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European Gaming Congress 2024
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Compliance Updates

Update of the Danish Gambling Authority’s Anti-Money Laundering Guidance

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The Danish Gambling Authority has published a revised version of the Danish Gambling Authority’s Guidance on the Prevention of Money Laundering and Financing of Terrorism (the Anti-Money Laundering Guidance).

The guidance is aimed at gambling operators, their employees and other relevant stakeholders. The guidance is a supplement to the Danish Financial Supervisory Authority’s Guidance on the Act on Preventive Measures against Money Laundering and Financing of Terrorism.

The guidance has been circulated for consultation with a number of external stakeholders prior to publication.

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Linguistic adjustments have been made throughout the Anti-Money Laundering Guidance as well as substantive changes in particular in section 3 on risk assessment, section 4 on policies, procedures and controls and section 6 on customer due diligence procedures. With the update, more examples have been added to illustrate the rules better.

The updated Anti-Money Laundering Guidance contains a version history where it is possible to familiarise yourself with the changes in the specific sections.

The consultation has resulted in the Danish Gambling Authority preparing a new guidance on the Danish Gambling Authority’s AML Inspections. The content of the Guidance on AML Inspections is not new, as it contains information that previously appeared in the Anti-Money Laundering Guidance. The Guidance on AML Inspections contain information on the Danish Gambling Authority’s inspection, including the possibilities for reaction and confidentiality. With Guidance on AML Inspections, the Danish Gambling Authority’s tasks have thus been separated from the obligations that gambling operators must fulfil under the Anti-Money Laundering Act.

The Anti-Money Laundering Guidance will be updated on an ongoing basis in line with changes to the Anti-Money Laundering Act, when new national risk assessments are published and in cases of new or changed practice.

Each update will be announced on the website, and the version number on the front page of the guidance will be adjusted so that it is visible that a new version has been released.

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The Anti-Money Laundering Guidance and the Guidance on the Danish Gambling Authority’s AML Inspections are available via the menu “Businesses and Associations”, “Prevention of Money Laundering” and “Guidances”.

The post Update of the Danish Gambling Authority’s Anti-Money Laundering Guidance appeared first on European Gaming Industry News.

Compliance Updates

REEVO Secures Swiss Market Certification – Expanding Opportunities for Leading Brands!

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REEVO, the leading B2B games content and aggregation platform, is thrilled to announce that we’ve officially been granted certification to offer our in-house games to top-tier brands targeting the Swiss market!

This exciting milestone unlocks new possibilities for partners looking to captivate their players with our cutting-edge portfolio. From visually stunning slots to innovative game mechanics, REEVO’s games are designed to deliver engaging, high-performance experiences across all devices.

With a proven track record of success, our games are not just built to entertain—they’re built to drive results.

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  • Certified for Switzerland: Expand your offerings in a lucrative market with certified, compliant games.
  • High-Performance Content: A diverse range of in-house slots, designed to capture player attention and deliver results.
  • Seamless Integration: REEVO’s platform ensures quick and efficient deployment for uninterrupted player experiences.

Now is the perfect time to elevate your game portfolio with REEVO’s certified content!

The post REEVO Secures Swiss Market Certification – Expanding Opportunities for Leading Brands! appeared first on European Gaming Industry News.

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Compliance Updates

Vixio Supports NCPG in Groundbreaking Responsible Gambling Review of US Sports Betting Regulations

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A first-of-its-kind comparative analysis state-by-state, the report evaluates states’ regulations against NCPG standards

Vixio, a leading provider of regulatory intelligence solutions and research services, is proud to support the National Council on Problem Gambling (NCPG) by producing a groundbreaking research report that cross-references states’ online sports betting regulations against NCPG’s Internet Responsible Gambling Standards (IRGS).

The new report involved a thorough analysis of the applicable laws, regulations and standards of every U.S. state with legal mobile sports betting in order to assess how closely their formal regulatory requirements align with the independent best practices recommended by the IRGS.

Keith Whyte, NCPG Executive Director, explains, “Partnering with Vixio Regulatory Intelligence on this landmark evaluation allowed for NCPG to highlight both the progress made and the critical gaps that remain in the alignment of state sports betting regulations with NCPG’s player protection standards. The report offers a comprehensive framework for states seeking to improve consumer safeguards and promote responsible gambling.”

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Vixio Chief Analyst James Kilsby joined NCPG experts for a webinar to digest the report on September 24. Kislby will also be moderating a panel at G2E Vegas on U.S. sports betting’s ever-changing regulatory landscape.

“At Vixio Regulatory Intelligence, we are committed to providing independent, data-driven insights and research that help regulators and policymakers make informed decisions,” Kilsby said. “We’re proud to partner with the National Council on Problem Gambling to drive positive regulatory changes and ensure player protection remains a top priority in this evolving industry.”

The report analysed jurisdictions that offered legal mobile sports wagering as of June 2024, comprising 30 different states and the District of Columbia.

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Compliance Updates

PIN-UP Global Intends to License the Platform for the Peruvian iGaming Market

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As required by Peruvian law, international iGaming holding company PIN-UP Global intends to license its software and find a partner company.

In the context of changes in the regulation of the iGaming market in Peru, PIN-UP Global initiated the process of licensing its products and searching for licensed partners, notifying the government authorities. For the period it will take to enter the Peruvian market under the new legislation with a future partner, the holding company officially prohibits the use of PIN-UP products and brand in the region.

For the holding company, this is a consistent continuation of its journey into the B2B market, which opens up new opportunities for partnerships and will allow to provide a better user experience with PIN-UP platforms. The main objective of the holding company is to conduct efficient and transparent operations in all markets, relying on the legislation of each jurisdiction.

Recall that earlier PIN-UP Global updated the list of countries in which the use of the brand and its products is prohibited. PIN-UP as the leader of the iGaming market makes such strategic decisions taking care of its reputation and complying with the principles of responsible gaming.

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