Compliance Updates
Soft2Bet receives betting and gaming Licenses in Greek market
The platform provider has received clearance to enter the Greek-regulated market via two seven-year licenses
Soft2Bet, the award-winning software solutions provider has just announced that the Hellenic Gaming Commission’s Gaming Supervision and Control Commission (the EEEP) has granted the company betting events and casino games remote gaming licenses in Greece.
Following the revival of Greece’s online gaming market in 2021, this region continues to garner more and more interest from different operators. Soft2Bet has continued to rapidly elevate its presence in Europe, particularly after having secured operating licenses in Ireland, Denmark, and Sweden. Of course, the Greek market has been of particular interest to the platform provider and operator group as it seeks to further expand its global foothold, choosing to open in more and more regulated markets.
After a months-long process, Soft2Bet is now among the top figures to enter the highly-regulated Greek market. Being granted entrance into such a competitive market is further proof of Soft2Bet’s commanding position in the global gaming stage. This is also highly indicative of the high standards upheld by the company’s legal and compliance departments as well as Soft2Bet’s growing abilities.
“The issuance of our betting events and casino games remote gaming licenses in Greece is a terrific step forward for Soft2Bet. We view this as a springboard for further growth and are excited to pursue additional license opportunities in the near future. Soft2Bet remains focused on and committed to expanding its operation and bringing our exceptional gaming experience to even further markets across the globe. This very much highlights the company’s commitment for expenditure to even further regulated markets across Europe and around the globe. It is an additional important step in the right direction for Soft2Bet”, Commented David Yatom, Soft2Bet’s Group General Counsel.
4ThePlayer has officially received game certification for the Brazilian iGaming market, reinforcing its commitment to regulated markets worldwide. This milestone enables the company to bring its acclaimed player-first gaming experiences to a brand-new audience.
Approved by Gaming Associates and eCogra, these certifications allow licensed operators in Brazil, to offer 4ThePlayer’s high-quality, player-centric games through their existing platform integrations with Relax Gaming and Yggdrasil.
Certified game titles include 4 Fantastic Fish, 4K Ultra Gold, and 5 Wild Buffalo as well as their innovative and unique table games 100 Bit Dice and 1000x Busta, all top-performing, player-favorite releases. Moving forward, all 4ThePlayer games will be certified for Brazil from day one.
Beyond its existing portfolio, 4ThePlayer is committed to delivering region-tailored content, leveraging its local team in Brazil to develop engaging, culturally relevant gaming experiences set to launch later this year. The first one of these titles is 4 Fantastic Fish Amazon Adventure, the latest in their player favourite 4 Fantastic series, coming via Yggdrasil in April.
Henry McLean, Co-Founder, Commercial & Marketing Director at 4ThePlayer, expressed his enthusiasm: “We are thrilled to bring our unique, player-centric games to Brazil, a market full of energy and potential. These game certifications are a major milestone, reinforcing our dedication to regulated markets and delivering best-in-class entertainment. We look forward to collaborating with operators and creating unforgettable gaming experiences for Brazilian players.”
With this certification, 4ThePlayer continues its mission of providing exceptional, player-focused gaming worldwide, ensuring its engaging and innovative titles reach new markets and audiences.
The post 4ThePlayer Games Secures Certification for the Brazilian Market! appeared first on Gaming and Gambling Industry in the Americas.
Angelina Stasiuk Head of Business Line at SOFTSWISS Jackpot Aggregator
SOFTSWISS Jackpot Aggregator Expands in LATAM with Peru Certification
SOFTSWISS, a leading iGaming software provider, continues its expansion in LATAM by obtaining certification for the Peruvian market for its Jackpot Aggregator, a comprehensive player engagement solution. This follows the recent certification of the SOFTSWISS Jackpot Aggregator in Brazil.
The certification was achieved through GLI, an accredited testing laboratory, ensuring that the Jackpot Aggregator meets all technical and legal requirements set by Peruvian authorities.
The online casino segment in Peru has seen steady ARPU growth, increasing from 181 dollars in 2017 to a projected 513 dollars by 2028. Similarly, online sports betting has shown consistent growth, with ARPU rising from 319 dollars to 453 dollars over the same period.
The SOFTSWISS Jackpot Aggregator effectively caters to both segments, as it can be seamlessly integrated with sportsbooks and online casinos, even those based on third-party platforms. Also, SOFTSWISS recently announced the launch of the first Network Jackpot for Sportsbooks, a rare and effective engagement tool in the market.
Angelina Stasiuk, Head of Business Line at SOFTSWISS Jackpot Aggregator, commented: “When it comes to player retention and engagement while delivering an exciting entertainment experience, the SOFTSWISS Jackpot Aggregator offers a powerful solution. It allows operators to easily configure and implement a variety of mechanics, from multi-level prizes to branded jackpots. We are excited that these effective tools are now available for the Peruvian market.”
The Jackpot Aggregator can also be seamlessly integrated with the SOFTSWISS Game Aggregator, which is also certified for the Peruvian market.
The SOFTSWISS team will be available to discuss sweepstakes, social casino segments and partnerships at SiGMA Americas in São Paulo, Brazil, from 7 to 10 April.
About SOFTSWISS
SOFTSWISS is an international technology company with over 15 years of experience developing innovative solutions for the iGaming industry. SOFTSWISS holds several gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 23,500 casino games, the Affilka Affiliate Platform, the Sportsbook software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team counts over 2,000 employees.
The post SOFTSWISS Jackpot Aggregator Expands in LATAM with Peru Certification appeared first on Gaming and Gambling Industry in the Americas.
In light of a recent Court of Justice of the European Union (CJEU) ruling concerning the EU notification requirements for draft gambling legislation, the European Gaming and Betting Association (EGBA) reiterates the importance of the EU notification procedure when member states introduce or amend their national gambling regulations.
“Proper notification of draft gambling regulations to the European Commission is essential for good policy making and to allow for any proposed changes to national gambling frameworks to be scrutinised for their compatibility with EU law. The TRIS notification procedure facilitates transparency and allows for potential EU law compatibility issues to be identified before national regulations take effect,” said Maarten Haijer, Secretary General of EGBA.
“An effective TRIS procedure also relies on the European Commission to actively scrutinise all incoming notifications, which it has not been doing consistently in recent years. We’re confident, however, that the new Commission’s emphasis on the enforcement of EU law will lead to it stepping up its efforts to ensure draft national gambling laws are adequately scrutinised for their compatibility with EU law,” added Mr. Haijer.
As the European gambling market evolves, consistent application of the Technical Regulation Information System (TRIS) notification procedure by the Commission and member states becomes increasingly important for regulatory coherence across the EU. The notification procedure exists to ultimately support member states in developing effective, proportionate gambling regulations that achieve their public policy objectives while remaining compatible with EU law.
Source: EGBA
The post EGBA Backs CJEU Ruling in Gambling Law Case appeared first on European Gaming Industry News.
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