UKGC outlines tougher sanctions for betting operators

first_img Spillemyndigheden reports decline in Q2 betting August 25, 2020 StumbleUpon Submit Coming into force on 31 October 2018, the UK Gambling Commission (UKGC) has outlined that strengthened sanctions against gambling companies that break advertising rules or breach consumer law. The new regulations come after the UKGC went through an open consultation period and are the latest step as the industry trade body looks to implement its vision for the market, with it aiming to further empower customers to make informed choices when it comes to the gambling industry, as well as enhancing their freedom to enjoy gambling and to feel confident that they will be treated fairly.As part of the new laws, gambling operators will face increased and quicker sanctions over adverts that breach advertising regulations. Additionally, the Commission has emphasised that it will improve the complaints process for consumers, cutting down on spam promotions that are sent from operators to customers. Neil McArthur, Gambling Commission Chief Executive, stated: “Protecting the interests of consumers is a priority for us and needs to be a priority for gambling operators. These changes will protect consumers from irresponsible advertising and misleading promotions, ensure that they can withdraw their money more easily, and will mean that firms have to deal with complaints more swiftly.”The UKGC has also detailed that it will continue to sanction operators for adverts put out by affiliates, an issue that continues to plague the rulings of the Advertising Standards Association, a group that the UKGC says it will continue to work with. It has also revealed it will continue its strong relationship with The Competition and Markets Authority to tackle concerns around unfair terms and misleading practices in the gambling industry. Moving forward it is aiming to strengthen the sanctions with regards to operators not following the rules on changes to customer contracts and unfair commercial practices at any stage of a customer relationship. Successful summer leaves Leadstar positive over industry’s recovery August 18, 2020 Related Articles Share maintains momentum against COVID-19 impacts August 19, 2020 Sharelast_img read more

Betsson Group awarded ISO 27001:2013 certification

first_img Submit Betsson rolls out new Group Affiliates site August 7, 2020 Share Share Related Articles StumbleUpon Betsson teams up with Banach for football Flash Markets launch July 24, 2020 Betsson strengthens diversity commitment with AIDP membership May 7, 2020 In recognition of its commitment to ensuring a high standard of data security across its online platforms, Betsson Group has been accredited with the ISO 27001:2013 certification.The certification, which is regarded as the international standard for implementing an Information Security Management System (ISMS), will form part of Betsson Group’s future strategies to pursue new gaming licences. Jesper Svensson, CEO for Betsson Operations, commented on the accreditation: “This accreditation affirms our ongoing vigilance for protecting our customers’ and clients’ data and that all our processes across the organisation meet or exceed the ISO standards. “I am proud of the many talented people at Betsson Group who work around the clock in providing a secure and reliable service to our customers, for achieving this recognition.”The ISO 27001:2013 certification was issued following a company-wide audit from the international testing agency, ACM, which will continue to perform annual external audits on Betsson’s performance.The group has emphasised that the new accreditation will further strengthen its commitment to data security, and will facilitate the continuing work towards maintaining and exceeding ISO standards.last_img read more

GiG appoints HooYu to harmonise KYC lifecycles

first_img GiG lauds its ‘B2B makeover’ delivering Q2 growth August 11, 2020 Share Betfred counters Oppenheimer bid in race to rescue Phumelela August 26, 2020 Submit Stockholm-listed Gaming Innovation Group (GiG) has appointed HooYu, developer of digital identity verification systems to revamp its customer compliance and KYC frameworks, improving player experience and engagements.Focusing on smoothing customer onboarding disciplines, HooYu is tasked with enhancing GiG’s all-around KYC capacities and processes, at all points of a customer’s lifecycle.Updating stakeholders, Mark Weston, Head of Payments at GiG commented: “By integrating HooYu we can reduce KYC review times from hours to minutes. We listen to what our customers want and they tell us a fast and easy process is key.“HooYu brings us a huge saving of manual effort that allows us to scale further and lets us focus on providing the best games and experience to our customers.”HooYu utilises customisable UI & UX tools to facilitate ID document validation, facial biometrics, address proofing and also enables customers to provide source of funds information where required.The announcement sees HooYu continues its strong industry commercial momentum, having been appointed as lead KYC solutions supplier for UK legacy bookmaker Betfred this summer.David Pope, marketing director, HooYu added: “The HooYu customer journey tools are relevant not just to customer sign-up but to all parts of the customer lifecycle to help strike the right balance between a great customer experience and compliance with regulatory requirements.” Related Articles StumbleUpon Share Betfred extends World Snooker Championship deal until 2022 August 17, 2020last_img read more

