Compliance Updates
FullCircl Launches Financial Vulnerability Solution in Response to New Gambling Commission Regulation
W2 by FullCircl, the single identity verification platform helping gambling operators grow faster with compliance solved, has announced the launch of a market-first Financial Vulnerability Solution, designed to immediately take the pressure off operators ahead of the Gambling Commission’s new player safety regulations, which come into force on 30th August 2024.
The new solution, delivered rapidly via seamless API integration, helps gambling operators deliver a safer environment for players, identify and mitigate possible harm, and boost both regulatory compliance and corporate social responsibility. It provides the widest range of financial, lifestyle, and vulnerability data currently available, to help operators implement the new light-touch checking regime before the deadline – including CCJs, IVA, banckruptcy, debt and credit data, income and affordability verification, and a range of vulnerability indicators. Combining and matching data assets from multiple sources to build a single customer view and clear picture of risk, with minimal impact on player experience.
The solution launches with the backing of one of the largest independent bookmakers in the UK. The operator immediately reaped the benefits of aligning to the new legislation, getting ahead of the competition when it comes to player protection, and creating a safe, enjoyable, efficient, and socially responsible betting experience.
The new checks form part of the Gambling Commission’s planned roll out of widespread regulatory reform aimed at increasing safety and customer choice across the sector. The new light-touch checks must be conducted for all players with £500 net deposits in a rolling 30-day period.
Speaking about the launch, Andrew Yates, CEO at FullCircl commented: “The new financial vulnerability requirements put increased pressure on gambling operators to better identify and support customers who are susceptible to harm. Technology has a key role to play in implementing these important reforms, and I’m delighted that as a global leader in player identity verification FullCircl is once again leading the way. We’ve taken the complexity out of compliance, assisting operators to quickly, comprehensively, and cost-effectively check every player that meets the threshold for light-touch vulnerability checks. Operators leveraging W2 by FullCircl are protecting customers and building a complete view of affordability, whilst delivering a frictionless customer experience.”
The post FullCircl Launches Financial Vulnerability Solution in Response to New Gambling Commission Regulation appeared first on European Gaming Industry News.
BF Games
BF Games Makes Strategic Entry into Brazilian Market
BF Games, a leading slot games provider, has announced its successful entry into the Brazilian market as a supplier to licensed operators. This milestone marks the company’s first step in its Latin American expansion strategy. The company views Brazil’s newly regulated online casino market as an optimal direction for its growth in the coming months.
Wiktor Grabarczyk, CEO of BF Games, commented: “We are thrilled to bring our premium game portfolio to players in this dynamic market. While Latin America represents new territory for our products, we are confident that our offerings are tailored to meet local expectations, representing a major step in our growth and presence in Brazil and the broader Latin American region.”
This expansion into Brazil follows BF Games’ successful entry into several other markets over the past year, including the Netherlands, Italy, Czech Republic, and Georgia.
Brazilian players will have access to popular titles such as Book of Gods, El Dorado Totems, Chicken Madness, Stunning Crown, Buffalo Trail, Cave of Gems and more.
Rok Hribar, CCO of BF Games and BF HUB Aggregation, committed: “Our strategic partnerships with leading operators and our role as an aggregator to our 3rd party game providers have been instrumental in our success. We are confident that our diverse portfolio will captivate players. Our substantial investments in game development and our unwavering focus on clients and players have significantly expanded our player base, surpassing our targets. We are eagerly anticipating continued growth and success in this year.”
BF Games has established itself as a prominent figure in the gaming industry, building its reputation on a commitment to creating engaging and visually stunning games. The company continues to push the boundaries of game design and technology, consistently delivering memorable gaming experiences to players worldwide.
The Brazilian market entry is a testament to BF Games’ strategic vision and dedication to growth, paving the way for further opportunities in Latin America.
The post BF Games Makes Strategic Entry into Brazilian Market appeared first on Gaming and Gambling Industry in the Americas.
Aviatrix
Aviatrix’s LatAm expansion reaches Peru
Aviatrix, the hugely popular crash game, has added its latest regulated market, this time gaining the certification it needs to go live in Peru.
The certification means that Aviatrix can be offered by licensed operators in Peru for the first time.
Gabriela Novello, Director of Business Development LatAm at Aviatrix, said: “Latin America has been an important part of the Aviatrix journey so far, and we’re really excited to add another of the region’s regulated markets. Peru is a really exciting opportunity for us, and we know Aviatrix is going to perform strongly for those looking to offer intuitive and engaging gameplay to their customers.”
Peru marks the first certification in Latin America acquired by Aviatrix, with Brazil, Colombia and others to follow soon.
With an on-the-ground team and local expertise, Aviatrix is committed to providing online casino excellence to its Latin American partners.
It often runs dedicated promotions in the regions, like the new game splash that was rolled out in Brazil for the São João festival last year.
Aviatrix was also named ‘Rising Star in Casino’ at the SBC Awards Latinoamérica 2024.
The post Aviatrix’s LatAm expansion reaches Peru appeared first on Gaming and Gambling Industry in the Americas.
Compliance Updates
EGT Digital received a licence for operation in Sweden
EGT Digital is pleased to announce its authorization to operate in Sweden. The company was granted a license from the Swedish Gambling Authority (Spelinspektionen) to manufacture, provide, install, and modify software for the online gambling industry. Now, all main products of the Bulgarian provider – the X-Nave platform and the in-house developed games, are available to the local market.
Standing out with great versatility, EGT Digital’s “all-in-one” betting platform X-Nave enables operators to build and grow a successful business online. It includes 4 main modules: Sport Product, CRM Engine, Gaming Aggregator, and Payment Gateway, offering multiple tools for creating highly personalized content that is fully tailored according to players’ tastes and requirements. Еach of the platform’s modules can be part of the complete solution or function separately, as they can be integrated with developments of third-party providers.
EGT Digital’s portfolio of games covers over 120 casino titles, including 4 jackpots: Bell Link, High Cash, Clover Chance, and Single Progressive Jackpot. Featuring a wide variety of themes, bonuses, and high winning chances, they provide rich gaming choices for different types of players and are currently among the favorites in more than 50 jurisdictions globally.
Tsvetomira Drumeva, Head of Sales at EGT Digital, commented: “Obtaining this licence is an important step for us. Thanks to it, we have the opportunity to enter the Swedish market, which is a top priority for us. This will allow us to continue our expansion into other European countries and consolidate our status as one of the preferred iGaming providers on the continent.”
The post EGT Digital received a licence for operation in Sweden appeared first on European Gaming Industry News.
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