Spillemyndigheden, the Gambling Authority of Denmark, has announced that Tipwin has accepted a fine of DK 100,000 (€15,000) for AML failures found across its business. The penalty enforcement follows the conclusion of a year-long investigation by the Danish Police into Tipwin’s failures to maintain the rules and standard practices of Denmark’s Anti-Money Laundering Act. Spillemyndigheden reported Tipwin to the police …
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TipWin Limited has had a regulatory order annulled by Spillemyndigheden, Denmark’s gambling authority Yesterday, Spillemyndigheden disclosed that it had annulled an order demanding TipWin to retrain staff as a requirement of Section-8 (6) of Denmark’s Anti Money Laundering Act. This summer a Spillemyndigheden investigation uncovered a litany of AML deficiencies at multiple TipWin betting venues across Denmark. The investigation cited …
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The Danish Gambling Authority (DGA), Spillemyndigheden, has blocked 82 websites for operating illegal gambling services, the largest single number in its history. This brings the total number of blocked illegal websites to 227 since the implementation of the current Gambling Act in 2012, with the latest 82 including both sports betting and casino platforms. All the DGA’s blockings have been …
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Spillemyndigheden – Denmark’s Gambling Authority has reported Tipwin to the police for breaching multiple terms of the country’s Anti-Money Laundering Act. Tipwin is accused of significant Danish AML Act failures related to the risk assessment, business procedures and financial supervision of its retail venues operating across Denmark. Of utmost concern, Spillemyndigheden stated that the bookmaker had carried out no customer …
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“The third quarter of 2020 has delivered a significant step forward for GiG as a B2B focused organisation,” wrote CEO Richard Brown, as the company’s quarterly revenues reached €17.9m with EBITDA of €3.2m. Adjusted revenues were recorded at €14.2m – an increase of 42% from €10.0m year-on-year, while EBITDA was up by €3.6m. This growth, said Brown, was complemented with …
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Gaming Innovation Group (GiG) has continued its ‘B2B drive’ after announcing that it has secured a multi-services agreement with Tipwin Ltd to serve as the DACH region operator’s lead casino platform and data intelligence provider. Updating the market, GiG confirmed that it has signed a ‘minimum contract term of three years’, in which it will provide Tipwin’s new online casino …
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Tipwin will be the new premium partner of Bundesliga team, Eintracht Frankfurt for at least three years until June 2021. Alongside ensuring that the Tipwin logo is extensively placed within the stadium, the agreement includes a TV-relevant appearance in further advertising media during the home games of Eintracht Frankfurt. Dr. Damir Böhm, Head of the Legal Department at Tipwin and …
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