Compliance Updates
Game-Changing Recognition: SoftGamings’ Platform Earns Italian B2B Certification
The acquisition of B2B certification for Italy on 30th October, 2023 represents a significant milestone in the ongoing development of SoftGamings’ Platform as a leading provider and aggregator of casino software. This achievement not only showcases SoftGamings’ expertise and professionalism within the iGaming sector, but also serves to further enhance trust among its customers and partners.
The attainment of Italian B2B certification signifies that SoftGamings’ Platform adheres to the rigorous standards and requirements established in Italy. This certification reaffirms the company’s possession of the requisite skills, knowledge, and experience necessary for the successful delivery of its comprehensive services and solutions suite.
SoftGamings stands out in the Italian market and becomes the preferred partner for operators looking for reliable and expert service providers: White Label, Turnkey and Game API Integration. This development allows SoftGamings’ Platform to expand its customer base in this region.
Italy boasts a well-developed gambling industry, contributing approximately 80 billion euros annually to the national treasury through activities such as slot machines and other games. The country’s rich history in gambling dates back to 1638 with the establishment of the first casino, Ridotto. Although there have been attempts to ban casinos since 1923, today, legal gambling establishments operate freely in Italy in accordance with state legislation. Online clubs have also been permitted since 2010, with 20% of their profits contributed to the state.
As stated by Artem Ustinov, Head of White Label and Turnkey Solutions at SoftGamings: “SoftGamings recently received Italian certification, adding to its existing licenses in Malta, Curaçao, Greece, Belgium, Romania and other countries. By obtaining Italian B2B certification, SoftGamings’ brand companies now offer Italian B2B companies a seamless opportunity to collaborate. We provide them with a full range of profitable casino software solutions. This development not only strengthens our position in the European market, but also confirms our commitment to meeting the needs of Italian B2B companies in the iGambling industry”.
Compliance Updates
The Danish Gambling Authority Will Have More Response Options with Amendment of the Gambling Act
On 2 May, the Danish Parliament adopted the Act on Amendment of Act on Gambling. Among other things, the amendment of the Gambling Act means that the Danish Gambling Authority from the 1st of July 2024 will have more response options i.e., options to issue orders and reprimands.
Until last month, the Danish Gambling Authority had the option to warn the licence holder or report it to the police when the Danish Gambling Authority found a breach of the gambling legislation.
However, in the future, when the Danish Gambling Authority finds a breach, the Danish Gambling Authority can issue an order and/or a reprimand. If the licence holder fails to comply with the order or does not meet the deadline, the breach may result in a report to the police or the licence may be revoked.
The amendment of the Act also means that the Danish Gambling Authority must publish court rulings where the outcome is a verdict of guilty or a partial verdict and fines issued for breaches found after 1 July 2024 on the Danish Gambling Authority’s website for five years.
On Spillemyndigheden.dk, you will find a full list of all reactions issued by the Danish Gambling Authority. You will find the list “Rulings and reactions” under “News” in the menu. The list enables you to filter by type of reaction and field of law.
The post The Danish Gambling Authority Will Have More Response Options with Amendment of the Gambling Act appeared first on European Gaming Industry News.
Edict egaming has received approval from the Alcohol and Gaming Commission of Ontario (AGCO) to provide its games for the online casino market in the Canadian province. This applies to both the German edict egaming GmbH and Edict Malta Limited. From now on, the Merkur Group subsidiary will be able to offer its popular Merkur slots in one of the largest North American markets.
“We are delighted to have received AGCO approval for our Merkur games in Ontario. This is definitely a big step for edict and we are very excited to showcase ourselves to new audiences on the global stage in this dynamic market,” Dominic-Daniel Liénard, CEO of edict egaming GmbH, said.
The AGCO is working with the Government of Ontario and iGaming Ontario (iGO) to establish a new online gaming market that helps protect consumers gambling through private gaming companies. This license certifies that edict operates within the framework of strict laws and meets the requirements for responsible gaming.
Compliance Updates
Malta Gaming Authority Reminds Licensees to Notify Material Outsourcing Within 30 Days
The Malta Gaming Authority (MGA) has issued a reminder to licensees regarding the necessary compliance procedures for outsourcing activities related to material supplies, critical supplies and key functions.
According to the Gaming Authorisations and Compliance Directive, licensees must adhere to the Policy for Outsourcing by Authorised Persons. Licensees are required to notify the MGA within 30 days when outsourcing material supplies.
For outsourcing activities deemed to be critical supplies or critical services, prior approval from the Authority is mandatory. This approval must be secured before entering into any agreements, MGA said in a statement.
Outsourcing requests should be submitted through the “Operational – Outsourcing Arrangements” application on the Licensee Portal. Key Function applications need to be submitted directly by the respective Key Person via the “Personal Portfolio” on the Licensee Portal.
Furthermore, if licensees require the MGA’s formal approval for any outsourced business arrangements with third parties, known as “Shared Conduct Agreements,” a specific procedure must be followed to obtain this approval.
The post Malta Gaming Authority Reminds Licensees to Notify Material Outsourcing Within 30 Days appeared first on European Gaming Industry News.
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