Eastern Europe
MONEYVAL: Georgia should increase the use of financial intelligence in casino industry
The Council of Europe’s anti-money laundering body MONEYVAL has urged the Georgian authorities to strengthen the practical application of their measures to combat money laundering and financing of terrorism. In a new report it calls for making more efforts to use financial intelligence to detect and investigate money laundering, as well as for strengthening the supervision and regulation focusing on the high-risk non-financial sectors, especially casinos. The report assesses the effectiveness of Georgia’s system for countering money laundering and financing of terrorism system and its level of compliance with Recommendations issued in 2012 by the Financial Action Task Force (FATF).
The report acknowledges that Georgia displays a fair understanding of many of its money laundering and terrorism financing risks. Shortcomings exist regarding identification, in-depth analysis and understanding of some threats, vulnerabilities and risks. Notably, the understanding of risks needs to be developed further in the following areas: use of cash in the economy; the real estate sector; trade-based money laundering and terrorism financing (including in free industrial zones of Georgia); the activities of legal persons; and the use of non-profit organisations (NPOs). Read the report here.
Source: coe.int
Eastern Europe
Amusnet Enters into Partnership with Vivabet
Amusnet has entered into a partnership with the Romanian operator Vivabet. This collaboration strengthens the company’s market positioning while aligning its top-notch gaming offerings with local players’ preferences.
“Joining forces with Vivabet embodies our dedication to expanding the company’s footprint in Romania. We are particularly excited that our slot game, Aztec Dice, was exclusively launched on their platform prior to the official release in the market. By combining our cutting-edge gaming technology with their deep understanding of local player preferences, we are poised to deliver an unparalleled gaming experience that resonates with audiences nationwide,” said Stefan Folea, Account Manager at Amusnet Romania.
“We are delighted to enter into this partnership with Amusnet. Our collaboration will bring new opportunities to expand and diversify the products offered to our customers, and Amusnet’s innovation and expertise are key components of this strategy. We are confident that, together, we will be able to offer a superior gaming experience, setting new standards in the online gambling industry,” said Mirela Enache, Chief Operating Officer of VIVA GAMES SRL.
On the Romanian operator’s platform, players can explore Amusnet’s most popular such as 20 Golden Coins, Aztec Dice, 40 Power Hot, Candy Palace, Bulky Fruits, Diamond Plus, Extra Crown, Virtual Roulette and the newest titles like 27 Eternal Hot and 7 & Crystals.
Compliance Updates
BetConstruct Acquires New Romanian Licence for Casino and Fixed-Odds Betting Activities
BetConstruct is eager to announce that the company has acquired the prestigious Romanian Remote Gambling B2C Licence.
This licence, granted by ONJN (Romania National Gambling Office), enables BetConstruct to cater to Romanian users within the full scope of regulatory compliance, ensuring safe and secure gaming experiences.
Betconstruct’s team notes that this achievement marks the culmination of a rigorous and comprehensive process to meet the stringent regulatory standards set by Romanian authorities.
It underscores the company’s unwavering commitment to adhering to the highest industry standards, providing their Romanian customers with secure, dependable, and enjoyable gaming services. As BetConstruct celebrates this milestone, the company remains dedicated to promoting responsible gaming and is eager to expand into new markets in the future.
Obtaining the Romanian Remote Gambling B2C Licence is evidence of BetConsturct’s adherence to upholding responsible gaming policies and demonstrates how the company ensures that users can enjoy secure gaming experiences with the company’s innovative products and services.
Eastern Europe
Endorphina Announces Partnership with Ukrainian Online Casino Casino.ua
The leading online slot provider, Endorphina, has recently partnered with Casino.ua, a licensed Ukrainian online casino. This collaboration brings Endorphina’s innovative slots to Casino.ua’s platform, expanding its game portfolio and offering more variety for players.
This partnership signifies Endorphina’s continued focus on expanding its reach in regulated markets and making its games accessible to a broader audience. With a strong track record of partnerships in 2024, Endorphina is confident this collaboration will further their goals.
“This partnership with Casino.ua is a great opportunity for Endorphina to expand as a slot game provider in Ukraine and grow in a highly competitive market. We’re very excited about this collaboration and grateful for this wonderful opportunity to partner with such a prominent Ukrainian online casino,” said Maryna Iliukhina, PR Manager at Endorphina.
Casino.ua is a licensed Ukrainian online casino offering over 7,000 online entertainment options, including instant games, slots, table games, live games, tournaments, and promotions. The platform values the safety and comfort of its users, striving to create a high-quality gaming experience.
“We are thrilled to partner with Endorphina, a top software developer in the gaming industry. Their games blend innovation, quality, and immersive gameplay, seamlessly aligning with our vision. Together, we’re committed to delivering outstanding experiences and exciting opportunities for Casino.ua players,” said Casino UA’s team.
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