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Safe Gambling, AML and KYC with Bogdan Coman(Rombet), Jack Symons(gamban®) and Taivo Põrk(Ministry of Finance, Estonia) at MARE BALTICUM Gaming Summit 2019

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Bogdan Coman (Executive Director at Rombet), Jack Symons (Founder and CEO of gamban®) and Taivo Põrk (Ministry of Finance, Estonia) will join the “Safe Gambling, AML and KYC” panel discussion under the moderation of Pieter Remmers (CEO at Assissa) at the second edition of MARE BALTICUM Gaming Summit, also known as the Baltic and Scandinavian Gaming Summit and Awards.

MARE BALTICUM Gaming Summit will take place on the 9th of May at Radisson Blu Royal Astorija Hotel and is gathering the gambling industry from the Baltic and Scandinavian regions for a full day of quality learning and networking with like-minded peers, regulators and representatives of the industry media.

Register here or View the Agenda!

”Safe Gambling” is a new term used in the industry and is a possible replacer for the notion ”responsible gambling”. While the responsible gambling focuses on studying and fighting the negative effects of excessive gambling practice, the broader concept of ”safe gambling”, also contains the prevention area.

It’s been a wild ride for the financial industry in the last years. Companies and executives are on a rollercoaster all year, with constant changes in regulations and sanctions, the introduction of new laws and the removal of old ones.

Financial scandals have also hit new heights and the time has come for banks and regulators alike have to admit a hard truth: not even today’s complex AML and compliance programs are enough to stop criminals exploiting financial platforms and every weak link they can find.

Online gambling is governed by special regulations, such as the Know Your Customer (KYC) standards set out in the EU’s Third Anti-Money Laundering (AML) Directive. This means that handling online transaction processes in the gambling sector is considerably more challenging than it is in other sectors.

On June 19th, 2018, the fifth EU Anti-Money Laundering Directive (AMLD 5) was published in the official journal of the European Union.

The AMLD 5 entered into force on July 9th, 2018. Member states are obliged to transpose the modified regulations into national law by latest January 20th, 2020.

In particular, the AMLD5

  • extends the scope to virtual currency platforms and wallet providers, tax related services and traders of art
  • grants access to the general public to beneficial ownership information of EU based companies
  • makes it an obligation to consult the beneficial ownership register when performing AML due diligence
  • obliges member states to create a list of national public offices and functions that qualify as politically exposed (PEP)
  • introduces strict enhanced due diligence measures for financial flows from high-risk third countries
  • ends the anonymity of bank and savings accounts, as well as safe deposit boxes and creates central access mechanisms to bank account and safe deposit boxes holder information throughout the EU
  • makes information on real estate holders centrally available to public authorities
  • lowers thresholds for identifying purchasers of prepaid cards and for the use of e-money
  • further enhances the powers of the FIUs and facilitates cooperation and information exchange among authorities

The experts of the panel discussion will share their knowledge on how these directives have shaped the industry and what is yet to come with AMLD6 on the horizon.

About Bogdan Coman

Bogdan Coman is the Executive Director of ROMBET and has a rich activity in the gambling industry, which he joined once graduation from the Bucharest Academy of Economic Studies, Bogdan Coman contributes to the good work of the Rombet Association through the experience of planning and organizing activities in the field of gambling. He built national projects, led complex teams, and was responsible for meeting performance indicators in the companies he worked for or collaborated with.

 

 

About Jack Symons

Jack Symons is the founder and CEO of gamban®. Formed as a result of his own experience with problem gambling and his dissatisfaction with existing self-exclusion options, Jack brought the most affordable, effective and lightweight gambling-blocking software to the market. The aim is help individuals stop gambling and organisations (businesses, operators and education institutions) improve sustainability.

 

 

About Taivo Põrk

Taivo Põrk has been responsible for designing and executing national gambling policy in Estonia through legislation since 2011, as part of his duties in Ministry of Finance. He has also been a member in Expert Group on Gambling Services since its inception by the European Commission in 2012.

