Gambling Advertising Ban U.K. Political Football

It is not hard to understand why politicians are concerned about online gambling in many parts of the world with the proliferation of smartphones and the availability of internet everywhere. The political football that has been thrown around in the U.K. is a good example of the situation regarding laws pertaining to the issues surrounding online gambling and the potential harm it can cause especially to the younger demographic and those vulnerable.

Advertising for internet betting is saturating media and sports organizations and is overwhelming the political legislators that are having trouble keeping up with the rapid pace operators have established.

The new policy of UK’s Labour Party stipulates a total ban on betting advertisement on television and online during live sporting events.The published policy is also suggesting a major overhaul of current gambling laws.

The Labour deputy leader Tom Watson is advocating for a year-long review of problem gambling stating the “explosion” in online gambling was “unforeseen” by the Gambling Act in 2005 passed by the previous Labour government, which changed the gambling laws.

The report is adding a ban on sport advertising a prohibition on credit card wagering plus an extended tax on gambling operators consisting of one percent of revenues to be used to fund the treatment of wagering problems. Watson has said problem gambling was a “public health emergency.” Premier League football organizations will also be asked to stop all sponsorship arrangements with gambling operators under the threat such deals will be prohibited. It was estimated that there are as many as 25,000 young problem gamblers aged between 11 and 16 in the U.K.

The Labour party is facing  accusations of hypocrisy, as critics point to the negative effects of the 2005 Gambling Act passed by the Labour party. The Tory representative MP Chris Skidmore declared, “Labour liberalised the gambling market. Adding, “We are correcting their mistakes.”

 

 


 

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CEEGC Sept 19 2018 Budapest Hungary

The countdown is on for those online gambling professionals that are looking for improvements to their businesses. Attending a conference is a valuable experience for even the seasoned veteran of the gambling industry. The Central and Eastern European Gaming Conference is the place to be for a concentrated amount of information about the gaming industry and valued knowledge. The beautiful city of Budapest Hungary will host the event on the 19th of September 2018. This is the third edition of the Central and Eastern European Gaming Conference and Awards

Last year the conference was a big hit with iGaming Sales Director at Mobiyo Rafal Nowak stating this about last year’s conference, “A week after the Budapest Gaming CEE conferences, I’m still discussing the topics brought up there with fellow delegates. Thank you Zoltan Tundik for organizing an informative and well shaped event on this, often underestimated iGaming territory and good luck with the next one!”

Also Nina Zafirovskathe  CEO at BtoBet also was pleased to endorse last year’s event,“CEEGC in Budapest was the event that brings together experts in the industry together with Central and Eastern European regulators to exchange thoughts and knowledge for development of iGaming in the region. Great experience with wonderful people.”

The Ritz-Carlton Budapest is an incredible venue for this outstanding conference and awards ceremony. The event agenda consists of  6 informative panel discussions that are focusing on the emerging markets in jurisdictions such as Slovakia, Poland, Romania, Bulgaria, Czech Republic and Belarus, plus a specialist in the US market. The topics will cover most areas of Europe with international events that serve the local and global industry. Optimization of networking opportunities and the most vital issues are brought into the spotlight.

Register now there are but a few days left before the Central and Eastern European Gaming Conference and Awards event happens and it should not be missed.

 

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Casino Woodbine Expands With Live Dealer Games

The expansion of casinos in Canada is starting to be recognized by the gambling world with the addition of live casino games being introduced in Toronto Ontario’s Casino Woodbine. The growth of the casino which has been around for as many as 70 years has been slow but sure. Since 1950 the popular horse racing track developed into a casino offering slots in 1999 and then it received permits to open a casino in 2015.

