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Compliance Updates

Entain extends ethics, legal and compliance training; $100,000 donation to Seton Hall Law School

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Entain Foundation US Launches New Responsible Gambling App

 

Entain, through its Entain Foundation US, the group’s  U.S. non-profit affiliate, has donated $100,000 to Seton Hall Law School to provide annual high-quality and robust ethics, legal, and compliance education for compliance and legal professionals in the fast-growing online sports betting and gaming sector.  Entain is the leading global sports betting and gaming entertainment operator which operates through BetMGM in the U.S.

The move builds on the inaugural Gaming Law, Compliance and Integrity Bootcamp, launched at Seton Hall with the Entain Foundation US in March 2020, attended by an initial group of 50. The goal is to make Seton Hall Law’s Bootcamp, the premier annual program in the industry. This year’s Bootcamp is set for September 19-22 at Seton Hall Law’s downtown Newark campus.

The importance of a gaming ethics and compliance training program is increasing. Sports gambling has grown dramatically in the U.S. during the pandemic, and New York and other states are considering legislation to legalize sports betting and other forms of gambling. The Seton Hall Law bootcamp focuses on case studies and key legislative provisions to achieve best practices in state-sanctioned gambling and industry regulation.

For this year’s program, Entain and Seton Hall Law officials anticipate including nationally and internationally recognized experts who will explain:

  • Insights on the global and U.S. gambling markets and trends,
  • Legal and regulatory structures that ensure market integrity and player protection, and
  • Transparent compliance protocols that protect both the public interest and operators.

Entain is the only global operator in sports betting and gaming which supports the provision of education for legal, compliance and ethics professionals in gaming in the U.S., where rapid growth has led to a surge in demand for these capabilities, and regulation differs state by state.

Martin Lycka, Senior Vice President for American Regulatory Affairs & Responsible Gambling said:  “The Bootcamp aligns with Entain’s focus on promoting sports integrity, responsible gambling, and corporate compliance. We look forward to extending our partnership with Seton Hall Law School, a leading law school and a recognized global leader in compliance education, to help provide professionals with the specialist skill needed to support the growth of this sector in the U.S.”

Kathleen M. Boozang, Dean of Seton Hall Law, said, “This funding will guarantee the continued success of the Bootcamp and ensure that gaming compliance professionals have a strong understanding of regulatory frameworks and the ability to identify, scrutinize, prevent, and address unlawful or unethical behaviors.”

The move by Entain follows its recent extension of responsibility and player protection initiatives led by the U.S. Foundation into related sectors, including video gaming and esports. Earlier this month it announced partnerships with the Counter-Strike Professional Players Association, Kindbridge, Rise Above the Disorder, and an expanded partnership with EPIC Risk Management. These four organizations will provide mental health support services and education for players potentially at risk

William J. Pascrell III, a Trustee of the Entain Foundation US and Seton Hall Law alumnus, has been personally involved in championing the growth of sports betting in the U.S.. “This industry is growing very rapidly, and needs the support of top quality legal and compliance professionals who understand the complexities of the regulatory landscape,” he said. “This is a really exciting collaboration which seeks to do that.”

Compliance Updates

Hub88 granted supplier licence in Peru

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Hub88 granted supplier licence in Peru

 

Platform provider Hub88 has secured a supplier licence in Peru, a significant step as the company pursues further expansion across Latin America.

Granted by Peru’s Ministry of Foreign Trade and Tourism (MINCETUR), the new B2B certification permits Hub88 to provide its casino aggregation platform to locally licensed operators in the country.

New legislation entered into force in Peru at the end of 2023, introducing a licensing system for online betting and gaming with the regulated market soon to go live.

The regulatory approval further establishes Hub88’s position in LatAm where the provider has made great strides to become the aggregator platform of choice for local operators.

Hub88 can offer a gateway into the exciting region where its content is resonating well with local players, including titles from proprietary provider Bombay Live, the first supplier to be granted a licence to offer its live casino portfolio in the Province of Buenos Aires, with a dedicated studio in the region.

Hub88’s online casino game portfolio hosts more than 12,000 titles from more than 120 suppliers, including exclusive in-house studios OneTouch and Bombay Live, and a powerful back-office offering.

