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On March 27, 2023, the Entain Foundation, a non-profit organization backed by global sports betting, gaming, and interactive entertainment group Entain, announced its commitment to funding the Alumni Project of Gordon Moody. This UK charity offers treatment for gambling addiction. The two-year program will create a network of formerly treated problem gamblers who will mentor and support others undergoing treatment. In addition, the project will offer paid positions for alumni and a steering group to enhance treatment programs. Entain has been supporting Gordon Moody for six years through donations, provision of resources, and promotion of treatment programs. The project will cost £740,000 and will be fully funded by the Entain Foundation. It will begin in April under the guidance of Gordon Moody's Head of Service Development, Clinical Director, and Clinical Governance Committee members. Barry Gibson, Chairman of Entain, said: We have been proud and active supporters of Gordon Moody for several years now and are delighted to continue that support with the charity’s Alumni Project funding. This is in addition to the more than £40m we have voluntarily donated to GambleAware, who commission treatments for gambling addiction across England, Scotland, and Wales, free at the point of delivery. Gordon Moody’s Alumni Project will be the first time that those who have completed their treatment can support those seeking treatment. It will provide people most at risk from gambling harm with direct support from those who have been in their position and recovered. Matthew Hickey, CEO of Gordon Moody, said: The Alumni Project will help Gordon Moody reach more people who need our support by putting the voice of lived experience at the heart of our engagement and residential services. Support from the Entain Foundation is crucial to help Gordon Moody grow its services and meet the demands of those needing treatment and support. We are delighted to continue our work with Entain and for their ongoing support and financial donations. Gordon Moody is a registered charity established in 1971, with over 50 years of experience providing residential support and treatment for individuals with severe gambling addiction. The organization operates residential treatment centers throughout the UK and relies on donations and grants to fund most of its services. While GambleAware provides the majority of funding for treatment, Gordon Moody also accepts donations from individuals and companies to support their work. The residential treatment services offered by the charity are generally free, though small contributions may sometimes be required for rent. The funding for these contributions is mainly provided through welfare benefits. For additional information, support, and donation links, please visit the Gordon Moody website at gordonmoody.org.uk About Entain Foundation The Entain Foundation was established to manage and facilitate Entain's ESG and CSR initiatives, objectives, and donations worldwide. The Foundation concentrates on four key areas: safer betting and gaming, grassroots, women's, and disability sports, diversity in technology, and community projects directly connected to Entain's major office locations.
The UK Gambling Commission has fined three gambling businesses affiliated with William Hill a UK record amount of £19.2m due to a range of failures related to anti-money laundering practices and social responsibility. WHG (International), the operator of williamhill.com, has been fined £12.5m, while Mr. Green will pay £3.7m, and William Hill Organisation, which operates over 1,344 British land-based premises, is to pay £3m. The regulator says the failings were "so widespread and alarming" that "serious consideration was given" to suspend the parties' licenses. However, the UKGC imposed the "largest enforcement payment in our history" after the three businesses "worked with us to swiftly implement improvements." Examples of failures include allowing customers to open new accounts, spending large sums of money without checks, and not identifying players at risk of gambling-related harm. The Gambling Commission found that William Hill Organisation was responsible for customers being able to stake large amounts of money without being monitored or scrutinized to sufficiently high standards. However, the regulator added that it is starting to see indications of improvement from the industry. Cost and Effect The £19.2m fine imposed on three William Hill gambling businesses by the UK Gambling Commission for anti-money laundering and social responsibility failures is a significant development in the ongoing efforts to regulate the gambling industry. The scale of the fines and the serious nature of the breaches indicate that the Gambling Commission is taking a tougher stance on gambling operators who fail to meet regulatory standards and is willing to consider more severe sanctions, such as license suspension if necessary. The fact that the businesses involved have worked with the regulator to implement improvements is a positive sign that the industry is taking these issues seriously and that operators are starting to take steps to address the risks associated with problem gambling and money laundering. However, the regulator's findings highlight the need for ongoing vigilance and effective controls to prevent customers from gambling irresponsibly and protect against criminal activity.
