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Compliance Updates

IBIA AND FECOLJUEGOS JOIN FORCES TO RAISE STANDARDS IN SPORTS BETTING INTEGRITY IN COLOMBIA

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IBIA AND FECOLJUEGOS JOIN FORCES TO RAISE STANDARDS IN SPORTS BETTING INTEGRITY IN COLOMBIA

 

The International Betting Integrity Association – IBIA – together with the Colombian Federation of Entrepreneurs of Games of Luck and Chance – FECOLJUEGOS recently signed a Memorandum of Understanding with the aim of joining forces to establish projects and initiatives to fight against sports betting related fraud in Colombia and to protect the integrity of sports and sports betting companies.

IBIA is the world’s leading voice on integrity for the licensed sports betting industry with its account-based integrity monitoring system covering over US$137bn in betting transactions per annum globally. Data from IBIA and its members have played a significant role in supporting the investigations, prosecutions, and sanctioning of those parties involved in match-fixing, mitigating and preventing the possibilities of this type of irregular practice.

In 2021 those suspicious betting activities reported by IBIA to relevant authorities helped in issuing sporting or criminal sanctions against 11 teams or players. IBIA reported 121 alerts to relevant authorities in Latin America between 2017 and 2021, with a total of 9 alerts regarding suspicious matches taking place in Colombia- 8 concerning tennis and 1 football.

According to the latest figures from leading market data intelligence company H2 Gambling Capital, the total betting gross win in 2021 in Latin America[1] was worth US$1.9bn in 2021 with projections showing that it should rise to US$3.5bn in 2026. In Colombia the betting gross win is estimated at US$808m in 2021 and should increase to US$1.1 bn in 2026.

Khalid Ali, CEO of IBIA stated: “We are happy to collaborate with Fecoljuegos on common projects in the fight against match-fixing. The establishment of the Colombian National Committee for the prevention of manipulation of sports competitions is the first of its kind in the Latin American region. Fecoljuegos played an important role in its launch and we fully support the call for integrity provisions to be included in the gambling legislation’.

For his part, Evert Montero Cárdenas, president of Fecoljuegos, considers that this is an important step for the sector in Colombia that reaffirms the industry’s commitment in this matter: “With great expectation we receive this memorandum which establishes an agreement of wills, we believe that this is an important step to shield the activity from irregular practices that have affected it for years. Partnering with IBIA is surely something that guarantees higher standards of integrity, which represents an advantage for the legal industry in the country”.

[1] Excluding Mexico as in the H2 Gambling Capital statistics Mexico is included in the North America section.

Compliance Updates

VIP Play Obtains Interim West Virginia iGaming and Sports Wagering Management Service Provider Licenses

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VIP Play Inc. announced the approval of its interim License in West Virginia for both Sports Wagering and iGaming managed services. This follows the recently announced market access partnership between VIP Play and Delaware North’s Wheeling Island Casino.

This milestone marks the company’s initial expansion beyond Tennessee, where it currently operates as a mobile Sports Wagering Operator. The interim License in West Virginia also adds iGaming to the company’s book of business, and allows VIP Play to participate in the rapidly expanding i-Gaming industry. VIP Play expects to begin serving West Virginia customers in the coming months.

Bruce Cassidy, VIP Play CEO & Chairman of the Board, said: “The acquisition of our interim Sports Wagering and i-Gaming License in West Virginia marks a significant milestone in our journey to expand, underscoring our commitment to provide innovative experiences to a wider audience. As we grow our presence, our dedication to excellence stands firm, and we’re excited to play a role in enriching West Virginia’s dynamic gaming community.”

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Compliance Updates

QTech Games sharpens its LatAm focus with MINCETUR licence in Peru

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QTech Games sharpens its LatAm focus with MINCETUR licence in Peru

 

New certification for emerging-markets leader arrives ahead of key industry summit in Sao Paulo and awards recognition

QTech Games, the leading game aggregator for emerging markets, has had its platform and games successfully approved for the Peruvian market, demonstrating that its premier B2B platform and all-encompassing content conforms to the latest legislative updates to enhance and regulate Peru’s local gaming environment.

