Connect with us

Compliance Updates

Swedish regulator gives Stakelogic its seal of approval

Published

on

Reading Time: 2 minutes

 

Provider’s slots and live dealer titles given the green light by the Swedish Gambling Authority ahead of expected change to regulations

Stakelogic is among the first suppliers to secure a licence from the Swedish regulator, Spelinspektionen, allowing it to continue to offer its classic and video slots to operators in the market.

The provider’s live dealer subsidiary, Stakelogic Live, has also been given the green light by the Swedish Gaming Authority to continue to serve operators in the market.

Stakelogic is among the first suppliers to be granted a permit ahead of the expected change to regulations set to come into force later this year that will require all providers to have been approved by Spelinspektionen.

This means that operators will be able to offer their players Stakelogic’s full suite of classic slots that have been designed to stir a sense of nostalgia while still getting player pulses racing with plenty of big win potential.

These games are all about the instantly recognisable fruit symbols such as oranges, grapes, melons and cherries, as well as the BARs, Bells and 7s, that land on the reels. This is combined with Wilds, Multipliers and even Free Spins.

Popular Stakelogic classic slots available to operators in Sweden include Multi6Player, Big Runner Deluxe and Multi4Player.

In addition, the provider’s full portfolio of explosive video slots is also available to operators in the market. This includes Cash Express, Wild Buzz, El Cowboy Megaways, Devil’s Trap, Diamond Staxx MultipaysTM and the just-launched Spartans Vs Zombies Multipays and Greedy Fox.

Stakelogic Live’s premium live content has also been approved, allowing operators to offer their players the most authentic, interactive and engaging experiences in the market. Games cover American Blackjack, European Roulette and Live Game shows such as the newly released Runner Runner Roulette 5000X.

Both its slots and live dealer titles come hooked up to innovations such as Super Stake. This allows players to double their bet to increase the chance of a bonus triggering and insane win combinations landing.

Stephan van den Oetelaar, CEO at Stakelogic, said: “Sweden is an important market for us, and we are thrilled to be among the first to secure a supplier licence for both Stakelogic and Stakelogic Live.

Our games have really hit the mark with players in Sweden, and securing approval from the regulator means that we can continue to offer our slots and live content to operators and their players once the expected regulatory change comes into force.

We are super focused on regulated markets, so securing this approval has been a priority for us and we are delighted to be among the first round of providers to have been given the green light by the regulator.”

Continue Reading
Advertisement

Australia

VGCCC Fines Werribee RSL for Self-exclusion Failures

Published

on

vgccc-fines-werribee-rsl-for-self-exclusion-failures
Reading Time: < 1 minute

 

The Victorian Gambling and Casino Control Commission (VGCCC) has fined the Werribee RSL $30,000 for failing to prevent 2 self-excluded customers from gambling.

VGCCC CEO Suzy Neilan said: “This is the first time the VGCCC has taken disciplinary action against a club or hotel for self-exclusion breaches.

“Self-exclusion programs empower people to manage their gambling by registering to be temporarily or permanently blocked from entering gambling areas of clubs, pubs and casinos.

“By failing to respect a person’s decision to self-exclude, a venue may put customers who have decided to take a break from gambling, or quit altogether, at risk of experiencing gambling harm.”

In January 2024, the VGCCC received an anonymous tip-off that a self-excluded person entered the Werribee RSL gaming room and used the poker machines. The venue self-reported a second breach in May 2024, after realising a different customer had gambled at the venue on at least 4 occasions between February and May 2024.

Ms Neilan said: “Taking disciplinary action is the last resort. We would prefer venues take their harm minimisation responsibilities seriously by complying with their legal obligations, including through the effective implementation of tools like self-exclusion.

“Venues and their staff are the last line of defence for self-excluded customers, who should be able to trust that their decision to self-exclude will be respected. They must have the appropriate controls in place to prevent self-excluded people from entering gaming rooms.”

The VGCCC acknowledged that Werribee RSL cooperated with the investigations and has since taken steps to strengthen its procedures. These include improved and regular staff training, daily audits of the self-exclusion register and greater use of technology to identify self-excluded customers who attempt to enter the gaming room.

This remedial action was taken into consideration in determining the amount of the fine.

The post VGCCC Fines Werribee RSL for Self-exclusion Failures appeared first on European Gaming Industry News.

Continue Reading

Compliance Updates

Konami Gaming Awarded Gaming-related Vendor License in the UAE

Published

on

konami-gaming-awarded-gaming-related-vendor-license-in-the-uae
Reading Time: < 1 minute

Konami Gaming Inc. announced successful completion of Gaming-related Vendor Licensing in the United Arab Emirates (UAE), a key emerging market for commercial gaming. Konami Gaming is among the first in the industry to be awarded a Gaming-Related Vendor License by the General Commercial Gaming Regulatory Authority (GCGRA), an independent entity of the UAE Federal Government with exclusive jurisdiction to regulate, license, and supervise all UAE commercial gaming activities. A leading global provider of casino games and casino management systems, Konami has been awarded official license to serve the UAE’s developing gaming market with its award-winning products and services.

“Since Konami Gaming’s inception, our global growth has been achieved with an unwavering commitment to compliance. As the United Arab Emirates expands its economy to the regulated commercial gaming space, Konami is dedicated to supporting this market with the same integrity, innovation, and excellence we bring to all 431 gaming jurisdictions we serve worldwide,” said Tom Jingoli, president & chief operating officer at Konami Gaming.

For a quarter century, casino players have enjoyed Konami Gaming’s slot machines for the Class III gaming space, in which game outcomes are determined by random number generators (RNG). The company has since expanded its world-famous casino entertainment to online gaming and a variety of central determination market sectors. Additionally, Konami Gaming has spent over 20 years delivering its industry-leading SYNKROS casino management system to some of the largest and most diverse gaming destinations on earth, with ultra-reliable 99.99% uptime.

The post Konami Gaming Awarded Gaming-related Vendor License in the UAE appeared first on European Gaming Industry News.

Continue Reading

Australia

ACMA: ReadyBet Breaches Gambling Self-exclusion Rules

Published

on

acma:-readybet-breaches-gambling-self-exclusion-rules
Reading Time: < 1 minute

 

The Australian Communications and Media Authority (ACMA) has issued ReadyBet with a remedial direction after the company marketed to customers who had registered with BetStop – the National Self-Exclusion Register (NSER).

An ACMA investigation found ReadyBet sent 273 texts and push notifications from its mobile app to self-excluded individuals.

Separately, the company also failed to promote the NSER in 2342 push notifications despite it being mandatory to promote BetStop in any marketing electronic messages.

The ACMA issued the remedial direction so that ReadyBet takes action to prevent it breaching the rules in the future.

Under the remedial direction, ReadyBet must commission an independent review of its marketing systems, including its use of third-party suppliers.

ReadyBet must also engage a provider to deliver training to its staff to avoid messages being sent to self-excluded individuals.

The ACMA may seek civil penalties if ReadyBet does not comply with the remedial direction.

The post ACMA: ReadyBet Breaches Gambling Self-exclusion Rules appeared first on European Gaming Industry News.

Continue Reading

Trending