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EGBA: Payment Blockings Not A Solution To Flaws In Germany’s Online Gambling Regulation

George Miller

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EGBA: Payment Blockings Not A Solution To Flaws In Germany’s Online Gambling Regulation
Reading Time: 2 minutes

 

A regional authority in Germany has requested a payment provider to stop processing payments from some online casinos and secondary lottery operators and promised more prohibitive payment blockings in the future.

In the announcement published on last Monday, the Lower Saxony Ministry of the Interior and Sports said it had issued a cease-and-desist order against a “large, international payment service provider from participating in payment transactions in connection with illegal gambling in Germany”. The order applies to the entire country thanks to the way in which competencies for gambling regulation are carved up between Germany’s different “lander”, or states, by the interstate treaty. The order can be challenged before the administrative courts.

EGBA believes payment blockings are not a solution to the problems afflicting Germany’s gambling regulation – and a much more fundamental rethink is needed to develop an effective regulatory framework and bring the country’s gambling policies into the 21st century.

“Restrictive or prohibitive measures, such as payment blocking measures, are an attempt to create artificial walls around online markets and can be ineffective and detrimental to player protection.

That’s because online gambling is, like any other online consumer market, consumer-driven and players can easily search around the internet for alternative products, brands or the payment means they prefer.

Trying to limit the options available to players will not change this reality and – by restricting their choices – might be counterproductive because it will push players towards unlicensed or unregulated websites, where they might be exposed to inadequate consumer protections and chances of redress.

A much more fundamental rethink is needed in Germany to bring its online gambling policy up to speed to meet the digital realities of the 21st century. Because right now the regulatory situation is fragmented and way behind the developments in most other European countries.

To remedy this, the German authorities should establish an attractive and modern online gambling regulation which acknowledges that many Germans play online casino games and ensures they – and all other players – can play within a safe and regulated environment.”  – Maarten Haijer, Secretary General.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Fugaso selected as finalists in two categories of “the world’s most prestigious casino awards”

George Miller

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Fugaso selected as finalists in two categories of "the world's most prestigious casino awards"
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International software provider Fugaso has been selected for the final in two acclaimed AskGamblers Award categories, Best Slots and Best Software Provider, in what AskGamblers bill as the world’s most prestigious casino awards. The popular global games supplier has developed innovative in-house technology that is driving growth for the company, hence also the nomination as a finalist in the Best Software Provider category.

Fugaso has been making waves in the global iGaming industry as a content provider of choice for a range of tier 1 operators, as well as winning the hearts and minds of players around the world’s igaming jurisdictions, whose votes have been central to these accolades. Fugaso offers an extensive game library of over 65 HTML5 games that guarantee seamless gameplay on all devices and compete with finalists in the AskGamblers Awards including NetEnt, Play’n Go and Microgaming. Fugaso’s Jackpots Series, a popular progressive, has also attracted substantial interest with jackpots regularly topping 6 figure wins.

The rapidly expanding Fugaso portfolio of titles is available via the GrooveGaming platform as well as from SoftGaming, Soft Swiss, Digitain, EveryMatrix, Bet Construct , IGG and many others. Releases this year include Trump It Deluxe, Wild Rodeo, Magic Spinners, Fugaso Airlines, Stoned Joker, Imhotep Manuscript and blockbuster Cleopatra’s Diary, which is in the running for Best Slots at the AskGamblers Awards. All Fugaso games are available in 12 languages, but can be adapted for any language, and every game is supported by all devices, currencies and cryptocurrencies.

The big breakthrough for Fugaso has been the quality of gaming experience the company now offers across all devices. New technology truly takes things to the next level, providing players with a quality of entertainment that matches the standards that they have come to expect in other environments. One of the key technologies deployed in Fugaso games is the highly innovative ‘Rich Free Spins’ feature, which combines the benefits of multiple free spins into one super-valuable free spin that ramps up the excitement with the prospect of potentially highly generous payouts. No other games manufacturer is currently offering ‘Rich Free Spins’, a unique and proprietary differentiator in Fugaso’s technology vault.

