SPGA sets new Code of Conduct for members
The Association launched on September 5 in an attempt to provide stakeholder information and advocate for the responsible operation of social and promotional games.
Key Points
- The new certification process will highlight the use of age verification, KYC technology, location verification and AML policies by all members
- Foundational pillars of the Code of Conduct include the application of regulation-grade suppliers, technology or policies
The Social and Promotional Gaming Association (SPGA) has implemented a new Code of Conduct for its operator members, designed to spotlight the processes and technologies already in place at both SPGA member sites and the majority of social casinos.
According to the announcement, US residents have spent over $40bn on social casino currency over the last decade. The SPGA was created on September 5 in an attempt to provide stakeholder information and advocate for the responsible operation of social and promotional games.
“The pillars of the SPGA Code of Conduct highlight the technology and processes already in place at most social sweeps operators to ensure that the millions of adults who enjoy these games do so in a safe and reliable environment,” SPGA Spokesperson Camilla Wright said.
“The standards of the Code of Conduct go above and beyond the accepted best practices for traditional social casinos.”
Good to know: The American Gaming Association sent out a memo to gaming operators regarding the potential harm of sweepstakes gaming for consumers on August 21
The foundational pillars of the Code of Conduct include the application of regulation-grade suppliers, technology or policies to ensure verification of age, identity and location, as well as AML policies to ensure proper transaction monitoring.
As per the SPGA, more details on the Code of Conduct, including the introduction of additional pillars, will be released in the months ahead. The Association will also engage an external firm to certify member compliance with the Code.
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