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JCRC Submits FY2023 Budget

The Japan Casino Regulatory Commission (JCRC) has submitted a budget for JPY3.88b ($27.7m), equivalent to an increase of JPY0.35b ($2.5m) as compared to the budget sanctioned for fiscal 2022.
The rise in the budget is demanded keeping in view the situation of the revenue deficit, as there are hardly any chances for integrated casino resorts to be operational in Japan before the end of the present decade, even if the existing two concessionaires operational at Osaka and Nagasaki are given green signals to kick-off the operations.
On other hand, the commission expects a rise in manpower cost and operational cost.
The Commission estimates its present work-force to scale from present 20 to 177, which is pegged at a kind of 13% increase on a year-on-year basis.
The rise in salaries and operational cost envisaged by the commissions is pegged at JPY2.85b ($21.34m) which is additional JPY160m ($1.13m) on a YoY basis.
The commission estimates expenditure amounting to JPY460m ($3.27m) to set-up an organisation which will be in regulatory role to supervise casino operators and other similar entities, an increase of JPY70m ($0.5m).
The commission estimates an additional rise of JPY20m ($0.14m) on a year-on-year basis towards a cost of JPY220m ($1.56m) to conduct examinations of casino operators and allied business operators and entities to check and verify the suitability for granting casino licenses.
Information Technology cost to be adhered to regulate the entities falling under the commission’s jurisdiction for the fiscal 2023 remains the same as per the fiscal 2022 and amounts to JPY60m ($0.42m).
The above-cited information technology cost excludes the amount to be contributed by the commission to Japan’s Digital Agency, which amounts to JPY1.01b ($7.11m).
Japan’s Digital Agency is a government body set up to aid the digitalisation of Japan’s economy, government and society.
The Commission has calculated an amount of JPY290m ($2m) to be utilised towards public relationship activities, which includes cost involved towards establishing relations with overseas regulatory bodies, which is up by additional JPY110m ($0.78m) on a year-on-year basis.
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Kongebonus statement: Norway’s election result signals gambling policy continuity, but licensing debate is set to intensify

With the centre-left retaining a narrow majority, Norway’s gambling framework is set to remain largely unchanged in the near term.
Norsk Tipping’s monopoly will continue, and enforcement tools such as payment and DNS blocking of unregulated operators are likely to remain in focus. While a shift to a licensing model appears unlikely this parliamentary term, the Progress Party’s stronger position as the main opposition keeps the reform debate active.
For industry stakeholders, the sensible course is to concentrate on compliant, sustainable strategies and to track policy signals closely as the debate continues.
The post Kongebonus statement: Norway’s election result signals gambling policy continuity, but licensing debate is set to intensify appeared first on European Gaming Industry News.
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Slots Temple Announces Exclusive Free-to-Play Tournament Partnership with Pragmatic Play

Leading online casino operator Slots Temple is excited to announce a brand-new partnership with the UK’s number one slot provider, Pragmatic Play. This exclusive new deal will allow Slots Temple to integrate Pragmatic Play’s industry-leading products into its free-to-play tournament platform.
As part of this collaboration, Pragmatic Play’s renowned online slot portfolio, which features popular titles like Big Bass Bonanza, Big Bass Splash, and Gates of Olympus, will be available on Slots Temple’s tournament platform.
This is a landmark moment for Slots Temple as it continues establishing itself as a unique proposition in the UK marketplace. The operator became the first affiliate site to receive a full United Kingdom Gambling Commission license, enabling it to offer real-money prizes and slots to its customers. Through this partnership, Slots Temple will also be the first operator in the UK to offer free to play Tournaments (on Pragmatic Play Slot Games) that award real cash prizes
Slots Temple is committed to giving its players access to the latest and best slots available, and this new partnership underscores that dedication.
Fraser Linkleter, CEO of Slots Temple, said: Tournaments are the beating heart of everything we offer here at Slots Temple. By signing this exclusive partnership, we are continuing to demonstrate to our players our commitment to collaborating with the best the industry has to offer.
“Slots Temple has repeatedly proven itself to be a trailblazer in the UK slot scene, and we’re excited for their players to engage with our titles through dynamic tournaments. Our games are designed with player engagement in mind, making them a perfect match for this format.” Beatriz Chamero, Business Development Manager at Pragmatic Play commented.
The post Slots Temple Announces Exclusive Free-to-Play Tournament Partnership with Pragmatic Play appeared first on European Gaming Industry News.
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iGP Partners With BetComply to Support Strategic Expansion

The post iGP Partners With BetComply to Support Strategic Expansion appeared first on European Gaming Industry News.
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