Compliance Updates
Superbet Group joins the European Gaming & Betting Association
Published
45 mins ago
on
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Superbet Group has officially become a member of The European Gaming and Betting Association (EGBA). This important step reflects our commitment to industry responsibility and to raising the bar on industry standards. Superbet will contribute to EGBA’s ongoing work, including ensuring a strong data protection framework for our customers and consolidating safer gambling practices.
Albert Simsensohn, Chief Operating Officer, Superbet Group, welcomed the new partnership: “This is an important chapter in our journey, as becoming members of EGBA demonstrates our commitment to nurture a sustainable growth for our company, while adhering to the highest standards of compliance across all our markets. We are prepared to work closely with EGBA, exchanging industry best practices and ensuring that our industry operates in a fair and properly regulated European environment.”
Maarten Haijer, Secretary General, EGBA: “We’re delighted to welcome Superbet Group to EGBA, further strengthening our industry representation. Superbet’s expertise and market focus will be invaluable to call upon as EGBA continues its drive to set high industry standards and promote a safe and competitive online gambling environment in Europe. We look forward to working with our new colleagues.”
Compliance Updates
KSA Imposes a Fine of €675,000 on NetX Betting Limited
Published
1 day ago
on
October 30, 2024
Reading Time: < 1 minute
The Netherlands Gambling Authority (KSA) has imposed a fine of €675,000 on NetX Betting Limited for offering online gambling without the necessary permit. This is prohibited. NetX had previously been given a penalty payment order for the illegal offer.
NetX offered illegal online gambling on pferdewetten.de and betbird.com, in which Dutch players could also participate. No measures were taken to keep players from the Netherlands out. For this violation, the KSA now imposes a fine of €675,000, consisting of the basic fine of €600,000 with an aggravating circumstance.
Michel Groothuizen, chairman of the board of the KSA, said: “Dutch players need to be protected: that is why we are cracking down hard on illegal offers. We see that illegal providers often pay little attention to the player and do not adhere to a duty of care. Here, for example, we saw the practice that players who are inactive for a long time after creating an account are given a ‘fine’ by the provider. If they do not play for a certain period of time, an amount of €5 per month is charged. A player is then punished if he does not participate in the (illegal) games of chance offered. That of course goes beyond all bounds.”
Compliance Updates
BOS on Sweden’s signing of the Macolin Convention: Welcome, but unreasonable to only include state gambling companies in the work against match-fixing
Published
2 days ago
on
October 29, 2024
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In a memorandum from the Ministry of Social Affairs, the Swedish Government has proposed that Sweden sign and ratify the so-called Macolin Convention. This convention regulates the cooperation of the member states of the Council of Europe in the work against match-fixing.
The Swedish Trade Association for Online Gambling (BOS) welcomes such a signing and at the same time wants to point out that private and listed gambling companies must also have access to the bodies within the Council of Europe that are responsible for the issue, the so-called Group of Copenhagen and above all its Follow-up Committee.
Today, only full access is given to state betting companies, despite the majority of the Swedish, European and global sports betting market taking place with private or listed betting companies. Excluding the latter means a serious setback in the joint work against match-fixing.
“We welcome Sweden’s signing of the Macolin Convention. At the same time, it must be emphasized that it is outdated and unjustifiable to exclude licensed privately owned and listed gambling companies from the joint work against match-fixing. We urge Sweden to push for a change, so that all licensed gambling companies get full access to all the Council of Europe’s bodies on the matter, not just the state-owned gambling companies,” says Gustaf Hoffstedt, Secretary General, The Swedish Trade Association for Online Gambling.
Compliance Updates
Kiron Interactive Secures ISO27001 Certification Reinforcing Commitment to Data Security
Published
2 days ago
on
October 29, 2024
Reading Time: < 1 minute
Kiron Interactive has further established its position as a trusted partner and leading provider following the award of an ISO IEC 27001 certification. This prestigious international standard recognises organisations that implement robust information security management systems (ISMS).
Key to going live in multiple global jurisdictions internationally, Kiron’s internal processes were rigorously tested against the standard’s strict assessment criteria to receive its certification, ensuring it met the 100-plus stringent conditions over an extensive consultation period.
The award reflects Kiron’s comprehensive approach to data security, which sees it regularly assess potential threats and vulnerabilities to identify and address security risks.
Strict policies and procedures are in place to ensure that only authorised individuals have access to sensitive data, which is encrypted both at rest and in transit to protect against unauthorised access.
Kiron systems are officially recognised to be continuously monitored to detect and respond to security incidents, with well-defined plans in place to address any issues and minimise impact.
Steven Spartinos, Co-CEO at Kiron, said: “Data security is a top priority for us, and this certification validates our commitment to providing a safe and secure environment for our customers.
“It demonstrates our commitment to industry best practices and providing our customers with the highest level of data protection.
“We have always handled our partners’ data with the utmost care but we now have certification that sensitive data is stringently safeguarded by us, to the same high standards as the products we provide them with.”
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