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Compliance Updates

HALLO Compliance Network to Discuss Sports Integrity in the US

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HALLO Compliance Network, the platform bridging the gap between technology and the law, and Home of monthly online meetups fostering growth, education, and collaboration, returns with its 2nd HALLO Compliance Meetup featuring a powerhouse panel on “Safeguarding Integrity in Sports“!

The next HALLO Compliance Network Virtual Meetup will take place on December 19 via Zoom at 12:00 PM EST, featuring a compelling panel discussion that delves deep into the pressing issues surrounding sports integrity, match-fixing, and betting addiction.

The sports betting industry, including operators, providers, regulators and customers, recognizes that the essence of exhilarating sports betting lies in fair sports competitions. Consequently, numerous gambling laws prioritize the pivotal element of sports integrity. Locally, various educational initiatives have been implemented, and on a global scale, the Macolin Convention—a unique initiative dedicated to promoting fairness in sports—has garnered ratification from nine countries and signatures from an additional 32. Moreover, major sports federations such as the IOC and FIFA have initiated their own programs and initiatives in support of this cause.

The HALLO panel will have a closer look at how the prevention of the manipulation of sports competitions looks like in the US at this point in time, five years after first states regulated sports betting.

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Meet the Panelists

This powerhouse panel features renowned experts in the field of sports integrity and regulatory compliance:

–        Jim Brown, Head of Integrity Services, North America & Athlete Wellbeing globally at Sportradar

–        Martin Lycka, SVP American Regulatory Affairs & Responsible Gambling at Entain

–        Jai Maw, Co-Founder and President of Betting Hero

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–        Bill Pascrell III, partner at Princeton Public Affairs group and long-time advocate for reasonable regulations in igaming and sports betting in the US.

HALLO Compliance Network brings together a distinguished panel of experts to shed light on critical topics, exploring the multifaceted challenges and innovative solutions in the industry.

 

Discussion Topics

  • Confronting Match Fixing: Is match fixing a significant concern in the US? We’ll explore its prevalence, the effectiveness of the educational and sports systems in combating it, and the role of legislation.
  • A Global Perspective:Understanding why match fixing is a hot topic in regions like Asia, Europe, and South America, and discussing the cultural and systemic differences.
  • Technological Implications: Examining how new technologies like deepfakes impact sports integrity, alongside the growing intersection between esports and sports integrity.
  • International Initiatives: Delving into the Macolin Convention, educational campaigns, and transparency projects aimed at tackling these issues globally.
  • Betting Addiction Among Athletes: Addressing recent cases and the ongoing challenge of betting addiction in the sports community.

This panel promises an in-depth exploration of the challenges facing sports integrity today, offering perspectives from legal, regulatory, technological, and ethical viewpoints. Join us for a session that’s as informative as it is engaging, perfect for professionals, enthusiasts, and anyone keen on understanding the evolving landscape of sports integrity.

Register Now For the 2nd HALLO Compliance Virtual Meetup!

Register and Tune in on December 19 via Zoom at 12:00 PM EST | 09:00 PST

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Introducing HALLO Compliance Network and its Mission

The Acronym “HALLO” stands for “Highly Aligned Leaders in Legal Operations”. As the name suggests, HALLO Compliance Network is a platform putting Legal Operations at the forefront, especially in the contemporary Technology sector.

HALLO is a platform for bridging the gap between technology and the law, combining a  trusted directory of legal experts specializing in Gambling, Blockchain, Fintech, and AI, and monthly virtual meetups focusing on learning and networking. HALLO is your Global Compliance Guide in Today’s cutting-edge fields, connecting Highly Aligned Leaders in Legal Operations.

Welcome to HALLO Compliance!

Register Now Free to harness the knowledge of the HALLO Virtual Meetups!

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2 Comments

2 Comments

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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 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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