Connect with us

Compliance Updates

HALLO Compliance Network to Discuss Sports Integrity in the US

Published

on

hallo-compliance-network-to-discuss-sports-integrity-in-the-us

 

HALLO Compliance Network, the platform bridging the gap between technology and the law, and Home of monthly online meetups fostering growth, education, and collaboration, returns with its 2nd HALLO Compliance Meetup featuring a powerhouse panel on “Safeguarding Integrity in Sports“!

The next HALLO Compliance Network Virtual Meetup will take place on December 19 via Zoom at 12:00 PM EST, featuring a compelling panel discussion that delves deep into the pressing issues surrounding sports integrity, match-fixing, and betting addiction.

The sports betting industry, including operators, providers, regulators and customers, recognizes that the essence of exhilarating sports betting lies in fair sports competitions. Consequently, numerous gambling laws prioritize the pivotal element of sports integrity. Locally, various educational initiatives have been implemented, and on a global scale, the Macolin Convention—a unique initiative dedicated to promoting fairness in sports—has garnered ratification from nine countries and signatures from an additional 32. Moreover, major sports federations such as the IOC and FIFA have initiated their own programs and initiatives in support of this cause.

The HALLO panel will have a closer look at how the prevention of the manipulation of sports competitions looks like in the US at this point in time, five years after first states regulated sports betting.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

 

Meet the Panelists

This powerhouse panel features renowned experts in the field of sports integrity and regulatory compliance:

–        Jim Brown, Head of Integrity Services, North America & Athlete Wellbeing globally at Sportradar

–        Martin Lycka, SVP American Regulatory Affairs & Responsible Gambling at Entain

–        Jai Maw, Co-Founder and President of Betting Hero

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

–        Bill Pascrell III, partner at Princeton Public Affairs group and long-time advocate for reasonable regulations in igaming and sports betting in the US.

HALLO Compliance Network brings together a distinguished panel of experts to shed light on critical topics, exploring the multifaceted challenges and innovative solutions in the industry.

 

Discussion Topics

  • Confronting Match Fixing: Is match fixing a significant concern in the US? We’ll explore its prevalence, the effectiveness of the educational and sports systems in combating it, and the role of legislation.
  • A Global Perspective:Understanding why match fixing is a hot topic in regions like Asia, Europe, and South America, and discussing the cultural and systemic differences.
  • Technological Implications: Examining how new technologies like deepfakes impact sports integrity, alongside the growing intersection between esports and sports integrity.
  • International Initiatives: Delving into the Macolin Convention, educational campaigns, and transparency projects aimed at tackling these issues globally.
  • Betting Addiction Among Athletes: Addressing recent cases and the ongoing challenge of betting addiction in the sports community.

This panel promises an in-depth exploration of the challenges facing sports integrity today, offering perspectives from legal, regulatory, technological, and ethical viewpoints. Join us for a session that’s as informative as it is engaging, perfect for professionals, enthusiasts, and anyone keen on understanding the evolving landscape of sports integrity.

Register Now For the 2nd HALLO Compliance Virtual Meetup!

Register and Tune in on December 19 via Zoom at 12:00 PM EST | 09:00 PST

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

 

Introducing HALLO Compliance Network and its Mission

The Acronym “HALLO” stands for “Highly Aligned Leaders in Legal Operations”. As the name suggests, HALLO Compliance Network is a platform putting Legal Operations at the forefront, especially in the contemporary Technology sector.

HALLO is a platform for bridging the gap between technology and the law, combining a  trusted directory of legal experts specializing in Gambling, Blockchain, Fintech, and AI, and monthly virtual meetups focusing on learning and networking. HALLO is your Global Compliance Guide in Today’s cutting-edge fields, connecting Highly Aligned Leaders in Legal Operations.

Welcome to HALLO Compliance!

Register Now Free to harness the knowledge of the HALLO Virtual Meetups!

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Browse the Listing Packages for Individuals or Firms – Get Started for Free!

 

Anastasia Rimskaya

Aviatrix receives certifications in Brazil

Published

on

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.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

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.

Continue Reading

Africa

Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited

Published

on

readen-holding-corp-finalises-acquisition-of-morrich-lottery-limited
Reading Time: < 1 minute

 

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.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The post Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited appeared first on European Gaming Industry News.

Continue Reading

Compliance Updates

Swedish Regulator Imposes Fine of SEK12M on Videoslots

Published

on

swedish-regulator-imposes-fine-of-sek12m-on-videoslots
Reading Time: 2 minutes

 

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.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

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.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

“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.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
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: [email protected]

Editorial / PR Submissions: [email protected]

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