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Compliance Updates

Fanatics Appoints Gregg Winiarski as Chief Legal Officer

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Fanatics has appointed Gregg Winiarski as its new chief legal officer. Winiarski will oversee legal affairs, including its betting and gaming division and the commerce and collectibles businesses.

Winiarski has spent the last two years working in an advisory role for Fanatics. Previously, he was executive vice president and general counsel for technology and media business IAC. He has also worked as an associate with Skadden, Arps, Slate, Meagher & Flom LLP.

Michael Rubin, chief executive of Fanatics, said: “I’m thrilled to have Gregg join our team as chief legal officer for the entire Fanatics global enterprise. Gregg is an incredibly strategic legal executive with deep expertise that spans more than 20 years across M&A, regulatory and compliance functions. He will be an invaluable asset as we scale our collective businesses to become the leading digital sports platform for fans worldwide.”

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Winiarski said: “I’m excited to continue my journey with Fanatics. During my time as an advisor to the company, I witnessed first-hand the limitless potential we have to create the ultimate digital sports platform. I am eager to support the entire organization as we look for ways expand and enhance the end-to-end fan experience.”

Compliance Updates

Imagine Live Receives ONJN License

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Imagine Live, the live casino provider has been approved by ONJN – the Romanian regulator

Imagine Live is thrilled to announce that it has successfully obtained the Class II license in Romania through its subsidiary ImagineLive Ro for the streaming of Live Casino games.

Martin Martirosyan Imagine Live Group CEO, commented: “Imagine Live is an established brand committed to delivering exceptional products and gaming experiences by putting the player at the centre of the live gaming experience. Imagine Live is equally committed to providing premium and customised live dealer solutions with bespoke tables and studios for our Romanian operator partners to ensure a complete brand experience that players enjoy and return, which drives deeper engagement and revenue opportunities.

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The successful regulatory Class II approval from the Romanian ONJN regulatory authority further underpins our company’s growth plans and investments for state-of-the-art live dealer studios and customised live dealer product experiences.”

The post Imagine Live Receives ONJN License appeared first on European Gaming Industry News.

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Compliance Updates

Livespins levels up with Malta licence

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Live streaming game provider awarded supplier licence from the Malta Gaming Authority with operator deals and new market launches to follow

Livespins, the live-streaming game provider that sits within the casino lobby, is now the proud holder of a supplier license from the Malta Gaming Authority (MGA).

Securing MGA approval is a milestone moment for the award-winning Livespins, which can now offer its socially-charged Bet With Streamers game to operators licensed by the regulator.

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This significantly increases Livespins’ addressable audience both in terms of the number of operators it can work with and the markets it can enter.

Livespins has transformed the online casino space with its Bet With Streamers game, which allows operators to tap into the huge demand for streaming content.

Not only do players get to watch streamers fire up the reels on blockbuster slots from the biggest studios, but they can also bet with the streamers.

This creates a group bet and a shared experience but with each player able to select their own bet and number of spins. If the streamer wins, they win. It’s that simple.

Social engagement is at the heart of the Livespins experience with players able to chat with the streamer and each other throughout – they can even drop reactions, emojis and gifs.

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This helps to build a community around Bet With Streamers and also the operator’s brand, allowing online casinos to unlock unprecedented retention rates as players keep coming back for more.

Because Livespins sits within the casino lobby, players are given all of the responsible gambling and safe gaming tools required under the operator’s local and international licences.

Michael Pedersen, Chief Commercial Officer at Livespins, said: “We are thrilled to have secured a supplier licence from the Malta Gaming Authority which is a testament to the quality of the product and experience we provide, and how it aligns with the regulator’s goals regarding responsible gambling.

“Malta licences are highly valued, allowing suppliers to engage with a large number of operators in markets across the world. With our licence in hand, we will now be striking deals with tons of MGA operators and taking the Livespins revolution to even more markets across the world.”

The post Livespins levels up with Malta licence appeared first on European Gaming Industry News.

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Australia

Western Australia Increases Penalties to Strengthen Gambling Laws

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The Government of Western Australia (WA) has increased enforcement powers and penalties to bolster the regulation of WA’s gambling industry through law reform.

The reforms address the findings and recommendations of the Perth Casino Royal Commission which found that the legislation needed to be modernised to be fit for purpose.

Amendments include significant increases in a range of penalties when there is a failure to comply with gambling laws and directions issued by the Gaming and Wagering Commission (GWC).

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Gaming and Wagering Commission Chair Gary Dreibergs said: “I welcome the reforms which will greatly assist the Gaming and Wagering Commission in our important task to enforce gambling laws and disrupt illegal gambling in WA.

“The substantial increase in penalties will act as a more effective deterrent and a more appropriate punishment for law breakers who may regard current lower penalties as an acceptable risk when they consider the profits that can be made from subverting the laws.

“The extra powers for the GWC will help to significantly boost our ability to carry out successful investigations and prosecutions to stamp out illegal activity, which often attracts money launderers and organised crime gangs.”

The post Western Australia Increases Penalties to Strengthen Gambling Laws appeared first on European Gaming Industry News.

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