Category Archive : gambling

Betway fined £11.6m for VIP failings

Betway will pay a Gambling Commission fine of £11.6m ($14.8m) after being found guilty of a series of failings in relation to its VIP customers.

In an investigation into the operator’s high-spending customers, the Gambling Commission found multiple cases of “social responsibility and money laundering failings.”

In one case, Betway failed to carry out social responsibility interactions with a customer who deposited and lost £187,000 in two days.

In a second instance, the operator did not carry out adequate source of funds checks on a VIP customer who deposited over £8m and lost over £4m in a four-year period.

Due to a lack of affordability and source of funds checks, the Gambling Commission calculated Betway had allowed £5.8m to flow through the business “which has been found, or could reasonably be suspected to be, the proceeds of crime.”

In addition to its £11.6m fine, Betway must implement measures to ensure improvements are made.

Richard Watson, Executive Director of the Gambling Commission, said: “The actions of Betway suggest there was little regard for the welfare of its VIP customers or the impact on those around them.

“We have set tight deadlines for when we expect to see progress and if we do not see the right results then we will have no choice but to take further action. This case highlights again why progress needs to be made.”

When Gambling Insider contacted Betway for comment, CEO Anthony Werkman said: “Betway takes full responsibility for the small number of historic cases which have led to this settlement. We have fully cooperated with the investigation and will take further proactive steps to ensure all recommendations and findings are implemented.

“As a responsible, licensed operator, extensive work has and will continue to be undertaken to greatly enhance our compliance systems, policies and processes. We have disbanded our VIP program in recognition that tighter controls were needed to ensure our customers were using our services responsibly.

“Betway has no interest in profiting from any stolen funds wagered on its sites. Where we establish stolen funds have been used, we will ensure the victim is fully reimbursed. For all other cases, donations are made to charities focused on socially responsible initiatives.”

RELATED TAGS: Online | Land-Based | Industry | Sports Betting | Legal & Regulatory | Casino

Meet the Professor in Pragmatic Play’s latest slot

Pragmatic Play, a leading content provider to the gaming industry, has released yet another thrilling creation, The Wild Machine.

Pragmatic Play’s exciting new title features a 5×5 grid with four unique wild machines at four points of the reels, which can randomly expand into wilds either across or down the board, creating massive win potential.

The game’s bonus feature takes the form of a ‘Wonder Wheel’, where players can be awarded a cash value or trigger the free spins mode. With two modes, the Gold Foundry or Diamond Forge spins, players are given an option to pick their chosen method. The Wild Machine’s bonus rounds give players a huge opportunity to win life-changing amounts.

Melissa Summerfield, Chief Commercial Officer at Pragmatic Play, said: “The Wild Machine is an exhilarating new addition to the Pragmatic Play portfolio. With its quirky theme and fun gameplay, combined with random-trigger features and a lucrative bonus round, The Wild Machine will be manufacturing fantastic Pragmatic Play slot experiences for fans worldwide.”

The Wild Machine is the latest title in Pragmatic Play’s growing slot portfolio, with the provider releasing four new titles a month, joining an already established portfolio of award-winning titles including Wolf Gold, John Hunter and the Aztec Treasure, and Sweet Bonanza.

The provider’s entire portfolio of video slots, bingo, and other games is available to its operator partners via one single API.

We see much more growth coming from the UK

Entering the UK is an important step to help to boost growth for Pragmatic Play, according to its Vice President.

Through a partnership with platform provider SkillOnNet, the supplier launched its live casino in the UK for the first time in January.

And despite several brands being forced away from the market in recent months due to tightening regulation, Vice President Lena Yasir told Gambling Insider the UK is a jurisdiction Pragmatic Play has been following for some time, tailoring its product to break into the market.

She said: “The UK is a really big market in the gaming industry. For us it’s a market we’ve been very interested in exploring, which is why we’ve paid huge focus and attention to making sure that all our products are compliant for the UK market.

