Connect with us
NSoft

Latest News

AML IN GAMING: A MANUAL AGAINST CRIMINAL INFILTRATION IN THE INDUSTRY

Published

on

1-3 AML IN GAMING: A MANUAL AGAINST CRIMINAL INFILTRATION IN THE INDUSTRY
1-3-1 AML IN GAMING: A MANUAL AGAINST CRIMINAL INFILTRATION IN THE INDUSTRYReading Time: 3 minutes

 

Written by Antonio Arrotino, AML Manager and MLRO of SKS365, and Prof. Ranieri Razzante, President of the Ass. Italian Anti-Money Laundering Officers, the book photographs the current legal system and measures to prevent and combat organized crime incursions in offline and online markets

 

Il GAMING – Prevenzione e contrasto alle infiltrazioni mafiose (GAMING – Prevention and fight against mafia infiltrations) is the title of the guide written by Antonio Arrotino, lawyer, AML Manager and MLRO of SKS365, together with Professor Ranieri Razzante, President of the Italian Anti-Money Laundering Association, professor of Anti-Money Laundering Legislation at the University of Bologna and vice-president of the supervisory body of SKS365. With a further contribution that always comes from SKS365, or that of Luca Grisci, Director of Retail.

A guide for operators and all professionals who make up the gaming industry in Italy, to gather in a single volume what concerns the subjects involved, the current legislation, the types of risk and the measures to be taken to prevent potential inferences by crime within such a delicate and changing system and, therefore, particularly exposed to illicit interests.

The purpose of money laundering deriving from criminal activity, as is known, is to reintroduce into the legal economic circuit those resources which have been drained from it through criminal activities, and which return to it in different forms and features, to allow reinvestment in lawful activities – is written in the Preface signed by Roberto Fanelli, head of the Central Legal and Litigation Department of ADM, italian gaming authority – The volume of Razzante, a well-known expert on this subject, and Arrotino, expert and operator in the sector, systematically deals with these issues, providing a complete picture and flanking the necessary legal framework profiles with those who preside over concrete operations.

The objective that Arrotino and Razzante aim in making the guide stems from two considerations: the size of the damage that the crime of money laundering entails for the Italian economic system – almost 120 billion a year – and the evidence that infiltrations criminals in the gaming chain occur to the detriment of the concessionaires themselves and almost never, however, with their complicity. Nonetheless, the false myth has been created that associates the game with the crime on several levels (political, journalistic and social). This has led to see the gaming sector as an enemy rather than as an ally of Authorities and Institutions.

The gaming sector, like other sectors that generate high money movements, is of very high interest in crime. Only in Italy the illegal game is worth a fifth of the legal collection – commented Antonio ArrotinoHowever, more and more in recent years, a fundamental contribution in the fight against crime has come precisely from the operators of the sector, primarily from the concessionaires themselves, who are become authentic sentinels of illegal or potentially such behavior, as evidenced by the significant increase in reports of suspicious transactions, to the police. This is a twofold commitment: on one hand the State Authority, on the other the operators and dealers, in a relationship based on trust, involvement and above all awareness of the tools to defend the clean system.

We wish that this book will help to dismantle some prejudices, in the Authorities and Institutions, according to which the gaming sector is dominated by crime where, on the contrary, crime would find easy way in a market that is not sufficiently manned – added Prof Ranieri RazzanteFor a long time I’ve been supporting the need to issue a Single Text on the Game, which collect all regulatory sources, now dispersed in a thousand streams, and which allows operators and the police themself to follow their technical and legal evolution.

This book reconstructs the entire ecosystem around the game in Italy, institutional actors, entrepreneurial subjects, typology of existing products and services, deepening the business circuits to identify the potential vulnerabilities of the industry, i.e. the areas in shadow where the concrete risk of criminal infiltration lurks. To conclude with a detailed regulatory overview of the obligations of dealers and operators, together with reporting methods and authorities in charge of surveillance and intervention.

 

The volume is published by Pacini Giuridica, specialized in the publication of manuals in the artistic-cultural field and in-depth scientific, academic and regulatory study.


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: AML IN GAMING: A MANUAL AGAINST CRIMINAL INFILTRATION IN THE INDUSTRY

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

MGA Games and Leander Games sign a strategic agreement and create the perfect partnership

Published

on

MGA-Games-Leander MGA Games and Leander Games sign a strategic agreement and create the perfect partnership
MGA-Games-Leander-1 MGA Games and Leander Games sign a strategic agreement and create the perfect partnershipReading Time: < 1 minute

Leander Games has reached a strategic agreement with MGA Games, a renowned company specialized in the development of localised productions for online casinos. This new alliance will allow for the quick integration of titles by MGA Games in the casinos connected to the LeGa platform.

For more than ten years, Leander Games has been providing innovative content to the main online casinos worldwide in over 25 languages and using all ISO currencies.

