Press Releases
Lotto Warehouse signs up partnership with Platin Gaming
Lotto Warehouse, the Malta-based provider of lotteries including Powerball, Mega Millions and EuroMillions has been proudly announcing its deals with giant players in the industry like Kootac and Giant Gaming Group.Meanwhile, they also publicised the signing up of a new agreement with Platin Gaming. The Platin Gaming deal seems to be yet another major achievement for Lotto Warehouse, as its CEO Thomas Biro, briefed that there will be further announcements in the near future.
Mr Biro said: āPlatin Gaming is a long established global brand with an outstanding reputation as a first-class provider of turn-key solutions for the gaming industry. Weāre very pleased that really soon we will be boosting their offering with our world-class selection of lottery betting products. The popularity of lottery betting continues to soar and we are perfectly placed to provide operators with an unbeatable solution that can be tailored to suit specific requirements and any platform. We look forward to making more announcements in the future.ā
Platin Gaming which had its inception in 1995 have since developed into a powerful worldwide operation, offering a range of B2B and white label services across sportsbook, casino, slots, and virtual racing. The company also offer land-based solutions, and power renowned sports betting operation Tipbet.
The new deal will see Lotto Warehouse become Platin Gamingās exclusive provider of lottery betting products.
Soner Gurelli, Platin Gaming COO, said: āAs a pioneering brand itās important for us to stay ahead of the field. Our success has been built upon forward thinking and high-quality solutions, which is exactly what Lotto Warehouse bring to the table. We are very confident the Lotto Warehouse deal will have a very positive impact on our business.ā
Lotto Warehouse is a leading B2B Lottery Betting provider for the iGaming industry and is the only provider to have both UK GC and MGA Class 4 licenses. The company offers operators the chance to add a catalogue of the worldās biggest lottery betting products to their platforms, with all higher tier payouts protected by a jackpot coverage model.
Baltics
Evoplay bolsters presence in Lithuania with Betsafe deal
Evoplay, the award-winning game development studio, is expanding in the Baltics thanks to its latest tie-up with Betsafe in Lithuania.
The deal sees over 90 of the supplierās leading titles live on the Betsson Groupās Lithuanian brand Betsafe, a leading operator in the market.
Included in the agreement are Evoplayās top-performing titles such as Elven Princesses, Hot Triple Sevens and The Greatest Catch Bonus Buy which are now available for Betsafe players.
The latest integration follows a string of similar deals for Evoplay who has continued its expansion across regulated markets in Europe and beyond.
Ihor Zarechnyi, CBDO at Evoplay, said: āIntegrating our products to Betsafe, a leading brand in Lithuania, is another important step in our commercial trajectory as our titles continue to grow in popularity and develop a stellar reputation among gaming enthusiasts worldwide.
āLithuania is a vibrant and dynamic market, and we are thrilled to bring our award-winning content to even more players in the region.ā
Aurimas Å ilys, Head of Lithuania at Betsson Group, said: āBoosting our offering with a diverse array of titles is of utmost importance for Betsafe as we strive to deliver an unmatched gaming experience to players in Lithuania.
āWe are delighted to integrate Evoplayās dynamic portfolio into our offerings, and we anticipate it will resonate exceptionally well with our audience.ā
Compliance Updates
EGBA Welcomes European Parliamentās Approval Of New EU Anti-Money Laundering Framework
The EUās new anti-money laundering package aims to create a more consistent regulatory framework and will benefit online gambling operators by standardising AML rules and reporting requirements across member states.
Brussels, 24 April 2024 ā The European Parliament has approved the EUās new anti-money laundering (AML) package at its plenary sitting today, marking a significant milestone towards a new EU framework for combatting financial crime. The European Gaming and Betting Association (EGBA), representing Europeās leading online gambling operators, welcomes the Parliamentās approval of the new AML package and believes the incoming rule changes will strengthen the EUās approach to tackling money laundering.
The newĀ packageĀ will contain:
- AĀ single rulebookĀ regulationĀ ā with provisions on conducting due diligence on customers, transparency of beneficial owners and the use of crypto-assets.
- TheĀ 6th Anti-Money LaunderingĀ DirectiveĀ ā containing national provisions on supervision and national AML authorities, as well as on the access of authorities to necessary and reliable information, e.g. beneficial ownership registers.
