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Spotlight Sports Group Halves Time Spent on Supplier Management with Rizikon Pro from Crossword Cybersecurity


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SPOTLIGHT SPORTS GROUP SUPERFEED IN-PLAY CONTENT PROVEN TO INCREASE BETTING ENGAGEMENT BY 20%
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Processes automated and simplified, with improved visibility of supplier management and compliance.

Crossword Cybersecurity Plc, the technology commercialisation company focused on cyber security and risk management, is pleased to announce that Spotlight Sports Group, the digital publisher and integrated betting platform, has implemented Rizikon Pro, Crossword’s supplier assurance and third-party risk management platform for SMEs. As a result, Spotlight Sports Group has halved the time spent on supplier management, gained better visibility of supplier risks, and cut the costs of maintaining its ISO 27001 Information Security Management certification.

Spotlight Sports Group is the owner of Racing Post, which has been the home of horse racing in the UK and internationally since launching as a newspaper in 1986. Today, its all-digital platform offers breaking industry news, race results, statistics, tips, and betting platform integration. As part of a heavily regulated industry, Spotlight Sports Group invests huge amounts of time and effort to ensure it, and its 40+ suppliers, meet the governance, regulatory and compliance requirements of its industry.

Spotlight Sports Group wanted to automate its supplier management and onboarding processes, so that it could improve the experience for both staff and suppliers. A typical onboarding process requires a supplier to complete a host of forms about every aspect of its business operations. They are time consuming to manage for all parties, leading to delays, complications, and poor visibility of risks. One critical area that Spotlight Sports Group assesses suppliers for is the ISO 27001 Information Security Management certification, and the team could see a clear opportunity for this to be more efficiently managed.

Victor Mihailescu, Head of Security at Spotlight Sports Group, highlighted: “A lot of our team’s time and energy was being taken up by the existing processes – we wanted that time back so staff could focus on higher value tasks. We considered a range of solutions, from simple cloud-based forms, through to well-known third-party risk management platforms, which were expensive and over-complicated. Rizikon Pro, which is aimed at SMEs, offers us by far the best fit for our supplier management needs with its balance between functionality, collaboration features and flexibility.”

Rizikon Pro is a secure, encrypted portal which puts an organisation in control of managing risks in its supply chain and the financial, regulatory and reputational risks they indirectly carry. Rizikon Pro contains standard questionnaires on subjects such as cyber security, GDPR, supplier on-boarding, modern slavery, and anti-bribery & corruption. Customers can also create their own question sets and scoring approaches, enabling a 360-degree view of supply chain risk in a single pane of glass.

 

A rapid implementation with 50% time saving

Implemented in a matter of weeks, using ‘out-of-the-box’ questionnaires and very little customisation, Spotlight Sports Group was able to move quickly from a trial to a live solution, with immediate efficiency gains for day-to-day process. For example, a new supplier can be added to the Rizikon Pro platform in under five minutes, sending out questionnaires for supplier completion via a Spotlight Sports Group branded, encrypted secure portal. Supplier onboarding has been greatly improved in part by Rizikon Pro’s integration with CreditSafe, which combines questionnaire responses with data on over 320 million companies worldwide, including their credit risk scores, saving staff a huge amount of time.

Mr. Mihailescu added: “All of our supplier onboarding communication and management now takes place in Rizikon Pro. As a result, we have halved the time we spend on supplier management and made the process easier for our suppliers. All the information and discussions about questionnaires is kept in one place and we can clearly see when and by whom forms were completed, removing any non-repudiation risk.”

 

More savings to come with Rizikon

Spotlight Sports Group can now easily and transparently demonstrate to auditors its compliance processes, which are reinforced by Rizikon Pro. For example, the team can identify suppliers that need encouragement or support to complete questionnaires, which is an important step to ensuring compliance. Spotlight Sports Group predicts even greater time savings in the future, because the anniversaries on which suppliers must review and update their compliance data will be automated by Rizikon Pro. This will further reduce the risk of non-compliance and remove administrative overheads.

Mr. Mihailescu concluded: “Our focus so far has been on our ISO 27001 certification and supplier onboarding, but we are already looking at other areas of compliance that can benefit from Rizikon Assurance. We’ve had a great relationship with the Crossword team, who have been both enthusiastic and responsive to our feedback on ideas and new features for Rizikon Pro. The platform and team have met all our expectations.”

Sean Arrowsmith, Group Sales Director at Crossword, commented: “Good governance and compliance has become increasingly important for companies of all sizes, but can be a real challenge for SMEs. Most companies would be horrified if they calculated the amount of time and risks involved in running poorly implemented supplier management and compliance processes. Spotlight Sports Group implementation of Rizikon Pro, which we launched last year aimed specifically at supporting SME organisations, demonstrates what can be quickly and easily achieved when companies implement the right solution and a robust supplier assurance framework. Ease of implementation alongside successful partnership programmes, has been key in driving a tenfold increase in the use of Rizikon over the last six months, to over 250 users.”

eSports

ESL FACEIT Group brings world-class Dota 2 action to Germany with the ESL One Berlin Major powered by Intel®

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ESL FACEIT Group brings world-class Dota 2 action to Germany with the ESL One Berlin Major powered by Intel®
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ESL, an ESL FACEIT Group brand, announced the next ESL One Dota 2 Major, powered by Intel® which will be held in Berlin, Germany, on April 26 – May 7, 2023.

