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UKGC considering ban on gambling with credit cards

(PRESS RELEASE) — Following a recent call for evidence on the issue of gambling online with credit cards, the Gambling Commission has confirmed it will be holding a 12-week consultation to begin in mid-August.

One approach would be to ban gambling online with credit cards. However, the public and all other stakeholders will be consulted on other options, including restricting the use of credit cards. The Commission will then take the most appropriate course of action in view of any evidence obtained by this consultation, alongside data already submitted.

The call for evidence, which the Commission launched in February, provided several key interest points around the use of credit cards to gamble online. These included:

• Alternative forms of borrowing: if action is taken on credit cards alone then consumers experiencing harm may use other forms of borrowing to fund their gambling, such as overdrafts and loans. It is therefore vital that the financial and gambling sectors work to protect customers from harm where they gamble with other forms of borrowed money.

• E-Wallets: where online gambling deposits are made through some e-wallets, operators have no means of knowing which method the payment originated from. Any future proposals would therefore require e-wallet providers to take the necessary action to support any regulatory measures introduced.

• Further evidence: the Commission wants to obtain further evidence about consumers’ motivations for using credit cards to gamble, and any specific benefits of using them. The call for evidence highlighted very little in this regard. In aiming to prevent harm from gambling with credit cards, the Commission is clear that it must take account of the impact of a ban or restrictions on gamblers who are not experiencing gambling harms.

Paul Hope, Executive Director at the Gambling Commission, said, “Gambling with borrowed money is known to be a risk factor for consumers, so we think there is a need for action. This consultation will help us decide what that action should be.”

Source: Online.CasinoCity.com

Yggdrasil launches The One Armed Bandit

(PRESS RELEASE) — Team up with the courageous sheriff to drive gun-toting desperadoes out of town in Yggdrasil’s latest title, The One Armed Bandit.

This ultra volatile game offer players up to x100 multiplier in free spins. The first spin signals the start of the gunslinger duel where each scatter symbol is a captured gang member that turns into a 5x multiplier wild for the next respin.

If the sheriff manages to defeat the outlaws, he can challenge their ruthless leader to an epic showdown in free spin mode, before riding off into the sunset with a hefty reward.

Natalya Ovchinnikova, Product Owner Slots at Yggdrasil, said, “We’re excited to present our own twist on a classic theme.

“What’s great about this game is its super high volatility and huge win potential, combined with its interesting way of triggering and entering free spins, ensuring players get the ultimate Wild West experience.”

Source: Online.CasinoCity.com

Georgia iGaming Affiliate Conference releases program

(PRESS RELEASE) — On 18 October, Tbilisi will host a practical event called the Georgia iGaming Affiliate Conference. Gambling operators, advertisers, marketing specialists, affiliates and webmasters will share their experience in current earnings on gambling.

The conference aims to unite online and offline casinos as well as to provide conditions for contacts and experience exchange in order to earn more, carry out legal operations, avoid penalties and expand businesses.

Live communication with core industry experts is the best way to improve yourself and your business within a single day: you will discover how to establish a casino in Georgia, find investments, increase the customer flow, and obtain traffic sources.

The program includes the following:

How to make an attractive online offer.
Levon Nikoghosyan, entrepreneur and developer. He founded PartnerMatrix, a user-friendly software for affiliates and agents: with API integration, flexible rights adjustment, automatic payments, built-in reports, and analytics.

How to attract players to your casino among other million venues. Affiliate marketing strategies with a focus on betting affiliate website and organic SEO.
Nikola Minkov, entrepreneur. He dealt with SEO until it became a mainstream. He has founded Serpact in order to help businesses to sell their services via content. Serpact has implemented 700 client projects since 2012.

Amendments in laws and regulation of Georgian gambling business. How to run business legally, avoid penalties, and earn more on your own activity.
Teona Shiukashvili has been issuing permissions for establishing casinos for more than 10 years. Currently, she is the Head of Gambling Business Regulation Division at Georgia Revenue Service.

Must-see: panel discussion with practicing online and offline casino experts. Review of tools aimed at user attention.
Shota Amiranashvili, President of the Association of casinos in Adjara. Briefly about 13-year experience in land-based casinos.

Giorgi Gvenetadze, Head of Product Marketing Department at adjarabet.com. A bet on youth and a creative approach to business allowed Adjarabet to conclude an agreement for $132 million with Paddy Power Betfair. They allowed Giorgi to win in the Marketing Category at Cannes Lions Georgia 2019.

Afterparty
The conference will end with an afterparty where speakers, sponsors, participants, and VIP ticket owners will keep talking with a glass of Georgian wine.

The party, as well as the whole event, is organised by Smile-Expo, an international company that has been holding business and high-tech events for 13 years.

• Date: Friday, 18 October 2019.
• Venue: The Biltmore Tbilisi Hotel.

Source: GamingMeets.com

Playson granted license by Romanian regulator

(PRESS RELEASE) — Casino software developer Playson has been granted a Class II license by the Romanian regulator (ONJN) allowing it to enter the country’s regulated market.

