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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.Additionally, as a major operator in Las Vegas and Boston, les 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....
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.The launch in Michigan between Wynn and GAN will be part of the March 27, 2020 market access agreement agreed to by the London-headquartered firm and the Sault Tribe of Chippewa Indians. The small nation subsequently purportedly explained that its first-half aggregated gaming revenues had fallen by 15....
”Intended integrity:One of the three Baltic states and home to approximately 2.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.According to a Monday report from iGamingBusiness....
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. 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.”According to GAN, the Las Vegas-based company’s leveraging of its “U....
The launch in Michigan between Wynn and GAN will be part of the March 27, 2020 market access agreement agreed to by the London-headquartered firm and the Sault Tribe of Chippewa Indians. We are pleased to onboard Wynn, with its national casino brand and substantial Michigan-region patron base, as a major operator clwin real money online slots australia cwnoient and are excited at the opportunity presented by potential roll-outs in multiple additional states in the future. 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....
