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Prague Gaming & TECH Summit 2024

Compliance Updates

FansUnite Entertainment Applies for U.K. Gambling Licenses

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The licenses will enable FansUnite to serve as a B2C gambling operator and a B2B technology provider in the U.K. marketplace

FansUnite Entertainment Inc. announced that its subsidiaries, Askott Entertainment (Malta) Limited and E.G.G. Ltd., have filed applications for both Business-toBusiness (“B2B”) and Business-to-Consumer (“B2C”) gambling licenses, respectively with the U.K. Gambling Commission (“Gambling Commission”).

The U.K. Gambling Commission was set up under the Gambling Act 2005 to regulate commercial gambling in Great Britain in partnership with licensing authorities.

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As part of FansUnite’s expansion strategy, the Company has applied for a remote gambling software license, which will unlock its suite of betting products to operators in the U.K. online gambling market. In addition, EGG Ltd. has applied for a remote betting license which will permit it to deploy its B2C wagering platforms in the United Kingdom.

These applications represent a critical step for FansUnite to expand its operations to the U.K., a jurisdiction that is considered to be one of the largest gambling markets in the world.

“The U.K. gambling licenses are widely regarded as the gold standard for lawful gaming operations and we are pleased to have formally submitted our application with the commission,” said Scott Burton, Chief Executive Officer of FansUnite. “The first step to our expansion in the U.K. is to obtain the relevant licenses from the country’s Gambling Commission, which will allow us to license our betting solutions as well as operate our B2C betting platforms in the United Kingdom. By doing so, we will be in a position to advance our operations to capture market share in one of the most lucrative online betting markets in the world.”

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ADG

Arizona Department of Gaming Announces Allocation for Event Wagering License

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The Arizona Department of Gaming (ADG) announced today that it has allocated an event wagering operator license to Fanatics Betting and Gaming as the designee for Tonto Apache Sports Betting, an organization of the Tonto Apache Tribe, pursuant to A.R.S. § 5-1304 and A.A.C. R19-4-105 and 106.

On January 16, 2024, ADG announced that it would begin accepting applications for available event wagering licenses, which included one event wagering license reserved for Arizona Tribes and no less than one event wagering license reserved for Arizona Sports Franchises, as defined in A.R.S. § 5-1301(7).

The application window for event wagering licenses opened on February 16, 2024, and closed on March 4, 2024. Applicants were required to submit their completed applications within this timeframe in order to have been considered for an event wagering license.

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Compliance Updates

ITIA: Croatian Official Suspended from Tennis

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The International Tennis Integrity Agency (ITIA) confirmed that Croatian tennis official Marko Stojanovic has been suspended from the sport for five years and six months after admitting to breaches of the Tennis Anti-Corruption Programme (TACP).

Stojanovic, a national-level official, admitted to 15 breaches of the TACP, including manipulating data from matches in which they were an official to facilitate betting.

Stojanovic, who is accredited at national level and has officiated at ITF tournaments, co-operated fully with the ITIA investigation and accepted an agreed sanction, waiving their right to a hearing before an independent Anti-Corruption Hearing Officer. Stojanovic has also been fined $25,000, of which $18,750 is suspended.

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The official’s agreed sanction began on 19 February 2024 and will end at midnight on 18 August 2029.

During the suspension, Stojanovic is prohibited from officiating at, or attending any tennis event authorised or sanctioned by the members of the ITIA (ATP, ITF, WTA, Tennis Australia, Fédération Française de Tennis, Wimbledon and USTA).

The ITIA is an independent body established by its tennis members to promote, encourage, enhance and safeguard the integrity of professional tennis worldwide.

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California

California Gambling Control Commission: A Glimpse into the Upcoming Decisions on Cardroom Licensing

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The California Gambling Control Commission (CGCC) is set to hold a pivotal meeting on March 21, 2024, where key decisions regarding the future of several cardrooms within the state are on the agenda. This meeting underscores the Commission’s role in overseeing the state’s gambling establishments, ensuring compliance with regulations, and fostering a fair and transparent gaming environment. Here’s what stakeholders can expect:

Capitol Casino’s Licensing Future
Capitol Casino, a renowned name in the gambling sector, is up for the renewal of its cardroom owner type license. The Commission is presented with two options: to approve the renewal applications through March 31, 2026, or grant a 90-day extension through June 30, 2024. Commission staff recommend the latter, suggesting a cautious approach towards the renewal process.

Spotlight on Lucky Chances Casino
Lucky Chances Casino faces a critical juncture with its license renewal application. The Commission contemplates referring the applications to an evidentiary hearing, proposing an interim renewal license through September 30, 2025. This decision comes with stringent conditions aimed at preventing Rene Medina, a figure associated with the casino, from patronizing certain areas of the property, among other regulatory stipulations.

Oceana Cardroom’s Path Forward
LEB Holdings’ Oceana Cardroom is recommended for license renewal through March 31, 2026, with specific conditions regarding operational compliance. Before opening for business, the cardroom is required to undergo an inspection by the Bureau of Gambling Control and fulfill various regulatory requirements, ensuring a safe and compliant gaming environment.

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Decisions on Parkwest Bicycle Casino
Parkwest Bicycle Casino’s licensing outcome hangs in balance, with two options under consideration. The crux of the decision revolves around the permissibility of contractual relationships with Fortiss, LLC, and TPPPS providers. The staff recommendation leans towards option two, which includes applying for and maintaining a cardroom business license for Fortiss, LLC, should the administrative hearing find the current arrangements non-compliant.

Renewal Application for Rogelio’s
Rogelio’s Inc. seeks renewal through March 31, 2026, with conditions focusing on regulatory compliance before operations commence. This includes submitting a fully completed business entity supplemental information form and adhering to relocation, safety, security, and emergency plan requirements.

Seven Mile Casino and Westlane Card Room
Seven Mile Casino and Westlane Card Room face critical evaluations with recommended options leading towards evidentiary hearings or temporary licensing extensions. These decisions reflect the Commission’s commitment to upholding regulatory standards while ensuring fair consideration of each establishment’s circumstances.

This meeting is a testament to the dynamic nature of California’s gambling landscape, highlighting the Commission’s dedication to transparency, regulatory compliance, and the well-being of the gambling community. Stakeholders and the public await the outcomes, anticipating the impacts on the state’s gambling establishments and the broader gaming environment.

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