GiG completes B2C unit offload to Betsson

first_img Share StumbleUpon Related Articles GiG ups code security oversight with Checkmarx July 10, 2020 GiG lauds its ‘B2B makeover’ delivering Q2 growth August 11, 2020 Share Betsson outrides pandemic challenges as regulatory dramas loom July 21, 2020 Submit Gaming Innovation Group (GiG) has maintained its 2020 corporate agenda, confirming that it intends to fully divest its entire B2C unit to Stockholm counterpart Betsson AB by mid-April.Last February, GiG accepted a €31 million cash and shares deal offered by Betsson to divest its entire B2C unit, including control of its flagship properties Rizk, Guts, Kaboo and Thrills. Agreeing to the transaction, GiG will use the proceeds from its divestment to repay its SEK 300 million (€27m) corporate bond, strengthening the firm’s balance sheets.As previously communicated to investors, GiG has chosen to divest its entire B2C unit, focusing future growth plans on the development of its B2B services and technologies.  Further deal terms stipulated that Betsson must commit to maintaining all GIG B2C brands on the GIG platforms for a minimum term of 24 months, with Betsson paying platform fees based on net gaming revenue (NGR) performance.Richard Brown, CEO of GiG, previously commented on the transaction: “I am very excited about this transaction as it provides multiple upsides to GiG. While putting the company in a financially sustainable position, it gives us the ability to focus on where we see real long term shareholder value. This transaction serves as a strategic focusing of the company’s efforts towards the B2B segment.“Offering both B2C and B2B services had synergies in the past, however, the current conflicting priorities of the two business areas, and increased complexity in the market, have lessened the potential offering on both fronts”.last_img read more

Vanarama National moves towards immediate conclusion

first_img StumbleUpon Submit Share LV BET celebrates Vanarama National League’s return July 17, 2020 Related Articles FA to carry out review of broadcasting rights January 8, 2020 DCMS praises ‘constructive talks’ with FA over streaming rights January 16, 2020 Share Vanarama National League clubs have voted by a ‘clear majority’ to cancel all remaining fixtures for its three non-league divisions.In total 90 per cent of all National League clubs, across its three leagues, responded to the organisation’s proposal to end the playing season for all fixtures scheduled up to and including 25 April 2020. As a result, the National League, National League North and National League South will be concluded effectively immediately. National League Chief Executive Officer, Michael Tattersall, commented: “At a time when the entire country is wrestling with the devastating impact of Covid-19, the cancellation of the remaining normal season matches brings a degree of certainty to our clubs coping with the business implications of the virus.”Clubs that have yet to vote on the decision will still be given the option to voice opinions with the organisation wanting to ‘include as many preferences as possible before the final voting result is declared’. Nevertheless, given the apparent substantial number of clubs which have opted to end the current season, the final decision seems like a formality to show how many teams voted either way. Information regarding promotion and relegation has yet to be announced with a variety of measures still being discussed according to the organisation. The league will possibly use protocols already been implemented by other organisations, looking at how other leagues have handled a campaign conclusion. In Scotland the SPFL declared that the season would end effectively immediately in its second, third and fourth division. The current, and final, standings have then been used resulting in Dundee gaining promotion and Partick Thistle suffering relegation. Whereas, the Football Association (FA) revealed that steps six and below of the football pyramid would be ‘null and void’. The National League divisions have been suspended since March 16 after the spread of the coronavirus in the UK led to all sporting activities being indefinitely postponed or cancelled.last_img read more

