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Compliance Updates

Stakers Exits UK Market

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Online betting and casino brand Stakers has surrendered its UK gambling licence and has ceased all operations, following the dismissal of its appeal against its licence suspension.

First-Tier Tribunal Judge Aleksander issued a written decision dismissing Stakers’ appeal against the suspension of its licence.

The firm’s initial application to appeal had been refused by the Tribunal, and so by the time of the hearing its remote casino operations in the UK had been “effectively extinguished”.

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Stakers’ licence was initially suspended by the UK Gambling Commission (UKGC) in March 2020 due to a “number of compliance issues,” under sections 116 and 118 of the 2005 Gambling Act.

The UKGC subsequently informed Stakers that it should advise players not to place any bets through the website, and should also support customers in withdrawing funds in their accounts.

Throughout the appeal process, a “significant number of regulatory issues and alleged compliance failings” were addressed, whilst Stakers questioned whether the Gambling Act permitted the UKGC to compel operators to participate in compliance assessments via Skype.

The judge concluded that he considered assessments conducted over Skype to be lawful for production of documents and records, but also found that UK gambling legislation does not require operators to display live operational environments to the UKGC via the platform, and firms are also not required to provide test accounts.

Additionally, although evidence of compliance failings could be a criminal offence under the Act, the Judge ruled that Commission officers were not required to caution individuals under the Police and Criminal Evidence Act prior to recorded compliance assessments undertaken via Skype.

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Richard Williams, the solicitor from Joelson law firm who represented Stakers, noted that a total of 12 months had passed since the company’s licence was initially revoked, including the six months between the final hearing and the Tribunal’s decision – which damaged Stakers’ chances of maintaining its operations.

He remarked: “Operators whose licence has been suspended, even where they do not agree with the Commission about alleged regulatory failings, will understand that appealing a suspension to the First-tier Tribunal may not be a viable option if they want to keep their business open.”

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Fennica Gaming Granted Supplier License for Ontario Market

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Fennica Gaming has announced that it has been granted a gaming supplier license in Ontario, Canada. This milestone marks a significant step in the company’s expansion strategy, allowing it to offer its cutting-edge gaming experiences to gaming operators in one of North America’s most dynamic regulated markets.

The supplier license, granted by the Alcohol and Gaming Commission of Ontario (AGCO), enables Fennica Gaming to introduce its portfolio of entertaining and high-quality games to gaming operators across the province. This registration empowers Ontarian operators, whether online or land-based, to access the omnichannel offerings developed in the Nordics.

“We are thrilled to receive our B2B supplier license in Ontario and to offer our advanced gaming solutions to operators in the region. After a thorough application process, we can now proudly and prominently display our registration and achievement. We have followed the market in North America for a long time and Ontario is an excellent example of market that is well organized. It represents an exciting market with immense potential, and we are committed to delivering secure, entertaining, and trustworthy gaming experiences tailored to local preferences,” Timo Kiiskinen, Managing Director of Fennica Gaming, said.

Fennica Gaming’s Nordic gaming experience and heritage as an omni-channel gaming operator through its parent company Veikkaus offers a broad range of entertainment for Ontarian operators with a player-first attitude. This registration supports Fennica Gaming’s commitment to a sustainable industry, enabling operation in compliance with Ontario’s local regulatory framework.

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The post Fennica Gaming Granted Supplier License for Ontario Market appeared first on Gaming and Gambling Industry in the Americas.

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Compliance Updates

Romania to Limit Gambling Spending to 10% of Monthly Income

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Romania continues to attempt to counter problem gambling among its population in a new draft bill that has been sent for consideration to the country’s lawmakers.

The bill proposes that Romanians will be banned from spending more than 10% of their previous monthly income on gambling and betting.

Banks and financial institutions where players have individual accounts would be responsible for setting the spending limitations, and could be liable for fines up to 1% of their actual turnover should they fail to enforce the potential new rules.

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Casino operators and other gambling premises would be responsible for enforcing the spending limit in physical buildings, although it is certainly not clear how that would operate in practicality.

It is also suggested that the ANAF (Agenția Națională de Administrare Fiscală) – Romania’s National Agency for Fiscal Administration, would be ordered to provide a platform that would allow licensed operators to query a player’s balance to check on the 10% limit.

Gambling operators would then have to report in real-time player spending in order that nobody would be able to game the system, simply by hopping quickly between establishments.

Failure to comply with these undertakings would result in a fine to the operator of between RON 200,000 and 500,000 (between $43,000 and $108,000) for a first offence. Meanwhile a second offence would also see the cancellation of the operator’s licence.

Romania has been trying hard in recent years to combat problem gambling within its boundaries. In October last year, it banned gambling venues in small towns and villages with populations of less than 15,000 people.

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The post Romania to Limit Gambling Spending to 10% of Monthly Income appeared first on European Gaming Industry News.

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Compliance Updates

MGA Marks Problem Gambling Awareness Month: Strengthening Their Commitment to Safer Gambling

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The Malta Gaming Authority (MGA) is stepping up its efforts to combat gambling-related harm, unveiling new initiatives to strengthen player protection during Problem Gambling Awareness Month this March.

A key development is the upcoming launch of a self-assessment tool, designed to help individuals evaluate their gambling habits and access tailored support. First announced during Safer Gambling Week in November, the initiative is now in its final stages, with the MGA working to ensure it provides meaningful assistance to those who need it.

The Authority also continues to enhance its guidance and supervision. By strengthening the monitoring of self-exclusion systems and deepening the analysis of player protection mechanisms, MGA is refining its approach to mitigating gambling-related harm.

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“Collaboration remains central to our mission. We are working closely with the Responsible Gaming Foundation and Aġenzija Appoġġ, fostering further opportunities for knowledge exchange. Next month, we will host the next workshop in our ongoing series of focus groups with local NGOs. These sessions reinforce transparency in our regulatory approach across both the remote and land-based sectors, while addressing emerging challenges for individuals seeking support,” MGA said.

By adopting a data-driven approach and collaborating with international partners, the MGA remains steadfast in its commitment to reducing gambling-related harm and strengthening player protection.

The post MGA Marks Problem Gambling Awareness Month: Strengthening Their Commitment to Safer Gambling appeared first on European Gaming Industry News.

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