Latest News
LiveG24 Secures Renewal of MGA License Until 2034
LiveG24, a leading company in the development of live online gaming solutions, proudly announces the renewal of its B2B gaming license issued by the Malta Gaming Authority (MGA) until 2034. This significant achievement further strengthens LiveG24’s position in the regulated gaming sector, reaffirming the company’s commitment to innovation and compliance.
In addition to the Maltese license granted in 2005, LiveG24 holds B2B licenses issued by the Hellenic Gaming Commission (Greece) and the UK Gambling Commission (United Kingdom), solidifying its presence in some of the most regulated and competitive markets worldwide. The company is also certified to operate in Italy and is currently in the process of obtaining certification to enter the regulated Brazilian market, as part of its ongoing expansion into emerging jurisdictions.
The renewal of the MGA license allows LiveG24 to continue offering its products and services internationally, ensuring operators and players a safe, transparent, and compliant gaming environment that meets the highest regulatory standards. The Malta Gaming Authority, recognized as one of the industry’s foremost regulatory bodies, ensures that all operations adhere to current regulations, safeguarding players and maintaining the integrity of gaming platforms.
“We are extremely pleased with this renewal, which is a testament to our ongoing commitment to providing high-quality services and complying with the strictest international standards,” said Angelo De Gobbi, COO of LiveG24. “This milestone allows us to continue growing and innovating while maintaining our high standards of excellence and reliability.”
LiveG24, with years of experience in the live gaming sector, continues to develop new technological solutions and expand its offerings in regulated markets, aiming to deliver an engaging and secure gaming experience for all users.
Latest News
GAMSTOP is delivering real impact for its users, independent evaluation concludes
- 78% say of users say it delivers results and 80% would recommend the service
- 73% are satisfied with the service and 72% feel safer, having registered
An independent evaluation of GAMSTOP has found that its users feel safer and more in control since registering with the online self-exclusion service.
The research by Ipsos found that 78% of users said GAMSTOP had delivered the results that they were hoping for and 80% would recommend the service to others.
More than 4,650 GAMSTOP users took part in the research and 73% said they were satisfied with the service, with the number rising to 85% amongst those who no longer gamble. Three out of four felt more in control of their gambling behaviours since registering.
âGAMSTOP literally did what it said on the tin, it stopped me from being able to register with gambling websites, which was the major issue,â a service user with a five-year exclusion, who no longer gambles, told researchers.
Since its inception in 2018, more than 500,000 vulnerable consumers have registered with GAMSTOP. The evaluation found that the most common reason for registering was to stop gambling online altogether (55%), to regain control over their life (55%) and to spend less money on gambling (51%).
Three out of four users surveyed no longer gamble online and nearly one in two (48%) no longer gamble at all. GAMSTOP offers options to self-exclude for either six months, one year or five years, and users who had self-excluded for the maximum period were more likely to have stopped gambling altogether.
Whilst many users felt that GAMSTOP does not eradicate the âurgeâ to gamble, it provides a mostly effective physical barrier to online gambling and symbolises a commitment to stop gambling.
More than seven out of ten (72%) users said they felt safer from the negative effects of gambling. GAMSTOP reduced the short-term financial harms of gambling for individuals, as well as their close friends and family, giving them a sense of financial liberation and improving their mental and physical health.
Users reported having the time and disposable income to invest in their health and general mental well-being, easing the isolation and stress caused by concealing their gambling and freeing up time previously spent worrying about gambling. More than three out of four respondents (76%) are in work, with the largest proportion (21%) indicating they have a household income of ÂŁ55,000-ÂŁ99,000.
The report makes three key recommendations:
- provide the option of a longer or lifetime exclusion period to give greater âpeace of mindâ for those who use GAMSTOP to stop gambling online altogether
- communicate more frequently with users after their minimum exclusion has ended
- continue advertising on social media to raise awareness amongst younger audiences
The report calls for black-market gambling to be addressed by the government, the Gambling Commission and other stakeholders through greater regulation and the imposition of restrictions on its promotion through social media. Service users raised concerns about illegal or unlicensed gambling operators, including targeted advertising of websites claiming to be “not on GAMSTOPâ.
The report concludes that GAMSTOP exclusion remains an effective blocking mechanism for licensed UK online gambling operators, but some users have engaged with unlicensed gambling operators since registering with GAMSTOP. It also says that wider regulation of advertising would improve the recovery of GAMSTOP users.
The report concludes:
âThe evaluation has established that GAMSTOP is an effective tool for reducing gambling-related harm for individuals seeking to exclude themselves from online gambling operatorsâŠThe service provided is widely considered both satisfactory and impactful. This is most significant for individuals with a sustained commitment to reducing their gambling behaviours, seeking a lifestyle change rather than a breakâ.
âOur evaluation found that satisfaction with GAMSTOP is high for the majority of people who use the service. This includes registration and the overall experience of having the self-exclusion in place. The majority of people also found that GAMSTOP delivered against their expectations and that they would recommend it to othersâ.
GAMSTOP CEO Fiona Palmer said: âWe regularly evaluate the effectiveness of the service through comprehensive independent research, and it is gratifying to know that most of our users feel GAMSTOP has helped them significantly reduce gambling-related harm.
Six out of ten users who were surveyed said they rely on GAMSTOP as their sole means of support, and we are aware of the responsibility that this brings with it. We will study the recommendations in detail, including the suggestion of extending self-exclusion periods, although exclusion periods do already continue automatically for seven years unless a user asks for it be liftedâ.
Industry News
Digital Seal Policy from the Curacao GCB
This policy references both the Green Digital Seal and the Orange Digital Seal. GCB - Digital Seal Policy 23rd September 2024
Latest News
MEDIA CREDENTIAL APPLICATIONS NOW OPEN FOR WSOPÂź PARADISE AT ATLANTIS PARADISE ISLAND
Deadline for application is 11:59 p.m. PST Friday, Oct. 18
WHAT: Credential applications are now open for media interested in covering WSOP Paradise at Atlantis Paradise Island in the Bahamas. The second-annual winter series, in partnership with GGPoker and Triton Poker Series, runs from Friday, Dec. 6 to Thursday, Dec. 19.
WHERE: Atlantis Paradise Island
MEDIA: Media interested in covering and/or photographing the WSOP Paradise must apply for credentials online using this link no later than 11:59 p.m. PST Friday, Oct. 18.
DETAILS: Registration for WSOP Paradise is now open and the daily event schedule, including booking information for discounted participant hotel rates, can be found here. Players looking to travel to the series and buy in to the tournament directly can now book their stay at Atlantis Resort via a players exclusive offer.
Follow @WSOP on Twitter, Instagram or check wsop.com for the latest news and updates.
-
Latest News7 days ago
SOFTSWISS Partners with Bambi Data to Enhance Analytics Capabilities
-
Gambling in the USA7 days ago
Gaming Americas Weekly Roundup â September 9-15
-
Latest News7 days ago
OpticOdds scores partnership with global operator Sportsbet.io
-
Latest News7 days ago
Boldplay Expands UK Presence With Rank Group Partnership
-
Latest News7 days ago
Push Gaming bolsters Danish presence with Danske Licens Spil
-
Latest News7 days ago
kwiff rolls out enhanced Prop Bet UX with streamlined features
-
Industry News7 days ago
Christian Reinhard Becomes New Board Member for Technology and Development at Merkur Group
-
Asia7 days ago
Malaysiaâs PAS Vows to Shut Genting Casino if Party Wins in Pahang State