Now the venue will offer live dealer games that will expand the customer base for the casino which will now be offering online gambling on the worldwide stage. Live dealer casino gambling is a recent addition to the world of online gambling because of the technological advancements in gambling software. Internet speeds are faster than ever and it allows for streaming of poker, roulette, and baccarat to other online casinos around the planet. Dealers are arranged in a streaming video studio with direct chat messaging with the players. Based algorithm

Watching a real live dealer do the shuffling and not just a machine based algorithm makes a great deal of difference for the experience of the gambler. Woodbine is one of three venues owned by One Toronto Gaming a partner of Great Canadian Gaming Corporation and Brookfield Business Partners L.P. both are on the Toronto stock exchange. One Toronto Gaming is offering  50 "live dealer" table games including blackjack, roulette and baccarat attracting larger online participation.  

OTG's CEO, Rod Baker commented to Newswire, “This is another important achievement for One Toronto Gaming, made possible by the hard work from our team in collaboration with stakeholders including OLG, our regulators, and the City of Toronto. This not only is a significant step in the expansion and overall development of Casino Woodbine, but this additional gaming amenity has generated over 400 new jobs, and will create another 300 by the end of 2018.”

 

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LeoVegas Buys 51% of Esports Pixel Holding Group

E-Sports is the very latest online gambling trend that after a lengthy time in the shadows has finally gained the spotlight as one of the fastest growing sectors for betting on the internet. The enormous growth has been so extensive that it’s been estimated that the global market for esports betting will be valued at $30 billion by 2020.

Knowing the ins and outs of the esports wagering world is a rare thing with so many traditional online betting opportunities being offered. Learning about esports and betting on the teams and games involved may take some time but it is worth the effort.

Esports is basically playing video games and betting on the various aspects of the staged competitions. Competitive video gaming is now firmly established as a legitimate sport.

Now that it has become a betting product some online gambling enterprises are investing. LeoVegas group chief executive Gustaf Hagman recently announced that the company’s acquisition of a 51% stake in Pixel Holding Group will provide it with a “unique insight” into the “fast-growing” esports sector. The Pixel Holding Group which operates the Pixel.bet is a specialist esports betting operator and LeoVentures, which is operated by LeoVegas, has invested approximately €1.5m (£1.3m/$1.8m) in the firm.

Mr. Hagman a co-founder of LeoVegas Mobile Gaming Group, commented, “Esports is an international and fast-growing area that engages millions of viewers and players every month.”

Robin Ramm-Ericson, managing director of LeoVentures and another co-founder of LeoVegas Mobile Gaming Group, also commented, “With its strong technology and mobile-first gaming experience, Pixel.bet is a perfect match for the LeoVegas. Together we will drive development for the absolute premier experience in esports betting.”

Eirik Kristiansen, CEO of Pixel.bet, said, “We want to create value for enthusiasts and add something truly extra to our community. Pixel.bet is, for example, the first to offer log-in with mobile BankID and instant withdrawals.”

 

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B.C.Casinos Money Laundering Query Conflict of Interest

Casinos are an ideal front for money laundering because it is normal for casinos to have large amounts of cash in small bills that is largely untraceable. The organized criminals are always looking for easy ways to launder cash and get away with it. Now the investigations concerning organized crime in British Columbia have been exploring the use of a B.C. casinos to launder money from suspected Asian sources.

An audit revealed that one casino River Rock Casino owned by Great Canadian Gaming Corporation claimed that $13.5 million dollars in $20 bills was taken in by the casino in the VIP gambling room. A probe was started and as a result a number of Canadian nationals  were arrested and a few people from China at the Vancouver National Airport who were detained for transporting millions in cash that is speculated to be from crime gangs. Since 2015 The British Columbian government has been trying to close some of the loop holes in the law and help casinos recognize the problem of money laundering and how to deal with it while being in compliance with the current regulations. There have been some outcry from critics who have revealed that two members of the investigation have links to gambling in the province, and one has ties to the casino that was the focus of the investigation. These two individuals have denied there is any conflict of interest with the current money laundering query.

Walter Soo was not interviewed about the high-limit gaming rooms and the problem with the excessive amounts of money running through the River Rock Casino by Peter German who was a board member of the Oval Corporation Board, which operates a sports complex in the area along with Walter Soo.

Dr. Peter German was appointed to build an independent review of the issues in the casinos by the B.C. Attorney General and Minister responsible for the BCLC. It remains to be seen how this will play out.