The new partnership with MGA Games will grant them the opportunity of offering new internationally successful slots and video bingos to affiliated operators. Over 80 titles that stand out for their excellent animation, graphics quality and download speed. Among them are the latest Hyperrealism Series, such as Jessica Weaver, Abigail Ratchford, and Andy Soucek, casino slots based on a spectacular hyperrealistic design. Also, the video bingo portfolio, Latin Fiesta Series that include titles such as Calaca Party, Sea and Monster Bingo, which combine fun with state-of-the-art technology to ensure entertainment from any type of device. And, the popular Spanish Celebrities, whose characters such as El Dioni, María Lapiedra, and Aramís Fuster, continue to succeed in all their new releases, as much as the Spanish bar slots La Mina de Oro Plus, Popeye Cazatesoros, and CSI Miami.

“MGA Games are internationally recognised for their range of top-quality localised games.  We know that they will be a hit with our Operator base and are very pleased to welcome them onboard”, stated Steven Matsell, CEO of Leander Games.

“We are convinced our extensive product catalogue will be a valuable contribution to Leander Games and will meet the interests of online casinos worldwide. At MGA Games, we are focused on devising and designing great productions, with a high degree of innovation and 100% mobile” stated Joan Sanahuja, CEO of MGA 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: MGA Games and Leander Games sign a strategic agreement and create the perfect partnership

Continue Reading

Latest News

Betcris becomes the first American continent operator to join IBIA

Published

on

0 Betcris becomes the first American continent operator to join IBIA
0-1 Betcris becomes the first American continent operator to join IBIAReading Time: 2 minutes

Leading Latin American sports betting brand Betcris has joined the International Betting Integrity Association (IBIA) strengthening the association’s monitoring and alert coverage for the region. The brand has been owned by TV Global Enterprises Limited since 2006 and offers online sports betting services in many countries throughout the world. It is however particularly strong in the emerging Latin American betting market where it also operates retail premises. Betcris is the second operator to join IBIA since the start of 2020, with five new members joining in 2019.

Khalid Ali, CEO of the International Betting Integrity Association, said: “I’m delighted to welcome one of the leading sports betting brands in Latin America to IBIA. Betcris is a major investor in sport with a number of sponsorship deals in place, including the Brasileiro Série A, and is well-placed to strengthen our monitoring coverage of existing and emerging markets in the region. I hope that other LatAm operators will follow Betcris’ example and highlight their commitment to integrity by also joining the world’s largest operator-run sports betting association.”

JD Duarte, CEO of Betcris, said: “Integrity has always been at the core of our approach to a responsible and sustainable business model and this has become more important than ever during this difficult trading period. Being part of an integrity monitoring body is also increasingly becoming both a licensing requirement and business necessity as the Brazilian sports betting law and other recent legislative developments show. IBIA is the global leader on integrity and Betcris looks forward to working with it to protect sports and our business from corruption.”

The International Betting Integrity Association is the leading global voice on integrity for the licensed betting industry. It is run by operators for operators, protecting its members from corruption through collective action. Its monitoring and alert platform is a highly effective anti-corruption tool that detects and reports suspicious activity on its members’ betting markets. The association has longstanding information sharing partnerships with leading sports and gambling regulators to utilise its data and prosecute corruption. It represents the sector at high-level policy discussion forums such as the IOC, UN, Council of Europe and European Commission.

The association publishes quarterly reports covering the integrity alerts reported through its monitoring and alert platform which can be viewed here. IBIA can be contacted at info@ibia.bet.


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: Betcris becomes the first American continent operator to join IBIA

Continue Reading

Latest News

EGT Interactive enters in the Slovakian iGaming market

Published

on

egt-etipos EGT Interactive enters in the Slovakian iGaming market
egt-etipos-1 EGT Interactive enters in the Slovakian iGaming marketReading Time: < 1 minute

 

EGT’s portfolio of games available for the players in Slovakia for the first time through the country’s national lottery operator, TIPOS

Under the deal, EGT Interactive will provide some of the hottest EGT slots to the national operator. This deal ensures the continuous and successful expansion of EGT’s portfolio in the regulated European online markets, giving the Slovakian players the possibility to interact with some of the top titles like 40 Super Hot, Burning Hot, Zodiac Wheel, Amazons’ Battle, Rise of Ra and many more of EGT’s vast portfolio of casino games from the safety of their homes.

Todor Zahariev – CEO of EGT Interactive, commented: “We are extremely excited to partner with such major operator as TIPOS. The interest in the games, since the very first day of their launch, outcomed our expectations and has proven that Slovakia is yet another strategic market for EGT Interactive. With the rise of the popularity of EGT’s portfolio, we are also looking forward to enlarging our operator network in the territory by providing the best user experience and high-quality content to the local players.”


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: EGT Interactive enters in the Slovakian iGaming market

Continue Reading

Trending

European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +50,000 readers. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports.

Contact us: sales@europeangaming.eu

Editorial / PR Submissions: editor@europeangaming.eu

Copyright © 2015 - 2020 European Gaming Media and Events. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

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