder time maintaining a customer base as people are switching to the online casinos, which are more difficult for the authorities to keep away. Internationally licensed online gambling providers are still able to reach the customers in countries where it is illegal for privately owned companies to provide these services. Some countries have tried to employ the banking sector in order to limit the power of such companies to process transactions for the customers. There has been a case of resorting to Apple in order to remove some gambling applications from the App Store as well.

As stated by the editor of the Finnish website Netti-casino.biz, it is interesting to see what path Finland will take when it comes to liberalizing the gambling market. There is a precedent for both liberalization as well as toughening of the regulations. Sweden and Denmark are already accepting applications from private companies for gambling licenses, while Norway is trying to strengthen the hold of its national monopoly over the market. There are no signs as to which direction Finland will follow yet. There are some obvious advantages to be had with liberalization. The government is not able to collect taxes from underground markets, which emerge when activities that are in demand are banned by the regulators. With a regulated market, it could see a surge in the tax revenues.

Online gambling is gaining popularity in Finland

Veikkaus’ revenue report shows an increase in the share of the digital activities. The company’s digital revenue increased by 10% from last year and in Q1 comprised 44% of the total revenues generated. The number of weekly active online customers stands at 626,000, which is an 11% increase. This shows that the monopoly is coping successfully with international providers, which might give the regulators less incentive to liberalize the market. Veikkaus claims to have captured 90% of the online market and furthermore, plans to “renew the company’s strategy in 2018 to respond to the strong change in the operating environment.”

Source: http://netti-casino.biz/casinouutiset/ennuste-suomen-rahapelimarkkinoille/

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EveryMatrix Press Releases

EveryMatrix awarded World Lottery Association security standard

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World Lottery Association Security Control Standard 2020
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EveryMatrix has been granted World Lottery Association Security Control Standard 2020 (WLA-SCS:2020) Level 2 certification, one of only a select few B2B technology providers to receive this distinction.

WLA-SCS Level 2 represents the most complete and comprehensive certification standard for lottery and sports betting operators and their suppliers. This achievement follows a rigorous audit carried out by GLI, which EveryMatrix successfully passed.

The standard features 21 controls for lottery technology suppliers, incorporating the use of cloud hosting for lottery gaming systems, as well as controls for privacy and application security.

As part of the certification audit, EveryMatrix’s platforms for both iLottery, sports betting and iGaming were assessed, and no non-conformities found.

Ebbe Groes, CEO, EveryMatrix, said: “Security is a top priority for EveryMatrix and achieving compliance with this rigorous standard is proof of our commitment to our existing and future WLA customers”.

In addition to WLA-SCS Level 2, EveryMatrix is ISO 27001 and ISO 20000 certified. These three certifications are a testament to its capabilities as a technology supplier, as well as its steadfast commitment to security, quality, reliability, and customer service across all facets of its business.

EveryMatrix has won several World Lottery Association (WLA) and European Lotteries (EL) agreements in the last few years including Norsk Tipping (Norway), OPAP (Greece), National Lottery (Malta), Veikkaus (Finland) and most recently with Hungarian gaming and lottery operator Szerencsejáték, one of the largest contracts in its 15-year history.

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Gaming in Spain: Post-conference mailer & webinar announcement

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Gaming in Spain: Post-conference mailer & webinar announcement
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Two weeks after the conclusion of the 2023 Gaming in Spain Conference, we can look back at another highly successful event.

If you were there, we were very happy to have you. If you could not make it this year, see you next time? We will be back in May 2024 – a specific date will be announced soon!
Furthermore, following up on this year’s Gaming in Spain Conference, we would also like to announce our upcoming Gaming in Spain webinar Products & services for the regulated Spanish iGaming market on Wednesday, June 21 (more on this below). 

Looking back at the 2023 Gaming in Spain Conference
We were exceedingly happy to welcome key decision makers in Spain’s regulated iGaming industry in Madrid for a full day of knowledge & networking.
A highlight of the day was the keynote speech by Mr. Mikel Arana, Director General of Spain’s national gambling regulator, DGOJ, who not only stressed the need for clear communication between industry and regulator, but also explained the regulator’s new approach to responsible gaming:
“It is very important for the DGOJ to maintain contact with Spanish operators and – even if we         do not always agree – to explain first-hand why we make the regulatory decisions we make and   what goals we want to achieve with them. […]

Above all, we have established a new approach to player protection. First, by not treating all players the same. Second, by not letting player protection depend on the criteria of individual           operators’ social responsibility policies, but by establishing a common minimum standard.”
Mr. Arana’s full presentation was recorded and is available here: https://bit.ly/GiS2023_Arana
Full recordings of the other sessions are available below.

