Compliance Updates
Romania’s PM Announces “Gambling Reform” – Companies That Do Not Have Their Tax Headquarters in Romania Banned
No company will be able to operate in the field of gambling if it does not have its tax headquarters in Romania, a project in this regard was introduced in meeting of the Government, Prime Minister Marcel Ciolacu said on Monday, who gave the example of companies with headquarters “through Transnistria”. He accused that during the pandemic “the gambling mafia was at the Government’s table”: “Slots were open all over Romania, while churches and hospitals were closed”.
At the beginning of the government meeting, Ciolacu said that an emergency ordinance in this regard will be introduced in the meeting of the Executive.
“I will also move forward on gambling regulations. I have no problem with the threats from the slot industry, and on Thursday we will issue an emergency ordinance by which all operators will be obliged to have their tax headquarters in Romania,” stated Ciolacu.
He said that the law in the Parliament, which provides for the removal of gambling halls outside the localities, will enter a regime of rapid adoption.
“I am convinced that the state authorities will shed light on how these intermediaries want to pressure certain politicians to make decisions in favor of this industry, as has happened in the past. As they did during the pandemic, when the gambling mafia was at the Government’s table. Slots were open all over Romania, while churches and hospitals were closed,” said Ciolacu.
PM Ciolacu made these statements at the “Carol Davila” University of Medicine and Pharmacy, where he went to the opening of the academic year, he said then that the ban will be applied to companies that do not have their headquarters in Romania: “In the meeting from Thursday I will come with the gambling reform. No company, if it does not have its headquarters in Romania, will no longer be able to have this activity on the territory of Romania”.
Marcel Ciolacu accused on Saturday that there is “a form of blackmail” against him, as well as other officials of the Romanian state, after he proposed the draft law that removes the gambling halls outside the localities. “In my capacity as prime minister, I request the Romanian state to see if we are talking about a violation of the law and blackmail or just a random phenomenon,” added the PSD leader.
The bill that takes gambling halls out of towns was passed in early September by senators. According to the legislative initiative, the license for gambling is granted depending on the number of inhabitants of the locality, proven by a certificate issued by the local public administration authority, so that there is at most one workplace per 20,000 inhabitants.
The draft law aims to amend GEO 77/2009, being initiated by a group of MPs from the PSD and stipulates that the space dedicated to gambling is located no more than 50 meters from the territorial limit of the city/municipality or commune, including the municipality Bucharest.
All betting agencies, casinos or slot machines are targeted, with the exception of Lottery agencies for the sale of their own products. The draft law will go to the Chamber of Deputies, the decision-making body in this case.
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.
SOFTSWISS, a leading software supplier for the iGaming industry, announces its successful South African certification. The company has secured a Letter of Certification (LoC) from the National Regulator for Compulsory Specifications (NRCS) for its Casino Platform and Sportsbook, now certified under the South African B2B manufacture licence.
This licence was initially obtained by Turfsport, a seasoned South African software supplier with 35 years of industry experience. Earlier this year, SOFTSWISS strategically acquired a major stake in Turfsport, aligning their product portfolios. With this certification, SOFTSWISS expands its offerings in the burgeoning South African market.
Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, comments: “South Africa will be one of the key markets for SOFTSWISS in the coming years. It has immense potential, driven by increasing internet penetration, lower mobile internet costs, and affordable mobile devices. Additionally, the local audience shows a strong interest in gambling, which further supports our decision to expand here.”
According to the InfoQuest survey, sports betting is the most common form of gambling in South Africa, with people placing bets on sports about 12 times a month on average. Casino gambling and horse betting are most popular on weekends, while lottery and online betting happen throughout the week because they are easily accessible online. The survey also reveals that the average gambler engages in three different types of gambling multiple times a month, underscoring the significant role of gambling in South African society.
The recently published SOFTSWISS South African market review highlights a growing interest in esports and fantasy sports, particularly among younger, tech-savvy demographics. Statista reports that 51% of South African survey participants are interested in esports betting, while the National Gambling Board (NGB) notes that 39% are inclined towards fantasy sports betting, especially in popular sports like soccer, cricket, and rugby. These trends align with global patterns and suggest a promising future for these sectors in the region.
The comprehensive SOFTSWISS South African market review is available for free and offers valuable insights into these emerging trends.
About SOFTSWISS
SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform, and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.
The post SOFTSWISS Expands in South Africa with New Certifications appeared first on European Gaming Industry News.
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