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GAMSTOP ANNOUNCES RECORD REGISTRATIONS IN 2022

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GAMSTOP on-site at UK Freshers Weeks to highlight value of self-exclusion to new wave of students.
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GAMSTOP, the free, independent national self-exclusion scheme for online gambling, has today revealed that a record 84,000 people registered in 2022, the highest annual figure since the service launched in April 2018.

In total, 341,365 people have chosen to self-exclude from online gambling sites since GAMSTOP’s launch with an increase of 5% new registrations over the last 6 months, compared to the equivalent period in 2021, and a 6% increase for the whole 12 months.

The continuing growth in registrations indicates that self-exclusion is an increasingly important tool for people experiencing issues with their gambling to take a break and seek further support.

In the last six months, almost 1 in 4 users (24%) have chosen to self-exclude for at least a year, with 48% registering for a five-year exclusion – the longest timeframe available. GAMSTOP’s users remain enrolled in the scheme when their exclusion expires, unless they request to be removed.

The service was used across all age groups in 2022, with more than 40% typically aged 25-34; around one in four, aged 35-44; and nearly one in five, aged 18-24. Typically, around seven out of ten users are male, although in August 2022, 34% of new signatories were female – the highest percentage last year.

Since launching in 2018, annual data has shown a seasonal pattern of registrations for both men and women, with the highest volumes usually seen during the winter months. However, during the second quarter of 2022 this trend shifted, and the highest number of registrations ever recorded on a single day was on July 1st with 371 new users enrolling.

GAMSTOP CEO, Fiona Palmer said: “Whilst we are unable to single out one factor that has contributed to the rise in registrations at GAMSTOP, it is likely that the current economic climate and affordability of living costs has influenced the decisions people are making about their lifestyles and expenditure. In 2022 we saw more than 80,000 new registrations which is a step towards supporting even more people. However, as we see an increase in the number of those registering with GAMSTOP, it’s important we continue to raise awareness amongst friends and family of those who most need it and that we continue to work with bank blocking and other support services to provide a comprehensive solution”.

Jack Scott, 27, from Stone in Staffordshire is a recovering gambling addict who registered with GAMSTOP after his addiction began to spiral out of control. Jack was losing 75% of his wage as a steel worker each month to gambling sites, but after two years of self-exclusion he has successfully overcome his issues. He discovered a passion for professional ultra-marathon running and recently finished second in the toughest long distance run on the planet, The Montane Spine race.

Jack said: “I was literally just bouncing from week to week without any purpose. I would look in the mirror and not recognise who I was. It’s sad to say now, but on a few occasions, I thought this was who I was going to be for the rest of my life. I couldn’t see a way out or a way to change. It was two years ago when I registered with GAMSTOP and cut myself off from gambling. Life has improved dramatically since then and so has my running.

GAMSTOP will attend the International Casinos Exhibition (ICE) as an exhibitor within the Consumer Protection Zone (CPZ) on the 9th February 2023, at ExCel London. Over the last five years, the CPZ has played a significant role in highlighting progress in technology, tools and research to ensure safer gambling practices are improved and broadly adopted.

GAMSTOP CEO, Fiona Palmer will join a panel of speakers to lead the conversation “Collaboration to Raise Standards and Broaden the Impact” from 12:15-13:00.

Compliance Updates

Gammix Limited slams “outrageous and unsubstantiated” €19.7m KSA penalty

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The operator vows to fight on all fronts against the Dutch regulator’s ‘unjust’ ruling.

Gammix Limited has announced its intention to contest the “outrageous and unsubstantiated” penalty handed to them by the Netherlands Gaming Authority (KSA).

In response, Gammix stated that the record €19.7m penalty imposed is based on “falsified data, extreme inaccuracy and highly suspect mathematics”.

In the ruling the regulator said that Gammix was adjudged to have allowed online gambling access for Dutch consumers, as well as not requiring age verification upon sign-up – something the company wholeheartedly disputes.

Gammix reports that accounts used to access its sites during the investigation were created in Luxembourg, with deposits made via credit card. Gammix added that such action violates the sites’ terms and conditions, specifically the provision of false information upon sign-up.

The operator asserts that the penalty, totalling €19,679,000, has been calculated using figures from a proprietary web-traffic aggregation service and a multiplier of 240 Euros per click. Gammix believes this would show turnover that doesn’t exist.

Furthermore, Gammix strongly condemns the KSA’s “mystery shopper” style of investigation, which, the operator states, is an unjust basis for this record-breaking penalty.

Phil Pearson, Director of Gammix Limited, has vowed to “fight on all fronts until it receives an apology and retraction!.