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Innovative Slot Interface Ramping Up The Speed Six Times

The attention span for the digital age consumer is a much shorter duration than the old school term when it seemed like an eternity waiting for the slot game to complete the spin. Digital gambling consumers today get bored quickly when on the internet if the game doesn’t load fast enough or the payout takes too long.

Operators are always looking for methods to retain players and bring them back to their site. Speed has been a significant factor when customers choose an online casino web domain and speed is also a big issue for online betting operators from all over the world.

Internet connections are becoming lightning fast and operators want to be able to keep up with the latest technology and take advantage of the increased speed that players demand and are beginning to expect.

One firm is trying to accommodate the needs in the very competitive slot gambling sector with innovation taking a front row seat for many operators looking to stand out from the crowd. Hero Gaming has found a method that is achieving the lofty goal by launching a new slot based interface named Blitz. The new interface will let slot players play at six times the normal speed.

Hero Gaming headquartered in Malta owns online gambling sites Speedy Casino, Casino Heros and the internet sportsbook Betser and has now made the Blitz interface available to its players. The Blitz innovation gives slot fans a faster time with no need to wait after each spin for the results to appear.

The CEO of Hero Gaming, Tomas Backman, proudly announced,  “It’s great to have provided something that is genuinely new to the market from the operator side. Many operators talk about innovation, but to be honest very few deliver. I think everyone can agree that Blitz is innovative.”

Slot participants are able to quit play at any time while maintaining their account balance and the number of spins left.





 

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Bede Gaming Selected To Upgrade OLG's Digital Offering

Bede Gaming is a gambling platform and software company based in Newcastle upon Tyne, in the United Kingdom, with offices in London, United Kingdom and Sofia, Bulgaria. It supplies gambling platforms and software to online casinos, online bingo operators, and lotteries in regulated markets. A connection has been made with the government operated Canadian Ontario Lottery and Gambling Corporation for Bede Gaming to build the OLG’s “new enterprise-wide digital foundation.”

After the competitive procurement process the OLG identified the UK-based Bede Gaming as its new digital platform provider which the gambling monopoly expects to help with the web betting site’s weak performance.

OLG’s chief operating officer Greg McKenzie stated the government operated enterprise is “looking forward to developing our relationship with Bede as OLG continues its digital transformation.” The statement comes after a two year search for a provider and a lengthy transformation period where the new platform won’t be operational until early in 2020.

Bede’s co-founder Michael Brady was excited about the “landmark” deal with OLG which is Bede’s first North American deal. Brady said the arrangement was “a huge recognition of the strength of our offering” and he says the deal will create “a long and successful relationship with one of the most respected names in the worldwide lottery sector.”

OLG’s efforts to modernization its platform haven’t gone smoothly. The Bede technology McKenzie commented, will enhance OLG’s existing digital capabilities in player registration and accounts, while improving the provider’s responsible gambling efforts, including self-exclusion, spending limits and other consumer tailored requirements.

OLG launched the PlayOLG web site back in January of 2015 but it has been languishing in less than stellar territory ever since with gamblers in Ontario preferring offshore locations. Ontario lags behind its counterparts in Quebec and British Columbia in terms of revenue and participation.

PlayOLG did consider blocking unlicensed gambling websites similar to Quebec’s plan but did not follow through with the court challenge idea.

 

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Crackdown In Asian Gambling Jurisdictions

The numbers that the Asian news sources used to describe the recent crackdown in Malaysia where the online news source The Star says over 22,000 people have been arrested in gambling raids this past year are hard to comprehend. The number of violators of gambling rules in Malaysia and other Asian jurisdictions is quite outstanding. The job the police have been charged with is obviously a big one if the number of arrests is any indication of the scale.

The Inspector General of Police Tan Sri Mohamad Fuzi Harun claims that police have conducted 12,449 raids, which lead to to 22,300 arrests. Gang related dens and illegal lottery operators were the focus of the investigations.

Last year the police conducted some 12,628 raids and 24,338 arrests which seized MYR3.73 million ($901,000), as compared to this year a MYR4.67 million ($1.13 million) was collected. A greater number of cell phones were seized last year compared to this years.

