Compliance Updates
1X2 Network receives ISO 27001 certification
Developer is meeting the highest possible standards when it comes to information and data security management
1X2 Network, the developer and aggregator of award-winning online casino content for operators in regulated markets, has received its ISO 27001 certification proving its commitment to meeting the highest possible technical standards.
ISO 27001 is a widely known certification with those that receive it having demonstrated they can meet specific requirements relating to information security management systems and that allow the organisation to effectively manage the security of assets.
Receipt of the certification recognises 1X2 Network’s approach to security and compliance across its two development studios – 1X2gaming and Iron Dog Studio – and across the entire business. It also reassures its clients that it is taking the best approach to information security and data.
ISO 27001 assesses and identifies specifications and requirements for comprehensive information security management systems. Online gambling regulators hold the certification in high regard, with many jurisdictions waiving certain requirements if the company is certified.
1X2 Network believes the certification will help it strengthen relationships with its current roster of prestigious operator partners while also opening the door to new and exciting opportunities in regulated markets around the world. This includes the fast-growing US market.
The company has significantly expanded its geographical reach this year having obtained certifications in markets such as the Netherlands and Denmark. The developer is also live is jurisdictions including the UK, Isle of Man, Malta, Gibraltar, Sweden, Spain, Italy, Greece and Germany.
Neeraj Yadav at 1X2 Network, said: “We have taken a very considered approach to data and information security and receiving ISO 27001 status is testament to our efforts to constantly meet the highest possible technical standards.
“We believe this certification will allow us to strengthen the relationship we have with our existing partners while further establishing 1X2 Network as a tier one content developer and aggregator in regulated markets around the world.
“It will also open up opportunities in new regions that we are targeting and in particular the US where we are working towards securing licences in key online casino states. This really is a milestone moment for our 1X2gaming and Iron Dog Studio subsidiaries and the entire 1X2 Network business.”
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AB Svenska Spel
Spelinspektionen Launches Supervision of AB Svenska Spel’s Gaming Venues
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The Swedish Gambling Authority has launched supervision of AB Svenska Spel’s gaming venues. The supervision covers turnover and the placement of slot machines.
This is the latest step in Spelinspektionen’s push to keep Sweden’s gambling sector in check and make sure companies meet the standards laid out in the Swedish Gambling Act.
When the review is complete, Spelinspektionen will publish the results.
The post Spelinspektionen Launches Supervision of AB Svenska Spel’s Gaming Venues appeared first on European Gaming Industry News.
Compliance Updates
Turkish Football Federation Suspends 149 Referees and Assistants After Betting Probe
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The Turkish Football Federation (TFF) has suspended 149 referees and assistant referees after an investigation found hundreds of professional match officials in the country had betting accounts.
Bans ranging from eight to 12 months, based on the severity of the act, have been imposed for involvement in betting activity, with investigations into three other officials still ongoing.
The full list of the penalised officials was published on the TFF website.
Last week, it was revealed a five-year probe had found 371 of 571 match officials have betting accounts, with 152 of those actively gambling.
While some had only bet once, 42 had bet on more than 1000 football matches – with one official found to have placed 18,227 bets.
Like players and coaches, match officials are forbidden from participating in betting activities by TFF disciplinary regulations, as well as those of world governing body Fifa and European governing body Uefa.
“There is a moral crisis in Turkish football. There is no such thing as structure. The fundamental problem at the core of Turkish football is an ethical one,” TFF president Ibrahim Haciosmanoglu said.
“Ask any referee, if there is even one who has not received his pay, I will resign as federation president. In fact, we improved their salaries last year, and again this year.”
No further details of the cases or ongoing investigations were provided.
After the investigation’s findings were announced, a number of Turkey’s top clubs responded.
Besiktas said it “could mark a new beginning for clean football” while Trabzonspor called the development “an historic opportunity to rebuild justice in Turkish football”.
Fenerbahce president Sadettin Saran said: “This is both shocking and deeply saddening for Turkish football.
“But the fact that it is coming to light is a hopeful development.”
The post Turkish Football Federation Suspends 149 Referees and Assistants After Betting Probe appeared first on European Gaming Industry News.
Compliance Updates
UKGC Suspends Operating Licence of VGC Leeds Limited
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The UK Gambling Commission has suspended the operating licence of VGC Leeds Limited as it carries out a review under section 116 of the Gambling Act 2005.
The review and consequent suspension follow concerns that activities may have been carried out contrary to the Act, not in accordance with conditions of their licence and that the Licensee may be unsuitable to carry on the licensed activities.
During a recent Compliance Assessment, VGC Leeds Limited are reasonably believed to have failed to maintain and implement effective anti-money laundering policies, procedures and controls, as required under the conditions of their licence.
In addition, serious concerns were identified regarding the adequacy of decision-making processes and the Licensee’s response to identified anti-money laundering and counter-terrorist financing risks, raising questions about the overall effectiveness of its governance and risk management arrangements.
These failings are considered significant and represent a serious threat to the licensing objectives, in particular keeping crime out of gambling.
“We have made it clear to the operator that during the suspension, we expect it to focus on treating consumers fairly and keeping them fully informed of any developments which impact them,” UKGC said.
The suspension takes place immediately.
The post UKGC Suspends Operating Licence of VGC Leeds Limited appeared first on European Gaming Industry News.
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