As the most reliable source for online casinos, AskGamblers is hosting prestigious casino awards for players to choose the best casino and slot in the industry. AskGamblers is one of the most valued gaming review sites built on the collaboration of real people who submit their opinions on games, casinos, online promotions and everything associated with the industry. Being authentic and unbiased, it’s a trusted reference point to get a real opinion on gaming topics.

Robert  Metzger, Head of Business Development at Fugaso said: “Fugaso is fast becoming a well-known and respected name across the industry and our games can be found in many casinos today with a big fan base. With our speed of game and technology development we are able to add exciting new content quickly and simply. Our aim has always been to deliver market-shaping products and we are delighted to be nominated as finalists in two AskGamblers Awards thanks to the unparalleled support of the market.”

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Française des Jeux Secures Approval from AMF for November IPO

Niji Narayan

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Française des Jeux Secures Approval from AMF for November IPO
Photo Source: rtl.fr
Reading Time: 1 minute

 

French lottery operator Française des Jeux (FDJ) has secured approval from the country’s stock market regulator Autorité des marchés financiers (AMF) to proceed with its initial public offering (IPO). AMF signed off on FDJ’s registration document, with trading expected to commence on November 21.

The IPO is expected to take place on the Euronext market in Paris, although the transaction still remains subject to other regulatory approvals from the AMF.

“This privatisation project marks the start of a new chapter in the history of our company. With its strong economic model supported by innovation, the group will pursue a balanced growth strategy, combining economic performance, responsible gaming and social commitments. Our ambition is to strengthen our position as the leading operator of lottery and sports betting in France, and to become a leading international player in the gaming and services sector,” Stéphane Pallez, chief executive of FDJ said.

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Casumo signs with Enteractive

George Miller

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Casumo signs with Enteractive
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Casumo has signed an agreement to implement Enteractive’s tech platform (Re)Activation Cloud® as an extension of their CRM cycle to boost player activity and brand loyalty.

Through this partnership with Enteractive, Casumo will be increasing player retention and player loyalty through the innovative (Re)Activation plug-and-play service, and at the same time safeguard and add a more human touch to their Responsible Gaming efforts. All of Enteractive’s processes are GDPR compliant and built for operator compliance and player protection.

Founded in 2012, Casumo’s Award-Winning Online Casino soon became one of the unicorns of the gaming industry. Now employing more than 400 people, in Malta, Gibraltar and Spain, Casumo’s growth promises to accelerate. With its distinguishable creative flair and a passion for high-quality, Casumo is always at the forefront of nimble cutting edge technology.

Casumo Player Engagement Lead Ludovic Diler said: ”Enteractive was the only company matching our needs of a reactivation service based on a human interaction. During our initial test campaign, we have received extremely positive results and the feedback we have got from our players has far exceeded our expectations.  We now have a new project with Enteractive using real-time data and we can’t wait to see its impact on our approach of retention.”

The (Re)Activation solution uses native-speaking agents combined with robust tech, driven by human interaction. Using a player-centred approach that improves the customer experience, the (Re)Activation Cloud® boosts the operator’s P&L by activating more players. It integrates with the operator’s player acquisition-retention ecosystem. High touch interactions create long-lasting brand loyalty. Enteractive sales agents provide a highly-personalised conversation on the brands behalf through a complete end-to-end after service, which begins where the CRM processes end.

All (Re)Activation methods used are GDPR and G4 compliant. And all data processed is highly secured.

Enteractive CEO Mikael Hansson said: “We are very happy to add Casumo to our list of partners. They have always been at the forefront when it comes to creating a loyalty generating journey for their customers so for us this is a perfect match. Our Reactivation Cloud offers them the unique possibility to plug a personal call into any stage of their CRM journey. I can think of very few brands that will benefit more than Casumo from our services and our commitment will continue to serve them with high-quality conversion calls in our safe, scalable and compliant environment.”

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