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Compliance Updates

Altenar secures prestigious ISO 27001 certification

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Leading sportsbook and iGaming provider awarded highest certification for data protection and system security

 Altenar, the leading sportsbook and iGaming software provider has further flexed its credentials ahead of its planned expansion, following the acquisition of its ISO IEC 27001 certification for the operations behind its award-winning sportsbook and platform.

In order to gain its certification, Altenar’s internal processes were extensively tested against the strict assessment criteria, ensuring it met the 114 controls and 7 clauses required over a nine-month period.

Integral to going live across multiple global markets, the audits undertaken guarantee the company’s senior management, as well as all its operations and controls, are fully compliant with the data protection practices and procedures set in place by the International Organisation for Standardisation and the International Electrotechnical Commission.

An additional series of internal audits were also taken prior to the certification process, which as a result, highlight that, Altenar is able to demonstrate to partners that its global operations are held to the highest possible standards in terms of data protection and system security.

Commenting on the certification, Konrad Pizzuto Director of Technology Operations at Altenar, said: “We are delighted to have received our official ISO27001 certification, it truly is proof of all the hard work that goes on behind the scenes here at Altenar. The timing is ideal as it sets us up perfectly during a period where we are excited about continued growth and expansion.”

“We see this as the perfect endorsement of our tier one credentials, as it showcases our commitment to external audits of both our systems and processes, we are able to highlight our credentials as a forward-thinking supplier that is able to offer one of the best sportsbook platforms in the world.”

The latest announcement further establishes Altenar’s position as the supplier of choice for tier-one operators across global regulated markets, upholding the company’s ethos ‘stability meets flexibility’

Licensed across a total of 13 major global markets including the UKGC and MGA, Altenar has established itself as the sportsbook provider of choice for multiple leading operators.

 

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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.

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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.

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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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