18 of the world’s best Dota 2 teams will battle it out for their share of the $500,000 total prize pool and a chance to play in front of their fans at Velodrom during the final three days of the competition. Furthermore, with the Major, the competing teams can earn the valuable Dota Pro Circuit (DPC) points needed to qualify for the renowned Dota 2 Championship, The International 12 (TI 12), which will take place later this year.

“We’re super excited to welcome the world’s best Dota 2 teams to Berlin for what promises to be a spectacular Major,” said Shane Clarke, Director Game Ecosystems at ESL FACEIT Group. “Last year, with the ESL One Stockholm Major, fans from all around Europe and beyond already showed an incredible support. We can’t wait for the top players to enter the live stage at Velodrom and feel that phenomenal atmosphere once again.”

Dota 2 teams from Eastern Europe, Western Europe, North America, South America, Southeast Asia, and China can look forward to a spectacular conclusion of the DPC Spring Tour 2022-2023. The two to four best teams of each region will travel to Berlin, Germany, as they qualify for the ESL One Dota 2 Major.

The ESL One Berlin Major starts on April 26 with the Group Stage, which uses a best-of-2 round-robin format. Here, the participating teams will be split into two groups of nine teams and compete in a studio environment. The top six teams of each group proceed to the double-elimination Playoff Stage which takes place in front of a live audience at Velodrom in Berlin, on May 5 – 7, 2023.

Commencing April 26, fans from around the globe can tune in during the live transmissions on ESL’s Dota 2 Twitch and YouTube channels and via dedicated broadcast partners.

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STANLEYBET GROUP AT ICE LONDON 2023

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STANLEYBET GROUP AT ICE LONDON 2023
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Magellan Robotech, the B2B brand part of Stanleybet Group that creates game solutions for game operators and virtual 3D games, will unveil the new release of LIVE virtual football “Falcon” at ICE.
It is a real interactive innovation that Magellan Robotech, with its new “Falcon”, brings to the ICE and throughout the sector.

The experience of live betting on “Falcon” includes games of 30 minutes, with 5 minutes of half-time and pre-game; the chance to score from 14 to 20 goals per game, depending on the strength of the teams; betting suspension of 10-40 seconds (depending on the frequency of the goals scored).
Artificial intelligence is fully extensible; 360° range of movements (the system can consume new animations on the fly to continue expanding movements’ diversity). AI governs each player to create dynamic and exciting game interactions.

In addition to the highly anticipated Virtual Falcon at ICE, it will be possible to see all Company’s virtual products range and the exciting new version of football “Trident”, the EURO.
Euro Trident takes the Trident formula to the next level by giving the customer four times the number of events open to cross bet with games starting every minute. It contains the major European leagues and 40 events in a 4-minute window – allowing large combination bets in a small-time frame.

«We are very proud to unveil the last release of Virtual Falcon – says Giovanni Garrisi, CEO of Magellan Robotech and Stanleybet Group – our first virtual football to play in “live mode” and the new virtual Trident EURO. Both these new products confirm the path of innovation that has always distinguished this Company since its foundation. Magellan Robotech is a research lab in which we constantly strive for innovation as the only way to be competitive. All our virtual products are tested and trialled in our international land-based network before launching them in the B2B market. Being operators first allows us to adjust, collect final players’ feedback and refine products to perfection. We understand operators’ needs as we are clients before being providers.”

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Baltics

Passport Technology Partners With Olympic Park Casino Estonia to Provide First Quasi-Cash Service in the Baltics

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Passport Technology Partners With Olympic Park Casino Estonia to Provide First Quasi-Cash Service in the Baltics
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Passport Technology Inc. (Passport), a leading provider of payment technology solutions for the gaming industry, announced the launch of its CashValet® cash access service at Olympic Entertainment Group’s flagship casino Olympic Park Casino. This represents a significant advancement for the Baltic region, as Olympic Park Casino will now offer the first quasi-cash service of its kind.

“We are always looking for new and innovative solutions to provide our Olympic Casino customers with the highest standard of service across all channels. With the ever-evolving landscape, there is a greater need to integrate online and land-based operations,” said Peeter Tamla, IT Director of Olympic Entertainment Group. “The quasi-cash solution is ideal for showing our expertise in this field, making our customers’ experience comfortable and convenient and their financial transactions secure while adhering to the highest standards of security and compliance.” As stated by Tamla, many companies offer various services in the payment technology field; however, Passport has established itself as a leading provider for large businesses.

Passport’s CashValet is a premier quasi-cash solution that offers casinos a comprehensive and efficient means of facilitating immediate transactions with maximum approval amounts for patrons and VIP guests. Its level of security, privacy, and regulatory compliance ensures that both employees and patrons of Olympic Park Casino can experience the latest innovative technology.

“Passport Technology continues to set the standard for product innovation and market expansion,” said Helen Bowditch, Vice President of Business Development at Passport. “We are honored to have the opportunity to partner with Olympic Entertainment Group and are thrilled to introduce the Baltic region to the industry’s most advanced quasi-cash service for brick-and-mortar casinos.” The partnership with Olympic Entertainment Group will allow Passport Technology to expand its reach in the market and offer its cutting-edge payment technology solutions to a broader audience.

CashValet offers a range of features such as real-time reporting, dynamic fee structures, free play credits, responsible gambling features, self-exclusion options, and enhanced privacy protocols. As the premier provider of payment technology solutions, Passport’s CashValet is the only PCI-DSS Level 1, P2PE-certified, cloud-based solution available. It is also available in multiple form factors, including the new wireless device, enabling a wide range of use cases in accordance with jurisdiction and operator requirements.

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