Connect with us
SIS

Compliance Updates

Swiss Federal Council Grants Licence for Online Casino Luzern

George Miller

Published

on

Swiss Federal Council Grants Licence for Online Casino Luzern
Photo Source: luzern.com
Reading Time: 2 minutes

 

This summer, Grand Casino Luzern is going online. The Swiss Federal Council has given the green light, issuing the licence for the Online Casino Luzern. With mycasino, the classic casino experience meets the new online world in a unique way. The online casino from Lucerne offers Switzerland an attractive experience with high protection for players.

 

The new Gambling Act has legalised online gambling in Switzerland. It enables responsible Swiss casinos to establish and operate their own online casinos. In recent years, Grand Casino Luzern has been preparing intensively for its entry into the online business with its dedicated brand, mycasino.ch. It stands for innovative, safe gambling from Switzerland, for Switzerland.

Online casino for all of Switzerland

The positive decision of the Federal Council was met with huge excitement in Lucerne. According to Casino CEO Wolfgang Bliem, ‘Grand Casino Luzern is one of the first to receive a licence for a Swiss online casino from the Federal Council. We see the online casino market as an additional and important sales channel for the casino, the core business of our company.’

Safe gambling, responsible support for players and reliable handling of data are key pillars of Grand Casino Luzern’s online strategy. The casino has been certified in accordance with the strict standard ISO 27001 for its information security. Grand Casino Luzern has already been held the [email protected] certificate for data protection for ten years.

Future vision: a virtual seat at the roulette table in Lucerne

The online casino mycasino.ch offers a varied, international range of games that are easy to access and tailored to the requirements of Swiss customers. The international range of slot games leaves nothing to be desired. For table games there is a very special innovation in the planning stage – once we receive an operational licence we aim to bring together the casino and the online world in the form of a live roulette table. The game will be transmitted via live stream from Grand Casino Luzern to mycasino.ch. That means you can play live in the casino in the usual way, or online. We have already reserved a place for this new highlight in the prestigious casino building on the Lucerne lake promenade.

CEO Wolfgang Bliem emphasises the close connection between mycasino.ch and players. ‘We want to offer our customers in Switzerland a unique, fair and safe gambling experience. We set high standards for our range of games. All our online games are certified. As a licensed Swiss online casino we guarantee fair conditions and instant payouts for big wins. And we have our nationwide customer service on hand here as well.’

The Grand Casino Luzern Group is an independent Swiss company. Its company Kursaal-Casino AG Luzern has a broad shareholder base with strong links to central Switzerland. The largest single shareholder is the City of Lucerne, which holds an 11% stake.

 

Source: Grand Casino Luzern AG

Advertisement

Compliance Updates

CT Gaming Interactive Secures Spanish Licence

Niji Narayan

Published

on

CT Gaming Interactive Secures Spanish Licence
Reading Time: < 1 minute

 

CT Gaming Interactive has received the licence to provide its online content in the Spanish regulated market. The company’s online casino games will be soon live and available in Spain.

The news comes after CT Gaming’s recent certification for the Italian market, cementing the developer’s presence in the European online gaming market.

“Following our successful licencing process in Spain we are ready to launch our content for the market. We are confident that the players will enjoy the unique experience our games offer. This is an important step for CT Gaming Interactive and the next milestone in our growth strategy to expand on regulated markets,” Lachezar Petrov, General Manager of CT Gaming Interactive, said.

“We are excited to start offering our content to the Spanish market. We are in the final stages of negotiating with the biggest platform in the country that will avail operators to have our well known and preferred by players games,” Lachezar Petrov added.

Continue Reading

Compliance Updates

EU Report Suggests Consumer Protection Approach to Tackle Loot Boxes

Niji Narayan

Published

on

EU Report Suggests Consumer Protection Approach to Tackle Loot Boxes
Reading Time: < 1 minute

 

A report commissioned by the EU Internal Market and Consumer Protection Committee has recently come to the conclusion that the EU should stop approaching loot boxes as a gambling issue and treat the practice as a consumer protection issue.

The report concludes that while the problematic practice can be dangerous due to the way that it can prey on obsession and addiction, especially in younger players, gambling can only be regulated on a country to country basis. This would leave the rule of law for loot boxes and gambling in gaming fragmented among the Member States that make up the EU as each country will be allowed to create there rules separate from the others.

“Since gambling is a national competence of the Member States, approaching the issue from this angle may lead to a fragmented market for video games within the EU… It is therefore recommended to tackle problematic game designs from a wider consumer protection perspective,” the report said.

As a result of this report, the recommendation has been made that loot boxes and problematic game designs be treated as a consumer protection issues, which the EU has the power to set standards for across all Member States. This conclusion comes from the risks that loot boxes can pose to vulnerable and younger players who either may build addictive behaviours, or not understand the true values of their purchases.

Continue Reading

Compliance Updates

Gaming Innovation Group receives CSIE license in New Jersey, USA

George Miller

Published

on

Gaming Innovation Group receives CSIE license in New Jersey, USA
Reading Time: < 1 minute

 

Gaming Innovation Group (GiG) is pleased to announce its subsidiary, iGaming Cloud Inc., has today been granted a permanent casino service industry enterprise license (CSIE) from the Division of Gaming Enforcement (DGE) in New Jersey, USA. The application was filed back in June 2018, and GiG has supported Hard Rock International’s casino operations in New Jersey under a so-called transactional waiver pending the final approval.

The license is granted for five years and gives GiG a permanent license to provide its real-money online casino platform solution to operators in the state of New Jersey.

Richard Brown, CEO of GiG says: “We are delighted to receive the CSIE license after a long and comprehensive process. This is a great achievement for GiG and gives us a solid confirmation that our platform, procedures and operations are meeting the highest standards out there.”

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.