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UK Gambling Commission calls for more action from the financial sector to help tackle gambling harm
The chief executive of the Gambling Commission has today invited the finance industry to join a multi-sector partnership approach to tackling gambling harm.
Neil McArthur discussed the role of the finance sector during his keynote speech at the Money and Mental Health Policy Institute’s virtual conference for financial service professionals.
The conference is part of a two-year programme of work Money and Mental Health is undertaking which is aimed at engaging the financial sector in work to reduce gambling harm.
A virtual event this year, it explored the innovations led by the financial sector in recent years, including the introduction of gambling blocking services, which stops a consumer’s bank account or debit card from being used for gambling transactions, whilst also exploring how further progress and innovation can be made in this space to drive progress in making gambling safer.
Funding for the programme was secured though a regulatory settlement approved by the Gambling Commission following an enforcement case.
Neil McArthur, Gambling Commission chief executive, said: “We want to work in partnership with the financial sector to find innovative ways to reduce gambling-related harm.
“We all have a part to play to protect vulnerable consumers. The Gambling Commission has already banned gambling with credit cards, as evidence showed that it would reduce the risk of gambling harm to consumers. That was an important step, but there is always more that can be done.
“The financial sector has an important role to play. We have already seen the introduction by banks of gambling blocking software, together with the use of data to support customers affected by problem gambling. Today’s event was an important opportunity for colleagues to look at how we can make gambling safer and I welcomed the opportunity to share our plans and priorities with professionals from across the finance sector.”
Katie Alpin, Interim Chief Executive of the Money and Mental Health Policy Institute, said: “In recent years we’ve seen the financial services industry play an increasingly important role in supporting people affected by gambling problems – from the introduction of gambling blocks, to new advances in using customer data to identify and help those who are struggling.
“We hope that today’s conference will help galvanise firms from across the sector to build on this progress, and to go even further in improving support for customers experiencing gambling problems.
“That could make a big difference to the two million adults across Britain whose gambling habits may be having a damaging impact on their financial and mental wellbeing.”
Neil’s invitation to the finance sector follows the Gambling Commission’s Single Customer View challenge to the gambling industry and technology providers earlier this year. The project, running with support from the ICO, seeks to find a way of producing a holistic view of a customer’s gambling help reduce gambling harm, particularly where customers have multiple online accounts.
Read Neil McArthur’s full speech here.
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Cryptocurrency
Slotland Entertainment Rolls out Dazzling New Slot, 8 Crystals, Across Multiple Brands with new Cryptocurrency Integration
Slotland Entertainment is raising the stakes for online casino players with the launch of their dazzling new slot game, 8 Crystals. Available across three major platforms – Slotland, CryptoSlots, and CryptoWins – this visually striking 3×3 Mega Matrix slot with 9 paylines has an array of enticing features, including Free Spins with Wilds, Double Wilds, and a Bonus Game which is triggered by hitting just one Free Spins scatter.
The game’s mesmerizing design features vibrant glowing purple and blue backgrounds, swirling nebula-like clouds, and geometric crystal shapes, immersing players in a world of luxurious, cosmic beauty.
“As a bonus for the launch, Slotland, CryptoSlots and CryptoWins are offering up to 88% Match Bonuses on deposits until April 4th, 2025. Players can also take advantage of a $15 FREE CHIP and other promotions to make their gaming experience even more rewarding!” says Michael Hilary, Slotland Manager.
To celebrate the release of 8 Crystals, Slotland.eu is making waves with its expanded cryptocurrency options. Players can now use Ether (ETH), USD Coin (USDC), and Tether (USDT) to deposit and withdraw funds, making crypto transactions faster, more secure, and incredibly flexible.
- Ether (ETH): As the second-largest cryptocurrency after Bitcoin, Ethereum provides popularity and availability across the crypto world, though transactions can be slower and more expensive.
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8 Crystals is sure to be a must-play for any casino enthusiast, so don’t miss out on these incredible bonuses.
The post Slotland Entertainment Rolls out Dazzling New Slot, 8 Crystals, Across Multiple Brands with new Cryptocurrency Integration appeared first on European Gaming Industry News.
If you thought GoldenRace had already created the best Virtual Football in the industry, you weren’t wrong. But the game never stands still, and neither do they. GoldenRace, leading provider of award-winning Virtual Sports and betting solutions, has taken the world’s most played Virtual Football and made it even better. After the release of their next Ballon d’Or of Virtual Football for online – Big5 – now it’s the moment for Retail operators.
Among the features of the upgraded Virtual Football for Retail you will find the brand-new KinelaX market, which lets players bet on draws, and win based on how many they get right. Players will have more ways to bet, more strategies to explore and more reasons to stay.
Also, comes with a refreshed and modern 9+1 all-goal visor display to transform outcomes into a more interactive experience. Players will be able to track every match in real time, with instant goal replays in miniature. By shifting the focus from just outcomes to a more visual approach, GoldenRace makes bettors get more involved, fueling the adrenaline and the likelihood to continue playing.
Beyond these, the new Retail Virtual Football brings sharper graphics, smoother animations and a level of detail that makes every match feel real. Meanwhile, major technical improvements and customisable panels on the back office provide operators greater control, allowing for tailored configurations and efficient management.
Players will enjoy this new format across all Goldenrace’s leagues, whether they’re betting on the English Premier League, the Kenya League, the Colombia League or the one they like best. And very soon the Retail upgrade will be available for GoldenRace’s Single matches and Tournaments.
The post GoldenRace Launches New Virtual Football for Retail appeared first on European Gaming Industry News.
Holland Casino has named Jan Paul van Heemskerck van Beest as the director of its online division.
Jan Paul van Heemskerck van Beest, currently director of guest & product development, will be responsible for Holland Casino Online as of April 1. He will take over the tasks of current Director Digital Transformation Jeroen Verkroost who will leave Holland Casino Group as of the same date.
The transition of Holland Casino Online from Verkroost to Van Heemskerck van Beest is the result of a restructuring at the Holland Casino head office. The management has also changed. The current position of Director Digital Transformation has been eliminated.
In addition to Holland Casino Online, Jeroen Verkroost was also responsible for IT. This department will be placed with director Casino Technology & Operations Support Pieter Boers.
Jan Paul van Heemskerck van Beest has been director at Holland Casino since September 2022. Pieter Boers has worked in various roles at Holland Casino since 1998, including in the IT department.
The post Holland Casino Appoints New Director for its Online Division appeared first on European Gaming Industry News.
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