The new license enables Romanian-facing operators to offer Playson games for the first time, including its popular Timeless Fruit Slots series, as well as its latest releases including Solar Queen, Wild Warriors, Mighty Africa and Book of Gold: Classic.

This expansion into the Romanian market extends the company’s presence across Europe and follows recent operator deals with TOPsport and SuprNation within the territory.

Playson CEO Alexander Ivshin said, “Here at Playson we’re delighted to announce we have been granted our Romanian license and thrilled to give players access to our innovative slot catalogue.

“We’re always looking to expand our global footprint, and we look forward to working alongside the ONJN, and developing a long and fruitful partnerships in Romania.”

Approval by the ONJN brings total the number of Playson’s licenses to three, including those granted by the UKGC and the MGA.

Source: Online.CasinoCity.com

Ksa publishes Guidelines for the Prevention of Money Laundering and Financing of Terrorism

(PRESS RELEASE) — The Gaming Authority (Ksa) has today published the Guidelines for the Prevention of Money Laundering and Financing of Terrorism. It is the first Wwft guideline specifically for gambling providers.

With the Wwft guideline, the Ksa provides guidelines for gambling providers to comply with the obligations arising from the Wwft. The purpose of that law is to prevent criminal money from being laundered or used for terrorism.

An important Wwft provision for gambling providers is that there should always be a so-called client investigation. Part of this is in any case the verification of the identity of the player. The purpose of the investigation is also to control the player and his or her transactions. If these do not match the player’s ‘risk profile’, the gambling provider must conduct further investigation. This is the case, for example, if there is doubt about the information provided or if there is a suspicion of money laundering. Another important Wwft provision is that gaming providers must report unusual transactions. This is the case, for example, if someone exchanges 10,000 euros or more in cash for gambling chips.

The Guideline Wwft of the Ksa currently only applies to the gaming casinos of Holland Casino, the only license holder for offering casino games in the Netherlands. If the Remote Gambling Act enters into force, the Wwft obligations also apply to providers of gambling via the internet. Online gambling is now still prohibited in the Netherlands. It is expected that from 1 July 2020 it will be possible to apply for a permit for this from the Ksa.

Source: Online.CasinoCity.com

Betting on Sports 2020 heads to Barcelona

(PRESS RELEASE) — SBC (Sports Betting Community) has announced that its flagship Betting on Sports event is to relocate to Barcelona in 2020 as part of international expansion plans across the sports betting and gaming industries.

Betting on Sports 2020 will now be held at Fira Barcelona from 8 to 11 September.

Betting on Sports has been staged at Olympia London since 2017 — and the conference centre is once again the venue for the forthcoming Betting on Sports 2019 (17-20 September) — but SBC has recognised that a new venue is required to facilitate the further expansion anticipated in 2020 as the success of this year’s event has seen the Betting on Sports reaching capacity in London.

Rasmus Sojmark, CEO & Founder of SBC, said, “Betting on Sports is known for its commitment to high quality content and delegate experience, as well as providing great business opportunities, which has resulted in a rapidly growing international appeal. As the show continues to expand and evolve, it’s important for us to stay true to the core values that define the event.

“We have chosen Barcelona because it has world-class hotels, transport links and attractions to ensure delegates enjoy a great time in the city. Fira Barcelona provides a large and centrally located venue to continue to deliver on this promise.

“Coupled with the growing betting and gaming market in Spain, Barcelona was an easy choice to make.”

The decision to move Betting on Sports to Barcelona has received a warm welcome from key stakeholders in the industry.

Martin Lycka, Director of Regulatory Affairs, GVC Group, said, “Spain is a very exciting gambling market with a big international appeal, which makes Barcelona an ideal host city for next year’s Betting on Sports conference. This event is one of the first ones on my calendar every year.”

George Rover, Managing Partner of Princeton Global Strategies, said, “Barcelona is a fantastic international city, which makes it a perfect location for an international show such as Betting on Sports 2020. It is one of Europe’s great destinations.”

Betting on Sports has achieved over 50% year-on-year growth since its launch in 2016 and now attracts delegates from more than 60 countries, with content aimed at challenges and opportunities in markets all around the world.

All of the key elements that have made Betting on Sports the must-attend event for thousands of key industry stakeholders each year will still be present in Barcelona.

Delegates can expect an even more extensive content offering from each of Betting on Sports, CasinoBeats Summit, PaymentExpert Forum, SBC Digital Marketing Forum, SBC Sponsorship Forum and Sports Betting Hall of Fame. The number of expert speakers on offers means that Betting on Sports will be providing one of the biggest gatherings of gambling expertise in the industry.

Complementing the conference content will be a vastly increased exhibition area where operators can keep up to date with the latest product developments and innovations in the betting, casino and payments sectors.

The relocation will also see the Sports Betting Hall of Fame Ceremony move to Barcelona, where the pioneers in the industry are recognised for their contributions to the business of sports betting.

Sojmark added, “Team SBC will be exhibiting at IGB LIVE stand Q30 next week, and we welcome you to visit our booth to discuss Betting on Sports and CasinoBeats Summit this coming September, the SBC Awards in December, and of course our plans for 2020 including taking Betting on Sports to Barcelona.”

Source: Online.CasinoCity.com

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