Compliance Updates
MGA issues new guidance note related to Licence Surrenders
The MGA has issued a new guidance note related to Licence Surrenders. This guidance note aims to provide Licensees with a clear outline of the expected requirements and procedures in this regard, mainly relating to:
- The exact date and time when the authorised person has stopped or shall stop accepting new business;
- The proposed plan that will be actioned by the Licensee further to the surrender of the Licence which shall include but not be limited to, a timeline outlining in detail the manner in which outstanding player balances, including funds-in-play and ongoing jackpots, shall be duly settled by the Licensee;
- The reason for which the Licensee has elected to surrender the Licence.
As part of the licence surrender application process, the Licensee must settle any dues to the Authority in terms of the Gaming Licence Fees Regulations and the Gaming Tax Regulations. Furthermore, the Licensee will also have to undergo a data extraction exercise once the licence surrender review is underway.
The Licensee is required to submit the completed ‘Licence – Licence Surrender’ application via the LRMS, with at least twenty (20) days’ notice.
The guidance note may be accessed here.
Compliance Updates
Vlad-Cristian Soare Appointed as the New President of Romania’s Gambling Authority (ONJN)
Mr. Vlad-Cristian Soare has been appointed as the new President of the National Office for Gambling (ONJN), replacing Mr. Gheorghe Gabriel Gheorghe, who stepped down from the position at his own request.
A lawyer by profession, Mr. Vlad-Cristian Soare has significant experience in the gambling sector, having served as the General Director of the Romanian National Lottery from 2021 to 2022. He has also held the position of President of FEDBET – the Federation of Gambling Organizers – since November 2022. In addition, Mr. Soare is a university lecturer at the University of Bucharest.
Given his extensive background in the gambling industry, it is expected that Mr. Soare will make impactful and beneficial decisions in his new role as President of ONJN.
The post Vlad-Cristian Soare Appointed as the New President of Romania’s Gambling Authority (ONJN) appeared first on European Gaming Industry News.
The Michigan Gaming Control Board (MGCB) has issued cease-and-desist orders to 11 illegal online gambling operators found to be targeting Michigan residents without proper state authorization. These unlicensed casinos—some based offshore, others operating from undisclosed or domestic locations—pose serious risks to consumers by skirting Michigan’s regulated gaming laws.
The casinos named in the enforcement action include the following:
Club Player Casino
7 Bets Casino
NinBet Casino
Cherry Jackpot Casino
PitBet
SlotsNBets
Bookmaker.eu
Wild Vegas Casino
VIP Slots Casino
Prism Casino
ABC Islands Casino
“These sites are operating illegally and without proper oversight, putting Michigan players at risk. We’re committed to shutting down unlicensed gambling operations and protecting the public from deceptive practices, unfair play, and financial harm,” said Henry Williams, Executive Director of the Michigan Gaming Control Board.
The named operators have been found to accept wagers from Michigan residents via a range of payment methods—including credit cards, digital wallets, and cryptocurrencies. Players may be subjected to questionable practices, such as the withholding of winnings, unrealistic wagering requirements, and denial of withdrawals.
In addition to financial concerns, these illegal operators are not required to follow the same rigorous data protection standards that are mandated in Michigan’s regulated market. As a result, players’ personal and financial information may be highly vulnerable when shared with these unlicensed platforms, increasing the risk of data breaches, identity theft, and other cybercrimes.
The MGCB has formally notified all 11 operators to immediately stop offering gambling services to Michigan residents. They have been given 14 days to comply. Continued violations may result in further enforcement, including collaboration with the Michigan Attorney General’s Office to pursue legal action.
“This should serve as a strong warning to illegal operators: Michigan does not tolerate unauthorized gambling activity. We will continue our relentless pursuit of actively identifying and disrupting these operations,” Williams said.
“We want every patron in Michigan to have access to a fair and secure gambling experience. By eliminating illegal operators, we’re helping ensure the public can enjoy gaming without fear of fraud or abuse,” Williams added.
The post MGCB Targets 11 Illegal Online Casinos Operating Without Licenses appeared first on Gaming and Gambling Industry in the Americas.
The award-winning crash game Aviatrix has received certification for Brazil’s online gaming market, ensuring full compliance in the market.
Aviatrix has been granted full Federal Certification to offer its games via licensed operators in the country. Meanwhile, Aviatrix has also acquired a dedicated certification for the state of Paraná.
This means Brazilian players can now enjoy the most innovative crash game on the market – one that has already gained a loyal following across Latin America.
Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “This is a huge milestone for Aviatrix. Brazil is one of the most exciting, newly-regulated markets in the world. There is massive demand for high-quality content, and that’s why we know Aviatrix is going to thrive. We’re looking forward to bringing the game to the country via some world-class partners. Get ready for takeoff.”
Aviatrix has been rapidly expanding in Latin America over recent months, including in Peru and Colombia.
The company was also named ‘Rising Star in Casino’ at last year’s SBC Awards Latinoamérica.
The post Aviatrix receives certifications in Brazil appeared first on Gaming and Gambling Industry in the Americas.
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