Compliance Updates
Sports Betting Banned In States With 2024 Super Bowl Teams
The Super Bowl game this year between the San Francisco 49ers and Kansas City Chiefs will be a major day for legal sports betting — but not in the states that are home to the two teams.
Sports betting is illegal in the nation’s most populated state, California (49ers), and Missouri (Chiefs).
Gambling.com Legislation Expert Larry Henry took a look at how attempts at legislation in both states are progressing – along with some key quotes from his ‘The Edge’ interview with Gary Jenkins, an attorney and former Kansas City Police Department intelligence detective:
In California, a heated effort during the 2022 election to legalize commercial sports betting was unsuccessful, leaving tribal leaders at odds with regulated online sportsbook operators hoping to enter the market.
This year, a proposed sports betting ballot initiative already has been withdrawn, prompting speculation from industry observers that California, mired in wrangling over the issue, might remain without legal sports betting for at least two more years.
In Missouri, the Legislature again this year has taken up a sports betting measure, but its chances are questionable in part because of a stalemate over unregulated slot machines in bars and gas stations, according to the St. Louis Post-Dispatch.
With this dispute as a backdrop, Missouri’s major professional teams are attempting to circumvent the Legislature by seeking enough signatures from registered voters to put the issue on the Nov. 5 ballot. More than 170,000 signatures are required by May 8.
Gary Jenkins, an attorney and former Kansas City Police Department intelligence detective, said on Gambling.com’s “The Edge” that Missourians are crossing into bordering states to place legal sports bets, costing his home state money in lost revenue.
“We’re losing millions and millions in tax dollars,” Jenkins said.
Jenkins, who investigated Mob street rackets like illegal sports betting during his time as a police detective, said Missouri residents want to be able to bet legally on sports.
“They don’t see anything wrong with it,” he said. “They’ve been doing it with their friends for years.”
Reference: Gambling.com , link back to the original article, where you can also find additional information: https://www.gambling.com/us/news/sports-betting-banned-in-states-with-2024-super-bowl-teams
Compliance Updates
Playnetic strengthens European presence with licence to operate in Sweden
Playnetic, the new immersive B2B iGaming provider has announced that it has been granted a Swedish licence, following regulatory approval from the Swedish Gambling Authority, Spelinspektionen.
The licence allows Playnetic to launch its catalogue of innovative iGaming titles in Sweden, enabling the company to finalise partnerships with prominent operators across the country.
This significant milestone marks a major step forward in supporting Playnetic’s ambitious growth plans, which include increasing its foothold in other European markets, as well as continued expansion in regulated markets across the globe.
Dan Phillips, Playnetic CEO said: “Since launching in early 2023, Playnetic has been exploring expansion opportunities in Europe to penetrate new markets and we are thrilled with achieving this milestone.
“Thanks to our experienced compliance team, we were able to obtain this licence promptly, which is a huge positive as the market entry lines up perfectly with our regulatory roadmap for 2024. We are looking forward to launching our innovative suite of games which feature captivating themes and mechanics to players and operators in Sweden.”
The post Playnetic strengthens European presence with licence to operate in Sweden appeared first on European Gaming Industry News.
Balkans
Bulgarian President Approves Gambling Law Amendments
Bulgarian President Rumen Radev has decided not to veto the proposed amendments to the Gambling Law, which include a prohibition on gambling advertisements in the media.
Previously, President Radev had indicated that he was deliberating on the changes to the Gambling Law and was awaiting input from his advisors before making a final decision.
The prohibition on gambling advertisements in the media was approved by a significant majority of deputies during the final session of the 49th National Assembly. Despite objections raised by various media outlets, gambling operators, sports clubs, and other businesses between the readings, the amendments were endorsed. Some stakeholders argued against the ban, suggesting that public discussion should precede its adoption.
The initiative for the amendments originated from GERB and DPS, and it was introduced unexpectedly during the last days of the 49th National Assembly by Yordan Tsonev (DPS) and Temenuzka Petkova (GERB). The bill swiftly progressed through the legislative process, passing its first reading in the budget committee and subsequently receiving approval in the plenary session. An extraordinary meeting of the Committee on Budget and Finance was convened to facilitate the voting on the amendments before the deputies commenced their pre-election recess.
The post Bulgarian President Approves Gambling Law Amendments appeared first on European Gaming Industry News.
Compliance Updates
Playson awarded ISO/IEC 27001:2022 certification
Playson, the fast-growing digital entertainment supplier, has been granted an ISO/IEC 27001:2022 certificate, reinforcing its commitment to implementing robust compliance measures.
Having previously gained an ISO 27001:2013 certificate three years ago, this updated version is key in safeguarding sensitive information and required for Playson to hold its existing licences in valuable regulated markets.
This latest development coincides with Playson’s plans to further extend its outreach across a number of regions over the next 12 months, paving the way for the supplier to enter new jurisdictions in a more streamlined way.
The accreditation was awarded by Quinel and recognises the provider’s adherence in aligning with the standards that the International Organisation for Standardisation sets, demonstrating its ability to mitigate any information security risks whilst meeting all necessary legal and regulatory requirements.
The 2022 version includes updates and revisions to better address contemporary information security risks and challenges, such as those related to cloud computing, remote working, and emerging technologies. It provides organisations with a framework for implementing and managing an effective information security management system (ISMS) to protect their sensitive information assets.
Vsevolod Lapin, Deputy CEO at Playson, said: “The transition to ISO 2022 is welcome news for the business, and shows our continued dedication to compliance and regulation. Partners can rest assured of Playson’s heightened security measures and adherence to international standards with us acquiring this certificate.
“Greece, Ontario and Sweden are vital territories for Playson, with this certification also necessary for the Swiss market, and I expect the ISO 2022 to be required for more jurisdictions in the future, so this recognition has been received at a good time as we look to strengthen our global standing.”
The post Playson awarded ISO/IEC 27001:2022 certification appeared first on European Gaming Industry News.
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