Payhound Selects Chainalysis’ Crypto Compliance Solution for Regulatory and Operational Safety

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Payhound Selects Chainalysis’ Crypto Compliance Solution for Regulatory and Operational Safety

Compliance Updates

ANJ and Addiction Federation Sign Partnership Agreement

Published

1 hour ago

on

July 29, 2024

Reading Time: 2 minutes

Isabelle Falque-Pierrotin, president of the ANJ, and Catherine Delorme, president of the Addiction Federation, signed a partnership agreement on July 23, 2024 to strengthen the prevention of excessive gambling and the protection of minors, through the implementation of joint actions.

In 2019, the Gaming Observatory estimated the number of at-risk players at 1.4 million, including nearly 400,000 at a pathological level. Problem gambling thus generates more than 38% of the sector’s turnover and 21% for excessive players alone. These figures, which should be updated soon, illustrate the reality of a social problem, for young people in particular, with collateral damage in the player’s immediate entourage: over-indebtedness, family problems, academic difficulties, etc.

In its 2024/2026 strategic plan, the ANJ has set as a priority objective to reduce the share and number of excessive gamblers and to strengthen the ability of gamblers to better control their gaming practices, through preventive actions against excessive gambling, in addition to those implemented by the public authorities.

This strategic plan is based on two cross-cutting foundations which are of particular interest to the partnership with the Addiction Federation: making scientific knowledge of the market and gaming practices the compass of regulation and strengthening the mobilisation of all stakeholders, in particular through the conclusion of partnerships with addiction professionals.

The Addiction Federation is the leading addictology network in France: it represents 850 health establishments and services and more than 500 professionals, individual members. It brings together 80% of addiction treatment, support and prevention centres (CSAPA) and reception and support centres for risk reduction for drug users (CAARUD) and 20% of health systems (addiction liaison and care teams, follow-up and rehabilitation care, addiction consultations, health networks).

The collaboration between the ANJ and the Addiction Federation will focus on different areas of intervention such as:

  • Studies, prevention support edition,
  • The development of tools to support players or addiction professionals,
  • The design and intervention in training programmes,
  • Joint organisation of events.

In 2024, the ANJ and the Addiction Federation will carry out joint training activities and publish a document on the regulation of gambling for addiction professionals.

Compliance Updates

Galaxsys Games Now Officially Licensed in Sweden

Published

2 hours ago

on

July 29, 2024

Reading Time: < 1 minute

Galaxsys, an emerging leader in games development, is delighted to announce that its games have been officially licensed in Sweden. This significant achievement marks a key milestone in Galaxsys’ strategic expansion into regulated markets and reaffirms the company’s commitment to delivering secure, high-quality, and responsible gaming experiences.

The license, granted by the Swedish Gambling Authority, ensures our commitment to the highest regulatory standards also in the Swedish market.This approval allows Galaxsys to offer its wide range of entertaining and high-performing games to Swedish partners, further expanding the company’s presence in Europe.

“We are incredibly proud to have our games licensed in Sweden,” said Gil Soffer, SVP of Sales and Business Development at Galaxsys. “This licensing is a key step in our strategy to bring our games to more regulated markets. We thank the relevant regulatory bodies for their trust in our commitment to high security, quality standards, and responsible gaming as we continue to make our games available in additional markets.”

Galaxsys’ licensing in Sweden is part of the company’s broader strategy to expand its footprint in regulated markets globally. By adhering to the highest standards of security, quality, and responsible gaming, Galaxsys aims to provide exceptional gaming experiences that players can trust and enjoy.

Compliance Updates

Acquiring a Curacao Online Gaming License in 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed

Published

3 days ago

on

July 26, 2024

Reading Time: 2 minutes

The “Acquiring a Curacao Online Gaming License, 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed” report has been added to ResearchAndMarkets.com’s offering.

This report includes valuable insights into the financial and procedural aspects, including detailed information on costs and timelines associated with acquiring a Curacao license.

In 2023, Curacao introduced the “Landsverordening op de kansspelen” (Ordinance on Games of Chance) to modernize and regulate gambling legislation. Since March 2020, the Gambling Control Board (GCB) has been authorized to regulate offshore gambling games and oversee the issuance of Curacao licenses. As of 2023, there are 16 companies providing legal services for registration and licensing in the territory of Curacao. The license fee, as per GCB regulations, is 36,000 ANG or 19,800 USD, payable upon license issuance.

Research Timeline and Data Relevance

The research was conducted in two stages. The first stage, studying the regulator and Open Data Search, took place in December 2023. The second stage, writing the report and partially updating the data from the first stage, took place from the end of April to the end of May 2024.

Goals and Objectives

  • Describe the information about the Curacao license and the issuing regulator.
  • Describe the requirements and conditions for obtaining a Curacao license.
  • Describe the costs and timelines for obtaining a Curacao license.
  • Briefly study the market, find and suggest the following lists:
    • Legal companies offering services for company registration and obtaining a Curacao license;
    • Communication agents and integrators working with the Curacao license;
    • Suppliers and vendors working with the Curacao license;
    • Payment systems working with the Curacao license.

Key Topics Covered:

1. Goals and Objectives

2. Research Timeline and Data Relevance

  • Document Markup
  • Raw and Combined Data
  • Terms & Glossary

3. General Information

  • The Regulator
    • Registration of Operators With Sublicense
    • Application for an Online Gaming License

4. Requirements and Conditions for Obtaining a License

License Conditions

  • General Prohibitions
  • Safe and Secure Environment
  • Equipment and Application Software
  • Player Registration
  • Payment Transactions
  • Games
  • Terms of Use
  • Resolution of Complaints
  • Administrative Responsibilities
  • Publicly Available Information
  • Reports
  • Policies and Procedures
  • Suspension and Revocation of License
  • Additional Conditions
  • Supervision

Recommendations or Minimum Requirements for the Business Plan

5. The Cost of the License

6. Decision Term and the Validity of the License

7. Application Method and Forms

8. Contact Information

9. Companies for Registration and Licensing

10. Integration Companies

11. Suppliers and Vendors

12. Payment Systems

13. META

14. Appendix: Terms & Glossary

For more information about this report visit researchandmarkets.com/r/izeo6g

European Gaming Congress 2024 (Warsaw, Poland)