iGaming Industry
UK government prepares fixed-odds betting terminals crackdown
The government has signalled that it is preparing to crackdown on FOBTs. But the extent to which the machines will be controlled is dividing the Treasury and the Department for Culture, Media and Sport.
Fixed odds betting terminals in the UK have been under scrutiny for quite some time now, with multiple reports of residents asking the government to come up with a plan to determine the future of gaming machines in the territory. Despite the claims, it is still uncertain how the machines will be controlled in the United Kingdom.
As the Observer revealed, the extent to which the FOBTs will be managed and colored is facing a hurdle as the Treasury and the Department for Culture, Media and Sport is divided on the subject. The news outlet has reportedly seen a letter from the chancellor Philip Hammond to the Bishop of St Albans, representing the church which believes that the machines have a devastating effect on gamblers and have been responsible of rising violence in some communities, The Guardian said.
The bishop wanted the chancellor to assure him that the review initiated by the DCMS will be published this fall. His intervention comes after a brief that the Treasury wasn’t sure if it wanted to cut the stakes. Nevertheless, Hammond was very adamant that the move was going to proceed: “Recent media reports on the status of the review of gaming machines and social responsibility measures are entirely without foundation. Both I and my department fully support DCMS’s work to ensure the UK’s gambling regime continues to balance the needs of vulnerable people, consumers who gamble responsibly, and those who work in this sector.”
The national idea is to limit gaming publicity and to reduce FOBTs maximum stakes from £100 to just £2 as the Gambling Commission published evidence that they could be harmful for players. Whilst the review was supposed to be released this summer, the date was pushed bak and the move was welcomed by opponents to the terminals as they believe that the long consultation process means that the government is getting ready to take action against FOBTs.
Last week, the national gambling regulator UKGC issued a record £7.8 million fine against 888 Holdings as it found serious failings in its handling of vulnerable customers. The regulatory body disclosed on its website that inadequacies were found in a investigation of 888’s self-exclusion procedures for customers and that “888 also failed to recognise visible signs of problem gambling behaviour displayed by an individual customer, which was so significant that it resulted in criminal activity.” The firm said that it concluded a voluntary regulatory settlement with the UKGC, which had found a technical failure in 888’s systems where more than 7000 customers who had chosen to be self-excluded from the platform were still able to access the accounts on the bingo platform.…
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Source: EEGaming.
Supremeland Gaming, the emerging brand in American iGaming, announced the approval of an interim Supplier License in West Virginia, further solidifying its position as a key player in the rapidly expanding iGaming industry. This milestone marks the company’s third approval following the successful acquisition of the first approvals in Pennsylvania and New Jersey.
Supremeland Gaming is approved to operate under this interim license and is now authorized to offer its cutting-edge innovation to the Mountain State.
Supremeland’s game portfolio has garnered international appeal since its debut in November 2023. The innovative brand promises cutting-edge slot play, combining immersive storytelling, state-of-the-art graphics, and impressive bonuses.
Rickard Öhrn, CEO of Supremeland Gaming, said: “The acquisition of our interim Supplier License in West Virginia is a pivotal step in our journey, reflecting on our dedication to delivering innovative experiences to a broader audience. As we expand our footprint, our commitment to excellence remains unwavering, and we look forward to contributing to the vibrant gaming landscape in the Mountain State.”
Supremeland is gaining traction for its emerging portfolio of top-notch games, including Red Panda Rising and the international debut title, Munition Mine, underscoring its commitment to pushing the boundaries of innovation in the iGaming industry.
Pragmatic Play, a leading content supplier to the iGaming industry, is continuing its momentum in the Latin American market, after signing an agreement to take its three biggest products live with Betsala.
The agreement will see Pragmatic Play’s full portfolio of award-winning Slot content go live, including recently released Slot titles Loki’s Riches and The Big Dawgs in addition to familiar player-favourites such as Sugar Rush and Gates of Olympus.
Betsala customers will soon gain access to Pragmatic Play’s Live Casino products upon integration being completed. The sector has been a focus for the provider over the previous 12 months with releases such as the dynamic Treasure Island game show which complements Pragmatic Play’s comprehensive range of casino classics such as Roulette, Mega Roulette, and Blackjack which are also available on the platform.
Completing the product offering is Pragmatic Play’s cutting-edge 3D renderings of popular sports such as horse and greyhound racing, football, and motorsports.
The latest LatAm development for Pragmatic Play sees it further boost its profile across the region where it has cemented its status as a leading supplier of casino experiences.
Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Proving LatAm is still a key source of growth, Pragmatic Play is delighted to now count Betsala as another valued partner in the region.
“Pragmatic Play’s three leading products will soon be on the platform, and we look forward to even more players discovering its robust and engaging offering.”
Albert Bellavista, CEO at Betsala, said: “Pragmatic Play has built a stellar reputation across Latin America for its high-quality experiences, and we welcome them as our latest partner to bolster our offering and provide more thrills than ever.
“Most iGaming enthusiasts worldwide are already familiar with Pragmatic Play’s titles and we know the upcoming addition of its content will come with a great response from our players.”
Pragmatic Play, a leading content supplier to the iGaming industry, is set to make another appearance at a Latin American summit, at SAGSE LATAM in Buenos Aires.
Taking place across two days from March 20th-21st, the event sees iGaming professionals gather at Buenos Aires’ Hilton Hotel for the 32nd edition of the iconic exhibition.
SAGSE LATAM marks the second summit attended by Pragmatic Play in Latin America in 2024, with its new immersive proposal Pragmatic Play Experience, after an extremely successful exhibition tour in 2023, which saw the provider make inroads across the continent and impress industry representatives.
The gaming provider will be at Stand 120 to showcase its diverse portfolio, including Slots, Live Casino, Virtual Sports and Bingo content, alongside its brand-new Sportsbook solution.
In addition, Pragmatic Play will be a platinum sponsor of the event, highlighting the importance of such industry exhibitions and the vital role the leading provider plays in them.
Victor Arias, VP of Latin American Operations at ARRISE powering Pragmatic Play, said: “Pragmatic Play is proud to be a platinum sponsor of SAGSE LATAM and to be influential in shaping the future of the Latin American iGaming market. With a comprehensive multi-product offerings and solutions, it is poised to capitalise on the immense opportunities that the region presents.
“With an exciting range of panel discussions and interactivities that the conference brings, it is set to be yet another momentous date in the LATAM gaming calendar.”
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