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BGC Holds Inaugural Gambling Anti-money Laundering Group (GAMLG) Training Day
UK gambling standards body Betting and Gaming Council (BGC) delivered the inaugural Gambling Anti-Money Laundering Group (GAMLG) Training Day on April 25.
GAMLG was established in 2016 by the Association of British Bookmakers (ABB) and Remote Gambling Association (RGA). It is now supported by the Betting and Gaming Council who provide the secretarial function and has been independently chaired by Keith Bristow QPM, who was previously the first Director General of the National Crime Agency, since its inception.
The objective of the Group is to reduce money laundering risks within the sector and to promulgate best practice amongst operators. While gambling is rated as low risk in the Government’s National Risk Assessment, the industry is determined to drive up standards and encourage best practice across its membership to keep crime out of gambling.
The focus of the day was to share best practice and discuss topical issues for the gambling sector in the Anti-Money Laundering and Counter-Terrorist Financing space. The event was attended by over 80 members from across over 30 different organisations, including Entain, William Hill, Betway, Playtech, Gamesys and Genting. The aim of the day was to encourage operators of all sizes to consider key emerging risks, best practice and developments, reflecting the diversity of compliance functions across BGC operators.
Members heard from Senior Manager, Claire Wilson, from the Gambling Commission on the current regulatory landscape and lessons from enforcement cases. Director General of the National Crime Agency, Graeme Biggar, also spoke to the group about the current threat landscape as it pertains to gambling and anti-money laundering. Additional sessions took place on SARs best practice, delivered by the UK Financial Intelligence Unit, as well as a tutorial from KPMG on building a culture of compliance.
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Quantum continues expansion streak with two director-level new hires
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One of betting and gaming’s best-known customer acquisition and comparison businesses, Quantum, has announced the next steps in its ambitious growth plan by welcoming two new director-level appointees.
Joining the business are Dimitris Papamichael as commercial director and Luke Watkin as marketing director – both in newly created roles. They come in alongside a full C-suite and a full team of new tech hires that continues a recruitment drive which began in 2023 – and reflects Quantum’s rapid and consistent growth throughout the last five years.
Papamichael will be responsible for all revenue-generating activities across the business in a pivotal leadership role. He’ll shape Quantum’s commercial strategy as the company diversifies into new verticals while maintaining its strong position in the iGaming sector. He’ll also lead an expanding team of commercial and sales managers.
Watkin will lead the development and execution of the marketing strategy across all business verticals. As marketing director, he’ll be instrumental in shaping Quantum’s marketing vision, building scalable systems, and delivering commercial impact as it expands into new markets. Watkin will build and mentor a high-performing marketing team and is also tasked with driving further recruitment.
Speaking of the appointments and new strategic direction, CMO James McCarthy said: “It’s a pleasure to welcome Dimitris and Luke to Quantum during what is undoubtedly a really fascinating time in our growth. From cementing our relationship with some of iGaming’s biggest names to helping us expand into exciting new sectors, both of our new Directors will be integral to the continued success of the business.”
Papamichael said: “I’m thrilled to be joining Quantum at such an exciting stage of its incredible growth journey. The company has already achieved so much, and there’s huge potential ahead as we expand into new markets and sectors. I can’t wait to work with the exceptionally talented team here to seize the many opportunities ahead and drive the next phase of growth.”
Watkin said: “I am delighted to join a business with such a proven track record of excellence in its core markets, as well as highly ambitious plans for strategic expansion into new markets and territories. I am looking forward to contributing towards building on the exceptional progress the team has made to date, and accelerating that growth in the years ahead.”
This people news comes hot on the heels of the company’s exciting rebrand news of last week, moving toward the “quantum” in QiH Group” as well as redefining the business’ purpose and strategic direction.
The post Quantum continues expansion streak with two director-level new hires appeared first on European Gaming Industry News.
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FLY AWAY TO FORTUNE WITH ZITRO’S “RAINBOW BIRDS”
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The post FLY AWAY TO FORTUNE WITH ZITRO’S “RAINBOW BIRDS” appeared first on European Gaming Industry News.
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PHP13 MILLION UP FOR GRABS IN PAGCOR’S LINKED BINGO EVENT
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The post PHP13 MILLION UP FOR GRABS IN PAGCOR’S LINKED BINGO EVENT appeared first on European Gaming Industry News.
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