Regulatory changes for slot machines in Romania

announced the structure and leadership of its newly formed brand, Aristocrat Interactive. 

Combining Anaxi and NeoGames, Aristocrat Interactive aims to lead online Real Money Gaming (RMG) solutions and be the “most trusted” interactive partner for connecting experiences for operators and players. The company offers a full suite of content, technology, and services. 

“ is a major step forward,” said Moti Malul, CEO. “We’re setting a new standard with our combined strengths.” 

Aristocrat Interactive will operate through five distinct business units:

• iLottery: Led by Chris Shaban, this initiative operates to transform the way governments conduct lotteries by taking them online.
• Content and aggregation: Adrian Bailey leads the top-quality content aggregation solutions.
• Gaming systems: Casino operators are provided with technology solutions led by Neil Crossan.
• iGaming and sports: Offers online operators content and tech products for online gaming and sports betting, led by Dima Reiderman.
• iGaming white-Label: Provides a turnkey solution for new RMG operators, led by Jonathan Chilton.

The company prioritises a responsible gaming environment that ensures a safe and positive experience for all users. It is firmly committed to operating within legal frameworks and adhering to the highest regulatory standards. Additionally, the company actively participates in advocating for advancements in regulations that benefit both the industry and its stakeholders.

As of 26 June 2024, all operations under Anaxi branding and . started operating under the Aristocrat Interactive brand. This launch marks a new chapter for Aristocrat, and the company plans to unite its global teams and deliver innovative solutions for the future of online gaming. A dedicated website for Aristocrat Interactive will launch on 1 September. 

Get the latest updates and news for the upcoming  Summit powered by Soft2Bet, which will take place in Budapest from 2-4 September.

Several DraftKings employees are facing serious allegations after a New York resident, identified in court documents as “John Doe”, claimed his personal information was leaked, resulting in a distressing assault and extortion attempt. This legal dispute has garnered significant public attention.

The incident reportedly began in March 2023 when John Doe, residing in Long Island City, was approached on a subway platform by an assailant who aggressively demanded $500,000. It's alleged that the assailant had been waiting for John Doe outside his apartment for several hours before confronting him at the subway platform.

The lawsuit claims this demand was linked to Gadoon "Spanky" Kyrollos, a prominent figure in sports betting.

John Doe asserts that his sensitive details were obtained through undisclosed means involving employees of DraftKings. According to the lawsuit, DraftKings is accused of exposing John Doe's personal information, including his address, betting history, and financial records, to Kyrollos and potentially others. The plaintiff claims this breach made him vulnerable to threats and physical harm, culminating in a terrifying assault that has left him living in constant fear for his safety.

DraftKings has vehemently denied these accusations, stating there is no evidence that any of its employees leaked confidential customer information. The company's response challenges the allegations as unsubstantiated. DraftKings also reiterated its commitment to customer security and privacy.

A DraftKings spokesman told Sports Handle: “In the complaint, the plaintiff does not identify any DraftKings employee, but rather alleges on ‘information and belief’ that an unknown and unidentified DraftKings employee provided private account information to ‘Spanky’ and to additional unnamed third parties. DraftKings has found no evidence of anyone at DraftKings providing plaintiff’s information to a third-party, and DraftKings denies acknowledging any such “security breach”.”

Spanky Kyrollos to the plaintiff's claims in a social media post. According to Spanky, the anonymous plaintiff and his attorney, Steve Jacobs, are one and the same person.

Spanky claims he had a contentious partnership with Steve Jacobs. He explained that, due to being banned from betting by certain operators, including DraftKings, he relies on bettors like Steve Jacobs to place bets. Despite their allegedly successful collaboration, Spanky claims that Steve Jacobs never shared any of the earnings with him.

This legal battle is linked to broader concerns about the security of personal data in the iGaming industry. With more states legalising and regulating sports gambling, protecting customer information from exploitation has become increasingly crucial. The DraftKings case, regardless of the veracity of the allegations, serves as a reminder of the potential risks individuals face when their information is mishandled.

As the legal proceedings continue, they are likely to spark discussions about regulatory frameworks and corporate responsibilities when it comes to consumer protection and .

 Summit powered by Soft2Bet, will take place in Budapest from 2-4 September 2024.

In Peru, almost five months after the regulation of the iGaming market, major gambling operators are obtaining licences to conduct business in the country.

In October 2023, the Peruvian Ministry of Foreign Trade and Tourism () endorsed for sports betting and iGaming. This legislation, which came into effect on February 9, 2024, made Peru the third country in South America to regulate this sector, following Colombia and specific provinces in Argentina (Buenos Aires, Córdoba, and Mendoza). According to the new law, all operators must apply for a licence to legally offer their services within the country.

“It is the first time that this important economic activity has been regulated in the country”, said Juan Carlos Mathews, the Minister of Foreign Trade and Tourism in Peru.

Operators active in Peru had a one-month window from February 10 to March 10, 2024, to submit their licence applications.

The response from the industry to Peru's new regulatory framework has been overwhelmingly positive. Many operators have expressed that they had long awaited this change in legislation, viewing it as an opportunity to engage more actively in the Peruvian economy.

Mincetur reported receiving 145 licence applications from both national and offshore operators, a clear sign of the potential growth within the market.

Leading operators are now starting to obtain their licenses.

On the 26^th of June 2024, Betsson was awarded its first Peruvian gaming licence, allowing it to offer both sports betting and online casino services under the new regulatory framework. Betsson, which has been active in Peru since 2008, has continually expanded its operations through the launch of new brands and the acquisition of existing iGaming and sports betting entities.

Other notable operators, such as Booming Games and 7777 gaming, have also recently been approved to operate in Peru.