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White Label Operator TGP Europe Fined £316,250 by Gambling Commission for AML and Social Responsibility Failures.In a recent development, TGP Europe, a white-label operator, has been fined £316,250 by the Gambling Commission for several anti-money laundering (AML) and social responsibility failures. In addition to the fine, TGP Europe has received an official warning. Furthermore, its license has added conditions specifying the actions that must be taken to ensure thorough due diligence checks. Despite triggering multiple safer gambling alerts, the Gambling Commission has accused TGP Europe of allowing customers to continue gambling without intervention. The operator allegedly relied on automated interactions with consumers when these alerts were triggered without assessing their effectiveness or exploring alternative approaches, such as telephone interactions. The licensee cooperated with the Commission throughout the investigation and took corrective steps to address the identified failings. Said Andrew Rhodes, Chief Executive of the UK Gambling Commission. The social responsibility failures of TGP Europe have resulted in significant consequences, including the imposed fine, official warning, and license conditions. Accordingly, the operator is expected to take necessary measures to rectify the identified shortcomings and ensure future compliance with AML and social responsibility regulations. UKGC Fines TGP Europe £316,250 for AML and White Label FailuresTGP Europe, a white label operator, has been fined £316,250 by the UKGC for multiple anti-money laundering (AML) and white label agreements failures. The Commission has identified several shortcomings, including inadequate AML assessments, failure to mitigate risks associated with B2B relationships, and ineffective policies for due diligence in white-label agreements. The UKGC has stated that TGP Europe did not conduct thorough assessments to address risks such as players providing false or stolen identification and risks associated with unusually large transactions. In addition, the company was found to be lacking in considering and mitigating money laundering risks associated with its B2B relationships. It was deemed to have ineffective policies and procedures for due diligence before entering into white-label agreements. TGP Europe operates 19 websites through various white-label deals, including several Asian-facing gambling companies such as Leyubet.co.uk, Fun88.co.uk, and Oubao.co.uk. The operator also runs UK websites for several crypto casinos, such as Stake.uk.com and Duelbits.co.uk, although crypto betting is currently illegal under UK law. However, the white-label agreements allow these businesses to advertise and receive authorization to sponsor sports teams legally. The imposed fine, along with the disciplinary action by the UKGC, highlights the need for improved AML measures and due diligence in the operations of white-label operators like TGP Europe. Furthermore, it serves as a reminder for the gambling industry to comply with regulations and mitigate risks associated with money laundering and other illegal activities.
Wazdan, the innovative online casino games provider, has expanded its presence in the UK market through a new partnership with 32Red, a well-established online casino operator. As part of the deal, 32Red customers can now enjoy a wide range of immersive content from Wazdan, with games delivered in batches. The initial batch includes popular titles like 9 Coins™, Burning Sun™, Hot Slot™: 777 Crown, Dwarfs Fortune™, and Hot Slot™: Mystery Jackpot Joker. In addition, Wazdan plans to offer additional top-performing titles, such as Power of Sun™: Svarog, Sizzling Eggs™, and Hot Slot™: 777 Rubies, featuring engaging mechanics like the Hold the Jackpot bonus round and Cash Infinity™ feature. This partnership with 32Red marks another significant content deal for Wazdan in the UK as the company continues expanding its market presence by collaborating with top-performing brands. Andrzej Hyla, Chief Commercial Officer at Wazdan, expressed excitement about the expansion, stating, "We're extremely excited to be expanding our presence within the UK, especially with an online casino as acclaimed as 32Red." Hyla also praised 32Red for its consistent success and high standards, making it one of the UK's best-known gaming companies. Adam Newnham, Commercial Operations Manager at Kindred Group Plc, which owns 32Red, also expressed enthusiasm about the partnership, stating, We always aim to provide the best for our players, and Wazdan's portfolio of games is sure to