Advantages of the Anjouan License
If you are a gambling operator, you’ve probably heard of the Anjouan License, which is gaining prominence in this sector. Nowadays, the Anjouan License is known for its straightforward licensing process and regulations that favor the digital environment. If you are planning to start a new venture in the gambling sector with a tight budget or are looking for a modern jurisdiction that offers an affordable and secure environment to test and refine a new gambling business idea, keep reading. Anjouan stands out as one of the most favorable locations to achieve these goals. In this blog, we will explore the key advantages of obtaining a gambling license in Anjouan. Also, discover here what is included in our Anjouan Package. 1. Anjouan is a Member of the World Trade Organization Anjouan is a Member of the World Trade Organization Anjouan is part of the World Trade Organization, reinforcing its commitment to international standards and business practices. By being a member of this organization, the island gains recognition and respect in different countries, allowing licensed operators to offer their gambling services to a wide player base. This happens because these services are seen as compliant with global standards. 2. Simplified Licensing Process Simplified Licensing Process Unlike many other jurisdictions, Anjouan offers a less bureaucratic and faster licensing process. Operators can, within a matter of weeks, be fully compliant with local regulations. This is especially advantageous for startups and companies that want to begin operations without long waits and legal complications. For startups in the iGaming sector, the Anjouan license serves as a boost toward success. It provides an affordable entry into the market, eliminating the financial challenges that hinder new ventures. 3. Reduced Costs The cost of acquiring a license in Anjouan is significantly lower compared to other popular jurisdictions. In addition to affordable licensing fees, the annual renewal costs are also lower, allowing operators to maximize their profitability without compromising the quality or legality of their operations. It can be an excellent choice if you’re looking to enter the gambling market without spending a fortune. 4. Attractive Taxation Anjouan offers an extremely competitive tax regime with very favorable tax rates. In many cases, gambling operators can benefit from minimal taxation or even tax exemption, depending on the type of service offered and the company’s structure. This ensures that the profits generated by the operations remain largely with the operator, without heavy tax burdens. 5. Operational Flexibility The Anjouan license covers various types of gambling operations, including sports betting, online casinos, lotteries, and much more. This flexibility allows companies to operate in multiple markets and offer a wide range of products without the need to obtain multiple licenses or face specific regulations for each type of operation. 6. International Recognition Although it is a relatively new jurisdiction, the Anjouan license is already starting to gain international recognition. It is widely accepted and recognized by banks, financial institutions, and B2B gambling companies in various regions worldwide. This provides operators with good acceptance in key gambling markets and facilitates partnerships with service providers and payment platforms that require strict regulations. Features of the Anjouan Gambling License: In Anjouan, there is only one gambling license that covers a wide range of online betting activities. This includes sports betting, virtual casinos, bingo, lotteries, blackjack, online poker, eSports, live games, scratch cards, and even blockchain-based games. The Anjouan Online Gambling License is widely recognized and accepted by financial institutions in Europe, and is valued by various suppliers and B2B companies in the gambling sector. Flexibility and Scope: The license is available to both B2C and B2B companies, and is granted to operators, developers, and gaming software providers, without any distinction in terms of costs or additional requirements. With this license, holders can operate multiple brands, use multiple website addresses, and engage in various promotions in the online gambling sector. One of the main advantages of the Anjouan Online Gambling License is the flexibility offered: Additional Aspects of the Anjouan Online Gambling License: Conclusion: In summary, the Anjouan License presents a valuable opportunity for gambling operators looking for a favorable and accessible regulatory environment. With its straightforward licensing process, reduced costs, attractive tax regime, and operational flexibility, Anjouan stands out as a smart choice for those looking to enter or expand their operations in the online gambling market. If you are considering starting a new venture in the gambling sector, the Anjouan License could be the key to achieving your goals. For more information on how to obtain your license and start your journey in iGaming, don’t hesitate to contact us.
What Can We Expect from the Changes to the Curaçao License?
