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How to start an online casino business: learn the latest legislative changes in global gambling industry

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How to start an online casino business

CASEXE suggests to find out more about important updates in gambling regulation across the world. If you know how to start an online casino business then regulatory developments will help you to choose a suitable jurisdiction for your project. Malta, Australia, Georgia and Armenia are in our following review.

 

Malta

Malta’s gambling regulator aims to be one step ahead of other jurisdictions by expanding opportunities for local operators and offering them more variants how to start and develop smoothly an online casino business.

One recent initiative was a legal reorganization in the country to reduce an unnecessary normative complexity for local gambling operators.

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Gambling business realignment in the country includes the next terms:

  • issuance of two different types of permits for B2B and B2C sectors instead of one multi-license
  • optimization of taxation for operators
  • tax exemption of B2B sector applicable to gambling business
  • transition to automated reporting
  • integration of more effective criminal and administrative justice
  • improvement of sphere of consumer protection

Australia

The government approved a draft law on nationwide ban on start an online business despite of strong opposition from both local operators and gamblers.

The legislative initiative provides a right of veto over online casinos and poker rooms operation on the Internet. Key stakeholders have already informed that they are leaving the Australian gambling market due to these regulating updates.

Georgia

The national parliament considers a series of legal undertakings to regulate the online gambling industry. Allegedly, the draft bills will enter into force in 2018. Therefore if you consider on how to start an online casino business in Georgia, you should have your finger on its legislative pulse from today.

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New terms and conditions are to increase a license fee applicable to online gambling operators, and also to organize an obligatory registration on the players roster. The latter measure seeks to combat a gambling addiction and to prevent from recruiting minors into gambling.

Armenia

Armenia’s government established a special roster for high-rollers. Gamblers playing very high stakes and spending on game more than $2 000 must to identify their personality, to keep all their receipts and transaction statements.

Stay with CASEXE and keep up with the latest gaming news around the globe – we do know how and where to start an online casino business.…

The post How to start an online casino business: learn the latest legislative changes in global gambling industry appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.

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Source: EEGaming.

Amusnet

Amusnet Gears Up for the Inaugural SBC Rio 2024 in Brazil’s Newly Regulated Market

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Amusnet, a leading online slots and live casino content provider, announced its participation in the first-ever SBC exhibition in Brazil, SBC Rio 2024. This milestone event marks a significant moment for the iGaming industry in Brazil, following the country’s recent move to embrace regulation, opening new avenues for operators and content providers alike.

“The new regulatory framework in Brazil is a significant opportunity for leading online casino providers like Amusnet, and we are fully committed to becoming a key player in this vibrant market too. Our goal is to collaborate with all licensed operators in Brazil, providing them with high-quality, innovative gaming solutions tailored to meet the preferences of Brazilian players,” said Daniel de los Rios, Commercial Manager LATAM at Amusnet.

At SBC Rio 2024, Amusnet online casino selection will feature slot games, compiling the most-loved and well-performing titles, such as Hot Deco, Diamond Plus, Extra Crown, Phoenix Star, and Cocktail Rush. Among these, the spotlight will be on the exciting and innovative 20 Golden Coins, which stands out with its Bonus Coins and Reel Nudge features. Moreover, the festive reels of Dancing Dead will captivate visitors with its attractive theme and thrilling bonus features.

In the Live Casino vertical, Amusnet will bring its most popular live games, including Vegas Roulette 500x, Dynamic Roulette 120x, and Live European Roulette. Moreover, the company will unveil its upcoming games, Baccarat and Dynamic Sic Bo, designed with Asian elegance and featuring fast-paced gameplay. Both games will be hosted by entertaining live dealers 24/7, guiding players through the immersive gaming experience.

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As the iGaming landscape in Brazil evolves, Amusnet is optimistic about its prospects in the market. The company anticipates a significant growth trajectory by the end of the year, driven by strategic collaborations and the introduction of tailored gaming solutions.

