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Compliance Updates

Malta suspends gaming license of BTM Entertainment

Niji Narayan

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he Malta Gaming Authority publishes Directive on the Key Function of the Prevention of Money laundering and the Financing of Terrorism
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The Malta Gaming Authority (MGA) has suspended the gaming license of BTM Entertainment Group Limited, numbered MGA/B2C/350/2016. The suspension came into effect on 31 January 2019.

The suspension is following an investigation into the breach of statutory requirements from the part of the company.

MGA asked BTM Entertainment Group to indefinitely suspend all its gaming operations, cease to register new players or accept any deposits on the Licence and to submit all data and documentation requested by the Authority.

MGA also banned the websites operated by BTM Entertainment Group Limited, or associated with BTM Entertainment Group Limited, and which make reference to the Authority or the above-quoted licence is not approved to be operational by the Authority.

The authority has also asked players who have any outstanding payments from BTM Entertainment to send a mail to [email protected] with the following information:

  1. Name and Surname;
  2. Registered Address;
  3. Date of Birth;
  4. Copy of Passport or ID Card;
  5. Telephone Number;
  6. Description of Product i.e. casino or sportsbook;
  7. User Name; and
  8. Screenshot of Balance or any pending Cash Outs (if not available an estimated balance is to be submitted).

The Authority notifies that no further information shall be released at this stage in order not to compromise any investigations that may need to be performed by the Authority and/or any other competent authority.

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Compliance Updates

Merkur Gaming Signs MoU with Ukraine’s Gambling and Lotteries Regulation Commission

Niji Narayan

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Merkur Gaming Signs MoU with Ukraine’s Gambling and Lotteries Regulation Commission
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Merkur Gaming has signed a Memorandum of Understanding (MoU) with Ukraine’s gaming regulatory body, the Gambling and Lotteries Regulation Commission.

The signing of MoU between Ukraine’s Expert Advisory Council of Gambling and Lotteries Regulation Commission (EAC GRLC) and adp Gauselmann GmbH (Merkur) allows Merkur to bring its more than 60 years of experience and achievement in both manufacturing and operations in gaming to help and assist Ukraine in its creation of a strong, socially responsible, and well-regulated gaming industry within its borders.

Athanasios ‘Sakis’ Isaakidis, Chief Executive, International at Merkur Gaming, said: “This is truly an exciting time and a great opportunity. Coming as it does in the current pandemic climate of Covid-19, the news from the Ukraine is inspiring for us and for the entire gaming industry. Historically, difficult times have always also created opportunities and that is clearly the case here. Merkur Gaming is absolutely committed to bringing its huge experience – as both a manufacturer and as a successful operator – to work alongside the authorities in creating a new market opportunity that will create many new jobs, create new wealth and which will be, by law, a socially responsible gaming environment within the Ukraine.

“The overwhelming feeling, the aura as we call it, is already hugely positive and that will increase as actual operations are seen to open up. There are still many challenges to be addressed but we look forward to assisting in the process of those challenges being met. As has been said many times, to make the best result from new opportunities it is necessary to always be in the right place and at the right time. Merkur Gaming is achieving that and will continue to do so in the future as we actively co-operate in making Ukraine’s new gaming future become a resounding success.”

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Compliance Updates

ESA Gaming secures landmark Malta supplier licence

George Miller

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ESA Gaming secures landmark Malta supplier licence
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Innovative games provider ESA Gaming has been granted its supplier licence by the Malta Gaming Authority (MGA) as it looks to grow in regulated markets across the globe.

The MGA licence will allow the supplier to distribute its collection of mobile gaming products, aimed at increasing player engagement and cross-sell across sportsbook and casino players, to an array of new partners.

The supplier’s EasySwipe™ products are lightweight HTML5 mobile-first games that offer added revenue opportunities to sportsbooks and allows users to enjoy the best quality casino games without disrupting the sports betting experience.

ESA Gaming has recently struck several deals with operators and aggregator platforms across a number of markets, expanding the reach of its growing EasySwipe™ portfolio which has been proven extremely popular with players.

The supplier also holds certifications in the Italian and Colombian markets with a strategy to grow its product range internationally through its seamless integration process.

Zorica Smallwood, CEO at ESA Gaming, said: “The accreditation of our products by the MGA marks a very exciting step for us as we look to continue our upward trajectory.

“Being granted our MGA licence is vital for us as we continue to gain partners across a number of jurisdictions, while also allowing us to maintain the highest level of compliance with our products.”

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Africa

SoftSwiss expands to the African continent

George Miller

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SoftSwiss extends its global presence to African region
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SoftSwiss is excited to announce its official expansion into the African continent. As the company continues extending its global presence, this month SoftSwiss received a license for Nigeria. This is another great milestone for SoftSwiss in entering new regulated markets.

Nigeria is the largest country in Africa, with 200 million inhabitants, whilst also being a gambling country with an extremely developed regulation for sports betting and lotteries. Furthermore, it is also one of the most competitive and fast-developing markets in gambling in Africa. The size of the population and exponentially growing internet exposure create the right conditions for online gambling companies to operate in. 

It has to be noted, the African region as a whole is more focused on sports betting rather than online casinos. Now after the official launch of the SoftSwiss Sportsbook, the company is ready to build up its presence in this exciting new region.

Ivan Montik, Founder of SoftSwiss commented on this event: “Entering the Nigerian market marks an exceptional turning point for SoftSwiss, as we’re expanding our global presence to a brand new continent. Nigeria is considered one of the most fast-paced iGaming markets in terms of growth and we cannot wait to begin providing our services there. Nigeria is a great achievement for us and we’re planning on moving even further into other regulated markets” . 

 

About SoftSwiss

SoftSwiss is an international tech brand supplying widely acclaimed, certified software solutions for managing iGaming operations. SoftSwiss holds a number of gaming licenses, providing a “one-stop-shop” white label solution by taking care of all technical, legal, and financial processes on behalf of its customers. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, an affiliate platform, and a recently launched sportsbook platform. In 2013 SoftSwiss was the first in the world to introduce a bitcoin-optimized online casino solution. The company has thus been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming.

 

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