“We’ve seen really good growth in the UK, both in slots and now in live casino since our product has been certified there. We’re just starting, but we see much more growth coming from the UK.”

In terms of standing out in a crowded market, Yasir is adamant innovation and speeding up game-time is crucial, which has led to several new products in the past few months.

This includes an Auto-Stand feature for live blackjack, decreasing the duration of the game by 25%, and Bingo Blast, cutting down game time until the final 20 seconds.

She said: “Innovation is key, you need to stand out. It’s a very competitive market and everyone is almost offering the same thing. If you’re not innovative, if you don’t think outside the box, it’s going to be very hard to attract new clients and get your current clients to push your content.

“With all our products, we want to make sure our product is engaging, exciting and immersive; and has a different unique touch to it to make it stand out.

“Our blackjack feature is quite unique in the market and now we can say we have the fastest blackjack game in the market right now.”

While Yasir said entering into more regulated markets is something Pragmatic Play is keeping an eye on, with this strategy comes the increased challenge of adhering to regulation.

She said: “The main challenge we and everyone has is the regulations that are put in place, especially with the UK and Swedish regulations.

“These are obviously challenges for every game provider to make sure they’re on top of things, have a good compliance team to make sure their requests go through; so once it’s regulated we don’t lose any traffic and make sure we go in compliant with our products and with our full portfolio.

“We’re going into South America and keeping an eye on Europe but regulated markets are our main focus. Any regulated market that is on the horizon, we are there investigating and making sure we’re ready for it.”

New dates for CasinoBeats Malta and Betting on Sports America

SBC Events has announced that it has delayed two of its international gambling conferences as the global situation around the COVID-19 outbreak continues to develop. 

CasinoBeats Malta, the dedicated gaming conference and exhibition organised by SBC Events, at the Intercontinental Hotel in Malta will now be held on 22-24 June 2020. Betting on Sports America at the Meadowlands Exposition Center in Secaucus, New Jersey, has been moved to 1-3 December 2020.

A statement by SBC Events said: “While the global COVID-19 situation evolves and the official advice and restrictions concerning travel and public gatherings continue to change, we feel we have no alternative but to postpone both events until later in the year.

“The changing situation and the fact that an increasing number of industry organisations are introducing their own travel bans for staff, means that both CasinoBeats Malta and Betting on Sports America would have been severely impacted had we not made the decision to postpone them until later in the year.”

All tickets will be transferred to the new date automatically. Delegates should contact SBC Events at [email protected] with any questions.

The dates for Betting on Sports Europe, being held at Stamford Bridge in London on 2-4 June 2020, currently remain in place while the global situation develops.

ASA bans two Profit Accumulator advertisements

Two advertisements posted on Instragram by Profit Accumulator have been deemed irresponsible and banned by the Advertising Standards Authority (ASA).

Profit Accumulator is a paid-for service that provides its members with information on promotional offers and directs them to specific bets for the purpose of matched betting.

The first advertisement featured the text “COLOSSAL WIN 2,380.50” alongside the caption “Absolutely amazing win from one of our members 12 minutes ago.”

The post’s hashtags were “#makemoney #income #makemoneyfromhome #extraincome #students #sahm #extramoney.”

In the second banned advertisement, Profit Accumulator posted a review, which said: “In one month I have gone from a person struggling to stay afloat who is worrying about their MOT, bills etc to completely flipping my financial position.

“Could not have got to this position without match betting, and without the guidance of Profit Accumulator.”

The complainant believed the advertisements suggested matched betting could be a way to achieve financial security.

Although the ASA acknowledged Profit Accumulator was not itself a gambling company, it concluded the purpose of the service was to facilitate gambling.

With this in mind, the ASA ruled that the advertisements must not appear again in their current form and advised Profit Accumulator not to imply matched betting could be a solution to financial concerns.

Habanero continues LatAm expansion with Betjuego

Premium slots and table games provider Habanero has announced its latest deal as part of its increasing LatAm presence, signing with major Colombian operator Betjuego.

