Compliance Updates
EPIC Global Solutions Boosts Regulatory Efficiency by nearly 90% with Vixio
With Vixio, EPIC can move faster, with regulatory research reduced to “an hour rather than a day”.
Vixio, an award-winning provider of regulatory intelligence solutions, is proud to announce a partnership with EPIC Global Solutions, a leading gambling harm-prevention consultancy, to enhance its regulatory efficiency and insight. By leveraging Vixio’s innovative suite of compliance tools, EPIC has streamlined its ability to navigate complex gambling regulations across multiple jurisdictions.
EPIC advises clients on how to intervene and interact with gamblers who may be suffering harm, including associations and operators who are serious about gambling social responsibility, such as the EFL, SPFL, NCAA and MLSPA.
Operating in a fast-paced, ever-changing regulatory landscape, EPIC faced the challenge of maintaining up-to-date, accurate compliance knowledge for its global clients.
“As a global consultancy, it’s crucial for us to stay informed on the latest regulatory developments. With Vixio, what would take a day now takes just an hour,” said Daniel Spencer, Principal Consultant at EPIC Global Solutions. “Trying to keep up with the changes in regulation, new stories as they break, and emerging markets in this space is a very difficult process, and Vixio makes that a lot easier.”
Mike Woolfrey, CEO of Vixio, added: “We are proud to support EPIC Global Solutions in their mission to reduce gambling harm. Our platform is designed to simplify regulatory complexities, helping organisations like EPIC make informed decisions faster and more confidently.”
A Comprehensive Compliance Solution
Vixio’s intelligence centralises global gambling compliance updates from 1,300 regulatory authorities in 180+ different jurisdictions, covering 4m+ data points. This centralised, easily searchable respiratory, combined with Vixio’s interactive tools, have provided EPIC with real-time access to critical regulatory information.
Vixio’s regulatory intelligence has empowered EPIC to support clients effectively across multiple jurisdictions in maintaining compliance and reducing gambling-related harm worldwide.
“Certainly, for anybody advising in this space from a consultancy point of view, Vixio is a valuable tool to ensure that your knowledge is kept up to date and the best it can be,” said Spencer.
The partnership between Vixio and EPIC ensures that EPIC has all the support it needs so it can focus on delivering proactive, effective solutions to mitigate gambling-related harm and ensure compliance across global markets.
“The support from Vixio’s team has been exceptional,” said Spencer. “Their proactive approach ensures we maximise the platform’s value, and they’re always available when we need assistance.”
The post EPIC Global Solutions Boosts Regulatory Efficiency by nearly 90% with Vixio appeared first on European Gaming Industry News.
Leading sportsbook technology provider ready to deliver premium virtual sports offering to local operators
Altenar has achieved a significant milestone in its LatAm expansion by securing a new certification to offer sportsbook and RGS, including virtual sports in Brazil.
This development underscores Altenar’s commitment to providing cutting-edge and engaging sportsbook solutions in regulated markets, and follows a string of landmark deals with industry leaders, such as Inspired, Kiron, Leap and Sportradar.
To achieve the certification, Altenar underwent a thorough evaluation process, demonstrating the provider’s dedication to compliance and its ability to meet the stringent requirements of the Brazilian market.
The integration of virtual sports from renowned providers will further enhance Altenar’s comprehensive platform, offering a dynamic and exciting vertical for Brazilian players that can be enjoyed 24/7.
Dinos Doxiadis, Director of Product – Sportsbook and Data at Altenar, said: “We are thrilled to achieve certification for virtual sports in Brazil. This marks another significant step in our growth across Latin America and reinforces our commitment to the burgeoning region.
“By joining forces with some of the industry’s most renowned providers, we are confident in our ability to deliver an unparalleled virtual sports experience to operators and players in Brazil. This offering will complement our existing sportsbook solutions and provide further opportunities for engagement and growth in this key market.”
The post Altenar gains ground in Brazil with virtual sports certification appeared first on Gaming and Gambling Industry in the Americas.
The Dutch Gaming Authority (KSA) has warned 711 BV, a provider of online games of chance, for showing gambling ads on a website aimed at minors. The warning followed a report from a parent who saw an advertising banner from 711 on a website linked to homework assignments from primary schools.
By law, gambling providers are not allowed to advertise to vulnerable groups, including minors. This form of advertising is considered by the KSA to be very harmful and therefore a serious violation. Taking action against such advertising and taking extra care to protect minors and young adults will be a priority for the KSA in 2025.
The 711 advertising campaign was carried out by an external partner. This party placed banners on various websites, including sites that are (partly) aimed at minors. In a conversation with the KSA, 711 indicated that it had already discovered this itself after an internal investigation and had taken measures to prevent recurrence. The provider did not report this, but should have done so: licensees are obliged to inform the KSA of errors on their part that could pose a danger to consumers.
The KSA dealt with the violation with a warning, because 711 itself had discovered and ended the violation and taken measures to prevent recurrence.
The post Dutch Regulator Issues Warning to 711 BV appeared first on European Gaming Industry News.
The UK Gambling Commission (UKGC) has issued a warning to operators, reminding them that failure to submit regulatory returns on time may lead to penalties and further enforcement actions.
The warning follows a spate of fines against operators who have failed to submit a regulatory return in the required timeframes for each type of activity for which they hold a licence.
Since October more than ten businesses have been fined up to £750 for not correctly completing and submitting regulatory returns within the required timeframe.
John Pierce, Commission Director of Enforcement, said: “Despite early engagement and the issuing of advice notices, further failures to comply with the regulatory returns process were identified in these cases. Operators are expected to understand their reporting obligations and must ensure returns are submitted on time via our online portal.”
“Repeated breaches and persistent non-compliance is likely to result in escalating enforcement action.”
On 1 July 2024, Licence Condition 15.3.1 – General and regulatory returns of the Licence Conditions Codes of Practice was updated to require all licensees to submit regulatory returns on a quarterly basis replacing the previous annual basis.
The next quarterly returns are due by 28 April 2025 and can be submitted via the eServices digital service on the UKGC’s website.
The post UKGC Warns Operators Over Late Regulatory Returns appeared first on European Gaming Industry News.
-
Press Releases4 weeks agoGraffiti Rush marks PG Soft’s debut in graffiti-themed slots
-
Baltics2 weeks ago
Playson powers ahead in Europe with Fenikss partnership
-
Africa3 weeks ago
Springbok Casino is Offering 25 Free Spins in Honour of South Africa’s Top 5 Wild Egg Hunters
-
Latin America3 weeks ago
Paysecure expands reach across LATAM, showcasing solutions at SIGMA Americas
-
Amusnet3 weeks ago
Amusnet to Participate in the Third Edition of SiGMA Americas
-
Balkans2 weeks ago
CT Gaming Expands in Macedonia with a Landmark Installation
-
Central Europe3 weeks ago
Digitain Partners with Gamingtec to Expand Presence in Europe
-
Compliance Updates4 weeks ago
Ukraine Creates New Agency Named “PlayCity” to Control Gambling and Lotteries
