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Stakeholders will subscribe to an agreed Statement of Intent
The Betting Integrity Stakeholder Seminar held in London Tuesday was hailed as informative and constructive by the Remote Gambling Association and attendees from the UK Gambling Commission, Olympic authorities and the betting industry.
A Statement of Intent (SOI) was agreed to by the betting industry to which it will subscribe during the London 2012 Olympic Games. The principles of the SOI will require that betting industry signatories located in other jurisdictions, other than the United Kingdom, will report suspicious betting activities to the Joint Assessment Unit. UK operators are already required by law to do so.
SOI signatories have additionally agreed not to knowingly accept bets from International Olympic Committee accredited individuals and have undertaken to man their monitoring systems on a 24 hour basis over the duration of the Games.
Mike O’Kane, Ladbrokes business director and head bookmaker at the European Sports Security Association, who chaired the meeting, said: “The afternoon was very constructive with all involved getting to grips with how we can work together to limit any threat of betting-related corruption during London 2012.
"From the betting industry’s point of view, we explained how we will, as is often typical, go above and beyond our statutory duties. By remaining vigilant and having expert monitoring systems and robust reporting processes, the regulated betting industry is confident there is little risk of betting corruption posed on our legal licensed markets.
"While it is true that the industry has seen no instances of betting-related integrity breaches in past Olympics, working collaboratively with the Joint Assessment Unit gives us the best chance of ensuring the integrity of the London 2012 Games is not threatened by betting. In this regard, the seminar has proved invaluable.”
Nick Tofiluk, head of regulation at the Gambling Commission, added: "The Gambling Commission’s Sports Betting Intelligence Unit (SBIU), the IOC and the Metropolitan Police will be operating a Joint Assessment Unit during the period of the games to assess and investigate any allegations or suspicions of wrongdoing in regard to sports betting integrity.
“This was a very constructive event and we welcome the support of The European Sports Security Association (ESSA) to our Games times planning on sports betting integrity - sports authorities, law enforcement agencies and the legal betting industry here and abroad are working together to counter the threat.”
Stakeholders who attended the seminar and have agreed to the Statement of Intent comprise: the IOC, the UK Gambling Commission, the British Olympic Association, The London Organising Committee of the Olympic and Paralympic Games, the European Sports Security Association, the Remote Gambling Association, the Association of British Bookmakers, the European Gaming and Betting Association, Ladbrokes, Paddy Power, Betfair, Corals and William Hill.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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