Following the 2006 implementation of the UIGEA in the United States and the subsequent arrest of Neteller executives, payment processing services have found themselves at the heart of regulatory risks undertaken by the remote gambling sector. As more global gambling jurisdictions come to clarify their regulatory regimes to address internet gambling, a diverse range of countries such as France, Germany, Holland, Mexico and Norway are now all contemplating possible restrictions for payments providers as part of updated regimes. With the regulatory environment continuing to shift and evolve, it is thus vital that payment service providers stay fully up-to-speed with legal developments as they occur.

GamblingCompliance has closely followed the local and global implications of the UIGEA to provide critical analysis of the act’s influence in the United States and in Europe. Through our service, payments providers are able to obtain comprehensive analysis of the risks attached to online gambling payment processing in jurisdictions across the globe, while also understanding the opportunities available in new and emerging remote gaming markets.

Benefits of Service:

Gambling Compliance enables operators to:

•     Assess considerations for new market entry, with the benefit of extensive background information and underlying regulatory material
•     Gain information on the changing rules and guidelines for advertising and marketing
•     Maintain a vital, independent listening post within European political and court system
•     Develop and update their awareness of taxation, competition and prevention of money laundering rules

Key Clients Within The Sector:

MoneyBookers / Neteller / Wirecard / Paypal

What People Say:

"GamblingCompliance helps us to better understand the complex regulatory and legal environment of the gaming world and therefore ensuring compliance of our services."
Chief Compliance Officer, Moneybookers Ltd.

"GamblingCompliance provides relevant analysis and information to keep abreast of important global market developments."
Director of Compliance, Neteller (UK) Limited

“The GamblingCompliance service is crucial to keeping a finger on the pulse of gambling regulation. Accessing a single, credible source of information and news helps us efficiently evolve our systems to align with regulatory developments.”
Head of Risk Management, PayPal UK