He said: “The KSA has imposed upon our company a penalty that is both outrageous and unsubstantiated. Now that we are able to talk openly about the case, we can confirm that we are fighting on all fronts as, to us, this is an extraordinary and unnecessarily heavy-handed action from a regulator that many already regarded as unapproachable.

“When we received the first notice of a possible penalty, we reached out to them to say we have blocks in place. We also asked for any information they had that was material to the investigation, to ensure we remained in compliance with all guidelines  – a request they appeared to ignore. Our lawyers also approached the regulator, in writing, to gain more information, but again no response was forthcoming.

“We had enabled a block on Cloudflare for any Dutch IP, we have no Dutch language or direct Dutch payment methods, and categorically do not target Dutch traffic. If affiliates list any of our brands on Dutch-facing sites, we cannot be held responsible for those promotions. However, once players reached the end site, they would not be able to register an account.”

Pearson concluded: “This fine is an absolute joke, and we will contest this in every possible way, at every possible turn. We will only rest once this outrageous penalty has been rescinded and we have received the apology we deserve.”

 

 

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MiFinity Recognised for Information Security Excellence with ISO 27001 Certification

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MiFinity, an award-winning eWallet provider, proudly announces the achievement of ISO 27001 certification, a testament to its unwavering commitment to safeguarding sensitive information.

The attainment of ISO 27001 marks a significant milestone in MiFinity’s journey, underscoring its dedication to maintaining the highest standards of information security management. Following months of rigorous assessment and preparation, the payment services company has successfully demonstrated its adherence to the internationally recognised criteria, ensuring the confidentiality, integrity and availability of information across all operational domains.

The Chief Executive Officer for MiFinity, Paul Kavanagh, emphasised the significance of this achievement, stating: “Attaining ISO 27001 certification underscores MiFinity’s commitment to preserving the integrity of data and maintaining robust information security protocols across our operations. By doing so, we will further strengthen our resilience and ensure the ongoing protection of our valuable assets. I extend my sincerest congratulations to our entire team for their collective efforts in realising this significant milestone, which reflects our relentless pursuit of excellence.”

The Information Security Manager for MiFinity, Alan Ludden, commented further on this achievement, stating: “ISO 27001 certification not only validates our proactive approach to managing information security risks but also reinforces our credibility and trustworthiness in the eyes of our customers, partners, merchants and stakeholders. It positions us as a reliable custodian of their confidential information, further enhancing our competitive edge in the payments market. This was a team effort and wouldn’t be possible without the dedication and collaboration from across the company.”

ISO 27001 is the internationally recognised standard for information security management. It provides a framework for organisations to establish, implement, operate, monitor, review, maintain and continually improve an information security management system (ISMS). By implementing its best practices, organisations increase their security posture protecting them from cyber threats and enhancing data protection.

Looking ahead, MiFinity will continue to uphold the principles of ISO 27001, continuously improving its information security management system and staying abreast of emerging threats and best practices.

For more information about MiFinity and its ISO 27001 certification, please visit www. MiFinity. com.

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French Publisher TapNation tops Financial Times FT1000 list of Europe’s Leaders in Tech Media

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TapNation, a Paris-based leading mobile app publisher has been identified in the FT1000’s ranking of fastest-growing companies in Europe. TapNation, known for its work in the mobile app and gaming space, has ranked in the Top 14 of companies according to FT1000’s data provider Statista. Among the Media and Entertainment categories, TapNation has secured the number 1 ranking among all companies across Europe.

This announcement falls on the heels of a recent announcement that TapNation was also the Top ranked company of the esteemed Les Echos “Champions de la Croissance 2024” French ranking, representing the fastest-growing businesses in France. These accolades underscore TapNation’s commitment to innovation, growth, and excellence in the competitive mobile app industry.

A Leader in Mobile App Entertainment

These two recognitions followed a 2023 year of enormous growth for TapNation, which began with their selection for the French Tech 120 program, a government program that scales up promising new start ups within France’s tech space.

Additionally, earlier in January of this year, TapNation acquired UAHero, a leading monetization and user acquisition platform, as a subsidiary to diversify their presence in the mobile market. And even more recently, TapNation announced a 15M€ fundraising before signing a partnership with the Web3 platform Immutable to deliver new Web3 functionality for their player base.

“We are immensely proud of the work we’ve been able to accomplish over the last year,” says TapNation Co-founder , Hervé Montoute. “We are honored to be recognized as the Top ranked French company for business growth, and how that ranking reflects in our position within the broader European market. 2024 is on track to be our best year yet, and this distinction reflects the hard work of our teams and our dedication to excellence.”

“This distinction also supports the growth of France’s domestic game and entertainment industry, as we are deeply committed to supporting growing studios both domestically and beyond.”

As of 2024, TapNation games have surpassed over a billion downloads worldwide across multiple markets and genres.

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