Regulatory reform in the Spanish iGaming market

  • Jorge Hinojosa, Director General, JDigital: https://bit.ly/GiS2023_Hinojosa
  • Peter Marcus, Group Operations Director, Entain: https://bit.ly/GiS2023_Marcus
  • Maarten Haijer, Secretary General, EGBA: https://bit.ly/GiS2023_Haijer

Market regulation: Past & future

  • Mikel Arana, DG, DGOJ & Birgitte Sand, CEO Birgitte Sand & Associates: https://bit.ly/GiS2023_Arana_Sand
  • Juan Espinosa, Founder Silverback Advocacy; Santiago Asensi, Managing Partner, Asensi Abogados; Birgitte Sand, CEO Birgitte Sand & Associates: https://bit.ly/GiS2023_Asensi_Espinosa_Sand

The Spanish market: Facts & figures

  • David Henwood, Director, H2 Gambling Capital: https://bit.ly/GiS2023_Henwood
  • Mauro de Fabritiis, Founder, MDF Partners: https://bit.ly/GiS2023_DeFabritiis
  • Chris Gyere, Head of Tech Recruitment at Pentasia & Headcount: https://bit.ly/GiS2023_Gyere

Enforcing individual betting limits & preventing ID fraud

  • Marc Sabadi, iGaming Spain Manager, Mitek: https://bit.ly/GiS2023_Sabadi

Operations (panel)
Featuring:

  • José Antonio Giacomelli, GM, MGA Games
  • Felipe Masa Sánchez-Ocaña, Director E&Y Abogados Sevilla
  • Mikel López de Torre, Digital Director, Sportium
  • Jordi Sendra, COO, Alea
  • Alba Castro Torruella, Associate Director, Kreab España (moderator)

Video: https://bit.ly/GiS2023_Operations
Responsible gaming

  • Alla Serebrianskaia, Partner, Asensi Abogados & Aurora Merino Salas, CEO, Asensi Technologies: https://bit.ly/GiS2023_RG_Asensi
  • Rasmus Kjaergaard, CEO, Mindway AI: https://bit.ly/GiS2023_Kjaergaard
  • Paul Foster, CEO, Crucial Compliance: https://bit.ly/GiS2023_Foster

Future market developments (panel)
Featuring:

  • Xavi Muñoz, Partner, ECIJA Law Firm
  • Mauro de Fabritiis, Founder, MDF Partners
  • Scott Longley, Contributing Writer, Earnings + More (moderator)

Video: https://bit.ly/GiS2023_Future
We thank our sponsors Asensi Abogados, Asensi Technologies, Betconstruct, Jdigital, Crucial Compliance, iGamingCeuta, MDF Partners, Mindway AI, Mitek and Sportradar for making this event possible!

GiS Webinar | Products & services for the regulated Spanish iGaming market
Join us on Wednesday, June 21 at 11:00 CET for our FREE Gaming in Spain webinar Products & services for the regulated Spanish iGaming market.
This webinar will highlight several relevant products & services that are specifically tailored to the Spanish market.
In addition, the webinar will feature a brief regulatory and legal update provided by Spain’s leading gambling lawyer, Santiago Asensi.
Other topics and speakers include:

  • Staff training – Jochen Biewer, Managing Director, Chevron Group
  • Promotions & bonus monitoring – Mauro de Fabritiis, Founder, MDF Partners
  • Player monitoring and RG services – Rasmus Kjaergaard, CEO, Mindway AI
  • ID verifications solutions – Marc Sabadi, iGaming Spain Manager, Mitek

Don’t miss it! Register today: https://bit.ly/GiS_Webinar

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BF Games rolls out dice games with PepperMill Casino in Belgium

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BF Games rolls out dice games with PepperMill Casino in Belgium
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BF Games, the dynamic games development studio, has strengthened its foothold in the Belgian market after introducing its selection of dice games to PepperMill Casino.

Following a direct integration, the operator’s Belgian customers can now access over 10 of BF Games’ titles, including Ancient Secrets Dice, Energy Fruits Dice, Magic Queens Dice, Pyramid Treasure Dice, and Royal Crown Dice.

PepperMill Casino is a prominent operator in the Belgian market, offering a wide choice of dice and table games. The company also operates land-based gambling venues in Belgium and the Netherlands and draws on this experience to offer great online entertainment to players.

The partnership is the latest in a string of deals that have seen BF Games extend its reach in the Belgian market, further positioning itself as a renowned supplier to the local iGaming industry.

BF Games will continue its geographical expansion in 2023, exploring key markets across Europe as well as North and Latin America.

Claudia Melcaru, Head of Business Development at BF Games, said: “This launch with PepperMill Casino is a great testament to the appeal of our dice titles and sees us further our reach in Belgium, a key market for our commercial growth.

“It’s a thrilling time for BF Games as we maintain strong momentum from both an expansion and product point of view and this partnership with a leading operator further underlines our success.”

Jorn Stifter, Casino Manager at PepperMill Casino, said: “As an operator that is well-known for its refreshing dice offering, we couldn’t be happier to take BF Games’ titles live, further strengthening our product portfolio.

“Their content offers a wide variety of themes and features that will appeal to our customers so we look forward to a successful partnership.”

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