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Call for New Gambling Laws in New Zealand to Protect Vulnerable People from Offshore Gambling Sites
Fiona Cambridge, PGF Services counsellor of Dunedin, has said that the government needs to update its legislation to protect vulnerable people from offshore gambling sites.
Although it was illegal for overseas online gambling operators to advertise to New Zealanders, they had ways to direct internet users to their sites. Domestic gambling operators had to be responsible hosts, giving gamblers some sense of protection.
Tracey Martin, Internal Affairs Minister, said that betting offshore was legal, and New Zealanders had spent about $380 million on offshore gambling sites in the past 18 months.
Unlike domestic gambling operators, offshore online gambling operators did not contribute to the community through funding grants, Mrs. Martin said.
A discussion document had been launched seeking feedback on a range of options such as establishing a licensing system, where online providers must meet certain conditions to be able to legally offer their services in New Zealand.
Other options include geoblocking access to overseas gambling sites or banning the use of credit cards for online gambling. The public consultation runs until the end of next month.
Ms. Cambridge encouraged people to make a submission, especially if they knew of anyone who had lost money to an overseas gambling operator.
As previously announced, Enlabs has acquired 29.9% of the shares in Global Gaming 555 AB, and in connection with this called for an Extraordinary General Meeting (EGM) in Global Gaming to elect a new Board of Directors. Global Gaming has called for an EGM which will be held today, August 6, 2020.
Due to this, Enlabs has submitted a proposal for a new board composition as follows.
New election of:
Christian Rasmussen. Has a background from e.g. Evli Bank and as an analyst at AB Spiltan. He has been running his own business in corporate finance since 2010. Christian has participated in a large number of transactions in the gaming industry, and has both in-depth knowledge of M&A and the gaming industry.
Michael Niklasson. Lawyer since 1995 and runs his own law firm. Has a solid business law background with special knowledge in compliance and has been active as an advisor to companies in the gaming industry since the 1990s.
Niklas Braathen. Active in the gaming industry since 1985 and is e.g. Chairman of the Board of Enlabs AB.
Jonas Bertilsson. CEO of the investment company Rugosa. Jonas has a broad background in the M&A and finance. He is Chairman of the Board of Nordic eTrade AB and a board member of Acroud together with several other companies, and was previously a board member of Varenne Invest.
Re-election of:
Arne Reinemo. Elected to the Board of Global Gaming at the Annual General Meeting on May 8, 2020, has a background from, among others, McKinsey & Co and Creo Advisors.
Enlabs AB has further proposed that Niklas Braathen be appointed Chairman of the Board of Global Gaming and that Christian Rasmusen be appointed new Chairman of the Remuneration Committee.
About ENLABS:
ENLABS stands for Entertainment Laboratories. We are a company that creates entertainment through innovative thinking within gaming. The corporate group has offices in Tallinn, Riga, Vilnius, Malta, Marbella, Minsk and Stockholm. The operating subsidiaries hold national licenses for their operations and the Group employs approximately 200 employees.
Zitro announces a successful installation of its video slot games in Casino di Venezia of Italy. Players from one of the most renown casinos in Europe can now enjoy the thrill and fun of some of the most popular games of today.
Dott. Alessandro Cattarossi, Director of Casino Di Venezia said: “Our mission is to cater our customers with extraordinary experiences, and by adding games like ‘Link King’ and ‘88 Link Lucky Charms’ from Zitro to our game offerings, we are not only providing world-class entertainment to our distinguished clientele, but we are investing in performing products.”
Nadège Teyssedre, Commercial Director of Zitro for EMEA added: “We could not be more proud of being included in one of the top venues in Europe, and we are convinced that our games will add to Casino di Venezia’s overall success. I’d like to thank Casino di Venezia for their trust and we look forward to extending our cooperation converting it into a long-term friendship.”
‘Link King’, the multigame progressive link on the ultra-slim ‘Fusion’ cabinet that has caused a global hype in the gaming industry, and ‘88 Link Lucky Charms’, a multigame progressive bank that combines for the first time Zitro’s Link Bonus with a multiway game mechanic on the fascinating ‘Allure’ cabinet, are now available to play at Casino di Venezia in the elegant Italian city of Venice.
Spain based slot developer Triple Cherry has landed a deal with leading content aggregator Hub88, which will see its games distributed to Hub88’s wide range of operator partners.
The agreement will see the entire Triple Cherry portfolio, including titles such as Saint Fermin or Carnaval do Rio, sit alongside Hub88’s extensive collection of around 3,000 games from more than 40 of the world’s top casino developers.
Hub88’s operator partners will enjoy new titles featuring world-class graphics and geographically targeted content.
Triple Cherry CEO Juan Antonio Galindo said: “This partnership is a fantastic step forward for Triple Cherry. We are delighted to see our games reaching a wider, international audience, and there are few better ways to do that than via Hub88.”
Hub88 Director Vladimir Negine added: “We are always looking to add new and innovative content to our platform, and that is what drew us to Triple Cherry. Their experienced team is creating engaging casino games which can perform well across multiple jurisdictions.”
Enlabs submits proposals to the board of Global Gaming 555 AB
Zitro’s Video Slots Charm Players at Casino Di Venezia in Italy
Triple Cherry strikes Hub88 partnership
Merkur Increases Stake in Betcenter Group
Booming Games presents Howling Wolves
Online Gambling & Bitcoin SV: a partnership fit for purpose
Partouche Ends Partnership with Oshidori
Bilibili Signs Strategic Partnership with Riot Games
UK Casinos Urge Chancellor to Let Them Re-open This Month
Evoplay Entertainment signs Slotegrator deal
Popular Gambling App Exposed Millions of Users in Massive Data Leak
How the UKGC Ban on Credit Cards Affected Payment Provider Industry and Consumer Habits
Mobile Augmented Reality Market to Reach US$ 24 Bn by 2030 as Pandemic Pushes Users to More Virtual Experiences
How Online Gaming Casinos in the UK Have Prospered During Lockdown
Market rundown by the Baltic industry shareholders at MARE BALTICUM Gaming Summit 2020 (Tallinn)
MARE BALTICUM Gaming Summit returns as Europe’s first live event
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