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.”
Compliance Updates
ClearStake awarded ISO 27001 certification cementing its position as a trusted financial risk check provider
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.
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.”
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.
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.”
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.
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.
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