Compliance Updates
GiG grows regulated market footprint with new B2B supplier authorisation for Peru
Gaming Innovation Group (GiG) has been awarded an authorisation and registration (homologation) for Peru, officially allowing it to partner with operators based in the newly regulated Latin American market, as GiG continues to grow its regulated market presence with over 29 complex regulated markets now available globally, on its revolutionary iGaming technology.
The accreditation process, which opened its doors earlier this year, marks an early entry for GiG that will allow it to serve a market expected to grow post regulation by up to 104%, up from âŹ194m to âŹ397m, in gross gaming revenue (GGR) over the next three years, according to H2 Gambling Data.
This new authorisation from the Peruvian authority, granted to GiG by Ministerio de Comercio Exterior y Turismo de PerĂș (MINCETUR) , and covers its award winning PAM, as GiG continues a long-standing commitment to regulated market expansion, reaffirmingâs its position as a global leader for growth in highly regulated markets.
GiGâs Peruvian presence gained prominence with the announcement of the launch of Betsson Groupâs Inkabet brand, in July, expanding on the successful partnership between the two, in regulated markets around the world.
GiG is continuing to expand its presence in global regulated markets, and across Latin America, with its innovative iGaming platform, as its powerful, secure, and scalable platform offers operators significant opportunities for exponential revenue growth, with a suite of dynamic localisation features. Peruvian operators will benefit from GiGâs integration with leading content and payment providers, with advanced AI tools, DataX and LogicX, enhancing decision-making and rule-building processes. This balance of cutting-edge tools and best-in-class features have proven highly effective in increasing player acquisition and retention, highlighting GiGâs competitive edge in complex regulatory environments like Peru.
Claudio Caruana, General Counsel for GiGÂ says; âThe addition of the Peruvian authorisation to our ever expanding list of supported regulated markets continues to demonstrate the focus we at GiG have placed on legislation, providing the framework essential for sustainable and prosperous growth within the online igaming industry. We are delighted to be fully prepared to power new and potential partners with our award winning technology in the area.â
Compliance Updates
SCCG Announces Strategic Partnership with Steelhead Compliance Solutions
SCCG Management, a global leader in Tribal gaming advisory and management services, has announced a strategic partnership with Steelhead Compliance Solutions LLC, a leader in tribal gaming compliance and regulatory affairs. This partnership aims to create significant opportunities for tribal nations by connecting them with SCCGâs expansive network of over 200 affiliated gaming companies and service providers. Together, SCCG and Steelhead will work to strengthen tribal gaming operations, enhance regulatory compliance, and uphold tribal sovereignty.
Stephen Crystal, Founder and CEO of SCCG Management, said: âPartnering with Steelhead Compliance Solutions aligns perfectly with SCCGâs mission to support the growth and success of tribal gaming enterprises across the U.S. Steelheadâs commitment to preserving tribal sovereignty and ensuring regulatory excellence will be instrumental in helping us provide unparalleled value to tribal nations. We are thrilled to bring our global network and expertise together with Steelheadâs deep understanding of tribal governance and regulatory frameworks.â
Richard Armstrong, founding partner of Steelhead Compliance Solutions, said: âOur partnership with SCCG represents an exciting new chapter in our commitment to supporting Indian Country. SCCGâs extensive management and service offerings, coupled with their unmatched global network, are the perfect complement to our expertise. Together, we will ensure tribal gaming operations not only thrive but also maintain the highest standards of regulatory compliance, protect tribal assets, and capitalize on new opportunitiesâall while safeguarding tribal sovereignty, which is fundamental to tribal nations.â
Steelhead Compliance Solutions brings over 80 years of combined experience, specializing in assisting tribal nations in navigating complex regulatory environments. The firm is known for its strong relationships with regulatory officials and leaders at tribal, state, and federal levels. Steelhead delivers comprehensive compliance, regulatory, and legal solutions, all while prioritizing the protection of tribal sovereignty. The partnership with SCCG aims to provide tribal nations with the tools and resources needed to grow their gaming operations while maintaining their independence and self-determination.
Canada
IBIA and PFA Canada anti-match-fixing education program concludes in Alberta
CPL first to benefit from CA$300,000 education fund commitment by IBIAâs regulated sports betting operators
Canadian Premier League (CPL) soccer teams have successfully completed a sports betting integrity player education program. Designed by the International Betting Integrity Association (IBIA) using its 3Râs training model, the program has utilised a combination of dedicated in-person training and online resources, with sessions delivered by the Professional Footballersâ Association Canada (PFA Canada) through its Protecting the Integrity of the Game workshops.
