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Gibraltar Gambling Regulator Agrees £850,000 Settlement with Onisac Ltd
The Gibraltar Gambling Commissioner has agreed a regulatory settlement with Onisac Ltd, a part of the Mansion Group.
This settlement is in respect of historical anti-money laundering (AML) deficiencies within the business in relation to non-EU/non-UK customers where significant control failings were identified in respect of various AML requirements. The licence holder accepts that, in relation to several accounts reviewed during an onsite assessment for the purposes of assessing the adequacy of the due diligence and ongoing monitoring carried out, its internal controls fell below the required regulatory standards.
An aggravating feature in this case was a failure by previous senior management to respond adequately to regulatory advice or to deliver on an agreed action plan.
The Regulatory settlement was agreed because current senior management have been fully cooperative during the onsite visit which led to this action and subsequent enquiry. Management commitment has extended to agreeing to improved governance arrangements (including non executive oversight), a third party review and an enhanced period of monitoring by the Gambling Division working together with the current senior management team.
The financial element of the regulatory settlement is £850,000 which will be paid to the Consolidated Fund. In arriving at this figure due consideration has been given to the additional management time and costs (including payments to professional advisers) that will be incurred as part of the remediation programme.
Onisac Ltd continues to hold a licence from the Government of Gibraltar and the Gambling Commissioner contemplates no further continued action in respect of the company and will be making no further comment on this matter.
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Sportradar Group AG (NASDAQ: SRAD) has been granted a gaming-related vendor license from the United Arab Emirates’s General Commercial Gaming Regulatory Authority (GCGRA), an independent entity of the UAE Federal Government with exclusive jurisdiction to regulate, license, and supervise all commercial gaming activities.
The license, operational with immediate effect, affords Sportradar the opportunity to provide its products and services to licensed operators.
Sportradar looks forward to bringing its 20+ year expertise and proprietary sports technology to operators and clients in the region.
The post SPORTRADAR AWARDED UNITED ARAB EMIRATES LICENSE appeared first on European Gaming Industry News.
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Winlandia, the online casino with a Nordic twist powered by SkillOnNet, has expanded its offering by launching bingo vertical to players in the UK and Sweden.
Following the launch, players can now enjoy a range of bingo games from Pragmatic Play, including 90-ball, 80-ball, 75-ball, 50-ball, 30-ball and Speed Bingo, as well as themed rooms, including Big Bass Bingo, Drop Pots, Boom Box and a dedicated Jackpot Room.
They can also take part in the provider’s flagship Bingo Blast format, including spin-offs like Snowball Blast, as well as its hugely popular Diamond Dazzle and just-launched Reels Room.
To super-charge the launch, Winlandia has partnered with Gambling.com and its flagship Whichbingo.co.uk, which will exclusively promote Winlandia Bingo to its audience for several weeks.
To support the launch of Winlandia Bingo, the operator is offering an exclusive welcome bonus together with WhichBingo, consisting of: 100% up to £50 + 300 No Wagering Bingo Tickets + 100 Free Spins on Big Bass Bonanza. To support the launch of Winlandia Bingo, the operator is offering an exclusive welcome bonus together with WhichBingo, consisting of: 100% up to £50 + 300 No Wagering Bingo Tickets + 100 Free Spins on Big Bass Bonanza,18+, GambleAware and T&C applies.
Christoffer Grönlund, Head of Affiliates at Winlandia, said: “This launch highlights our commitment to long-term affiliate partnerships and strengthens our collaboration with Gambling.com Group.”
“Pragmatic Play’s bingo suite allows us to bring the Winlandia experience to a wider audience while maintaining our Nordic character and focus on entertainment.
We’re proud of how our affiliate relationships continue to drive quality traffic and sustainable growth in key markets like the UK.”
Malcolm Farrimond, Head of Bingo at SkillOnNet, added: “It’s great to see Pragmatic Play Bingo now live on Winlandia in both the UK and Sweden. The product offers a strong mix of bingo games, including Big Bass Bingo, Bingo Blast and Drop Pots, with something to suit different types of players.
“We’re also pleased to launch Big Bass Bingo exclusively for UK players – a new room inspired by the popular slot title. It’s a well-rounded bingo offering that supports Winlandia’s focus on entertainment and variety, and we’re looking forward to seeing how players in both markets respond.”
Corina Tanasa, Account Manager at WhichBingo.co.uk, said: “At WhichBingo.co.uk and Gambling.com are delighted to support the exclusive launch of Winlandia’s new bingo product. We look forward to showcasing this exciting addition to the market and delivering an engaging experience to players. This collaboration marks an important step in bringing innovative bingo content to a wider audience”
The post Winlandia launches dedicated bingo offering in the UK appeared first on European Gaming Industry News.
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The Philippine Amusement and Gaming Corporation (PAGCOR) and the National Privacy Commission (NPC) have entered into a partnership aimed at bolstering data privacy protection and ensuring regulatory compliance across the country’s gaming sector.
The collaboration was formalized through a Memorandum of Understanding (MOU) signed on Monday, October 20, at the PAGCOR Corporate Office in Pasay City.
Under the agreement, the two agencies will work together to address data privacy challenges, enhance stakeholder collaboration, and promote a secure and trusted gaming environment.
PAGCOR Chairman and CEO Alejandro H. Tengco said the partnership reaffirms the state gaming firm’s commitment to safeguard the personal data of its employees, licensees, and gaming patrons.
“This MOU with the NPC is a vital step in aligning PAGCOR’s policies and processes with the evolving data privacy landscape, Mr. Tengco said. “It reinforces our duty to protect personal information while ensuring that our operations remain transparent, compliant, and trustworthy.”
He added that the partnership would pave the way for the full development of a database of government officials and employees who are prohibited from gambling in casinos and other gaming establishments nationwide.
“In collaboration with the NPC, PAGCOR hopes to finally develop a database of government employees who are prohibited from gambling in casinos. This is part of our promotion of responsible gaming,” he added.
NPC Privacy Commissioner and Chairman Atty. John Henry Naga, meanwhile, lauded PAGCOR’s proactive stance in embracing data privacy accountability, noting that cooperation between regulatory agencies is crucial in safeguarding personal data especially in industries handling large volumes of sensitive information.
“The formalization of this collaboration between NPC and PAGCOR underscores the security of our citizens’ personal data, which is not just a regulatory requirement but a hallmark of excellence in the gaming industry,” Atty. Naga said.
The idea of a formal partnership was first raised during an NPC-led Data Privacy Training Workshop for Government-Owned and Controlled Corporations where
PAGCOR Data Privacy Officer Maria Concepcion Gloria-Rubio proposed the creation of a framework to enhance compliance mechanisms.
Under the MOU, PAGCOR and NPC will implement joint programs on privacy awareness, capacity building, and policy development to strengthen privacy governance within the gaming sector
The post PAGCOR, NPC join forces to strengthen data privacy in gaming industry appeared first on European Gaming Industry News.
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