Compliance Updates
Ukraine’s Draft Gambling Law Ready for Second Reading
Ukraine is set to take its draft gambling law to its second reading this month, which if passed, would legalise both online and land-based gambling in the country.
Under the draft gambling law, the gambling activities would be carried out through 11 different licenses, which would be issued by a gaming regulator.
For a land-based casino license, there will be a yearly licensing fee of EUR1.9 million if the casino is based in Kyiv. For other cities, the licensing fee will cost EUR 960,000 per year. For cities with populations of above 500,000, it would be allowed 10 gaming tables and 50 slot machines.
Cities with a population below 500,000 would be permitted 5 gaming tables and 20 slot machines. It would be required to have one or more 5-star hotels with no fewer than 150 rooms, whilst the casino premises need to be a minimum of 500 square meters.
For an online casino license, the licensee would be required to pay a yearly fee of EUR 624,000 before the implementation of an online monitoring system and EUR 208,000 afterwards. The license allows for both Ukranian and non-Ukranian players for online casinos.
The sports betting license, which allows for physical betting shops, would cost EUR 2.9 million before the online monitoring system and EUR 960,000 after. Similarly, the licensee is allowed to take both Ukranian and non-Ukranian punters.
Slot machine halls, which allow for up to 250 slot machines, will have a yearly licensing fee of EUR 240,000. An online poker license will cost EUR 160,000 per year.
There are also license fees per slot machine and gaming table – which are EUR 28,000 for a roulette table, EUR 14,400 for any other table game, EUR 2880 for a slot machine (not connected to online monitoring system) and EUR 960 after it is connected.
Compliance Updates
LiveG24 receives license to provide Live Games in Greece
![liveg24-receives-license-to-provide-live-games-in-greece](https://igamingradio.com/wp-content/uploads/2024/06/132525-liveg24-receives-license-to-provide-live-games-in-greece.jpg)
LiveG24 Ltd., a leading provider of live casino gaming solutions, is thrilled to announce that it has been officially licensed to offer its live games to the Greek market. This license, issued by the Hellenic Gaming Commission, allows LiveG24 to provide its premium live gaming services to all concessionaires holding valid Greek gaming licenses.
The certification marks a significant milestone for LiveG24 as it continues to expand its footprint in regulated markets across Europe. With this approval, Greek operators can now integrate LiveG24’s state-of-the-art live gaming suite, which includes a wide range of live dealer games such as Roulette, Blackjack, Baccarat, and other popular casino titles.
“We are incredibly proud to have achieved this new license from the Hellenic Gaming Commission,” said Angelo De Gobbi, COO of LiveG24 Ltd. “This approval is a testament to the quality and integrity of our live gaming solutions. We are excited to bring our immersive live gaming experience to Greek players and look forward to establishing strong partnerships with local operators.”
LiveG24 is renowned for its high-quality live streaming technology, professional dealers, and engaging user experience. The company’s live games are broadcasted in real-time from sophisticated studios in Malta, ensuring players enjoy a seamless and authentic casino atmosphere from the comfort of their own homes.
Greek operators can now leverage LiveG24’s innovative features and flexible integration options to enhance their gaming portfolios and provide their customers with a superior live gaming experience. The certification underscores LiveG24’s commitment to compliance and excellence in the regulated gaming industry.
The post LiveG24 receives license to provide Live Games in Greece appeared first on European Gaming Industry News.
Compliance Updates
ThrillTech Acquires B2B Licences in Romania, Sweden, and Malta
![thrilltech-acquires-b2b-licences-in-romania,-sweden,-and-malta](https://igamingradio.com/wp-content/uploads/2024/06/132493-thrilltech-acquires-b2b-licences-in-romania-sweden-and-malta.png)
ThrillTech, the disruptive B2B company specialising in providing versatile jackpot and drop technology for operators, platform providers and game studios, has reached a significant milestone by acquiring B2B licences for operations in Sweden, Romania, and Malta.
ThrillTech’s appeal has rapidly achieved success with its “jackpots across everything” solution putting the operator in charge, with versatile implementations possible across all product verticals and trackable events, such as jackpots on deposits, withdrawals and many more. These increase revenue, engagement and retention opportunities for operators via enhanced player appeal.
Offering control and flexibility, via the new licenses, ThrillTech’s solution continues to gain pace and is now available to new and existing customers within a growing number of regulated markets.
Peter Mareš, CTO, expressed his enthusiasm about this achievement, stating, “We’ve been fortunate that our customers realise the value of the products we offer, which has translated into significant interest. The expansion of the markets we can now service marks an important milestone for our young company. We’re excited to offer our monetization and engagement technology to operators within these new jurisdictions.”
ThrillTech is committed to continuing to be the leading independent provider of jackpot and drop technology for operators worldwide. Mareš added, “We are continuously developing key features and improvements to enhance our clients’ positions and support their growth. We continuously focus on performance and scalability which lies at the heart of our value proposition, positioning us to actively shape the upcoming phase of the iGaming industry.”
As part of its global corporate strategy, ThrillTech plans to expand into additional jurisdictions and focus on product portfolio diversification.
The post ThrillTech Acquires B2B Licences in Romania, Sweden, and Malta appeared first on European Gaming Industry News.
Australia
ACMA Blocks More Illegal Offshore Gambling Websites
![acma-blocks-more-illegal-offshore-gambling-websites](https://igamingradio.com/wp-content/uploads/2024/06/132455-acma-blocks-more-illegal-offshore-gambling-websites.jpg)
The Australian Communications and Media Authority (ACMA) has requested that Australian internet service providers (ISPs) to block more illegal offshore gambling websites, after investigations found these services to be operating in breach of the Interactive Gambling Act 2001.
The latest sites blocked include A Big Candy, Jackpoty and John Vegas Casino.
Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request in November 2019, 995 illegal gambling and affiliate websites have been blocked.
Over 220 illegal services have also pulled out of the Australian market since the ACMA started enforcing new illegal offshore gambling rules in 2017.
The post ACMA Blocks More Illegal Offshore Gambling Websites appeared first on European Gaming Industry News.
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