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Compliance Updates

HITSqwad secures UK Gambling Commission licence

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Developer of innovative jackpot games given the green light to launch its content in the UK market with its debut set for early next year

HITSqwad, an innovative new game studio on a mission to become a leading provider of jackpot games, has been granted a Remote Gambling Software Licence by the UK Gambling Commission allowing it to make its online games available to operators in the UK market.

Securing this licence forms part of wider plans to launch its cutting-edge jackpot games in core regulated markets around the world, with its first titles set to debut to players in the UK via Playzido early next year.

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HITSqwad is run by a team of experienced industry experts that have identified a gap in the market for flexible and customisable jackpot games that are fully compliant with regulatory requirements in each of the jurisdictions that its operator partners wish to target.

The provider is developing a series of jackpot themes, each of which will have a family of associated games. This will ensure its portfolio is varied while also allowing operators to identify the themes and brands their players engage with and then add more titles.

Each title will be developed with a mobile-first approach and will deliver unrivalled player engagement by providing a range of exciting features to trigger each jackpot.

Charl Geyser, CEO of HITSqwad, said: “Securing our UK Gambling Commission licence is a milestone moment for HITSqwad. Not only is it our first major licence, but it allows us to launch our content into one of the world’s largest online gambling markets.

“Our strategy going forward is to now secure additional licences in other key regulated markets with the objective being to provide as many operators and their customers with access to our innovative and exciting jackpot games as possible.

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“Our games and platform have been built to be flexible and customisable, allowing us to easily ensure they meet the rules and regulations in each of the markets we target. The UK is a significant market for us and the wider industry, and we are thrilled to have been given the green light to enter the fray.”

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Compliance Updates

Stakelogic Secures License to the newly regulated Danish market

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Industry-leading provider secures license to provide slots and live content in Denmark

Award-winning casino content provider Stakelogic has obtained a license from the Danish Gambling Authority, Spillemyndigheden, to provide its gaming content in Denmark.

The license will allow Stakelogic to bring its premium portfolio of online casino slots and live dealer content to the Danish market, including recent releases like Fire and Gold Cluster Breaker, Super Wheel Game Show, Trident of Legends, and The Watcher.

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Stakelogic is able to partner up with leading Danish operators, establishing itself as a must-have provider in the country. The move further highlights Stakelogic’s commitment to strengthening its position in the European market and exploring new and exciting regulated markets.

The license also further cements the company’s presence in the Scandinavian markets, having secured a license from the Swedish authority, Spelinspektionen, in 2023 and establishing itself as a popular provider among Swedish players.

Denmark is one of Europe’s fastest-growing markets, with a strong focus on customer care and responsible gambling. Stakelogic is proud to have met all the requirements needed to obtain the license, highlighting its commitment to providing players with the best and safest gaming experiences.

Stephan van den Oetelaar, CEO at Stakelogic, said: “Denmark is one of the fastest growing markets in Europe, and we are proud to have achieved a license to the newly regulated market.

We are grateful to Spillemyndigheden for their support in us and we are excited to take our next steps into the market.”

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The post Stakelogic Secures License to the newly regulated Danish market appeared first on European Gaming Industry News.

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Compliance Updates

UKGC Appoints Charles Counsell OBE as Interim Chair

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Charles Counsell OBE has been appointed as Interim Chair of the UK Gambling Commission (UKGC) for a nine month term which will commence on 1 February 2025.

Charles was Chief Executive Officer of The Pensions Regulator from April 2019 to March 2023. Prior to this he was CEO of the Money Advice Service, and Executive Director of Automatic Enrolment at The Pensions Regulator.

As CEO of The Pensions Regulator, Charles developed the new corporate strategy to put the pension saver at the heart of the Regulator. He delivered their first Equality, Diversity and Inclusion Strategy and Climate Change strategies – both focused on driving change in the regulator and across the Pensions Sector.

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Throughout his career, his roles have focused on setting up and delivering large change programmes requiring significant stakeholder relationship engagement: initially in the private sector and latterly in senior public sector appointments.

The post UKGC Appoints Charles Counsell OBE as Interim Chair appeared first on European Gaming Industry News.

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Compliance Updates

SYNOT Games Secures Danish License

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SYNOT Games has obtained a B2B online slot games supplier license in Denmark, authorising the company to supply its gaming content within Denmark’s regulated market. This B2B license, issued by the Danish Gambling Authority (Spillemyndigheden), becomes effective on January 1, 2025, aligning with new regulatory requirements mandating that all game suppliers hold such a license from that date forward.

This development enables SYNOT Games to offer its portfolio of slot games to Danish operators, reinforcing its commitment to compliance and responsible gaming practices.

“Obtaining the B2B license from the Danish Gambling Authority marks a significant milestone for us in the Danish market. This license not only aligns with new regulatory requirements but also reinforces our commitment to adhering to the highest industry standards. We are thrilled to continue offering Danish players the immersive gaming experience our portfolio provides,” said Martina Krajčí, CCO of SYNOT Games.

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