Connect with us

Compliance Updates

Intema announces granting of Isle of Man online gambling license

Published

on

Reading Time: < 1 minute

 

Intema Solutions Inc. is very pleased to announce that the Isle of Man Gambling Supervision Commission has approved the granting of an Online Gambling Regulation Act (OGRA) 2001 license to Livestream Esports Limited, a wholly owned subsidiary of Intema.

“The grant of the Isle of Man gambling license is major news for Intema and will have a significant positive impact on our future activities,” said Laurent Benezra, Intema’s President and Chief Executive Officer. “In particular, it allows us to comply with one of the TSX Venture Exchange’s main conditions for closing the acquisition of Livestream Gaming Inc. (“Livestream”), with its LOOT.BET online gaming platform. It will also enable us to conduct our iGaming activities through one of the world’s most prestigious gaming jurisdictions and, once we acquire our LOOT.BET platform, to white-label it to regulated gaming markets on a global scale. Finally, it gives LOOT.BET the same level of credibility as other online gambling platforms, throughout the gaming community and among our peers.”

“Once the license is issued, we will proceed with getting final approval from the TSXV and closing the Livestream acquisition, allowing us to start a new chapter of growth for Intema,” concluded Mr. Benezra.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The Isle of Man promotes the highest standards of jurisdictional control in the gaming industry, with extremely high ethical standards for owners and investors, making its license one of the toughest to acquire. The Isle of Man Gambling Supervision Commission gives out the fewest licenses per year. In addition, the license granted by that regulatory body has many financial and logistical benefits, and will allow Intema to offer continuously fun, safe and responsible gaming experiences for gamers around the world.

Powered by WPeMatico

Continue Reading
Advertisement

Compliance Updates

EGT Digital with a license to operate in Belgium

Published

on

egt-digital-with-a-license-to-operate-in-belgium
Reading Time: 2 minutes

 

EGT Digital is already an authorized iGaming provider for Belgium. The company has recently received its license from the Belgian Gaming Commission, thanks to which its core products – the X-Nave platform, the Gaming Aggregator, and its in-house slot and dice games, are now available on the local market.

“The Belgian gaming community can enjoy our full range of premium products, which have proven to be the preferred choice in numerous jurisdictions around the world,” said Marieta Peleva, Sales Manager for Belgium, Poland, and the Czech Republic at EGT. “In addition to our established portfolio, we have also recently developed a dedicated line of dice games tailored specifically for the Belgian Class B+ market, which reflects our devotion to providing localized, compliant, and engaging gaming solutions. Whether operators are looking for a complete solution for their business or want to enrich their betting sites with attractive and diverse content, they can always count on us.”

EGT Digital’s iGaming platform, X-Nave, provides operators with everything they need to achieve success in the online gaming sector. Its 4 main modules: Sport Product, Gaming Aggregator, CRM Engine, and Payment Gateway, can function as part of the turnkey solution or as standalone modules, as they are able to integrate with third-party solutions.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

With a rich portfolio of 24,000 games from over 300 popular providers and numerous player engagement features, the Gaming Aggregator enables operators to create personalized offerings that perfectly fit their customers’ tastes.

EGT Digital’s vast range of casino solutions, covering over 160 in-house developed slot titles and several top-performing jackpots, are widely preferred by different types of players because of their great thematic diversity and numerous attractive bonuses.

Tsvetomira Drumeva, Head of Sales at the company, concluded: “EGT Digital’s license for Belgium is a substantial accomplishment, which not only solidifies our position as a leading iGaming provider but also reaffirms our commitment to contributing to the development of the global gaming environment.”

The post EGT Digital with a license to operate in Belgium appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Australia

ACMA: TAB Penalised $4 Million for Spamming VIP Customers

Published

on

acma:-tab-penalised-$4-million-for-spamming-vip-customers
Reading Time: 2 minutes

 

Tabcorp Holdings Limited (TAB) has been penalised $4,003,270 for sending more than 5700 marketing messages to customers of its VIP Programme that broke Australia’s spam laws.

An Australian Communications and Media Authority (ACMA) investigation found that TAB sent 2598 SMS and WhatsApp messages to VIP customers between 1 February and 1 May 2024 without providing an option to unsubscribe from the messages.

The ACMA also found that 3148 SMS and WhatsApp messages did not contain adequate sender information across the same period, and 11 SMS messages were sent without consent between 15 February and 29 April 2024.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Authority Member Samantha Yorke said the breaches were deeply concerning as they involved non-compliance by a large and established gambling provider that targeted VIP Programme customers.

“This is the first time the ACMA has investigated and found spam breaches in a gambling VIP program. These programs often involve personalised messages offering incentives such as bonus bets, deposit matching, rebates and offers of tickets to sporting and other events.

“The gambling industry needs to understand that spam laws apply to all direct marketing—whether it’s generic campaigns or personalised messages,” Ms Yorke said.

“VIPs should not be confused with gambling ‘high-rollers’. These types of gambling VIP programs can involve customers who are not well off and are experiencing significant losses,” Ms Yorke said.

“It is utterly unacceptable that TAB did not have adequate spam compliance systems in place.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Under the Spam Act 2003, businesses must have consent before sending marketing messages. Messages sent with consent must also contain a working unsubscribe option and information about the sender.

“When people make choices to unsubscribe from a service they must be able to do so easily and their decisions must be respected by companies,” Ms Yorke said.

TAB has also entered into a 3-year court-enforceable undertaking. This includes an independent review of its direct marketing systems, making improvements, running quarterly audits of its VIP direct marketing, training staff and reporting to the ACMA regularly.

“The ACMA will be watching closely to ensure TAB meets its commitments and complies with the spam laws in future,” Ms Yorke said.

Cracking down on gambling safeguards and spam rules are current compliance priorities for the ACMA. Over the last 18 months businesses have been penalised over $16.9 million for spam breaches.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The post ACMA: TAB Penalised $4 Million for Spamming VIP Customers appeared first on European Gaming Industry News.

Continue Reading

Compliance Updates

UKGC: Six Basketball Players Face Sanctions

Published

on

ukgc:-six-basketball-players-face-sanctions
Reading Time: < 1 minute

 

The UK Gambling Commission’s Sport Betting Intelligence Unit (SBIU) supported investigations into match-fixing and regulation breaches within the former British Basketball League (BBL).

The investigations were led by the International Basketball Federation (FIBA) and the British Basketball Federation (BBF) respectively.

Five former Surrey Scorchers players have received fines and sanctions ranging from 10-year bans to lifetime suspensions for manipulating match outcomes and failing to report corrupt activity during the 2022–23 season.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The FIBA led investigation, conducted in collaboration with the BFF, GB betting industry, and other partners, identified at least six compromised matches.

Two players, Quincy Taylor and Charleston Dobbs, were sanctioned by the BBF with lifetime bans and fines. FIBA extended these sanctions globally. Three additional players — Shakem Johnston, Padiet Wang, and Joshua McFolley — were also sanctioned by FIBA, with lifetime or long-term suspensions.

A further former player, Dean Wanliss, was fined and suspended for three years for betting on basketball matches between 2019-21. This investigation was led by the BFF in conjunction with FIBA, the Spanish Basketball Federation (FEB), the GB betting industry and the International Olympic Committee Monitoring Unit.

This case underscores the commitment of FIBA, the BBF, the Gambling Commission and other stakeholders to maintaining integrity in sport and enforcing a zero-tolerance policy towards betting-related corruption.

The post UKGC: Six Basketball Players Face Sanctions appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania