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Gaming Innovation Group – Mandatory notification of trade

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Gaming Innovation Group - Mandatory notification of trade

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Reevo Enters into Partnership with Elitbet.bg

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REEVO, a leading provider of cutting-edge gaming solutions, has partnered with ELITBET.bg, a rapidly expanding online gaming platform in Bulgaria. This collaboration marks a significant milestone in both companies’ commitment to delivering top-tier gaming experiences to players.

Tsvetelina Ivanova, Chief Operating Officer of ELITBET.bg, said: “We are thrilled to announce our partnership with REEVO, a renowned leader in iGaming. This collaboration signifies a significant step forward in our commitment to delivering exceptional gaming experiences to our players. We are proud to expand the game offer of our Online Casino with high-quality products from REEVO. Thanks to this new partnership, we will offer our users an increasingly high-quality gaming experience and demonstrate our ongoing commitment to providing the best gaming experience, exceeding the expectations of the iGaming world.”

Petra Poola, Head of Sales at REEVO, said: “Partnering with ELITBET.bg is an exciting opportunity for us to further extend our reach in the Bulgarian market. We are confident that our innovative gaming solutions will complement ELITBET.bg’s commitment to excellence, providing their players with an unmatched gaming experience. We look forward to a successful collaboration that will benefit both our companies and the players we serve.”

The partnership with REEVO will enhance ELITBET.bg’s already impressive game offering, bringing a wide range of innovative and engaging content to its online casino. Players can look forward to an enriched gaming experience, with access to some of the most popular and sought-after slot games and live casino options available in the market.

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Latest News

kwiff introduces RG tool ‘Curfew’ to empower players with greater control

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kwiff introduces RG tool 'Curfew' to empower players with greater control
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kwiff, the super-charged sports betting service, has strengthened its Responsible Gaming commitment with the launch of its ‘Curfew’ tool. This innovative feature empowers players to take control by blocking access to our services during specific times of their choosing.

kwiff’s Curfew feature goes above and beyond player protection parameters by giving users the ability to restrict their access to gaming services based on hours of the day. This product improvement marks kwiff’s continued dedication to nurturing player welfare beyond regulatory requirements.

Ian Perrygrove, Chief Risk Officer at kwiff, commented: “Industry regulations don’t require this level of technical expertise, but through internal collaboration, we identified the opportunity to go further than the minimum set of tools and we are seeing positive early usage. Curfew offers a complete block of service access for designated time periods that are unique to the player’s own playing habits.”

Early adopter data shows that players are actively using it to manage their time. Interestingly, while many choose to block access after midnight, 24% of users are setting restrictions during the day – a reflection of our modern player base, who no longer conform to the traditional 9-to-5 lifestyle.

Curfew complements kwiff’s existing real-time player monitoring system which continuously tracks changes in player behaviour to identify potential signs of harm. This data-driven approach, combined with tools like Curfew, allows us to provide our players with personalised and proactive protection.

kwiff’s RG work was recognised by GamCare with the ‘Safer Gambling Standard’ certificate, which recognises leaders in the field of safer gambling.

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Compliance Updates

Spillemyndigheden: Status on Expected New Rules for Charity Lottery and Liberalised Land-Based Bingo

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On 20 March 2024, the government and all parties in the Danish Parliament reached an agreement on lotteries and liberalised land-based bingo. A bill to implement the agreement is expected to be presented when the Danish Parliament reopens in October.

Status on New Rules
A draft bill was sent out for consultation before the summer holiday, and the consultation period has now expired. The bill is expected to be presented when the Danish Parliament reopens in October.

The Ministry of Taxation will also send out a draft of a new executive order on charity lottery and an executive order on liberalised land-based bingo for consultation. It will appear on the Danish Gambling Authority’s website when it is possible to submit consultation responses to the executive orders.

“At the Danish Gambling Authority, we are working to be as ready as possible when the new rules are expected to be finally adopted later this fall. The Ministry of Taxation is in charge of the creation of the new rules, so for us at the Danish Gambling Authority, it’s about being prepared for when the new rules will be implemented,” the Danish Gambling Authority said.

“Among other things, we are preparing a new application process for charity lottery. Through a series of questions, it guides applicants to apply for the right licence for their lottery. It will also prepare them to comply with the rules once the applicants have been granted a licence and then hold a lottery.

“We are also preparing the application process for liberalised land-based bingo.

“As part of the preparations, a communication network has been established with representatives from a broad group of stakeholders. The purpose of this network is to target the guidance efforts so that the Danish Gambling Authority can provide the best possible guidance to associations, companies and others who want to hold a lottery for a good cause.”

Webinar on the New Rules for Charity Lottery
As part of the guidance efforts, the Danish Gambling Authority will host a webinar on Tuesday, 26 November 2024 from 1 pm (The webinar is in Danish). You can register now by sending an email to Simone Wellendorph Lehmann at [email protected], no later than 24 November 2024 at 12 noon.

The webinar will not cover the rules for liberalised land-based bingo. There will be separate guidance on this area. The webinar will be canceled if the bill is not passed at this time. If it is cancelled, it will be announced on the Danish Gambling Authority’s website.

Transition Phase from the Current to the New Charity Lottery Rules
In the draft bill that was sent out for consultation, it is planned that applicants will be able to apply for a licence under the new rules from 21 November 2024 with a possible start date for the licence from 1 January 2025.

If, due to planning or similar reasons, an applicant needs to apply for a licence before 21 November 2024, but does not want to hold a lottery until 2025, according to the draft bill, the applicant will receive a licence under the current rules, but with the option to let this licence lapse and then apply for a licence under the new rules after 21 November 2024.

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