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Compliance Updates

Vixio Appoints Christian Erlandson as New Chair of the Board

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Vixio, a leading provider of regulatory intelligence solutions, today announced that Christian Erlandson has been appointed as Chair of the board. Effective immediately, Erlandson succeeds Gehan Talwatte, who served as Chair for the past two years. He brings a wealth of experience in executive leadership, strategy and innovation, making him a valuable addition to the company as it continues to pursue growth and long-term success.

“I am honoured to join Vixio as Chair and excited to contribute to the company’s continued success and growth,” said Christian Erlandson. “Vixio’s commitment to the RegTech space, combined with its innovative AI-driven platform that enhances data insights and streamlines workflows, positions the company as a leader in regulatory intelligence. I look forward to helping steer Vixio through this exciting period of innovation and expansion, delivering impactful solutions for our customers, future customers, and employees alike.”

Christian Erlandson brings over 30 years of senior leadership experience in the data and analytics sector, with a proven track record of driving growth and innovation. He has played key roles in high-growth companies and held prominent leadership positions, including CEO of Dun & Bradstreet UK, Managing Director at Thomson Reuters, Chief Commercial Officer at GfK, and CEO of Automotive Transformation Group. Throughout his career, Christian has led successful digital transformations, spearheaded product development initiatives, built high-performing teams, and leveraged data-driven insights to deliver exceptional results for clients.

Erlandson continues to serve as an advisor to Spotlio and currently holds the position of CEO at TNW (a Financial Times Company), reporting to the Financial Times Board. As a seasoned entrepreneur and CEO, Christian has a proven track record of driving transformational change in both scale-ups and well-established blue-chip organisations.

“We are delighted to welcome Christian to Vixio, and extend a heartfelt thanks to Gehan for his invaluable contributions to support Vixio’s expansion over the past two years,” says Mike Woolfrey, CEO Vixio. “Christian’s extensive leadership experience, strategic vision, and commitment to fostering innovation will be instrumental as we continue to strengthen our position as a leader in the RegTech market.”

Vixio was acquired in December 2022 by Perwyn, a European private equity investor, to enhance and increase the product offering and geographic coverage whilst maintaining and enhancing its leading reputation as the go to provider for regulatory intelligence in both the payments and gambling market. In his new role as Chair at Vixio, Erlandson’s industry experience and leadership will support Vixio’s continued growth in the payments and space with new products being brought to market to deepen its existing portfolio, as well as its expansion into the wider financial services industry and into new territories.

“Christian’s exceptional track record of driving growth and delivering value to stakeholders makes him the perfect leader to guide Vixio into its next phase of success,” says Gurinder Sunner, Partner at Perwyn. “We are confident his leadership will strategically position the company for continued growth in payments and gambling, as well as long-term success as we expand further into financial services. I look forward to the exciting opportunities that lie ahead under his chairship.”

Christian’s appointment comes at the perfect time as the business cements its position as an award-winning leader in the RegTech space.

The post Vixio Appoints Christian Erlandson as New Chair of the Board appeared first on European Gaming Industry News.

Anastasia Rimskaya

Aviatrix receives certifications in Brazil

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The award-winning crash game Aviatrix has received certification for Brazil’s online gaming market, ensuring full compliance in the market.

Aviatrix has been granted full Federal Certification to offer its games via licensed operators in the country. Meanwhile, Aviatrix has also acquired a dedicated certification for the state of Paraná.

This means Brazilian players can now enjoy the most innovative crash game on the market –  one that has already gained a loyal following across Latin America.

Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “This is a huge milestone for Aviatrix. Brazil is one of the most exciting, newly-regulated markets in the world. There is massive demand for high-quality content, and that’s why we know Aviatrix is going to thrive. We’re looking forward to bringing the game to the country via some world-class partners. Get ready for takeoff.”

Aviatrix has been rapidly expanding in Latin America over recent months, including in Peru and Colombia.

The company was also named ‘Rising Star in Casino’ at last year’s SBC Awards Latinoamérica.

The post Aviatrix receives certifications in Brazil appeared first on Gaming and Gambling Industry in the Americas.

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Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited

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Readen Holding Corporation, a venture capital specialising in Fintech, Digital Payments and E-commerce, has announced the successful signing of the final agreement to acquire an 80% controlling stake in Morrich Lottery Limited, a fully licensed lottery operator in Nigeria. This milestone marks RHCO’s official entry into the African gaming market — one of the fastest-growing and most promising sectors globally.

With the closing of this acquisition, RHCO now holds active licenses in Nigeria for lottery, sportsbook and casino operations, unlocking access to an estimated $2.5 billion gaming market projected to grow over 9% annually through 2030. This move positions RHCO to become a major international force in regulated gaming, entertainment and fintech infrastructure.

Ridzky Berg, CEO of RHCO, said: “This is more than an acquisition — it’s a strategic launchpad into one of the most dynamic gaming markets in the world. Nigeria’s youthful population, expanding internet access, and growing appetite for digital gaming make this a prime market. With our proven fintech backbone and seasoned leadership, we’re ready to set a new standard for integrated, secure, and user-friendly gaming platforms across the region.”

The post Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited appeared first on European Gaming Industry News.

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Compliance Updates

Swedish Regulator Imposes Fine of SEK12M on Videoslots

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The Swedish gambling regulator, Spelinspektionen, has fined Videoslots SEK12m (£937,016) for failing to help customers better manage their gambling behaviour when it had reason to do so.

The regulator said that the company did not take sufficiently effective measures to intervene on excessive gaming and “did not act promptly enough.”

The fine, along with a formal warning, comes after a Spelinspektionen investigation into Videoslots’ customer activity in spring last year. The regulator found that the company breached its duty of care obligations.

Twelve customers’ gaming behaviour was analysed, with the regulator concluding that their gambling patterns, deposit behaviours and “significant losses” were among the “multiple indicators” that the customers engaged in excessive gaming.

A number of the 12 customers returned to Videoslots’ platform to play “multiple times” during the day or play “continuously for many hours.”

The regulator said all of the customers had “very high deposit limits.” Three had limits of SEK1m (£78,164), one had a limit of SEK4.5m (£351,912) and another player’s limit was SEK300m (£23.5m).

All customers deposited “large amounts” during the review period, Spelinspektionen said, including one who deposited SEK1.8m (£140,785) and another who deposited SEK1.3m (£101,721).

“Several customers exhibited a deposit pattern where withdrawn amounts were deposited again shortly after being withdrawn,” the regulator said.

“For several customers, there were also a large number of deposits in a short period. Some customers regularly made multiple deposits per gambling day… and one customer had days with up to 28 deposits.”

“In light of the above, Spelinspektionen assesses that all the customers have engaged in excessive gambling during the review period,” the regulator concluded.

“The company has pointed out that individual indicators, on their own, may not necessarily be signs of excessive gambling. According to Spelinspektionen, all the above-mentioned indicators are signs of excessive gambling, and the overall assessment of all indicators forms the basis for the conclusion.”

The post Swedish Regulator Imposes Fine of SEK12M on Videoslots appeared first on European Gaming Industry News.

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