Compliance Updates
Spelinspektionen’s Review of Three Licensed Gambling Companies: All Comply with Technical Requirements
During the summer of 2024, the Gaming Authority carried out supervision of three license holders and their technical certificates of certification. Gaming companies must have their gaming systems, business systems, etc. checked by accredited companies that issue technical certificates according to the Gaming Act. All supervisory matters have been concluded without intervention against the license holders, because the review has revealed nothing more than that the companies meet the current requirements. The supervisory activity included all requirements in the technical regulation with an in-depth check regarding the participants’ restrictions on deposits and login time according to ch. 9 § 13 SIFS 2022:3.
According to ch. 2 Section 3 of SIFS 2022:3 control, testing and certification protocols must be renewed at least every twelve months. Licensees must comply with the technical requirements according to ch. 16. §§ 1 and 3 of the Gambling Act and have updated certificates from an accredited body in accordance with the Gambling Inspectorate’s regulations (SIFS 2022:3).
The Swedish Gaming Authority also intends in the future in its supervision to request control, testing and certification protocols regarding technology. The licensees do not have to send in the protocols themselves, but do so at the request of the Gambling Inspectorate, if they are not sent in at the request, this may affect the company’s license.
The companies included in the review in 2024 were: Burstit Ltd, LeoEx Ltd and Paf International plc.
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Compliance Updates
Gaming Laboratories International (GLI®) delivers gold standard certification to core EveryMatrix platform products
Gaming Laboratories International (GLI®) has certified EveryMatrix’s core platform products with a twin set of gold standards enabling it to rapidly deliver its trusted technology across further regulated markets.
CasinoEngine and GamMatrix, EveryMatrix’s productivity and player account management platforms, are now fully certified to the GLI-19 standard, while its sportsbook platform OddsMatrix is certified to the GLI-33 standard.
GLI-19 relates to interactive gaming systems, while GLI-33 pertains to event wagering systems. The certification tests were executed by the GLI team.
Both are widely accepted to be among the gold standard certifications within the betting and iGaming industry and mark an important milestone in EveryMatrix’s 16-year history as it continues to grow and rank among the fastest growing technology providers.
All three platform products have been recognised as adhering to compliance requirements and best practices dictated by the two GLI standards. This now allows EveryMatrix to demonstrate compliance in all jurisdictions that base their regulations on the GLI-19 and GLI-33 standards.
The GLI certifications across CasinoEngine, GamMatrix and OddsMatrix also allows EveryMatrix to accelerate its technology deployment in each existing or new jurisdiction with the testing lab only needing to perform a reduced set of tests in each case.
Jake Cachia, Head of Compliance, EveryMatrix, said: “Customers across the world today look to work with providers that have software certified according to these two standards which represent the highest mark of quality and compliance in our industry.
“We are already seen as one of the most trusted partners in the market, however both GLI-19 and GLI-33 will help us build on this even more within regulated jurisdictions and we’re grateful to GLI for conducting such a thorough and efficient process.”
Chris Davies, Vice President of Sales, GLI Europe, said: “It has been a privilege for GLI to support the EveryMatrix Team in going live in North America and LatAm markets based on GLI standards. It has, and it continues to be, a true collaboration, engaging with such an innovative team. We are excited to see the significant progress they make and wish them and everyone a successful G2E.”
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Compliance Updates
Gentoo Media Announces the Rebrand of GiG Comply to Sitebee
Gentoo Media has announced the rebrand of its renowned GiG Comply platform into Sitebee – the advanced SaaS solution designed to elevate compliance automation and brand protection.
This rebrand follows Gentoo Media’s own recent rebrand and represents a significant step in the company’s mission to redefine how operators protect their brands and ensure regulatory compliance from the affiliate partners they work with in the fast-evolving iGaming industry.
“Sitebee is more than just a rebrand. It’s a renewed commitment to our partners and the industry. Compliance doesn’t stand still, and neither do we,” said Rasmus Bank Nielsen, Head of Sitebee.