Mohamad Fuzi released a statement to the press, “Our records show that the states with the highest number of successful raids nationwide are Johor (2,719), Selangor (2,372), Sarawak (1,617), Negri Sembilan (1,156), Kedah (945) and Penang (863). Based on these numbers we will focus our efforts in these six states,” The Inspector warned police officers that their actions were being watched. “Stern action will be taken against any officer, including OCPDs and state police chiefs who do not dispense their duties effectively,”

Recently the police chief said, “Illegal gambling is not only a plague on society but also invites negative perception towards the police, who are seen as the sole agency responsible for combating this menace.”

There are other Asian jurisdictions dealing with the illegal online gambling situation in a similar fashion but it appears as if the crackdowns are not doing a very good job of controlling the gangs. The police are being found as corrupt as the gangs and are being arrested too.

 

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Blockchain V R Gambling Offered By Alive Casino

The use of artificial intelligence has been making its way through the internet betting industry creating new venues for those gamblers that seek the new and different venues made available through technology. The latest trend that savvy players are experiencing is virtual reality which is getting more and more sophisticated every day. Alive Casino is taking wagering to a new level of excitement. The Alive Casino platform provides players with a blockchain platform that utilizes Virtual Reality technology for betting.

The Alive Entertainment Company which is located in Costa Rica has claimed it is the very first firm to bring virtual reality games to the public. The 360 degree view of a terrestrial casino is presented in the virtual reality mode giving the player control in the VR environment.

The project set up by the company is based on the principles of “keeping things alive.” The aim is to create a living, thriving, secure alternative for gambling participants. There is a clear direction for the unique platform. The focus has been divided into short and long-term goals. A private token sale is offered with Alive Casino selling 15% of its AL tokens to raise the funding for its platform development. The AL tokens have a set value of $0.015 per unit, which can be purchased against payment in ETH.

Besides the Virtual Reality factor Alive Casino will be including an integrated social networking system and a blockchain based secure payment system. Using blockchain creates transparency, security, and automation. Utilizing certified Random Number Generators with blockchain integration makes for the creation of a truly accessible platform. Transferring funds to the platform is through the Alive multi wallet system. The wallets will be personal, as per user’s preferences and secure with the use of blockchain technology.

The company’s short and long term goals are realistic and attainable. The virtual reality blockchain concept presented by Alive Casino is going to do its best to provide a new exciting gambling experience.

 

 

 

 

 

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Greece Proposes New Gambling Regulations

The gambling climate in Greece has been slightly different from other European jurisdictions in so much that it has been evolving very slowly with the Greek government attempting to maintain control. After a number of setbacks in Greece the Greek Finance Minister Euclid Tsakalotos has presented the initial framework for a new online gambling licensing regime with the aim of overhauling the gambling industry’s regulations. The country did managed to secure European Union  approval for its plans to change the tax laws. Rather than being charged the flat-rate tax of ten percent on all winnings, Greek players will be charged according to a progressive model. Greeks are now charged tax on winnings that are over €100.

The proposed new framework has the Greek government attaching a €4 million fee for an online sports betting licence, with operators also being made to pay an additional €1 million for operating other online gambling services and products. The government since 2011 has permitted 24 operators to operate online gambling with the use of ‘transitional permits’. The proposed new regime by the Ministry of Finance is allowing  these 24 operators the first crack at securing a new online gambling license.  Greek authorities have said that ‘black-listed operators’ will not be permitted to apply for licensing for a period of up to 12 months.

Conditions of the license that will be valid for five years also include operators being required to verify they have been legally operating in European Union jurisdictions and they must reveal three years of corporate financial records to the government. A deposit of €500,000 must be made to the Greek Finance Ministry by prospective operators upon applying for an online betting license. There are a number of other variables such as little information as to whether the Greek government will also adjust its 35% revenue tax on online gambling products.

The new rules of engagement are not particularly favourable to most stakeholders already involved in the Greek gambling jurisdiction.

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