SCCG Management’s Post

Sweeps news from Daniel Wallach via X: "Two more lawsuits against VGW. These are pending in state court in Boston, Massachusetts. The twist -- a “treble damages” lawsuit under MGL c. 137 s. 1 to recover “the losses suffered by all MA residents.” The claim -- VGW “operates an unlicensed internet gambling casino.” "The audited financials also reveal that “the majority of VGW's customers are based in North America.” 2022 revenues > $3.2B AUS$ 2023 revenues > $4.8B AUS$ That's roughly $3.1B USD annually. By comparison, the entire regulated US iGaming market generated only $6.2B in 2023." #sweeps #sweepstakes #casinos #gambling #illegalgambling #sportsbetting #onlinecasino #onlinegambling #gaming #attorneygenerals #AGs #regulation #consumerprotection #litigation https://lnkd.in/gV7SqShJ

I'm absolutely top-to-toe thrilled that 18 months after starting with CasinoReviews.com, the service just been approved by the Gambling Commission to act as an ADR for UKGC licensees. I'd like to express my thanks to the team at the UKGC, but perhaps not for the reasons you might think. Yes, it's great to receive the approval after putting so much work into meeting the neccessary standards. That's extremely validating and rewarding. But what I've been pleased with throughout the process is the robustness of the Gambling Commission's process. The application process was long and detailed. The GC really challenged us to evidence a host of things, including: - How our ADR model compares to the standard direct fee model used by other ADR services. - Can we demonstrate that the commercial aspects of running an affiliate-based complaint service will not undermine the impartiality of the ADR service. - How do we emsire that our ADR Officials are remunerated in a manner that facilitates them providing rulings free from improper influence. - How we ringfence our complaints team from other departments to prevent other aspects of the business having undue influence on the rulings we make. - How we ensure that we can meet the response times required by the UKGC. - How our inquisitorial approach to complaint management (where we lead the discussion and prompt the parties to provide appropriate evidence) can be conducted in a manner that is impartial and balanced with respect to both parties. The process was time-consuming. It was frustrating. So why would I feel grateful to the UKGC for this approach? Because robust oversight of ADRs is essential to ensure that the system delivers high-quality results. The core nature of the ADR system, where several organisations are given responsibility for overseeing complaints for the sector, means that it is more challenging to deliver consistency and quality. Without a regulator that shows a focused interest in overseeing the standards and approaches of the ADRs approved to act within the market, the quality of rulings delivered by the different ADRs will diverge. That would substantially undermine consumer confidence in the market. So, whilst the application process may have been challenging, in my mind the hard work equates to the value of the approval. And it evidences that high standards that are being demanded of UK ADRs. If your team would like to discuss the FREE ADR service that we can now provide for UKGC licensees, get in contact with me here. I'm also available at SBC Lisbon in a couple of weeks and will be happy to answer any questions your team may have.

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How Card Counting Changed the Game of Casinos Discover how one man beat the odds and revolutionized the gambling industry through the power of card counting. Learn the secrets behind outsmarting the casino and increasing your chances of winning big. Stay tuned for the ultimate strategy! #CardCountingRevolution #BeatingTheOdds #GamblingSecrets #WinningBig #CasinoStrategy #IncreaseYourChances #CardCountingTips #CasinoGaming #GamblingRevolution #BeatTheCasino

Join us for the fourth installment of the series about football and illegal betting that attempts to trace the owners of the gambling operators which have deals with more than 50 European top football clubs ⚽   It is a story about: 👉 models posing as gambling executives 👉 brokering agencies which feign amnesia about their clients 👉 a confusing network of gambling companies and websites that can be compared to the legend of the hydra Read the fourth article in the series by Andy Brown, Philippe Auclair, Steve Menary, Jack Kerr and samindra kunti (link in the comments)

The Victorian Gambling and Casino Control Commission have detected numerous instances where Responsible Gambling Officer (RGO) requirements outlined in a venue’s Code of Conduct are not being met. As per the Ministerial Direction in relation to Responsible Gambling Codes of Conduct, a venue operator must nominate responsible gambling officers for its approved venue(s) and the responsible gambling officer must be available in the gaming machine area at all times gaming machines are available for gaming. A venue operator must also display prominently in the gaming machine area a notice advising that a responsible gambling officer is available for assistance at all times. The responsible gambling officer must take all reasonable steps to: (a) monitor the gaming machine area and ensure compliance with the Act, regulations and this code; (b) ensure that staff record responsible gambling incidents and interventions in the responsible gambling register; (c) observe customers who display behaviour that is consistent with gambling harm and provide assistance as necessary; (d) provide advice to staff about gambling harm and how to respond to signs of gambling harm: and (e) respond to customer enquiries and complaints about the supply of gambling in the approved venue. If you would like to discuss the requirements under the Responsible Gambling Codes of Practice, reach out to our team members. #responsible #gambling #RGO #compliance #gamblinglaw #gamblingregulation Daniel Lovecek Julian Hoskins Alexandra Hoskins Breearna Ryan Kieran Goodall Alexander Norrish Adrian Hambleton Karen Barclay 

Significant regulatory changes affecting the state’s casinos, including those run by Star Entertainment Group, have been approved by the Queensland parliament. Read More Here: https://lnkd.in/g_ERwdP9 #Queensland #regulatory #casinos #starentertainment #approved #casino #gaming #gambling #playing #laws #legislation #cardgames #regulators #regulatoryreforms #trending

Step into the dynamic online gambling world and discover the heartbeat of fair play – Random Number Generators (RNG)! 🔄 🎰 Our latest guide breaks down the intricate dance of RNGs, explaining how they guarantee randomness while navigating the complexities of RTP percentages and the ever-present house edge. Join us on this journey to understand the magic that makes online casinos fair and profitable! 🌐💰 https://lnkd.in/dNSG9tjZ #OnlineGambling #Casino #Insights

The Importance of Licensing, Audits, and Compliance in Poker Sites In the ever-evolving landscape of online gambling, the integrity and trustworthiness of poker sites are paramount. Ensuring that these platforms operate with transparency and adhere to regulatory standards is fundamental to safeguarding players’ interests and maintaining the credibility of the industry. This article will delve into the critical importance of licensing, audits, and compliance within... The Importance of Licensing, Audits, and Compliance in Poker Sites #Audits #PokerSites #TheImportanceofLicensing

Did you know... Courtesy of Vixio Regulatory Intelligence, Finland’s Ministry of the Interior has sent its much-anticipated draft proposal to license betting, online slot machines and casino games to the government, proposing that licensees could operate from the beginning of 2027. The new system would be introduced in stages, with the next step being to present the proposal to parliament in the spring session of 2025, according to the Ministry of the Interior’s announcement on July 3. Read more in the attached article. #finland #gambling #casino #onlinegambling #regulation #compliance #licensing #slots