Connect with us
European Gaming Congress 2024

Latest News

Gibraltar to host first Ethical Gambling Forum

Published

on

Reading Time: 2 minutes

 

Gibraltar will play host to the World’s first Ethical Gambling Forum on 18th & 19th May on the Sunborn Yacht Hotel.

Aimed at those who work in or support the industry, this year’s theme is “Ethical Behaviours in Times of Change: Meeting the Environment, Social & Governance (“ESG”) Agenda 2022”. The organisers aim to highlight Gibraltar as a highly-regulated gaming and gambling jurisdiction, showcasing both local and international talent.

Supported by the Gibraltar Gambling Commission and the Gibraltar Betting & Gaming Association, keynote speakers include Joel O’Loughlin, ESG Foundation, Martin Lycka, SVP for Regulatory Affairs and Responsible Gaming at Entain and Dr. Michael Auer, Data Scientist, Psychologist and Gambling Researcher, Maris Catania, Head of Responsible Gaming & Research at Kindred and Prof Daniella Tilbury, Gibraltar’s Commissioner for Sustainable Development. Many others will be involved on various panels where current, ethical challenges will be discussed. Local panellists include Andrew Lyman, Gambling Commissioner, Christina Guiffre, Head of Product and Diversity & Inclusion Lead at Lottoland, Andrew Montegriffo, Partner at Hassans, Leah Carnegie, CPO at Lottoland and Paul Foster of Crucial Compliance and the GBGA.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Key themes include:

  1. How you manage your environmental impact to have a positive influence on the planet which your stakeholders, regulators and customers will love.

  1. Values-based approach to your work to foster your people, culture, and products to have positive social impact in communities in which you work and society at large.

  1. Strengthen your corporate governance work, particularly around safer gambling and ESG Reporting.

Nigel Birrell, CEO of Lottoland commented: “We are pleased to be the primary sponsor of Gibraltar’s first industry-wide gaming and gambling conference. ESG is central to not only how we operate externally but also how we behave and engage with our people. We are looking forward to hearing what other industry experts are doing in this field and also sharing the journey that we have been on.” Other sponsors and exhibitors include Hassans, Gibtelecom, Crucial Compliance, nChain and RiskScreen.

The event is already gathering broad interest and, with gambling conferences taking place regularly around the World, the Ethical Gambling Forum hopes to put Gibraltar on the conference map, along with the well established KPMG e-Gaming Summit.

Further details and the conference agenda is available on www.egf.events and tickets are priced at £175 for both days or £99 for one day, including lunch and refreshments.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading
Advertisement

Latest News

Pennsylvania Gaming Control Board Releases Annual Report

Published

on

pennsylvania-gaming-control-board-releases-annual-report

 

The Pennsylvania Gaming Control Board (“PGCB”) has released the 18th edition of its Annual Report.

The PGCB’s 2023-2024 Annual Report provides detail on the work of the agency in regulating the Commonwealth’s gaming industry, and also includes:

  • individual revenue figures during another record-setting fiscal year for slot machines, table games, sports wagering, internet gaming, fantasy sports contests and video gaming terminals at eligible truck stops;
  • a year in review report with pertinent statistical figures from the PGCB’s key bureaus;
  • information on the PGCB’s efforts to stop adults from gambling while leaving minors unattended; and,
  • a section on problem gambling and the PGCB’s Self-Exclusion Program.

The PGCB was established in 2004 through the passage of the Pennsylvania Race Horse Development and Gaming Act. Since then, it has become one of the pre-eminent gaming regulators in the world overseeing all aspects of gambling in the Commonwealth. Currently, the number of outlets for the various types of gaming regulated by the PGCB are:

  • 17 land-based casinos;
  • 18 retail sports wagering locations;
  • 12 online sports wagering sites;
  • 22 sites for online casino-type games (slot machines, table games, poker);
  • 74 truck stop establishments with Video Gaming Terminals (VGTs); and,
  • 9 online fantasy sports contest sites.

