Compliance Updates
Complitech hits 10,000 technical compliance requirements with Greece listing
Complitech, the gaming industry’s only product and technical compliance database, has hit a major landmark with the listing of its 10,000th requirement, after adding Greece to its selection of jurisdictions.
The addition means Complitech users can now download, sort, analyse and compare more than 10,000 technical compliance requirements from 27 regulated online gaming jurisdictions within seconds.
These requirements are translated into English and kept up to date by a team of compliance experts, with new markets added as they open. As well as Greece, full technical compliance requirements from Germany and the Netherlands will soon be available to Complitech users.
The database has quickly become a must-have tool for suppliers looking to expand their global footprint within regulated markets. On average, Complitech users are able to enter new jurisdictions 60 percent faster than competitors.
Francesco Bianchi, Director of Compliance Operations at Maxima Compliance, said: “It has been a little over six months since we launched Complitech, so it is a fantastic achievement to have already hit such a landmark.
“A huge amount of work has been put in by the team to ensure that compliance managers and product owners no longer need to spend weeks researching and translating these requirements themselves.
“Complitech not only streamlines and optimises the process of entering new regulated markets, but its powerful gap analysis tools mean it can be used to identify new strategic opportunities for your business.”
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Compliance Updates
BetComply, RiskCherry and White Coral team up to offer go-to-market service
Compliance consultancy BetComply, independent test lab RiskCherry and legal advisory White Coral have agreed a strategic alliance, meaning the trio can now offer a complete, go-to-market service to igaming suppliers looking to launch their products in new jurisdictions.
The new service was born out of direct feedback from games studios who were struggling with the need to engage multiple advisories and consultancies ahead of new market launches.
By combining forces, BetComply, RiskCherry and White Coral are together able to provide an efficient and seamless experience, as well as a unified conclusion to each project: the relevant licence or certification for the supplier.
BetComply will cover pre-compliance testing, understanding technical requirements and policy drafting; RiskCherry will handle testing, inspection and certification; and White Coral will provide legal coverage across software agreements, sales contracts and more.
Daniel Brookes, CEO at BetComply, said: “For too long, launching content in new markets was a fragmented and frustrating process for games studios. By teaming up with RiskCherry and White Coral, we’re able to eliminate the guesswork, opacity and many of the hidden costs. This isn’t just streamlining a process; we’re setting a new standard for the industry.”
Mihael Mladenov, COO at RiskCherry, said: “We’re really excited to work alongside BetComply and White Coral on this game-changing service. It brings together three of the most forward-thinking companies in their respective fields, and provides a one-stop-shop for games suppliers.”
Steven Matsell, Managing Partner and Founder at White Coral, said: “White Coral has always been focused on cutting through legal complexity, and alongside BetComply and RiskCherry, we’re now able to offer our services in a way that further simplifies the process for suppliers. This is a major win for any business wanting to complete agreements faster and more cost effectively.”
The post BetComply, RiskCherry and White Coral team up to offer go-to-market service appeared first on European Gaming Industry News.
Compliance Updates
ITIA Bans Two Players for Corruption Linked to Belgian Syndicate
The International Tennis Integrity Agency (ITIA) has banned two tennis players for corruption linked to a syndicate in Belgium.
The ITIA has issued Alejandro Mendoza Crespo with the maximum penalty of a lifetime ban from tennis for 20 offences. Meanwhile, Jorge Panta Herreros has been suspended for three years for four infringements.
The sanctions were handed down by independent anti-corruption hearing officer Professor Richard McLaren. This came after a formal hearing in early March, with the suspensions effective from 4 April onwards.
Mendoza and Panta were also issued with fines of $250,000 (£199,619/€231,942) and $10,000 respectively. The pair will be banned from playing, coaching or attending any event sanctioned by ITIA members, including the ATP and WTA.
The ITIA is an independent body established by its tennis members to promote, encourage, enhance and safeguard the integrity of professional tennis worldwide.
The post ITIA Bans Two Players for Corruption Linked to Belgian Syndicate appeared first on European Gaming Industry News.
Christine A. Dorchak
Greyhound Advocates Applaud Gov. Ned Lamont for Signing Bill to Outlaw Dog Racing
The largest greyhound protection group in the world thanked Connecticut Governor Ned Lamont for signing a bill to outlaw greyhound racing, calling the new law a victory for everyone who cares about dogs.
“The end of dog racing in Connecticut has finally come because of the hard work of dedicated lawmakers on both sides of the aisle. Greyhound advocates everywhere applaud Governor Lamont’s enthusiastic stand against this cruel industry. Connecticut now joins 42 other states that have already rejected this outdated and inhumane form of gambling,” said GREY2K USA President and General Counsel Christine A. Dorchak.
Greyhound racing is now illegal in 43 states, and only continues to exist at two tracks in West Virginia. After dog racing gradually declined for decades, Florida voters outlawed the activity in 2018 by a vote of 69% to 31%, closing twelve operational racetracks. A bill to prohibit gambling on greyhound racing nationwide was introduced in the 117th Congress and earned the support of 105 cosponsors and more than 250 humane groups, anti-gambling organizations, and local animal shelters.
All mainstream animal protection groups oppose greyhound racing due to animal welfare concerns. At the last two remaining dog tracks in West Virginia, state records indicate that 666 greyhounds were injured in 2022 including 218 dogs that suffered broken bones and five greyhounds that died. Thousands of dogs also endure lives of confinement at West Virginia tracks, kept in cages barely large enough for them to stand up or turn around for long hours each day.
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