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Compliance Updates

Fifth VIXIO Global Regulatory Awards nominations open today

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Industry’s only awards dedicated to regulatory and compliance excellence back for in-person showpiece London event with new categories and judges

Nominations for the fifth annual VIXIO Global Regulatory Awards are open from today, with the industry’s most important event recognising excellence in regulation, responsible gambling and compliance back for a gala in-person event on 21st October.

Following last year’s virtual event due to the global pandemic, organisers VIXIO GamblingCompliance are delighted the event is returning to its home of the De Vere Grand Connaught Rooms in London.

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There are 20 awards in total with the addition of four new categories, Outstanding Contribution to Safer Gambling, Outstanding Contribution to Sports Betting Integrity, Responsible Gambling Service or Solution Provider of the Year, and Safer Gambling Campaign of the Year.

Three new judges have also been added to a star-studded panel including Richard Flint, former CEO of SkyBet and current board member at Flutter, Jon Duffy, Director of Corporate Assurance and Regulatory Affairs at Genting Casinos UK, and Khalid Ali, CEO, International Betting Integrity Association (IBIA).

Mike Woolfrey, CEO VIXIO, said: “This year’s awards come at a time when the industry is under the regulatory spotlight more than ever with the Covid-19 outbreak seeing digital growth explode, player protection at the forefront of the news agenda, and multiple markets either opening their doors to online activity or making sweeping regulatory changes that will impact our industry for years to come.

“This has meant that compliance professionals have been working harder than ever to deliver safe and responsible products to safeguard global consumers with many teams and individuals successfully leading their organisations through unprecedented times.

“Our awards recognise the incredible contribution compliance professionals make to our industry’s reputation as one of the most innovative, dynamic and, above all, highly regulated in the world. We are expecting to receive some stellar entries in the coming weeks with the standard getting higher every year, and we can’t wait to celebrate with everyone in October.”

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Entries for the awards open today 17th May and close on 30th July. The shortlist of finalists will be announced on 1st September with the gala black-tie ceremony on 21st October in partnership with charity sponsor Young Gamers and Gamblers Education Trust (YGAM).

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Compliance Updates

BETER joins the Esports Integrity Commission

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Fast betting content, data and live streaming provider becomes a Tier 1 Anti-Corruption Supporter to the Esports Integrity Commission helping drive match-fixing and fraud out of the industry

BETER, the award-winning provider of fast betting content, data and live streaming for esports and sports, has joined the Esports Integrity Commission (ESIC) as a Tier 1 Anti-Corruption Supporter.

As a member, BETER will assist the ESIC in identifying and investigating suspicious betting activity while also supporting the Commission’s wider goal of combating match fixing and betting fraud across the esports industry.

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BETER is well placed to support the Commission, given its standard-setting approach to ensuring integrity across its fast-betting products and solutions.

As part of its supporter role, BETER will contribute to ESIC’s monitoring and intelligence functions, actively cooperating in the detection and investigation of suspicious betting activity. This includes visibility across its flagship ESportsBattle tournaments, delivering over 36,000 monthly esports events that are thoroughly monitored 24/7 by BETER’s Integrity team. .

The Integrity team ensures that all of BETER’s in-house events are conducted to the highest standards. This is achieved through rigorous e-learning sessions for all athletes participating in its contests, a 24/7 whistleblowing platform, the Integrity BOOTCAMP program, a comprehensive reporting system, partnerships with law enforcement agencies and sporting bodies/federations, and more.

Thanks to this robust integrity ecosystem, only 0.01% of events have been flagged for investigation as suspicious over the past 12 months.

Andrii Nekrutov, Chief Integrity Officer at BETER, said: “BETER’s strict measures and strong commitment to fair play principles in our ESportsBattle tournaments provide us with the qualities needed to be a strong and reliable member of the Esports Integrity Commission.

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“We are one of the most experienced esports betting content providers with educational programs and approaches that are unrivalled when it comes to integrity and fairness.

