Casino Security: How to Stay Safe When Gambling Online

Newcastle United has announced a multi-year partnership with BetMGM, the newly launched UK iGaming and online sports betting brand from MGM Resorts International. BetMGM has become an official club partner for the new 2023/24 season and its brand will be visible across St. James' Park, the club’s stadium.

Commenting on the partnership, Newcastle United's chief commercial officer, Peter Silverstone, said: "We are delighted to be introducing BetMGM as an official club partner. We are very pleased to be taking this step together and I'd like to welcome BetMGM to our growing family of partners."

BetMGM already has a significant presence in Newcastle, with the company's UK office in the city, and it “understands the football club, its fanbase and the region,” Silverstone added.

Sam Behar, UK director at BetMGM, said: "Newcastle United's re-entry into the world's elite this season is a golden moment for the football club and its incredible fans. He added, "We are proud that the club has selected BetMGM as one of its betting partners for the upcoming season."

BetMGM has kicked off its first UK advertising campaign, featuring stand-up comedian and actor Chris Rock.

Premier League clubs have agreed to withdraw gambling sponsorship from the front of their matchday shirts by the end of the 2025-26 season. However, clubs will still be able to continue featuring gambling brands in areas such as shirt sleeves and LED advertising. The decision was made after a consultation between the league, its clubs, and the Department for Digital, Culture, Media and Sport (DCMS) as part of the government’s ongoing review of current gambling legislation.

Join us in Malta between the 13 - 17 November for SiGMA Europe 2023

SiGMA Europe’s Malta Week festival brings together a diverse and international group of industry leaders for a convergence of expo, conference, and networking. The event will be held at the Mediterranean Maritime Hub (MMH), a larger, more dynamic venue that promises a raw, industrial, and unconventional space unlike anything ever used before.

In the words of SiGMA Group founder Eman Pulis, “We’re redesigning your entire experience, from the minute you land in Malta until the very last moment. I look forward to welcoming you with open arms to this iGaming festival.”

Find all the details here.

https://youtu.be/74qQqvlVmy0

Curaçao’s Minister of Finance, Javier Silvania, today delivered his welcome message during the first day of SiGMA Curaçao, an event hosted by the Ministry of Finance in association with SiGMA.

Here you may find the Minister’s message in its entirety.

Good afternoon, firstly I’d like to thank you all very much for gathering here today at the Curaçao’s very first gaming industry event. I am aware that this room is a mosaic of opinions, interests, and backgrounds, both local and international. From existing B2C operators to entrepreneurs, service companies, lawyers, games and platform developers and even those who have reservations about this legislation.

Our primary objective during this event is to dissect the practical implications of the proposed gambling process. This is not just a matter of regulatory updates or financial benefits. This is about shaping the future of Curaçao as a jurisdiction in a way that is transparent, accountable, and prosperous.

To those who have apprehensions about this legislation – I hear you. Changes are always met with skepticism, especially when they impact long-established practices. However, for all the operators out there our intent is not to disrupt, but to elevate.

I understand the varied business types represented here today. Each one of you plays a pivotal role in shaping the contours of our entertainment landscape. While our visions may differ, our end goal remains the same – ensuring that Curaçao thrives.

Before I delve into the rationale behind the new legislation and the changes in our gambling landscape, I want to take a moment to congratulate Daniel Leandro Giraldo Soto on winning the trophy at the WPT Curaçao Invitational tournament last night.  

Moreover I want to thank the World Poker Tour by putting on such a prestigious event as an explicit and unwavering show of support for the major undertaking of revitalizing the jurisdiction of Curaçao.

Now I would like to move on to the three fundamental reasons as to why the new legislation and processes are not only for the good of Curaçao as a gambling jurisdiction, but also for Curaçao as a country.

These are:

• Economic Benefits
• Social Benefits
• Reputational Benefits

Economic

Curaçao is the largest jurisdiction in terms of operator numbers, yet the public purse and the people of this island do not get even a fraction of what they deserve, given the staggering amount of revenue that flows through the island.

I think the best way to demonstrate this is to give you a visual example. 

In 2022, the Malta Gaming Authority reported licensing revenues of EUR 82 million.  That is 82 million just from fees to the authority.   During the same time period of one year the Curaçao government and Gaming Control board were entitled to the approximate amount of EUR 250,000

These figures are correct.  82 million versus 250,000. 

