iGaming Industry
Kansspelautoriteit Lacks Power to Combat Illegal Gambling
The Dutch Gaming Authority, Kansspelautoriteit, in a written statement in relation to recent comments from local media, said that it needs greater power in order to be able to combat illegal gambling more effectively. The regulator further explained that it will have the necessary power only after the Dutch government passes a bill that would re-regulate the nation’s gambling industry.
Over the weekend, two Dutch media outlets – Trouw and Het Financieele Dagblad – criticized the current gambling status quo in the country, generally arguing that not enough has been done for the prevention of unlicensed operators from targeting local players.
It is also important to note that both newspapers pointed out in their separate articles that the majority of online gambling companies targeting local players were based in Malta. What is more, it has been revealed that a number of Dutch operators have established offices in Malta in preparation for the re-regulation of the Netherlands’ gambling industry.
Online gambling is practically illegal in the country at present and violators may face heavy fines in case they breach the existing regulations. However, the Trouw pointed out in its piece on the matter that Kansspelautoriteit does not have enough power to fine and punish those who dismiss the rules, even though some of them may be based in EU member states.
The regulatory body pointed out that while customer protection has remained its priority over the five years of its existence, it will only be able to deploy more effective tools when the new gambling law comes into force.
The Netherlands’ Re-Regulation Push
Dutch lawmakers have been working on the country’s new regulatory regime for several years now. And even though a bill that would allow for international operators to apply for licenses and operate in the country was passed by the House of Representatives, the lower house of the country’s parliament, it still has other hurdles to overcomebefore being adopted as a law.
The Dutch Senate will too have to vote the piece of legislation, but it is still unclear when this will happen. Last month, Kansspelautoriteit Vice President Henk Kesler said during an ESSA meeting in London that the Netherlands’ new gambling law could be expected in early 2019.
Information about the regulation of the gambling industry in the Netherlands is still limited, but it is believed that the new law will make it possible for international operators to service local gambling customers in a regulated environment. However, reports emerged earlier this year that rules may be implemented that would require for licensed operators to have physical presence in the country in order to be able to operate iGaming and betting services. Yet, many believe that such a provision will be broadly contested and not very likely to be introduced.
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Source: EEGaming.
Bradley Khoury
eCOGRA Approved to Operate in Arizona, Indiana and Panama
eCOGRA, a leading international authority in Testing, Inspection and Certification services for the iGaming industry, has secured new regulatory approvals across three key jurisdictions: Arizona, Indiana and Panama. With these developments, eCOGRA strengthens its position in the U.S. and Latin American markets, offering excellence in compliance through their Quality, Speed, and Service promise.
This strategic expansion allows eCOGRA to conduct independent compliance audits and certification services in each region, addressing the growing demand for rigorous regulatory oversight in the fast-evolving global iGaming industry.
Securing approval in Arizona, where eCOGRA has now been licensed as an Event Wagering Ancillary Supplier, enables the International Testing Laboratory (ITL) to audit event wagering licensees in line with Arizona’s expanding regulatory landscape. Indiana, which introduced online sports betting in September 2019, has authorised eCOGRA to perform regulatory compliance audits, providing licensed operators with crucial assurance in meeting the state’s high standards.
In Panama, the Board of Gaming Control officially recognised eCOGRA as an Authorised Entity for Compliance Certification, specifically for slot machines and gaming software. This endorsement reinforces eCOGRA’s role as a trusted partner for operators seeking to meet stringent regulatory requirements in Latin America’s emerging iGaming sector.
“Our recent approvals in Indiana, Arizona, and Panama underline our dedication to continually expand our offering, to support our growing portfolio of clients with their global growth plans. We are committed to ensuring that we bring the same quality, speed and service that marks us out to both our clients and regulators in these dynamic markets,” said Will Shuckburgh, Group CEO of eCOGRA.
Bradley Khoury, Chief Technology Officer at eCOGRA, said: “Securing licensure as an Event Wagering Ancillary Supplier in Arizona and an Authorised Entity in Panama underscores our dedication to supporting responsible and sustainable iGaming operations. We are committed to driving trust and accountability within the industry by providing compliance solutions that uphold the highest standards.”
BetConstruct
BetConstruct to Showcase Latest Innovations at G2E Las Vegas 2024
BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.
As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.
Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.
BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.
Amusnet
Amusnet Sets the Stage for Global Gaming Excellence at G2E Las Vegas
Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.
“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.
Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.
Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.
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