Connect with us

Compliance Updates

ANJ Removes 179 Sporting Events from Permitted Betting List

Published

on

anj-removes-179-sporting-events-from-permitted-betting-list
Reading Time: 2 minutes

 

French gambling regulator the Autorité Nationale des Jeux (ANJ) has removed 179 sports competitions from its list of events approved for betting.

Since 2010, the regulator has published a list of sporting events on which bets can legally be placed in France. The list is updated regularly and was thoroughly reviewed in December 2023, with a view to making it more coherent and easier to understand.

Having been updated regularly since 2010, the ANJ said the previous list had “lost its readability and consistency.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

It has, therefore, now been rewritten, in consultation with the Sports Directorate of France’s Ministry of Sports and the Olympic and Paralympic Games, as well as French sports federations and leagues, and betting operators.

By publishing a limited selection of events which are approved for betting, the ANJ aims to prevent the manipulation of sports, prohibit bets that do not rely on knowledge of a sport (e.g. bets on the colour of a player’s socks), and limit betting to certain competitions.

To achieve all of its objectives, the regulator also publishes a list of approved bet types – determining which in-event occurrences customers may bet on, so that they may not place bets on factors which are purely down to chance such as the result of a coin toss or whether a game will feature an odd or even number of goals.

In total, 179 sports competitions have been removed from the list in the overhaul. The list now includes 772 approved competitions for betting.

The ANJ said it had removed several competitions because they no longer exist, or because they no longer meet the legal criteria for inclusion on the list.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

One reason for removal from the list could be a competition’s lack of significance, to which the ANJ attributed the removal of first level Armenian football, or the risk of sports manipulation, for which reason the first level Tunisian football championship was removed.

The ANJ also identified a particular risk of sports manipulation in US college sports, and for that reason removed all games but the final of the popular March Madness basketball competition.

On the other hand, several competitions were added back onto the list, including friendly matches played by the French men’s football and rugby teams.

A ban on handicap betting in tennis was also removed, as was a ban on bets on the number of points scored by a player in a basketball game, regardless of whether they score more or less than 20 points.

The new list will come into force on 1 March this year and will be evaluated at the end of the year “in consultation with all stakeholders.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Compliance Updates

Vixio Launches Vixio Workspace: A Transformative Regulatory Management Tool

Published

on

vixio-launches-vixio-workspace:-a-transformative-regulatory-management-tool
Reading Time: 2 minutes

 

New Tool Turns Vixio’s Regulatory Intelligence Into Auditable, Actionable Steps

Vixio, a leading provider of regulatory intelligence solutions, is excited to announce the launch of Vixio Workspace, a new regulatory management tool designed by compliance professionals, for compliance professionals. Vixio Workspace introduces a new intuitive workflow capability into Vixio’s regulatory intelligence platform, helping to transform Vixio’s world-class regulatory intelligence into actionable steps.

Compliance teams currently face multiple challenges when managing actions from regulatory change. Hours are spent juggling multiple disparate systems, from spreadsheets to emails and project management tools. This can cause errors and team misalignment between already siloed departments, meaning teams may miss actions or critical regulatory updates.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The average compliance professional spends 70% of their time, and in some sectors up to 95% of their time, on reactionary administrative tasks rather than strategic guidance. Furthermore, with 85% of compliance leaders reporting that compliance requirements have become more complex in the past three years, and 77% reporting that compliance complexity has negatively affected company growth drivers, now, more than ever, compliance teams need a solution to bring calm to the chaos of compliance complexity.

Vixio Workspace aims to address the challenges faced by compliance teams by fusing regulatory intelligence and workflow capability together, which means teams will never miss action items from critical regulatory updates.

“After two decades of providing comprehensive regulatory intelligence, we’re excited to add to Vixio’s core offering by turning that intelligence into action,” Mike Woolfrey, CEO of Vixio, said, “We’ve spent hours listening to our customers’ compliance challenges and designed Vixio Workspace so that users can see global regulatory updates, track their progress to implementation, and document everything for easier attestation, rather than using siloed systems that can slow that process down. With Vixio Workspace, complexity in compliance doesn’t have to mean complicated.” 

Vixio Workspace’s streamlined platform combines regulatory intelligence with task management, eliminating the need for cumbersome copy/paste processes and tracking with spreadsheets. Furthermore, unlike other compliance SaaS software, Vixio Workspace doesn’t require any IT integration, allowing instantaneous adoption.

