Issue link: https://maltatoday.uberflip.com/i/878567
maltatoday, SUNDAY, 24 SEPTEMBER 2017 XVI Gaming Majority of gaming companies struggle with fraud, according to CASEXE THE CASEXE research depart- ment has conducted a survey among existing internet casino operators on the topical issues of online gaming business. In total, 50 gambling companies, operat- ing in the CIS and European countries, have participated in the research. The survey ran from June-July 2017. Fraud An overwhelming majority of 94% of respondents have re- ported on regular problems with fraud. Most of the online gaming business owners are concerned about the number of bonus hunters. This type of fraudulent activity was indicated by 85% of the operators. Multi-accounting also proved to be a big problem. According to the study, this is the second most prevalant issue, reported by 75% of respondents. Thirty- one percent of participants have indicated financial fraud troubles, while the other type of cheating has taken more than a third, also at 31%. Payment systems Based on survey, 82% of online gaming business proprietors are dissatisfied with payment systems integrated into their online casino projects. Mainly, the problems of regional restricted acceptance of payments are highlighted by 72% of surveyed. The next issue is payment delays and financial gambling operations faced by half of the operators (55%). Over a third (34%) of respond- ents have disclosed that online payment systems offer excessively high banking fees that are unrea- sonable for gambling business. Nineteen percent of the operators reported on payment software failures or delays in regular man- ner. Content The frustration with gaming content was expressed by 45% of the respondents. The online casino vendors are complaining of the following subjects: • 65% have noted a very frequent winning chains in online slots. • 29% have reported technical content problems. • 44% are unhappy with the suggested commercial terms of cooperation. The study has also found out that a quarter of the online gam- ing business owners are not satis- fied with the affiliates. Nineteen percent of respondents have noted similar problems with platform providers for online casinos. German minister claims online being legislation in the country urgently needs aention ANDRÉ Schröder, Saxony-Anhalt Finance Minister has warned that all the efforts to legitimatise online gambling in Germany will go in vain if its sixteen indi- vidual states don't implement the anticipated interstate treaty on gambling at the earliest. The treaty was first announced in 2012 to safeguard gambling environment for the gamblers in the country. As per the treaty, licensed online sports betting services were allowed with a limit of 20 available licenses. The European Union's Court of Justice later challenged the provision by the licences preventing the free movement of services between the EU members. The first licenses were granted in 2014 to the operators. However, a large number of big operators like bet365, Tipico, along with other applicants were unsuccessful in their applications, which led to a legal challenge of the new law. The court approved the challenge creating chaos with all the Ger- man states and operators jumping into it. In March 2017, the license limit was increased to a 40, with 35 international betting operators in a desire to enter the German market. For the Interstate Treaty to pass, all the individual 16 states are required to approve and take up the legislation by January 1, 2018. Schröder is, however, calling other states as well to endorse the legislation to the earliest, avoiding it from becoming obsolete. André Schröder says Germany needs to implement its interstate treaty on gambling