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Compliance Updates

Comments on the Gambling Commission from Lord David Lipsey

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Gambling Commission Consultation

Memorandum from Lord David Lipsey (pictured), Chair for Premier Greyhound Racing

“Much public criticism has been levied at the Gambling Commission’s proposals on affordability; including by me. However, most of this concentrates on the possible effects of the proposals on horse racing.

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“Practically nothing has been said about the corresponding effects on greyhound racing. Greyhound racing remains Britain’s fifth largest spectator sport, so this is a strange omission.

“By way of background, greyhound racing gets helpful support from a levy on bookmakers. This levy, unlike the horseracing levy, is voluntary. However, all but a few minnows amongst bookmaking pay it. It is collected by a body called the British Greyhound Racing Fund (BGRF), chaired by Joe Scanlon, an experienced bookmaker. Its board comprises a mix of bookmakers and representatives of the sport. They, in turn, allocate the funds they collect as they see fit to greyhound racing.

“The BGRF is focussed on something of great importance: the welfare of racing and retired greyhounds.

“It is channelled through the sport’s national governing body, the Greyhound Board of Great Britain (GBGB). The GBGB has welfare as its predominant objective. Its document, A Good Life for Every Greyhound is the sport’s guiding light on welfare. Welfare used to be a much lower priority for the BGRF. Much of its money went, for example, on equipment for tracks; a straight business subsidy.

“However, the percentage devoted to welfare has steadily increased. Greyhound welfare now comprises some £3.9 million (51.4%) of the BGRF’s expenditure. A further 19% goes to regulation such as kennel inspection, which is also important for the dogs’ welfare.

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“As a direct result of the BGRF’s increased emphasis on welfare, there have been huge improvements in the outcome for greyhounds. When I chaired the then-British Greyhound Racing Board in the 2000s. fewer than one in six greyhounds were rehomed after racing. Many were euthanised. Today on the latest GBGB figures a staggering 95% of dogs are rehomed after racing. Meanwhile, there has been a huge investment in improving track surfaces.

“However, the voluntary levy has not been buoyant. In the latest available year, 2022/23, it raised £7.6 million in levy. In money terms this compares with £8 million a decade ago. But in real terms it has fallen from nearly £11 million in 2012/13 to £8.2 million in July of 2023.

“There was a one-off hike in 2019/20 to £8.8 million following an extension of the levy to overseas bets on greyhounds. I was responsible in negotiating this at the request of the then-Sports Minister, Tracey Crouch. However, it has since declined. The GBGB has been talking to various bookmakers about increasing the levy. However, the near universal response has been for the bookmakers to say ‘we will pay more if all the other bookmakers do’. The result has been stasis.

“Premier Greyhound Racing has no independent evidence on the impact of the proposed crackdown on affordability proposed by the Gambling Commission. However, greyhound racing, like horse racing, has some heavy hitter punters who would plausibly be put off betting on greyhounds if they were subject to onerous affordability checks.

“I can offer here my own experience. £5/£10 is my normal stake. However, as a ‘politically exposed person’, I was subjected to rigorous checks by my bookmaker, responding as they were to Gambling Commission pressure. It took an exchange of 32 e-mails before I was finally allowed to keep my account.

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“Of course, I, like other parliamentarians, have received direct assurances from ministers that affordability checks will be automatic and seamless. However, the consultation paper itself makes clear that this is not the intention of the Gambling Commission. It admits that 2/3% of punters may have intrusive affordability checks carried out.

“These will almost by definition be the big punters. Big punters are a mix of those with gambling problems and those who just enjoy a good bet. Greyhound racing like horseracing has done everything it can to encourage safer betting. But if the Gambling Commission insists on probing big punters, they will simply disappear. Some will go to the ‘black market’. Some will seek their kicks elsewhere.

“The loss of greyhound punters will directly impact the yield of the voluntary levy. But equally important, if the bookmakers are hard hit by the new affordability rules (and they all think they will be) that will be a huge blow to their willingness to contribute to the voluntary levy.

“So far bookmakers have stuck with the levy. They have done so partly because they are sentient human beings, many with a huge affection for this most loveable breed of animal. But they do so also because they regard the levy as a price they must pay for the ‘social licence’ for greyhound racing to continue. The RSPCA, Dogs Trust and Blue Cross are already agitating for a ban on the sport. If the bookmakers are under financial pressure because of the impact of affordability checks, they are not likely to be in a mood to up their contributions in line with the sport’s needs.

“It would be horrifying if the progress of the last couple of decades was undone. Some trainers might dispose of dogs in unacceptable ways. Track maintenance might be neglected. Vets might no longer be in attendance at some tracks. Yet if the money to pay for welfare is not forthcoming due to the impact on bookmakers of the new affordability requirements all these are possible. GBGB would resist but it might be powerless to insist.”

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Compliance Updates

Altenar celebrates Greek licence in landmark moment for business

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Leading sportsbook goes live with full multi-product offering across key market

Altenar, a leading sportsbook and iGaming software provider, has obtained a B2B licence in Greece, expanding its outreach across another established European territory.

