Compliance Updates
FORMER NEW JERSEY DIVISION OF GAMING ENFORCEMENT LAB CHIEF ERIC WEISS JOINS ERIC FRANK’S REBRANDED CONSULTANCY ODDS ON COMPLIANCE
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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
Washington’s Lottery Achieves Nation’s Highest Level of Responsible Gambling Certification
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Washington’s Lottery announced that it has achieved the highest level of responsible gambling certification in the country. As acknowledged by the National Council on Problem Gambling (NCPG) and the North American Association of State and Provincial Lotteries (NASPL), Washington’s Lottery officially was certified for “Responsible Gambling Verification Best Practices at the Sustaining Level” in December 2024, the culmination of a process that began with certification at the Planning Level in 2019 and Implementation Level in 2021.
Washington’s Lottery is only the third state lottery in addition to Virginia and Ohio to achieve this milestone. NCPG and NASPL also recognize nine other state lotteries that have achieved a similar certification through the World Lottery Association.
“I can’t begin to express how proud I am of the work our team has done to achieve this important standard. We have a unique obligation as a state agency that sells a gambling product and need to balance the goal of raising money for important state initiatives like education with the need to acknowledge and assist the small percentage of players who may experience gambling-related distress. We take that work very seriously and weave it into all aspects of our jobs,” Kristi Weeks, Director of Legal Services for Washington’s Lottery, said.
To receive the Sustaining Level certification, Washington’s Lottery was evaluated by a team of four independent experts, who reviewed the lottery’s efforts in eight key categories related to responsible gambling: planning, employee training, retailer training, public education and awareness, product oversight, research, advertising, and resources.
“The key to our success has been the integration of responsible gambling initiatives into each and every employee’s position rather than centralizing it into only one or a few positions,” Weeks added.
Compliance Updates
IBIA establishes innovative Payment Provider Forum to protect the integrity of the sports betting market in Brazil from financial fraud
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Six payment providers have signed a Declaration of Commitment and Participation
In a pioneering move to bolster the integrity of Brazil’s newly regulated and rapidly expanding sports betting market, the International Betting Integrity Association (IBIA) today launched a dedicated Payment Provider Forum with the explicit goal of protecting the market from financial fraud related to competition manipulation. The project has launched with six prominent payment providers already signed up to a Declaration of Commitment and Participation: Bazk, Z.ro Bank, OneKey Payments, OKTO, VPag and Pay4Fun.
With IBIA’s members forecast to generate over 70% of remote gross gambling revenue in Brazil, IBIA will play a key role in protecting the integrity of the sports betting market. Payment providers and other related financial services can also play a crucial role in ensuring the integrity of sports betting. The IBIA Payment Provider Forum has therefore been established to foster collaborative activities that contribute to a robust, secure and responsible gambling market in Brazil.
Regulatory and other institutions linked to financial payments and competition manipulation will be invited to join Forum meetings and engage in the development and implementation of preventative actions against financial fraud.
The Forum will also benefit from IBIA’s extensive knowledge of sports betting integrity issues and trends, obtained from its global integrity monitoring and data intelligence network. That includes many of the world’s largest regulated betting operators, active across six continents, and partnerships with leading sports bodies and gambling regulatory authorities. It will also leverage IBIA’s expertise in establishing industry standards, such as its Data Standards Kitemark.
Khalid Ali, CEO at IBIA, said: “Cooperation between financial services, regulatory authorities and betting operators is essential to address the challenges from financial fraud and to maximise the potential of the sector in Brazil. IBIA is therefore delighted that these major payment institutions have agreed to explore collaborative activities to protect the market. Working together, we can create a sustainable and thriving sports betting market in Brazil that benefits all stakeholders. Cross-sector partnership working is a central pillar of IBIA’s global activity, and the association will be assessing the potential benefits of replicating this group in a wider international setting.”
To that end, the Declaration’s signatories have committed to:
- Collaborate in the development of standards and best practices for payment processing.
- Engage with regulatory bodies to defend a robust, fair and effective regulatory framework.
- Promote responsible gambling and consumer, market and sporting event protection.
- Share knowledge and expertise to innovate and improve the payments ecosystem.
- Maintain the highest standards of ethical conduct and compliance with regulations.
The first meeting of the Forum will take place during SBC Rio.
Compliance Updates
Aristocrat Interactive Secures Approval for OASIS Rollout in Washington
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Aristocrat Interactive, the rebranded online Real Money Gaming (RMG) division of Aristocrat, has received certification from the Washington State Gambling Commission to roll out its OASIS system to Class III operators across the State. OASIS is a comprehensive casino management system designed to offer a superior experience for land and sea-based operators.
Through this new jurisdiction approval, OASIS is now available to all 29 federally recognized tribal casinos in the state with a Class III Gaming Compact. This approval builds on OASIS’ existing authorization for Class II gaming in Washington, as BJ’s Bingo & Gaming in Fife, WA has used Aristocrat Interactive’s OASIS system for many years.
“We are thrilled that our OASIS system has been licensed by the Washington State Gambling Commission, and we look forward to working with more Casinos as we expand our footprint across the state. We strive to provide our casino partners with innovative solutions, helping them stand apart from their competition,” Kristen Jones, VP Sales of Aristocrat Interactive Gaming Systems, said.
With 360 partners across North America, Aristocrat Interactive Gaming Systems’ product suite has proven to be a key addition to casinos looking to enhance their operational capabilities. Quinault Beach Resort will be the first operator to incorporate the OASIS system through this new approval.
“We look forward to being the first-Class III casino in Washington to utilize the OASIS system across our casino floor. It is a cutting-edge solution that we are confident will lead to increased efficiencies across our operations,” Mark Palmer, GM at Quinault Beach Resort, said.
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