In recent years, the online gaming sector has expanded rapidly, and Curaçao has established itself as one of the top destinations for obtaining gaming licenses. The island is widely recognized as an offshore business hub, attracting new operators due to its flexible approach and easy approval process. However, with the growth of operations and the need to combat illegal gaming, the Curaçao government has announced significant changes to the licensing system. The reforms include the creation of a new regulatory body and the imposition of stricter requirements aimed at making the gaming environment safer and more transparent. In this article, we will explore how the Curaçao license works, the expected changes, and how these reforms impact casino and online betting operators. How Does the Curaçao License Work? The Curaçao license covers a variety of activities, including sports betting, casinos, poker, and lotteries, making it a popular choice for new operators looking to enter the market with fewer barriers. However, the restructuring of the licensing system, announced in 2023, aims to increase transparency by establishing stricter requirements. Previously, the system included master licenses issued by four authorized entities, and sub-licenses granted by the holders of these licenses. This structure created confusion, as the requirements and levels of control varied between operators. In addition to being an important hub for iGaming, Curaçao is also an offshore business center, attracting companies from various sectors. Gambling regulation on the island began in 1993, and it now seeks greater control and transparency in the online market. Types of Games Covered by the Curaçao License: Key Expected Changes to the Curaçao License With the accelerated growth of the online gaming market and the increasing need for more control and transparency, the Curaçao government will implement significant reforms. These changes aim to ensure a safer and more regulated gaming environment. EGS Digital Services is ready to manage the entire licensing process for you, ensuring your operation complies with the new requirements. Below, we highlight the main changes to the Curaçao license: 1. Simplified License Structure The old structure, which included master licenses and sub-licenses, has been replaced. Now, there are only two types of licenses: B2B (Business to Business) and B2C (Business to Consumer). This simplification allows all major online gaming operators to operate under a clearer and more straightforward set of regulations. 2. Centralized Authority All aspects related to licensing and compliance will be managed by the newly created Curaçao Gaming Control Authority (CGA). This centralization aims to increase efficiency and effectiveness in overseeing the industry, ensuring that all operators meet the required standards. 3. Simplified Application Process To facilitate access to licensing, operators can now submit their applications easily through an online portal. 4. One-Year Validity The new licenses will be valid for one year, requiring operators to stay alert to possible revocations or legislative changes during this period. This means that continuous compliance will be essential for maintaining the license. 5. License Scope The new license allows for the provision of remote gambling services, ensuring that operators can offer a wide range of online games, from casinos to sports betting, within the new regulatory parameters. Initial Timeline for the Curaçao License Changes *This timeline is subject to change! Impact of the New Rules on Casino and Betting Operators The new regulations bring both advantages and challenges for operators who already have or are seeking a Curaçao license. Let’s explore these points below: Advantages Challenges How to Prepare for the Changes to the Curaçao License If you are an online casino operator who already holds a Curaçao license or is considering applying for one, it is important to be aware of the changes that will come into effect. At EGS Digital Services, we understand that dealing with bureaucracy can be complicated, but we are here to handle everything for you. Conclusion EGS Digital Services aims to simplify the licensing process as much as possible. With our expertise, you don’t have to worry about the new requirements or the complexity involved. We take care of all the documentation and ensure that your operation complies with the rules, allowing you to focus your efforts on growing your business. Count on us to manage all the bureaucracy and simplify your journey in the online gaming sector. We are dedicated to helping you succeed, so don’t hesitate to contact us.
O que podemos esperar das alterações à licença Curaçau?