 

 

 

About Pieter Remmers

Pieter Remmers is a veteran in the area of responsible gaming, consultancy and training of gambling industry professionals. He has been involved in projects with the gambling industry already since 1989. Pieter started his career as the director of an outpatient clinic for addiction problems of Jellinek in the early ’80s.

His company Assissa Consultancy Europe works/worked on responsible gaming policies and programmes in a number of countries i.e. Netherlands, South Africa, Germany, Switzerland, Luxemburg, Belgium, Italy, Spain, Malaysia, Singapore, Canada, Malta, Sweden, and others. Besides Pieter is a consultant worldwide for as well as the gambling and betting industry land-based and online, casinos, slot machine halls, and lotteries and for regulators or other governmental bodies.

He works/worked with companies like IGT/GTech/Lottomatica, Holland Casino, Unibet, Sun International, Svenska Spel, Gauselmann/Merkur, Betsson, Krijco, Fair Play Casinos, Staatsloterij, Lotto NL, Casino 2000, Cogetech, Betfair, National Lottery and many more.

He is a member of the Executive Committee and serves as secretary general/conference organizer of the European Association for the Study of Gambling (EASG). He is also a shareholder/board member of HANDS (Human Assistance Network for Daily Support, telephone counseling services).

In 2003 he was the initiator of G4 (Global Gambling Guidance Group). G4 deals with an International Accreditation System on responsible gaming for the gambling, betting and lottery industry land-based and online. At present, he is the Chair of the Board of G4.

Since 2009 he is a member of the Responsible Gaming Committee of IMGL (International Masters of Gaming Law).

He is also a member of the Spielerschutzkommission (Responsible Gaming Commission) of the Gauselmann /Merkur Group, Germany, a member of the Advisory Council of the AWI in Germany and a member of the International Advisory Panel of the Ministry of Health in Singapore.

Pieter is a very regular speaker at many conferences all over the world.

He is also a freelance correspondent for the magazine European Casinos The Elite and the Casino Inside magazine (Romania).

At present, he is involved in the development and carries out of online education programmes (e-learning) on problem gambling and responsible gaming and responsible gaming solutions to support players’ gaming decisions and online treatment modules.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the Baltic and Scandinavian region via the MARE BALTICUM Gaming platform which has been launched in 2018 and is committed to bringing together industry shareholders and government officials from the Baltic and Scandinavian region on a yearly base.

Browse the official event website here: www.marebalticumgaming.com

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Baltics

Olympic Casino Faces Another Fine in Lithuania

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The Lithuania Gambling Supervisory Authority has issued another fine to UAB Olympic Casino Group Baltija following a further breach of advertising laws in the country.

The Authority fined Olympic Casino €25,000 after it found the operator featured information on its website about how customers could watch live sports events on Setanta Sports, but also encouraged users to bet on sports.

The text in question set out how customers would watch live coverage of events such as the Spanish La Liga and Italian Serie A football leagues, as well as WTA tennis and Nascar motor-racing in the US.

While the promotion stated that coverage of events would be free, it also included text in relation to how customers could make deposits and withdrawals to and from their account on Olympic Casino. The advert included phrases such as “Be part of the game”.

Assessing the case, the Authority ruled the promotion was in breach of article 10, paragraph 19 of the Law on Gambling of the Republic of Lithuania, which relates to encouraging people to participate in gambling.

The Authority said the information about the possibility to watch events for free was not considered a gift, but information with which the operator sought to draw attention to its services, as well as to persuade and encourage people to participate in gambling.

However, the Authority also noted that the decision was not final and could be subject to an appeal by Olympic Casino.

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Game Wave Festival announces the full list of speakers and agenda!