Built for today’s challenges – and tomorrow’s opportunities
Sitebee builds upon the legacy of GiG Comply, but has been designed with the future of compliance in mind. The platform empowers iGaming operators to automate compliance monitoring, save time, reduce risks and gain deeper insights into their marketing and affiliate partnerships.
“Compliance is a moving target, and Sitebee is how businesses can stay ahead, not just keep up. Our solution helps brands navigate complex regulatory landscapes by monitoring thousands of web pages in real time to ensure adherence to laws across multiple jurisdictions,” said Rasmus Bank Nielsen, Head of Sitebee.
“With Sitebee, our clients gain insights that not only identify risks but also uncover new growth opportunities. Data is key, and we provide our clients with a clear picture of their affiliate landscape so they can act quickly and strategically,” added Rasmus Bank Nielsen.
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Compliance Updates
Betting and Gaming Council Launches First International Best Practice Guide
Standards body The Betting and Gaming Council has launched its first International Best Practice Guide, a vital new resource for online gaming operators and policymakers around the world.
The guide, commissioned by the BGC and compiled by leading professional services firm Alvarez and Marsal (A&M), sets out core objectives for policymakers, and the different approaches jurisdictions take to achieve them.
Drawing on lessons from around the world, it then highlights the benefits and disadvantages of those varying regulatory choices.
Over the last two decades the online sector has grown significantly, with just a handful of jurisdictions operating online gaming in 1994, to over 100 now.
While different policymakers take different approaches, this guide sets out the key policy objectives common to all regulators:
• High Channelisation: Ensuring that as much gaming as possible takes place in the regulated market.
• Consumer Protection: Including by protecting young people and the vulnerable through robust safer gambling measures.
• Preserving Consumer Choice: By maintaining competition.
• Keeping Gambling Crime Free: Including by ensuring sporting integrity.
• Raising Tax Revenue: Ensuring operators invest in the markets they operate in.
For the first time, this guide offers a single body of evidence to critically compare the wide variation in regulatory approaches to help inform decision making for policymakers.
The failure to balance the correct regulations can give rise to the growing, unsafe gambling black market, undermining policymaker’s objectives.
A recent separate study commissioned by the BGC revealed 1.5m people in the UK stake up to £4.3bn on the illegal gambling black market each year.
The BGC hope the document will provide a vital resource for policymakers in developing markets, as well as those revisiting existing regulations.
BGC CEO Grainne Hurst said: “For the first time, the BGC has brought together the lessons, both positive and negative, which have been learned by operators and regulators around the world when it comes to the online gaming sector.
“This sector will no doubt continue to grow internationally, offering huge potential benefits to existing markets and those which are currently developing.
“Through effective regulation of this new growth sector, governments can achieve their core priorities of raising tax, boosting growth and jobs, while delivering high standards for player protection.
“In the UK, we have seen that firsthand, where balanced regulations have created a sector which raises billions in tax and investment in the economy, while supporting tens of thousands of jobs.
“But the risk posed by the wrong regulatory balance can undermine that good work, and give a foothold to the growing unsafe, illegal gambling black market, which is an ever-present threat in the UK.
“We are proud that BGC members are now a genuine global success story and a Great British export – that is the prize when the right regulatory foundations deliver sustainable success.
“If you are a policymaker navigating this new growth sector, or an operator seeking to broaden your international footprint, then this guide is for you.”
Pierre Tournier, BGC International Director, added: “The online gaming market is a complex landscape involving a huge range of potential regulatory choices and outcomes.
“But for too long there has been a crucial evidence gap when those choices are considered by policymakers. Our ambition for this new guide is that it finally offers a solution to that problem.
“Drawing on the lessons from around the world, operators and policymakers, can take a global view of the pitfalls and benefits of different approaches, and make better policy decisions as a result.”
Adam Rivers, A&M’s head of Betting and Gaming in EMEA, said: “A&M are proud to have worked with the BGC on this important project which provides a new reference point and assessment of gambling regulation globally.
“Effective regulation plays an important role in ensuring the safe and effective functioning of gambling markets, supporting positive outcomes for regulators, operators and consumers.”
A&M’s Betting and Gaming practice consists of professionals acting across strategy, analytics, operational compliance, transformation, technology, M&A and tax.
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