be a massive success on 32Red. Newnham added that they are delighted to bring Wazdan's engaging and diverse titles to their platform, and they look forward to delivering more Wazdan releases soon.With this new partnership, Wazdan continues expanding its presence in the competitive UK market, offering exciting gaming options to players through its innovative and high-quality games, further solidifying its position as a leading games provider in the online casino industry. About Wazdan: Wazdan, a top casino games development company with over ten years of industry experience, is fueled by passion and ongoing innovation. Comprehended for delivering the highest-quality online slots and tools that boost player engagement and deliver proven results, Wazdan's titles are certified in over 20 jurisdictions worldwide, including Malta, the United Kingdom, New Jersey, Michigan, and more. With a diverse portfolio of over 150 highly-engaging HTML5 slots and over 18 annual releases, Wazdan contributes to the modern iGaming industry by elevating the standards of immersion, customization, and player experience. Some of Wazdan's top-performing titles include Magic Spins™, Sun of Fortune, 9 Coins™, Fortune Reels, 9 Lions, Sizzling 777 Deluxe, and Power of Gods™: Hades. As a constantly growing company, Wazdan's novelty releases quickly outperform their previously best titles. In addition, they continuously expand their top-tier player engagement suite, offering innovative features like Volatility Levels™, Hold the Jackpot, Collect to Infinity™, Cash Infinity™, and more.Wazdan is seeking state-of-the-art mechanics and cutting-edge solutions that offer maximum value to players and partners.
BetGames expands operations in the UK with New UKGC Licences and Launch of Innovative Twain Sport12th April 2023: Leading live dealer and betting games studio, BetGames, has obtained multiple new licenses from the UK Gambling Commission (UKGC), allowing for significant expansion in the UK market. The latest approvals include licenses for Betting Host for Real Events, Betting Host for Virtual Events, and BetGames' existing Gambling Software and Casino Host licenses for the UK.With these new certifications, BetGames is now poised to offer its innovative games portfolio to all licensed UK operators, with initial launches set to be announced shortly. BetGames' highly anticipated Twain Sport, a unique and fast-paced sports betting offering, will be the first new product to hit the UK market. Twain Sport is a short-form, basketball, and football action game that operates 24/7, offering non-stop 60-second matches every two minutes, totaling 1,440 matches per day and 43,200 per month. This one-of-a-kind product is designed to cater to millennial and Gen-Z demographics with a low-staking, regulation-friendly format. BetGames' CEO, Andreas Koeberl, expressed excitement about the new UKGC licenses, stating, Our latest UK approvals are going to be an absolute game-changer for us. Live since October 2022; Twain Sport has already proven a resounding success, deployed with 45 operators globally in just six months, with 20 more contracts currently under negotiation. Koeberl added, Our mission at BetGames has always been to offer unique products for the iGaming industry. With Twain Sport, we have something truly special for the UK market - the first-of-its-kind high-turnover sporting action that will be the perfect cross-sell for sports betting and casino fans. Perfect for the new low-staking regulatory environment in the UK, we can't wait to see how it performs! Learn More About BetGames - Innovators in Live Dealer Fixed-Odds Betting GamesBetGames is a leading provider of live dealer fixed-odds betting games, known for its cutting-edge innovation in the iGaming industry. The company has received numerous accolades, including the 2019 SBC Award for 'Rising Star in Casino Innovation,' 'Live Casino Supplier of the Year,' and 'Leader of the Year' at the 2020 SBC Awards. Their impressive client base includes well-known operators such as Entain, Betway, Hollywoodbets, STS, and Parimatch. Introducing Twain Sport - Reinventing Short-Form Betting EntertainmentTwain Sport, launched in an exclusive partnership with the Hybrid Sports League and BetGames, is set to revolutionize the world of sports betting entertainment. This unique vertical offers thrilling 60-second matches in custom-built arenas, providing players with a high-frequency and engaging betting experience.Maintaining multiple layers of risk management to ensure the highest level of integrity, Twain Sport aims to bridge the demand for increased entertainment within sports betting.
