Compliance Updates
Kate Nicholls OBE to join UK Gambling Minister, Shadow Minister and fellow industry CEO’s at 2023 bacta Convention
Kate Nicholls OBE, CEO of UKHospitality and one of the most respected and influential voices in the sector is the latest thought-leader to accept an invitation to speak at this year’s bacta Convention (Wednesday 22nd November, County Hall, London).
Kate Nicholls will join a line-up of leading industry and political figures which includes the UK Minister responsible for gambling, The Rt Hon Stuart Andrew MP, the Shadow Minister, Alex Davies-Jones MP, the Gambling Commission’s Andrew Rhodes, Michael Dugher of the Betting and Gaming Council, the Bingo Association’s Miles Baron as well as representatives from The Bank of England who will be sharing the latest trends impacting payments including what the Bank is doing to protect access to cash.
Bacta CEO John White who is curating the Convention believes the line-up of speakers reflects the reputation enjoyed by the UK trade association and its members who are key supporters of economies and communities on the high street and at the coast.
He stated: “We have aimed extremely high in our endeavours to bring together the key voices from within and outside the industry and I’m delighted at the response we’ve had.
“Kate Nicholls OBE, our latest confirmed speaker played a pivotal role during the darkest days of lockdown when she took the hospitality sector’s arguments to the heart of government. It will be fascinating to listen to her perspective on that period, what help she believes the sector needs from future governments and how land-based hospitality businesses can contribute to the UK’s economic recovery.”
“The bacta Convention is part information exchange, part debate and part inspiration and I’m confident that our distinguished speakers will tick all of those boxes.”
Compliance Updates
Altenar celebrates Greek licence in landmark moment for business
Leading sportsbook goes live with full multi-product offering across key market
Altenar, a leading sportsbook and iGaming software provider, has obtained a B2B licence in Greece, expanding its outreach across another established European territory.
The company, which already has an office in Athens, has secured a licence from the Hellenic Gaming Commission, boosting Altenar’s presence in the country and adding a Greek licence to its already comprehensive portfolio.
Altenar’s expertise reaches more than 50 countries where gambling is legalised and the Greek licence, which is valid for seven years, paves the way for the company to offer its services in a new jurisdiction.
Since the introduction of the new regulatory framework, online betting in Greece has emerged as a success story, with the country undergoing robust growth, as market data shows tax revenues expected to reach €540,000,000 this year and the creation of numerous job opportunities.
Marina Zacharopoulou, Compliance Manager at Altenar, said: “The process of obtaining a licence for Altenar was rigorous, albeit familiar due to our experience with similar procedures in other jurisdictions. While we encountered typical challenges along the way, we navigated them smoothly.
“Achieving a Greek licence holds special significance for Altenar, as a considerable portion of our team is Greek, making it feel like a homecoming. Personally, I believe that Greece’s historical connection to games of chance, evident in the popularity of gambling in ancient times and the presence of deities like Tyche, adds cultural resonance to our licensure.
“Securing our presence in Greece through licensure not only demonstrates our commitment to regulatory compliance but also positions us to capitalise on the country’s expanding market.”
The post Altenar celebrates Greek licence in landmark moment for business appeared first on European Gaming Industry News.
Compliance Updates
Novibet Announces Digital Compliance Partnership with W2 by FullCircl
Novibet, a global leader in online betting, has announced that it has selected FullCircl’s identity solutions platform, W2, as its new digital compliance partner. The partnership will help Novibet meet regulatory compliance requirements and ensure its customers gamble in a safe and secure environment.
The solution W2 has designed for Novibet strikes the perfect balance between compliance and customer engagement. A suite of Anti-Money Laundering (AML) solutions provides the bookmaker with access to global sanctions, Politically Exposed Persons (PEPs), and watchlist data from key jurisdictions across South America, North America, and the EU, through a single API access point. Screening millions of records per month for Novibet prevents money laundering at initial onboarding stage, through ongoing monitoring, and at point of transaction. This ensures a swift journey for Novibet’s ever-growing customer base, whilst protecting its reputation.
Giannis Papastamou, Head of Customer Compliance & Group MLRO at Novibet, said: “W2 came highly recommended by DTI Solutions, a leading cyber security integrator to the gambling industry. This collaboration underscores our dedication to maintaining the highest standards of regulatory compliance and ongoing player protection while delivering a seamless and secure gaming experience for our customers. Based on what we’ve seen so far, we’re already keen to explore ways to integrate more of the W2 product suite into our platform.”
Jess Whitehouse, Head of Customer Success, Identity Solutions at FullCircl commented: “We are delighted that Novibet has selected W2 by FullCircl. We’re providing them with a best practice approach to gambling compliance, including non-intrusive identity verification checks that balance the need for customer due diligence (CDD) with frictionless onboarding and superior player experience. I would also like to thank our trusted partner DTI for their role in bringing this partnership to fruition.”
The post Novibet Announces Digital Compliance Partnership with W2 by FullCircl appeared first on European Gaming Industry News.
Compliance Updates
PGA of America Joins AGA’s Have A Game Plan.® Bet Responsibly.™ Campaign
The PGA of America is partnering with the American Gaming Association’s (AGA) Have A Game Plan.® Bet Responsibly. public service campaign to promote responsible sports wagering.
Announced ahead of the 2024 PGA Championship—May 16-19 at Valhalla Golf Club in Louisville, KY—the partnership will feature co-branded responsible gaming content, educational materials and strategic activations across PGA of America’s digital and social platforms.
“As the PGA of America welcomes ESPN BET as the Official Sports Betting Sponsor of the 106th PGA Championship, it is core to our values to ensure golf fans have the right tools in their bag to bet responsibly,” said PGA of America Chief Commercial Officer Jeff Price. “Activating AGA’s Have A Game Plan campaign during this year’s PGA Championship and beyond will be an integral part of our strategy as interest in golf wagering grows.”
Launched in 2019, Have A Game Plan brings legal gaming operators, sports teams, leagues, media companies and other organizations together around a common consumer education message, focusing on the core principles of responsible wagering:
- Set a budget and stick to it.
- Keep it social—sports betting is a form of entertainment for adults.
- Know the odds.
- Play with legal, regulated operators.
“We look forward to our partnership with the PGA of America amplifying Have A Game Plan’s principles with golf enthusiasts and bettors across the country,” said AGA Senior Vice President of Strategic Communications Joe Maloney. “Together, we’re driving the message home: set a budget, stick to it, and wager responsibly.”
Other league Have A Game Plan partners include the MLB, NASCAR, NBA, PGA TOUR, NHL and WNBA. For more information about the Have A Game Plan initiative and resources on responsible gambling, visit HaveAGamePlan.org.
-
Baltics6 days ago
GiG continues regulated market expansion growth, with new launch in Estonia
-
Alcohol and Gaming Commission of Ontario (AGCO)6 days ago
Soft2Bet strengthens integrity monitoring with IBIA membership in Ontario
-
Latest News5 days ago
Games Global and AreaVegas Games unleash the mythical beast in Area Link™ Dragon
-
Compliance Updates5 days ago
Spinomenal is now a registered provider in Peru
-
Africa5 days ago
3 Oaks Gaming to enter South Africa with Supabets
-
eSports4 days ago
Axlebolt and Epic Esports Events announce WINLINE EPIC Standoff 2: Brasil #2
-
Canada4 days ago
Casino Time Elevates Social Gaming in Ontario with Launch of iGaming Website
-
Latest News4 days ago
Paf Focuses on Young People with Loss Limit Change