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British business-to-business iGaming software supplier Game Account Network (GAN) (NASDAQ: GAN) has been chosen by American casino and hotel developer and operator Wynn Resorts (NASDAQ: WYNN) to serve as the enterprise software platform for the company’s coming launch in the state of Michigan. Ignace, Manistique, Christmas and Hessel, all in the Upper Peninsula. Ignace, Manistique, Christmas and Hessel, all in the Upper Peninsula....

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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. Marie, St. 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....

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S.Corporate commitments:The new rules also reportedly mandate that local companies carry out commensurate authentications on any business relationships they hold with non-domestic compatriots or individuals from nations identified by the Europwinning at american roulette qpnkean Commission as being a potential high-risk source of money laundering.Under the terms of the ten-year partnership agreement, online sports betting and igaming will be launched alongside the Midwestern state’s first regulated online gambling operators in November 2020, barring any regulatory setbacks....

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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.Brand power:In a company press release, Chief Commercial Officer for GAN, Jeffrey B.”According to GAN, the Las Vegas-based company’s leveraging of its “U....

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We are pleased to onboard Wynn, with its national casino brand and substantial Michigan-region patron base, as a major operator clwinning at american roulette qpnkient and are excited at the opportunity presented by potential roll-outs in multiple additional states in the future. 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.S....