Latest News

Danish government introduces new social responsibility controls for gambling

Published

2 years ago

January 11, 2019

Niji Narayan

Danish government introduces new social responsibility controls for gambling

Photo Source: yourdanishlife.dk

Reading Time: 2 minutes

The Danish government has proposed new social responsibility controls on licensed gambling companies, with a focus on improving player protection standards in the market.

The government issued draft executive order, which puts in place a number of new requirements on operators, such as mandatory deposit limits, and a requirement for problem gambling support resources to be prominently displayed.

The most notable controls are on sales promotions, bringing in limits on how operators can market offers to players, and restrictions on the sums that may be offered.

These constraints on sales promotions are clearly spelt out, with operators required to immediately award any money on offer to players when these conditions are met.

The following are the other controls:

Players must be required to deposit no more than DKK1,000 (£120.7/€133.9/$154.3), and no sum above this amount may be offered through the promotion. Wagering requirements must not exceed more than 10 times the players’ stake. Any money won through the promotion must not be subject to any such requirements.

Players must be given at least 60 days to fulfil the terms of a promotion, and no offer can be tailored to a single player—at least 100 players must be targeted with the same offer.

The social responsibility controls will see operators required to display links to country’s problem gambling helpline and self-exclusion system ROFUS on their website or user interface at all times. They must also place a link to their licence from the country’s regulator Spillemyndigheden on the upper left or right-hand corner of each web page.

Licensees must also have all players set weekly, daily or monthly deposit limits before they are permitted to start gambling. Operators will also be required to familiarise themselves with each players’ gambling habits, to ensure they can quickly flag any potential problems as soon as they arise.

All information on player’s behaviour, as well as a risk assessment, must be kept on file for at least five years. Licensees will also be required by law to develop internal rules and processes for responsible gambling, as well as train staff to ensure all employees are familiar with these processes.

Rules for self-exclusion have also been tightened, with the regulator required to determine the periods for which players can block access from gambling. Those that self-exclude are to be added to a centralised database, which will be available to all licensees, and have the option to be removed from this list from seven days—and up to 30 days—after requesting they be added.

Operators must check the self-exclusion register before allowing any player to sign up for their services. Before any player receives marketing materials from an operator, the licensee must check the self-exclusion register.

All marketing materials must also include an age restriction, as well as links to ROFUS, the problem gambling helpline and clearly show that the operator in question is licensed by Spillemyndigheden.

The proposals have been put to the iGaming industry for consultation, with submissions accepted until February 4.

Gambling in the USA

Gaming Americas Weekly Roundup – July 27-August 2

Published

14 hours ago

August 3, 2020

Niji Narayan

Reading Time: 2 minutes

Welcome to our weekly roundup of American gambling news again! It was again an eventful week at the USA, despite the still-active virus attack.

Here, we are going through the weekly highlights of the American gambling industry which include the latest news, financial results and new partnerships. Read on and get updated.

Latest News

Unibet, part of the Kindred Group, has officially entered into the Indiana Sports Betting Market. Unibet is now available to bettors in the Hoosier State, adding to Indiana’s already impressive sports betting landscape.

Online casino and sports betting operator Rush Street Interactive (RSI) and blank-check company dMY Technology Group have announced that they have entered into a definitive merger agreement. As a result of the transaction, RSI will become a publicly listed company on the New York Stock Exchange.

Financial Results

Newgioco Group has announced its operating and financial results for the first quarter of 2020. The Company reported a strong quarter in spite of global economic difficulties and shutdowns caused by the COVID-19 pandemic. Newgioco reported a year over year increase in revenue from $9.3 million to $10.2 million generated from $116 million in turnover (betting handle) during Q1 2020 which represents an increase in revenue of 9.8% over Q1 2019.

Partnerships

FanDuel Group has entered into a multifaceted, betting-focused partnership with The Ringer. As part of the deal, FanDuel has been designated the exclusive sportsbook, racing and fantasy sports partner of the multimedia sports and pop culture content hub created by Bill Simmons.

Transaction technologies supplier JCM Global has entered into a partnership agreement with Cash Processing Solutions which enables JCM to supply advanced high-speed count/sort equipment and cash management software in North America.

