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Compliance Updates

LL Lucky Games AB completes acquisition of ReelNRG for SEK 8.25 million and adds 46 new games and important licenses in both the UK and Malta

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Following the completion of due diligence, LL Lucky Games AB can announce that the acquisition of ReelNRG is being completed as previously communicated.

The parties have agreed that the purchase price of SEK 8,250,000 will consist of 2,500,000 shares in an issue at share price of 3.30 SEK. This should be seen in relation to the total number of shares outstanding of the company as of today amounting to 48,866,506, which represents a dilution of approximately 5%.

ReelNRG will continue to operate independently, however, LL Lucky Games AB (publ) sees synergies in the form of cross-selling, cost optimisation and the possibility of sharing technology and licenses in the future. The business will be taken over as of the 27th May 2022.

Speaking on the acquisition Mads V. Jørgensen, CEO of LL Lucky Games, said: “This is a big step for Lucky Games where we consolidate our position as a truly independent gaming studio focused on the regulated markets. With another strategic acquisition, we are generating additional turnover through new revenue opportunities which will lead to the development of our profitability.

“The acquisition of ReelNRG secures key customer integrations and licenses and adds new casino games to our already strong product portfolio, along with our new development team in India. We are very excited and proud of the acquisition, and it is an honour to welcome them to Lucky Games”.

ReelNRG is a London-based game studio group and currently employs nine people including eight developers based in India. With its own development studio in Hyderabad, India.

The studio has developed and built its own technology and established strong distribution in the UK and other regulated markets under UKGC, MGA and Gibraltar licenses. Currently, ReelNRG’s portfolio consists of 46 games and over 30 integrations.

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Compliance Updates

MGCB Targets 11 Illegal Online Casinos Operating Without Licenses

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9 hours ago

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April 28, 2025

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The Michigan Gaming Control Board (MGCB) has issued cease-and-desist orders to 11 illegal online gambling operators found to be targeting Michigan residents without proper state authorization. These unlicensed casinos—some based offshore, others operating from undisclosed or domestic locations—pose serious risks to consumers by skirting Michigan’s regulated gaming laws.

The casinos named in the enforcement action include the following:

Club Player Casino

7 Bets Casino

NinBet Casino

Cherry Jackpot Casino

PitBet

SlotsNBets

Bookmaker.eu

Wild Vegas Casino

VIP Slots Casino

Prism Casino

ABC Islands Casino

“These sites are operating illegally and without proper oversight, putting Michigan players at risk. We’re committed to shutting down unlicensed gambling operations and protecting the public from deceptive practices, unfair play, and financial harm,” said Henry Williams, Executive Director of the Michigan Gaming Control Board.

The named operators have been found to accept wagers from Michigan residents via a range of payment methods—including credit cards, digital wallets, and cryptocurrencies. Players may be subjected to questionable practices, such as the withholding of winnings, unrealistic wagering requirements, and denial of withdrawals.

In addition to financial concerns, these illegal operators are not required to follow the same rigorous data protection standards that are mandated in Michigan’s regulated market. As a result, players’ personal and financial information may be highly vulnerable when shared with these unlicensed platforms, increasing the risk of data breaches, identity theft, and other cybercrimes.

The MGCB has formally notified all 11 operators to immediately stop offering gambling services to Michigan residents. They have been given 14 days to comply. Continued violations may result in further enforcement, including collaboration with the Michigan Attorney General’s Office to pursue legal action.

“This should serve as a strong warning to illegal operators: Michigan does not tolerate unauthorized gambling activity. We will continue our relentless pursuit of actively identifying and disrupting these operations,” Williams said.

“We want every patron in Michigan to have access to a fair and secure gambling experience. By eliminating illegal operators, we’re helping ensure the public can enjoy gaming without fear of fraud or abuse,” Williams added.

The post MGCB Targets 11 Illegal Online Casinos Operating Without Licenses appeared first on Gaming and Gambling Industry in the Americas.

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Compliance Updates

Vlad-Cristian Soare Appointed as the New President of Romania’s Gambling Authority (ONJN)

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9 hours ago

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April 28, 2025

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Mr. Vlad-Cristian Soare has been appointed as the new President of the National Office for Gambling (ONJN), replacing Mr. Gheorghe Gabriel Gheorghe, who stepped down from the position at his own request.

A lawyer by profession, Mr. Vlad-Cristian Soare has significant experience in the gambling sector, having served as the General Director of the Romanian National Lottery from 2021 to 2022. He has also held the position of President of FEDBET – the Federation of Gambling Organizers – since November 2022. In addition, Mr. Soare is a university lecturer at the University of Bucharest.

Given his extensive background in the gambling industry, it is expected that Mr. Soare will make impactful and beneficial decisions in his new role as President of ONJN.

The post Vlad-Cristian Soare Appointed as the New President of Romania’s Gambling Authority (ONJN) appeared first on European Gaming Industry News.

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Anastasia Rimskaya

Aviatrix receives certifications in Brazil

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4 days ago

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April 24, 2025

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The award-winning crash game Aviatrix has received certification for Brazil’s online gaming market, ensuring full compliance in the market.

Aviatrix has been granted full Federal Certification to offer its games via licensed operators in the country. Meanwhile, Aviatrix has also acquired a dedicated certification for the state of Paraná.

This means Brazilian players can now enjoy the most innovative crash game on the market –  one that has already gained a loyal following across Latin America.

Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “This is a huge milestone for Aviatrix. Brazil is one of the most exciting, newly-regulated markets in the world. There is massive demand for high-quality content, and that’s why we know Aviatrix is going to thrive. We’re looking forward to bringing the game to the country via some world-class partners. Get ready for takeoff.”

Aviatrix has been rapidly expanding in Latin America over recent months, including in Peru and Colombia.

The company was also named ‘Rising Star in Casino’ at last year’s SBC Awards Latinoamérica.

The post Aviatrix receives certifications in Brazil appeared first on Gaming and Gambling Industry in the Americas.

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