Nos últimos anos, o setor dos jogos online tem se expandido rapidamente, e Curaçau se firmou como um dos principais destinos para a obtenção de licenças. A ilha é amplamente reconhecida como um hub de negócios offshore, atraindo novos operadores devido à sua abordagem flexível e à facilidade de aprovação. No entanto, com o aumento das operações e a necessidade de combater o jogo ilegal, o governo de Curaçau anunciou mudanças significativas no sistema de licenciamento. As reformas incluem a criação de uma nova entidade reguladora e a imposição de requisitos mais rigorosos, visando tornar o ambiente de jogo mais seguro e transparente. Neste artigo, vamos explorar como funciona a licença Curaçau, as mudanças esperadas e como essas reformas impactam os operadores de cassinos e apostas online. Como funciona a licença Curaçau? A licença de Curaçau abrange diversas atividades, como apostas esportivas, cassinos, poker e loterias, tornando-se uma opção popular para novos operadores que buscam entrar no mercado com menos barreiras. No entanto, a reestruturação do sistema de licenciamento, anunciada em 2023, tem como objetivo aumentar a transparência, estabelecendo requisitos mais rigorosos. Anteriormente, o sistema incluía licenças principais, emitidas por quatro entidades autorizadas, e sublicenças concedidas pelos titulares dessas licenças. Essa estrutura gerava confusão, já que os requisitos e níveis de controle variavam entre os operadores. Além de ser um centro importante para o iGaming, Curaçau também é um hub empresarial offshore, atraindo empresas de diversos setores. A regulamentação de jogos de azar da ilha começou em 1993, e agora busca maior controle e transparência no mercado online. Tipos de jogos Abrangidos pela Licença Curaçau: Principais mudanças esperadas na licença de Curaçau Com o crescimento acelerado do mercado de jogos online e a crescente necessidade de maior controle e transparência, o governo de Curaçau vai implementar reformas significativas. Essas mudanças visam garantir um ambiente de jogo mais seguro e regulamentado. A EGS Digital Services está pronta para gerenciar todo o processo de licenciamento para você, garantindo que sua operação esteja em conformidade com as novas exigências. A seguir, destacamos as principais alterações na licença de Curaçau: 1. Estrutura de licença simplificada A antiga estrutura que incluía licenças principais e sublicenças foi substituída. Agora, existem apenas dois tipos de licença: B2B (Business to Business) e B2C (Business to Consumer). Essa simplificação permite que todos os principais operadores de jogos de azar online atuem sob um conjunto mais claro e direto de regulamentações. 2. Autoridade centralizada Todos os aspectos relacionados à concessão de licenças e conformidade estarão sob a gestão da recém-criada Autoridade de Jogos de Curaçau (Curaçao Gaming Control – CGA). Esta centralização visa aumentar a eficiência e a eficácia na supervisão da indústria, garantindo que todos os operadores atendam aos padrões exigidos. 3. Processo de solicitação simplificado Para facilitar o acesso ao licenciamento, os operadores agora podem enviar suas solicitações de forma prática através de um portal online. 4. Validade de um ano As novas licenças terão validade de um ano, exigindo que os operadores estejam atentos a possíveis revogações ou mudanças na legislação durante esse período. Isso significa que a conformidade contínua será fundamental para a manutenção da licença. 5. Alcance da licença A nova licença permite a prestação de serviços de jogos de azar remotos, garantindo que os operadores possam oferecer uma ampla gama de jogos online, desde cassinos até apostas esportivas, dentro dos novos parâmetros regulamentares. Linha do tempo inicialmente definida da Licença Curaçau *Esta linha do tempo pode estar sujeita a alterações! Impacto das Novas Regras para Operadores de Cassinos e Apostas Online As novas regulamentações trazem vantagens e desafios para os operadores que já possuem ou buscam uma licença de Curaçau. Vamos explorar esses pontos a seguir: Vantagens Desafios Como se preparar para as mudanças na licença de Curaçau Se você é um operador de cassino online que já possui uma licença de Curaçau ou está pensando em solicitar uma, é importante estar ciente das mudanças que vão entrar em vigor. Na EGS Digital Services, entendemos que lidar com a burocracia pode ser complicado, mas estamos aqui para cuidar de tudo isso para você. Conclusão A EGS Digital Services tem como objetivo simplificar ao máximo o processo de obtenção da licença. Com nossa experiência, você não precisa se preocupar com as novas exigências ou com a complexidade envolvida. Nós cuidamos de toda a documentação e garantimos que sua operação esteja em conformidade com as regras, permitindo que você concentre seus esforços no crescimento do seu negócio. Conte conosco para gerenciar toda a burocracia e simplificar sua jornada no setor de jogos de azar online. Estamos dedicados a ajudá-lo a alcançar o sucesso, por isso, não hesite em nos contatar.