One of the leading companies in the sports broadcasting niche, iGameMedia, has partnered up with THEO Technologies to bring out a brand-new low-latency solution for sports streaming. The new product is planned to go live in May 2023, and it will be available exclusively at bet365. So far, the industry standard for streaming was HLS, with a latency of seven to eight seconds. At the same time, the data feed for the betting markets moves at around 1-2 seconds, limiting the usefulness of live video streams. The new solution developed by the two companies aims to rectify the situation, significantly lowering the latency and aligning the video streams with data feeds. A New Generation Product The new product will be delivered to the partners via iGameMedia's One Platform API, allowing for simple integration. The API is integrated with all leading Sports Rights holders, mapping event IDs from multiple vendors into a single ID. iGameMedia partners will have access to this new platform that will feature ultra-low latency of just two seconds. For those who require it, the company will also offer streams with sub-second latency. All this will lead to a significantly improved user experience. 15 Years in the Making According to Mike Cobain, iGameMedia's Chief Executive, the company has been working on developing a sub-second streaming solution for close to 15 years, and they are delighted about the partnership with THEO Technologies, whose HESP protocol provides the only currently viable solution for low-latency streaming at the required scale. HESP is also a segment-based protocol with many convenient features, including the ability to respond to poor network conditions, seamlessly switching to a lower bit rate. iGameMedia is now ready to launch the product with bet365 and Infront Bettor, a rights agency, providing the first full-scale low-latency B2C solution in the industry. Introducing iGameMedia iGameMedia is a trailblazing company that leads the global market in collecting and sharing live sports events with the sports betting industry. They deliver some of the most renowned sports events from the stadium to the customers to provide their partners with the ultimate user experience. Their cutting-edge ultra-low latency OTT streaming platform, ONE Platform, has been specifically designed for the sportsbook market. This Platform is a content aggregation and integration solution that delivers all digital sports content provisions via a unified content API. In addition, they offer 100% fixture mapping consistency across critical content providers, making it easier for users to access and engage with the content they want. About THEO Technologies At THEO Technologies, they strive to revolutionize video streaming over the Internet. Their flagship product, THEOplayer, empowers top media and entertainment companies to offer state-of-the-art video playback on any device. They have also developed the High-Efficiency Streaming Protocol (HESP) and are among the founding members of the HESP Alliance. Their most recent innovation, THEOlive, is the first HESP-based real-time video API on a large scale for interactive entertainment, sports betting, and iGaming. It enables its users to deliver high-quality sub-second latency video to any audience size. About bet365 bet365 is the largest online sports betting company globally, with an annual sportsbook revenue of nearly $4 billion and over 6,000 employees worldwide. Their world-class proprietary product offers the industry's most extensive range of in-play sports betting events, with over 80 sports and over 780,000 live video-streamed annually. They cater to 88 million registered customers in over 160 countries worldwide.
Yggdrasil, the premier publisher always at the forefront of iGaming innovation, has released its latest title, Devour the Weak, set to wreak havoc and terrorize players. This 5-reel, 243 payline slot introduces an avalanche mechanic where all winning symbols and any of equal or lesser value are destroyed. This paves the way for new ones to come into play and create new wins, adding another layer of excitement by allowing players to form multiple winning combinations. What's unique about Devour the Weak is that every symbol has its hexed version, and whenever one of these is gone after a winning spin, a wild will appear in its place. Destroying six hexed symbols in a single avalanche will automatically award players ten free spins. During free spins, an increasing win multiplier that starts at x6 comes into play and can reach a maximum of x666 after multiple winning avalanches.If any hexed symbols land on the middle three reels during free spins, they automatically turn into wilds, leading to wins as high as 10,000x the player's stake. To make things even more exciting, players can activate the Golden Bet gives them an additional one of the six hexed symbols needed to trigger the free spins for 1.5x their normal bet. Those looking to increase their chances of winning can also use the Bonus Buy for 100x the bet for free spins with a 7x multiplier or x666 bet for an x33 multiplier. Stuart McCarthy, Head of Product & Programs at Yggdrasil, said, This exciting new slot isn't for the faint of heart, with a great theme featuring demonic nicely designed characters for an immersive experience. We can't wait to see players devour low-paying symbols and start racking up impressive wins via hexed icons, win multipliers, and free spins. Yggdrasil is known for its expertise in the online gaming market and is a pioneer in innovation, delivering industry-first initiatives such as the award-winning promotional toolset BOOST™. Yggdrasil's games are super fun, according to real players' feedback, operators' feedback, and partners worldwide, and the company continues to focus on innovation, creativity, quality, and technology leadership. Yggdrasil's headquarters are in Sweden, with operational HQ in Malta and offices in Poland and Gibraltar.
