Compliance Updates
Ukraine to Pass Bill Amending Gambling Taxes by November 10
Victoria Zakrevska, Deputy Chair of the All-Ukrainian Gambling Council (UGC) for Communications, has summed up the results of the international gambling summit held by SBC in Kyiv in October.
The event demonstrated the high interest of foreign operators and investors in Ukraine. In total, the SBC Summit CIS focused on three topics:
Taxation
According to Boris Baum, the bill № 2713-d will be passed by November 10. This will be able to create a better tax environment for foreign operators to apply for licenses in the first quarter of 2022.
Regulations
The business representatives were able to discuss such topics as licensing, the requirements for gambling establishments, gambling advertising, and identification of the player with representatives of KRAIL and other government regulators.
Principles of Responsible Gaming
Principles of responsible gaming, which in one way or another became the topic of profile discussions. The business shared its experience in implementing solutions and technologies that are designed to combat addiction and prevent problem gambling.
UGC event has also hosted four panel discussions; a number of meetings were held with representatives of foreign operators, which revealed the need for consultations on entering the Ukrainian market. Also, 11 licensees signed a memorandum on gambling advertising during the summit.
India’s competition oversight body has ordered a probe into Google over its policies for real-money games on its platform
The investigation comes after a complaint by online gaming group WinZO that called Google’s policies restrictive.
WinZO contacted India’s Competition Commission (CCI) back in 2022, after it was excluded from Google’s Play Store, despite some of its competitors being allowed.
Google’s policy had allowed for real-money games which include rummy and fantasy sports but the company was rejected for carrying games in other categories that Google did not accept – including car racing, puzzles and Indian carrom.
“By granting preferential treatment to select app categories, Google effectively creates a two-tier market where some developers are accorded superior access and visibility while others are discriminated against and thus, left with a competitive disadvantage,” indicates a letter from the CCI.
The post India Investigates Google Over Policies for Real-money Games appeared first on European Gaming Industry News.
Marcus Boyle has announced his decision to step down as Chair of the Gambling Commission, with his term set to conclude on 31 January 2025.
Over the past three years, he has led the Commission through a period of change in the industry and regulatory landscape.
During his tenure, the Commission reached several key milestones, including the awarding and launch of the fourth National Lottery licence, which has driven funds raised for good causes to exceed £50 billion. He has also overseen the ongoing implementation of the Gambling Act Review and White Paper aimed at reducing gambling harm, as well as the recruitment of a whole new Board of Commissioners.
In April 2024, the Commission published a comprehensive three-year strategy outlining planned advancements through 2027, focusing on transparency and data use. With the strategy now in motion, Marcus leaves the Commission in a strong position and with a clearly defined path forward.
The Board of Commissioners and colleagues at the Gambling Commission have expressed their gratitude for Marcus’s leadership, dedication, and contributions over the past three years, wishing him well for the future.
The Minister for Gambling, Baroness Twycross, said: “The past three years have been very significant for the Commission, as it takes forward measures set out in the Gambling Act Review and the start of the fourth National Lottery licence.
“I am grateful for Marcus’s hard work and commitment to the Gambling Commission and public service over his tenure and wish him the best for his future endeavours.”
The post Marcus Boyle to Step Down as Chair of Gambling Commission appeared first on European Gaming Industry News.
Popular iGaming content provider BGaming has secured a highly sought-after licence in Peru, marking a significant milestone in its expansion across LatAm.
BGaming’s technical system of gaming software and its engaging portfolio have been officially approved by the gambling regulator Mincetur, a national administrative authority which implements and oversees all aspects of online gaming and sports betting in Peru. By receiving the B2B certification, BGaming broadens its appeal with local licenced operators in the newly regulated market.
The licence also opens up more opportunities for BGaming to expand its business and strengthen its position in the wider LatAm region, where it has enjoyed significant attention in the last 12 months.
Marina Ostrovtsova, CEO at BGaming, said: “Securing the Peru licence marks a pivotal moment in BGaming’s global expansion. This certification not only strengthens our presence in Latin America but also underscores our commitment to bringing high-quality, immersive gaming experiences to new audiences.
“We are excited about the opportunities this will unlock, both in terms of growth and the reception of our slots in this new market.”
BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,600+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 150+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.
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