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UK BGC Welcomes Minister’s Vow that Gambling Review will “Strike Right Balance” Between Protecting Vulnerable and Enjoyment for Customers

Niji Narayan

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UK BGC Welcomes Minister’s Vow that Gambling Review will “Strike Right Balance” Between Protecting Vulnerable and Enjoyment for Customers
Reading Time: 2 minutes

 

The UK Betting and Gaming Council (BGC) has welcomed a pledge by DCMS minister Nigel Huddleston that the Gambling Review will “get the right balance” between protecting the vulnerable and not spoiling the enjoyment of customers.

The Minister made his comments in an address to the BGC’s annual general meeting. The government is expected to launch its review with a call for evidence from interested parties within days.

“The call for evidence will be a genuine appeal for anyone with an interest in the gambling industry to submit their views, and I’m very keen for BGC members to contribute. We want to make sure regulation is right for the digital age and we also want to get the right balance between the fun that people can get from gambling and the obligation to protect vulnerable people,” Huddleston said.

The minister also welcomed the steps taken by the BGC and its members to help protect customers during the pandemic.

“I welcome the commitments you have made, such as the 10-point pledge over lockdown, and I encourage you to keep working closely with the regulators to minimise the risks that have arisen during the pandemic,” Huddleston said.

A spokesperson for the Betting and Gaming Council said: “As the standards body for the regulated industry, we have called for the Government’s Review to be wide-ranging and to provide an important opportunity to drive further change.

“It is important that the Review is evidence-led and strikes the right balance between protecting the vulnerable, whilst not spoiling the enjoyment of the estimated 30 million people who enjoy a bet at least once a month – the vast majority of whom do so perfectly safely – and driving them into the arms of the unregulated online black market. That’s why we were encouraged by Nigel Huddleston’s words to that effect when he addressed our AGM.

“We hope that everyone has their say in the Review – including millions of people who enjoy a bet, as well as the 100,000 who work in the industry.”

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SoftSwiss updates Pay N Play by Trustly for online casino projects

George Miller

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SoftSwiss updates Pay N Play by Trustly for online casino projects
Reading Time: 2 minutes

 

SoftSwiss has recently introduced new technical updates for the Pay N Play payment method by payments service provider Trustly. 

The new developments will enable SoftSwiss online casino clients to activate all currently available markets seamlessly and hassle-free at once.

SoftSwiss Online Casino Platform future and prospective clients can now activate all available payment markets. The new add-ons will boost the productivity of the Platform as well as increase its player retention and conversion rates. The Pay N Play by Trustly is being offered to the operators running brands on the SoftSwiss Online Casino Platform since the beginning of 2020. Since then, it has proved itself to be a major time-saving tool, eliminating time-consuming player verification procedures.

Pay N Play is a technology developed by the payments service provider Trustly that allows players to deposit almost immediately after arriving at your online casino. In short, everything the player has to do is log in to the casino by securely using their own bank ID. The game starts instantly and effortlessly.

Vadim Drozd, PSP Team Lead at SoftSwiss noted: “SoftSwiss’s motto is to always strive to provide our clients with up-to-date technological solutions that will help them to have a positive impact on their business development. The new Pay N Play update will help our clients to save precious time as well as build and increase player loyalty”.

 

About SoftSwiss

SoftSwiss is an international tech brand supplying widely acclaimed, certified software solutions for managing iGaming operations. SoftSwiss holds a number of gaming licenses, providing a “one-stop-shop” white label solution by taking care of all technical, legal, and financial processes on behalf of its customers. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, an affiliate platform, and a recently launched sportsbook platform. In 2013 SoftSwiss was the first in the world to introduce a bitcoin-optimized online casino solution. The company has thus been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming.

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Gambling Venues in Denmark to Remain Closed Until April 5

Niji Narayan

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Gambling Venues in Denmark to Remain Closed Until April 5
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The Danish Government has announced that casinos and gaming halls across the country will remain closed until April 5 at the earliest, in line with extended novel coronavirus (Covid-19) restrictions.

Venues temporarily shut in December last year after the government extended national Covid-19 measures until February 28, with the aim of opening early in 2021.

However, as Covid-19 case rates remained higher, venues have been kept closed in an effort to prevent further spread while Denmark commenced its vaccination programme.

In its latest update, the Danish Health and Medicines Authority announced that despite some relaxation of measures, casinos, gaming halls and restaurants will remain shut until at least 5 April.

A selection of other venues such as some non-essential shops and outdoor visitor attractions will be able to reopen in some regions, while certain year groups will also be allowed back into schools in select areas. All other measures, including travel restrictions, will remain in place until early April.

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Five Groups Qualify to Enter Next Phase of Nagasaki IR Process

Niji Narayan

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Five Groups Qualify to Enter Next Phase of Nagasaki IR Process
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All the five groups that entered Nagasaki prefecture’s request-for-proposal (RFP) process with the aim of participating in its bid for an integrated resort (IR) licence have qualified for the next phase of the process.

The five groups are: a consortium led by Oshidori International Holdings Ltd; Casinos Austria International Japan; Current Group; the Niki Chau Fwu (Parkview) Group; and One Kyushu, a consortium between Tokyo-listed Pixel Companyz Inc and French gaming operator Groupe Partouche SA.

The prefecture will complete a “first round” of evaluation of would-be partners this month to reduce the list of bidders to three. After that, a second round will include a “competitive dialogue” with would-be partners. The groups will then have to present their projects in August for the prefecture to make a final decision.

Japan plans to initially approve three integrated resorts in the country. Proposals must include a casino, tourism attractions, hotels and meeting spaces.

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