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Compliance Updates

PACE-O-MATIC Releases Statement Regarding Important Announcement on Virginia Market

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Pace-O-Matic Announces Major Fraud Suit Against Prominent Pennsylvania Law Firm

 

Pace-O-Matic of Virginia (POM of VA) released the following statement regarding the status of illegal games in the Virginia market and the legality of Pre-Reveal/NextPlay software currently invading the Commonwealth.

“The Virginia legislature’s decision to ban the regulated skill game industry has resulted in an influx of illegal gaming terminals that are not paying taxes. Skill games were critical in helping restaurants and small businesses survive and thrive in the Commonwealth and generated over $130 million in tax revenue. Whether it is illegal gaming equipment in strip malls, VGTs in bars and restaurants disguised as charitable games, or the Pre-Reveal/NextPlay software invading the market… the influx is real and expansive. POM of VA finds the situation untenable and urges legislators to strongly consider righting a wrong and allow the play of skill games to help small businesses in the Commonwealth.

“The expansion of illegal games in the Commonwealth has been aided by legal opinion letters that have no basis under Virginia law and even under the most generous interpretation. Additionally, confusion surrounding the lack of clarity to enforcement agencies from the skill game ban has resulted in a complete lack of enforcement by Virginia State and local officials, putting tremendous pressure on all small businesses in the Commonwealth.  Facing market pressure from locations struggling to make ends meet, POM of VA was asked to consider deploying Pre-Reveal/NextPlay software, the software discussed in the opinion letters, to be deployed into the Virginia market.

“POM of VA invests heavily in securing the services of best-in-class legal counsel. Our legal advisors strongly believe that the opinion letters being relied on are incorrect and do not accurately reflect the law as it currently stands in Virginia.  In our view, these opinions are incorrect and advise people to commit illegal acts.

“POM of VA will continue to keep our games out of the marketplace in accordance with the law. While we still have terminals at some locations as pending lawsuits work through the courts, our games have been turned off and unavailable for play since July 1, 2021. That is who we are, and that is who we want to be for the Commonwealth of Virginia. A trusted partner that the Commonwealth can count on to abide by all applicable laws, support small businesses and capture significant tax revenue for the Commonwealth.”

POM of VA believes there is a bright future for legal skill games in the Commonwealth of Virginia. The facts are clear, legal skill games generated over $130 million in tax revenue for the Commonwealth and localities in the one year they were regulated. In addition, legal skill games provided a lifeline for small businesses, bars, restaurants, and convenience stores by generating critical revenue during the pandemic.  Most of those small businesses would have met their demise without this lifeline.

 

Compliance Updates

JCM Global Receives Approval to Operate in West Virginia

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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.

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Compliance Updates

SYNOT Games Officially Certifies Over 140 Games in Brazil

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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.

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Compliance Updates

Delasport Now GLI-Certified for Sports Betting in Brazil

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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.

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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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