Compliance Updates
iGaming Platform (PAM) Pragmatic Solutions Expands Further In Malta Under New MGA B2B Licence
Pragmatic Solutions, a fully API based iGaming Platform (PAM), further strengthened its position in the market by obtaining the Critical Gaming Supply Licence, granted by the Malta Gaming Authority. The company was previously compliant and operating in Malta, but this new licence offers Pragmatic Solutions complete B2B rights, thus propelling it among the most trustworthy iGaming tech suppliers in this territory.
The Critical Gaming Supply Licence was obtained in the context that Pragmatic Solutions respects all the terms and conditions in the Gaming Authorisations Regulations. The B2B licence will last 10 years from the moment it was granted and offers the company a chance to develop its position as a gaming technology supplier within Malta.
Chetan Pandya, Head of Product at Pragmatic Solutions said: “This licence is a huge achievement for Pragmatic Solutions. Even though we were already operating in Malta and we were compliant with the regulations in this territory, being fully aligned with the requirements that MGA pushes forward is a big step forward and a proof of our product quality and business approach. A B2B licence opens doors to new, long-term partnerships within the territory, a step that could only lead to expansion for all parties involved.”
The platform currently operates under Malta, the UK and Curacao operator licences, with plans in place for Denmark, Italy, and Spain expansion. Pragmatic Solutions offers a ready-made product with technology designed for the right purpose, right from the start. The platform gives operators a chance to choose from an extensive range of solutions – CRM management, customer support, risk management, compliance management and more, thus increasing operational efficiency, reducing costs and boosting profits.
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.”
CasinoCanada and WinSpirit enter lifelong partnership
Engagement and retention: Keys to affiliate marketing success in iGaming
SPORTRADAR SECURES MAJOR CLIENT WINS ON STRENGTH OF MANAGED TRADING SERVICES
Pennsylvania Skill, Powered by Pace-O-Matic, Congratulates PA Gaming Control Board and Casino Giants on Surpassing 2023 Revenue Numbers
CDI Names Michael Lilly President of TwinSpires Horse Racing
Digitain Appoints LatAm Sales Director
Yggdrasil and ReelPlay unleash hell on earth in Armageddon 10K WAYS™
Borgata Awards Over $3 Million in Jackpots on AGS’ Bonus Spin™ Xtreme Progressive In One Year
Abios, part of the Kambi Group, partners with Brazilian operator Rei do Pitaco for fantasy esoccer
Games Global launches Garden of the Gods Gold Blitz™ exclusively with Caesars Digital in three North American jurisdictions
-
gaming2 years agoODIN by 4Players: Immersive, state-of-the-art in-game audio launches into the next generation of gaming
-
EEG iGaming Directory7 years ago
iSoftBet continues to grow with new release Forest Mania
-
News6 years ago
Softbroke collaborates with Asia Live Tech for the expansion of the service line in the igaming market
-
News5 years ago
Super Bowl LIII: NFL Fans Can Bet on the #1 Sportsbook Review Site Betting-Super-Bowl.com, Providing Free Unbiased and Trusted News, Picks and Predictions
-
iGaming Industry6 years ago
Rick Meitzler appointed to the Indian Gaming Magazine Advisory Board for 2018
-
News5 years ago
REVEALED: Top eSports players set to earn $3.2 million in 2019
-
iGaming Industry7 years ago
French Senator raises Loot Boxes to France’s Gambling Regulator
-
News6 years ago
Exclusive Interview with Miklos Handa (Founder of the email marketing solutions, “MailMike.net”), speaker at Vienna International Gaming Expo 2018
