Compliance Updates
Paraguay’s Gambling Regulator Launches Sports Betting Tender
Conajzar, the gambling regulator of Paraguay, has launched a tender for the exclusive rights to operate a national sports betting franchise.
The decision was disclosed to local media via an advertising campaign sanctioned by Conajzar, informing the public and businesses of tender proceedings.
The campaign revealed that Conajzar would announce competing suitors on 31 October as it seeks to find a partner to operate a sports betting franchise across all Paraguayan provinces.
Tender provisions saw Conajzar outline that the winning company/consortium must establish a domiciled presence in the Capital of Asunción.
Competing suitors for the exclusive sports betting tender must guarantee payment of 60m ₲uaraní ($10,000) to the treasury account of Paraguay’s National Development Trust.
Paraguay’s regulatory framework for gambling is held under Law-1016 which was established in 1996.
Though updated in 2015 to include legislative interpretations for online gambling services, Paraguayan law maintains a limited oversight for sports betting activities.
Law-1016 defines sports betting as “activities in which an amount of money is risked on the results of a to-be-determined sporting event, with an uncertain outcome and unrelated to the parties involved”.
However mirroring lotteries, arcade halls and gambling machines, the law cites that the exploitation of sports betting must be “granted by a public tender offering”.
Meanwhile, recent amendments of Paraguay’s gambling law and criminal code have focused on supporting Conajzar’s efforts to eradicate illegal gambling venues and the illicit sale of imported gambling machines to Paraguayan leisure and retail merchants.
Approval from the Nevada Gaming Commission paves the way for Kambi to provide its premium sports betting solutions in Las Vegas and across the Silver State
Kambi Group plc (“Kambi”), the home of premium sports betting solutions, has received approval for its Nevada gaming licence applications, marking a significant step towards launching in one of the world’s most iconic betting markets. The Nevada Gaming Commission approved Kambi’s application for Manufacturer & Distributor Licenses and an Information Services License, following a unanimous recommendation by the Nevada Gaming Control Board (“NGCB”) earlier this month.
The licences will enable Kambi to provide its industry-leading sportsbook technology and services to nonrestricted gaming establishments in Las Vegas and across the state of Nevada for the first time. With limited B2B competition in the state due to the high regulatory requirements, Nevada presents Kambi with future growth opportunities in line with its strategy to expand its footprint across the Americas.
Kambi has been at the forefront of the regulated US sports betting industry since 2018, processing the first legal online wager outside of Nevada following the repeal of PASPA. This latest achievement underscores the company’s dedication to delivering world-class sportsbook solutions while adhering to the highest standards of regulatory compliance and corporate probity.
Werner Becher, CEO of Kambi, said: “Securing approval for our licences in Nevada is an important milestone for Kambi and a testament to our market-leading technology, regulatory expertise and corporate integrity. Nevada is widely known as the gold standard for betting and gaming regulation, insisting on a standard that few companies can meet, and is therefore recognition of Kambi’s unwavering commitment to excellence. We would like to thank both the Commission and NGCB for their thorough review and approval of our applications.”
Compliance Updates
Michigan Lottery Achieves iCAP Re-certification for Responsible Online Gaming Practices
The Michigan Lottery has received re-certification for its commitment to responsible gaming after completing the Internet Responsible Gambling Compliance Assessment Program (iCAP) through the National Council on Problem Gambling (NCPG).
The Lottery first earned iCAP certification in October 2015 and was the first lottery in the United States to achieve this certification.
“We are incredibly proud to have once again received certification for our commitment to responsible gaming through the iCAP program, underscoring the Lottery’s dedication to player safety and well-being. We will continue to prioritize responsible gaming practices and provide Michiganders with the resources and support they need to play responsibly,” said Lottery Commissioner Suzanna Shkreli.
Developed by the NCPG, iCAP is the first and only online responsible gaming assessment program in the US. The NCPG evaluated the Lottery’s compliance with Internet Responsible Gaming (IRG) standards developed based on best practices from jurisdictions around the world. IRG standards are the highest standards for online responsible gaming in the nation. The nine areas of focus for the NCPG iCAP certification are:
• Corporate policy and commitment to responsible gaming
• Staff training
• Information available to players through com, and player account features to assist players in informed decision making
• Assisting players who indicate they are in distress or experiencing problems
• Self-exclusion and player-initiated restrictions on online play
• Advertising and promotion
• Game and website features that assist with gambling responsibly
• Research based on the transparency of play data
• Payment controls and limits
• iCAP re-certification provides Lottery players assurance that MichiganLottery.com is trustworthy and has adopted the best standards of player protection.
The NCPG, a non-profit organization founded in 1972, leads state and national stakeholders in the development of comprehensive policy and programs for all those affected by problem gambling.
Michigan Lottery players have a chance to win up to $500,000 instantly playing online. Players also may win prizes ranging from $1 up to multi-million dollar jackpots playing Powerball, Mega Millions, Lucky for Life, Lotto 47, and Fantasy 5 online. Through its online platform, the Lottery offers players more than 200 different games with plays ranging in price from .05 cents to $20.
SYNOT Games announced that 140 of its top-tier games have been officially certified for the Argentinian market.
The certifications, issued by Gaming Labs International mark a significant step in SYNOT Games’ commitment to delivering high-quality, compliant, and entertaining products to the Latin American market.
In addition to the 140 games, the certifications include the renowned SYNOT Progressive Bonus and advanced Random Number Generator technology, providing operators and players with a superior and trustworthy gaming experience.
SYNOT Games is committed to certifying its entire game portfolio for the Argentinian district shortly. This will further solidify the company’s presence in the rapidly growing Latin American market and reaffirm its position as a trusted partner for local and global operators.
Martina Krajci, CCO at SYNOT Games, said: “We are delighted to achieve these certifications and bring our innovative products to Argentina. This is an important milestone in our global expansion strategy, and we look forward to offering our Argentinian partners and players access to our certified games, backed by industry-leading technology and robust compliance standards.”
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