R Franco Technologies SLU, a company belonging to R Franco Group, has secured a compliance Certificate for its Iris platform from Gaming Laboratories International (GLI) LLC for Puerto Rico Gaming Commission’s sports wagering rules and regulations.
The certification underscores R Franco Technologies’ commitment to maintaining the highest standards of regulatory requirements in the dynamic iGaming industry. By obtaining this certification, R Franco Technologies demonstrates its dedication to providing secure, reliable and fully compliant solutions for its clients and partners.
The Iris platform, known for its cutting-edge technology and user-centric features, has undergone thorough testing and evaluation by GLI LLC, a globally recognized authority in gaming testing and certification.
This accreditation, in addition to its GLI-33 v1.1 Event Wagering Systems certificate, not only validates the excellence of R Franco’s Technologies but also assures operators in Puerto Rico’s sports betting market of the platform’s readiness to meet the high standards of the Puerto Rico Gaming Commission.
“We are delighted to have received this compliance certificate from GLI for our Iris platform,” the Head of Business Development for R Franco Digital, Guillermo Ruiperez, said. “This achievement reaffirms our dedication to providing top-tier solutions that not only meet but exceed industry regulations. We are committed to supporting the growth of the gaming industry in Puerto Rico.”
“We are excited about R Franco Technologies’ decision to enter the Puerto Rico market and congratulate it for becoming one of the first Ibero-American companies to achieve certification for the jurisdiction,” the Latin America and Caribbean Vice-President for GLI LLC, Karen Sierra-Hughes, said. “One of our objectives in Spain is to support our clients in their expansion goals and we are grateful for R Franco Technologies trusting GLI for this important milestone as we look forward to continuing to support it across the globe.”
R Franco Technologies’ collaboration with GLI LLC and its attainment of the compliance certificate further solidify its position as an industry leader and a trusted partner for gaming operators seeking innovative, secure, responsible and compliant solutions.
BOS Opposes Swedish Government’s Credit Card Ban
On Friday, the government came out with a proposal to ban the use of credit cards for gambling. The government is thus going against its own state investigation into the matter, the so-called Over-indebtedness Inquiry.
In a previous opinion, BOS has supported the Over-indebtedness Inquiry’s conclusion to continue allowing credit cards for gambling.
“It is sad that the government does not listen to its own expertise and instead proposes a ban on credit cards when gambling, contrary to what the government investigation has concluded. Interestingly, the government does not propose a corresponding credit card ban for the purchase of alcoholic beverages, which in Sweden is only offered by a retail monopoly owned and operated by the government itself,” Gustaf Hoffstedt said.
“The government is handing yet another competitive advantage to the unlicensed gambling market, which has a 41% market share when it comes to online casino. The risk is great that unlicensed gambling will overtake and gain a larger total market share than licensed gambling in 2024. The government needs to change focus and show that it is on the same side as the licensed gambling companies and the safeguarding of consumers,” Gustaf Hoffstedt added.
James Blake Fined for Breaching Tennis Sponsorship Rules
Miami Open tournament director and former top 10 player James Blake was fined $56,250 for violating tennis’ rules about betting sponsorship, the International Tennis Integrity Agency announced Wednesday.
The London-based ITIA said the violation was unintentional and Blake “cooperated fully with the investigation and did not contest the charge”.
If Blake breaks the rules again during an 18-month probationary period that began on Feb. 9, the agency said he would be subject to an 18-month suspension and an additional fine of $131,250.
The TACP rules state that: “No Covered Person shall directly or indirectly, facilitate, encourage and/or promote Tennis Betting (Facilitation).”
Karen Moorhouse, CEO of the ITIA, said: “Across our members – the ATP, WTA, ITF and Grand Slams – the rules prohibit accredited individuals from having commercial relationships with betting companies.
“This case is more a matter of perception, rather than corruption. The rules apply to players, coaches, officials and accredited tournament staff – who all have the ability to influence results or have access to inside information.
“We urge anyone in the sport who is unclear or is considering commercial deals like this to get in touch with us to seek guidance.”
The ITIA is an independent body established by its tennis members to promote, encourage, enhance and safeguard the integrity of professional tennis worldwide.
California Gambling Control Commission Announces Comprehensive Agenda for Upcoming Meeting
The California Gambling Control Commission (CGCC) has officially released the notice and agenda for its forthcoming commission meeting, set to take place on Thursday, March 7, 2024. In a move to accommodate participants from various locations and enhance accessibility, the CGCC has announced that the meeting will be held both in person and via tele/video conference.
The primary location for the in-person meeting will be at the CGCC’s headquarters in Sacramento, located at 2399 Gateway Oaks Drive, Hearing Room 100 on the first floor. Additionally, satellite locations have been established to cater to attendees in Northern and Southern California, including the Judicial Council of California’s Milton Marks Conference Center in San Francisco and the Carolyn Owens Community Center in Chino, respectively.
For those unable to attend in person, the commission is providing a Zoom link (https://zoom.us/j/2857578614) and a toll-free call-in option (1-888-475-4499, Meeting ID: 285 757 8614), ensuring widespread participation. The CGCC emphasizes that public participation is strongly encouraged, recommending virtual attendance through Zoom for convenience, although in-person attendance is welcomed, particularly at the Sacramento primary location.
The agenda for the meeting is packed with critical discussions and deliberations, starting promptly at 10:00 a.m. Key items include the approval of meeting minutes, consideration of initial and temporary licenses for third-party proposition player services employees, and key employee findings of suitability in line with tribal-state gaming compacts. The meeting will also address renewal applications for key employee licenses and commission work permits among other consent calendar items.
This comprehensive meeting underscores the CGCC’s dedication to transparency and public involvement in its regulatory duties. It offers an opportunity for professionals in the gambling sector, stakeholders, and the general public to engage directly with the commission’s activities and decisions affecting the gambling landscape in California.
For more details on the agenda and how to participate in the meeting, please visit the CGCC’s official website at www.cgcc.ca.gov.
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