Compliance Updates
OKTO’s Market Ready PVR Wallet Officially Certified
OKTO has announced that its innovative cash-to-digital payment solution, OKTO.PVR, has successfully obtained official certification from iTech Labs, a renowned independent testing laboratory. The OKTO.PVR wallet solution has been specifically tailored for the Italian Top-up Sales Points (PVR) market and is fully compliant with the latest PVR decree and published regulations.
The certification process involved comprehensive functional testing and a meticulous source code review to ensure full compliance with the stringent standards set forth by ADM (Agenzia delle Dogane e dei Monopoli), the primary regulatory body for gaming in Italy. OKTO.PVR met all relevant security, player protection and data registration requirements as per ADM standards ver 2.1. With this certification, the OKTO.PVR wallet solution is now market-ready and set to enhance the digital payment experience for users in the Italian PVR market.
The scope of the certification covers both deposit and withdrawal functionalities for online gaming websites and cash transactions within the retail network. Testing was conducted across multiple platforms to ensure compatibility with a wide range of devices, offering a seamless user experience.
OKTO.PVR addresses the demands of users who prefer offline transactions while enjoying online experiences. By bridging the gap between digital excitement and tangible cash transactions, OKTO.PVR offers a seamless fusion of modern gameplay and traditional financial interactions, aligned with regulatory standards.
Dante Micucci, Country Manager Italy at OKTO, said: “Achieving certification from iTech Labs is a significant milestone. This certification not only highlights our commitment to compliance and security but also reinforces our dedication to providing innovative payment solutions that cater to the unique needs of the Italian gaming market. OKTO.PVR is designed to offer convenience, security, and compliance, making it the ideal solution for both players and operators in Italy.”
The post OKTO’s Market Ready PVR Wallet Officially Certified appeared first on European Gaming Industry News.
Compliance Updates
Stakelogic Secures License to the newly regulated Danish market
Industry-leading provider secures license to provide slots and live content in Denmark
Award-winning casino content provider Stakelogic has obtained a license from the Danish Gambling Authority, Spillemyndigheden, to provide its gaming content in Denmark.
The license will allow Stakelogic to bring its premium portfolio of online casino slots and live dealer content to the Danish market, including recent releases like Fire and Gold Cluster Breaker, Super Wheel Game Show, Trident of Legends, and The Watcher.
Stakelogic is able to partner up with leading Danish operators, establishing itself as a must-have provider in the country. The move further highlights Stakelogic’s commitment to strengthening its position in the European market and exploring new and exciting regulated markets.
The license also further cements the company’s presence in the Scandinavian markets, having secured a license from the Swedish authority, Spelinspektionen, in 2023 and establishing itself as a popular provider among Swedish players.
Denmark is one of Europe’s fastest-growing markets, with a strong focus on customer care and responsible gambling. Stakelogic is proud to have met all the requirements needed to obtain the license, highlighting its commitment to providing players with the best and safest gaming experiences.
Stephan van den Oetelaar, CEO at Stakelogic, said: “Denmark is one of the fastest growing markets in Europe, and we are proud to have achieved a license to the newly regulated market.
We are grateful to Spillemyndigheden for their support in us and we are excited to take our next steps into the market.”
The post Stakelogic Secures License to the newly regulated Danish market appeared first on European Gaming Industry News.
Compliance Updates
UKGC Appoints Charles Counsell OBE as Interim Chair
Charles Counsell OBE has been appointed as Interim Chair of the UK Gambling Commission (UKGC) for a nine month term which will commence on 1 February 2025.
Charles was Chief Executive Officer of The Pensions Regulator from April 2019 to March 2023. Prior to this he was CEO of the Money Advice Service, and Executive Director of Automatic Enrolment at The Pensions Regulator.
As CEO of The Pensions Regulator, Charles developed the new corporate strategy to put the pension saver at the heart of the Regulator. He delivered their first Equality, Diversity and Inclusion Strategy and Climate Change strategies – both focused on driving change in the regulator and across the Pensions Sector.
Throughout his career, his roles have focused on setting up and delivering large change programmes requiring significant stakeholder relationship engagement: initially in the private sector and latterly in senior public sector appointments.
The post UKGC Appoints Charles Counsell OBE as Interim Chair appeared first on European Gaming Industry News.
Compliance Updates
SYNOT Games Secures Danish License
SYNOT Games has obtained a B2B online slot games supplier license in Denmark, authorising the company to supply its gaming content within Denmark’s regulated market. This B2B license, issued by the Danish Gambling Authority (Spillemyndigheden), becomes effective on January 1, 2025, aligning with new regulatory requirements mandating that all game suppliers hold such a license from that date forward.
This development enables SYNOT Games to offer its portfolio of slot games to Danish operators, reinforcing its commitment to compliance and responsible gaming practices.
“Obtaining the B2B license from the Danish Gambling Authority marks a significant milestone for us in the Danish market. This license not only aligns with new regulatory requirements but also reinforces our commitment to adhering to the highest industry standards. We are thrilled to continue offering Danish players the immersive gaming experience our portfolio provides,” said Martina Krajčí, CCO of SYNOT Games.
The post SYNOT Games Secures Danish License appeared first on European Gaming Industry News.
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