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Compliance Updates

Videoslots Granted Key Cyber Security and Privacy Protection Certification

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Leading operator awarded ISO 27001 recognition

Online operator Videoslots has attained the ISO 27001 certificate, ensuring the highest level of data protection for its clients and partners in response to the evolving landscape of cybersecurity threats.

In its pursuit of the certification, Videoslots embarked on a comprehensive project including a rigorous assessment of its current security measures and the development of its Information Security Management System (ISMS).

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With the importance of safeguarding sensitive information paramount for companies worldwide, Videoslots has now elevated its security protocols to ensure the utmost protection of its data.

The recognition of achieving this standard means that Videoslots and its associated brands have successfully met all the stringent international standards for its ISMS and demonstrates the company’s ability to identify, manage and mitigate information security risks whilst adhering to legal and regulatory requirements.

“By attaining the ISO 27001 certification, we are keeping our data at the highest level of security, reinforcing trust in our brand and bolstering our competitive advantage,” the Chief Technology Officer for Videoslots, David Alamango, said. “It also places us in an elite group of organisations that have made the security of sensitive information a top priority.

“Furthermore, ISO 27001 provides a solid foundation for us to innovate and expand our technological capabilities as we continue to push the boundaries of what is possible.”

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Compliance Updates

BOS Opposes Swedish Government’s Credit Card Ban

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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.

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“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.

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Compliance Updates

James Blake Fined for Breaching Tennis Sponsorship Rules

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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.

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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.

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California

California Gambling Control Commission Announces Comprehensive Agenda for Upcoming Meeting

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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.

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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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