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Compliance Updates

Swiss Federal Council Grants Licence for Online Casino Luzern

George Miller

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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

Compliance Updates

Caravel Secures Online Betting and Gaming Licences in Portugal

Niji Narayan

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Caravel Secures Online Betting and Gaming Licences in Portugal
Reading Time: < 1 minute

 

Caravel Entertainment has secured two new licences to offer sports betting and games of chances in Portugal.

Approved by the country’s Comissão de Jogos do Turismo de Portugal, the licences will enable Malta-headquartered Caravel to operate its Moosh brand in Portugal. Players in Portugal will soon be able to access both sports betting and games of chance via the Moosh.pt domain.

Caravel Entertainment becomes the twelfth operator to secure gambling licences in Portugal, joining the likes of 888, The Stars Group, Betclic Everest Group and Betano.

Portugal’s national gambling regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal is yet to publish Q3 financial results for the country’s online gaming market.

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Compliance Updates

EveryMatrix withdraws from the white label space in Denmark

George Miller

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EveryMatrix withdraws from the white label space in Denmark
Reading Time: < 1 minute

 

EveryMatrix announces the closing of its white label brands www.casinohouse.dk, www.777.dk, www.victoriamilan.dk and www.jetbull.dk in the Danish market.

The company will continue to provide a fully certified and reliable platform and software solutions to Danish licensed operators.

Although EveryMatrix had a strong bond to its white label business which brought commercial success and ambitious operators on board, in the last years the overall direction of the company shifted towards providing B2B specialised software solutions. EveryMatrix is fully committed to further strengthen its position as a market leader in the B2B space, and it will continue to build and develop in that direction.

 

About EveryMatrix:
EveryMatrix delivers a modular and API driven product suite for casino, sports betting, payments and affiliate/agent management. The company’s B2B iGaming solutions are designed to help clients unleash bold ideas and deliver outstanding player experiences in regulated markets.

To offer the services required by operators, the EveryMatrix products work together as an entire platform or independently. They can be easily integrated with existing platforms to accommodate different types of clients from bookmakers to lotteries and from existing large operations to newcomers.

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Compliance Updates

New Jersey Division of Gaming Enforcement Imposes $150k Fine on Online Gambling Companies

Niji Narayan

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New Jersey Division of Gaming Enforcement Imposes $150k Fine on Online Gambling Companies
Reading Time: < 1 minute

 

New Jersey Division of Gaming Enforcement has imposed a fine of $150k on online gambling companies for failing to comply with regulatory measures as per the licensing terms.

The gambling regulator slapped Scientific Games’ SG Digital division, which operates in New Jersey as NYX Digital Gaming a fine of total $110k for “deploying three games that were not the versions tested and approved,” and regulatory violations.

The William Hill Sports Book in partnership with the Ocean Casino Resort and Tropicana Atlantic City and Monmouth Park Racetrack was fined $26,500. The betting operator allowed 16 “self-excluded patrons to wager online.”

Poker Stars was fined $5000 for failure to “permanently record poker hand history data for 202 patrons for approximately two hours on April 30, the September complaint alleged.”

The gambling regulators were lenient with the operator as PokerStars self-reported the discrepancy.

iGaming Cloud was served an $11,000 fine. The operator had three individual complaints. It was fined $2000 for deploying an unapproved version of a game, $2000 for not furnishing slot tournament data after a system crash and fixing the crash without notifying the gambling regulator and $7000 for allowing players registered in the self-exclusion registry to create online accounts and place bets.

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