Compliance Updates

UKGC Imposes £5.85M Fine on Daub Alderney

Published

3 years ago

September 2, 2021

Reading Time: < 1 minute

The UK Gambling Commission (UKGC) has imposed a fine of £5.85m ($8.05m) on Rank Group subsidiary Daub Alderney for social responsibility and anti-money laundering failures.

Three customers were allowed to deposit and lose amounts of over £40,000 each. The first customer was allowed to lose £43,410 in four months despite showing gambling addiction signs, such as using four different cards in one day and cancelling a withdrawal of over £130,000.

The second customer lost £40,500 within one month and the operator only sent two pop-up safer gambling warnings. A third customer was allowed to lose £39,000 during a period of almost four months while receiving one single safer gambling warning.

European Gaming Congress 2024 (Warsaw, Poland)

During the investigation, it was also found that customers were allowed to deposit amounts of up to over £50,000 without having to supply an adequate source of funding evidence; meaning the operator doesn’t have effective policies for anti-money laundering and anti-terrorist financing.

Rank Group, which acquired Daub Alderney in October 2019, admits the operator did not have appropriate measures in place to detect or prevent the incidents.

Helen Venn, Executive Director of UKGC, said: “The licensee’s culpability, and the requisite penalty reflecting that culpability, cannot be affected by the fact its shares have now passed from one set of investors to another.”

Canada

ComeOn Group adds sportsbook to its offering in Ontario

Published

16 hours ago

November 8, 2024

GamingAmericas.com

comeon-group-adds-sportsbook-to-its-offering-in-ontario

ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.

ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.

ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.

Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”

*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)

Compliance Updates

Aviatrix lands in the Netherlands

Published

18 hours ago

November 8, 2024

George Miller

Reading Time: < 1 minute

Aviatrix, the award-winning crash game, has received its certification in the Netherlands, meaning Dutch players can enjoy the popular title for the first time.

The certification in the Netherlands opens up yet another important regulated market for Aviatrix, which was recently named ‘Game of the Year’ at the EGR Operator Awards 2024.

Gross gaming revenue in the Netherlands hit €1.39 billion in 2023, and is expected to continue to grow over the coming years.

Dutch operators will now be able to capture this growth via Aviatrix’s innovative title, which is proving hugely popular in regulated markets worldwide.

Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “The Netherlands has been on our radar for some time, so this is a big day for us here at Aviatrix. We can’t wait to see Dutch players enjoying the title, and we will be working closely with some very special partners in the Netherlands to ensure this game is widely available very soon.”

Part of what makes Aviatrix so successful is the constant updates to the game, which keeps it fresh and exciting for players.

This has included a full redesign with new, 3D assets, as well as a first-of-its-kind free bets function via in-game promo codes.

The post Aviatrix lands in the Netherlands appeared first on European Gaming Industry News.

Compliance Updates

Comtrade Gaming Receives UKGC Approval to Distribute Gaming Content

Published

18 hours ago

November 8, 2024

Niji Narayan

comtrade-gaming-receives-ukgc-approval-to-distribute-gaming-content

Reading Time: < 1 minute

Comtrade Gaming has obtained a supplier license from the UK Gambling Commission (UKGC). Players in the UK can now enjoy a variety of games from Comtrade Gaming’s portfolio, including the latest Witch Crash’d, Pilot Piggy, Sweet Treasures, Wild Minner, Diamond King, Diamonds in the Sky, White Elephant and many more.

“This is a significant achievement for Comtrade Gaming. The UK market is a core part of our growth strategy, and this license allows us to bring our games to more operators and players. We’re excited to work with all operators in the UK market and provide a unique gaming experience for their audiences,” said Steven Valentine, Chief Commercial Officer.

This milestone marks a pivotal step for Comtrade Gaming as it continues to grow within regulated markets and reach new players globally.

The post Comtrade Gaming Receives UKGC Approval to Distribute Gaming Content appeared first on European Gaming Industry News.