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Norway initiates new limits to casinos

George Miller

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Norway initiates new limits to casinos
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Norway is one of those countries which is especially strict with its regulations in the gambling industry. While gambling online is still legal in Norway, the regulations make gambling almost impossible. Besides the strict regulations, the monopoly of the industry does not let many online casino operators be present in the market, and thus, the online casino players, are having a hard time choosing the right one.

With the global pandemic going on, the number of active casino players is increasing. This is due to the fact that land-based casinos are closed almost all over the world, and the only possible option for gambling is online. This is why all of the players have turned their backs to the brick and mortar gambling and instead are actively placing their deposits online.

While the pandemic might have definitely done good for online gambling, it definitely did not affect the online players positively. According to some research and statements, published by different affiliate websites, the number of problem gamblers has increased drastically, making officials consider their limitations and perhaps implement some new initiatives to prevent the problem of gambling.

Norway is just among those countries that decided to change and restrict its approach even more to the gambling industry. Norway’s online gambling monopoly is imposing new holiday spending limits. The limits have been increased recently as well, though in the first half of December the limits have been increased even more. On the other hand, PartyPoker plans to make this Christmas the worst ever possible.

Norsk Tipping was the first to announce the new regulations. The operator mentioned that it was reducing the mostly loss limits due to the higher risk of addiction by 25% to NOK7,500. The maximum daily loss limits on these games will be down to only NOK2K. Not only the online casinos made the announcements, but every other affiliate and third party representatives are also encouraged to deliver this news to the customers. The Gratis Spinn turned out to be quick on the action and made an almost instant announcement regarding the upcoming changes for the Norwegian customers.

The limits of the products

The products like KongKasino, eFlax, Bingoria, and Yezz will also be subjected to an extended time out period after one hour of continuous play. The previous 90second delay will now last for 15 minutes, which is a very big change. The company is also removing the “popular” tag from its most popular casino games, in order to attract less attention from the customers. The tags, as well as promotional messages, will be limited to the players aged from 18 to 25.

The pre-selected stakes on certain products are being set as low as practically advisable and Norsk Tipping warned that it is not ruling out a further “downward adjustment” of maximum betting stakes on certain casino products. The betting was limited for a long period of time, as every sports activity was canceled or postponed because of the pandemic and now, the betting limits are even more discouraging to the punters.

According to the Norsk Tipping, the limits have been very effective and efficient in fighting the problematic gambling with the online casino players. Though now unlike every other December, which is supposed to be the most lucrative month of the year, December is very much limited and no high hopes are placed on the operations. Though because of the doubled flow of the players, both because of the pandemic in December month, the accountability measures shall be in place before the end of January.

Asen Havnelid the CEO of Norsk Tipping said that the company will use its Playscan risk-analysis tool to monitor and control the measures with the intended effect. The tool is capable of controlling if the measure is in place and what kind of consequences they may bring. Also, according to the results of the data collected from December to January, the company will decide further actions regarding the new initiative, whether to continue or not.

Norwegian players facing new challenges

Meanwhile, Norwegian poker players reported receiving emails from PartyPoker this week informing them that the sites will prohibit further deposits. The new regulation was taken in place from the 17th of December. Norwegian players will lose the ability to make any kind of deposits, though they will be able to require the withdrawal of their winnings from the account past the 17th.

This is not the first case, players confessing on the PlayPoker emails. The hundreds of players from different countries received similar emails, stating that they will be limited to use PokerPlay services. This is especially discouraging for the players outside of the US, where no changes have been noticed. The company made a statement regarding their intentions, saying that PokerPlay, which is the child company of GVC Holdings, is planning to limit its operations in every other market, rather than the US, in order to improve the reputation and operate solely in the regulated country.

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Fruit Million a “Shapeshifter” Online Slot by BGaming

Niji Narayan

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Fruit Million a “Shapeshifter” Online Slot by BGaming
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Fruit Million, a traditional-style fruit slot released in the middle of December, has quickly become one of the most successful games in BGaming’s line-up.