SBC Summit Lisbon 2024: Transform Your iGaming Business
From September 24 to 26, 2024, the SBC Summit 2024 will take place in Lisbon. This is one of the largest events in the iGaming industry, bringing together global leaders to discuss innovations, trends, and regulations in the online casino and betting sector. Our representatives will be present, bringing their expertise in consulting services specialized in online casinos. Ready to take your iGaming business to the next level? Don’t miss the chance to interact with top industry leaders and drive the success of your project! What is SBC Summit 2024?? The SBC Summit will be held at the Feira Internacional de Lisboa (MEO ARENA) and will focus on topics such as: Casinos and iGaming, Sports Betting, Player Protection, Affiliate Leaders, and much more. Check out the SBC Summit brochure here! During the event, you will have the opportunity to attend lectures by renowned experts who will share their insights on the future of the market and the key technologies shaping the iGaming industry. Key speakers at SBC Summit 2024 include: Find our representatives at SBC Summit 2024: Five representatives from EGS Digital Services (Daniel Santos, Gabriela Ranna, Filipe Maciel, Brenda Hurtado, and Priscilla Gomes) will be present at the SBC Summit in Lisbon. If you’re looking for strategies to boost your company, be sure to speak with our representatives at the event. To ensure your business is aligned with global regulations and to maximize your results, don’t miss the chance to talk with EGS Digital Services. This way, you can share insights and find effective solutions. What You Will Find at SBC Summit: 5 Reasons to Attend This Event: This year, the SBC Summit promises to be even more impactful with an expanded exhibition space to accommodate over 600 exhibitors, meeting the growing demand in the sector. 1. Connect with global leaders and industry professionals: At the SBC Summit, you’ll meet top leaders and professionals from the betting and iGaming sector. The event gathers up to 25,000 participants, offering an excellent opportunity to expand your network and find strategic partners. 2. Explore a broad and thematic exhibition: The event will feature an expanded exhibition area, divided into thematic zones for easy navigation. The zones include Casino & iGaming, Sports Betting, Player Protection, ESI Lisbon – Esports, Gaming & Creators, as well as the Payment Expert Summit and Affiliate Leaders Summit. This allows you to find the best solutions and the most relevant innovations for your business. 3. Discover the latest innovations and trends: This event serves as a platform for the latest technological innovations and industry trends. From new gaming platforms to advanced payment solutions and player protection, the SBC Summit provides a comprehensive view of what’s new in the market. 4. Participate in exclusive workshops: The event includes a series of panels and workshops on crucial topics, allowing you to gain valuable insights from renowned experts and engage in discussions about the key issues and challenges facing the industry. 5.Networking Areas and Amenities: In addition to the thematic areas and exhibitions, the SBC Summit offers dedicated networking spaces, such as the Food & Hospitality and Media Headquarters. These environments are designed to foster meaningful interactions and facilitate the development of new partnerships and business opportunities. Conclusion Don’t miss this opportunity, schedule a meeting with us and discover how our specialized services can support the growth and compliance of your business. Don’t miss out! Get your tickets here and prepare for an event that could transform the future of your iGaming business.
SBC Summit Lisboa 2024: Transforme Seu Negócio de iGaming
Nos dias 24 a 26 de setembro de 2024, acontecerá a SBC Summit 2024 em Lisboa. Este é um dos maiores eventos da indústria de iGaming, reunindo líderes globais para discutir inovações, tendências e regulamentações no setor de cassinos e apostas online. Os nossos representantes estarão presentes, trazendo sua expertise em consultoria empresarial especializada em cassinos online. Está pronto para levar seu negócio de iGaming ao próximo nível? Não perca a oportunidade de interagir com os principais líderes do setor e impulsionar o sucesso do seu projeto! O que é a SBC Summit 2024? A SBC Summit será realizada na Feira Internacional de Lisboa (MEO ARENA) e terá como principais temas: Cassinos e iGaming, Apostas Esportivas, Proteção ao Jogador, Líderes Afiliados e muito mais. Acesse a brochura da SBC Summit aqui! Durante o evento, você terá a oportunidade de assistir a palestras de especialistas renomados, que compartilharão suas visões sobre o futuro do mercado e as principais tecnologias que estão moldando a indústria de iGaming. Principais palestrantes que vão estar presentes na SBC Summit 2024: Encontre os nossos representantes na SBC Summit 2024: Cinco representantes da EGS Digital Services (Daniel Santos, Gabriela Ranna, Filipe Maciel, Brenda Hurtado e Priscilla Gomes) estarão presentes na SBC Summit em Lisboa. Se você está em busca de estratégias para impulsionar sua empresa, não deixe de conversar com nossos representantes no evento. Para garantir que seu negócio esteja alinhado com as regulamentações globais e para maximizar seus resultados, não perca a oportunidade de falar com a EGS Digital Services. Dessa forma, você poderá compartilhar insights e encontrar soluções eficazes. O que você encontrará na SBC Summit: 5 razões para marcar presença neste evento: Este ano, a SBC Summit promete ser ainda mais impactante, com a ampliação do espaço de exposição para acomodar mais de 600 expositores, atendendo à crescente demanda do setor. Na SBC Summit, você encontrará os principais líderes e profissionais do setor de apostas e iGaming. O evento reúne até 25.000 participantes, oferecendo uma excelente oportunidade para expandir sua rede de contatos e encontrar parceiros estratégicos. O evento contará com um espaço de exposição ampliado, dividido em áreas temáticas, facilitando a circulação. As zonas incluem Cassino & iGaming, Apostas Esportivas, Proteção ao Jogador, ESI Lisbon – Esports, Gaming & Creators, além dos summits Payment Expert Summit e Affiliate Leaders Summit. Dessa forma, você poderá encontrar as melhores soluções e as inovações mais relevantes para o seu negócio. Este evento funciona como uma plataforma para as mais recentes inovações tecnológicas e tendências da indústria. Desde novas plataformas de jogos até soluções avançadas de pagamento e proteção ao jogador, a SBC Summit oferece uma visão abrangente do que há de mais novo no mercado. O evento inclui uma série de painéis e workshops sobre temas cruciais, permitindo que você obtenha insights valiosos de especialistas renomados e participe de discussões sobre as principais questões e desafios do setor. Além das áreas temáticas e exposições, a SBC Summit oferece espaços dedicados ao networking, como o Food & Hospitality e o Media Headquarters. Esses ambientes são projetados para promover interações significativas e facilitar o desenvolvimento de novas parcerias e oportunidades de negócios. Conclusão Não perca esta oportunidade, agende um horário conosco e descubra como nossos serviços especializados podem apoiar o crescimento e a compliance do seu negócio. Não fique de fora! Adquira seus ingressos aqui e prepare-se para um evento que pode transformar o futuro do seu negócio de iGaming.