This contrast in numbers offers a sobering insight into the different trajectories and priorities of these two jurisdictions. It's crucial for Curaçao to evaluate its long-term strategy. Does it want to continue being the go-to for cheap and easy licenses or does it want to step up its game, increase its revenue, and simultaneously potentially provide better protection and benefits for both its operators and its citizens?

An alternative approach to consider is the broader contribution to the economy at large.  In a well-managed gambling jurisdiction the direct revenues to the regulator are only the tip of the iceberg.  The overall impact is monumental and demonstrates the real potential value to the economy.

The key driver of any gambling regulation is the gaming operations themselves, however the generation of economy in the sub-sectors can change not just the revenue to the gaming authority but indeed the overall economy on the island.

Firstly there are the mandatory services such as corporate, banking, internet services to support the gaming operations themselves. 

Along with that there are additional financial incomings – this includes property leasing for more local and expat employees, international bandwidth connections to other jurisdictions and markets, software development, training and education, not to mention of course the obvious one which is of course increased local employment.

And that is not all, evidence has repeatedly shown in other jurisdictions – very similar to ours – that the ripple effect runs even deeper – including retail and hospitality, financial, foreign spending and local hardware/equipment vendors.

Online gaming has been a game changer for the economies of small states such as Malta, Philippines, Gibraltar, Isle of Man, Alderney and Curaçao. In the case of Malta, online gaming has transformed the Island’s economy since it was introduced in 2014 as it depend primarily on tourism to a diverse economy that includes hospitality, property, financial services and IT services. In 2019 online gaming generating a total of €1.65bn into the Maltese economy, that is, more than 12% of the total year’s GDP. Figures have dipped since Covid had an impact; however the economic impact is undeniable.

Comparatively although the Isle of Man does not publish figures at the same depth as Malta, there are records of e-Gaming accounting over 20% of GDP – a value of approximately GBP 1 billion.

Social

When it comes to the social benefits let us discuss the impact on work and employment. The intent of our efforts to revitalize the legislative landscape is to develop Curaçao as a centre of excellence in the gambling industry.  This pushes envelope for employment opportunities and in fact there a many individuals and businesses out there who have no idea of the opportunities that are coming their way.

Now, envision a scenario where our local educational institutions, including our prestigious university incorporate industry specific training. Students could be offered tailored courses, internships, and training programs, paving the way for a future career that boasts of specialized skills that don’t now exist on the island. Such symbiotic relationships not only benefit the students and the establishments but also raise the profile of our education system.

Next, let's talk about the development of business areas. The establishment of such entertainment hubs often leads to the rejuvenation and development of the surrounding areas. Take, for instance, DMO and Otrabanda. As these zones thrive, they attract other businesses, from restaurants to retail shops, creating a ripple effect of economic growth, development, and urban revitalization.

Moreover, with the growth of these hubs, there's an inherent need for skill development. This doesn't mean just training those who wish to join the gambling sector, but it offers an opportunity for the broader population to upskill. Whether it's courses in customer service, cybersecurity, or finance, the range of skills that the population can acquire, and master is boundless.

Therefore as we consider the future of gambling legislation in our country, we have the chance to boost employment, enhance our education system, rejuvenate business districts, and upskill our citizens, ensuring that our community doesn't just grow, but thrives.

Reputational

Right now Curaçao is not highly regarded as a gambling jurisdiction.  This is a well-known issue, and has been discussed at length.  And quite simply the new legislative landscape will change that. So I would like to move on to something more important that is at play here. 

Gambling is classified as a high risk industry.  And the FATF the worlds financial action task force pays specific attention to it when evaluating countries positions on the White Grey or Black listing scale.

Recently Gibraltar was placed on the Grey List with FATF saying at the time that Gibraltar’s status as a major gambling hub was a significant factor in its decision. In particular the FATF criticized the government’s failure in “applying sufficient fines for anti-money laundering failings”.

AML is a key criteria of financial evaluations, one of which Curaçao will be subject to next year.  And let me be very clear about it, the likelihood of us being placed on the grey list because our lack of AML legislation within the gambling sphere is real, and it is worrying.

