Compliance Updates
Cashpoint Secures German Sports Betting Licence
Cashpoint, the Malta-based subsidiary of Gauselmann Group, has secured German sports betting licence from the Darmstadt regional council.
Markus Ettlin, head of sports betting for the company, said: “We will be one of the first to offer a betting programme to sports lovers in the state. After many years of legal limbo, binding rules now apply to everyone in the German sports betting market.”
He was particularly pleased to point out that this now strengthens consumer and player protection “because now not only customers who are enthusiastic about games, but also politicians, authorities and society can differentiate between legal and illegal providers.”
Paul Gauselmann, founder and CEO of the Gauselmann Group, said: “As early as 2014 my group had more than met all of the requirement in the first licence procedure and emerged as number one from the examination of this extensive procedure. Unfortunately, it has taken until today to end this legal state of uncertainty, but I am all the more pleased that we are now finally among the first.”
Red Rake Gaming, a premium online casino content provider, has announced that it has obtained its provisional online casino supplier license in Michigan. This marks the company’s second license in the US, following the successful acquisition of its Pennsylvania license earlier this year.
The new license in Michigan represents a significant milestone for Red Rake Gaming as it continues to expand its footprint in the burgeoning US online gaming market.
Nick Barr, Managing Director for Red Rake Gaming Malta, said: “We are delighted to have obtained our second US license in Michigan, which is a key market in our strategic expansion plans. The response to our games in Pennsylvania has been overwhelmingly positive, and we look forward to bringing our engaging and feature-rich content to players in Michigan. Our team is committed to delivering a top-tier gaming experience that aligns with the expectations of the Michigan Gaming Control Board and the players.”
Red Rake Gaming is renowned for its wide array of high-quality games, including fan-favorites such as Million 7, The Asp of Cleopatra, and Secrets of the Temple. The company’s commitment to innovation, player engagement, and responsible gaming has earned it a stellar reputation in various regulated markets around the globe.
The Michigan license will enable Red Rake Gaming to partner with state-licensed operators and offer its extensive gaming catalog to a new audience of players. This expansion is a testament to the company’s growth strategy and its dedication to complying with the highest standards of regulatory requirements.
From 1 January 2025, all game suppliers wishing to provide services to gambling operators licensed in Denmark must obtain a licence from the Danish Gambling Authority.
Applications for these licences will be accepted beginning 1 September 2024.
To assist with this process, the Danish Gambling Authority has created guidance materials and made application forms available online.
Interested parties can find detailed information under the “Game Suppliers” section of the Danish Gambling Authority’s website.
The Danish Gambling Authority mandates that game suppliers’ games, game platforms, business procedures and systems undergo testing and inspection by an accredited testing company.
These tests must comply with the Danish Gambling Authority’s certification programme before any games can be offered to gambling operators.
A revised version of the certification programme is currently in development and will clarify the respective responsibilities of operators and game suppliers. This new programme is expected to be finalised and open for consultation by mid-July 2024, with implementation set for 1 January 2025.
Updated standard reports will also be available from this date.
Coinciding with the introduction of supplier licences, the Danish Gambling Authority will launch a new portal for managing game certificates, known as the “Games Register”.
This portal is scheduled to be operational by 1 October 2024, and game supplier applicants will receive login details to upload their information and game certificates as part of the application process.
Notably, existing game certificates and certifications under the current programme will remain valid, eliminating the need for re-certification of already tested and inspected games or systems.
However, starting 1 July 2025, adherence to the new certification programme will become mandatory. Game suppliers and operators are thus encouraged to adopt the updated programme as soon as possible to ensure compliance.
The post Denmark to Introduce for Game Suppliers appeared first on European Gaming Industry News.
A subsidiary of Betsson AB has obtained its first local licenses for the newly regulated market in Peru. The licenses cover online casino and sports betting for the Betsson and Betsafe brands. Further, licenses for the Inkabet brand are expected to be obtained soon.
Betsson began its Latin American venture already in 2008 and has since then positioned itself as the most recognised sports betting brand in Peru. In 2019, the Group further strengthened its position toward the country with the launch of its Betsafe brand. Two years later Inkabet, a Peruvian-facing sports betting and online casino business, was acquired.
Besides the new licenses, the Group holds licenses in two other key markets in the region, Colombia and Argentina. In Argentina, Betsson holds licenses in Buenos Aires City, Buenos Aires province, and Córdoba.
Pontus Lindwall, President and CEO of Betsson AB, said: “We have really looked forward to Peru introducing a local regulation and are very pleased with the issuing of these licenses. With this announcement, we affirm our commitment to the local economy and the new regulatory framework in the country.”
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