Compliance Updates
Sweden’s Spelinspektionen Submits Match-fixing Regulations for EC Approval
Swedish gambling regulator Spelinspektionen has submitted new rules on match fixing to the country’s National Board of Trade, for the board to notify the European Commission of the changes, and has conducted an impact assessment of the rules.
The new rules would limit betting to the top four divisions of football. Also, betting on Swedish Cup would be limited to matches featuring teams from the top four tiers. Markets for matches involving foreign clubs would only be permitted when each participating team is from the top four tiers of each country’s footballing pyramid. Operators would only be able to take bets on international matches from under-21 level upwards.
Last month, when it announced the plans to ban betting on lower-league matches, Spelinspektionen also proposed banning betting on training matches or friendlies entirely, but opted to continue to allow international friendlies.
In addition, betting must not be offered in the event of a rule violation such as a yellow card or penalty in football, while betting must not be offered on individual performance of anyone under 18 years of age.
Also, licensees will be required to produce annual reports on potential match-fixing activity.
The new rules on match fixing can only take effect after the EU Commission has given its opinion, which takes just over three months. Spelinspektionen said the rules could come into effect no earlier than the end of 2020.
“Match fixing is considered as one of the biggest threats to sports today and as a result of this as well against betting and the companies that provide betting. There are, as far as can be judged, great risks in offering bets on games at low divisions in football,” Spelinspektionen said.
“Monitoring from both sports federations and the media is lower and the athletes do not make money and are thus more vulnerable. There is also a risk of athletes or whole associations coming in contact with match fixing at lower levels and then taking the problem up through the pyramid with any sporting success,” it added.
Spelinspektionen also said it was aware of the risk that the restrictions could apply in encouraging more players to play on unlicensed sites.
“The unlicensed gaming market is never further away than a click on your computer or phone,” it said.
Betsafe
Betsson Obtains Local Gaming Licenses in Peru
![betsson-obtains-local-gaming-licenses-in-peru](https://igamingradio.com/wp-content/uploads/2024/06/132603-betsson-obtains-local-gaming-licenses-in-peru.jpg)
A subsidiary of Betsson AB has obtained its first local licenses for the newly regulated market in Peru. The licenses cover online casino and sports betting for the Betsson and Betsafe brands. Further, licenses for the Inkabet brand are expected to be obtained soon.
Betsson began its Latin American venture already in 2008 and has since then positioned itself as the most recognised sports betting brand in Peru. In 2019, the Group further strengthened its position toward the country with the launch of its Betsafe brand. Two years later Inkabet, a Peruvian-facing sports betting and online casino business, was acquired.
Besides the new licenses, the Group holds licenses in two other key markets in the region, Colombia and Argentina. In Argentina, Betsson holds licenses in Buenos Aires City, Buenos Aires province, and Córdoba.
Pontus Lindwall, President and CEO of Betsson AB, said: “We have really looked forward to Peru introducing a local regulation and are very pleased with the issuing of these licenses. With this announcement, we affirm our commitment to the local economy and the new regulatory framework in the country.”
Australia
Kayo in Breach of Gambling Advertising Laws
![kayo-in-breach-of-gambling-advertising-laws](https://igamingradio.com/wp-content/uploads/2024/06/132595-kayo-in-breach-of-gambling-advertising-laws.jpg)
The Australian Communications and Media Authority (ACMA) has found that sports streaming service Kayo, provided by Hubbl Pty Limited (Hubbl), breached gambling advertising rules by presenting gambling advertisements during live sports events outside allowed times.
The ACMA investigated Hubbl following complaints from viewers relating to live streams of a number of sporting events on Kayo. Gambling advertisements must not be shown by online content providers during live sport events between 5 am and 8.30 pm, including in the five minutes before and after the event.
The ACMA’s investigations identified 16 different gambling advertisements were provided outside the allowed times across a total of 267 live sport events. Hubbl said that this was caused by a system error that affected viewers using iOS applications in a six week period over February and March 2023.
ACMA Authority member Carolyn Lidgerwood said the scale of the error as well as Hubbl’s failure to identify a system bug affecting the playout of gambling ads across a large number of live sport events was very concerning.
“Online streaming services as well as broadcasters all have a responsibility to put robust systems in place so that they adhere to these long-standing gambling advertising rules,” Ms Lidgerwood said.
“The rules are there to reduce viewer exposure to gambling ads, particularly for impressionable young audiences and those vulnerable to gambling harms. In this case Hubbl has let those viewers down.”
The ACMA has issued Hubbl with a remedial direction requiring it to arrange an external audit of its technical systems and processes, including the measures that it has implemented subsequent to the breaches.
If Hubbl fails to comply with the terms of the remedial direction it may be ordered by the Federal Court to pay penalties of up to $626,000 per day.
The post Kayo in Breach of Gambling Advertising Laws appeared first on European Gaming Industry News.
Compliance Updates
LiveG24 receives license to provide Live Games in Greece
![liveg24-receives-license-to-provide-live-games-in-greece](https://igamingradio.com/wp-content/uploads/2024/06/132525-liveg24-receives-license-to-provide-live-games-in-greece.jpg)
LiveG24 Ltd., a leading provider of live casino gaming solutions, is thrilled to announce that it has been officially licensed to offer its live games to the Greek market. This license, issued by the Hellenic Gaming Commission, allows LiveG24 to provide its premium live gaming services to all concessionaires holding valid Greek gaming licenses.
The certification marks a significant milestone for LiveG24 as it continues to expand its footprint in regulated markets across Europe. With this approval, Greek operators can now integrate LiveG24’s state-of-the-art live gaming suite, which includes a wide range of live dealer games such as Roulette, Blackjack, Baccarat, and other popular casino titles.
“We are incredibly proud to have achieved this new license from the Hellenic Gaming Commission,” said Angelo De Gobbi, COO of LiveG24 Ltd. “This approval is a testament to the quality and integrity of our live gaming solutions. We are excited to bring our immersive live gaming experience to Greek players and look forward to establishing strong partnerships with local operators.”
LiveG24 is renowned for its high-quality live streaming technology, professional dealers, and engaging user experience. The company’s live games are broadcasted in real-time from sophisticated studios in Malta, ensuring players enjoy a seamless and authentic casino atmosphere from the comfort of their own homes.
Greek operators can now leverage LiveG24’s innovative features and flexible integration options to enhance their gaming portfolios and provide their customers with a superior live gaming experience. The certification underscores LiveG24’s commitment to compliance and excellence in the regulated gaming industry.
The post LiveG24 receives license to provide Live Games in Greece appeared first on European Gaming Industry News.
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