Combining the very best in European iGaming technology with traditional Colombian flair, Betjuego boasts an action-packed portfolio comprising live betting, sportsbook and casino games.

Since launching a year ago, Betjuego has already cemented itself as a key player in the Colombian market, thanks to its platform’s ease of use, with commercial agreements via local partners totaling more than 15,000 betting points in the country.

The platform’s product offering is now set for a further boost with the addition of almost 60 Habanero HTML5 slots and table games titles, as well as its advanced marketing and customer retention tools, including its high-performance configurable tournaments. 

The latest deal for Habanero as part of its ambitious plans for LatAm in 2020, the partnership extends Habanero’s rapidly increasing player reach across the continent. 

Commenting on the deal, Vera Motto, Business Development Executive at Habanero said: “We are delighted to partner with such a dynamic, up-and-coming operator as Betjuego. The company operates one of the simplest and fastest-growing iGaming platforms in Colombia, and we’re proud to be counted as one of its key suppliers. We are confident that our innovative and fresh content will thrill Betjuego’s players.

“Now certified in 17 territories around the globe and counting, this agreement further strengthens our footprint in yet another exciting emerging market. Stay tuned for plenty more exciting news to come.”

Stefano Tino, Managing Director at BetJuego, added:Habanero’s immersive gaming content has a proven track-record of popularity with a wide variety of players, so we are thrilled to have the innovative supplier on board.

“We’re sure that its premium game catalogue will provide a welcome addition to our state-of-the-art platform and casino offering, and we look forward to a productive, long-term relationship.”

Ready to build on an outstanding 2019, the specialist provider aims to continue its rapid expansion across Europe and South America in 2020 by creating the industry’s most engaging and immersive content.

GAME (Gaming & Affiliate Marketing Expo) 2020

With the most part of April being absorbed by Easter and school holidays in Greece, the Eventus International team has decided to move the date for GAME 2020 to ensure that nothing stands in the way of optimal local and international attendance to this inaugural event,

GAME 2020 will now be taking place on Monday, 27 April 2020 at the luxurious Royal Olympic Hotel in Athens. Held in the beautiful Panorama Hall with a view of the Temple of Zeus, National Gardens, the Acropolis, Hadrian’s Arch and the Ancient Stadium, conferencing and networking certainly does not get any better than this!

Mark the date! Book your place at GAME 2020 now to gain expert knowledge on the most current status of the gaming industry in Greece and uncover how you can grow your business in this vibrant, evolving market.

To book your seat, register at https://www.eventus-international.com/game

We are proud to introduce 1XBET, our lanyard sponsor for GAME 2020. 1XBET is an international bookmaker with over 10 years of experience. It is one of the most rapidly developing companies in the betting industry. They offer an in-house agent scheme and an affiliate program, and support more than 250 payment solutions from all over the world.

Contact us now to find out how your company can benefit at GAME 2020:

Contact Eventus International’s Marketing Director, Lou-Mari Burnett, to grow your business in Greece and beyond with our sponsorship and exhibition packages for GAME 2020.

Lou-Mari Burnett

Marketing Director 

Eventus International

Email: [email protected]

Phone: +27829075850

SPICE India 2020 to Continue as Scheduled on 25-27 March 2020

The Eventus International team is closely monitoring developments relating to COVID-19. Based on our recent assessment and after consultation with our advisors and key stakeholders, SPiCE India (Strategic Platform for iGaming Conference & Exhibition) 2020 is on track as per schedule, from 25-27 March 2020, at the Goa Marriott Resort & Spa.

Our Strategic Advisor in India, Jay Sayta, had the following to say:

No one has been tested positive for COVID-19 in Goa to date and the situation appears to be normal. The government has however advised that everyone remains careful about their health and follows basic norms of hygiene at all times.”

With a power-packed 3-day event consisting of a pre and post event party, awards ceremony, poker tournament and over 40 speakers, SPiCE India is expected to be the biggest gaming event in India to date!

