Connect with us

Latest News

Widespread UKGC regulator action results in further £4.5m in penalties for online gambling sector

Published

on

UKGC-regulator-action Widespread UKGC regulator action results in further £4.5m in penalties for online gambling sectorReading Time: 2 minutes

 

Four gambling businesses are to pay a total of £4.5m in penalty packages as part of the Gambling Commission’s ongoing investigation into the online casino sector.

InTouch Games Limited will pay £2.2m, Betit Operations Limited will pay £1.4m, and MT Secure Trade will pay £700,000 in lieu of financial penalties, and BestBet will pay a financial penalty of £230,972.

The penalty packages relate to the businesses failings to put in place effective safeguards to prevent money laundering and keep consumers safe from gambling harm.

The penalty packages form part of an ongoing investigation into the online casino sector. Over the last 18 months the regulator has conducted assessments of, or engaged with, 123 online operators – and of the 45 told to submit an action plan to raise standards 38 have already showed signs of improvement. A further 34 were compliant with standards expected by the Commission or had minor issues which have been, or are in the process of being, remedied.

Since the investigation began five operators have surrendered their licence and can no longer transact with consumers in Britain. In November 2018 three companies paid nearly £14m in penalty packages as result of their failings to put in place effective safeguards to prevent money laundering and keep consumers safe from gambling-related harm.

Richard Watson, Gambling Commission Executive Director, said: “We have been working hard to raise standards in the online industry to ensure that gambling is crime-free and that the one in five people in Britain who gamble online every month can do so safely.

“But our work will not stop here. As a regulator, we will continue to set and enforce standards that the industry must comply with to protect consumers.

“We expect operators to know their customers and to ask the right questions to make sure they meet their anti-money laundering and social responsibility obligations.”

Read InTouch Games Limited public statement

Read Betit Operations Limited public statement

Read MT Secure Trade public statement

Read BestBet Limited public statement


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Widespread UKGC regulator action results in further £4.5m in penalties for online gambling sector

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

IWG goes live with Austrian Lotteries

Published

on

IWG-with-Austrian-Lotteries IWG goes live with Austrian LotteriesReading Time: 1 minute

 

IWG – the award-winning supplier of online, instant win games – has been selected to supply the Austrian Lotteries (Österreichische Lotterien) with its portfolio of games.

Following the initial launch at win2day.at, the gaming site of the Austrian Lotteries, titles from IWG’s portfolio of over 100 games will be regularly added over the coming months giving players an alternative and unique playing experience.

IWG, which has been a successful service provider and supplier of content to lotteries for over a decade, now supplies 14 WLA members all around the world from British Columbia to Pennsylvania and the UK to New Zealand.

The supplier has produced and delivered over 300 high-quality instant win games on desktop and mobile, as well as offering valuable strategic and marketing support to its lottery partners.

Rhydian Fisher, IWG CEO, said “We’re really looking forward to working with the Austrian Lotteries and are proud to help build their online portfolio in Austria.

This is an exciting opportunity for us to extend our global reach and maintain our position as the leading instant win supplier in the industry.

Elisabeth Römer-Russwurm at the Austrian Lotteries said: “We’re thrilled to be able to offer our players IWG content and are confident it will prove to be successful here in Austria.

“IWG has a strong reputation in the industry for delivering quality instant win games, and we’re sure our players will really enjoy the new additions to our growing portfolio of entertaining games.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: IWG goes live with Austrian Lotteries

Continue Reading

Latest News

Infographics – NSoft’s Balkans Overview

Published

on

NSoft-infographics Infographics – NSoft’s Balkans OverviewReading Time: 1 minute

 

NSoft presents you with thorough in-house research covering essentials for Balkans iGaming business operations with the emphasis on important glocal factors. In order to download the full NSoft’s Region Overview Infographics, click here.
Here’s the direct link.

The information provided is based on extensive experience and know-how acquired through the past ten years of successful operations in Balkan countries.

NSoft will be exhibiting at Belgrade Future Gaming Expo. The event will be held on 4 – 5 June 2019 at Beogradski Sajam, Hall III. Book a meeting at sales@nsoft.com.

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Infographics – NSoft’s Balkans Overview

Continue Reading

Latest News

2019 Table Mountain Casino Celebrity Invitational Donates $10,000 To Valley Children’s Healthcare

Published

on

table-mountain-donation 2019 Table Mountain Casino Celebrity Invitational Donates $10,000 To Valley Children’s HealthcareReading Time: 2 minutes

 

Table Mountain Casino, located in Central California, recently presented the nationally ranked children’s healthcare network, Valley Children’s Healthcare, with a donation for $10,000.  This donation represents the proceeds from the 2nd Annual Table Mountain Casino Celebrity Invitational, held at the tribe’s scenic Eagle Springs Golf and Country Club. A host of celebrity athletes participated in this spectacular day on the greens that featured an array of superstars including Jerry RiceEric DickersonGary PaytonMarcus AllenMike HaynesJames Lofton, Rollie Fingers, Robb Nen and former Fresno State Football Coach Pat Hill. The popular Valley Children’s mascot, George, was also on hand to ‘fan’ over the celebrities and pose for pictures with the players.

Rob Goslin, Table Mountain Casino President and General Manager said, “The Table Mountain Casino Celebrity Invitational is the valley’s premiere charity golf tournament. Not only did everyone have a great time golfing and visiting with the celebrities, more importantly, we raised resources for our local shining star, Valley Children’s Healthcare; that’s what this day is really all about. Table Mountain and Valley Children’s share a long-standing commitment to improving the health and wellness of the Valley’s 1.3 million children.”

This year’s Invitational included an opportunity for sponsors and players to take photos, visit and engage with the celebrities, all while enjoying the panoramic views of the foothills that the challenging Eagle Springs course offers.  The tournament culminated in a delicious meal followed by an awards ceremony, where prizes and medals were awarded to the top teams and players.

Goslin concluded with the following thank you, “We appreciate all those who contributed to the overwhelming success of this memorable day. We are already looking forward to next year’s Table Mountain Casino Celebrity Invitational.”

#ThisIsWinning

Table Mountain Casino is owned and operated by the Table Mountain Rancheria who actively support many community-based agencies and non-profit organizations serving residents of the greater Fresno area and the regional San Joaquin Valley community. Table Mountain Casino proudly operates an alcohol and drug-free environment. Must be at least 18 years of age to game.

 

Source: Table Mountain Casino


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: 2019 Table Mountain Casino Celebrity Invitational Donates ,000 To Valley Children’s Healthcare

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.