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Online Casino  and Communications Senior Vice-President for IGT and she used the press release to proclaim that G4 works towards minimizing the impact of problem gambling via the promotion of ‘a worldwide accreditation program for gaming industry operators and suppliers’. Online Casino She moreover declared that this organization recently determined that products from her firm’s IGT Gaming and PlayDigital arms continued to ‘exceed industry standards for providing player protection tools and responsible gaming information’. Online Casino Read a statement from Montgomery…“As the gaming industry leader serving customers around the world, IGT recognizes the importance of developing and delivering innovative research-based responsible gaming technologies and services across our business segments. Online Casino This independent certification reinforces our position as a highly responsible vendor, emphasizing the effectiveness of our solutions in helping operators protect their players. Online Casino ”Affirmative appraisal:For his part and Pieter Remmers, Chairman for G4, pronounced that IGT was re-accredited following an evaluation that had required the British lottery, gaming machines and iGaming behemoth ‘to demonstrate its responsible gaming commitment to research, policy development and employee training’. Online Casino Online Casino Online Casino Online Casino

Remmers’ statement read…“In a world where responsible gaming standards are becoming more and more important and regulations regarding this are a top priority, IGT’s operations fully understand this and act accfree blackjack games no registrationordingly. G4 is happy and proud to have IGT as an accredited member. ” Authorities in Lithuania have reportedly published a series of new know-your-customer rules for iGaming firms following the recent emergence of allegations that the small nation’s online gaming industry may have become an easy target for money launderers. Online Casino According to a Monday report from iGamingBusiness. Slot Machine Javascript Jqdb com, the Gambling Supervision Service regulator revealed that the revised regulations have been designed to bring the local online gaming and lottery industries into line with the country’s Prevention of Money Laundering and Terrorist Financing Law. Online Casino Online Casino Online Casino

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The source detailed that the guidelines moreover outline what factors such sectors should be considering when assessing business relationships and monetary transactions so as to help stamp out the threats posed by money laundering. Recognition requisite:In terms of particular facets of the fresh know-your-customer directives, all lottery and iGaming operators in Lithuania will now be reportedly required to identify politically vulnerable or high-risk clients playing from abroad before applying a series of enhanced identification protocols and registrations. Such punters will therefore purportedly be required to hand over reliable independent data or documents like public registers so as to verify the source of the funds they are using to enjoy gambling entertainment. Corporate commitments:The new rules also reportedly mandate that local compafree blackjack games no registrationnies carry out commensurate authentications on any business relationships they hold with non-domestic compatriots or individuals from nations identified by the European Commission as being a potential high-risk source of money laundering. Online Casino Distinct divisions:Finally, it was reported that the fresh Lithuanian directives furthermore mandate that all foreign iGaming and lottery customers be categorized according to a number of criteria including the nature, size and extent of their monetary transactions.

Additional factors purportedly encompass the types of services purchased and whether a client has ever presented a suspicious or fraudulent document or taken actions to avoid registering or identifying the source of their funds. Online Casino Reportedly reads a section of Lithuania’s new know-your-customer guidelines…“The company should try to get as much information as possible from the client. However, such information should be collected prudently and efforts should be made to verify the information provided by the client. All information provided by the client must be confidential and carefully protected in accordance with the law and the company’s procedures. Online Casino ”Intended integrity:One of the three Baltic states and home to approximately 2. Online Casino

8 million people, Lithuania reportedly signed a cooperation agreement earlier this year that is to see it move towards fully ratifying the European Union’s anti-match-fixing Macolin Convention. Online Casino Online Casino The small nation subsequently purportfree blackjack games no registrationedly explained that its first-half aggregated gaming revenues had fallen by 15. 9% year-on-year to around €43. Online Casino 8 million (. 6 million) as issues associated with the ongoing coronavirus pandemic drove customers away from land-based gambling venues and towards the iGaming sector.

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