Compliance Updates
Stake.com’s UK operation now live
Fast-growing global cryptocurrency betting & gaming operator & Watford FC principal sponsor’s UK B2C platform launched on stake.uk.com
Stake, one of the world’s fastest-growing cryptocurrency betting & gaming operators and principal sponsor of Watford FC have ramped up their global expansion with the launch of UK-licensed website, www.stake.uk.com
Since launch in 2017, Stake has grown to process over 30 billion bets a year, including handling five percent of global Bitcoin transactions and 10 percent of global Dogecoin transactions.
The UK platform will offer customers a range of sportsbook, casino and gaming products, powered by TGP.
Running in partnership with TGP Europe and licensed by the UK Gambling Commission, the site launches as part of the global operator’s expansion plans beyond core markets of Canada and Latin America which are managed by Stake’s core operations teams spread in Australia and Serbia.
At launch, Stake.com will offer a number of unique and exclusive betting markets and propositions for UK customers covering major eSports, entertainment and political events along with traditional sports betting markets.
Stake’s UK offering will include a range of responsible gambling tools including systems to allow customers to set deposit limits, take timeouts and self-exclude. Stake is a verified member of the Crypto Gambling Foundation, meeting their fairness and transparency requirements.
Stake’s UK offering will not accept cryptocurrency payments or transactions, processing all payments in fiat currency only in line with UK licensing regulations.
Stake announced a club-record partnership with Watford FC for the 21/22 season, culminating in the iconic Shiba Inu dog adorning the club’s shirt sleeves for the first time. To celebrate the UK launch, Stake are offering Watford fans an exclusive ‘Stake x Watford First Goal Payout’ promotion, meaning if the Hornets score first in any Premier League game and fail to win, Stake will still pay out on all bets on a Watford victory.
Dominic Rae, Sponsorships Manager for Stake said: “Following a successful launch our UK-facing and licensed website stake.uk.com is now live, offering sportsbook, casino and gaming products to the UK.
“Customers will have access to a range of sportsbook markets including odds coverage of unique betting events in esports as well as a full suite of responsible gambling tools, designed to offer a safe and entertaining experience to all customers.”
The Netherlands Gambling Authority (KSA) has imposed a first penalty payment order on YouTube influencer LeftlanePapi for promoting illegal gambling.
The YouTube channel LeftlanePapi showed videos with live streams of online gambling from illegal providers. The illegal providers were also actively advertised, by encouraging viewers to also play there. The KSA issued a warning to the influencer. Because the content in question was not removed after the warning and new streams were made, the KSA imposed a penalty. Existing content must be removed and no new advertising may be made. If this does happen, the influencer will receive a penalty of €25,000 per violation, with a maximum of €75,000.
With its new approach, the KSA opts for a two-track policy. After establishing a violation, influencers receive a message that they must stop their activities within 48 hours and that illegal content must be removed. If the influencer does not do so, the KSA approaches the social media platform so that the harmful content is removed in any case. The influencer is given a penalty under penalty of a fine, as was also the case with Leftlanepapi. The KSA has now warned several influencers.
The post KSA Imposes Penalty Payment Order on Influencer Leftlanepapi appeared first on European Gaming Industry News.
French gambling regulator ANJ has appointed Pauline Hot as its new Director General.
A former student of the École normale supérieure and the École nationale d’administration (Hannah Arendt class), Pauline Hot has been an auditor and then a master of requests at the Council of State since 2020. There, she served as rapporteur to the 6th chamber of the litigation section and to the administration section. She has held the position of Deputy Director General of the ANJ since January 2025.
The post ANJ Appoints Pauline Hot as its Director General appeared first on European Gaming Industry News.
Ahmed Baker Chief Commercial Officer at Incentive Games
INCENTIVE GAMES SECURES MICHIGAN GAMING LICENSE
Incentive Games, a leading B2B games provider, is proud to announce that it has been awarded a Provisional Michigan gaming licence by the Michigan Gaming Control Board (MGCB), effective today. This achievement allows the company to bring its innovative suite of Real-Money Games to operators and players across the state.
The Michigan licence represents Incentive Games’ first foray into the North American regulated market. This comes shortly after the launch of Incentive Studios, the company’s dedicated Real-Money Gaming division, which is set to drive its ambitious growth in this sector. The licence underscores the company’s unwavering commitment to maintaining the highest standards of compliance, security, and operational integrity. Obtaining this licence, which requires excellence in areas such as robust security protocols and comprehensive responsible gaming measures, provides access to one of the most dynamic iGaming markets in the United States.
Ahmed Baker, Chief Commercial Officer at Incentive Games, said, “Securing our Michigan licence marks an exciting new chapter for Incentive Games. It’s a testament to our unwavering commitment to meeting the highest regulatory standards and unlocks a significant opportunity for us in a critical North American growth market. This will allow Incentive Games to forge new partnerships and bring our highly engaging Real-Money Games directly to players in Michigan. We’re very grateful to the MGCB for this achievement, which is a pivotal step in our global expansion strategy as we continue to deliver world-class products and build strong partnerships in the region.”
The post INCENTIVE GAMES SECURES MICHIGAN GAMING LICENSE appeared first on Gaming and Gambling Industry in the Americas.
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