Martin Wyatt – Gfinity – “You’ll find me sat front and centre, every weekend,…

first_imgThe Gfinity Elite Draft and Elite Series is edging ever closer. It’s just a matter of days now before the pre-requisite, the Challenger Series shut and those that will be considered by the now confirmed eight professional organisations will wait for their chance to be picked up. Counter-Strike: Global Offensive, Rocket League and Street Fighter V comprise the eclectic mix of games that are set to be played.  exceL eSports, Reason Gaming, Prophecy, Team Infused, Team Endpoint, Method, EnVyUs and Epsilon eSports are the eight teams that look set to battle it out to be the best in each title. We spoke to Head of Partner Relations, Martin Wyatt to find out exactly what eager fans can expect from the upcoming spectacle. Esports Insider: How much traction have you seen with the Challenger Series?Martin Wyatt: If anything it’s exceeded expectations and the participation is growing steadily. We’ve been really, really pleased with the initial uptake in terms of participation and quite humbled by the level of support we’ve received from our publisher partners. That’s people like OMEN by HP and also the positive feedback we’ve experienced from the vast majority of the community.ESI: Which of the three titles are you most excited about?Martin: I couldn’t possibly choose. CS:GO is obviously such a well established esport that we’re bound to see some amazing action there. It’s incredibly exciting for us to be able to move into FGC for the first time and Street Fighter is a franchise that probably has one of the richest heritages in all of games, never mind just esports.“We just can’t wait to reveal the next superstar SFV player – or maybe even the next CS:GO Major champions.” We’ve also been doing some work with the Rocket League community for a while now. We’ve run some of the biggest cups and tournaments that exist in Europe so to be able to bring that to a live event and league programme like the Elite Series, it all just makes me beyond excited.You’ll find me sat front and centre, every weekend lapping up the action – I can’t wait.ESI: Tell us more about the Franchise championship? Is it like the F1 Constructors Championship? Martin: It’s very similar to the way that the Constructor’s championship works in F1. The reason it’s there is that we want to ensure that the franchises and teams there are encouraging top performance across all of their teams and titles. Undoubtedly some of these franchises will be stronger in one game over another but we want to make sure that they’re fighting on all three fronts and promoting and supporting each player in each game. Undoubtedly they will be as they’re professional and competitive.It’s cool from a story perspective. We’re going to be able to pick up and build some great rivalries between teams and players and the overarching structure of the Elite Series itself will be able to create some amazing talking points.ESI: These guys that are joining Franchises are they buying in? How is the model built? How do teams enter/how are they chosen?Martin: Teams were chosen for multiple reasons. We’ve tried to involve a blend of globally successful and well renowned organisations to well established UK organisations, some new and some older.We’ve selected them to try and offer an opportunity to all and sundry, as well as you can do with eight spots in a league. Obviously there are people that are disappointed they weren’t involved. We have had to turn some people down and that’s never a nice thing to do but ultimately we’ve got a mix of teams that we think is exciting – for those players representing them or for those tuning in and becoming fans of them.“We’re going to be able to pick up and build some great rivalries between teams and players and the overarching structure of the Elite Series itself will be able to create some amazing talking points.”One of the things we really want to do is build a fanbase for these teams. Either build it if it doesn’t exist or help them grow it. The actual financial details and commercials will remain behind close doors for reasons I’m sure you understand but the way that the teams are involved it means that they get to benefit from loads of things that the league generates.For example, it’s set to be very content rich and the exposure the league will get will mean a big bright spotlight will shine on these brands – and some of them for the first time. It will help them raise their profile and grow their organisations beyond the Elite Series and become successful in their own right as they should do. That’s one of the things the Elite Series is here to do – to support their growth and encourage it.ESI: Many argue that content in esports is king. What are your plans for the Draft and beyond?Martin: One of the things I think is undervalued in esports is the personalities that these guys have. The stories that some of these players have to tell is sensational and it’s something that we want to tap into. We want to build the profile of these players as people. It’s about unearthing the superstars, the controversial characters – as they exist in every sport and every walk of life. We want to be able to pick out the real interesting stories and tell them and we think that he way that the Elite Series works in the way that the seasons are structured and the fixtures work and the broadcast and content plan will be wrapped around it will bring to the fore a lot of those stories.I think we’re going to be able to build some superstars. They’re undoubtedly out there. Again, one of the reasons the Elite Series was set up was to mine and tap into this really rich source and pool of talent that exists in the UK that may or may not have had the opportunity to showcase their talent before. That’s what we’re really really excited about, as well as the unbelievable game play and competition!We just can’t wait to reveal the next superstar SFV player – or maybe even the next CS:GO Major champions.last_img read more

Bayern’s James Rodriguez joins Ares as an ambassador

first_imgBayern Munich and Colombia midfielder James Rodriguez has joined esports organisation Ares Esport in an ambassadorial role.Rodriguez joins an impressive, if somewhat odd, host of names at the team which includes Riyad Mahrez of Leicester City, Yannick Carrasco of Atletico Madrid and Tottenham Hotspur’s Moussa Sissoko amongst others. The involvement of these players is, unsurprisingly, FIFA esports focused and is intended to give players from all backgrounds an opportunity to showcase their skills on ‘a global stage’. The ambassadors will lend their support via ‘coaching, social networks and physical presence at Ares events’.  There are set to be plenty of tournaments to get involved in, and with the pro players will using their own profiles to give these a boost, they should see a lot of sign ups. The goal of Ares, as per its homepage mission statement, is ‘to develop and democratize the practice of esports by enabling new talent to shine internationally’. There’s reportedly a number of contracts waiting for those who prove themselves worthy too. On the site it notes that ‘At the beginning of November, we will set up a worldwide device for the detection of the best talents through open tournaments on a selection of video games.’ It also states that these will be given a contract with Ares. The current James Rodriguez Welcome Tournament opened qualifiers on October 14th, though there’s still a chance to get involved as qualifiers continue until the 23rd. There’s €2,500 (£2,200) up for grabs. Very excited to join an esport team ! ?@TeamAresEsport #GAMEISALL #AresEsport #Esport— James Rodríguez (@jamesdrodriguez) October 14, 2017Ares, or Alpha Republic of Esports, is a Paris based company, and there’ll be an offline finale in the French capital for the James Rodriguez tournament on November 2nd. Ares also involves itself in hosting tournaments for other games including Dota, CS:GO, Hearthstone and more. Esports Insider says: With a diverse range of ambassadors on board from across the world of football, and elsewhere Ares has the potential to reach a considerable number of esports outsiders. The FIFA 18 tournament in particular should garner considerable attention, and we’re keen to know more about which games Ares will be dishing out contracts for and their plans in detail in this regard.last_img read more