The genesis of the regulated online gambling industry as we know it today is mainly due to the progressive stance taken by the UK government. It was the 2005 Gambling Act that established the Gambling Commission (UKGC) and set the tone for the licensing and regulation that has allowed the industry to gain legitimacy worldwide. A Slow Burn Review Process However, the Gambling Act did not receive any notable updates or amendments since then, resulting in the UK falling behind its peers in many respects. A review of the act was run from December 2020 to March 2021, with more than 16000 submissions commenting on the current state of play and providing feedback on where it could be enhanced. In a concerted effort to create fair and sustainable amendments to the Gambling Act, various ministers, officials, and other stakeholders have spent the last two years meeting to debate how best to proceed. This process has had industry pundits fearing the worst as the UKGC had garnered a reputation for decision-making that served neither the players nor the business aspect of the industry as they enforced knee-jerk responses to short-term challenges. A Far Brighter Light Than Expected Despite these concerns, reviews of the whitepaper on the proposed amendments have been surprisingly positive. One industry expert said: “For the gambling industry, these measures are not as bad as once feared”. The general consensus is that the larger gambling sector will be much better served despite imposing limitations on operators. Here are some of the highlights of the proposal: Enhanced player protections: These will include financial vulnerability checks at predetermined loss and deposit levels. Improved player-centric tools: The Commission wants to make player-set deposit limits mandatory to help curb unexpected losses and compulsive behaviours. Limitations on high-loss games: The report proposes limiting stakes on video slots to between £2 and £15 per spin. Players aged 18-24 will automatically be limited to the lowest possible stakes as they are deemed vulnerable. Suppressing the lure of high-value prizes: The government felt the 2005 Gambling Act did not consider “prize draws which offer significant prizes such as a luxury home or car” and intends to impose regulations to address these incentives. With the UKGCs increased focus on protecting players from gambling harm, these measures are well within expectation and, in many cases, impose far lighter restrictions than anticipated. Plans to Super Charge the Commission A repeated concern with the actions of the UKGC under the existing Gambling Act is their apparent nonchalance towards the growing threat of unlicensed operators. Based on the proposal, the government was paying closer attention to this than we realised. The official statement says: “The threat of an online gambling black market does not mean we should avoid tightening controls on licensed operators. However, the threat does exist and could undermine the licensing objectives.” The plan will increase the Gambling Authority's scope to limit access to unlicensed sites and increase market channelling. The two essential action items will legally require internet service providers (ISP) to block access to unregulated gaming sites. The same will be true for payment providers who would be banned from processing deposit or withdrawal requests relating to unlicensed sites. Land-based Gambling Win While most of the upcoming amendments look at limiting online casinos and games of chance, the land-based gambling sector saw a massive relaxation in one key area – betting.Richard Williams of Keystone Law said: Overall, this is good news for the land-based gambling industry at the expense of the online industry. Casinos will be delighted with the proposals to offer sports betting, which has always been a strange restriction. In addition to allowing casino license holders to offer sports betting, the Commission will also free up dormant casino licenses to allow new operators to enter the market, increase the number of games allowed on gaming premises, and allow casinos to offer credit facilities to non-UK residents to bolster local venue revenues.
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