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Compliance Updates

HALLO Compliance Network to Discuss Sports Integrity in the US

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HALLO Compliance Network to Discuss Sports Integrity in the US

 

HALLO Compliance Network, the platform bridging the gap between technology and the law, and Home of monthly online meetups fostering growth, education, and collaboration, returns with its 2nd HALLO Compliance Meetup featuring a powerhouse panel on “Safeguarding Integrity in Sports“!

The next HALLO Compliance Network Virtual Meetup will take place on December 19 via Zoom at 12:00 PM EST, featuring a compelling panel discussion that delves deep into the pressing issues surrounding sports integrity, match-fixing, and betting addiction.

The sports betting industry, including operators, providers, regulators and customers, recognizes that the essence of exhilarating sports betting lies in fair sports competitions. Consequently, numerous gambling laws prioritize the pivotal element of sports integrity. Locally, various educational initiatives have been implemented, and on a global scale, the Macolin Convention—a unique initiative dedicated to promoting fairness in sports—has garnered ratification from nine countries and signatures from an additional 32. Moreover, major sports federations such as the IOC and FIFA have initiated their own programs and initiatives in support of this cause.

The HALLO panel will have a closer look at how the prevention of the manipulation of sports competitions looks like in the US at this point in time, five years after first states regulated sports betting.

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Meet the Panelists

This powerhouse panel features renowned experts in the field of sports integrity and regulatory compliance:

–        Jim Brown, Head of Integrity Services, North America & Athlete Wellbeing globally at Sportradar

–        Martin Lycka, SVP American Regulatory Affairs & Responsible Gambling at Entain

–        Jai Maw, Co-Founder and President of Betting Hero

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–        Bill Pascrell III, partner at Princeton Public Affairs group and long-time advocate for reasonable regulations in igaming and sports betting in the US.

HALLO Compliance Network brings together a distinguished panel of experts to shed light on critical topics, exploring the multifaceted challenges and innovative solutions in the industry.

 

Discussion Topics

  • Confronting Match Fixing: Is match fixing a significant concern in the US? We’ll explore its prevalence, the effectiveness of the educational and sports systems in combating it, and the role of legislation.
  • A Global Perspective:Understanding why match fixing is a hot topic in regions like Asia, Europe, and South America, and discussing the cultural and systemic differences.
  • Technological Implications: Examining how new technologies like deepfakes impact sports integrity, alongside the growing intersection between esports and sports integrity.
  • International Initiatives: Delving into the Macolin Convention, educational campaigns, and transparency projects aimed at tackling these issues globally.
  • Betting Addiction Among Athletes: Addressing recent cases and the ongoing challenge of betting addiction in the sports community.

This panel promises an in-depth exploration of the challenges facing sports integrity today, offering perspectives from legal, regulatory, technological, and ethical viewpoints. Join us for a session that’s as informative as it is engaging, perfect for professionals, enthusiasts, and anyone keen on understanding the evolving landscape of sports integrity.

Register Now For the 2nd HALLO Compliance Virtual Meetup!

Register and Tune in on December 19 via Zoom at 12:00 PM EST | 09:00 PST

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Introducing HALLO Compliance Network and its Mission

The Acronym “HALLO” stands for “Highly Aligned Leaders in Legal Operations”. As the name suggests, HALLO Compliance Network is a platform putting Legal Operations at the forefront, especially in the contemporary Technology sector.

HALLO is a platform for bridging the gap between technology and the law, combining a  trusted directory of legal experts specializing in Gambling, Blockchain, Fintech, and AI, and monthly virtual meetups focusing on learning and networking. HALLO is your Global Compliance Guide in Today’s cutting-edge fields, connecting Highly Aligned Leaders in Legal Operations.

Welcome to HALLO Compliance!

Register Now Free to harness the knowledge of the HALLO Virtual Meetups!

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Browse the Listing Packages for Individuals or Firms – Get Started for Free!

 

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Compliance Updates

IGSA Welcomes Sharp Vision as Silver Member

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The International Gaming Standards Association (IGSA) has welcomed Sharp Vision as a new Silver member. Sharp Vision is a leading provider of regulatory turnkey solutions for gaming authorities.

“We are delighted to be a part of IGSA and we look forward to contributing to the advancement of best practices among regulators in the fast-growing gaming industry,” Damien Raymond, COO of Sharp Vision, said.