The implications of being grey listed are far-reaching and touch upon various sectors of our nation. Let me walk you through some of the profound consequences we might face:

Firstly there will be a general negative perception that AML failings will not be the only ones that relate to commonly identified international standards - in short, the no smoke without fire view of us.

Governments may decide to restrict trade with us or connected entities or prohibit trade altogether.

Firms and banks will need to undertake heightened due diligence which will also negatively impact business and cross border trading which may increase prices, bargaining power and the cost of securing and servicing debt.

International aid if needed would see fewer potential sponsors.

Government revenues from local businesses would be negatively impacted.

International bond and loan markets would be regarded negatively meaning governments and private sector would have severe challenges in raising capital.

None of this is good. And all of it is avoidable. We absolutely and categorically need to take the steps necessary to prevent grey-listing and the LOK provides the safety net that we desperately need. 

In conclusion I would like to say that “change is the only constant”, and in the face of change, we have two choices – resist or adapt. I believe in the resilience and adaptability of the Curaçao spirit. Together we can create a future where Curaçao can shine as a beacon of responsible gaming in the Caribbean.

As Australia continues its attempts to regulate the acute issues leading to problem gambling within its borders, further responsible gaming failures continue to come to light.

Now undoubtedly a major policy issue, problem gambling and gambling addiction in turn is having a heavy impact on the Oceanic commonwealth. 

Nearly 80 percent of Australians partake in gambling activities with the most at-risk demographic being males between the ages of 18 and 35. 

What’s more worrying, however, is that almost half of all Australians who participate in gambling activities are at risk of experiencing some kind of gambling-related harm.

Efforts to curb problem gambling

In lieu of this, Australia is undergoing a heavy regulatory restructuring in order to address these increasingly out-of-control issues.

Subsequent to a parliamentary inquiry specifically aimed at curbing harms from online gaming, 31 recommendations have been made to encourage responsible gaming and mitigate gambling harm.

These have most notably included a self-exclusion register known as BetStop and a ban on credit cards for gambling purposes, previously only applicable at land-based venues, extended to all online gambling among any other forms.

These efforts are yet to be properly reviewed due to how early in their inauguration they are. Aside from this, however, several issues remain unattended to as of yet.

Fines for underage gambling

Subsequent to the implementation of the newest measures from the parliamentary inquiry, Gambling operator Tabcorp was accused of failing to prevent a 16-year-old from gambling at several of their venues in nearly 31 instances. 

Aside from Tabcorp’s clear negligence in adequately monitoring their venues for underage gambling or establishing effective age verification methods, this displays just how deep gambling penetrates into the culture of the nation. 

This is perhaps an issue as significantly perpetrated by advertisers as it by operators themselves.

CEO of New South Wales operator Wicked Games, Darryl Manning, gave an exclusive statement to SiGMA group when he explained that this sort of oversight would not occur in the currently outlawed online casinos of Australia.

He suggests that player protections are far more robust online than they are in land-based operations:

“If the pundits wanted to get real about problem gambling, why not allow online slots. After all, the tools that are currently being developed to protect the online player are far more robust, and far more capable of identifying a player’s means or curtailing certain behaviour, than those applied to land-based Gaming.”

Considering these improved protections, problem gambling could be curbed by offering a more diverse marketplace with a new influx of far safer products in the online space.

Gambling advertising

When focusing on gambling advertising, the various states comprising Australia are in agreement and are keen to enact a ban or at least a restriction on gambling advertising.

South Australia

In South Australia there is already a gambling ban in place for television that includes a blackout between 4 pm and 7.30 pm on Monday and Friday with a similar blackout in effect for radio between 6 am and 8.30 am on the same days.

This is still not believed by many to be a strong enough band with South Australia submitting in favour of a total prohibition on gambling advertising on television, streaming services and social media. 

Shane Rattenbury, the Australian Capital Territory’s attorney general, has also stated that he wishes to see his jurisdiction follow suit. 

Queensland

In Queensland, the government has made several statements noting that gambling promotion is “obtrusively delivered through television broadcasts” touting its own support for a ban on gambling inducement. 

Although gambling advertising is already restricted in the territory, PG programmes between the family-friendly hours of 7 pm and 8.30 pm are unfortunately “saturated with gambling advertising”.

A national issue?

