Compliance Updates
Dutch Gambling Ad Ban to Enter into Force by July 1
Franc Weerwind, the Dutch minister for legal protection, has pledged that the country’s ban on untargeted gambling ads will come into effect by July 1 at the latest. That’s the same date that neighbouring Belgium also plans to introduce a gambling ads ban.
Weerwind made the statement in a written response to parliamentary questions. Announced in July last year, the ban will initially cover all advertising on television, radio and in public places. Football sponsorship will be phased out by 2028.
The ban had been due to come in on January 1 but was delayed due to extended consultation. MPs had been calling for the ban because of the public response to the saturation of gambling adverts that followed the launch of the Netherlands’ online gambling market in October 2021.
Previously several MPs have called for the implementation of a “two strikes and you’re out” approach to operators who breach advertising rules, which would see operators’ licences revoked after a second breach. However, Weerwind argued that penalties must be “proportionate”.
He noted that the regulator, the KSA, may already issue binding instructions to operators as well as periodic penalty payments and fines.
He said: “This requires customisation and I think it’s important that the regulator has the scope to provide this customisation. A two-strikes-you’re-out model does not fit with that.”
He added: “I am committed to more information. In collaboration with the KSA and the ministry of health, welfare and sport (VWS), I am exploring how we can raise awareness of the risks of online games of chance among young people.
“In order to not encourage this group to participate, I look at targeted activities that are also largely intended for the environment of young people, such as teachers and parents. I am in discussion with various parties about this, including addiction experts and experts in the field of financial health.”
Brazil
EGT Digital is a licensed software provider for Brazil
EGT Digital is proud to announce that it has obtained a licence that allows it to provide its software products in Brazil. The Bulgarian provider was certified by the regulator Secretariat of Prizes and Bets (SPA) and can now offer local operators its rich portfolio of gaming solutions, containing over 120 in-house developed casino titles and the 4 top-performing jackpots Bell Link, High Cash, Clover Chance, and Single Progressive Jackpot.
Tsvetomira Drumeva, Head of Sales at EGT Digital, shared her excitement regarding the authorization: “We are delighted to have the opportunity to present our gaming content to the Brazilian market. Our slots are available to domestic players, ready to captivate them with their numerous fascinating features and provide an unforgettable experience, fully tailored to their tastes and preferences.”
The post EGT Digital is a licensed software provider for Brazil appeared first on Gaming and Gambling Industry in the Americas.
ADG
Arizona Department of Gaming Releases October Sports Betting Figures
Bettors in Arizona wagered approximately $791 million on sports in October of 2024, according to a new report by the Arizona Department of Gaming. This represents an approximate 22% increase when compared to October of 2023.
The state collected approximately $2.35 million in privilege fees in the month.
The post Arizona Department of Gaming Releases October Sports Betting Figures appeared first on Gaming and Gambling Industry in the Americas.
Compliance Updates
7777 gaming secures certification for first set of games in Peru
7777 gaming has successfully certified 20 of its most popular games for the Peruvian market, aligning with recent legislative updates to enhance and regulate the local gaming environment. The recent developments are a logical step forward in the Peruvian market after securing a supplier license from the Peruvian Ministry of Foreign Trade and Tourism (MINCETUR) earlier last year.
“Peru is a dynamic and fast-growing market, and we’re thrilled to bring our unique games to players across the region. This is an exciting opportunity to establish long-lasting partnerships with local operators and elevate the Peruvian gaming experience.”, said Zhana Aleksandrova, Business Development Manager for Spain & Latin America at 7777 gaming.
Operating fully in compliance with Peruvian regulations under the entity Gaming Innovation OOD, and registered under license number PSV0208, 7777 gaming is set to introduce its portfolio of engaging and diverse online casino games to the Peruvian market. These include fan-favorite titles such as Crazy 100 Bucks, Barbarian, Candy Anyways, Devil’s Deal Soul for Sale, Club Mr. Luck, and many more. Known for their captivating visuals, immersive gameplay, and unique features, these games have already resonated with players in various international markets.
The 20 newly certified games on the market allow 7777 gaming to be live on the leading online operators in Peru and further strengthen its position as one of the most prominent online casino providers in Latin America.
About 7777 gaming:
7777 gaming is an innovative and data-driven B2B igaming provider, founded in 2020 with the mission to revolutionize and challenge the status quo in the industry by offering 360-degree platform, state-of-the-art online casino games, iLottery, Jackpot, and marketing solutions, draw-based games, scratch cards, and much more.
The product is built by a dedicated team of visionaries with over 20 years of experience. The games and the RNG are tested and compliant in several highly regulated jurisdictions worldwide. Besides, the company achieved and maintained ISO 27001 certification. 7777 gaming holds a gambling license in Bulgaria and Romania and an MGA Certificate to provide its online casino games to these markets.
7777 gaming is already partnering with the leading aggregators and platform providers in the igaming industry.
The post 7777 gaming secures certification for first set of games in Peru appeared first on European Gaming Industry News.
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