It has become one of the top eight slots of a major casino in just 10 days. The slot with 100 paylines and features such as extended wilds and a gamble round surprises casino lovers with its simplicity and generosity. Furthermore, it is designed in a way that keeps players involved and entertained.

Thousands of players all over the world have plunged into the festive Christmas atmosphere of the Fruit Million slot, but it is now time to revert its skin to the standard look. Its attractive design and convenient interface will also excite both newcomers and experienced players.

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Compliance Updates

Stats Perform Receives IBIA Data Standards Accreditation

Niji Narayan

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Stats Perform Receives IBIA Data Standards Accreditation
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Stats Perform has become the first betting data provider to be awarded the International Betting Integrity Association’s (IBIA) independently audited Data Standards Accreditation for the collection and distribution of sports event data for betting.

The award represents the highest mark of betting data quality and integrity available and is assessed by expert independent auditors, eCOGRA.

“I am delighted to announce that Stats Perform is the first company to meet the data standards protocols IBIA published in October 2020. In passing the independent auditing process, Stats Perform has demonstrated secure and robust internal procedures for the collation of sporting event data for betting and may now utilise the Data Standards Kitemark,” Khalid Ali, CEO of IBIA, said.

“Stats Perform met every requirement set out in the data standards protocols. The company was well-prepared for the auditing process, and the evidence that was reviewed was representative of a company culture that is in line with the core principles of IBIA’s data integrity standards and committed to continually improving upon them,” Shaun McCallaghan, CEO of eCOGRA, said.

“This accreditation is thanks to tireless quality and integrity efforts from our sports data operations teams over the past 15 years and, whilst we’re grateful for the recognition, we know our efforts don’t stop here. We continuously search for new threats and assess opportunities to improve our sports data processes, people and technology,” Andrew Ashenden, Chief Betting Officer at Stats Perform, said.

“Stats Perform’s RunningBall and Opta sports data is chosen by the world’s leading rights holders, sportsbooks and pricing providers to power exceptional in-play betting experiences for millions of global sports bettors,” Andrew Ashenden added.

“Our priority at Stats Perform is the integrity of the betting markets and of the competitions upon which they rely. Effective risk management of our data supply chain involves ongoing investment, collaboration and commitment across numerous expert teams who live and breathe the quality of our product. We are very proud to be recognised by the IBIA for our dedication to quality and integrity,” Jake Marsh, Global Head of Integrity at Stats Perform, said.

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INTRALOT pick Algosport to provide innovative Bet Builder products

George Miller

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INTRALOT pick Algosport to provide innovative Bet Builder products
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Innovative UK based sportsbetting technology company Algosport are pleased to announce that they have signed an agreement to provide Bet Builder products to industry giant INTRALOT.

Under the terms of the deal, current and future INTRALOT customers will benefit from market-leading Bet Builder products initially for pre-match football, but with the ability to expand to include In:Play betting options across a wide variety of sports, with Cashout supported as standard. Unlike some other providers, Algosports proprietary technology will be housed within INTRALOT’s current platform infrastructure, increasing accuracy and robustness, plus reducing the latency and other problems seen with some API or feed-based solutions.

Leigh Herdman, CEO at Algosport, said, “This is a really exciting deal for Algosport, and we are really pleased to be working with INTRALOT, who are one of the biggest names in betting and gaming”

Alongside traditional same game multiples for sports such as soccer and basketball, Algosport are also continually enhancing the service and recently added innovative products for handball and snooker betting markets. In addition,
Algosport recently became one of the first providers to offer Bet Builder products for eSports titles such as FIFA 2020. These innovations have proved incredibly popular with operators, as eSports betting replaced some of the revenue lost due to Covid-related reductions in the sporting calendar.

Leigh Herdman, CEO at Algosport, concluded: ‘The signing of this deal, alongside the recently announced supplier agreement with EveryMatrix, makes for a really exciting time at Algosport and we look forward to providing INTRALOT clients around the world with our innovative products. 2020 has obviously been a particularly challenging year for the gambling industry, however we have big plans for Algosport in 2021 that will see the launch of exciting new products and services for our existing customers, as well as bringing aboard numerous new clients”

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