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Compliance Updates

Stakelogic granted Greek gaming license

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In-demand software providers expand their global reach after regulators give the green light to operate in Greece

Stakelogic, the sought-after software studio behind fan favourite slots such as Mystery Drop and Extreme Megaways, have announced they’ll now be able to share their innovative catalogue of games with a brand-new audience after being granted a Greek gaming license.

Having already successfully passed the rigorous security checks of regulatory bodies such as the Malta Gaming Authority, Romania’s ONJN and the notoriously thorough UK Gaming Commission, Stakelogic can now add the Hellenic Gaming Commission to their growing list of approvals as the group gave them the green light to supply their full suite of slots and live games to online operators in Greece.

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The news means that Stakelogic will now be able to offer their games to Greek players via any licensed casino in the country, enabling them to share their signature range of Super StakeTM titles in the market for the first time. With these games offering players the chance to raise their starting stake in exchange for perks such as extra scatters and bonus features, they’re sure to prove a popular addition.

With the Hellenic Gaming Commission opening up the application process for new online gaming licenses in October of last year, Stakelogic have moved quickly to gain the proper certification for Greece. Just as they did in the Ukrainian market earlier in the year, the popular providers were able to secure a suppliers license relatively early, enabling them to hit the ground running in the country.

The decision by Stakelogic to acquire a Greek gaming license to go alongside the others they hold in Malta, Romania, the UK and the Ukraine further emphasises the studio’s commitment to expanding its global reach and ensuring as many players as possible get to try out its exciting collection of games.

Stephan van den Oetelaar, CEO at Stakelogic, said: “Having thoroughly reviewed our business offering, we’re delighted the Hellenic Gaming Commission has awarded us a Greek gaming license and we’re very much looking forward to sharing our product with players in the country for the first time.

“The decision to move into Greece is reflective of Stakelogic’s wider strategy to expand its global reach and offer its premier collection of slots and live casino games in new markets the world over. Now licensed in five major gaming jurisdictions, we’ve proved once more that Stakelogic is a brand players can trust to deliver a high quality gaming experience that’s 100% regulated, licensed and secure.”

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Compliance Updates

Elys BMG Group Announces Approval for The Ugly Mug Sportsbook in Washington, DC.

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Elys BMG Group announced that The Ugly Mug in Washington D.C. has been granted provisional approval from the District of Columbia Office of Lottery and Gaming Regulation and Oversight Division (DCOLG) to open its sportsbook at 723 8th St. SE. As the fourth privately owned sportsbook venue in the District powered by Elys’ innovative Gameboard betting technology, The Ugly Mug stands as a testament to Elys’ commitment to bringing cutting-edge solutions to local businesses and sports enthusiasts.

The grand opening for The Ugly Mug sportsbook is anticipated to occur during the week of April 27th. Elys will unveil the grand opening festivities, promotions, and events as the date draws closer.

With easy access to sports wagering and a classic American menu in a relaxed setting, The Ugly Mug sportsbook is set to become a premier destination in the Navy Yard region of Washington D.C. and is another step forward for Elys becoming the leading betting technology provider for neighborhood sportsbooks in the US.

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Compliance Updates

GoldenRace is now certified in the Netherlands

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GoldenRace, global provider of award-winning Virtual Sports and betting solutions, has recently obtained a certification for its highly acclaimed Virtual Sports and Games in the Dutch market.

GoldenRace successfully navigated the stringent regulatory landscape of the Netherlands, and now will be providing its impressive betting products into the Online Dutch market, which will be an important advancement in our operational expansion.

The Netherlands betting scene is on the cusp of a substantial growth phase and with GoldenRace’s latest certification, we introduce to the Dutch market a range of highly popular games tailored to desktop and mobile, in both scheduled and on-demand modes.

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Among the offer, players will enjoy our most-played Virtual Football line-up – including Football Single, Leagues, World Cup and Euro Champions-, adrenaline-pumping 3×3 Basketball and MMA and top-notch races as Horse Racing, Greyhound Racing and Grand Prix Indianapolis 60. Last but not least, our Number Games, such as Spin2Win. All ready to captivate Dutch players.

The post GoldenRace is now certified in the Netherlands appeared first on European Gaming Industry News.

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Compliance Updates

MGA: Update to the Incident Reporting Requirements

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The Malta Gaming Authority would like to inform its licensees of updates made to the Incident Report mechanism available through the Licensee Portal The information hereunder outlines relevant guidance and procedures for the submission of an Incident Report through the updated reporting instrument entitled the ‘Technical – Information Security Incident’.

As mandated by Articles 37(2)(c) and (d) of the Gaming Authorisations and Compliance Directive (Directive 3 of 2018), “Licensees shall notify the Authority forthwith, and in any case no later than three (3) working days after, the following:

(c) Any breach of the licensee’s information security that adversely affects the confidentiality of information relating to players;

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(d) Any breach of the licensee’s information security that precludes players from accessing their accounts for a period exceeding twelve (12) hours.”

In this regard, Licensees are obliged to submit an Incident Report in order to notify the Authority of the circumstances relating to an information security breach that meet the above specified criteria. Additionally, Licensees are advised to remain mindful of any further obligations emanating from the General Data Protection Regulation (EU/2016/679) and any relevant legislation.

The Technical – Information Security Incident option will be accessible through the “New/Change” dropdown menu via the Portal. Upon selection, users will be directed to the applicable sections of the ‘Technical – Information Security Incident’ where all compulsory fields and any relevant documentation must be submitted to the Authority.

Upon submission, the Incident Report shall undergo review by the Authority. Any missing information that may be identified by the Authority, shall be requested accordingly from the Licensee. It is imperative that any pending clarifications are addressed in a timely manner.

If no further clarifications are deemed necessary by the Authority, the Incident Report will be closed off accordingly, and any relevant documentation will be securely filed for record-keeping purposes.

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Any Incident Reports left in ‘Draft’ form (i.e. opened but not effectively submitted) for a period of ninety (90) days shall be automatically discarded.

The post MGA: Update to the Incident Reporting Requirements appeared first on European Gaming Industry News.

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