Compliance Updates
Missouri Valley Conference Partners with U.S. Integrity
The Missouri Valley Conference and U.S. Integrity announced a partnership that will provide MVC with integrity monitoring software that will play a pivotal role in protecting the integrity of their Conference and each member institution’s athletic department.
“The partnership with U.S. Integrity is critical based on the rapidly evolving sports betting landscape. It reflects the commitment of the membership to protect the integrity of all Missouri Valley Conference sports,” MVC Deputy Commissioner Jill Redmond said.
USI will provide integrity monitoring services via its proprietary dashboard to The Missouri Valley Conference. USI conducts analysis across dozens of data sets to proactively identify irregular contest-level, officiating & wagering patterns.
“We are thrilled to partner with The Missouri Valley Conference, as they continue their efforts in being proactive in an evolving integrity and sports wagering space. The team here at USI are thrilled to be working with Jill and the team at MVC. The collaboration and cohesive partnership through USI’s integrity initiatives will provide the best coverage and real time alerts to the Missouri Valley Conference,” Matthew Holt, CEO & co-founder of USI, said.
The Missouri Valley Conference – the nation’s second-oldest NCAA Division I conference – continues to be a leader in college athletics and is one of the nation’s most progressive conferences, celebrating its 117th season in 2023-24. The Valley brand remains very strong, both regionally and nationally, and the great athletic tradition of the Conference remains a compelling force in recruiting student-athletes and in marketing all the MVC programs. League members have worked together to focus on common goals and objectives, placing a high value on league harmony, while continuing to invest in athletic programs to compete at the highest level.
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Digitain strengthens its regulated presence in Europe by obtaining Belgium’s E Category License.
Digitain, the leading iGaming solutions provider, has announced that it has been officially licensed to operate in Belgium, marking a significant milestone in the company’s ongoing European expansion. This achievement highlights Digitain’s commitment to compliance, innovation, and delivering trusted solutions to its global partners.
Belgium is a highly regulated jurisdiction with strict standards to ensure fair play and responsible gaming. Securing this license further strengthens Digitain’s reputation as a reliable and compliant technology provider, enabling it to offer its award-winning solutions fully aligned with local regulations.
Digitain remains committed to expanding its regulated market presence, fostering partner success, and upholding the highest standards of compliance and data protection.
The post Digitain Expands into Belgium with Regulatory License Approval appeared first on European Gaming Industry News.
Compliance Updates
Spelinspektionen Develops New Risk Assessment for Money Laundering in the Swedish Gambling Market
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Spelinspektionen, the Swedish Gambling Authority, has developed a new risk assessment for money laundering in the Swedish gambling market.
In this risk assessment, which replaces previous assessments, the various approaches that enable licensees to be exploited for money laundering, referred to as threats, have been updated to better reflect the current situation. The vulnerabilities of the gaming forms, i.e. circumstances that are assessed to be able to affect the possibility of a threat occurring, have also been revised.
The method for assessing risk has also been revised to harmonise the Swedish Gambling Authority’s risk assessment with the national risk assessment produced by the Coordination Function for Measures Against Money Laundering and Terrorist Financing and the supranational risk assessment published by the European Commission.
The Swedish Gambling Authority has previously assessed that there is a low risk of land-based commercial casino gaming being used for money laundering. The authority’s regulations have therefore exempted the gaming form from the application of the money laundering regulations and a number of provisions in the Gambling Act. In the Swedish Gambling Authority’s new revised risk assessment, the risk of the gaming form being used for money laundering is no longer assessed as low. As a result, the Swedish Gambling Authority has initiated regulatory work to review the exemptions from the requirement to apply the money laundering regulations and register players and agents. Interested parties will have the opportunity to submit comments on the regulatory changes in a forthcoming consultation.
The post Spelinspektionen Develops New Risk Assessment for Money Laundering in the Swedish Gambling Market appeared first on European Gaming Industry News.
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The NSW Government has amended the Casino Control Regulation to extend the term of The Star’s manager Nick Weeks, who will continue to have oversight of casino operations until at least 31 March 2026.
The government extended Mr Weeks’ term at the request of the NSW Independent Casino Commission (NICC) after the NICC declined to lift the suspension of The Star’s licence.
Mr Weeks will continue to hold the licence for The Star over the next six-month period, allowing the casino to operate gaming facilities while its licence remains suspended.
The NICC first appointed Mr Weeks to the role of manager in October 2022, when The Star’s casino licence was suspended following the first Bell Review.
NICC Chief Commissioner Philip Crawford said there was still too much uncertainty surrounding The Star to consider reinstating its casino licence at this time.
“The NICC considers it appropriate to continue with the current arrangement so it can better assess the effectiveness of important remediation work and await the outcomes of other pressing financial matters concerning The Star,” Mr Crawford said.
“The NICC understands the many challenges The Star is facing and is closely monitoring The Star’s progress as it works to prove it is capable of regaining its casino licence.”
The post NICC extends The Star manager’s term for six months appeared first on European Gaming Industry News.
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