Brazil gambling regulation complete as government publishes final ordinances
With less than five months until the anticipated launch date of the legal betting market in Brazil, the final gambling regulations have been outlined in ordinances published by the ministry of finance’s Secretariat of Prizes and Bets (SPA). To learn more about Brazil’s gambling regulations, consult our specialists at EGS Digital Services. We can help you elevate your business or launch your new iGaming venture. Contact us today! The four-phase regulatory rollout set out in April is now complete and the launch of legal gambling in Brazil is on track for 1 January 2025. Operators have been submitting their applications for licences, with the total number of requests now at six after NSX Group’s Betnacional filed its application on Thursday (1 August) with less than three weeks to go until the 90-day initial window of preference closes. Operators who apply before 20 August will have their applications prioritised by the SPA and ensure they are processed by the expected launch date of the market. Those application requests are likely to accelerate now the full regulations have been established. Increased clarity on online games Normative Ordinance No 1,207 was published on Wednesday (31 July) and gave the green light for online games in Brazil, including the controversial Fortune Tiger game. Udo Seckelmann, head of gambling & crypto at Bichara e Motta Advogados, believes the decision to allow games such as Fortune Tiger is the correct one to aid channelisation towards legal offerings. “The exclusion of games gives power to the grey/black market, which is what the regulator doesn’t want,” Seckelmann says. Aposta Ganha CCO Hugo Baungartner previously told iGB he expects the publication of the online games ordinance to be the catalyst for operators to apply. With six applications in already, Seckelmann still believes around 60 operators will apply in total. Baungartner, meanwhile, predicts the tally will be between 20 and 25. Brazil races to the finish line Following the publication of Normative Ordinance 1,207, four more were announced to round out the regulation rollout. These covered industry contributions to the state, the monitoring and inspection of gambling activities, responsible gaming (RG) guidelines and sanctioning for those operators who fall foul of the regulations. After the final ordinance was published, the Brazilian Institute of Responsible Gaming (IBJR) praised the “effort and commitment” shown by federal agencies to help establish the regulations. “We hope that this sector will develop responsibly, following the guidelines proposed by SPA,” the IBJR statement read. Normative Ordinance No 1,225 on monitoring and inspection Normative Ordinance No 1,225 Inspection measures will apply to those individuals or legal entities that have the required authorisation from the SPA to operate fixed-odds betting. Those actions must be based on evidence and be proportionate to the identified risks. The ordinance established the SPA can coordinate with other public bodies to monitor activities and ensure ongoing compliance with regulations. Inspections must be scheduled and prepared by the SPA. They can be remote or in-person and will last as long as necessary to “elucidate the facts” of a situation. If requested to, operators must give information within 10 days of receipt of an official request letter. Failure to comply could lead to harsher punitive action. Operating agents must also contact the SPA and public prosecutor’s office if any manipulation or reports of such activities are raised. Normative Ordinance No 1,212 on social allocations Later on Wednesday, the SPA published Normative Ordinance No 1,212, which centres on how the gambling industry transfers proceeds to the state. Transfers must be collected through a Federal Revenue Collection Document (DARF) and then made to the National Treasury Single Account. Operating agents will be responsible for using the correct revenue code and will be subject to civil, administrative and criminal liability if the process is not done correctly. Should prizes expire for bettors, the prize amount will be collected by the National Treasury Single Account. All records of transfers to the treasury must be kept available to the SPA for at least five years. A 12% gross revenue tax for operators has already been established, as well as a monthly inspection fee on a sliding scale from equivalent to $10,000 (£7,847/€9,232) to $390,000. Additionally, there will be a 15% tax on player winnings above BRL2,824 (£437.77/€508.05/$547.25). Normative Ordinance No 1,231 on RG Normative Ordinance No 1,231 informed operators they must “act diligently” in the development of their betting systems, as well as advertising and marketing, with RG principles respected to try and combat the rise of gambling addictions. Awareness of the risks of gambling addictions must be promoted by operators through collaboration with the educational sector, as well as their own campaigns. Communication with gamblers must be maintained, while an RG policy must also be developed by each operator, with tools such as betting limits and self-exclusion periods available for players to protect against gambling harms. Operators can also suspend bettors deemed high risk. It