Compliance Updates
Golden Race Receives ISO 27001:2013 Certification
Virtual Sports and Betting Technologies provider Golden Race has received the ISO 27001:2013 certification.
This certification assures that the Information Security Management System of Golden Race is compliant with the standard of ISO 27001:2013.
“This is another great step in reassuring our commitment with the highest international quality standards in information security. We are very proud of obtaining such an important certification, as a reaffirmation for the trust that our partners, customers and workers have on us,” Martin Wachter, CEO and Founder of Golden Race, said.
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BMM Testlabs
BMM Testlabs Earns Accreditation in MaranhĂŁo, Brazil To Test Fixed Odds Betting Systems and Lottery Platforms
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BMM Testlabs, the worldâs original gaming test lab renowned for exceptional product compliance and testing services, today announced its official accreditation to test systems and games for the Brazilian state of MaranhĂŁo.
This new accreditation allows BMM Testlabs to test fixed-odds betting systems and lottery platforms for the MaranhĂŁo market. The Company is now authorized in every Brazilian jurisdiction that has regulated at state-level online fixed-odds betting.
The MaranhĂŁo accreditation, issued by MaranhĂŁo Parcerias SA (MAPA/LOTEMA), authorizes BMM Testlabs to work with lottery operators in the state to ensure compliance and quality standards for the gaming and lottery industry through end-to-end product compliance testing for MaranhĂŁoâs standards.
Additionally, Brazilâs Secretaria de PrĂȘmios e Apostas has federally authorized BMM Testlabs to test betting systems, live gaming studios, and online games used by fixed-odds betting operators.
BMM Testlabsâ Marzia Turrini, President of iGaming & Cybersecurity, said, âWe are excited and deeply honored that the State of MaranhĂŁoâs official lottery has entrusted BMM Testlabs with the responsibility of testing products for their new online fixed odds betting program, knowing that weâll do so with the highest levels of impartiality, technical expertise, transparency, efficiency, and, most of all, integrity.â
With the MaranhĂŁo accreditation, BMM Testlabs solidifies its position as the leading independent test lab in Brazil. BMM Testlabs is accredited in all jurisdictions that have authorized fixed-odds betting for online gaming and sports betting.
BMM Testlabs brings 44 years of global leadership in product compliance across regulated markets and is trusted by games, systems, and lottery manufacturers, suppliers, developers, and regulators worldwide.
In addition to product compliance testing, BMM Testlabs provides end-to-end cybersecurity protection solutions. Through its sister company, RG24seven Virtual Training, BMM also offers compliance-grade virtual training on responsible gaming, anti-money laundering, and other important topics â presented by industry experts and available in English, Spanish, and Portuguese.
The post BMM Testlabs Earns Accreditation in MaranhĂŁo, Brazil To Test Fixed Odds Betting Systems and Lottery Platforms appeared first on Gaming and Gambling Industry in the Americas.
Compliance Updates
UKGC Issues Urgent Warning on Unlicensed Platforms and Operator Responsibility
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Tackling unlicensed gambling is central to the UK Gambling Commissionâs objective of preventing gambling from being a source of crime and disrupting this illegal activity at scale.
The Commission has become aware of casino games supplied by licensed operators appearing on unlicensed websites available to the British consumers illegally.
Those markets are unregulated, and do not provide the same safeguards that are required of operators. They often target vulnerable customers, such as those who have self-excluded via the GAMSTOP scheme. The websites may have inadequate social responsibility and Anti-Money Laundering (AML) controls in place and leave customers open to risks of fraud, data privacy issues and unfair practices. It is therefore imperative that the Commission, in collaboration with the gambling industry and key partners take all possible steps to mitigate risk to GB consumers.
Operators providing Business-to-Business (B2B) gaming solutions including live games, live casinos and slots (B2B operators) can help the Commission tackle the illegal market by reviewing their own practices. The Commission has found that, in some instances, third party resellers are distributing games supplied by operators to the illegal market, often in breach of their contractual obligations. Commission licensees may have been negligent in allowing them to do so and in the process, place their own licence at risk.
The Commission advised operators to actively monitor their business relationships to ensure any partners are not participating in offering illegal gambling facilities to the GB market, and where identified, terminating relationships where non-compliance has occurred.
It is critical that licensees also actively engage with the Commission where such activity is identified, setting out the preventative measures adopted to ensure such activity ceases immediately. Actively notifying the Commission and setting out a clear plan to mitigate the issue at pace is a minimum requirement.
The Commission is adopting a proactive approach to this matter and may decide at any point to conduct test purchasing activity to evidence potential breaches.
The post UKGC Issues Urgent Warning on Unlicensed Platforms and Operator Responsibility appeared first on European Gaming Industry News.
Compliance Updates
The Isle of Man Gambling Supervision Commission Appoints Mark Rutherford as its New Chief Executive Officer
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The Isle of Man Gambling Supervision Commission has confirmed the appointment of Mark Rutherford as its new Chief Executive Officer.
His role is to oversee and maintain the Isle of Manâs regulatory standards for Gambling and Medicinal Cannabis and ensure the integrity, transparency and effectiveness of the Islandâs regulatory framework, safeguarding both the reputation of the sector and the protection of consumers.
Having worked within the Isle of Man GSC for 15 years, Mr Rutherfordâs experience spans multiple roles within the Islandâs public service, including having served in the Income Tax Division before joining the GSC as the Director of Policy and Legislation.
Acting chair of the GSC, David Butterworth, said: âI am pleased to announce the appointment of Mark as Chief Executive of the GSC. His transition into this role comes at a crucial time, ensuring we uphold the highest standards of transparency and protection while adapting to the sectorâs evolving challenges.
âWith his extensive experience and clear vision for improvement, Mark is a valuable asset who is committed to strengthening our regulatory approach to meet the Islandâs needs and those of the sectors it represents well into the future.â
Mr Rutherford said: âI am grateful to the GSC Board for their confidence in me as CEO. I have lived and worked in the Isle of Man in both private and public sectors and my role as a public servant has been dedicated to serving the Isle of Man. I am committed to ensuring the effective, transparent and secure regulation of gambling and the production of medicinal cannabis here in the Island.
âThere is an important opportunity to strengthen the Isle of Manâs defences against financial crime and I am embarking on an ambitious programme of reform to reinforce the powers we have to supervise and regulate the gambling sector. I am also working closely with partner agencies to understand the emerging threat that faces the Islandâs gambling sector.
âIt is imperative that we continue to review and adapt our approach to stay aligned with evolving challenges, including the emerging risks and typologies arising from particular markets. I shall be examining those threats closely to ensure that we are alert to them and manage the risk.
âI will also be further expanding our international cooperation and domestic inter-agency working and the GSC will continue to play its part in the network of authorities that detect and disrupt criminal activity in the Island. It is vital that we maintain alignment with the international standardsâ requirements for combatting financial crime as they continue to be evolve.
âOver the last 25 years the Island has built a global reputation as a high-quality regulatory regime for eGaming and we have seen the sector grow and diversify. I am keen that we support responsible growth in this important sector by licensing quality operators who share our values of safety and fairness.â
The post The Isle of Man Gambling Supervision Commission Appoints Mark Rutherford as its New Chief Executive Officer appeared first on European Gaming Industry News.
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