Meridian snaps up online licence in Colombia

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Legal & compliance Sports betting Meridian snaps up online licence in Colombia Tags: Online Gambling 21st September 2018 | By contenteditor Operator takes 15th licence since re-regulation Subscribe to the iGaming newsletter Regions: LATAM Colombia Meridian Gaming has become the 15th company to obtain an online gambling licence in Colombia since the country opted to re-regulate its domestic market.Coljuegos, the national gambling regulator in Colombia, awarded the licence to the company’s Meridian Gaming Colombia SAS business.Meridian will operate in the Latin American country through the Meridianbet.com.co platform, via which punters will be able to place wagers on real sports events.The firm joins other licensed sites, such as wplay.co, betplay.com.co, colbet.co, zamba.co, codere.com.co, mijugada.co, masgol.co, luckia.co, sportium.com.co, rushbet.co, aquijuego.co, apuestalo.co, betalfa.co and rivalo.co.Coljuegos said in a statement that a further two licensed websites could go live before the end of the year.Last month, Coljuegos set out plans to clamp down on illegal gambling activities in an effort to divert more tax funds to national health and social services.Coljuegos president Juan B. Pérez Hidalgo said a total of “2,534 illegal elements of games of luck and chance” had been withdrawn so far this year.Pérez Hidalgo also said that the taxes avoided by the illegal operations could have “financed the subsidised health system and served more than 107,000 Colombians”.Image: fancycrave1 Legal & compliance Email Addresslast_img read more

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Betsson brings in new gaming and sports product directors

first_img Swedish operator Betsson has hired new product directors for gaming and sports as it continues to overhaul its management team. Cíara Nic Liam has been poached from William Hill, where she served as head of gaming, to serve as Betsson’s new gaming product director, while former Svenska Spel executive Joakim Thor will oversee the operator’s sportsbook as sports product director. Betsson brings in new gaming and sports product directors Subscribe to the iGaming newsletter Topics: Casino & games People Sports betting Swedish operator Betsson has hired new product directors for gaming and sports as it continues to overhaul its management team.Cíara Nic Liam has been poached from William Hill, where she served as head of gaming, to serve as Betsson’s new gaming product director, while former Svenska Spel executive Joakim Thor will oversee the operator’s sportsbook as sports product director.“Both Cíara and Joakim have vast gaming experience from different parts of the industry,” Betsson chief strategy officer and acting chief product officer Peter Zäll commented. “With them joining Betsson, our product team is further strengthened and will stand even stronger for the future.”Liam held responsibility for all William Hill’s Gibraltar-based gaming products in her previous role, as a senior member of the operator’s management team in the territory. She joined William Hill in 2016, following a three-year stint as head of casino and games for Rank Group, and has also served as a product and games executive at Paddy Power.“Cíara has a proven track record of delivering strong results for the products she manages and ensuring revenue growth,” Zäll said of Betsson’s new gaming product director. “I look forward to having her on board.”Thor, meanwhile, most recently served as served as senior director of advisory services for professional services network PWC, advising clients on business strategy and digital transformation, having held the role since February 2018. Previously he spent six years at Svenska Spel, rising to the role of director of product management, responsible for all sports products and services.“Joakim showed substantial increase in online market share for the sports segment under his responsibility,” Zäll said of Thor’s tenure at Svenska Spel. “He also had a strong focus on improving the customer experience, which is always a focus for us at Betsson.”In related news, Joey Hurtado has been promoted to managing director of Betsson’s casino brands. Previously head of gaming and live, he has worked for the operator since 2017, following stints at GVC Holdings, Kindred Group and 888.“Joey has done a great job as head of gaming and live and with his vast experience in gaming I am confident that he will continue to deliver excellent results in his new position,” Zäll said. “This promotion is another example of the talent we have within our company and the possibilities there is to grow and develop professionally for those willing and able.”The trio of new appointments are the latest in an ongoing overhaul of Betsson’s management, designed to ensure the company can continue its growth once its Back on Track turnaround strategy concludes at the end of Q1, 2019. This has already seen Zäll poached from Svenska Spel for the chief strategy officer role, with Peter Frey to join from media corporation Bonnier News as chief product and technology officer. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Mobile Online Gambling Regions: Europe Nordics Sweden Casino & games 27th February 2019 | By contenteditor Email Addresslast_img read more

