Claus Retschitzegger, President of The Austrian Association for Betting and Gaming (OVWG), has called for sports and betting leaders to unite behind Austria in adopting a ‘modern online gambling licensing system’. The OVWG published a statement calling for Austrian sports and parliamentary leaders to begin discussions on developing a modern governance framework for online gambling and sports betting services which …
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GVC Holdings’ Director of Regulatory Affairs Martin Lycka offers an insight into the lives of the gambling industry’s regulatory experts. _________ ‘Hic sunt leones’ – here are lions, is a phrase used in times gone by to denote unknown territories on maps. At the time of its first visionaries, there would have been no easier task than drawing a regulatory …
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Paddy Power states that the ‘dreaded B-word is back in British politics agenda’, as the bookmaker prices a No Deal Brexit as the likeliest outcome of the ongoing trade talks between the UK government and its EU counterparts. A week which began with The Financial Times reporting that PM Boris Johnson plans to override key conditions of Parliament’s approved EU …
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The European Union (EU) has been urged to improve and align standards and safeguards related to loot boxes’ design features and consumer interactions. The recommendation follows research undertaken by the EU’s committee on ‘Internal Market and Consumer Protection’ (IMCO), which analysed ‘loot boxes in online games’ and ‘their effect on young consumers’. The IMCO report has been described as the …
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Seeking to relaunch its gambling marketplace on 1 July 2021, Germany has submitted the revised framework of its Fourth Edition of the ‘State Treaty on Gambling’ to the European Union. Despite numerous revisions, the framework has yet to be ratified by the nation’s 16 federal Länder (states). The make-up of the treaty continues to be debated by regional MPs at …
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Online gambling trade body the European Gaming and Betting Association (EGBA) has underlined its support for regulatory authorities by placing a greater focus on social responsibility and safer gambling measures during the ongoing COVID-19 crisis. The Brussels-based organisation, which represents online gambling at an EU-level, has urged operators to counter political concerns by ensuring that consumers wager in safe and …
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Malta’s business community and trade unions have urged the government to rethink terms and conditions attached to its €1.8 billion COVID-19 ‘rescue package’. Last week, Malta’s new Prime Minister Robert Abela presented the Labour Party’s COVID-19 economic pledge, focusing on maintaining liquidity of Malta businesses. The Malta Treasury’s headline policy saw the government commit to a €1.6 billion liquidity fund which …
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A disruptive legal battle brews for all betting stakeholders, as last week Sportradar challenged the narrow structure of Betgenius and Football DataCo ‘exclusive live data’ deal. Regulus Partners warns leadership to follow legal proceedings closely, as all licensing and distribution dynamics of the betting’s data value chain will be placed under review. _____________ The 250th anniversary of the Boston Massacre is perhaps a …
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Andrew Lyman, Gambling Commissioner for the Government of Gibraltar, is confident that the British overseas territory will maintain its status as an online gambling hub navigating Brexit business complexities. Gibraltar’s Gambling Commissioner spoke to SBC News, as PM Boris Johnson’s new cabinet underlined that the UK will pursue no regulatory alignment with EU standards on business policy, immigration, worker protections, industry …
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The European Gaming and Betting Association (EGBA) has launched an industry consultation to gain valuable insights about how to design and develop a code of conduct on GDPR compliance for European online gambling incumbents. In May 2018, the European Union enforced its GDPR frameworks across member states, protecting the personal data of individuals and further streamlining its policy overseeing the digital exchange of information. …
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