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Compliance Updates

SCCG Announces Strategic Partnership with Steelhead Compliance Solutions

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SCCG Management, a global leader in Tribal gaming advisory and management services, has announced a strategic partnership with Steelhead Compliance Solutions LLC, a leader in tribal gaming compliance and regulatory affairs. This partnership aims to create significant opportunities for tribal nations by connecting them with SCCG’s expansive network of over 200 affiliated gaming companies and service providers. Together, SCCG and Steelhead will work to strengthen tribal gaming operations, enhance regulatory compliance, and uphold tribal sovereignty.

Stephen Crystal, Founder and CEO of SCCG Management, said: “Partnering with Steelhead Compliance Solutions aligns perfectly with SCCG’s mission to support the growth and success of tribal gaming enterprises across the U.S. Steelhead’s commitment to preserving tribal sovereignty and ensuring regulatory excellence will be instrumental in helping us provide unparalleled value to tribal nations. We are thrilled to bring our global network and expertise together with Steelhead’s deep understanding of tribal governance and regulatory frameworks.”

Richard Armstrong, founding partner of Steelhead Compliance Solutions, said: “Our partnership with SCCG represents an exciting new chapter in our commitment to supporting Indian Country. SCCG’s extensive management and service offerings, coupled with their unmatched global network, are the perfect complement to our expertise. Together, we will ensure tribal gaming operations not only thrive but also maintain the highest standards of regulatory compliance, protect tribal assets, and capitalize on new opportunities—all while safeguarding tribal sovereignty, which is fundamental to tribal nations.”

Steelhead Compliance Solutions brings over 80 years of combined experience, specializing in assisting tribal nations in navigating complex regulatory environments. The firm is known for its strong relationships with regulatory officials and leaders at tribal, state, and federal levels. Steelhead delivers comprehensive compliance, regulatory, and legal solutions, all while prioritizing the protection of tribal sovereignty. The partnership with SCCG aims to provide tribal nations with the tools and resources needed to grow their gaming operations while maintaining their independence and self-determination.

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Brazil

Golden Matrix Group Subsidiary Meridianbet Enters Final Phase of Brazil Licensing

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Golden Matrix Group, Inc. (Nasdaq: GMGI) is pleased to announce that its subsidiary Meridianbet has received formal notice from Brazil’s Ministry of Finance, through its Secretariat of Prizes and Betting (SPA) division, that it may proceed with the licensing process to operate in the country. This critical milestone affirms Meridianbet’s compliance with Brazil’s regulatory requirements and marks a significant step toward entering one of the world’s most promising gaming markets.

The notice enables the company to move forward with paying the licensing fee and submitting additional documentation, including proof of certification.

Meridianbet has already allocated the necessary funds to finalize the licensing payment and will now move forward with fulfilling all conditions to ensure its place on the list of licensed operators authorized to serve Brazilian customers beginning January 1, 2025.

“We are thrilled to be moving forward with an operating license in Brazil and are committed to swiftly meeting the final requirements set forth by the government,” said Brian Goodman, CEO of Golden Matrix Group. “The Brazilian market represents an extraordinary growth opportunity and a key milestone in our global expansion strategy. We are confident that entering the Brazilian market will lead to2025 being a transformational year for the company as we establish a strong presence in one of three most dynamic global growth markets. This milestone reinforces our strategy of entering regions with high growth potential while continuing to deliver gaming experiences that set new quality standards for the industry.”

Golden Matrix is committed to maintaining the highest standards of compliance and innovation, and intends to strengthen its presence in Brazil over the near and long term while continuing to deliver value to its stakeholders.

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Australia

Roadmap for Gaming Reform report published

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The Independent Panel brought together, for the first time, a mix of industry representatives, harm minimisation experts, police, experts in cybersecurity and privacy, academics, community organisations and a person with lived experience of gambling harm.

Specifically, the Independent Panel examined the feasibility and acceptance of implementing cashless gaming technologies in clubs and hotels in NSW to gain insights from the technology to inform the Roadmap report.

Independent Panel for Gaming Reform Chairperson Michael Foggo said the panel’s Executive Committee has put forward an ambitious roadmap for gaming reform for the government to consider.

“This has been challenging and complex work, and I thank each of the panel’s 16 members for their time, expertise and enthusiasm over the 16 months of the panel’s work, and for contributing their views to developing the recommendations,” Mr Foggo said.

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“The trial of this new technology was an important step to better understand the benefits and challenges for its implementation, giving technology providers, venues, patrons and government insights on operational issues tested in the real world.

“The trial learnings, advice from experts, research and evidence have informed the recommendations and safeguards to manage gambling harm and money-laundering risks and inform reasonable implementation timeframes to minimise impacts on industry.

“The roadmap also includes recommendations to progress the government’s commitment to reduce the overall number of gaming machine entitlements in NSW, as well as removing unnecessary complexity and further streamlining existing gaming regulatory regimes.”

The Independent Panel provided the government with separate advice on issues including mandating facial recognition technology to identify self-excluded patrons, and the establishment of a statewide exclusion register with third party exclusions.

The Executive Committee noted that further work needs to be undertaken by the government in developing its preferred approach to gaming reform.

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The post Roadmap for Gaming Reform report published appeared first on European Gaming Industry News.

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Compliance Updates

EGT obtained World Lottery Association Security Control Standard: 2020 Level 2 Certification

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EGT is proud to announce that it is already a member of the World Lottery Association (WLA), having successfully attained certification under its security standard WLA Security Control Standard: 2020 (WLA-SCS:2020) Level 2. This standard defines the requirements for information and operational security, as well as ensuring the integrity of the activities in the lottery and sports betting industries.

The main subject of the certification is EGT’s VLT solutions. To receive this designation, the company completed a two-stage process. First, it covered the requirements of the international standard for information security management systems ISO/IEC 27001 at the end of 2023. After that, it met additional lottery-focused security requirements set by WLA.

Mr. Vladimir Dokov, CEO of EGT, commented: “This achievement recognizes EGT’s commitment to sustainable development. It reaffirms our position as a leader in information security and underscores our ongoing dedication to creating products that meet the criteria of international accrediting institutions.”

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The post EGT obtained World Lottery Association Security Control Standard: 2020 Level 2 Certification appeared first on European Gaming Industry News.

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