Compliance Updates
Soft2Bet receives betting and gaming Licenses in Greek market
The platform provider has received clearance to enter the Greek-regulated market via two seven-year licenses
Soft2Bet, the award-winning software solutions provider has just announced that the Hellenic Gaming Commission’s Gaming Supervision and Control Commission (the EEEP) has granted the company betting events and casino games remote gaming licenses in Greece.
Following the revival of Greece’s online gaming market in 2021, this region continues to garner more and more interest from different operators. Soft2Bet has continued to rapidly elevate its presence in Europe, particularly after having secured operating licenses in Ireland, Denmark, and Sweden. Of course, the Greek market has been of particular interest to the platform provider and operator group as it seeks to further expand its global foothold, choosing to open in more and more regulated markets.
After a months-long process, Soft2Bet is now among the top figures to enter the highly-regulated Greek market. Being granted entrance into such a competitive market is further proof of Soft2Bet’s commanding position in the global gaming stage. This is also highly indicative of the high standards upheld by the company’s legal and compliance departments as well as Soft2Bet’s growing abilities.
“The issuance of our betting events and casino games remote gaming licenses in Greece is a terrific step forward for Soft2Bet. We view this as a springboard for further growth and are excited to pursue additional license opportunities in the near future. Soft2Bet remains focused on and committed to expanding its operation and bringing our exceptional gaming experience to even further markets across the globe. This very much highlights the company’s commitment for expenditure to even further regulated markets across Europe and around the globe. It is an additional important step in the right direction for Soft2Bet”, Commented David Yatom, Soft2Bet’s Group General Counsel.
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Compliance Updates
Danish Gambling Authority Updates Requirements for Reporting Game Data
The Danish Gambling Authority (DGA) has updated the requirements for reporting game data.
Interested parties can comment on the update before the final version is issued. Comments must be sent to the DGA no later than Monday the 10th of June 2024. Comments must be submitted by using the contact form.
The DGA expects the updated requirements for reporting game data to come into force in 2025. The final date has not been determined. A possible transition period will be described in connection with the issuing of the updated requirements for reporting game data.
Changes
Several linguistic adjustments have been made and some guidance texts have been added/adjusted. In addition to this, the following significant changes and additions should be mentioned:
- Addition of a requirement that bets on fixed odds must be reported as independent transactions
- Addition of requirements for reporting on odds for betting
- Added requirement for reporting event information incl. list with country codes and sports
- Added requirements for reporting odds on bets as well as specific requirements for reporting partially closed bets and Spreadbetting
- Clarifying the handling of reporting for the betting exchange/BetExchange
- Exception where SpillerInformationIdentifikation does not have to be reported for land-based betting has been removed after the introduction of the requirement for Player ID
- Adding requirements for reporting RNG used for Virtual Fixed Odds
- Adding a requirement that a casino session cannot be interrupted in the middle of a move, as well as a description of how “a move” is defined
- Clarification of different poker types and how they are reported
- Adding requirements to win lists in poker tournaments and manager games
- Clarification of downscaling of pool games
- Adding new requirements for providing test data for Jackpots
- Clarifying the handling of changes to reported data. Including specific clarification of the distinction between changes to the game result and correction of error reporting.
The post Danish Gambling Authority Updates Requirements for Reporting Game Data appeared first on European Gaming Industry News.
Compliance Updates
CT Gaming Obtains New Certification for Diamond King 3 in Romania
CT Gaming has announced that its exceptional multigame, Diamond King 3, has been certified under the new regulations in the Romanian market.
“With the introduction of new technical regulations in Romania, we had to adapt our practices and obtain new product certifications. This certification represents a significant milestone, further solidifying CT Gaming’s presence in the Romanian market. Thanks to the work of our outstanding team, we were able to secure the necessary measures to ensure our clients and distributors can operate without any issues,” said Robert Stancu, Sales Manager at CT Gaming, Romania.
Diamond King 3 is the company’s premier multigame, showcasing CT Gaming’s commitment to delivering an exceptional gaming experience by combining classic titles with new releases. The multigame features 50 captivating games, including the legendary Mega Jack trio—Aztec Gold, Slot-O-Pol Deluxe and Champagne 20— which is now better than ever. Additionally, 20 games are linked to the exciting 3-level Diamond Tree jackpot. This combination offers players a diverse and thrilling gaming experience, with the potential for both small and large winnings.
Robert Stancu added: “The unique blend of iconic titles, innovative themes, and jackpot features are all designed to create memorable experiences for players and contribute to our customers’ success. The inclusion of ‘Give Me 5 Clovers’ adds a fresh and exciting dimension to the multigame, and we are confident that players will embrace the diverse gaming experience that Diamond King 3 offers.”
The post CT Gaming Obtains New Certification for Diamond King 3 in Romania appeared first on European Gaming Industry News.
Compliance Updates
West Ham’s Lucas Paqueta Charged with Betting Breaches
West Ham United’s Lucas Paqueta has been charged with misconduct in relation to alleged breaches of FA Rules E5 and F3.
The player has been charged with four breaches of FA Rule E5.1 in relation to his conduct in the club’s Premier League fixtures against Leicester City on 12 November 2022; Aston Villa on 12 March 2023; Leeds United on 21 May 2023; and AFC Bournemouth on 12 August 2023.
It is alleged that he directly sought to influence the progress, conduct, or any other aspect of, or occurrence in these matches by intentionally seeking to receive a card from the referee for the improper purpose of affecting the betting market in order for one or more persons to profit from betting.
Lucas Paqueta has also been charged with two breaches of FA Rule F3 in respect of alleged failures to comply pursuant to FA Rule F2. The player has until 03 June 2024 to provide a response to these charges subject to any request for an extension to this deadline.
The post West Ham’s Lucas Paqueta Charged with Betting Breaches appeared first on European Gaming Industry News.
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