Connect with us

Industry News

Former Gambling Commission National Compliance Manager, Stuart McPhee assumes new role at Bell-Fruit

Published

on

Former Gambling Commission National Compliance Manager, Stuart McPhee assumes new role at Bell-FruitReading Time: 2 minutes

 

Bell-Fruit has confirmed the appointment of former Gambling Commission senior manager, Stuart McPhee to the newly created post of Director of Compliance. Mr McPhee joins Bell-Fruit, one of the best known gaming brands in the global industry, after 17-years service with the UK regulator. He reports directly to Bell-Fruit Managing Director Chris Butler who is also a Director of Novomatic UK.

With a remit to advise at a senior level and deliver compliance related to product and procedural practices, Stuart McPhee has underlined the importance of following key principles. He stated: “Clearly there are regulatory constraints such as stake/prize limits and the use of debit cards as a method of payment, however for government and/or the Gambling Commission to consider making changes they will need to be convinced that any industry proposal(s) are both socially responsible and in the interest of the consumer. The challenge will be to evidence the latter and that will require the efforts of a united industry in my opinion.”

He further stated: “Bell-Fruit Games whilst innovative, clearly has a genuine desire to comply with the licensing objectives which is one of the reasons I decided to join the company.”

Expanding on the differences between working at the Commission and at Bell-Fruit he said: “While the culture may be different the role and function won’t be that dissimilar which is to ensure compliance at all levels. I do however see personal learning opportunities, one of which is to become more entrepreneurial and luckily there appears to be no shortage of that amongst my peers! However my immediate objectives are to learn as much about the business as possible and to identify those areas where my Commission experience can be of most benefit.”

Welcoming Stuart McPhee to Bell-Fruit, Chris Butler said: “The company has a huge depth of experience to draw upon and the appointment of Stuart has further added to that important resource. I am delighted to have him as part of the senior team and look forward to working alongside him on the central topic of compliance.”

Source: Latest News at European Gaming Media

Continue Reading

Industry News

Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

Published

on

By

Integration of EGT Global Jackpot with Winbet and Club King Marks Great SuccessReading Time: 1 minute

 

The EGT Global Jackpot’s integration with Winbet and Club King has achieved success through offering entertainment and winnings for both operators and players.

The operators’ success and players’ entertainment are always the core objectives of EGT sales, development and production teams. When innovation joins these approaches, EGT solutions are the reliable choices for winning businesses.

EGT supports the operators to make proposals to its customers they couldn’t refuse, with the integration of the EGT Global Jackpot into their gaming halls. Global Jackpot is developed to connect all slot machines and any type of roulette from all locations of operators across the country. Thus, the total bet generates the possibility of higher winnings compared to those offered by the local jackpots.

At Winbet, the Global Jackpot has been functional since March this year and has brought multiple winnings to the luckiest players. Recently, Club King has also integrated the Global Jackpot in favour of top entertainment and winnings for both operators and players.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Integration of EGT Global Jackpot with Winbet and Club King Marks Great Success

Continue Reading

Industry News

New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

Published

on

By

New York State Lottery Reports Record Revenues for the 2018 Fiscal YearReading Time: 1 minute

 

The New York Lottery has recorded $8.2 billion in sales for the state fiscal year that ended in March 31, 2019. That includes sales from Powerball, Jackpot, Mega Millions, Scratch Off, Quick Draw and other games, plus revenues generated by the state’s licensed video lottery locations.

The video lottery net win for the 2018-2019 fiscal year was $2.08 billion, third largest in the world behind two Italian lottery operators. The combined sales and net win earnings for the last fiscal year are a new record for the New York Lottery. The New York Lottery generated $3.47 billion in aid designated to support the state’s schools.

The lottery revenues are distributed to school districts according to the same formula used for state aid. A larger, poorer district will receive a higher percentage than a smaller, more affluent one. Lottery contributions account for 13% of all state aid to education for 2018-2019.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New York State Lottery Reports Record Revenues for the 2018 Fiscal Year

Continue Reading

Industry News

Spillemyndigheden Introduces Whistleblower Scheme

Published

on

By

Spillemyndigheden Introduces Whistleblower SchemeReading Time: 1 minute

 

Spillemyndigheden, the Danish industry regulator, has launched a new whistleblower scheme for the employees of gambling operators who wish to report evidence of money laundering.

Spillemyndigheden has detailed that employees can report a company’s violation or potential violation of the anti-money laundering legislation to the regulator via a dedicated, anonymous contact form which will then trigger a legal investigation. All submissions will be encrypted to ensure that submissions are secure.

In April, Spillemyndigheden has blocked access to 25 gambling websites after petitioning the country’s telecommunications providers. Danish internet providers have now been obliged to block access to ten igaming sites, in addition to 15 skin betting websites.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Spillemyndigheden Introduces Whistleblower Scheme

Continue Reading
Advertisement
NSoft

Trending