- The establishment of theĀ European Anti-Money Laundering Authority (AMLA)Ā ā which have supervisory and investigative powers to ensure compliance with AML requirements, operating in conjunction with national AML authorities.
EGBA believes the new rules will benefit Europeās online gambling operators by ensuring a consistent regulatory approach across EU member states. Another important feature, under the competence of AMLA, will be the creation of a harmonised reporting format for Suspicious Transaction Reports (STRs). This will ensure that Europeās online gambling operators encounter the same STR requirements across all EU member states, thereby setting clear and consistent expectations that will reduce administrative burdens and costs.
To assist online gambling operators in complying with the EUās new AML rules, EGBA has developed industry-specificĀ guidelines on anti-money launderingĀ which apply a risk-based approach and include practical measures that operators can take ā on customer and business risk assessments, customer due diligence processes, suspicious transaction reporting, and record keeping. EGBA members already apply the guidelines and submit annual reports to EGBA that summarise their progress in implementing its measures. The guidelines are also open to all operators based in the EU and EGBA encourages operators to sign up to them.
The AML package now awaits formal adoption by the Council of the EU, expected in May, before being published in the EUās Official Journal.
āWe welcome the European Parliamentās approval of the new anti-money laundering package. The new framework will set high standards and ensure greater consistency in the application of AML rules across the EU. Online gambling operators, especially those operating in multiple countries, will benefit from a single rulebook and harmonised reporting requirements that will unravel national complexities. We will look to review our industry guidelines on AML to ensure their alignment with the new EU rules. By signing up to the guidelines, operators can already prepare themselves for the incoming changes in the EU rules and join our members in their efforts to proactively and positively contribute to the EUās fight against money laundering.āĀ ā Dr. Ekaterina Hartmann, Director of Legal and Regulatory Affairs, EGBA.
Source: EGBA
Latest News
William HillĀ Announced as Official Betting Partner of Qipco Guineas Festival
Leading bookmaker becomesĀ official betting partnerĀ of first UK Classic meeting of 2024
William Hill has been announced as the new official betting partner of the Qipco Guineas Festival, the first UK Classic meeting of the season.
Itās the latest addition to William Hillās spring racing roster, following sponsorship of The Lincoln Handicap at Doncaster, the Punchestown Champion Chase and its status as official betting partner of the Randox Grand National Festival.
The 2,000 and 1,000 Guineas headline the three-day meeting and the leading bookmaker will sponsor 15 races across the weekend with the Jockey Club Stakes, Palace House and Dahlia Stakes among the races now featuring the William Hill title.
Aidan OāBrienās unbeaten superstar City of Troy is still all the rage for the 2,000 Guineas at 4/6 whereas Karl Burkeās Fallen Angel heads a competitive looking 1,000 Guineas market at 7/2.
āWeāre delighted to become the official betting partner of the Qipco Guineas Festival, strengthening our relationship with The Jockey Club on the back of a fantastic Grand National Festival,ā a spokesperson for William Hill, Lee Phelps, said. āItās brilliant for William Hill to be associated directly with such a prestigious event at Newmarket, the home of the thoroughbred, for this seasonās first two Classics. The company has a close connection with the history of the 2,000 Guineas as William Hill himself bred the 1949 winner, Nimbus, who then went on to win the Derby.
āWeāre excited to be involved at racingās key meetings and see the Qipco Guineas Festival as the perfect sponsorship as the British flat season kicks into gear.ā
Newmarket – 2,000 Guineas: May 4, 2024
City Of Troy | 4/6 |
Rosallion | 4/1 |
Notable Speech | 12/1 |
Henry Longfellow | 12/1 |
Night Raider | 16/1 |
Alyanaabi | 16/1 |
Ancient Wisdom | 16/1 |
Task Force | 16/1 |
Ghostwriter | 16/1 |
Iberian | 20/1 |
BAR | 25/1 |
Newmarket – 1,000 Guineas: May 5, 2024
Fallen Angel | 7/2 |
Ylang Ylang | 4/1 |
Dance Sequence | 5/1 |
Ramatuelle | 10/1 |
See The Fire | 12/1 |
Content | 12/1 |
One Look | 14/1 |
Pretty Crystal | 14/1 |
Buttons | 20/1 |
Purple Lily | 20/1 |
Porta Fortuna | 20/1 |
Star Style | 20/1 |
BAR | 25/1 |
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