Information On-line 22 Jul 2022
KSA warns operators over elevated use of “promotional video games of likelihood”
By Playing Insider
The Dutch Gaming Authority (KSA) has issued a warning over the usage of so-called “promotional video games of likelihood.”
Citing their elevated use by operators to “draw consideration to themselves or their merchandise,” the KSA highlighted the strict promoting guidelines imposed by the Netherlands’ Playing Act.
On this context, “promotional video games of likelihood” refers to competitions that provide gamers a possibility to win prizes, whereby victory is predominantly decided by luck. These contests, mentioned the KSA, are usually run to spice up gross sales.
“Assume, for instance, of selling mushy drinks by placing codes within the caps of bottles, with which you’ve gotten an opportunity to win a prize, or a ‘Like & Win’ marketing campaign on social media,” acknowledged the KSA.
Such video games are, in precept, regulated by the “code of conduct for promotional video games of likelihood,” which applies particular situations to their use.
These embody a strict time restrict. Firms could solely provide such contests every year per “product, service or organisation,” and they need to be short-term in nature, comprising not more than 20 attracts.
Moreover, the entire worth of any prizes or premiums provided per sport ought to quantity to not more than €100,000 ($101,390) per 12 months.
Promotional video games of likelihood don’t require a allow, however since they’re, for all intents and functions, playing, the KSA has issued a warning over their elevated use – specifically, by gaming operators.
“The KSA sees that gaming suppliers additionally use such promotional video games of likelihood to draw extra contributors,” it mentioned.
“In the event that they do that, they need to consider that the stricter guidelines in accordance with the Playing Act and the related decrease laws apply to them.
“These are there to guard customers towards the dangers related to video games of likelihood, resembling creating playing dependancy.”
The Dutch regulator added that it will “carefully monitor” promotional contests provided by gaming operators and, if violations are discovered, probably take enforcement motion.
This comes not lengthy after KSA Chairman René Jansen took goal at unlicensed operators in a prolonged weblog put up.
Kindred Group has reported £238.7m ($285.4m) in complete income for the second quarter of 2022, a 34% decline from the prior-year interval. Gross winnings income for Q2 2022…
Slot Focus
Slot Focus
Slot Focus
Antonello Cuschieri, MLRO and Managing Director at Greentube Malta, discusses anti-money laundering inside gaming. In 2017, the Fourth Anti-Cash Laundering Directive (AMLD), presumably essentially the most impactful directive throughout the sector up to now,…