Compliance Updates
Amber Gaming welcomes back Scott Young as Operations Director
Amber Gaming announces the appointment of Scott Young as Operations Director, to spearhead ongoing compliance initiatives.
Scott joins the Amber Gaming board and will play a pivotal role in strengthening the standards of compliance and client support, further cementing the company’s commitment to best-in-class services recognised globally.
With nearly two decades of experience in the eGaming industry, Scott’s expertise spans multiple landscapes and business types.
Scott departed the business in 2018 to join one the largest Isle of Man GSC licence holders facing Asian Markets. Here, Scott engineered a compliance programme that not only met and exceeded regulatory requirements but was also commercially viable and allowed for significant year-on-year growth. This challenged the traditional view that heightened compliance hampers commercial expansion.
In early 2020, BetVictor sought Scott’s experience and he joined the business as Group Director of Compliance where he made significant strides in successfully restructuring and refreshing compliance programs across the group.
After successfully navigating the challenging Covid times, Scott left BetVictor to reprise his previous role as Head of Compliance & Money Laundering Reporting Officer with Mayfly Entertainment, where he enjoyed further successes including a term as Managing Director of the business.
His qualifications include certifications in International Financial Crime Prevention (ICA), GDPR Data Protection Practitioner (PDP), and a host of AML/CFT, Responsible Gambling, Regulatory Governance, and Compliance certifications. He has been a member of the eGaming Strategic Advisory Board (eGSAB) and most recently, a member and contributor to the Isle of Man National Risk Assessment AML Advisory Group.
Jade Zorab, Managing Director of Amber Gaming, commented: “We are so pleased to welcome Scott back to the Amber Gaming team, whose focus remains on working with high calibre partners that share our outlook about conducting business responsibly. Scott is arguably one of the most experienced eGaming professionals in our field and his commitment to excellence embodies the standards that comprise our ethos.”
Scott Young added: “I am thrilled to rejoin the Amber Gaming family at the most pivotal time. While familiar, Amber Gaming has grown significantly since my time with them. This has brought new faces, novel concepts and fresh challenges, all of which I look forward to meeting over the coming months.”
Asia
Chinese Football Bans 43 for Life Over Gambling and Match-Fixing Scandal
Chinese football authorities have banned 43 individuals for life due to their involvement in gambling and match-fixing scandals. The list includes three former China international footballers and South Korean World Cup player Son Jun-ho.
China’s extensive football corruption crackdown campaign has been ongoing since 2022. The National Sports General Administration and the Ministry of Public Security have led efforts to address issues of match-fixing and gambling in the sport. They have investigated over 120 matches, involving 83 players, referees, coaches and club officials. To date, 44 individuals have been sentenced, with 34 receiving prison terms.
The recent announcement of these lifetime bans came shortly after the national team’s 7-0 loss to Japan.
Son Jun-ho, who played for Shandong Taishan in the Chinese Super League and represented South Korea in the 2022 World Cup, has been accused of participating in match-fixing and accepting bribes. Son returned to South Korea in March 2024 after being detained in China since May 2023. The authorities initially stated that he was held “on suspicion of accepting bribes by non-state employees” but did not provide further details.
Other notable figures banned include Jin Jingdao, a former Shandong Taishan player, and Chinese international players Guo Tianyu and Gu Chao.
Compliance Updates
Comtrade Gaming Obtains Romanian License to Distribute Games
Comtrade Gaming’s CG Games division has announced its approval for the distribution of casino content in Romania.
The license will allow players in Romania to access a range of games from the CG Games portfolio, including Sweet Treasure, Crash Soccer, Wild Miner, Diamond King, Break the Bank and many more.
“This is a key step for CG Games. We have been very successful in the Romanian market for many years, with our iGaming Platform, and this extension of our license means we can increase our offering to our partners. It also now allows us to work with all operators in that market, regardless of the platform they use, and we are very excited to bring our games to this market,” said Comtrade Gaming’s Chief Commercial Officer, Steven Valentine.
Compliance Updates
Betsson Group shortlisted for 4 awards at the Global Regulatory Awards
Betsson Group has managed to secure four award nominations for the 8th edition of the Global Regulatory Awards. Held annually since 2017, the awards hosted by Vixio, a leading provider of regulatory intelligence solutions, recognise the achievements of individuals, teams, and organisations in the gaming industry that have excelled in compliance, corporate social responsibility, and safer gaming.
According to the official website of the Global Regulatory Awards, Vixio received a record number of submissions this year, making 2024 their most competitive year by far.
The 2024 Global Regulatory Awards ceremony is scheduled to take place in London on 4th December 2024.
Betsson Group is shortlisted for three company awards and one individual award.
1. Commitment to Compliance by an Operator
This award celebrates a leading compliance initiative by a gambling operator that has significantly improved internal expertise and set a new standard for industry best practices. The judges will look for an initiative that demonstrates transformative improvements in processes, technology, reporting, and training, while also promoting best practices across the sector.
2. Chief Compliance Officer of the Year – Corinne Valletta
This award celebrates an exceptional compliance leader who consistently exceeds expectations, expertly navigates regulatory challenges, and has significantly elevated the compliance standards within their organisation through pragmatic solutions, operational transformation, and thought leadership. The award seeks a leader who actively collaborates with management, their team, and regulatory bodies to foster a culture of compliance. Judges will look for concrete examples of the nominee’s impact, including industry conference appearances, introduced training initiatives, and demonstrations of thought leadership.
3. Compliance Team of the Year
This award honours a compliance team within an organisation that actively fosters a culture of compliance, responding effectively to regulatory changes and driving their organization to lead in new compliance standards. Judges will evaluate how the team has cultivated a compliance-focused culture, collaborated across the organisation, initiated training, and influenced business practices and industry engagement, including with trade associations. Special consideration will be given to teams that have led their organisation into new compliance jurisdictions in emerging markets.
4. Legal Team of the Year
This award recogises a legal team that protects the company’s reputation by ensuring compliance with regulations, demonstrating exceptional problem-solving, analytical, and organisational skills, and proactively advising management. Judges will assess how the team promotes best practices, keeps the business ahead of regulatory changes, and minimises the impact on both the bottom line and daily operations.
In conclusion, the above nominations highlight Betsson’s strong compliance culture and commitment to raising its standards in compliance to ensure a safe and stable business.
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