“IGSA is very excited to welcome Sharp Vision to our membership. We believe that IGSA Standards can enhance Sharp Vision’s products supporting regulatory authority oversight. We look forward to their participation in IGSA committees,” Mark Pace, President of IGSA, said.

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Compliance Updates

PGCB Places Seven Individuals on Involuntary Interactive Exclusion List for Online Gaming Fraud

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The Pennsylvania Gaming Control Board (PGCB) on Wednesday approved recommendations by its Office of Enforcement Counsel (OEC) for the placement of seven individuals on the iGaming Involuntary Exclusion List.

The online transactions that these seven individuals engaged in, totaling $27,168, were investigated by the Board’s Bureau of Investigations and Enforcement (BIE) and found to be fraudulent in two major respects:

  • an individual used a fraudulent scheme to obtain an online account or accounts in another person’s name and identifiers, placed funds into these accounts utilizing other persons’ payment methods, and without engaging in any gaming activity, managed to have funds withdrawn from the fraudulently-established account or accounts directly into their own bank account; or,
  • requested and received a refund for a disputed credit or debit card transaction from a card issuer even though that refund was fraudulent.

The specific fraudulent conduct of each individual is further described below:

  • Created two separate online sports wagering accounts using the personal identification and credit cards of other individuals, and withdrew $300;
  • Created 13 separate online casino-type games accounts using the personal identification and credit cards of other individuals, and withdrew $545;
  • Created six separate online sports wagering accounts using the personal identification and credit cards of other individuals, and withdrew $1000;
  • Created four separate online sports wagering accounts using the personal identification and credit cards of other individuals, and withdrew $1123;
  • Created two separate online sports wagering accounts using the personal identification and credit cards of other individuals, and withdrew $1500;
  • Illegally requested and received six chargebacks to a credit card associated with an online casino-type games account totaling $10,100;
  • Created one online sports wagering account using the personal identification and credit card of another individual, and withdrew $12,600.

The Board’s actions in these matters stem from its commitment to keep individuals who have committed fraud from gaming online in Pennsylvania. The additions made bring to 37 the total number of individuals who are currently on the iGaming Involuntary Exclusion List.

The Board also placed four other individuals on its Casino Involuntary Exclusion List. The number of individuals currently on that list totals 1197 and stems from various reasons including theft, cheating, child endangerment disorderly conduct, and using counterfeit currency.

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Compliance Updates

PandaScore secures their first US betting license, by entering Colorado

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After a meticulous and measured research process in consultation with the needs of its clients, PandaScore has acquired a license to operate in the US state of Colorado.

Through the license, PandaScore has signalled its intentions in the US market: forging a supplier-led path to esports betting success in the US. Existing PandaScore clients can now enter the Colorado market, scale up their esports offering and build their future audience in the state’s esports-friendly regulatory framework.

Future clients can also be confident that working with PandaScore supports their growth strategy in the lucrative US market. The state’s esports-friendly regulatory framework serves as a solid foundation to cultivate an esports audience and take advantage of PandaScore’s innovative, revenue-driving products such as BetBuilder, player props and microbetting.

PandaScore selected Colorado as its first point of entry into US licensing thanks to the state’s large catalogue of esports titles and competitions that are eligible for regular betting, and the wide range of markets that can be offered. Additionally, the state’s flexible and innovation-friendly licensing regime makes it a strong market for PandaScore and its clients.

Securing the license also serves as proof of concept for the French esports supplier, PandaScore Legal Counsel Alexis Brunet noted that “securing the Colorado license is a strong signal of our intentions in the US and are serious about its potential. Esports in the United States is a fast-evolving regulatory environment, but it’s only going in one direction: expansion. We intend to provide our best-in-class products and services to our customers no matter where they are, and service one of the largest markets in the world.”

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For PandaScore CEO Flavien Guillocheau, entry into Colorado in the US market was the natural next step in the company’s client-first, service-oriented approach: “For esports to succeed in the US, suppliers must lead from the front. Suppliers need to address the uncertainty around regulation which has held back operator investment and thus growth of the vertical.

“We’ve proven we know the market, get a license efficiently and do it in a way that puts operators first. We’re confident that if our clients are seeking entry into a given market, we can be completely straight with them, show them the viable pathway to success, and create the foundation and access they need to fully harness the potential of esports in one of its biggest consumer markets.”

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