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Compliance Updates

The Finnish National Police Board issues prohibition orders and conditional fines of €25k to two Curaçao licenced gambling operators

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Article written by Antti Koivula, consulting legal advisor at Legal Gaming

Two Curaçao based gambling operators, Nordic Tech Services N.V. and Viking Technology N.V. (“Companies”) had been aggressively marketing and selling their gambling products via phone for the Finnish customers, which attracted a lot of negative attention among the Finns. Multiple complaints were made for the Finnish Competition and Consumer Authority (“FCCA”) and for the National Police Board (“NPB”) starting from April 2020 and in September 2020 the NPB opened administrative proceedings against the Companies.

The NPB’s communication with the Companies was not fruitful with the Companies underlining the fact that none of their operations were performed from Finland and thus the NPB lacked authority. As the scope of the Finnish Lotteries Act covers foreign gambling operators to the extent their services are available in Finland, the NPB proceeded with the case. In the end of January 2022, the case had proceeded to the point in which the NPB issued prohibition orders and conditional fines for the Companies. There were slight delays with the delivery of the formal decisions and thus the prohibition orders entered into force only in May 2022.

The prohibition orders are in force for 12 months period renewable by a maximum 12 months per time. As the PSP-blocking system in Finland is starting in the beginning of 2023, this means that the Companies will be the first ones to be placed on the payment blocking list (“Blacklist”) if they remain uncompliant. As the NPB has currently several pending cases against MGA licenced operators, it remains to be seen who will be first ones to follow the Curaçao competitors to the Blacklist.

The NPB’s public statement is available in English at:
https://poliisi.fi/-/121lotto-ja-365lotto-lottoarvontojen-markkinointi-ja-myynti-kielletty-suomessa?languageId=en_US

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Compliance Updates

REEVO Obtains Certification in Portugal

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REEVO, the fast-growing online game provider, announced that its portfolio of in-house games has officially been certified for the Portuguese market, marking another important milestone in the company’s ongoing expansion across Europe’s regulated iGaming sector.

With certification secured, REEVO games are now approved for licensed operators in Portugal, enabling the company to introduce its innovative slot titles and immersive gameplay experiences to players across the country.

Portugal represents one of Europe’s most respected regulated markets, and the certification underscores REEVO’s commitment to delivering high-quality, compliant gaming content that meets the strict requirements of regulated jurisdictions while maintaining the creativity and performance that define the REEVO brand.

Portuguese operators will now gain access to:

• REEVO’s premium portfolio of in-house slot games

• High-performance, mobile-first gameplay

• Innovative features designed to enhance player engagement

• Fully certified and regulator-approved content

“Achieving certification in Portugal is an exciting milestone for REEVO and an important step in our European growth strategy. We are thrilled to bring our in-house games to Portuguese operators and players, continuing our mission to deliver engaging, high-quality content across regulated markets,” said Karl Grech, Head of Business Development at REEVO.

The post REEVO Obtains Certification in Portugal appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Compliance Updates

UKGC Appoints Sue Young as its Executive Director of Operations

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The UK Gambling Commission (UKGC) has appointed Sue Young as its new Executive Director of Operations.

Sue joins the Commission from HMRC where she was Director of Debt Management. She brings extensive leadership experience from across the public sector, including senior roles at the Home Office, including Border Force and HM Inspectorate of Constabulary and Fire & Rescue Services and the Department of Health and Social Care.

As Executive Director for Operations, Sue will lead a number of the Commission’s operational functions as the regulator continues its work to keep gambling safer, fairer and crime free.

Sarah Gardner, Acting Chief Executive, said: “I’m delighted to welcome Sue to the Gambling Commission. There is a great deal of important work underway across our operational teams, not least our continued focus on tackling the illegal market and delivering strong regulatory outcomes. Sue brings a wealth of operational leadership experience and I’m very much looking forward to working with her.”

Sue Young said: “I’m excited to be joining the Gambling Commission and to be learning about a new sector. The Commission plays an important role in protecting consumers and ensuring gambling is conducted fairly and safely. I’m looking forward to building on the significant work already underway across the organisation.”

The post UKGC Appoints Sue Young as its Executive Director of Operations appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Fanatics Betting and Gaming Appoints Alex Smith as its Chief Legal Officer

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Fanatics Betting and Gaming has announced the appointments of Alex Smith to the position of Chief Legal Officer and Sara Tait to Senior Vice President and Head of Legal and Regulated Industries.

Reporting to Fanatics Betting and Gaming CEO Matt King, Smith will be a member of the FBG executive team and lead legal, regulatory, compliance, and government affairs strategy for the company’s rapidly growing sports betting and iGaming division. Smith Joined FBG in 2021 as VP of Legal and Regulatory Compliance and spearheaded the fastest state by state roll out for Fanatics Sportsbook in the history of U.S. sports betting.

“Alex was one of our first hires and he helped build our legal and regulatory apparatus that has allowed us to launch products rapidly in legal sports betting, iCasino and prediction markets. As we continue to grow, Alex is the perfect person to lead our legal and regulatory functions into the future,” said Matt King, CEO of Fanatics Betting and Gaming.

Reporting to Alex Smith, Tait will have wide responsibilities spanning multiple strategic subject matters within FBG, specifically serving as legal counsel to the regulated gaming and markets products. She is responsible for developing and managing FBG’s relationships with federal and state regulators; contributing to government affairs efforts and strategic industry initiatives; furthering FBG’s consumer protection measures; and maintaining licenses and registrations with federal and state oversight bodies.

“Sara is a well-respected former gaming regulator who also has experience in the private sector, making her the ideal choice to lead critical legal and regulatory efforts. The legal and regulatory landscape for sports betting, iCasino and prediction markets are constantly changing and having someone that has been on both sides of the regulatory landscape will be invaluable to us as we continue our growth trajectory,” said Smith.

The post Fanatics Betting and Gaming Appoints Alex Smith as its Chief Legal Officer appeared first on Americas iGaming & Sports Betting News.

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