Gemba launches Turnstile, a sponsorship evaluation platform

first_imgSports intelligence agency Gemba has created Turnstile, a sponsorship evaluation platform for esports. This new platform allows buyers and sellers to see the physical assets, and intellectual property, of sponsorships. Gemba had been working on Turnstile for over two years prior to its launch, with brands such as Formula 1 testing it out extensively before it was made available to others. Rob Mills, CEO & Director, Gemba delved into his new platform in a statement: “As we developed Turnstile we [were] very conscious that esports and gaming is increasingly going to take a larger part of the global sponsorship market. Turnstile provides a holistic solution to both buyers and sellers, incorporating traditional broadcast, social media and esports channels.”“Our guiding principle in developing Turnstile was to provide a methodology that moves beyond just exposure measurement and seeks to understand the intellectual property value of sponsorship assets. The industry does not need more media equivalencies – it needs a robust approach to pricing using actual market benchmarks,” Mills continued.The platform is said to have three core components to its service: benefits, exposure, and intellectual property. As such, Turnstile offers the market rate for tickets, hospitality, media assets, and so on. Not only that, it uses a “proprietary methodology to assess the effectiveness of logo exposure”.After trying out the platform, Murray Barnett, Head of Global Sponsorships and Commercial Partnerships at Formula 1 said that the platform is “helping us shape the conversation with our commercial partners and teams moving forward,” which is important since the company is looking “to broaden and deepen our audience engagement” with esports.Esports Insider says: Without seeing exactly how it works, it’s safe to say that the concept of Turnstile is interesting. The real test will be making it readily available for organisations and figures in the industry so they can weigh in on it themselves.last_img read more

Black Meteors winger Yaw Yeboah targets 2020 Olympics

first_img–By: Nathan Quao/ Black Meteors winger Yaw Yeboah says he is driven by the target of sending Ghana to the Olympic football tournament in Japan in 2020.Yeboah is part of the team that coach Ibrahim Tanko has called up for Saturday’s second round first leg U-23 AFCON qualifier against Gabon in Accra.The team has been in camp for some days getting ready for the match and Yeboah told Citi Sports on Wednesday that he and his team mates were encouraged by the fact that they had the chance of sending the nation to an Olympic football tournament for the first time since 2004 in Greece.“I think we are more motivated than pressured when we talk about going to the Olympic football tournament. It is our main target.We have not been there for 14 or so years. For us, the only thing is to do our work and get there and the rest will follow. That is our plan in terms of qualifiers.”The Numancia winger added that he was pleased with the preparations of the team and he was very delighted with what he had witnessed so far in the team’s camp.“We are getting ready and the preparations are going well. I like the attitude and mentality of my colleagues and I think we have a good and confident team.”Victory for Ghana over Gabon will set them up with the winner of the tie between Algeria and Equatorial Guinea in the third round.last_img read more

NC Special: Grant delighted with Hearts’ victory over Karela

first_imgHearts of Oak head coach, Kim Grant, was very happy with his team’s performance in their 1-0 win over Karela FC in Week 12 of the NC Special Competition.The match, which was played at the Accra Sports Stadium, was settled by a Christopher Bonney penalty in the second half and the result gave Hearts top spot on 25 points and passage to the last four of the competition.After the match, Grant said that he was very satisfied with what he saw from his players especially looking at how difficult Karela made the match.“Karela are not a bad team and I set my boys up to be compact. Obviously, once we got the goal, they were going to try and get back into the game and that was why I brought in Agyare just to block the spaces.Overall, I am really pleased because we were very solid. We did well against Dwarfs (in Week 11) and today, we kept things going. I knew that if we kept a clean sheet, we would have a chance. We had a few chances but we failed to score. We had a penalty shout in the first half  and we got the actual penalty in the second.I am pleased for the boys because they have worked hard. Now, we have 25 points and we look forward to the next game.”The Phobians face Elmina Sharks in their next game in Accra before completing their first round campaign against Dreams FC in Dawu.last_img read more