Compliance Updates
UK Gambling Commission to Ban Online Credit Card Bets
The UK Gambling Commission is preparing to ban bookmakers from taking credit card deposits for betting online, in the latest move to prevent the exploitation of vulnerable customers. It comes two years after charity groups such as GambleAware and Citizens Advice urged the government to implement the policy to protect people from sliding into gambling addiction.
Major betting websites including Betfair, PokerStars, 888 and Bet365 all currently allow their customers to make deposits online using credit cards, which has led to warnings from campaigners that gamblers risk racking up huge debts.
The regulator is expected to unveil a full ban on credit cards being used for online gambling accounts. Customers will be limited to using their debit cards to prevent them from overextending themselves. The consultation that led to the commissionâs decision includes e-wallets, indicating that payment services such as PayPal will probably be included in the ban.
UKGC is also planning to announce that membership of GamStop will become a condition of online casinosâ licence to operate. GamStop allows people who want to block themselves from gambling voluntarily to give their details, which are then shared to prevent them from opening new accounts elsewhere.
Compliance Updates
Soft2Bet Secures General Licence for Other Games in Spain
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Soft2Bet, a leading iGaming provider and operator, has acquired a General Licence for other games by the Directorate General for the Regulation of Gambling (DGOJ) in Spain. This licence authorises Soft2Bet to offer casino products in the Spanish market, reinforcing the companyâs commitment to providing a safe, secure and fully compliant online gaming environment that meets the highest standards of responsible gaming.
This regulatory milestone allows Soft2Bet to expand its portfolio and deliver tailored casino gamification experiences to Spanish players. By focusing on localised content and innovative features, Soft2Bet continues to align with Spainâs evolving market landscape and player preferences.
Operating across multiple markets, Soft2Bet provides highly customisable solutions powered by its proprietary Motivational Engineering Gaming Application (MEGA). The companyâs flexible approach combines off-the-shelf solutions with bespoke options, ensuring the right level of customisation to meet the diverse needs of its partners.
Leveraging its extensive B2C experience, Soft2Bet has successfully developed and operated multiple brands, such as CampoBet, Betinia, Don.ro across various highly competitive markets. This has served as a strong proof of concept, delivering high-performance results, increased retention and strong acquisition rates.
David Yatom Hay, General Counsel of Soft2Bet, said: âSecuring this licence in Spain marks a significant step in our ongoing expansion and reinforces our commitment to compliance and responsible gaming. Our rapid growth and dedication to industry standards enable us to provide exceptional gaming experiences tailored to the needs of Spanish players and market alike.â
The post Soft2Bet Secures General Licence for Other Games in Spain appeared first on European Gaming Industry News.
Africa
Delasport Enters the South African Market
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After successfully complying with Brazilâs brand-new regulations, Delasportâs sportsbook is now officially certified for the South African market as well.
Gaming Laboratories International (GLI) issued an Affirmative Statement of Compliance to the global B2B supplier, making their expansion possible in numerous SA jurisdictions: Gauteng, Mpumalanga, KwaZulu-Natal, Western Cape, Eastern Cape, Northern Cape, Free State, North West, and Limpopo.
This functional certificate opens the door to cutting-edge sports betting features for the South African audience. Advanced personalization through My Sportsbook, My Event Builder, and My Combo makes Delasportâs solution a critically acclaimed product.
South Africa and Africa in general are becoming more and more important points on the global iGaming map, since they have a rising population of more than 1.5 billion people according to the United Nations Economic Commission for Africa. Nearly 60% of the population are aged 25 or below. This contributes to the fact Africa is the fastest-growing mobile market with a âleapfrogging phenomenonâ â millions of peopleâs first experience of the internet is via their mobile devices.
âWe are excited to enter such a promising regulated market like South Africa and show what real localization looks like,â Delasportâs CEO Oren Cohen Shwartz comments. âAt Delasport, we believe in being both global and local â always thinking about the big picture while not losing sight of the smallest details. For us, entering the South African market doesnât simply mean translating the interface, but tailoring the experience according to their habits, local providers, regional content, and much more.â
The post Delasport Enters the South African Market appeared first on European Gaming Industry News.
Compliance Updates
Michigan Gaming Control Board Orders MyBookie.ag to Cease Operations in the State
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The Michigan Gaming Control Board (MGCB) has issued a cease-and-desist letter to Duranbah Limited N.V., the operator of MyBookie.ag, based in Curaçao. The site offers a variety of casino-style games, such as slots, poker, and live-dealer games like blackjack, roulette, and craps. It also allows users to place bets on sporting events and horse races.
MGCB Executive Director Henry Williams stressed the agencyâs dedication to safeguarding consumers and ensuring compliance with Michiganâs gaming regulations.
âOur investigation into MyBookie.ag found that their operations were accessible to Michigan citizens, which violates state laws. We are taking strong action to uphold the principles of fair and legal gaming,â Williams said.
MyBookie.ag offers numerous payment methods for deposits and the funding of playersâ accounts, including Visa, MasterCard, American Express, PayPal, various cryptocurrencies (Bitcoin, Ethereum, Litecoin, and others), and MoneyGram. However, withdrawals can only be made via Bitcoin or bank wire transfer.
The MGCBâs investigation revealed that MyBookie.agâs operation of online casino-style games for paying customers, without a valid Michigan gambling license, breaches several state laws, including:
⢠Lawful Internet Gaming Act: Internet gaming is only permitted by licensed operators. Only casinos licensed under the Michigan Gaming Control and Revenue Act and federally authorized tribal casinos within Michigan may apply for such a license.
⢠Michigan Gaming Control and Revenue Act: Operating a gambling business without an MGCB-issued license is a felony, carrying penalties of up to 10 years in prison, a fine of up to $100,000, or both.
⢠Michigan Penal Code: Gambling, which involves consideration, prize, and chance, is broadly prohibited. Accepting money or anything of value with the understanding that it will be paid based on the outcome of an uncertain event is illegal.
Duranbah Limited N.V. has 14 days from receipt of the letter to cease offering gambling services to Michigan residents, as required by the cease-and-desist letter. If the company fails to comply, the MGCB is prepared to collaborate with the Michigan Attorney Generalâs Office for further legal actions.
The post Michigan Gaming Control Board Orders MyBookie.ag to Cease Operations in the State appeared first on Gaming and Gambling Industry in the Americas.
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