Compliance Updates
GiG awarded ISO 27001 re-certification on primary platform products and office locations
Gaming Innovation Group Inc. (GiG) has been awarded ISO 27001 re-certification for four of its primary products including its award-winning platform (PAM), frontend development & CMS solution, sportsbook and data platform. In addition, the company has also been awarded certification for its head office in Malta (GiG Beach), and its offices in Spain and Latvia offices.
ISO 27001 is one of the few standards which uses a top-down, risk-based approach to assessment and identifies the requirements and specifications for the most comprehensive information security management system (ISMS). In passing the re-certification audit this year, GiG will, subject to a yearly surveillance audit, remain certified for a further three years.
Regulatory bodies have started accepting ISO 27001 as an attestation to an organisation’s information security management system. This allows GiG to optimally and centrally evidence its dedication to information security, through its ISO 27001 certification for each platform product. In streamlining its regulatory compliance, GiG regains its teams more time to focus on further growing its product feature portfolio, adding more value to its partners and their players. In addition, having the certification in its office locations, allows GiG to smoothly onboard employees for its platform department in all three locations while firmly ensuring it’s not in breach of any of the conduct rules of the ISO certification.
Diane Abela, Director of Information Security at GiG, said “ At GiG we continue treating digital trust as a priority, holding our information security processes and controls to a very high standard. The ISO 27001 standard demands continuous improvement, year-on-year, and obtaining our re-certification for another 3 years reaffirms our continued improvement and investment in information security towards our partners and regulators. ”
Compliance Updates
The Danish Gambling Authority Will Have More Response Options with Amendment of the Gambling Act
On 2 May, the Danish Parliament adopted the Act on Amendment of Act on Gambling. Among other things, the amendment of the Gambling Act means that the Danish Gambling Authority from the 1st of July 2024 will have more response options i.e., options to issue orders and reprimands.
Until last month, the Danish Gambling Authority had the option to warn the licence holder or report it to the police when the Danish Gambling Authority found a breach of the gambling legislation.
However, in the future, when the Danish Gambling Authority finds a breach, the Danish Gambling Authority can issue an order and/or a reprimand. If the licence holder fails to comply with the order or does not meet the deadline, the breach may result in a report to the police or the licence may be revoked.
The amendment of the Act also means that the Danish Gambling Authority must publish court rulings where the outcome is a verdict of guilty or a partial verdict and fines issued for breaches found after 1 July 2024 on the Danish Gambling Authority’s website for five years.
On Spillemyndigheden.dk, you will find a full list of all reactions issued by the Danish Gambling Authority. You will find the list “Rulings and reactions” under “News” in the menu. The list enables you to filter by type of reaction and field of law.
The post The Danish Gambling Authority Will Have More Response Options with Amendment of the Gambling Act appeared first on European Gaming Industry News.
Edict egaming has received approval from the Alcohol and Gaming Commission of Ontario (AGCO) to provide its games for the online casino market in the Canadian province. This applies to both the German edict egaming GmbH and Edict Malta Limited. From now on, the Merkur Group subsidiary will be able to offer its popular Merkur slots in one of the largest North American markets.
“We are delighted to have received AGCO approval for our Merkur games in Ontario. This is definitely a big step for edict and we are very excited to showcase ourselves to new audiences on the global stage in this dynamic market,” Dominic-Daniel Liénard, CEO of edict egaming GmbH, said.
The AGCO is working with the Government of Ontario and iGaming Ontario (iGO) to establish a new online gaming market that helps protect consumers gambling through private gaming companies. This license certifies that edict operates within the framework of strict laws and meets the requirements for responsible gaming.
Compliance Updates
Malta Gaming Authority Reminds Licensees to Notify Material Outsourcing Within 30 Days
The Malta Gaming Authority (MGA) has issued a reminder to licensees regarding the necessary compliance procedures for outsourcing activities related to material supplies, critical supplies and key functions.
According to the Gaming Authorisations and Compliance Directive, licensees must adhere to the Policy for Outsourcing by Authorised Persons. Licensees are required to notify the MGA within 30 days when outsourcing material supplies.
For outsourcing activities deemed to be critical supplies or critical services, prior approval from the Authority is mandatory. This approval must be secured before entering into any agreements, MGA said in a statement.
Outsourcing requests should be submitted through the “Operational – Outsourcing Arrangements” application on the Licensee Portal. Key Function applications need to be submitted directly by the respective Key Person via the “Personal Portfolio” on the Licensee Portal.
Furthermore, if licensees require the MGA’s formal approval for any outsourced business arrangements with third parties, known as “Shared Conduct Agreements,” a specific procedure must be followed to obtain this approval.
The post Malta Gaming Authority Reminds Licensees to Notify Material Outsourcing Within 30 Days appeared first on European Gaming Industry News.
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