Compliance Updates
Bitblox acquires Isle of Man gaming licence
Bitblox – the up-and-coming price prediction games provider on a mission to bring crypto-based betting to the masses – announced today that it has received approval from the Gambling Supervision Committee to supply its content to all Isle of Man-licenced businesses.
Having successfully acquired a licence from the GSC, an organisation which is widely considered to be the gold standard among iGaming regulators, Bitblox will now be able to share its full range of titles with operators and aggregators working in any of the markets covered by the certification.
As such, all IOM-licensed brands wishing to add an engaging new vertical to their existing line-up will now be able to choose from an innovative selection of games that includes Up or Down, Up or Down Turbo, 3 in a Row and BitSlap, all of which are currently available in pool betting format.
Offering a fast-paced and entertaining betting experience that is instantly accessible to crypto aficionados and newcomers to the industry alike, all of these games hinge on a players’ ability to correctly predict how the price of a specific cryptocurrency will fluctuate over a set period of time.
In Up or Down and Up or Down Turbo, bettors will be tasked with guessing whether the price of a token will increase or decrease over a 60 or 20 second interval respectively, while 3 in a Row takes this concept to the next level by enabling users to combine three outcomes for even bigger prizes.
BitSlap, on the other hand, uses the same basic concept as the other three titles, but this time introduces fun characters who fight at the end of the betting round, creating a light-hearted game with mass market appeal that also offers potential for operators to introduce their own branding.
While this exciting game collection is already totally distinct from anything else in the industry, Bitblox has also announced it intends to enhance its product line-up in future by including both free-to-play and real money tournaments that will add an extra level of social engagement to play.
Brandt Page, CEO at Bitblox, said: “Here at Bitblox we’re attempting to introduce an entirely new form of crypto-based betting to the iGaming industry, so having our titles certified by the Isle of Man’s GSC is obviously a huge step forward in terms of what we’re hoping to achieve.
“With this new certification now in place, we’ll be able to offer our unique games to operators and aggregators based in all countries covered by the IOM licence, meaning players of all experience levels will be able to use an appealing mix of skill and luck as they try to profit from the markets.”
The post Bitblox acquires Isle of Man gaming licence appeared first on European Gaming Industry News.
Australia
New Harm Minimisation Measures for Pubs and Clubs with Gaming Machines Come into Effect in New South Wales
Pubs and clubs in New South Wales with gaming machines are now required to comply with important new measures intended to embed a culture of harm minimisation in venues to support people at risk of gambling harm.
Venues with more than 20 gaming machines now need to have a dedicated Responsible Gambling Officer (RGO) on duty while gaming machines are in operation.
Under the changes, licensed venues are also banned from placing any signage or advertising relating to gaming machines either on, or visible from, an Automatic Teller Machine (ATM) or EFTPOS terminal.
Any sign that advertises or gives direction to ATMs or EFTPOS terminals will also not be allowed to be visible from a gaming machine or any part of a gaming area.
Venues will be given a month’s grace period to ensure they are compliant with the new ATM signage rules before enforcement activity commences in August.
The NSW Government has consulted industry and stakeholders on the new requirements.
Venues will be responsible for identifying and training suitable staffs to fulfil the role of Responsible Gambling Officers, who will help identify and support patrons displaying concerning gambling behaviour, make referrals to gambling support services and facilitate requests for self-exclusion.
The number of officers required to be on duty will be scaled depending on the number of gaming machine entitlements a venue has.
Venues will also be required to keep a Gambling Incident Register to record details of occurrences including where a patron displays behaviour that indicates they are at risk of, or experiencing gambling harm, and any requests for self-exclusion.
Further changes will be rolled out from 1 January 2025, when all ATMs must:
- Be located at least five metres from the entry to a gaming room or area where gaming machines are located.
- Not be visible from:
- The entry to a gaming room, or area or room where gaming machines are located.
- A gaming machine.
Liquor & Gaming NSW inspectors have already commenced visiting venues across the state to ensure they are aware of the new 1 July obligations, and will be providing further guidance to industry about the changes that apply from 1 January 2025.
Minister for Gaming and Racing David Harris said: “We know that gaming machines represent the most serious risk of gambling harm, impacting individuals and their loved ones.
“The NSW Government is committed to implementing gambling reform to reduce these harms, including this introduction of Responsible Gambling Officers in pubs and clubs, and changes to the placement and visibility of ATMs in venues.
“Responsible Gambling Officers will work to identify those patrons most at risk, or who are already experiencing gambling harm, check on their wellbeing and help refer them to support services if required.
“Having cash dispensing facilities further away from gaming machines encourages a clean break in play for patrons who may be losing track of what they are spending.
“We’ll be monitoring compliance in these areas closely to see if we need to look at strengthening harm minimisation laws even further.”
The post New Harm Minimisation Measures for Pubs and Clubs with Gaming Machines Come into Effect in New South Wales appeared first on European Gaming Industry News.
Edict egaming has received approval from the Alcohol and Gaming Commission of Ontario (AGCO) to provide its games for the online casino market in the Canadian province. This applies to both the German edict egaming GmbH and Edict Malta Limited. From now on, the Merkur Group subsidiary will be able to offer its popular Merkur slots in one of the largest North American markets.
“We are delighted to have received AGCO approval for our Merkur games in Ontario. This is definitely a big step for edict and we are very excited to showcase ourselves to new audiences on the global stage in this dynamic market,” Dominic-Daniel Liénard, CEO of edict egaming GmbH, said.
The AGCO is working with the Government of Ontario and iGaming Ontario (iGO) to establish a new online gaming market that helps protect consumers gambling through private gaming companies. This license certifies that edict operates within the framework of strict laws and meets the requirements for responsible gaming.
Compliance Updates
The Danish Gambling Authority Will Have More Response Options with Amendment of the Gambling Act
On 2 May, the Danish Parliament adopted the Act on Amendment of Act on Gambling. Among other things, the amendment of the Gambling Act means that the Danish Gambling Authority from the 1st of July 2024 will have more response options i.e., options to issue orders and reprimands.
Until last month, the Danish Gambling Authority had the option to warn the licence holder or report it to the police when the Danish Gambling Authority found a breach of the gambling legislation.
However, in the future, when the Danish Gambling Authority finds a breach, the Danish Gambling Authority can issue an order and/or a reprimand. If the licence holder fails to comply with the order or does not meet the deadline, the breach may result in a report to the police or the licence may be revoked.
The amendment of the Act also means that the Danish Gambling Authority must publish court rulings where the outcome is a verdict of guilty or a partial verdict and fines issued for breaches found after 1 July 2024 on the Danish Gambling Authority’s website for five years.
On Spillemyndigheden.dk, you will find a full list of all reactions issued by the Danish Gambling Authority. You will find the list “Rulings and reactions” under “News” in the menu. The list enables you to filter by type of reaction and field of law.
The post The Danish Gambling Authority Will Have More Response Options with Amendment of the Gambling Act appeared first on European Gaming Industry News.
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