The company, which already has an office in Athens, has secured a licence from the Hellenic Gaming Commission, boosting Altenar’s presence in the country and adding a Greek licence to its already comprehensive portfolio.

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Altenar’s expertise reaches more than 50 countries where gambling is legalised and the Greek licence, which is valid for seven years, paves the way for the company to offer its services in a new jurisdiction.

Since the introduction of the new regulatory framework, online betting in Greece has emerged as a success story, with the country undergoing robust growth, as market data shows tax revenues expected to reach €540,000,000 this year and the creation of numerous job opportunities.

Marina Zacharopoulou, Compliance Manager at Altenar, said: “The process of obtaining a licence for Altenar was rigorous, albeit familiar due to our experience with similar procedures in other jurisdictions. While we encountered typical challenges along the way, we navigated them smoothly.

“Achieving a Greek licence holds special significance for Altenar, as a considerable portion of our team is Greek, making it feel like a homecoming. Personally, I believe that Greece’s historical connection to games of chance, evident in the popularity of gambling in ancient times and the presence of deities like Tyche, adds cultural resonance to our licensure.

“Securing our presence in Greece through licensure not only demonstrates our commitment to regulatory compliance but also positions us to capitalise on the country’s expanding market.”

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The post Altenar celebrates Greek licence in landmark moment for business appeared first on European Gaming Industry News.

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Compliance Updates

Novibet Announces Digital Compliance Partnership with W2 by FullCircl

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Novibet, a global leader in online betting, has announced that it has selected FullCircl’s identity solutions platform, W2, as its new digital compliance partner. The partnership will help Novibet meet regulatory compliance requirements and ensure its customers gamble in a safe and secure environment.

The solution W2 has designed for Novibet strikes the perfect balance between compliance and customer engagement. A suite of Anti-Money Laundering (AML) solutions provides the bookmaker with access to global sanctions, Politically Exposed Persons (PEPs), and watchlist data from key jurisdictions across South America, North America, and the EU, through a single API access point. Screening millions of records per month for Novibet prevents money laundering at initial onboarding stage, through ongoing monitoring, and at point of transaction. This ensures a swift journey for Novibet’s ever-growing customer base, whilst protecting its reputation.

Giannis Papastamou, Head of Customer Compliance & Group MLRO at Novibet, said: “W2 came highly recommended by DTI Solutions, a leading cyber security integrator to the gambling industry. This collaboration underscores our dedication to maintaining the highest standards of regulatory compliance and ongoing player protection while delivering a seamless and secure gaming experience for our customers. Based on what we’ve seen so far, we’re already keen to explore ways to integrate more of the W2 product suite into our platform.”

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Jess Whitehouse, Head of Customer Success, Identity Solutions at FullCircl commented: “We are delighted that Novibet has selected W2 by FullCircl. We’re providing them with a best practice approach to gambling compliance, including non-intrusive identity verification checks that balance the need for customer due diligence (CDD) with frictionless onboarding and superior player experience. I would also like to thank our trusted partner DTI for their role in bringing this partnership to fruition.”

The post Novibet Announces Digital Compliance Partnership with W2 by FullCircl appeared first on European Gaming Industry News.

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Compliance Updates

PGA of America Joins AGA’s Have A Game Plan.® Bet Responsibly.™ Campaign

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The PGA of America is partnering with the American Gaming Association’s (AGA) Have A Game Plan.® Bet Responsibly. public service campaign to promote responsible sports wagering.

Announced ahead of the 2024 PGA Championship—May 16-19 at Valhalla Golf Club in Louisville, KY—the partnership will feature co-branded responsible gaming content, educational materials and strategic activations across PGA of America’s digital and social platforms.

“As the PGA of America welcomes ESPN BET as the Official Sports Betting Sponsor of the 106th PGA Championship, it is core to our values to ensure golf fans have the right tools in their bag to bet responsibly,” said PGA of America Chief Commercial Officer Jeff Price. “Activating AGA’s Have A Game Plan campaign during this year’s PGA Championship and beyond will be an integral part of our strategy as interest in golf wagering grows.”

Launched in 2019, Have A Game Plan brings legal gaming operators, sports teams, leagues, media companies and other organizations together around a common consumer education message, focusing on the core principles of responsible wagering:

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  • Set a budget and stick to it.
  • Keep it social—sports betting is a form of entertainment for adults.
  • Know the odds.
  • Play with legal, regulated operators.

“We look forward to our partnership with the PGA of America amplifying Have A Game Plan’s principles with golf enthusiasts and bettors across the country,” said AGA Senior Vice President of Strategic Communications Joe Maloney. “Together, we’re driving the message home: set a budget, stick to it, and wager responsibly.”

Other league Have A Game Plan partners include the MLB, NASCAR, NBA, PGA TOUR, NHL and WNBA. For more information about the Have A Game Plan initiative and resources on responsible gambling, visit HaveAGamePlan.org.

 

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