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Compliance Updates
Playson secures Gibraltar B2B remote gambling licence
Award-winning supplier eyes further international growth with latest licence approval
Playson, the fast-growing digital entertainment supplier, has been granted a B2B licence by the Gibraltar Licensing Authority, a move that will supercharge its ambitious growth plans.
Gaining this sought-after licence follows a strong year of growth for Playson and precedes a packed roadmap of content releases for next year, which will now be available to Gibraltar-licensed operators.
As part of the licensing process, Playson completed several stages of vigorous scrutiny, engaging C-levels from across the business, including its CEO, COO and CCO, Head of Platform, and General Counsel, Felicia Andronic.
After six months of preparation, the provider submitted a business plan and received pre-approval for the licence, before embarking on an extensive due diligence process across the whole business.
Playson’s extensive portfolio of games has now been certified for use and operators with a Gibraltar licence can now benefit from player favourites such as Coin Strike: Hold and Win, 3 Pots Riches: Hold and Win and Energy Coins: Hold and Win, as well as a robust 2024 roadmap featuring a greater frequency of new releases each month.
Felicia Andronic, General Counsel at Playson, said: “The Gibraltar licence is an important milestone for us and after a long and thorough process, we are pleased to have been approved by the Gambling Division. This key licence will spark significant commercial growth for us and enable us to provide our engaging content to even more UK and international facing operators.
“In 2024, Playson will step up a gear, delivering a jam-packed schedule of game releases and supporting promotions, so we are thrilled that more players than ever before can enjoy what we have to offer.”
Compliance Updates
The Danish Gambling Authority Will Have More Response Options with Amendment of the Gambling Act
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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.
AGCO
Edict Egaming Secures Approval for Ontario Licence
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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
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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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