Compliance Updates
Two Players from Korn Ferry Tour Suspended for Betting on PGA Tour Events

The PGA Tour announced that it has suspended two players on the Korn Ferry Tour for violating the Integrity Program. In an emailed statement, the tour said Vince India and Jake Staiano placed bets on PGA Tour competitions, though did not bet on tournaments in which they were participants.
The tour said Vince India is suspended from PGA Tour-sanctioned competition for six months, with the suspension having begun on Sept. 18, 2023. Staiano is banned from PGA Tour-sanctioned tournaments for three months, with his suspension starting on Sept. 11, 2023.
The tour said it will have no further comment on the suspensions at this time.
Vince India, 34, is a University of Iowa alum who has played fulltime on the KFT since 2019 and has career KFT earnings of $569,844. He had eight top-10 finishes from 2019-23 but didn’t post a top-10 this season in 22 starts, while making half the cuts. He has three career PGA Tour starts without making a cut.
Staiano, 26, has played in 17 total events on the KFT over the past two seasons, with the Colorado State product earning $30,910 in the six cuts he’s made. He played eight times in 2023 and made three cuts, with one top-25 finish. Staiano has not played on the PGA Tour.
The tour’s Integrity Program manual, which was last updated in September 2021, states that its primary purpose is “preventing betting-related corruption in PGA TOUR competitions”.
Among the prohibited actions in the manual is “Betting on Professional Golf Events”. The text of the rules read: “Any Covered Person, directly or indirectly, Betting on the outcome or any other aspect of any PGA TOUR Event, any other professional golf competition or any elite amateur golf competition (including Olympic Golf) anywhere in the world (Professional Golf Event). In this Manual, ‘Betting’ means (A) placing any money or other thing of value on the occurrence of an uncertain outcome with the expectation of return or (B) participating in any fantasy or other game that awards a prize of value, including any free-to-play, paid or daily fantasy game, unless expressly approved by the PGA TOUR.”
Anastasia Rimskaya
Aviatrix receives certifications in Brazil

The award-winning crash game Aviatrix has received certification for Brazil’s online gaming market, ensuring full compliance in the market.
Aviatrix has been granted full Federal Certification to offer its games via licensed operators in the country. Meanwhile, Aviatrix has also acquired a dedicated certification for the state of Paraná.
This means Brazilian players can now enjoy the most innovative crash game on the market – one that has already gained a loyal following across Latin America.
Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “This is a huge milestone for Aviatrix. Brazil is one of the most exciting, newly-regulated markets in the world. There is massive demand for high-quality content, and that’s why we know Aviatrix is going to thrive. We’re looking forward to bringing the game to the country via some world-class partners. Get ready for takeoff.”
Aviatrix has been rapidly expanding in Latin America over recent months, including in Peru and Colombia.
The company was also named ‘Rising Star in Casino’ at last year’s SBC Awards Latinoamérica.
The post Aviatrix receives certifications in Brazil appeared first on Gaming and Gambling Industry in the Americas.
Africa
Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited

Readen Holding Corporation, a venture capital specialising in Fintech, Digital Payments and E-commerce, has announced the successful signing of the final agreement to acquire an 80% controlling stake in Morrich Lottery Limited, a fully licensed lottery operator in Nigeria. This milestone marks RHCO’s official entry into the African gaming market — one of the fastest-growing and most promising sectors globally.
With the closing of this acquisition, RHCO now holds active licenses in Nigeria for lottery, sportsbook and casino operations, unlocking access to an estimated $2.5 billion gaming market projected to grow over 9% annually through 2030. This move positions RHCO to become a major international force in regulated gaming, entertainment and fintech infrastructure.
Ridzky Berg, CEO of RHCO, said: “This is more than an acquisition — it’s a strategic launchpad into one of the most dynamic gaming markets in the world. Nigeria’s youthful population, expanding internet access, and growing appetite for digital gaming make this a prime market. With our proven fintech backbone and seasoned leadership, we’re ready to set a new standard for integrated, secure, and user-friendly gaming platforms across the region.”
The post Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited appeared first on European Gaming Industry News.
Compliance Updates
Swedish Regulator Imposes Fine of SEK12M on Videoslots

The Swedish gambling regulator, Spelinspektionen, has fined Videoslots SEK12m (£937,016) for failing to help customers better manage their gambling behaviour when it had reason to do so.
The regulator said that the company did not take sufficiently effective measures to intervene on excessive gaming and “did not act promptly enough.”
The fine, along with a formal warning, comes after a Spelinspektionen investigation into Videoslots’ customer activity in spring last year. The regulator found that the company breached its duty of care obligations.
Twelve customers’ gaming behaviour was analysed, with the regulator concluding that their gambling patterns, deposit behaviours and “significant losses” were among the “multiple indicators” that the customers engaged in excessive gaming.
A number of the 12 customers returned to Videoslots’ platform to play “multiple times” during the day or play “continuously for many hours.”
The regulator said all of the customers had “very high deposit limits.” Three had limits of SEK1m (£78,164), one had a limit of SEK4.5m (£351,912) and another player’s limit was SEK300m (£23.5m).
All customers deposited “large amounts” during the review period, Spelinspektionen said, including one who deposited SEK1.8m (£140,785) and another who deposited SEK1.3m (£101,721).
“Several customers exhibited a deposit pattern where withdrawn amounts were deposited again shortly after being withdrawn,” the regulator said.
“For several customers, there were also a large number of deposits in a short period. Some customers regularly made multiple deposits per gambling day… and one customer had days with up to 28 deposits.”
“In light of the above, Spelinspektionen assesses that all the customers have engaged in excessive gambling during the review period,” the regulator concluded.
“The company has pointed out that individual indicators, on their own, may not necessarily be signs of excessive gambling. According to Spelinspektionen, all the above-mentioned indicators are signs of excessive gambling, and the overall assessment of all indicators forms the basis for the conclusion.”
The post Swedish Regulator Imposes Fine of SEK12M on Videoslots appeared first on European Gaming Industry News.
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