This issue has been a point of contention for quite some time now. The states previously mentioned among some others are in favour of a national approach issued throughout the commonwealth. 

However, some other states, most notably New South Wales, have submitted in support of the current system as the regulatory bodies there believe this is a matter for states and territories separately.

These states have stated that this preference stems from the competitive tension this creates, allowing states to adopt the most optimal policies based on the variety of data provided by their peers. 

Operator stance

Although most operators in Australia would disagree with gambling advertising being subject to a complete prohibition, there is some agreement in that effective restrictions should be implemented with scrutiny placed on the ethical values of advertisers. 

Manning also weighed in on this particular issue, expressing how he believes that the onus should be on advertisers to dissuade any players at risk.

In his statement, he suggested: 

“One way would be to allot a portion of the advertising budget to this audience. Maybe the last third of a video ad or the bottom third of a pictorial could be dedicated to seriously addressing the issue. Not just a 5-second Speed talker.”

Join us in Malta between the 13 – 17 November for SiGMA Europe 2023

SiGMA Europe’s Malta Week festival brings together a diverse and international group of industry leaders for a convergence of expo, conference, and networking. The event will be held at the Mediterranean Maritime Hub (MMH), a larger, more dynamic venue that promises a raw, industrial, and unconventional space unlike anything ever used before.

In the words of SiGMA Group founder Eman Pulis, “We’re redesigning your entire experience, from the minute you land in Malta until the very last moment. I look forward to welcoming you with open arms to this iGaming festival.”

Find all the details here.

https://youtu.be/74qQqvlVmy0

A Mexican gaming draft decree that would outlaw all gaming machines and casino-style games in Mexico is facing stiff opposition from Mexican operators, union groups, and local and international associations.

On September 7, SEGOB unexpectedly released a draft regulation which aims to reform and repeal various provisions of the 2004 regulatory decree. The draft regulation aims to eliminate slot machines and reduce the duration of casino permits. The reforms included in the draft will revoke the articles of the 2004 regulatory decree which establish permits for casinos to operate slot machines. The decree will also reduce the validity of casino permits from 25 years to 15 years.

Additionally, the proposed draft would expressly outlaw any games involving slot machines, dice, cards, or roulette wheels, effectively destroying Mexico's 400+ de facto casinos once their operators' licenses run out and the new laws are fully implemented.

Feedback from stakeholders

Over 140 individual comments on the draft legislation have been received after it was posted on CONAMER website (the National Commission on Regulatory Improvement), with the vast majority voicing vehement opposition to the draft that poses a serious threat to the industry's survival. The proposed changes would not decrease the demand for casino gaming, various Mexican gambling operators have cautioned in their feedback. The changes would merely result in illegal, unregulated practices, beyond control or verification.

Representatives of union groups that represent employees in the services industry warned in their feedback that the draft puts in serious jeopardy the estimated 50,000 direct and 120,000 indirect jobs provided by Mexico's licensed gambling halls.

Comments on the draft have come from Las Vegas, where several international gaming operators that cater to the Mexican market are situated. Professor Bo Bernhard of the University of Nevada, Las Vegas and gaming lawyer Frank Schreck advised the Mexican government to consider the good practices in the United States, Japan, and other nations in assessing the advantages of a well-regulated casino business and the risks and pitfalls of prohibition.

In Mexico, gaming is regulated by the Ministry of Interior (Secretaría de Gobernación or SEGOB), through its Gambling and Raffles Bureau (Dirección General de Juegos y Sorteos). The National Commission on Regulatory Improvement (CONAMER), within the Secretariat of Economy, is the agency responsible for streamlining federal and sub-national regulation.

Join us in Malta between the 13 - 17 November for SiGMA Europe 2023

SiGMA Europe’s Malta Week festival brings together a diverse and international group of industry leaders for a convergence of expo, conference, and networking. The event will be held at the Mediterranean Maritime Hub (MMH), a larger, more dynamic venue that promises a raw, industrial, and unconventional space unlike anything ever used before.

In the words of SiGMA Group founder Eman Pulis, “We’re redesigning your entire experience, from the minute you land in Malta until the very last moment. I look forward to welcoming you with open arms to this iGaming festival.”

Find all the details here.

https://youtu.be/74qQqvlVmy0