also falls upon operators to prevent use of its systems from demographics such as those aged under 18 and anyone who may be able to impact the results of a sports fixture. Influencers banned from advertising In terms of marketing, all advertising must be guided by social responsibility and the promotion of RG. It also must work against offshore gambling. Additionally, ads must not present betting as “socially attractive” and cannot involve statements from influencers or celebrities that imply gambling leads to personal, social or financial success. Eduardo Carvalhaes and Karen Coutinho, lawyers and spokespersons for Brazilian law firm Lefosse, describe the laws on advertising as “vital” to clarify what operators will be allowed in their marketing. Seckelmann agrees, saying Normative Ordinance No 1,231 will help to protect vulnerable players from gambling harms, with the ban on influencer advertising a key component. “Now, for the first time, Brazil has clear directions on how betting advertising shall be conducted and how the responsible gambling principles shall apply to their operations in order to protect minors and the vulnerable,” Seckelmann explains. “The problems and issues
Brazil online gambling regulations: rules for slots, crash, roulette and other bets
An ordinance published this Wednesday (31) classifies these types of games in the online gaming category, legalized by the betting law. Games will need to be certified and must comply with a set of standards. The Ministry of Finance published this Wednesday (31) an ordinance that defines rules for slot machines, crash games, roulette, blackjack, dice and other types of online betting. The rules authorize betting platforms based in Brazil to offer, for example, games such as Fortune Tiger and Aviator. You can follow the other ordinances in the articles published on the EGS Digital Services blog. To clarify further questions about licensing in Brazil or anywhere in the world, talk to our specialists. In addition to sports betting, this law dealt with fixed-odds online games (in which the bettor knows how much he will win based on how much he bets) and in which the result is defined randomly (like in a slot machine). Currently, Fortune Tiger and similar games are offered to Brazilian gamblers through websites based abroad. The government’s goal is that, starting January 1, 2025, when the regular online betting market begins in Brazil, they will be offered through Brazilian platforms (which will have an address ending in bet.br). The ordinance The ordinance also defines a minimum RTP of 85%. This means that, if the operator collects, for example, R$100,000 in bets, it must distribute at least R$85,000 in prizes. The remaining 15% will be the company’s profit. It defines that the result of the online game will be determined by the outcome of a random future event, from a random generator of numbers, symbols, figures or objects; It defines that online games must indicate, at the time of the bet, the multiplication factor that determines how much the bettor will receive if he or she wins; Offer the payout table, indicating all the possibilities of winnings for the bettor before the bet; It determines that the platform must clearly inform all games available for betting and what winnings the bettor can have with each one; It determines that the bettor cannot be forced to bet just by selecting a game theme. The bettor must be allowed to return to the home menu or theme selection screen without having made any bet; No bet can leave the bettor with a negative balance; The platform must show the bettor how many credits he has at any time when bets can be made; It determines that a bettor who is inactive for 30 minutes must be considered to have left the game; It prohibits the games from being offered in physical format, such as slot machines, which remain prohibited;. The text was the most anticipated by the betting sector because, according to Magnho José, president of the Instituto Jogo Legal (IJL), online games represent more than 60% of the revenue of this market. “And, depending on what was written, the sites would decide whether to obtain a license to operate in the country.” The Duties of Applications According to the ordinance, the betting application must provide some information about the online game, such as: Rules by game types The ordinance also imposes rules so that the bettor is aware of what he is competing for in multiple bet games. According to the document, “each individual bet placed must be clearly indicated so that the bettor has no doubts about which bets were made and the credits wagered on each of them”. With the regulation, each prize won must be presented to the bettor in a way that he or she clearly associates the prize with the bet that paid for it. The ordinance presents variations in rules for different types of games. They are: Online Line Games, online Crash Games, online Card Games, online Roulette Games, online Sports or Racing Games, online Dice Games and online Ball and Number Draw Games. Understand each type of bet: 🎰 Line Games According to the regulations, in this type of game, the player must receive a clear and detailed presentation of the available paylines and the winning combinations displayed on the game screen. In the case of games that allow multiple credits to be bet on selected lines, the graphic art must: for linear payouts, clearly indicate that the winnings for each selected line are multiplied by the respective multiplication factor or for non-linear payouts, inform all possible bets and their respective prizes; In addition, the multiplication factor, common in online casino-type gambling games, must be clearly displayed and the graphic art must indicate the rules and limitations of how the payouts are evaluated. Thus, the player must be informed about which winning lines are considered, that is, whether from left to right, from right to left, or both. In addition, the betting company must inform how the individual symbols are considered: whether the payouts occur with sequential or scattered combinations. 