Compliance Updates
EveryMatrix receives iGaming approval in Michigan
After filing for licensing in Michigan earlier this year to support its strong commercial advancements, iGaming platform provider EveryMatrix has received conditional approval from the Michigan Gaming Control Board.
As a result, EveryMatrix is officially allowed to distribute iGaming content in the state of Michigan via CasinoEngine, its casino integration and productivity platform.
CasinoEngine holds the largest casino content library in the industry, providing seamless access to over 12,500 games across 250+ casino vendors and sub-vendors. Thanks to its modularity, it can also be integrated with 3rd party platforms.
This was part of an ongoing effort to expand the companyâs reach in the iGaming vertical. Besides Michigan, EveryMatrix has successfully obtained licensing in West Virginia and New Jersey, with more jurisdictions on their way as well.
Erik Nyman, President EveryMatrix Americas, says: âThe state of Michigan has established a solid framework for online gaming and delivered strong results since market opening. We are very pleased that EveryMatrix has been granted the license approval for iGaming and expect to go live shortly with our customers.â
Compliance Updates
Arkansas Casino Seeks iGaming Approval
An Arkansas casino is seeking approval to operate an iGaming app, allowing people within the state to go online to play casino games such as slots, blackjack, craps and more.
On March 13, Carlton Saffa, Chief Market Officer for the Saracen Casino Resort in Pine Bluff, wrote to Arkansas Racing Commission Chairman Alex Lieblong asking for a change in the rules to allow Internet casino gambling, which is often referred to as iGaming or iCasino platforms.
On Monday, Saffa told Gambling.com he hopes to appear before the Arkansas Racing Commission on May 6 seeking approval to offer iGaming. The Arkansas Racing Commission regulates all gambling matters in the state including horse racing and casino games.
iGaming Doesn’t Hurt Bricks-And-Mortar Casinos: Saffa
Nationwide, only a half dozen states from Michigan to Connecticut offer Internet casino gambling. Arkansas would be the first in its region with iGaming, permitting users who want to log onto a computer or download an app to play traditional casino games for money. Other states in the region already offer sports betting.
In his March 13 letter to state regulators, Saffa said estimates indicate Internet casino gambling from the Saracen Casino Resort alone would generate an additional $12 million in taxes annually for the state. Internet casino gambling, or iGaming, generally raises more tax revenue than sports betting in states that have both.
However, in some states without iGaming, casino operators have fought legalization, contending customers wonât visit a bricks-and-mortar casinos and spend money at restaurants and on other amenities including entertainment and lodging if they can log onto cellphones or computers and gamble from anywhere. In his letter to state regulators, Saffa pointed to research showing iGaming doesnât cannibalize bricks-and-mortar casinos but instead gives them âa liftâ.
State Rule Change Required
Arkansas already allows online poker, though that has not been made available to consumers, Saffa said. He said the ability to allow iGaming would require the Arkansas Racing Commission to amend a rule to include Internet casino games in addition to the currently legal online card games such as poker.
âA solution exists by amending ARC Rule 5, which already authorizes online poker, to include other types of table games and slots,â Saffa told Gambling.com on Monday. âDoing so would provide significant tax revenues to government and, just as important, ensure that operators be held accountable by the government. Given that we have seen online operators in the fantasy sports space ignore cease and desist demands from the state, merely attempting to police the matter is not a workable solution.â
Saffa recently made a similar argument on the topic of unregulated gambling, telling Gambling.com on The Edge he opposes a ban on college player props bets, saying, âSunlight is the best disinfectant.â
âPeople in Arkansas are already gambling in online casinos and those companies are not regulated or taxed by the Arkansas Racing Commission,â Saffa said Monday. âThose companies are not held to the standards the people of Arkansas set forth for operators to include that a customer must be 21.â
Compliance Updates
U.S. INTEGRITY AND ODDS ON COMPLIANCE ANNOUNCE REBRAND AS INTEGRITY COMPLIANCE 360
Following the successful completion of their merger, U.S. Integrity and Odds On Compliance Launch IC360, Establishing the One-Stop-Shop Standard for Integrity and Compliance Solutions
U.S. Integrity and Odds On Compliance announced the completion of their merger and the launch of the combined entityâs new name, Integrity Compliance 360 (IC360). The merger cements IC360 as the unequivocal global leader in delivering best-in-class integrity and compliance regtech products and services for the sports betting and gaming sector.
IC360 will leverage the combined expertise, resources, and industry knowledge of U.S. Integrity and Odds On Compliance to continue delivering innovative solutions that empower organizations to achieve and maintain the highest standards of integrity and compliance.
“The coming together of U.S. Integrity and Odds On Compliance represents a strategic alignment of values and a shared commitment to excellence,â said IC360 CEO Matt Holt, formerly CEO of U.S. Integrity. âAs IC360, we are dedicated to providing our clients with 360-degree solutions that address their unique compliance challenges, ensuring they can operate with integrity and confidence in today’s complex regulatory environment.”
The strategic unification of these two prominent organizations reflects a commitment to providing unparalleled compliance and integrity solutions in a rapidly evolving regulatory landscape. âOur vision is clear: to help lead our industry forward on compliance and integrity standards, empowering our partners to raise the bar. We believe the IC360 brand represents just that. This is only the beginning of an exciting chapter for Integrity Compliance 360,” commented Eric Frank, President of IC360, formerly CEO of Odds On Compliance. The merger creates a comprehensive and dynamic suite of solutions and services.
IC360âs portfolio of services includes integrity monitoring, compliance advisory, and education, along with established products like the Integrity Monitoring dashboard, a foundational product for monitoring real-time sports integrity issues, PlayBookAI, the robust online repository of sports betting laws and regulations, and ProhiBet, the pioneering solution for ensuring compliance for athletes, coaches, and staff.
âWith a comprehensive suite of services and leveraging the collective expertise of U.S. Integrity and Odds On Compliance, this is an evolution of a journey dedicated to setting industry benchmarks and creating a one-stop-shop for integrity and compliance needs,â added Scott Sadin, COO of IC360, formerly COO of U.S. Integrity. âIntegrity Compliance 360 looks forward to a future marked by continued growth, impactful partnerships, and a steadfast dedication to the highest standards of integrity and compliance.â
Compliance Updates
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 Peruâs 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 Hub88âs 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.
Hub88âs 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: âWeâre delighted to receive this highly sought-after licence from MINCETUR as the regulated Peruvian market is about to launch, offering great potential.
âLatAm 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.â
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