LOTTERY DIGEST - WEEKLY NEWS
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CIBELAE to Host Conference on “Official Game: Prevention of Money Laundering and Innovation” in San Salvador
CIBELAE is all set to organise a conference in San Salvador which brings together international stalwarts to address paramount issues for the regulated gaming industry. The event is set to take place from September 30 to October 2, 2024.
The general programme of the conference is planned on October 1 & 2. Regulators, operators, and industry experts from across the region will gather to share knowledge and best practices on these critical topics. The conference aims to promote a safer and more responsible gaming environment, while also exploring innovative solutions for the industry's growth and development.
In a parallel track, on September 30, the technical committees and executive management of CIBELAE will share a working day to focus on the updation of the organization's strategic plan followed by the CIBELAE Board of Directors meeting on October 1.
Stephanie Peacock Takes Helm as UK's New Gambling Minister
Stephanie Peacock has been appointed as the UK's new Gambling Minister within the Department for Culture, Media and Sport. Her appointment comes at a time when the UK is considering reforms to improve player protection and address concerns about gambling harm.
Peacock's scope would include overseeing changes outlined in the Gambling Act white paper published last April. Additionally, the forthcoming implementation of affordability checks for customers will also fall under her purview, with a six-month pilot program which is set to launch in August.
Google Expands Gambling Advertising Policy in the US, to Allow Lottery and Fantasy Sports Ads
Effective July 15, 2024, Google is updating its advertising policy to permit ads for lottery courier services and daily fantasy sports (DFS) in several U.S. states. This significant change opens up new marketing opportunities for these industries, allowing them to reach potential customers through Google's extensive ad network. Specifically, lottery courier services will now be able to advertise in 34 states.
The new policy will enable licensed and certified lottery couriers and fantasy sports operators to advertise on Google's platforms, including search and display ads. This change is expected to benefit the growing online gambling industry in the US, where several states have legalized online lottery and fantasy sports in recent years.
However, the advertisers will be required to meet rigid requirements concerning targeting minors, state laws, etc. Interested advertisers will be required to apply for certification through Google to ensure compliance with the updated guidelines.
IBIA Urges Latin American Jurisdictions to Strengthen Sports Betting Integrity Measures
The International Betting Integrity Association (IBIA) is calling on Latin American jurisdictions to implement robust sports betting integrity provisions. The organization is urging regulators to establish effective measures to prevent match-fixing and other forms of corruption in sports betting.
IBIA's appeal comes as the Latin American sports betting market continues to grow rapidly. The association is advocating for the adoption of its integrity framework, which includes measures such as monitoring and reporting of suspicious betting activity, to ensure the integrity of sports competitions and protect consumers.
Slow Uptake: Brazil's Online Betting Licences Await Operator Applications
Brazil's online betting market is buzzing with excitement as it anticipates the final online wagering regulations, expected to be announced in July. However, only one licence application has been submitted so far. Operators may be waiting for the final regulations before formally applying for a licence. Up to 60 operators are expected to apply within the initial 90-day window. The regulator aims to go live with legal online gambling in Brazil by January 2025, with punitive measures for unlicensed operators coming into force.
Skilrock's Weekly Lottery Disgest
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Disclaimer
We monitor industry news from various and most important online publications, including international, national and regional titles, newswires, magazines, press releases, lotteries, vendors, institutions, government agencies and other key sources of lottery/gaming information.
While we strive to provide accurate and up-to-date information, the content is provided for informational purposes only, and readers are encouraged to consult multiple sources to ensure a comprehensive understanding of the topics presented.