🚀 Crash Online Games This type of game is popularly known on platforms as the “rocket game” or “little plane game”, and may have other variables. In the”Aviator” model, for example, as soon as an aircraft starts flying, the prize value increases and the bettor has to decide when to stop the flight – if the word Crashed appears before then, the bet is lost. According to the regulation, the games must be random and not based on the bettor’s skill. Furthermore, according to the ordinance, the rules must indicate: the frequency of the increase in the prize multiplier value that the bettor can reach; the minimum multiplier value at which the bettor can redeem the prize; any functionality for the bettor to pre-select the prize multiplier value at which an automatic redemption will occur; The game must clearly display the value of the increasing multiplier, according to the defined frequency and must also determine to the bettor when: manual redemption by the bettor while the value of the multiplier is increasing and is above the minimum value; automatic redemption when the value of the prize multiplier increases to
End of POGOs in the Philippines: Impact and Opportunities for iGaming
The ban on Philippine offshore gaming operators (POGOs), marks a new chapter for the iGaming industry in the country. This decision, announced by President Ferdinand Marcos Jr., aims to combat crime and improve the country’s image. But what are the implications of this ban for the market and for companies in the sector? In this article, we will analyze the challenges and opportunities that arise with the end of POGOs, as well as discuss the measures taken by the Philippine government to deal with this transition. The Philippine Amusement and Gaming Corporation (PAGCOR) has confirmed that the end of POGOs also includes internet gaming licensees (IGLs). This measure, taken in response to growing concerns about illegal activities associated with POGOs, aims to clean up the country’s image and strengthen the online gaming sector. Challenges of Implementation Despite the clarity of the ban, implementation faces challenges. The rebranding of POGOs as IGLs has created confusion and concerns that some companies may try to circumvent the rules. However, Philippine authorities are working to ensure that the ban is strictly enforced. Economic and Social Impact The ban on POGOs will have a significant impact on the Philippine economy, with estimated losses of billions of pesos in tax revenue. In addition, thousands of workers will lose their jobs. However, the government argues that the social and reputational benefits of the ban outweigh the short-term costs. The Future of iGaming in the Philippines With the end of POGOs, the iGaming industry in the Philippines is undergoing a transformation. The government seeks to attract investment in legitimate businesses and promote the development of sectors such as information technology and tourism. In addition, there is a major challenge in ensuring a fair transition for displaced workers, offering retraining programs and support to find new job opportunities. Opportunities for the Sector The ban on POGOs creates opportunities for iGaming companies that operate legally and transparently. By adopting responsible practices and complying with regulations, these companies can benefit from a growing market and build a solid reputation. Legislative and Enforcement Measures The Philippine government is taking steps to ensure the effective implementation of the ban, such as creating stricter laws and deporting foreign workers involved in illegal activities. Conclusion The ban on POGOs in the Philippines is a significant milestone for the iGaming industry. While it represents a challenge for many companies, it also opens up new opportunities for those who operate ethically and responsibly. EGS Digital Services can help your company navigate this new landscape, providing customized solutions for licensing and compliance. Want to know how to adapt to the new rules of the iGaming market in the Philippines? Contact EGS Digital Services and find out how we can help you ensure your business’s success. Font: Sigma
Lula signs decree that creates National Sports Betting Secretariat of Sports Ministry