Book your place at SPiCE India 2020 now and

  • discover the current gaming regulatory framework in India
  • uncover commercial opportunities
  • collaborate with industry counterparts
  • expand your business footprint in this region

To register your attendance, click here: https://www.sportsbettingevents.com/spice-register

Wishing everyone safe travels, stay healthy and we look forward to seeing you in Goa soon!

For more information on how to travel safely, visit World Health Organisation at https://www.who.int/

We welcome our speaker lineup and latest sponsors and exhibitors!

Eventus International  brings you the first edition of iGaming Germany summit taking place on 5 and 6 May 2020 at Wyndham Garden, Berlin Mitte.

iGG (iGaming Germany) is expected to bring you the latest insights in the industry from global experts in the field. The Eventus International team is excited to add the following names to our lineup of industry leading international speakers:

  • Christoph Engelmann, Counsel, DLA Piper
  • Daniel Gruederich, CEO and Founder, Sportsbookcloud
  • Frank Herold, Member of the Board, EMIRAT
  • Jack Symons, Co-Founder & Director, Gamban
  • Jan Feuerhake, Salary Partner, Taylor Wessing
  • Kristof Szucs, Online and Offline Gambling Specialist
  • Mark Dieckmann, Managing Director, GOAL ENTERTAINMENT GmBH
  • Peter Murray, Director, Alexem Services
  • Tal Zamstein, Managing Director, Lowen Play Digital
  • Tony Allen, CEO, Age Check Certification Scheme

The summit will cover the following topics:

  • Legislation and regulation
  • Gambling regulation reform outlook
  • Gambling advertisements
  • Responsible gaming programme
  • Payment blocking and restrictions
  • Marketing in regulated markets
  • New emerging products
  • AML

Why you should attend:

  • 50% more interactive features and networking time
  • Cutting edge discussion
  • Mix with leading operators and regulators
  • Join the pre-arranged speed networking service to plug you into the gaming ecosystem

Eventus International is excited to welcome Emirat on board as a sponsor for iGG. Emirat is a risk management specialist that works with the marketing and gaming industries globally. Emirat removes the risk of high participation in marketing campaigns as well as big jackpot wins in lotteries. They also help design creative concepts so their campaigns are on point and within budget. Emirat utilises mathematics, behavioural science and participant profiling to anticipate risk. They are committed to quality and reliability.

We are excited to welcome Melbet on board as one of the exhibitors. Melbet is known for its incredible services in sports betting. They offer a world class service to their players. There are more than 200 sporting events you can bet on. It’s a platform suited to newbies and professionals too. There are a variety of betting events to bet on including baseball, snooker, bowls, hockey, floorball, curling, Formula 1, springboard diving and skiing among others.

To View the agenda https://www.eventus-international.com/igg

To register and secure your seat at iGG 2020, https://www.eventus-international.com/igg

US racehorse doping scheme leads to 27 arrests

A number of racehorse trainers, veterinarians and drug distributors have been arrested in the US with charges related to the illegal drugging of racehorses.

One of the 27 people arrested in relation to the accusations is Jason Servis, trainer of Maximum Security, who won the £20m ($26m) Saudi Cup last month, the world’s richest horserace.

According to federal indictments related to the case, Servis and the 26 other defendants were involved in a scheme to manufacture and distribute adulterated and misbranded drugs to secretly administer to racehorses.

Servis, who entered horses in more than 1,000 races from 2018 to Feb 2020, is accused of doping Maximum Security and “virtually all of the racehorses under his control.”

The defendants are accused of administering horses with performance-enhancing drugs, such as blood builders, pain shots, bronchodilators and ‘red acid.’

William Sweeney Jr, Assistant Director of the FBI’S New York Office, said these substances led to a number of negative consequences for the horses, including: “cardiac issues, over-exertion leading to leg fractures, increased risk of injury, and in some cases death.”

The case has been described by Geoffrey Berman, the US Attorney for Manhattan, as the most far-reaching prosecution of racehorse doping in the history of the Department of Justice.