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888 rolls out new poker platform

first_img Topics: Casino & games Tech & innovation Poker Subscribe to the iGaming newsletter Online gaming operator 888 Holdings has expanded its service offering with the launch of next-generation poker platform ‘Poker 8’. 20th March 2019 | By contenteditor Casino & games 888 rolls out new poker platformcenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Online gaming operator 888 Holdings has expanded its service offering with the launch of next-generation poker platform ‘Poker 8’.Available to all new customers on the 888poker.com network, the cross-territory poker platform pledges to offer a more engaging experience to players.Poker 8 will be rolled out over a number of phases during the coming months.The first stage will involve the upgrade of 888poker tables for all new desktop players with enhanced graphics, a cleaner design and improved functionality, while multi-table players will benefit from easier transitioning between tables.Further upgrades will include improved graphics and enhancements to the lobby and mobile platform.“Over the coming months, all players will benefit from additional upgrades and improvements to our next generation poker platform and we’ll be taking on board customer feedback about the new features,” 888 Holdings’ senior vice-president of B2C, Guy Cohen, said.“Once the roll-out is complete, we believe our best-in-class platform will offer the most entertaining and engaging experience on the market.”The launch comes after 888 earlier this month completed its acquisition of JPJ Group’s Mandalay operating business in a bid to enhance to bingo offering. Following the deal, 888 has taken control of various bingo assets, including Costa Bingo, from JPJ subsidiaries Jet Management Group and Jet Media.Image: Lee Davey Tags: Card Rooms and Poker Online Gambling Email Addresslast_img read more

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Brazil to assess options after Lotex auction fails again

first_img29th May 2019 | By contenteditor Email Address Lottery Topics: Lottery Strategy Brazil’s much-delayed privatisation of the state’s instant lottery games business Loteria Exclusiva Instantânea (Lotex) has once again been postponed following a lack of interest in from potential bidders. Brazil’s much-delayed privatisation of the state’s instant lottery games business Loteria Exclusiva Instantânea (Lotex) has once again been postponed following a lack of interest in from potential bidders.Bidding for the tender, which has already been delayed numerous times – this is the second postponement in May alone – looked set to finally go ahead yesterday (May 28).However just a day before the planned auction was scrapped, due to few companies filing proposals to take charge of the concession.Instead the country’s Investment Partnerships Programme (PPI) said the government would enter into dialogue with the industry and explore alternatives before deciding on its next steps. Its ultimate goal remains to privatise Lotex and increase competition in the country’s national lottery market.Plans to privatise Lotex, which is currently operated by Brazil’s largest bank, Caixa Econômica Federal (CAIXA), have been in motion since 2017, as part of a drive to reduce the country’s fiscal deficit by selling off state assets.Under the plans, CAIXA will continue to operate traditional lottery games in the market, with the government originally aiming to raise more than $300m (£237.6m/€269.4m) from the sale of the Lotex tender. The winning bidder would hold the exclusive rights to offer online and physical instant win games in the country for 15 years.However the process has been fraught, with the tender auction rescheduled multiple times. The country’s newly installed president Jair Bolsonaro had pledged to complete the privatisation by the end of the first quarter of 2019, only for this to be pushed back to April 26, then May 9, and finally to May 28.While the privatisation has ground to a halt, there are signs that Brazil is making progress in modernising its gambling market. Last December outgoing President Michel Temer signed into law a bill that gave the country’s Congress a two-year window to develop a regulatory framework for sports betting in the market.Two bills to legalise online casino are under discussion in the Chamber of Deputies, the lower house of the Brazilian legislature, while a bill to legalise integrated casino resorts was introduced in Congress in February.Read more about the regulatory climate in Brazil in iGB’s latest e-zine, available here. Regions: LATAM Brazil AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Brazil to assess options after Lotex auction fails again Tags: Mobile Online Gambling Subscribe to the iGaming newsletterlast_img read more

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Danske Spil introduces mandatory deposit limits