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Game Wave Festival announces the full list of speakers and agenda!
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Less than two weeks left until the highly awaited gaming industry event in the Baltics – Game Wave Festival (GWF). The full agenda with the speakers has been released and everybody is invited to use promo code GWFRIEND to register for the event with a discount of 20%. GWF will take place on November 28-29, in Tallinn, Estonia at Tallink Spa & Conference Hotel. 

The two-day conference will provide an intersection of business, education and entertainment for anyone who is or wants to be involved in the gaming industry. Game Wave Festival will create an environment full of opportunities for networking and making close connections. The event will host 36+ speakers from different fields and backgrounds who are happy to connect and share their expertise within the gaming field. 

Game Wave Festival Speakers

Over the last 6 years, Julia Iljuk she has been helping game developers to find optimal solutions to their analytics problems. She is the host of an online course “Game analytics: From basic to advanced strategies” and webinars held on the devtodev education platform. Join her speech about Grow your Games with Data: How to Choose and Integrate Product Analytics.

Sercan (Sarge) Altundaş is a multi-disciplinary software engineer with a game and web development background. He is the developer of Ready Player Me, the leading cross-platform avatar system for the metaverse. He is currently SDK and Integrations Team Leader and has been helping the top technology companies integrate avatars into their applications. Sercan (Sarge) Altundaş will deliver an amazing talk on Taking Advantage of Machine Learning in Game Prototyping.

Elizaveta Petruchuk Seepia Playables is very active person. She holds several positions: CEO of Seepia Playables, FGJ Board Member, IGDA Volunteer, Art/Handcraft/Chess teacher or animator for kids, or just an ambitious unicorn. She will tell you her journey of From Outcast to CEO.

Mohammad Ali Sharpasand is a Data Scientist interested in the fields of Game Development, Bayesian Estimation, and People. He has a strong passion for helping others through their professional development. He will talk about Creating Games for Yourself or your Audience?

inesha Gandhi has more than 10 years of management experience in the gaming industry. She has worked on several AAA games. Making games is her passion and profession. She loves helping and solving problems of her team. Being part of the game dev. industry is a dream come true for her. She will share her knowledge on the Role of a Producer in Game Development.

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Wazdan expands Latvia presence with FeniBet agreement

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Wazdan expands Latvia presence with FeniBet agreement
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Wazdan, the innovative games provider, has strengthened its foothold in Europe by securing a deal with the modern Latvian operator, FeniBet.

The agreement allows Wazdan’s innovative slot content to reach more players than ever before, providing FeniBet’s customers with access to its latest engagement-boosting features, such as Collect to Infinity™, Cash Infinity™, and Hold the Jackpot.

A selection of 10 popular titles, including Sizzling Eggs™, 9 Coins™, Magic Spins™, Sizzling 777 Deluxe, Sizzling Kingdom™: Bison, Hot Slot™: 777 Crown, Power of Gods™: Valhalla, 9 Lions, Telly Reels™, and Magic Fruits Deluxe, is already available to FeniBet’s customers thanks to the partnership, with more titles expected to follow soon.

FeniBet operates in Latvia as an online sportsbook and casino, offering a wide range of popular slots, Live Casino products, and secure sports betting markets to guarantee a memorable gaming experience for all of its customers.

The deal serves as further evidence of Wazdan’s commitment to Europe’s iGaming landscape as the supplier reinforces its presence in Latvia, following recent deals with the likes of Play North, Sesame, and Star Casino.

Andrzej Hyla, Chief Commercial Officer at Wazdan, said: “We’re thrilled to have established a partnership with FeniBet in a market as exciting and full of promise as Latvia.

“The deal allows us to maintain our impressive growth trajectory and continue expanding our global presence, while providing the operator with some of our most exhilarating slot products.”

Martins Opmanis, Head of IT Department in Alfor, said: “By delivering Wazdan’s renowned content to our players, we are able to provide them with some of the strongest gaming experiences on the market.

“Wazdan’s products are known for their engagement-boosting features and imaginative themes, and we expect the initial crop of games to go down well with our players.”

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