Peru’s Ministry of Foreign Commerce and Tourism (MINCETUR) has now issued an online gaming licence to QTech Games, whereby all its platform products and games are now deemed legally permitted. This includes its new software service for retail, QTech Hybrid, which allows land-based partners to scale their operations online. QTech Hybrid simplifies transactions by enabling deposits, withdrawals and gameplay while allowing access to players both in-shop and on personal devices.

This breakthrough hybrid solution has quickly won clients and awards in the comparably fragmented African market (most recently in March for Best Innovation at AGE Lagos), and now promises to do likewise across LatAm, where QTech Games has already signed several major clients for both its aggregation platform and its QTech Hybrid solution. This activity has seen it again nominated for Best Aggregator at the SiGMA Americas Awards, which kickstart the SiGMA Americas summit (7-10 April) next week, as the igaming world converges on Sao Paulo for a must-attend conference in another of QTech Games’ “focus markets” for 2025.

Philip Doftvik, QTech Games’ CEO, said: “It’s fantastic to have certified our aggregation platform in Peru via MINCETUR – and I’m pleased to say we have more such approvals pending across the continent. We attended fantastic events in Rio and, more recently, SAGSE 2025 in Buenos Aires – and anticipate more of the same at SiGMA Americas in Sao Paulo next week, where we’re also thrilled to have been shortlisted for Best Aggregator at their LatAm Awards. Given the venue, Brazil will be dominating the discussion for many at SiGMA Sao Paulo. However, we’ll also be looking beyond Brazilian borders this year, and are already active in Mexico, Chile, Colombia and Paraguay. We know our QTech Hybrid solution will work very well wherever we put a pin on the LatAm map.”

QTech Games delegates will be present at five more LatAm summits in 2025, with SiGMA Americas (7 April) the next port of call – followed by GAT Expo Cartagena (28 April), SBC Americas (13 May), Peru Gaming Show (18 June) and GAT Expo Mexico (28 Aug).

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Compliance Updates

IGSA Welcomes Eclipse Compliance Testing as a New Vertical Member

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The International Gaming Standards Association (IGSA) has welcomed Eclipse Compliance Testing as a new Vertical member.

IGSA President Mark Pace said: “IGSA is excited to welcome Eclipse Compliance Testing as a new member, as their extensive knowledge in gaming product compliance testing for over 25 years will be invaluable.”

Eclipse Compliance Testing Founder Nick Farley said: “Eclipse Compliance Testing is pleased to add its voice and expertise in regulatory compliance testing. We have been on the fore front of the battle to help define what is legal and what is not and hope to contribute to the ongoing regulatory work that IGSA has undertaken.”

Eclipse Compliance Testing (ECT) is a full-service ISO 17025, 17020 and GSA accredited regulatory compliance Independent Test Laboratory (ITL) for the casino gaming, lottery, and amusement industries.

Founded in 2000 by gaming compliance testing pioneer, Nick Farley, and former General Electric executive, Janice Farley, ECT serves over 250 regulated markets globally with regulatory testing for devices and systems in Class III, Class II, skill games, electronic pull-tabs, iGaming, mobile gaming, sports wagering, DFS, and charitable gaming markets.

ECT also provides assistance in the preparation of technical standards and regulations, expert testimony services on behalf of legal professionals, federal, state and local law enforcement agencies, on-site inspections and audits, consulting and technical advice, forensic evaluations, and training.

ECT is a current member of the International Gaming Standards Association (IGSA), North American Gaming Regulators Association (NAGRA), the American Amusement Machine Association (AAMA) and the Oklahoma Tribal Gaming Regulators Association (OTGRA).

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