Connect with us

Industry News

GLMS unveils a Code of Conduct

Published

on

GLMS unveils a Code of ConductReading Time: 1 minute

 

Global Lottery Monitoring System (GLMS) has published its Code of Conduct, which will be applicable to members (individual and associate), partners, employees and Executive Committee Members. The recently concluded GLMS General Meeting in Buenos Aires unanimously approved the new code of conduct.

GLMS President, Ludovico Calvi has stated: “Competent and effective performance is critical to our success, but just as important is how we go about achieving results – with honesty , transparency and respect, without taking shortcuts, and by operating ethically and with integrity in all that we do. The adoption of the present Code not only, once again, demonstrates that GLMS Members – Lotteries take their responsibility towards society in serious, but also proves the real commitment of the entire GLMS family to making zero compromises when it comes to the integrity of any step we take in our daily activity and operations.”

The Code also includes recommendations towards Lottery-Members regarding their Sports Betting operations. These recommendations, which should be seen as complementary to the jurisdictional, legal and regulatory requirements within each national jurisdiction, address numerous relevant issues, such as protection of minors, cautious selection of events and betting types to be offered, avoidance of conflict of interests, obligation to report suspicious betting activity, contribution to good causes, etc. They are also in line with the Council of Europe Convention on the Manipulation of Sport Competitions.

The Code of Conduct emphasises on the corporate ethics principles and guidelines mandatory for all employees and ExCo members of GLMS, and the core ethical principles of respect, equity and non-discrimination, effectiveness, honesty, loyalty, transparency, responsibility, legality, impartiality and integrity, governing the behaviour and everyday professional conduct of all those who belong to the GLMS family.

Source: Latest News at European Gaming Media

Continue Reading

Industry News

Breaking News: Dutch Senate votes to legalize online gambling

Published

on

By

Reading Time: 1 minute

 

The Netherlands Senate voted today in favor of the country’s long-awaited online gaming legislation, which was approved by the House of Representatives back in 2014.

The new regulatory regime will allow operators to secure online sports betting and casino gaming licenses to serve Dutch consumers, subject to secondary legislation that is yet to be submitted for European Commission approval.

Today, the Dutch Senate voted in favor of legislation to legalize internet-based gambling, clearing the way for foreign and Dutch firms to apply for licenses.

On Monday, the Financieele Dagblad said some 300 companies have expressed interest in running a gambling website in the Netherlands and about 50 are expected to make a formal application for a license when they are up for grabs next year. Tuesday’s vote comes two years after the lower house voted in favor of allowing third parties to legally offer online gambling.

Holland Casino is the Netherlands’ only state-regulated gambling establishment but foreign firms widely flout the ban and continue to target Dutch punters.

The two Christian parties in the ruling coalition voted against the legislation. They claim allowing more companies to offer online betting will lead to more problems with addiction.

Source: DutchNews.nl

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: Breaking News: Dutch Senate votes to legalize online gambling

Continue Reading

Industry News

BetConstruct attained a partnership with SA Gaming

Published

on

By

Reading Time: 1 minute

 

BetConstruct announces a new strategic partnership with an online entertainment platform provider in Asia – SA Gaming.

As a result of the agreement, SA Gaming’s various slots and live casino solutions will be integrated into BetConstruct’s platform. Around 30 slots such as The Guard, World Cup Fever, Red Dragon, Saint of Mahjong, Indiana’s Quest, Dragon Tiger, and others currently fulfill their gaming catalog.

“This is an important partnership for us, as a result of which our gaming portfolio will be enhanced with more Asian themed slots and live casino games, ” says BetConstruct regional director Lusine Khudaverdyan.

 

Apart from the slots, SA Gaming has a wide portfolio of live casino games famous in Asia. Following the partnership, we already support such games as Baccarat, Roulette, Sic Bo, Fan Tan and Speed Baccarat from our new Asian 3rd party provider. Together with SA Gaming we believe to provide premium gaming solutions for all our partner operators.

 

About BetConstruct

BetConstruct is an award-winning developer and provider of online and land-based gaming solutions with development, sales, and service centers around the globe.

BetConstruct’s innovative and proven offerings include an extensive range of products and services, including Sportsbook, Sports Data Solutions, Retail Solutions, RNG & Live Dealer Casino, VR Casino, Poker, Skill Games, Fantasy Sports, Social Platform and more. The latest addition is the industry-first complete management infrastructure, SpringBME (Business Management Environment).

All partners benefit from the BetConstruct Spring platform with its powerful back-office tools and all-inclusive services that empower operators’ growth and help contain their costs. From stand-alone set up to turn-key and white label solutions, BetConstruct offers its partners unfettered opportunity to succeed.

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: BetConstruct attained a partnership with SA Gaming

Continue Reading

Industry News

Bangladesh bans online gambling websites

Published

on

By

Bangladesh bans online gambling websitesReading Time: 1 minute

 

Bangladesh Telecommunication Regulatory Commission (BTRC) has asked all the internet gateway providers and Telecom department to run an internet safety solution programme to block online gambling websites. BTRC is believed to have received an instruction to effect the same from the country’s government.

The telecom regulator has sent the order to block the websites so that these websites will not be accessible in Bangladesh again.

“It might take few more hours to block all the sites completely as blocking any site is so technical,” said Md Emdadul Hoque, general secretary of Internet Service Provider Association of Bangladesh (ISPAB).

A top official of the BTRC said they have often found complaints from different sides about online gambling and that needs to block for the sake of safe internet.

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: Bangladesh bans online gambling websites

Continue Reading
Advertisement
NSoft

Trending