first_img Danske Licens Spil, the regulated market subsidiary of Danske Spil, has made it mandatory for players to set deposit limits across all its igaming brands, effective today (July 2). Casino & games Danske Spil introduces mandatory deposit limits 2nd July 2019 | By contenteditor Topics: Casino & games Legal & compliance Lottery People Sports betting Subscribe to the iGaming newsletter Danske Licens Spil, the regulated market subsidiary of Danske Spil, has made it mandatory for players to set deposit limits across all its igaming brands, effective today (July 2).Effective today (July 2), customers must set daily, weekly and monthly maximum deposit limits for its Casino and Oddset brands. Customers will be unable to gamble via the sites until a limit is in place.Customers of the operator’s lottery and instant win games will have the option to set limits, though they will not be mandatory.Danske Spil has offered limit setting controls for a number of years, but noted that no more than 15% of players had taken advantage of the service.“We know from addiction experts that deposit limits are a tool that helps players better control their games,” said Niels Erik Folmann, chief executive of the operator’s igaming subsidiary Danske Licens Spil. “We want our customers to play with care and would like to help them be aware of their game consumption.”The new controls have been introduced in the wake of the Agreement on New Actions Against Gaming Addiction and the Game Agreement Adjustment, through which the Danish government committed to ensuring operators do their utmost to protect players. Among the measures, which were agreed in June 2018, was mandatory deposit limits.While Folmann noted that these controls had not yet been implemented, he believed there was “no excuse to wait” before they were brought into effect.The operator will closely monitor the limits customers put in place, and whether these are changed. Customers that set particularly high limits will be closely tracked.In addition, Danske Spil will also introduce online pop-up messages, or “reality checks”. These will inform customers of how much they have spent, and how long they have been playing, at set points.“We hope our customers will generally welcome the opportunity to be kept up to date with information about their gambling,” Folmann said. “In addition, studies show that a major challenge among problem gamers is that one loses the ability to track their habit. Pop-up messages may remind you that it may be time to take a break and do something else.”Pop-up messages were one of the initiatives set out in a new industry-wide code of conduct, developed by a number of Danish stakeholders in the wake of the new political agreements.The Danish Online Gaming Association (DOGA), in partnership with the country’s slot machine operator association Dansk Automat Brancheforening, and the country’s casino operator body Dansk Kasinoforening and the Aarhus-based Royal Casino were all involved in its drafting. Danske Spil and fellow lottery operators Klasselotteriet, Landbrugslotteriet and Varelotteriet also had input.“The mandatory deposit limit and pop-up messages will complement our general efforts in the area of ​​fraud prevention, where we, for example, also make preventative care calls to customers if we see signs of risky gambling behaviour,” Folmann added. “It is part of our responsibility as Denmark’s gaming company.“We look forward to following up on how our customers react to the new tools.” AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Europe Nordics Denmark Tags: Mobile Online Gambling Email Addresslast_img read more

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Sahara Nights by Yggdrasil

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Subscribe to the iGaming newsletter 24th September 2019 | By Aaron Noy Companies: Yggdrasil Topics: Casino & games Slotscenter_img Casino & games The Sahara Nights Yggdrasil slot game brings sticky wilds for the duration of Free Spins Mode, sultan big-win symbols, and extra free spins. For those who like high variance, this game will not disappoint! Five sultans pay x165 and getting 3 Sticky Wild Reels in Free Spins is not unheard of – A touch of magic goes a very long way in this high variance slot game. Sahara Nights by Yggdrasil The Sahara Nights Yggdrasil slot game brings sticky wilds for the duration of Free Spins Mode, sultan big-win symbols, and extra free spins. For those who like high variance, this game will not disappoint! Five sultans pay x165 and getting 3 Sticky Wild Reels in Free Spins is not unheard of – A touch of magic goes a very long way in this high variance slot game.You can play a demo of this slot here!last_img read more

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Hero Gaming launches new casino brand and lottery betting product

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Lottery Regions: Europe Nordics Sweden Swedish operator Hero Gaming has announced plans to launch a new flagship casino brand, Boom Gaming, as well as a new lottery betting product.Hero Gaming did not reveal many details about Boom Casino, but suggested the release would be at some point in 2020.A promotional video for Boom Casino said that game categories on the new brand will include video slots, Vegas slots, fruit machine slots and roulette, with games from suppliers Red Tiger and NetEnt.Meanwhile, Hero Gaming has also launched a new lottery betting product from its no-registration brand Speedy.The operator said that Speedy Lotto is the first ‘Pay and Play’ lottery betting product. Rather than requiring registration, players may use payment solutions such as Swish or Trustly.The SpeedyLotto website also includes online casino and live casino sections.Soon after the launch of SpeedyLotto in Sweden, Svenska Spel president and chief executive Patrik Hofbauer hit out at lottery betting companies, claiming that their continued legality is “incomprehensible”.Hofbauer said he hoped the Swedish Gambling Market Investigation Board (Spelmarknadsutredningen) considers a ban on lottery betting in its investigation into the country’s re-regulated market.“It is incomprehensible that [lottery betting] may continue,” Hofbauer said. “I can’t think of any other industry where it’s okay to use competing companies’ products as their own business. The shadow gaming companies cannibalise on well-known lotteries without owning the brands themselves that they market and sell.”Hofbauer added that he believed these products were confusing to customers, who may not realise they are not playing lotteries themselves. 29th November 2019 | By Daniel O’Boyle Tags: Online Gambling Swedish operator Hero Gaming has announced plans to launch a new flagship casino brand, Boom Gaming, as well as a new lottery betting product. Topics: Lottery Strategy Hero Gaming launches new casino brand and lottery betting product Email Addresslast_img read more

