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Betway organises compliant sports betting conferences in Kumasi, Sunyani

BY: GraphicOnline
Betway organises compliant sports betting conferences in Kumasi, Sunyani
Betway organises compliant sports betting conferences in Kumasi, Sunyani

Betway has organized a one-day workshop in Kumasi and Sunyani for key stakeholders in the gaming industry.

The Betway Regulatory Compliance workshop drew participants from the Gaming Commission of Ghana, the Financial Intelligence Center, the Ghana Revenue Authority, and the Ghana Police Service.

In his opening remarks, the Country Manager (Operations) for Betway Ghana, Magnus Rex Danquah Jnr mentioned how necessary it was to organize the workshop to bring stakeholders together to deliberate on the various aspects of complying with online gaming regulations.

He spoke about how as an operator, his outfit has taken steps to satisfy every requirement to remain a responsible entity in the gaming industry.

Mr Danquah also highlighted some systems put in place by Betway Ghana to guard against various forms of non-compliance issues as specified by the regulator.

The aspects of identification and verification (Know Your Customer) were highlighted as well as other vital areas that concerned the theme of the initiative.

Other speakers at the workshop were Patrick Kwakye, Compliance Manager, Gaming Commission Of Ghana and Seth Amoako, Head Of Compliance, Financial Intelligence Center (FIC).

They addressed issues ranging from Licensing and Renewals, Tackling Fraud and Money Laundering, Responsible Gaming and Data Privacy. With Betway yet to launch their innovative top-up product, fraud in this space was discussed by stakeholders.

Stakeholders from the Ghana Police Service, Ghana Revenue, Mobile Money Agent Association of Ghana, and the Kumasi Metropolitan Assembly were also present at the event.

Participants at the Betway Regulatory Compliance Workshop expressed gratitude for the in-depth knowledge shared by all stakeholders.