Connect with us
Prague Gaming & TECH Summit 2024

Compliance Updates

BGC Supports UK Government’s Proposed 1% Gambling Levy

Published

on

bgc-supports-uk-government’s-proposed-1%-gambling-levy
Reading Time: < 1 minutes

 

The Betting and Gaming Council (BGC) has announced its support for the UK government’s proposed 1% gambling levy.

A spokesperson for the BGC said: “BGC members pledged £100m over four years to fund Research, Education and Treatment (RET) services to help prevent gambling-related harm and tackle problem gambling, which is paid through a unique voluntary levy scheme. They have gone further and will have donated £110m by March 2024, helping to protect the vital work of third sector RET providers.

“This current voluntary levy funds an independent network of charities which treats around 85 per cent of all problem gamblers receiving treatment in Great Britain. RET donations only go to charities accredited by the Gambling Commission and BGC members have no say on how the funding is spent.

Advertisement

“The BGC supports a new mandatory levy – indeed we proposed this to the Government ahead of the White Paper. Our industry has been the majority funder of RET for over 20 years. However, we believe it should apply to all operators including the National Lottery, without affecting good causes, who are not immune to having problem gamblers gamble with their products like scratch cards and instant win games.

“It must also be applied on a sliding scale, with smaller percentage contributions from land-based operators, including independent betting shops on our high streets that have struggled to recover after the pandemic and incur disproportionately higher fixed costs.

“There must also be adequate oversight to ensure levy funds are only distributed to charities and organisations delivering genuine RET services to ensure long-term, sustainable funding – including protecting existing third sector providers who are already doing vital work and who may now be at risk.”

Compliance Updates

ClearStake awarded ISO 27001 certification cementing its position as a trusted financial risk check provider

Published

on

clearstake-awarded-iso-27001-certification-cementing-its-position-as-a-trusted-financial-risk-check-provider
Reading Time: < 1 minute

 

Real-time risk profiling tool provider ClearStake has been awarded ISO 27001 certification, the globally recognised standard for data protection and system security, cementing its position as a trusted provider to the gambling industry.

To qualify for the ISO 27001, ClearStake was required to actively demonstrate the successful deployment and adherence to a robust Information Security Management System (ISMS), as part of a rigorous two-stage accreditation process with an independent auditor.

A key endorsement when expanding across global markets, the certification proves ClearStake’s team is fully compliant with international data protection and security standards, which were most recently updated by the International Organization for Standardization and the International Electrotechnical Commission in 2022.

Advertisement

Martin Burt, CEO at ClearStake, said: “At the heart of what we do at ClearStake is building a secure environment for operators to handle and process data. As such, we are delighted to receive the ISO 27001 certification, which reaffirms our position as a reliable and compliant technology provider.

“This is a vital step in our growth as a company and will give clients further assurance that we operate to the highest standards.”

Continue Reading

Compliance Updates

Stakelogic Live Receives License to Enter the Greek Market

Published

on

stakelogic-live-receives-license-to-enter-the-greek-market
Reading Time: < 1 minute

 

Stakelogic Live has received the green light from the Hellenic Gaming Commission to provide its industry-leading live casino content in the Greek market

Stakelogic Live, the in-demand provider of innovative live casino content, is set to launch in Greece after receiving approval from the Hellenic Gaming Commission.

As a result, Stakelogic Live will now be able to provide its exciting live casino content to any online casino that is licensed in the country. This will provide Greek players with the chance to sample Stakelogic Live’s plethora of live casino games.

Advertisement

Stakelogic Live streams its content live from state-of-the-art studios in Malta and the Netherlands and is already licensed by the Malta Gaming Authority. Its products range from standard live casino games such as American Blackjack, European Roulette and Auto Roulette to exciting game shows like Super Stake Blackjack, Super Stake Roulette 5000x and Speed Baccarat. All of these will be available at leading Greek Operators.

The provider is well-established in key markets across Europe, working with some of the industry’s leading operators. Players at Greek casinos will also get a chance to experience the newly launched Super Wheel™ bonus feature, an exciting money-wheel bonus that is a core feature on Stakelogic Slots.

Stephan van den Oetelaar, CEO at Stakelogic said: “Securing this license from the Hellenic Gaming Commission is a huge step forward for Stakelogic Live. Stakelogic has been active in the Greek market for a couple of years now, and Greek players have reacted well to our products.

Stakelogic Live offers premium, industry-leading live casino content, and we can’t wait for Greek players to be able to enjoy it for the first time.”

Advertisement
Continue Reading

Compliance Updates

Spillemyndigheden Issues DKK100,000 in Fines for Illegal Games Advertising

Published

on

spillemyndigheden-issues-dkk100,000-in-fines-for-illegal-games-advertising
Reading Time: < 1 minute

 

Denmark’s gambling regulator, Spillemyndigheden, has issued fines totalling DKK100,000 for an individual found to be advertising illegal games across two websites.

The games in question were being offered by operators without a licence in Denmark. Neither the identity of the websites nor the individual were disclosed by Spillemyndigheden.

The regulator said the two websites linked to sites where users could gamble, even if they were registered with ROFUS, the national self-exclusion programme in Denmark. Only sites that do not hold a licence allow users registered with ROFUS to gamble.

Advertisement

Spillemyndigheden added that it is an offence to promote websites and operators without a licence. The regulator reported the individual to the police, which in turn ruled they had broken the law.

This led to the issuing of two fines of DKK50,000 – one for each website. This left the total fine at DKK100,000. The total was recommended by Spillemyndigheden.

The case marks the first occasion where fines have been issued for promoting how players can gamble even after registering with ROFUS.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2023 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania