Compliance Updates
Update of the Danish Gambling Authority’s Anti-Money Laundering Guidance
The Danish Gambling Authority has published a revised version of the Danish Gambling Authority’s Guidance on the Prevention of Money Laundering and Financing of Terrorism (the Anti-Money Laundering Guidance).
The guidance is aimed at gambling operators, their employees and other relevant stakeholders. The guidance is a supplement to the Danish Financial Supervisory Authority’s Guidance on the Act on Preventive Measures against Money Laundering and Financing of Terrorism.
The guidance has been circulated for consultation with a number of external stakeholders prior to publication.
Linguistic adjustments have been made throughout the Anti-Money Laundering Guidance as well as substantive changes in particular in section 3 on risk assessment, section 4 on policies, procedures and controls and section 6 on customer due diligence procedures. With the update, more examples have been added to illustrate the rules better.
The updated Anti-Money Laundering Guidance contains a version history where it is possible to familiarise yourself with the changes in the specific sections.
The consultation has resulted in the Danish Gambling Authority preparing a new guidance on the Danish Gambling Authority’s AML Inspections. The content of the Guidance on AML Inspections is not new, as it contains information that previously appeared in the Anti-Money Laundering Guidance. The Guidance on AML Inspections contain information on the Danish Gambling Authority’s inspection, including the possibilities for reaction and confidentiality. With Guidance on AML Inspections, the Danish Gambling Authority’s tasks have thus been separated from the obligations that gambling operators must fulfil under the Anti-Money Laundering Act.
The Anti-Money Laundering Guidance will be updated on an ongoing basis in line with changes to the Anti-Money Laundering Act, when new national risk assessments are published and in cases of new or changed practice.
Each update will be announced on the website, and the version number on the front page of the guidance will be adjusted so that it is visible that a new version has been released.
The Anti-Money Laundering Guidance and the Guidance on the Danish Gambling Authority’s AML Inspections are available via the menu “Businesses and Associations”, “Prevention of Money Laundering” and “Guidances”.
The post Update of the Danish Gambling Authority’s Anti-Money Laundering Guidance appeared first on European Gaming Industry News.
The Victorian Gambling and Casino Control Commission (VGCCC) has fined the Werribee RSL $30,000 for failing to prevent 2 self-excluded customers from gambling.
VGCCC CEO Suzy Neilan said: “This is the first time the VGCCC has taken disciplinary action against a club or hotel for self-exclusion breaches.
“Self-exclusion programs empower people to manage their gambling by registering to be temporarily or permanently blocked from entering gambling areas of clubs, pubs and casinos.
“By failing to respect a person’s decision to self-exclude, a venue may put customers who have decided to take a break from gambling, or quit altogether, at risk of experiencing gambling harm.”
In January 2024, the VGCCC received an anonymous tip-off that a self-excluded person entered the Werribee RSL gaming room and used the poker machines. The venue self-reported a second breach in May 2024, after realising a different customer had gambled at the venue on at least 4 occasions between February and May 2024.
Ms Neilan said: “Taking disciplinary action is the last resort. We would prefer venues take their harm minimisation responsibilities seriously by complying with their legal obligations, including through the effective implementation of tools like self-exclusion.
“Venues and their staff are the last line of defence for self-excluded customers, who should be able to trust that their decision to self-exclude will be respected. They must have the appropriate controls in place to prevent self-excluded people from entering gaming rooms.”
The VGCCC acknowledged that Werribee RSL cooperated with the investigations and has since taken steps to strengthen its procedures. These include improved and regular staff training, daily audits of the self-exclusion register and greater use of technology to identify self-excluded customers who attempt to enter the gaming room.
This remedial action was taken into consideration in determining the amount of the fine.
The post VGCCC Fines Werribee RSL for Self-exclusion Failures appeared first on European Gaming Industry News.
Konami Gaming Inc. announced successful completion of Gaming-related Vendor Licensing in the United Arab Emirates (UAE), a key emerging market for commercial gaming. Konami Gaming is among the first in the industry to be awarded a Gaming-Related Vendor License by the General Commercial Gaming Regulatory Authority (GCGRA), an independent entity of the UAE Federal Government with exclusive jurisdiction to regulate, license, and supervise all UAE commercial gaming activities. A leading global provider of casino games and casino management systems, Konami has been awarded official license to serve the UAE’s developing gaming market with its award-winning products and services.
“Since Konami Gaming’s inception, our global growth has been achieved with an unwavering commitment to compliance. As the United Arab Emirates expands its economy to the regulated commercial gaming space, Konami is dedicated to supporting this market with the same integrity, innovation, and excellence we bring to all 431 gaming jurisdictions we serve worldwide,” said Tom Jingoli, president & chief operating officer at Konami Gaming.
For a quarter century, casino players have enjoyed Konami Gaming’s slot machines for the Class III gaming space, in which game outcomes are determined by random number generators (RNG). The company has since expanded its world-famous casino entertainment to online gaming and a variety of central determination market sectors. Additionally, Konami Gaming has spent over 20 years delivering its industry-leading SYNKROS casino management system to some of the largest and most diverse gaming destinations on earth, with ultra-reliable 99.99% uptime.
The post Konami Gaming Awarded Gaming-related Vendor License in the UAE appeared first on European Gaming Industry News.
The Australian Communications and Media Authority (ACMA) has issued ReadyBet with a remedial direction after the company marketed to customers who had registered with BetStop – the National Self-Exclusion Register (NSER).
An ACMA investigation found ReadyBet sent 273 texts and push notifications from its mobile app to self-excluded individuals.
Separately, the company also failed to promote the NSER in 2342 push notifications despite it being mandatory to promote BetStop in any marketing electronic messages.
The ACMA issued the remedial direction so that ReadyBet takes action to prevent it breaching the rules in the future.
Under the remedial direction, ReadyBet must commission an independent review of its marketing systems, including its use of third-party suppliers.
ReadyBet must also engage a provider to deliver training to its staff to avoid messages being sent to self-excluded individuals.
The ACMA may seek civil penalties if ReadyBet does not comply with the remedial direction.
The post ACMA: ReadyBet Breaches Gambling Self-exclusion Rules appeared first on European Gaming Industry News.
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