In total, nearly 200 players have been trained by the IBIA/PFA Canada partnership at all eight CPL teams through the program, which started in Ontario and finished in Alberta, also covering teams in Nova Scotia, Manitoba and British Colombia. It concludes the first part of a two-year player education agreement between IBIA and PFA Canada.
Marco Carducci, Cavalry FC & President of PFA Canada, said: âThe IBIA sports betting integrity training, in partnership with PFA Canada, was an incredibly beneficial experience for our players. Effective and easy-to-understand, it made clear what professional athletes need to know about sports betting integrity and how to report attempted corruption. We are grateful for IBIA’s support to help safeguard the integrity of the game and to protect and educate our players.â
In addition to highlighting the potential threats from sports betting related match-fixing, the program educated players on rules and sanctions, the scale and accuracy of technology enabled sports integrity monitoring, and how to report criminals and corrupters using the red button app.
Khalid Ali, CEO of IBIA said: âWe take our responsibility to protect regulated sports betting markets, sports and athletes seriously. Decades of experience has shown that a combination of efficient regulation, education and collaboration are essential to safeguarding the sports integrity ecosystem. We are delighted that the PFA Canada education program has been so successful and look forward to year two of the project.â
Dan Kruk, Executive Director, PFA Canada, said: âThrough our work with IBIA, nearly 200 Canadian Premier League players attended PFA Canadaâs Protecting the Integrity of the Game workshop this season. As a result, stakeholders can be confident our members know their obligations regarding gambling and match-fixing in their sport, how to recognize an approach to fix a match, and crucially, their duty to report any person attempting to manipulate a match.â
The program is the first to be delivered from a CA$300,000 three-year fund â invested by IBIA and its members bet365, Betway and FanDuel â from which Canadian sports and athletes can receive free face-to-face integrity education designed to protect Canadian sports from the potential threat of match manipulation and corruption.
Compliance Updates
WA.Technology receives accreditation to enter Peruâs gaming market
WA.Technology, the award-winning B2B solutions provider, is excited to announce its entry into the rapidly expanding Peruvian gaming market after receiving the necessary certifications from the countryâs gambling regulator, Ministerio de Comercio Exterior y Turismo (MINCETUR).
Already recognised as the most sought-after B2B solutions provider for LatAm, the award-winning provider is now bringing its iGaming expertise to operators across Peru, having already partnered with the majority of the continentâs biggest brands.
In total, WA.Technology offers its LatAm partners a full spectrum of iGaming solutions via its WA.Platform, WA.Sports, WA.Casino, WA.Fantasy, WA.Affiliates and WA.Lottery verticals.
With WA.Technology boasting multiple regional offices across the continent, the provider has now stated a firm commitment to ensuring that its Peru operator partners will be given the best of its technology to gain local market share.
These include its latest lottery platform, with players able to access more than 70 of the worldâs biggest lottery formats, Highly popular Lottery games from the USA will also be available, such as Powerball and Megamillions, reaching in excess of $1bn.
In addition, local operators will be able to harness WA.Technologyâs latest Fantasy Sports and its US-inspired PickâEm Play Props offering, which is being rolled out imminently to big-name operators across the continent.
Designed for players to unleash their sporting expertise across Daily Fantasy Sports and Free-to-Play predictor games, both represent a tried and tested acquisition tool for LatAm operators to boost engagement, retention and cross-selling opportunities.
Local partners will also be able to access WA.Technologyâs latest WA.Affiliates vertical, designed to transform LatAm operatorsâ player-focused marketing and customer acquisition strategies.
Featuring affiliate tracking features, performance tracking software, and the option to introduce gamification, WA.Affiliates represents an unparalleled acquisition tool for operators to reach new audiences and drive traffic back to casinos and sportsbooks.
Commenting on the companyâs launch in Peru, Axel Antillon, Regional Director LatAm at WA.Technology, said: “Peru represents a significant opportunity for WA.Technology; we are very excited to be embarking on this new journey! The countryâs growing appetite for gaming and entertainment-led experiences aligns perfectly with our mission to deliver LatAmâs best gaming products.
âBy entering the Peruvian market, weâre able to support local operators in enhancing their player experience, improving operational efficiency, and ultimately, growing their business. We look forward to becoming a trusted partner to the region’s operators as we establish a long-term presence here.”
Since regulations were introduced in October 2023, Peru has been pinpointed as one of LatAmâs major growth markets by industry experts.
Reports project the market to grow at a compound annual growth rate (CAGR) of 9% between 2023 and 2031, largely driven by increased digital adoption and growing demand for online entertainment.
MINCETUR, Peruâs regulator, estimates that approximately Sol3.8 billion (âŹ1bn) in bets was placed in 2022, with online gaming and sports betting estimated to produce Sol162m (âŹ40.6m) a year in taxes for the state.
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