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European Gaming Congress 2024

Compliance Updates

BGC Supports UK Government’s Proposed 1% Gambling Levy

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The Betting and Gaming Council (BGC) has announced its support for the UK government’s proposed 1% gambling levy.

A spokesperson for the BGC said: “BGC members pledged £100m over four years to fund Research, Education and Treatment (RET) services to help prevent gambling-related harm and tackle problem gambling, which is paid through a unique voluntary levy scheme. They have gone further and will have donated £110m by March 2024, helping to protect the vital work of third sector RET providers.

“This current voluntary levy funds an independent network of charities which treats around 85 per cent of all problem gamblers receiving treatment in Great Britain. RET donations only go to charities accredited by the Gambling Commission and BGC members have no say on how the funding is spent.

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“The BGC supports a new mandatory levy – indeed we proposed this to the Government ahead of the White Paper. Our industry has been the majority funder of RET for over 20 years. However, we believe it should apply to all operators including the National Lottery, without affecting good causes, who are not immune to having problem gamblers gamble with their products like scratch cards and instant win games.

“It must also be applied on a sliding scale, with smaller percentage contributions from land-based operators, including independent betting shops on our high streets that have struggled to recover after the pandemic and incur disproportionately higher fixed costs.

“There must also be adequate oversight to ensure levy funds are only distributed to charities and organisations delivering genuine RET services to ensure long-term, sustainable funding – including protecting existing third sector providers who are already doing vital work and who may now be at risk.”

Compliance Updates

Oddsgate advances in compliance with GLI-33 certification

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iGaming software company Oddsgate continues strengthening its commitment to regulatory standards by obtaining its third certification from Gaming Laboratories International (GLI), the GLI-33.

With a 2024 agenda prioritizing integrity matters and expanding to new markets, the company has met its goals by obtaining licenses in cruciais countries such as Romania and certifications like GLI-13 and GLI-19.

Established as a benchmark in the market, GLI is a respected entity in the gaming and lottery sector, building its reputation since 1989. With a global network of laboratories across six continents, the company holds both American and international accreditations, ensuring compliance with ISO/IEC standards and technical expertise in the gaming, betting, and lottery industries.

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The Brazilian government approves GLI to certify companies and conducts rigorous and thorough testing. In this context, Tiago Almeida, co-founder of Oddsgate, highlights that this process elevates the industry’s standards, especially in a market with recent regulations. By strictly following all the high criteria established, Oddsgate celebrates this advancement, which will bring more quality and security to its activities.

The certification is also strategic for the federal standards already offered to many Brazilian operators and their “.bet.br” domains in pursuit of their local federal Brazilian licence.

The GLI-33 certification covers aspects such as:

• Security Requirements: Protection of sensitive data and system integrity.
• System Integrity: Accuracy and fairness in betting operations.
• Risk Management: Detection and mitigation of fraud and errors.
• Reporting and Audits: Transaction logging and auditing.
• Regulatory Compliance: Adherence to local laws and regulations.

In addition to many other criteria that ensure trust and transparency on betting platforms.

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“Oddsgate is meticulously crafting its strategic initiatives, unwaveringly and continuously striving to elevate our software and services to the highest compliance standards. We aim to cultivate an ecosystem of responsible, secure, and transparent betting for our clients, operators, and the ultimate end player. This partnership with GLI fortifies our position and commitment to these ideals, and this significant accomplishment profoundly gratifies us.” added Tiago Almeida.

Almeida further reinforces that the company will continue this approach and reveals that “The Q4 of 2024 will also be a solid execution period for Odddsgate, as we will announce additional certifications and B2B licenses.” to make the platform increasingly complete and maintain its innovative products and solutions.

The post Oddsgate advances in compliance with GLI-33 certification appeared first on European Gaming Industry News.

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Compliance Updates

beBettor partners with EveryMatrix for light touch financial vulnerability checks

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Data analytics platform beBettor has partnered with EveryMatrix to provide its UK licenced operator partners with frictionless financial vulnerability checks.

In response to Summer 2023 consultations and new UK Gambling Commission regulation coming into force at the end of August this year, beBettor checks will identify financial vulnerability such as where a customer is subject to bankruptcy orders or has a history of unpaid debts.

Checks will initially be introduced at a higher threshold of £500 net deposits in a rolling 30-day period from 30th August 2024. This threshold will then fall to £150 net deposits in a rolling 30-day period from 28th February 2025.

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beBettor technology will be integrated across several of EveryMatrix’s modular platform products to further strengthen its operator partners’ responsible gambling controls for all UK players.

Jake Cachia, Head of Compliance, EveryMatrix, said: “As a business, we pride ourselves in delivering the best service to our operator partners. This will provide our customers with additional robust responsible gambling controls while meeting new UK requirements without any friction so we’re delighted to be working together with beBettor.”

Sonny Cott, beBettor Chief Insights Officer, said: “Our aim is to help operators fully meet this new UKGC requirement in a seamless way that minimises business impact. As the 30th August deadline approaches, we are seeing more and more UK licensed operators opt for our frictionless and non-intrusive financial vulnerability solution. Today, it’s brilliant to announce partnering with EveryMatrix as an award winning sportsbook and iGaming supplier and I look forward to working closely with both EveryMatrix and their operator partners.”

The post beBettor partners with EveryMatrix for light touch financial vulnerability checks appeared first on European Gaming Industry News.

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Compliance Updates

Charity Commission Closes Case Against GambleAware

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The Charity Commission has concluded its investigation into GambleAware without issuing any criticism or findings against the organisation.

Zoe Osmond, CEO of GambleAware, said: “The Charity Commission has written to GambleAware to confirm the case has been closed without criticism, or findings against, the organisation. The Regulator has stated unequivocally that they are ‘assured that the trustees have taken appropriate steps to both ensure its [GambleAware’s] independence from the gambling industry and to address reputational risks arising from its current funding model’.

“Importantly, the Commission has also stated it is ‘satisfied that the Charity’s reliance on industry funding does not impact on decision-making about its activities’. We were pleased to see the Commission acknowledge our robust policies and governance processes as well as the important role our Lived Experience Council plays in providing advice and direction to our activities, among others.

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“Gambling harms have a devastating impact on individuals, families, and communities. GambleAware is wholly dedicated to advancing our charitable purposes for the public benefit, which is why we have long called for the introduction of a statutory levy on the gambling industry to provide long-term sustainable funding for the treatment, support and prevention of gambling harms.

“We urge anyone experiencing harm to reach out. Help and support are available through the National Gambling Support Network and the National Gambling Helpline, offering free, confidential assistance 24/7 to those in need.”

The post Charity Commission Closes Case Against GambleAware appeared first on European Gaming Industry News.

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