By decree, Brazil’s President Luiz Inácio Lula da Silva created the National Sports Betting Secretariat, within the structure of the Ministry of Sports. As has been expected, the new area will be responsible for analyzing and endorsing licenses approved in the similar unit of the Ministry of Finance and also coordinating government policies to combat manipulation of results. The new National Secretariat for Sports Betting and Economic Development of Sports was created by Decree 12,110, which approved a new structure for the Ministry of Sports’ staff. The area will have four divisions: Electronic sports; Monitoring and evaluation of sports betting; Integrity; Entrepreneurship and the digital economy of sport. In the area of sports betting, the new Secretariat will be responsible for evaluating and approving license requests from iGaming operators after submitting the request to the Secretariat of Prizes and Betting (SPA) of the Ministry of Finance, in addition to coordinating actions to combat match manipulation. To news outlet Empresa Brasil de Comunicações, the Minister of Sports, André Fufuca, reinforced what he had already said regarding the unit’s duties, which will have as its main action the monitoring and inspection of everything that involves sporting issues linked to betting, including the combating manipulation and analysis of license requests made to the SPA. Furthermore, the area will plan, coordinate and implement partnerships with public and private entities, nationally and abroad, to combat match-fixing in sports associated with sports betting. “We are going to create a structure within the Ministry that will monitor and supervise the modality. To achieve this, we will work with the necessary integrity and transparency,” declared Fufuca. The new secretariat of the Ministry of Sports will not have the final say regarding license requests from sports betting and online gaming operators, which will continue to be centralized in the Secretariat of Prizes and Bets, headed by Régis Dudena. But it will have to endorse the approval, otherwise it will be up to the Attorney General’s Office to give the final vote on whether or not to approve an operator. A board (Monitoring and Evaluation) of the new area will be responsible for analyzing the license requests presented to the SPA, granting approval – or not – to the authorization requests. It will also monitor all sporting competitions involving fixed odds betting For more informations about the igaming industry in Brazil, speak to the specialists of EGS Digital Services. We have everything you need to boost your betting business or start a new venture with licenses, gaming platform, payment provider, compliance and more. Send us a message here! Font: GMB
Safe and Responsible Betting: New Rules Strengthen Security in Brazil’s Sports Betting Market
The sports betting landscape in Brazil is entering a new chapter with the implementation of a regulation that reinforces the security, responsibility, and transparency of the sector. The measure, which complements the regulation of fixed-odds betting in the country, aims to protect players, prevent illegal activities, and promote a reliable and responsible gaming environment. Protecting the Bettor at the Forefront: A cornerstone of the new regulation lies in the implementation of robust mechanisms to identify and classify the risks of bettors. Betting operators are responsible for creating policies that include identity verification, financial capacity assessment, and identification of PEPs (Politically Exposed Persons) and their relatives. This measure aims to ensure that bets are placed in a conscious and responsible manner, preventing indebtedness and other financial risks to players. Combating Money Laundering and Terrorism Financing: The regulation is also concerned with combating illicit practices such as money laundering and terrorism financing. To this end, it establishes clear criteria for reporting suspicious transactions to COAF (Financial Activities Control Council). Betting operators take on the role of sentinels against these activities, contributing to the security of the Brazilian financial system. Commitment to Sustainability and Corporate Governance: Recognizing the importance of social and environmental responsibility, the regulation encourages the adoption of ESG (Environmental, Social, and Governance) policies by betting operators. This initiative demonstrates the industry’s commitment to sustainable practices and the promotion of ethical and transparent corporate governance. Alignment with the Anti-Corruption Law: The implementation of compliance policies, aligned with the Anti-Corruption Law (Law 12.846/2013), reinforces the ethical and responsible stance of the sports betting market. This measure aims to ensure the fairness of operations and prevent corrupt practices, consolidating trust in the sector. A New Level for Sports Betting in Brazil: The new regulation marks a significant step in the evolution of the sports betting market in Brazil. By prioritizing player safety, operational transparency, and social responsibility, the measure contributes to building a trusted, sustainable, and internationally aligned gaming environment. This initiative paves the way for the orderly growth of the sector, attracting new investments and generating opportunities for the country’s development. For more information about regulation in Brazil and anywhere in the world, talk to the experts at EGS Digital Services. With our vast experience in the market we can help your gaming and betting business to prosper and grow. Font: Gov.br