Ollie Castleman, Head of Hub88, said: “We’re delighted to receive this highly sought-after licence from MINCETUR as the regulated Peruvian market is about to launch, offering great potential.

“LatAm is a region of great importance to us and this approval will further strengthen our position as a leading platform provider in the territory, with a wealth of local knowledge and content proven popular with regional audiences. We are now looking forward to partnering with operators in Peru and bringing our games to local players.”

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AGCO Requires Ontario Gaming Operators to Stop Offering WBA Bets Due to Integrity Concerns

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The Alcohol and Gaming Commission of Ontario (AGCO) has mandated all Ontario-registered sportsbook operators to halt offering and accepting wagers on World Boxing Association (WBA) events immediately. This measure is being taken to protect the Ontario betting public following concerns that WBA-sanctioned boxing matches are not adequately being safeguarded against match-fixing and insider betting.

Since December 2023, the AGCO has been conducting a comprehensive review of suspicious wagering activity on a WBA-sanctioned title fight between Yoenis Tellez and Livan Navarro that was held in Orlando, Florida. Suspicious betting patterns on the bout lasting over 5.5 rounds were reported to the AGCO by two registered independent integrity monitors and detected in Ontario by a registered igaming operator. Media reports also alleged that Tellez’s Manager placed $110,000 on the match lasting longer than 5.5 rounds at a Florida casino. The bout ended with Tellez knocking out Navarro in the 10th round.

Following an intensive review that included outreach to the WBA, Ontario-registered gaming operators, independent integrity monitors, and regulators in other jurisdictions, the AGCO has concluded that bets related to WBA events do not currently meet the Registrar’s Standards for Internet Gaming.

The AGCO requires all Ontario-registered gaming operators to ensure the sport betting products they offer are on events that are effectively supervised by a sport governing body. At a minimum, the sport governing body must have and enforce codes of conduct that prohibit betting by insiders.

Registered gaming operators were unable to demonstrate to the AGCO that the WBA prohibits betting from insiders, which could include an athlete’s coaches, managers, handlers, athletic trainers, medical professionals, or others with access to non-public information. Further, registered gaming operators were unable to demonstrate that the WBA took any action to investigate or enforce the allegations of potential match-fixing and insider wagering.

The AGCO has indicated to registered operators that in order for WBA betting products to be reinstated in Ontario, operators must demonstrate that the WBA effectively supervises its events, thus bringing them into compliance with the Registrar’s Standards. In December 2022, the AGCO required gaming operators to stop offering bets on UFC events for similar issues related to insider betting safeguards. Within a month, UFC amended its policies and implemented new protocols that allowed the AGCO to reinstate betting on UFC events in the province.

“Ontarians who wish to bet on sporting events need to be confident that those events are fairly run, and that clear integrity safeguards are in place and enforced by an effective sport governing body. Knowing the popularity of boxing in Ontario, we look forward to reinstating betting on WBA events once appropriate safeguards against possible match-fixing and insider betting have been confirmed,” Dr. Karin Schnarr, Registrar and CEO of AGCO, said.

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Compliance Updates

Elys BMG Group Announces Approval for The Ugly Mug Sportsbook in Washington, DC.

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Elys BMG Group announced that The Ugly Mug in Washington D.C. has been granted provisional approval from the District of Columbia Office of Lottery and Gaming Regulation and Oversight Division (DCOLG) to open its sportsbook at 723 8th St. SE. As the fourth privately owned sportsbook venue in the District powered by Elys’ innovative Gameboard betting technology, The Ugly Mug stands as a testament to Elys’ commitment to bringing cutting-edge solutions to local businesses and sports enthusiasts.

The grand opening for The Ugly Mug sportsbook is anticipated to occur during the week of April 27th. Elys will unveil the grand opening festivities, promotions, and events as the date draws closer.

With easy access to sports wagering and a classic American menu in a relaxed setting, The Ugly Mug sportsbook is set to become a premier destination in the Navy Yard region of Washington D.C. and is another step forward for Elys becoming the leading betting technology provider for neighborhood sportsbooks in the US.

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