In addition to supporting nearly 16,000 jobs at casinos, overall gaming revenue reached a record high during the fiscal year generating $5.89 billion and resulting in $2.54 billion in tax revenue.

The 2023-2024 Annual Report can be downloaded as a PDF document by choosing Organization Reports under the About PGCB tab on the agency’s website.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Latest News

Allwyn International a.s. relocates to Switzerland

Published

on

allwyn-international-as.-relocates-to-switzerland
Reading Time: < 1 minute

 

Allwyn, a leading multi-national lottery operator headquartered in Switzerland, announced that the Allwyn entity Allwyn International a.s. (“AIAS”) has relocated from the Czech Republic to Switzerland. Effective 1 October 2024, AIAS has become a Swiss entity (under the new legal name Allwyn International AG) and has transferred its place of business to Switzerland.

As of the date of relocation, the €500 million 3.875% senior secured notes due 2027 (the “2027 Notes”) originally issued by AIAS have been transferred to Allwyn Entertainment Financing (UK) Plc, as substituting issuer. Allwyn Entertainment Financing (UK) plc is the issuer and borrower of certain other Allwyn bonds and loans. AIAS has become a guarantor of the 2027 Notes, which continue to be guaranteed and collateralised pari passu with other indebtedness under Allwyn’s intercreditor agreement dated 16 December 2020.

The relocation has no effect on Allwyn’s workforce or lotteries and gaming operations in the Czech Republic.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The post Allwyn International a.s. relocates to Switzerland appeared first on European Gaming Industry News.

Continue Reading

eSports

Oddin.gg Breaks New Ground as Ohio Marks its 5th North American Betting License

Published

on

oddin.gg-breaks-new-ground-as-ohio-marks-its-5th-north-american-betting-license

 

Oddin.gg is proud to announce that it has secured a full 3-year sports betting license in Ohio, further strengthening its standing as the esports betting solutions provider with the most licenses in North America. With this latest addition, Oddin.gg now holds four US licenses—New Jersey, Colorado, West Virginia, and Ohio—and a total of five across North America, including Ontario, Canada.

The Ohio license is a strategic milestone, as the state is set to become one of the most active betting markets in the American Midwest. According to projections from the Ohio Legislative Service Commission, the state’s sports gaming market is expected to reach approximately $3.35 billion annually as it matures. By securing this license, Oddin.gg is well-positioned to support operators in tapping into this significant potential.

Obtaining the Ohio license also demonstrates Oddin.gg’s ability to meet the state’s comprehensive regulatory standards, which include arduous assessments of financial stability, operational integrity, and adherence to state laws. This achievement reinforces Oddin.gg’s reputation for compliance and reliability, enhancing its capability to deliver full-service esports betting solutions tailored to a growing market.

Ohio’s sports betting legislation imposes a 10% tax on sports gaming receipts, contributing to public education and initiatives supporting veterans in the state. Oddin.gg’s entry into this regulated environment reinforces its role as a leader in shaping the future of esports betting in the US while offering operators a pathway to engage with a new generation of bettors in a secure and exciting way.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Vlastimil Venclík, CEO of Oddin.gg, shared his enthusiasm about the news: “Securing a license from the Ohio Casino Control Commission is a significant step in our North American journey. Ohio is poised to become one of the most dynamic betting markets in the US, and gaining this
approval aer meeting the state’s rigorous standards is a true reflection of our commitment to integrity and excellence both in Ohio and beyond. However, this license isn’t just about expanding our reach; it’s about ensuring our partners have access to market-leading esports betting solutions that fully align with all local regulatory requirements.”

He continued, “Ohio’s market is gearing up to be something special, and we’re excited to help operators tap into that potential. As esports betting continues to evolve, Oddin.gg is ready to provide the expertise, technology, and support to make sure our partners succeed.

Continue Reading

Trending