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Compliance Updates

Spin Games Granted Pennsylvania Conditional I-Gaming Manufacturer License

George Miller

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Spin Games Granted Pennsylvania Conditional I-Gaming Manufacturer License
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License Enables Company to Offer its I-Gaming Products to its Existing Pennsylvania Customers

 

Spin Games LLC, a leader in Remote Gaming Server technology and interactive content, announced today that the Pennsylvania Gaming Control Board(PGCB) has granted the Company a Conditional Interactive Gaming Manufacturer license enabling Spin to deploy its proprietary and third-party i-Gaming content built upon the ROC™ Remote Gaming Server (RGS) platform across licensed operator sites within the state. Offering bricks and mortar-based gaming since late 2006, Pennsylvania’s legislature approved a bill allowing online casino gambling in October 2017, with the first online offerings expected to go live on July 15 of this year. The state’s 12 casinos generated a record $309 million in gaming revenue in March 2019, and to date nine operators have applied for licenses to offer i-Gaming products to their players, with three casinos successfully being awarded i-Gaming licenses. Pennsylvania is the fourth US state to legalize online gaming.

“We are delighted to receive our Pennsylvania i-Gaming conditional license,” commented Kent Young, Spin Games’ Chief Executive Officer and Chairman. “This important regulatory approval enables us to provide our existing Pennsylvania customers with our award-winning content immediately when the first online wagers are accepted this summer, and it also represents another key regulatory approval for our Company. As casino operators throughout the Keystone state expand their offerings with interactive online content, we are proud to be able to support their efforts.”

ABOUT SPIN GAMES:
A leader in Remote Gaming Server technology and interactive content, Spin Games specializes in designing and developing world-class gaming content and best-in-class interactive technologies for regulated B2B social and real money gaming markets. Produced in HTML5 format and compatible across desktop and multiple mobile applications, the Spin content portfolio includes a versatile range of proprietary and third-party titles, each featuring a unique and engaging theme enhanced with stellar graphics, sounds and features.

Founded in Reno, Nevada in 2012, Spin Games has content and RGS licensing agreements with numerous top-tier gaming content providers including Konami Gaming, Everi, Incredible Technologies, Grand Vision Gaming and EIBIC. Additional information about Spin Games is available online at www.spingames.net.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Compliance Updates

MGA Cancels the Gaming Licence of ASAP Italia SRL

Niji Narayan

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MGA Cancels the Gaming Licence of ASAP Italia SRL
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The Malta Gaming Authority has cancelled the gaming licence of ASAP Italia SRL. ASAP Italia SRL has thus been directed to proceed with the cancellation process of the authorisation, and to suspend all gaming operations with immediate effect.

In addition, a notice on the Authorised Person’s website is to be displayed informing all players that the Authorisation has been cancelled.

Due to the cancellation of the licence, ASAP Italia SRL is, therefore, not authorised to continue conducting gaming by means of distance communications under an Authority licence.

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Compliance Updates

Global Gaming to Appeal Swedish License Revocation

Niji Narayan

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Global Gaming to Appeal Swedish License Revocation
Reading Time: 1 minute

 

Global Gaming is going to appeal Spelinspektionen’s decision to revoke its license in Sweden.

The Swedish gambling regulator has revoked the license of Global Gaming’s subsidiary SafeEnt Ltd, after conducting a thorough review of its operations in Sweden. The regulator’s review detected “serious deficiencies” in its anti-money laundering, know your customer, and social responsibility policies. The company was also found to have breached Sweden’s rules for bonus offers.

Tobias Fagerlund, the acting CEO of Global Gaming 555 AB, said that Spelinspektionen’s decision was odd as his company and its legal advisers were under impression that all obligations it had as a licensee were complied with.

The gaming authority said in a statement that SafeEnt lacked effective anti-money laundering and terrorist financing tools and that the review conducted showed “serious and systematic shortcomings” in the operator’s risk assessment and KYC.

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Australia

Have Your Say On NSW Gaming Machine And Casino Regulations

George Miller

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Have Your Say On NSW Gaming Machine And Casino Regulations
Photo Source: abc.net.au
Reading Time: 1 minute

 

The NSW Government is inviting community and industry feedback on a number of minor administrative changes being proposed as part of a mandatory remake of the Gaming Machines Regulation 2010 and Casino Control Regulation 2009, which are due to expire on 1 September.

The proposals seek to align the regulations with modern practice by updating descriptions of compliance processes and general terminology.

There are also plans to update harm minimisation measures to help prevent and reduce gambling harms.

Casinos and venues with gaming machines need clear and effective regulations to ensure they operate with the highest standards of integrity and compliance, and practise responsible conduct of gambling.

The proposed regulations and Regulatory Impact Statements explaining their effects, costs and benefits are available on the Liquor & Gaming NSW website.

Feedback is welcome and will be considered before the proposed regulations are finalised.

Submissions close on Wednesday 17 July.  To find out more about the proposed regulations and how to submit your feedback, visit https://www.liquorandgaming.nsw.gov.au/community-and-stakeholders/have-your-say/community-consultations/current-consultations

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