Compliance Updates

The most recent compliance updates of the online and land based gaming industry in the European Union, Asia, Russia and Americas

mga-publishes-voluntary-esg-code-of-good-practice

MGA Publishes Voluntary ESG Code of Good Practice

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Reading Time: 3 minutes   The Malta Gaming Authority (MGA) has introduced the Environmental, Social and Governance (ESG) Code of Good Practice for the remote gaming sector. This ESG Code seeks to serve as an instrument for self-regulation, helping remote gaming companies align with best practices and maintain a position that allows them to effectively…

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AGCO issues $150,000 in penalties to PointsBet for violations of internet gaming responsible gambling standards

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The Registrar of the Alcohol and Gaming Commission of Ontario (AGCO) has issued PointsBet Canada Operations 1 Inc., a registered internet gaming operator, a Notice of Monetary Penalty totaling $150,000 for failing to meet Ontario’s responsible gambling requirements. The penalty relates to several alleged violations of the responsible gambling provisions of the Registrar’s Standards for Internet…

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Nick Rust Appointed as Chair of the UKGC’s Industry Forum

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Reading Time: < 1 minute   The UK Gambling Commission (UKGC) has announced the appointment of Nick Rust as the Chair of its Industry Forum. Mr Rust will assume his role in November, serving as the Chair for a two-year term. Mr Rust has held prominent positions in the gambling and sport sectors, including a…

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GR8 Tech Acquires PCI DSS and ISO 27001 Certifications

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Reading Time: < 1 minute   GR8 Tech, an aspiring iGaming platform provider, secured two prestigious certifications: PCI DSS v.4.0 and ISO 27001:2022. These certifications underline GR8 Tech’s commitment to upholding best practices and highlight its proactive and consistent approach to strengthening its business operations. The Payment Card Industry Data Security Standard (PCI DSS) ensures…

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Georgia Increases Taxes on Gambling Business

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Reading Time: < 1 minute   On November 3, the Prime Minister of Georgia, Irakli Garibashvili, announced at the government meeting that the profit tax for the gambling business will be increased from the current 10% to 15%. There will also be a change regarding the withdrawal of money. In particular, the citizen will pay…

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ukraine’s-evolving-gambling-landscape:-insights-from-the-panel-of-european-gaming-congress-in-warsaw

Ukraine’s Evolving Gambling Landscape: Insights from the Panel of European Gaming Congress in Warsaw

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Reading Time: 2 minutes   The panel discussion last  week, at the European Gaming Congress made me feel inspired to contemplate on critical facets of Ukraine’s burgeoning gambling industry, positioning the nation as an appealing prospect for Western European investors. Although unique challenges, including historical financial corruption and external pressures, exist, Ukraine’s European identity makes…

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