Press Releases
Gambling Business Group introduce anti machine fraud initiative and warn against GDPR breaches
Cross-sector strategic body, the Gambling Business Group (GBG) is trialling a powerful new initiative which enables organisations to share information on the pattern of emerging machine frauds while remaining within the terms of April 2018’s GDPR regulations. The system, which has been developed in conjunction with the security team at Gamestec, is being launched initially across the Motorway Services network after which it will be rolled out to all land-based gambling sectors in the UK.
While the need for operators to share information on machine fraud has never been greater, GBG Chief Executive, Peter Hannibal, believes that the introduction of GDPR and the accompanying risks of fines equivalent to 20 times turnover, means the industry has to be sensitive to how it shares personal data. “The onset of the GDPR regulations has caused a level of uncertainty as to what can and can’t now be shared.” he stated: “The industry’s systems for sharing security and fraud information were inadequate even before GDPR came into effect so it is only to be expected that operators are now all the more frustrated. Add to this the fact that police constabularies are less inclined to take up cases that are not conveniently packaged containing all of the evidence, the sector as a whole feels both exposed and isolated.”
Due to this worsening situation, The Gambling Business Group has been working in collaboration with members, specifically the security team at Gamestec, in order to create an environment in which operators will have the knowledge and confidence to share information in a compliant but effective way. Peter Hannibal explained: “Our key objectives are, firstly to give operators as much advanced warning as possible that their operation may be at risk from fraudsters; secondly to ensure that the way we communicate with each other remains within the General Data Protection Regulations (GDPR) and thirdly, to create case files, with supporting evidence, that the police are able to use in order to secure effective prosecutions.”
“The introduction of the Arcade & Pub Fraud Alert Group on Facebook, confirms there is a clear demand for this type of communication between operators, but, I would stress that having to be invited into a ‘closed’ Facebook group does not represent sufficient protection on its own and is an awful long way from constituting an adequate defence should a member of the industry find him/herself in court. It’s vital that we stay on the right side of the law and that we do not unwittingly allow the perpetrators of machine fraud to be let-off because of a data breach. As such I would implore everyone to be extra vigilant and to think twice about what they are posting on Facebook.”
Members of the industry wanting to learn more about the anti-machine fraud initiative and the work of the Gambling Business Group should contact [email protected]
Latest News
Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights
Malta, 28th March 2024 – PolarLotto, a leading provider of lotto betting services in Sweden, has just announced a strategic partnership with Fast Track, a leading provider of CRM solutions designed specifically for the iGaming industry. This collaboration aims to propel PolarLotto’s expansion from offline to online offerings, bringing the excitement of the world’s biggest lotteries to Swedish players in a safe and responsible manner.
PolarLotto prides itself on its commitment to transparent and ethical gaming practices, with a focus on player safety and responsible gaming. By teaming up with Fast Track, PolarLotto aims to leverage cutting-edge technology to expand its business model from traditional to online, ensuring a seamless and engaging experience for its customers.
Commenting on the partnership, Benjamin Burstein, CEO of PolarLotto, expressed enthusiasm about the possibilities ahead, stating, “We are excited to embark on this journey of transforming our business with the latest technology and automation tools provided by Fast Track. As we transition to the online space, we are confident that Fast Track’s expertise in custom segmentation, real-time data capabilities, and personalised experiences will enable us to better serve our players and achieve our business objectives.”
Fast Track also expressed confidence in the partnership, highlighting the potential for exceptional results through its Singularity model, which uses AI and machine learning to deliver tailored content to players, at the right time and through the most effective channel. “We are thrilled to partner with PolarLotto and support their online expansion,” said Simon Lidzén, CEO and co-founder of Fast Track. Our tools are designed to empower lean teams to achieve remarkable results, and we look forward to helping PolarLotto maximise their online presence and engagement.”
Latest News
Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years
As the CS2 PGL Major in Copenhagen is set to kick off, Red Bull Media House will unveil a captivating feature-length documentary, “Memories of CS:GO – The Early Years,” an ode to one of the most influential games ever made.
This film takes viewers on an immersive journey through the origins and evolution of Counter-Strike: Global Offensive (CS:GO), featuring personal accounts and defining moments from several of the most legendary figures of the game.
The 90-minute documentary, narrated by Counter-Strike commentator Henry “HenryG” Greer, chronicles the remarkable trajectory of CS:GO, from its grassroots beginnings to becoming a global esports phenomenon.
Produced by Red Bull Media House, the film captures the essence of the game through the eyes of its most well known players, including Olof “olofmeister” Kajbjer Gustafsson, Patrik “f0rest” Lindberg, Richard “shox” Papillon, Gabriel “FalleN” Toledo, and Jarosław “pashaBiceps” Jarząbkowski, among others.
The documentary’s release is timed to precede the playoff stage of the PGL Major Copenhagen, scheduled for March 26, 2024. It will premiere on Red Bull Gaming’s YouTube channel at 21:00 CEST, offering viewers worldwide an insider’s perspective on the beloved game.
Event Details:
- What: Premiere of “Memories of CS:GO – The Early Years”
- When: March 26th, 2024, at 21:00 CEST
- Where to watch: Red Bull Gaming’s Youtube Channel
- The “CS:GO Memories” documentary can be viewed shareit.redbull.com
Latest News
Ten Square Games ready for a new development opportunities in 2024
2023 ESPI package
The following documents in pdf format are equivalents of the official Consolidated Financial Statement which were reported in ESPI (download in the zip file above)
2023 Consolidated Financial Statement
2023 Management Board Report on Activities
Independent Auditor’s Report on the Audit of Annual Consolidated Financial Statements
Link to the stream
Link to the chat with individual investors
Presentation
Factsheet
Financial data
Transcription of the conference and Q&A session
For complete press release visit tensquaregames.com
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