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Wazdan Receives Swedish Certification, Expanding Their Reach Further Through the Nordics

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Wazdan Receives Swedish Certification, Expanding Their Reach Further Through the Nordics
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Wazdan is thrilled to announce the confirmation of their Swedish certification, enabling them to offer their games through Swedish operators.

Confirmed this month, Wazdan is now fully certified in Sweden and have already enabled their games through their existing Swedish partners, including Kindred, Mr Green, Hero Gaming, and more.

The Swedish Gambling Authority began to accept license applications under a new law, earlier this year, in an effort to liberalise the gambling market and open it up to private actors. Before this, gambling activities were state-owned and had come under criticism from the European Commission for being monopolised. Online, however, under EU law, Swedes had been able to play at online casinos for some time, but finally, in 2018, the government agreed to follow Denmarks lead: quash the monopoly and open up the market. The Swedish Gambling Authority is the authority tasked with ensuring the legality, safety and reliability of the Swedish gaming and gambling market. Their role is to provide consumers with the tools for fair gaming by maintaining a transparent and balanced gaming market, as well as reducing the potentially harmful social effects.

Opening up the market is not just good for game producers, like Wazdan, it is also positive for the players. The main objective under the gambling re-regulation is to create a safer market, with particular focus placed on improving consumer protection, and game security. With this, players will be able to pause their accounts easily, and there will be increased punishments for illegal gambling activities and match-fixing.

Wazdan continues to grow in the regulated markets, with licenses including the MGA, the UKGC, Romania and Curacao. The company is also certified to offer their products in Sweden, Latvia, Lithuania and Estonia. Market expansion comes at a great time for Wazdan and their operator partners, with the company recently announcing a slew of new game title releases, including Lucky Fish, Relic Hunters™ and the Book of Faith, Lucky Reels, Space Spins, Magic Stars 5, Space Gem™, Juicy Reels, and Magic Stars 6, as well as their main game of the year, Larry the Leprechaun.

“We are excited to announce our Swedish certification, which allows us to strengthen our position in the Swedish market and expand the reach of our games through our existing operators. The Swedish certification opens up doors for our team to increase what we offer our partners, and also to develop new relationships with operators to bring Wazdan high-quality games to the Swedish players,” says Andrzej Hyla, Head of Sales at Wazdan.

Keep up to date with the latest Wazdan news at: https://www.wazdan.com

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Compliance Updates

Push Gaming welcomes new Head of Legal

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Push Gaming welcomes new Head of Legal
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B2B gaming supplier Push Gaming is complementing its recent impressive regulated market growth with the hiring of Denisa Assefova as its new Head of Legal to oversee Push Gaming’s legal matters and support the company’s further expansion.

A graduate of the Charles University of Prague and the University of Oslo, Denisa brings with her key industry experience having served as the Head of Legal Affairs at the Betsson Group on the back of over a decade of practising law with a number of international firms.

Her skills in the fields of iGaming, IP, Licensing & E-Commerce and Contract Law will be instrumental in supporting Push’s commercial expansion in an industry where regulated markets continue to evolve and diversify.

The appointment matches Push’s ambition as it continues to enter new markets and expand its global footprint, thanks to its entertainment-first portfolio of quality titles such as recent smash-hit Jammin’ Jars 2Mount Magmas Jackpots, and the upcoming Fat Drac.

Donna Kelly, Director of HR at Push Gaming said: “With great success and rapid global expansion brings the requirement for the right people to manage and cultivate the talent and drive we already have and Denisa brings that in spades.

“It’s of vital importance to us as a company that we adhere to the strict and necessary regulations that are active in all markets we operate in and we’re confident that she will excel in her new role. Welcome to Push Gaming, Denisa!”

Denisa Assefova, Head of Legal at Push Gaming said: “Push Gaming is a great company with fantastic and talented people who are creating remarkable products. I am excited to join Push Gaming at a time of its rapid expansion and look forward to supporting the company in achieving its goals”

Marking its tenth anniversary last October, Push Gaming is building on the growth momentum gained from 2020’s acquisition of an MGA and UKGC-licensed platform and furthering its expansion ambitions across Europe with several new market entries prepared for the coming months.

Established as one of the industry’s most entertaining suppliers, Push Gaming’s content includes the award winning Dinopolis and Jammin’ Jars 2, which are live in the lobbies of leading operators such as Casumo, LeoVegas, Entain, The Rank Group and Norsk Tipping.

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Compliance Updates

Spelinspektionen Suspends Licences of Vivaro and Fair Play Bets

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Swedish Gambling Authority Spelinspektionen has suspended the licences of Vivaro and Fair Play Bets. Vivaro has lost both its online gaming and betting licences, while Fair Play Bets only saw its online gaming licence taken back.

In a statement published on its website, the Swedish Gambling Authority defended its decision by claiming the operators had not begun either activity for which the licences were intended within one year of them coming into force.

Vivaro was granted its licences to provide online commercial gaming and online betting on 3 June 2020, while Fair Play Bets saw its licence awarded almost one month later on July 1.

These licences required both parties to undertake activities related to online gambling, however, Vivaro reported sales amounting to zero Swedish krona from June 2020 to May 2021, while Fair Play similarly reported no sales between July 2020 and June 2021.

This triggered two separate reviews from the regulator, with Vivaro’s beginning on 13 July 2021 and Fair Play’s on August 13.

In its defence, Vivaro stated the Covid-19 pandemic and in particular its effect on the company’s staff in Armenia as reasons for its failure to begin the relevant business operations.

In addition, the company continued, the war with Azerbaijan resulted in over 50 of its employees being sent away to fight. Vivaro also added that for a heavily regulated jurisdiction like Sweden, it is important to spend extra time preparing for launch.

Fair Play’s reasoning differed slightly, stating instead that no gaming operations have been initiated due to a corporate restructuring which required a temporary reduction in costs and labour.

However, neither argument was enough to sway the Swedish gambling watchdog who went ahead with its original decision to revoke both operators’ licences.

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Compliance Updates

Red Rake Gaming obtains its Romanian License

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Red Rake Gaming obtains its Romanian License
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Premium casino content developer Red Rake Gaming is delighted to announce its latest regulated market license for Romania.

The company has been granted a Class II license by the Romanian regulator (ONJN) allowing it to work directly with the country’s regulated operators. Red Rake Gaming made the move due to the demand from its partners in response to the player demand for Red Rake’s top performing game content within the market.

A selection of Red Rake’s top performing games will be made available to Romania licensed operators, including its record breaking Super 15 Stars – the non-stop, action-packed slot which combines feature games and bonus rounds from all its predecessors in the Super series of games and the new game of this series, Super 20 Stars. Additional titles from Red Rake’s diverse portfolio includes Alchemy Ways- giving players a million ways to win, Max Dangerous and the Lost Relics, Tommy Gun’s Vendetta and Flamingo Paradise.  All of which continue to be top performing titles across Red Rake’s network.

Red Rake Gaming plans to launch a wider selection of content in the Romanian market throughout the 2021 period.

Continuous delivery and expansion into regulated markets is at the heart of Red Rake Gaming’s growth strategy. Their latest market entry represents yet another opportunity for the company to further its reach in Romania and follows on from recent market entry in Greece.

Nick Barr, Managing Director for Red Rake Malta, commented: “We are thrilled to have obtained our Class II Romanian license. This recent acquisition is driven by our commitment to our clients to continue to deliver our top performing content to the Romanian players which has always proved to be very popular. The Red Rake Gaming content resonates well with players delivering classic looking slots packed with strong feature and bonus games.”

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