“SBC Rio 2024 is not just an exhibition for us; it’s a gateway to various opportunities in the Brazilian market. We are here to learn, share, and contribute to the burgeoning iGaming ecosystem in Brazil. See you there,” shared Daniel de los Rios.

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Digicode

Digicode Appoints Itai Zak as Executive Director for iGaming Division

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Digicode, a leading provider of innovative software solutions, has appointed Itai Zak as Executive Director for the iGaming division. In this role, Itai will drive the growth and strategic direction.

With over 15 years of experience in the iGaming industry, Zak brings a wealth of knowledge and expertise to Digicode. He has a proven track record of successfully leading and scaling businesses in the online gaming sector, gaining experience as the CEO of SBTech, GoWild Gaming, and Spiral Solutions.

Under Itai’s visionary leadership, GoWild Casino not only seamlessly transitioned to a state-of-the-art iGaming platform but also achieved an astounding 450% increase in profitability, driven by Itai’s strategic expansion into new markets and his ability to build and lead a formidable team of over 300 professionals.

At SBTech, Itai was instrumental in redefining the company’s sales, marketing, and business development approach, transforming SBTech into a leading provider of turnkey sports betting and iGaming solutions. His efforts have helped grow the company from 60 to over 600 employees across multiple global locations, with significant year-on-year growth in net profit.

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Itai’s appointment is a testament to the company’s commitment to innovation, excellence, and strategic growth within the iGaming sector. His proven track record in navigating complex regulatory environments, coupled with his forward-thinking approach to product and market strategy, positions Digicode for exciting advancements in its iGaming offerings.

“We are thrilled to have Itai Zak join our team. His deep understanding of the iGaming landscape and leadership skills will be invaluable as we continue to innovate and expand our foothold in this dynamic industry. Also, Itai’s proven track record in navigating complex regulatory environments, coupled with his forward-thinking approach to product and market strategy, positions Digicode for exciting advancements in its iGaming offerings,” Max Maslii, President and global CEO at Digicode, said.

In his new role, Zak will develop and execute Digicode’s iGaming strategy, focusing on driving revenue and growth. He will work closely with the product development and sales teams to deliver cutting-edge solutions tailored to the unique needs of iGaming operators.

“I am excited to join Digicode and lead their iGaming division. Digicode has a proven track record of delivering innovative software solutions, and I am eager to contribute to their continued success in the iGaming market,” Itai Zak said.

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City Center Online

Pragmatic Play Goes Live with City Center Online in Argentina

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Pragmatic Play, a leading content provider to the iGaming industry, is enhancing its standing in Argentina and is now live with City Center Online.

Taking its leading Slots portfolio to the online casino, City Center Online’s players are now set to benefit from leading titles, including award-winning hits like Sugar Rush and Gates of Olympus as well as more recent releases from Pragmatic Play’s ever-expanding portfolio such as Pub Kings and Mustang Trail.

This latest agreement follows a series of partnerships that Pragmatic Play has struck across the regulated LatAm markets, combined with several regional industry awards, further cements its position as the leading supplier in Latin America.

Victor Arias, VP of Latin American Operations at ARRISE powering Pragmatic Play, said: “We are delighted to announce Pragmatic Play’s agreement with City Center Online as the brand continues its upward trajectory and supply even more LatAm operators with its acclaimed, industry-leading titles.

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“With Pragmatic Play’s renowned slot library now live on the platform, we are confident they will be a hit with City Center Online’s players, and we look forward to see its content provision expanding even more in the near future.”

Samanta Zio, Online Gaming Manager at City Center Online, said: “The quality and brand recognition that is brought on by Pragmatic Play games cannot be understated and we are delighted to now offer its portfolio to our players.

“Underpinning our commitment to providing premium gaming experiences to audiences in Argentina, we are confident this partnership is a momentous win for City Center Online.”

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