This new feature is available now and enhances Vixio’s existing RegTech platform, which provides essential regulatory intelligence to navigate the complex regulatory landscape.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Key features of Vixio Workspace include:

  • World-class regulatory intelligence: Regulatory intelligence with unparalleled precision – precision is achieved through AI capability and a global team of expert regulatory analysts
  • Checklists: Use checklists, integrated with precision-driven regulatory intelligence, as a single source of truth to action and track compliance initiatives
  • Real-time dashboard: A single panoramic view of everything in one place, and real-time status of tasks and projects
  • Task management: Create and allocate tasks in seconds with the ability to manage compliance team priorities
  • Real-time data: This can be used for risk/compliance committees and meetings
  • Attestation: A single repository to capture attestation across the business for multiple compliance use cases
  • Chat function: Speeds up communication within compliance teams and the wider business
  • User management: Role-based user management and permissions for security and audibility
  • Audit trail: A digital audit trail which tracks discussions between collaborators and minimises the need for confusing email trails
  • Easy file uploads: Use for evidence submission and Vixio Workspace as a single repository for supporting documents

Vixio will host an official launch event for Vixio Workspace at The Haymarket Hotel in London on April 29th at 3 PM, where attendees will be among the first to see the tool in action.

Today’s launch underscores Vixio’s commitment to collaborating with clients to implement innovative solutions that address pressing compliance challenges.

The post Vixio Launches Vixio Workspace: A Transformative Regulatory Management Tool appeared first on European Gaming Industry News.

Continue Reading

Africa

Association of Gaming Operators in Kenya Announces New Regulations

Published

on

association-of-gaming-operators-in-kenya-announces-new-regulations
Reading Time: < 1 minute

 

The Association of Gaming Operators in Kenya (AGOK) in partnership with government agencies, regulators and civil society are spearheading a set of proactive initiatives designed to shape the future of the gaming industry and protect innocent Kenyans from addiction to gaming.

In a press release, the Association says nationwide awareness campaigns promoting informed, mindful participation in gaming will be carried out across the country.

Advocacy for tools such as time-out mechanisms, betting and deposit limits will be put in place to ensure a healthy and controlled gaming behaviour among Kenyans.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

“The gaming industry in Kenya continues to evolve rapidly, creating opportunities for economic growth, digital innovation, and employment. However, with this growth comes a heightened responsibility to safeguard the welfare of players, particularly young people and vulnerable populations,” the statement by AGOK’s board reads in part.

“AGOK acknowledges the complex challenges associated with gaming, particularly around mental health, addiction prevention, and ethical standards. These are global concerns which members of AGOK take seriously. They are at the forefront of our agenda.”

The Association furthers contends that all its members operate under a “shared code of conduct” rooted in principles of fairness, transparency and social responsibility.

Among meaningful steps it says it has taken to prevent exploitation and minimise harm include putting into place advanced age-verification systems to block underage access, self exclusion tools that provide options for and permanent restrictions to gaming activities and round-the clock toll free helplines that offer confidential mental health and addiction support.

The regulatory measures comes amid calls to regulate the sector following increase in cases of mental health and some suicide cases attributed to betting.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The post Association of Gaming Operators in Kenya Announces New Regulations appeared first on European Gaming Industry News.

Continue Reading

Compliance Updates

Sumsub Maintains Compliance with iBeta Standards

Published

on

sumsub-maintains-compliance-with-ibeta-standards
Reading Time: < 1 minute

 

Sumsub announced that its Liveness solution has successfully passed iBeta Quality Assurance testing in line with the ISO/IEC 30107-3 standard. The evaluation, conducted on both Android and iOS platforms, confirms the solution’s compliance with Level 2 of the Biometric Presentation Attack Detection (PAD) Standard—the solution showed zero mistakes during testing, validating Sumsub’s technology as capable of resisting sophisticated spoofing attempts.

Sumsub’s Liveness solution is designed to detect deepfakes and prevent biometric fraud using advanced in-house AI models. With deepfakes growing 4x year-over-year and now accounting for 7% of all fraud cases, according to the company’s 2024 Identity Fraud Report, robust anti-spoofing technology is critical for safeguarding businesses and users alike. By integrating AI-driven detection tools, Sumsub helps organizations stay ahead of emerging threats and maintain trust throughout the user verification process.

“iBeta Level 2 testing reflects our commitment to trust, quality, and staying ahead of fraud trends. The industry is facing a rise in attack sophistication and scale, and it’s essential that our solutions continue meeting the highest standards. Routine third-party testing like this ensures we’re prepared for these evolving threats,” Vyacheslav Zholudev, CTO and co-founder of Sumsub, said.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The post Sumsub Maintains Compliance with iBeta Standards appeared first on European Gaming Industry News.

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: sales@europeangaming.eu

Editorial / PR Submissions: editor@europeangaming.eu

Copyright © 2015 - 2024 - 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