Compliance Updates
FORMER NEW JERSEY DIVISION OF GAMING ENFORCEMENT LAB CHIEF ERIC WEISS JOINS ERIC FRANK’S REBRANDED CONSULTANCY ODDS ON COMPLIANCE
Odds On Compliance has been officially unveiled as the rebrand of EDF Compliance, with immediate effect. Eric Frank, Odds On Compliance CEO and Founder, who launched EDF Compliance in early 2021 to provide industry-leading regulatory compliance consultancy services to the sports betting, iGaming and gambling sectors, announced the new Odds On Compliance brand, and welcomed industry veteran Eric Weiss, VP of Technical Compliance for Odds On Compliance, to the team.
“I am delighted to officially unveil Odds On Compliance as the new name for EDF Compliance and welcome Eric Weiss to the Odds On team,” announced Eric Frank. “Eric adds unrivaled U.S. regulatory and market knowledge to our core group, enabling us to meet the broad range of needs of our clients. Our experience, knowledge and skills immediately position Odds On Compliance as the leading provider of regulatory compliance consultancy services in the sports betting, iGaming and gambling industries in the U.S. and worldwide. The value to our customers goes beyond our years of experience in the industry, as I’m also excited to announce the creation of our software development arm which is building unique compliance and regulatory information tools which we will be unveiling soon.”
Odds On Compliance CEO and Founder Eric Frank is a sports betting, iGaming and gambling industry leader. His past experience includes roles as Group Compliance Officer at The Stars Group and as a legal advisor at an AM Law 100 firm. He is currently working as an advisor to a multitude of industry clients, acting on the advisory board of BettorFantasy, and working as a special advisor to Genius Sports on U.S. regulatory affairs. This range of experience gives Eric market-leading insights and experience into the complex and dynamic regulatory compliance market, both in the U.S. and abroad.
Eric Weiss is recently retired from the New Jersey Division of Gaming Enforcement, where he served as Chief of Staff, and, most recently, Deputy Executive Director – Technical Services / Slot Laboratory. Eric joins Odds On Compliance as Vice President, Technical Compliance and brings over 30 years’ experience, adding significant market insights, experience and knowledge to the core team.
“I am proud to be joining Eric and the team at Odds On Compliance and am excited to start work with our clients,” added Eric Weiss. “There isn’t anyone in the industry with the combined knowledge Odds On Compliance brings to companies who need help navigating the ever-evolving world of sports betting compliance and regulatory environments, so the chance to join the team was one I could not turn down.”
Alongside Eric Frank and Eric Weiss are Mike Mignone, Senior Advisor, Technical Compliance; Joe Casole, Senior Advisor, Regulatory Compliance; and Jared Bowen, Senior Project Manager. Mignone’s experience includes working in Quality Assurance and Technical Compliance at GLI, and at William Hill as the Technical Compliance Manager for the Eastern United States. Casole brings experience in the gaming and cannabis groups at Duane Morris LLP, one of the world’s largest law firms, and managing global regulatory compliance at GLI. Jared Bowen is a U.S. Army veteran who deployed to Afghanistan from 2010 to 2011 as part of Operation Enduring Freedom. Prior to joining Odds On Compliance, Bowen was an IT management professional, supporting businesses across multiple industries since 2011.
Compliance Updates
JCM Global Receives Approval to Operate in West Virginia
JCM Global announced that it has successfully passed regulatory review and received a manufacturer’s license from the West Virginia Lottery Commission. The license enables JCM to directly sell to and service customers in the state.
“At JCM, we are committed to our customers. While attaining licensing was not required, we pursued it because it allows us to directly provide JCM’s leading technology and advanced systems, backed by our world-class service, and support, resulting in faster service times and simplifying the entire relationship between JCM and our customers,” said JCM SVP – Sales, Marketing & Operations Dave Kubajak in a statement.
JCM recently announced it has attained licenses in Colorado and New Mexico, bringing the company’s total number of active gaming licenses to 177.
In West Virginia, JCM will provide technology, including the iVIZION bill validator; ICB Intelligent Cash Box System, which boosts security and efficiencies across the gaming floor; and the GEN5 thermal printer, which delivers TITO, personalized promotions, and rewards directly to the player.
Compliance Updates
SYNOT Games Officially Certifies Over 140 Games in Brazil
SYNOT Games has announced that more than 140 of its games have now been officially certified in Brazil.
“We are delighted to announce that more than 140 of our games have now been officially certified in Brazil. This significant achievement allows us to expand our reach and introduce a diverse selection of games to this dynamic market. Brazil represents a key opportunity for growth, and we are committed to delivering exceptional gaming experiences to the Brazilian audience,” the Company said.
“We are thrilled to introduce our portfolio in Brazil, offering innovative and engaging gameplay that promises to captivate and entertain players,” Martina Krajci, CCO at SYNOT Games, said.
Compliance Updates
Delasport Now GLI-Certified for Sports Betting in Brazil
Delasport has just become one of the first suppliers to obtain a GLI certification for its sportsbook in Brazil, two weeks before the historical regulation comes into effect.
Continuing its global growth, Delasport is bringing several operators on board in Brazil. In order to complete the process, operators that are applying for a new Brazilian license have 30 days to provide all relevant platform certificates from the moment that they are notified by the regulator that their initial submission has been accepted. This is also the moment that they can pay the license fee. Still, failure to provide platform certificates will result in the application being placed on hold.
Delasport turned to Gaming Laboratories International (GLI) for the certification of its sportsbook against Brazilian technical standards. The historical partnership with GLI was further strengthened by the news, a few months back, that GLI had become the first laboratory to achieve the local accreditation to certify for betting systems, live game studios, and online games by the Secretaria De Prêmios e Apostas (SPA) in Brazil.
Delasport has successfully met all technical requirements for providing its sports betting solution to the largest country in South America. The certificate is evidence of the team’s experience, expertise, and determination to lead the way in key jurisdictions.
Obtaining a GLI certification for Brazil is a step towards cementing the trust players and operators have for Delasport’s products. This serves to show that the award-winning supplier is capable of meeting even the strictest industry standards for integrity and fairness.
“When we learnt that providing platform certificates to the regulator was on our partner operators’ critical path for obtaining the license, we immediately prioritized submitting the system to GLI for testing”, Delasport’s Chief Compliance Officer Filippo Ferri said. “Needless to say, GLI did a tremendous job of working with us to conduct the tests in record time, to match the submission deadline of some of our clients. I am also very proud of how our internal departments worked together to obtain this certificate, and of how they continue to push forward with the delivery of a datavault system that complies with SIGAP requirements.”
Operators that plan on entering the newly regulated Brazilian market will now have numerous advantages if they partner with Delasport. They will be able to provide their players with personalization features like My Sportsbook, My Event Builder, and My Combo that skyrocket revenues and retention.
Furthermore, Delasport’s KYC and AML provider is a market leader that guarantees the highest level of compliance for all operators that choose to go on this route.
Also, Delasport has already partnered with numerous local payment system providers and offers a real-time AI-powered Responsible Gambling system which can easily adapt to local regulations.
Last, but not least, operators will feel Delasport’s support from the get-go all the way to establishing themselves as a market leader. Delasport is knowledgeable of cultural and regional differences and can address all localization needs from the early stages of engagement.
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