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Swedish court lowers Genesis and Aspire Global penalty fees

first_img Regions: Europe Nordics Sweden Finance Tags: Online Gambling 18th December 2019 | By contenteditor Topics: Finance Legal & compliance The Administrative Court in Linköping, Sweden, has ruled that penalty fees issued to Genesis Global and Aspire Global for breaching self-exclusion regulations in the country should be reduced. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter The Administrative Court in Linköping, Sweden, has ruled that penalty fees issued to Genesis Global and Aspire Global for breaching self-exclusion regulations in the country should be reduced.Swedish gambling regulator Spelinspektionen ordered Genesis to pay a penalty of SEK4m (£325,609/€382,757/$425,413) in March, while Aspire was issued a penalty of SEK3m in April related to its AG Communications Sweden subsidiary.Licensed operators in Sweden are required to integrate with the Spelpaus.se self-exclusion system as part of new laws that came into effect on January 1 when the country’s regulated online gambling market went live.According to the regulator, Genesis and Aspire, both of which hold licences in the country, did not adhere to these rules. Some consumers that had self-excluded said they were able to gamble on sites operated by Genesis, while AG and Aspire cited issues with integrating with Spelpaus.se as the reason for non-compliance.The Administrative Court agreed with the regulator that both of the operators should face punishment, stating Spelinspektionen was right to issue warnings and penalty fees.The Court also agreed with the decision to calculate the penalty fees based on each of the operator’s gross turnover, before paid profits. However, the Court estimated that each operator’s turnover was lower than the regulator had calculated, and therefore ruled the penalty fees should be reduced to reflect this finding.The Administrative Court has played a key role in legal disputes during the first year of regulated online gambling in Sweden, passing rulings on a number of cases.This month, an appeal against Spelinspektionen’s decision to limit Videoslots’ operating licence to a two-year term concluded with the operator having its licence extended to 31 December, 2023.Last month, Sweden’s Administrative Court rejected an appeal from Global Gaming to overturn a decision to strip its SafeEnt subsidiary of its licence in the country.Spelinspektionen also claimed victory in an Administrative Court case in October over its decision to award a limited licence to a number of online gaming brands owned and run by Cherry AB. Swedish court lowers Genesis and Aspire Global penalty fees Email Addresslast_img read more

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Iowa posts lowest full-month sportsbook revenue in December

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Iowa’s licensed sportsbooks took in a combined $2.9m in sports betting revenue, down 19.3% from November and the lowest for a full month since sports betting launched. Iowa posts lowest full-month sportsbook revenue in December Regions: US Iowa Iowa’s licensed sportsbooks took in a combined $2.9m in sports betting revenue, down 19.3% from November and the lowest for a full month since sports betting launched.This came despite handle declining only 0.1% month-on-month as bettors in the Hawkeye State enjoying their most successful month by far, in terms of winnings.Online betting revenue increased 20.5% to $1.8m and outpaced retail for the first time since sports betting launched in the state. That $1.8m came on an  handle of $33.5m, down 0.6% month-on-month.Retail revenue declined 48.9% to $1.1m, despite players wagering $25.8m, 0.1% more than in November.Read more on iGB North America. Financecenter_img Topics: Finance Sports betting Subscribe to the iGaming newsletter Email Address 10th January 2020 | By Daniel O’Boylelast_img read more

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Bacta to ban under-18s from Category D machines

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Bacta The games will remain available to play for adults inside all member venues, with Bacta saying family groups can still play in close proximity without segregation. Bacta to ban under-18s from Category D machines “However, our members understand that perceptions change and we want to ensure that we do everything possible to protect players.” Bacta chief executive John White added: “Category D fruit machines have been long considered as part of the entertainment offer associated with seaside holidays and a trip to the arcade. Regulators in the past have therefore not imposed an age restriction on them. Topics: Casino & games Slots Approved by Bacta Division 1 members at the organisation’s extraordinary general meeting this week, the proposal will be ratified at the annual general meeting on 26 November, before coming into effect from 1 March next year. 13th November 2020 | By Robert Fletcher “We take social responsibility extremely seriously and although Category D cash payout fruit machines operate at very low stake and prize limits which are predominately played by adults for fun and nostalgia, we wanted to do our utmost and limit any potential risks to gambling harm.” “Our members are all about providing fun and entertainment to the whole family as part of their annual holiday or day trip to the seaside,” Miller said. Subscribe to the iGaming newsletter Members of British amusement machine association Bacta will prohibit under-18s from playing Category D cash fruit machines in seaside arcades and family entertainment centres. Slots Bacta president James Miller said the new age restriction would send a message to customers that family seaside amusement arcades are safe environments for all families. Regions: UK & Ireland Email Addresslast_img read more

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