The regulation of the online gaming and sports betting market in Peru is part of a broader trend in Latin America (LATAM). The region constitutes a major market for online gambling, with over 660 million people, representing 8.2% of the world's population, among whom 73% own a cell phone capable of online gaming.

As more South American countries move towards regulation, has very recently ratified a new regulatory framework for sports betting and iGaming.

 Summit powered by Soft2Bet, will take place in Budapest from 2-4 September 2024.

The political landscape in the United Kingdom has been rocked by a gambling scandal that has further eroded public trust in politicians. This controversy, which has embroiled both the Conservative and Labour parties, has drawn parallels with previous scandals such as Partygate and the expenses scandal, reinforcing the perception of a double standard in the rules governing politicians and the public.

Five weeks ago, the Conservatives launched their election campaign amidst challenging circumstances: they were trailing by 20 points in the polls and had seen four prime ministers in five years. However, the situation worsened when on 12 June, The Guardian reported that Craig Williams, Rishi Sunak’s closest parliamentary aide, was under investigation by the Gambling Commission for betting on a July election three days before it was announced.

The scandal has since widened to include at least four more Tories, six police officers, and one Labour candidate. The allegations revolve around the use of insider information to place bets, a practice that is not only unethical but potentially illegal. : its simplicity makes it easy for the public to understand, and it reinforces the perception that politicians operate outside the rules they set for others.

Michael Gove, the outgoing levelling up secretary, drew parallels between this scandal and the Partygate scandal, which severely damaged Boris Johnson’s government and eventually led to its collapse. He noted that the perception of politicians operating outside the rules was damaging during the Partygate scandal and is equally damaging now.

This scandal also bears similarities to the expenses scandal, which severely undermined public trust by creating the impression that politicians were not adhering to the rules they imposed on others. Like the Partygate and expenses scandals, the gambling scandal has been impossible to ignore due to the constant stream of damaging revelations.

A week after The Guardian’s story on Williams, the BBC reported that Tory candidate Laura Saunders and her husband, Tony Lee, the party’s director of campaigning, . The broadcaster also revealed that a police officer working in the prime minister’s close protection team had been arrested following an allegation of bets on the timing of the election. This revelation established that the scandal extended beyond a single individual.

The controversy deepened further when The Sunday Times reported that Nick Mason, the Conservative party’s head of data, was being investigated by the gambling watchdog over claims he had placed dozens of small bets that would have won him thousands of pounds cumulatively. He has denied any wrongdoing.

On Tuesday, the Metropolitan police announced that five more police officers were being investigated in relation to suspect bets on the date of the election. Shortly afterwards, A fifth Tory, Russell George, was also under investigation.

The Conservatives initially , much like they did with Partygate. However, as more Tories were implicated, they were forced to take stronger action. Sunak expressed his disappointment in Williams’s actions and later his anger as more Tories were implicated. Finally, after a week of attempting to weather the scandal, the prime minister withdrew support from Williams and Saunders and launched an internal inquiry.

The surprise news that a Labour candidate, Kevin Craig, is now under investigation by the gambling watchdog may take some of the sting out of Keir Starmer’s attacks. Craig was swiftly suspended as a candidate by Labour and is understood to be under investigation for betting that he would lose the race in his safe Tory seat, rather than acting on any insider information.

This scandal demonstrates that the investigation’s remit has widened significantly and will prompt a much larger conversation about political betting. In the US, a top Wall Street regulator is moving to ban betting on American elections, and there have already been calls for the UK to consider similar measures.

However, this will be a question for after the election. For the next prime minister, improving standards in politics and rebuilding public trust in politicians will need to be a priority. This scandal serves as a stark reminder of the importance of transparency, accountability, and ethical conduct in politics.

Sir Jim Ratcliffe, a prominent British industrialist, shared his candid views on the UK’s political and economic landscape. Ratcliffe expressed his disapproval of the non-domiciled tax status, a policy he believes is unwise to discard given the significant economic contributions of London’s wealthy residents. He emphasized the importance of retaining such individuals to maintain the city’s financial health.

Ratcliffesuggesting that such initiatives could attract substantial economic interest.

When asked about the current state of the UK and its political climate, Ratcliffe noted the Conservative Party’s lengthy tenure and the series of less-than-successful prime ministers it has produced. He conveyed a sense that the UK populace is ready for a change in leadership, hinting at a general fatigue with the current administration.

Discussing the Labour Party, Ratcliffe mentioned having met its leader, Keir Starmer, and described him as sensible and intelligent. He speculated that Starmer might have to make some unpopular decisions to address the nation’s challenges effectively.

Ratcliffe criticized the government’s handling of Brexit and its overall management of the economy, particularly the allocation of the country’s £2 trillion GDP. He argued that the government’s expenditure of £1 trillion indicates a need for more prudent spending, as it is the public’s money at stake.

The industrialist highlighted the UK’s infrastructure woes, citing outdated sewage systems and the privatization of water utilities as examples of mismanagement. He called for stricter regulations and consequences for utility companies that fail to invest in necessary upgrades.

On immigration, Ratcliffe pointed out the lack of a coherent strategy to address the influx of 500,000 people into the UK last year, which strains the country’s infrastructure. He emphasized the need for a sustainable approach to immigration that considers the capacity of the nation’s infrastructure.

Ratcliffe suggested that the Labour Party, under Starmer’s leadership, might bring about the changes needed to address these issues. However, he acknowledged that only time would reveal the effectiveness of such potential leadership. Ratcliffe himself dismissed any personal political ambitions, citing his lack of political correctness and wokeness as barriers to entry. He stressed the importance of making difficult decisions, even if unpopular, to steer the country in the right direction.

 Summit powered by Soft2Bet, will take place in Budapest from 2-4 September 2024.