Connect with us

Compliance Updates

Maxima Compliance launches multi jurisdiction compliance safe solution

Published

on

Reading Time: < 1 minute

 

Full-service compliance provider Maxima Compliance has launched Maxima DataVault, a proprietary multi-jurisdictional “SAFE” solution through which operators will be able to comply with the requirements of several European regulated markets.

Maxima DataVault platform allows operators and suppliers to send raw XML or JSON data that Maxima adapts into the required regulators’ format in order to record and store gambling transactions.

Via an easy-to-use customer console, users can retrieve the latest API documentation, transparent spend and invoices, the amount of data transferred, and a variety of usage reports.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The service launches for regulated jurisdictions including the Netherlands, Germany, Denmark, Romania, Greece, Portugal and Spain.

Maxima DataVault comes with free support for system certification, and the option for additional support with set-up – particularly useful when entering new jurisdictions.

Antonio Zanghi, CEO of Maxima Compliance, said: “Maxima DataVault is a state-of-the-art technology platform designed to fit all types of clients, from the small operator to the largest. Its multi-jurisdictional approach enables operators to conduct a single integration for multiple jurisdictions as well as providing a very clear and simple pricing model, saving time and money.

“With a 99.8 percent uptime guaranteed, analytics to ensure consistency of the data and dedicated technical account management team, Maxima DataVault brings peace of mind to an area we know causes concern for many operators.”

Maxima DataVault is the latest product from Maxima Compliance. In March, the provider announced the launch of Maxima Quality Assurance, a new QA service to help suppliers eliminate the risk of software or compliance issues and delays as games are certified.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

And last year saw the creation of Complitech, the world’s first technical compliance database for the global gaming industry.

Powered by WPeMatico

Continue Reading
Advertisement

Compliance Updates

German Betting Association Warns of Rise of Black Market Gambling

Published

on

german-betting-association-warns-of-rise-of-black-market-gambling
Reading Time: 2 minutes

 

Only one in twelve German betting websites is legal, warns the German Sports Betting Association (DSWV) at the start of the UEFA Champions League season: there are at least 382 illegal German-language websites offering sports betting compared to just 34 legal betting sites. The DSWV refers to a corresponding evaluation by the Joint Gambling Authority of the federal states (GGL) for the year 2024.

“Online, it’s 11:1 in favor of the black market and that puts players at risk. In the legal sports betting market, players benefit from guaranteed player protection, reliable payouts and tax revenue for the common good. Illegal providers in the black market, on the other hand, do not adhere to any rules, offer no security and have a higher risk of gambling addiction,” Mathias Dahms, President of the German Sports Betting Association (DSWV), said.

With the start of the UEFA Champions League, the second most-bet competition in Germany after the Bundesliga, the volume of betting has skyrocketed.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

“Players need to be particularly vigilant at this time of year so that they don’t accidentally end up with illegal providers. This is another reason why it is important that the legal providers are present with perimeter boards and TV advertising during the Champions League matches,” Dahms said.

What many players do not know is that they are not only taking a higher risk, but are also liable to prosecution. Participating in unauthorized sports betting can result in a prison sentence of up to six months or a fine.

How to recognise legal betting providers:

• Only legal providers may advertise on stadium boards and on television during sporting events such as the Champions League or Bundesliga.

• Only providers on the GGL whitelist are legal in Germany. The list is publicly available at www.gluecksspiel-behoerde.de/whitelist.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

• Legal providers have a clearly visible GGL permit logo on their website.

• Only legal providers offer comprehensive player protection measures such as deposit limits, player bans and monitoring of conspicuous gaming behavior.

• Only legal providers contribute to the funding of support services for gamblers at risk of gambling addiction, such as the anonymous and free hotline 0800-1372700 or the website check-dein-spiel.de of the Federal Institute of Public Health (BIÖG).

• With legal providers, payouts are guaranteed and the stakes are properly taxed.

“It is in the common interest of regulators, providers and players to strengthen the legal market and push back the black market. This is the only way to ensure player protection, integrity and tax revenues,” Dahms said.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The post German Betting Association Warns of Rise of Black Market Gambling appeared first on European Gaming Industry News.

Continue Reading

BetAlert

Brazilian Institute of Responsible Gaming Launches BetAlert

Published

on

brazilian-institute-of-responsible-gaming-launches-betalert

 

The Brazilian Institute of Responsible Gaming (IBJR), an entity that brings together the main operators in Brazil and worldwide, announces the launch of BetAlert, an unprecedented tool that allows any user to quickly and easily verify whether the betting site they intend to use is regulated by the Federal Government. The initiative is part of the “No More Elephant in the Room” campaign, which includes a TV commercial, radio spots, airport panels, and social media actions. Its goal is to guide bettors in choosing platforms regulated by the Secretariat of Prizes and Betting, under the Ministry of Finance.

Conducted between April and May 2025 with 2000 adult bettors, research by the Locomotiva Institute served as the basis for the economic study prepared by LCA. The survey estimates that between 41% and 51% of the Brazilian betting market still operates illegally. The activity of these irregular platforms reflects an alarming fiscal impact: between R$ 1.8 billion and R$ 2.7 billion went uncollected in just three months – which could reach R$ 10.8 billion in one year.

Named BetAlert (https://betalert.com.br/), the technology runs on an exclusive microsite that offers an interactive experience for those looking to bet safely and obtain tips on how to differentiate regulated betting sites from illegal ones. Simply enter the URL of any betting site, and the tool immediately indicates whether the platform is licensed. If it is regulated, the following message appears: “All good. This betting site is authorized by the Federal Government.” If not, the system displays a creative alert integrated into the campaign by agency We: “Attention. This betting site is not authorized by the Federal Government,” reinforcing the illegality of the platform consulted.

“IBJR greatly values the use of tools and technologies that contribute to spreading knowledge about the sector. BetAlert is extremely important, and we hope it will be widely used by bettors and Brazilian society. Our goal is to ensure that people have access to all the benefits of regulation, the core of which is the safety of those who bet,” said Fernando Vieira, Executive President of IBJR.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The post Brazilian Institute of Responsible Gaming Launches BetAlert appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Compliance Updates

Ukraine’s PlayCity Begins Issuing Licenses to Gambling Operators

Published

on

ukraine’s-playcity-begins-issuing-licenses-to-gambling-operators
Reading Time: < 1 minute

The Cabinet of Ministers of Ukraine has adopted a resolution on licensing conditions in the gambling sector, which allows the state agency PlayCity to begin issuing licenses to gambling organisers and confirming previously issued ones.

“As a result, this will generate almost UAH 50 million (1.028.956,00 Euro) in additional revenues to the state budget from license fees in the near future,” PlayCity reported on Telegram.

It is noted that to obtain a license, impeccable business reputation, lack of ties with the aggressor state and implementation of all necessary mechanisms for responsible gaming are required.

PlayCity clarified that such requirements apply to both those who are only applying for a license and current licensees. Current licensees have two months to submit documents to PlayCity on compliance with the requirements.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The message emphasises that if the requirements are not met, sanctions in the form of fines or termination of the license may be applied to the organisers of gambling.

“The state will direct additional budget revenues to strengthen defense capabilities, in particular, to purchase drones for the Defense Forces,” PlayCity added.

The post Ukraine’s PlayCity Begins Issuing Licenses to Gambling Operators 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: [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