“The team looks forward to working with the Commission to improve the esports ecosystem by eradicating match-fixing and bolstering principles of fair play. We have done a great job of this with our esports tournaments and believe we can help do the same for the wider industry.”

Stephen Hanna, Chief Executive Officer at the Esports Integrity Commission, added: “BETER’s membership to the Esports Integrity Commission is a testament to the company’s alignment with our mission to uphold and promote the highest standards of integrity, transparency and fair play within the global esports ecosystem.

“By becoming a member, BETER joins a growing community of industry leaders dedicated to fostering a safe, transparent and sustainable future of esports.”

The post BETER joins the Esports Integrity Commission appeared first on European Gaming Industry News.

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Compliance Updates

IC360 Announces Integrity Partnership with PGA of America

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Integrity Compliance 360 (IC360), the unequivocal global leader in delivering best-in-class integrity and compliance regulatory technology products and services for the sports betting and gaming sector, has announced a new partnership with the PGA of America.

Through this partnership, IC360 will provide the PGA of America with its state-of-the-art Integrity Monitoring technology, providing real-time alerts on global wagering activity. Additionally, the PGA of America will utilize ProhiBet, the one-of-a-kind prohibited bettor solution to prevent individuals from engaging in prohibited wagering activities.

“We are excited to partner with IC360, a leader in regulatory technology for sports betting and gaming. This collaboration underscores our commitment to maintaining the highest integrity standards within golf by integrating IC360’s cutting-edge Integrity Monitoring technology and the innovative ProhiBet solution. By leveraging IC360’s expert Advisory Team, we gain invaluable insights as we navigate the sports wagering landscape,” said Jeff Price, Chief Commercial and Philanthropy Officer for the PGA of America.

The PGA of America will also utilize IC360’s seasoned Advisory Team, who will provide consultative services to the organization as they navigate the nuances of the complex and evolving sports wagering regulatory environment. IC360’s team comprises former regulators and seasoned gaming industry professionals who ensure all regulatory compliance standards are hitting the highest standards.

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“The PGA of America is a partner that shares the same vision of integrity and fairness in competition, which we promote and aim to protect. It is a privilege to provide this organization with our world-class technology and service, as they continue to showcase excellence in their commitment to integrity and their culture,” said Scott Sadin, Co-CEO of IC360, said.

The post IC360 Announces Integrity Partnership with PGA of America appeared first on Gaming and Gambling Industry in the Americas.

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Association of Gaming Operators in Kenya Announces New Regulations

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The Association of Gaming Operators in Kenya (AGOK) in partnership with government agencies, regulators and civil society are spearheading a set of proactive initiatives designed to shape the future of the gaming industry and protect innocent Kenyans from addiction to gaming.

In a press release, the Association says nationwide awareness campaigns promoting informed, mindful participation in gaming will be carried out across the country.

Advocacy for tools such as time-out mechanisms, betting and deposit limits will be put in place to ensure a healthy and controlled gaming behaviour among Kenyans.

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“The gaming industry in Kenya continues to evolve rapidly, creating opportunities for economic growth, digital innovation, and employment. However, with this growth comes a heightened responsibility to safeguard the welfare of players, particularly young people and vulnerable populations,” the statement by AGOK’s board reads in part.

“AGOK acknowledges the complex challenges associated with gaming, particularly around mental health, addiction prevention, and ethical standards. These are global concerns which members of AGOK take seriously. They are at the forefront of our agenda.”

The Association furthers contends that all its members operate under a “shared code of conduct” rooted in principles of fairness, transparency and social responsibility.

Among meaningful steps it says it has taken to prevent exploitation and minimise harm include putting into place advanced age-verification systems to block underage access, self exclusion tools that provide options for and permanent restrictions to gaming activities and round-the clock toll free helplines that offer confidential mental health and addiction support.

The regulatory measures comes amid calls to regulate the sector following increase in cases of mental health and some suicide cases attributed to betting.

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The post Association of Gaming Operators in Kenya Announces New Regulations appeared first on European Gaming Industry News.

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