Global Payments Gaming Solutions, a division of Global Payments, has announced that Wynn Resorts has implemented its suite of igaming solutions for use in the New Jersey online gaming market. Through Global’s igaming solutions, Wynn Resorts can enable a multi-channel approach, with an online casino and sports betting.

Acquisitions

Mozzart, one of the leading sports betting and gaming companies in Eastern Europe, has acquired Meridianbet, the betting firm licensed by Colombian regulator Coljuegos since 2018. Meridianbet has been rebranded as Mozzartbet.

HeadsUp Entertainment International Inc has entered into the final stage of negotiations to acquire a licensed online sportsbook and online casino platform. HeadsUp revealed that is in the final stages of a deal to acquire between 50% and 100% of shares of the company, which has processed over $110m in wagers and reported over $5.2m in revenue in the past four years.

Soo Kim, the co-founder of hedge-fund giant Standard General, has scooped up three casinos on the cheap since the pandemic struck in March. The three acquired casinos are Bally’s Atlantic City Hotel & Casino, Eldorado’s namesake property in Shreveport and Eldorado’s Montbleu in Lake Tahoe.

New Launching

Video Gaming Technologies (VGT) has launched its first-ever The Hunt for Neptune’s Gold lounge at Osage Casino Hotel, Tulsa on July 31. The 1100 square foot gaming space is adjacent to the hotel lobby and offers 32 of The Hunt for Neptune’s Gold games on the Helix XT cabinet.

Churchill Downs Incorporated has announced that it will launch its BetAmerica sports betting and iGaming platform in Michigan through a partnership with the Hannahville Indian Community.

Compliance

Las Vegas-based GameCo LLC has received a Casino Service Industry Enterprise License from the New Jersey Division of Gaming Enforcement. The company is now able to bring its diverse portfolio of esports betting, skill-based iGaming and Video Game Gambling products to casinos and sportsbooks in New Jersey.

Latest News

Scottish Casinos and Bingo Halls Set to Reopen on August 24

Published

14 hours ago

August 3, 2020

Niji Narayan

Scottish Casinos and Bingo Halls Set to Reopen on August 24

Reading Time: < 1 minute

Scotland’s First Minister Nicola Sturgeon has announced that the country’s casinos and bingo halls are provisionally set to reopen on August 24. Scotland is currently implementing phase three of its four-stage plan to ease restrictions that are in place to help stop the spread of coronavirus.

Scotland’s 11 casinos, which employ around 800 people, have also gone above and beyond what is required to ensure their venues are COVID-secure. They include Perspex screens, hand sanitisation equipment, track and tracing mechanisms and social distancing measures.

Michael Dugher, chief executive of the Betting and Gaming Council, said: “We are delighted that casinos and bingo halls in Scotland have finally been given a date to re-open.

“They have demonstrated their commitment to ensuring the safety of their staff and customers, and it’s great that this has been recognised by the Scottish Government.

“We’re already looking forward to casinos in England opening their doors again this weekend, and I hope that their Welsh colleagues will soon be receiving the same good news.

“I’m also very pleased that the Scottish Government has listened to our concerns about betting shops having to switch off their gaming machines. It’s great that they will be back on again from 24 August.”

Latest News

Klirr Pay N Play Casino Set to Go Live This September

Published

14 hours ago

August 3, 2020

Niji Narayan

Klirr Pay N Play Casino Set to Go Live This September

Reading Time: < 1 minute

Klirr.com, a pure new Trustly Pay N Play casino brand, is set to go live this September. The new iGaming venue is entirely localised for and will attract players from Finland and Sweden, two of Scandinavia’s most lucrative markets.

Klirr will be going live with a relatively rich catalogue of gaming titles from some of the finest game creators and suppliers in the industry.

The new online casino will give its players access to more than 1000 games from the likes of Big Time Gaming, Kalamba Games, NetEnt, Red Tiger, Evolution Gaming, Relax Gaming, Stakelogic and more when it goes live this coming September. Slots, table games and live casino titles will be included in games to become available.

Powered by the iGaming platform of The Mill Adventure, Klirr has been developed with a focus on web, promising gaming experience for “snappy” players. The website will provide help via email and live chat 24/7.