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Pariplay Granted Class II Gaming Licence in Romania

George Miller

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Pariplay Granted Class II Gaming Licence in Romania
Reading Time: 2 minutes

 

Licence enables games provider to distribute hundreds of game titles to the Romanian market through Pariplay FUSION™

 

Pariplay Ltd., a gaming technology company serving iGaming operators, land-based casinos and lotteries, has secured a Class II gaming licence for online game content in Romania. Granted by the Romanian National Gambling Office (ONJN), the licence enables the B2B provider to supply the regulated Romanian market with a diverse portfolio of online casino games via the Pariplay FUSION™ aggregation platform.

Pariplay FUSION™ now grants Romanian operators access to a large, high-profile library of content, which comprises Pariplay’s own portfolio, as well as a large range of third-party suppliers. Featuring exclusive game content from major studios and boutique game developers alike, the platform boasts an array of innovative video slots, scratch cards, instant win titles and more, available for Romanian players to peruse. This includes the hugely successful titles Dragons Of The North, Jack In The Box and Gold’orado.

Further establishing its industry leadership role by extending its market reach, Pariplay’s presence in Europe’s regulated markets has recently seen its services go live in Sweden, Italy and Bulgaria. The revolutionary games supplier is also in the process of expanding into other jurisdictions, including Portugal, Denmark and Switzerland.

Richard Mintz, Commercial and Marketing Director at Pariplay, said: “Acquiring the Romanian gaming licence is another key milestone in Pariplay’s overall growth. With Pariplay FUSION™, which offers a seamless and simple integration, we’re able to equip our partners with edgy products and enhanced features to elevate players’ gaming experiences. We already have several key Romanian operators lined up for our custom-tailored aggregation services.”

About Pariplay Ltd.
Pariplay Limited is a leading provider of Internet Gaming Systems, offering state-of-the-art, in-house developed gaming platforms and Internet games as well as integrated third-party games from leading industry companies. Founded in 2010, our team has over 70 gaming experts with offices in Tel Aviv, Israel, Sofia, Bulgaria, Gibraltar, Isle of Man and India, built to support our customers’ requirements in a dynamic and competitive environment.

The group is licensed and regulated by the Gibraltar Gambling Commission, Malta Gaming Authority, the UK Gambling Commission, and the Connecticut State Government’s Gaming Division. Our Gaming Systems, RNG and all games are certified and tested by the leading testing labs and meet the highest industry standards for online gaming testing and certification.
As a business-to-business provider of games of skill and chance, Pariplay fully understands the importance of responsible gaming and has implemented policies and tools within its systems and games to provide industry-leading entertainment in a socially responsible fashion. The system combines identity verification with age verification and geo-Location services to determine whether an individual meets the minimum age requirement and is playing within a specific territory. Pariplay has implemented multiple responsible gaming tools to meet different regulatory standards and have provided players with a sophisticated self-exclusion tool that offers them an easy way to manage their gaming habits.

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

Michigan Sports Betting Legislation to be Ready by Super Bowl

Niji Narayan

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Michigan Sports Betting Legislation to be Ready by Super Bowl
Photo Source: engadget.com
Reading Time: 1 minute

 

Michigan State Rep. Brandt Iden, R-Kalamazoo, an active force behind the drive to legalize sports betting in the state following the U.S. Supreme Court order, has said he aims to complete the legalities by the Super Bowl. He said: “My goal is to have this up and running by the Super Bowl. Casinos are moving forward because they know it’s going to come to fruition at some point. If we don’t do this, we will continue to lose consumers to other states.”

Thirteen states and the District of Columbia have approved sports betting in their states since the court order. Michigan lawmakers are following suit by resurrecting an old plan.

Even though the bills had widespread support in the Legislature, they were vetoed by former Gov. Rick Snyder, who opposed the expansion of gambling in the state and feared a loss of revenue for the state lottery, from which revenues are funneled to schools.

Iden is hoping for a different outcome with a new governor in office.

The bill calls for an 8% tax on sports betting, which would generate between $8.7 million to $11.2 million in tax revenues. That’s based on a sport betting market in Michigan, both in the casinos and online, of up to $225 million.

The bill comes as the U.S. Supreme Court paved the way for legalized sports betting across the nation last year. The justices ruled that a 25-year-old federal law that has effectively prohibited sports betting outside Nevada is unconstitutional. The ruling set the stage for other states to expand legalized gambling as a source of government revenue.

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UKGC: £1.8m fine for Silverbond Enterprises

George Miller

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UKGC: £1.8m fine for Silverbond Enterprises
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A land-based casino has received a £1.8m fine, an operator licence warning and had additional conditions added to its licence for social responsibility and money laundering failings.

Silverbond Enterprises Limited received the penalties following a Gambling Commission investigation into its Park Lane Club in Mayfair.

Social responsibility failings included not recognising the indicators of potential problem gambling such as a customer displaying violent behaviour which included threatening staff and damaging of property, a customer asking for his winnings to be transferred to his personal bank account to prevent him playing further, and a customer of the casino asking to increase the maximum amount that could be deposited by cheque.

Money laundering failings included the operator’s compliance procedures not detailing how anti-money laundering policies were to be implemented and failing to carry out enhanced due diligence on 61 customers.

Two personal management licence holders at Park Lane Club have also received formal warnings and informed they must improve their record on protecting players and preventing money laundering.

Read the Silverbond Decision Notice here for more information.

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Compliance Updates

Norsk Tipping Issues Warning on Local Polls Betting

Niji Narayan

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Norsk Tipping Issues Warning on Local Polls Betting
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Norsk Tipping, the state-owned gambling operator in Norway, has warned against betting on the results of the country’s local elections. The company argues that it encourages manipulation of the polls.

Following a warning from the country’s gambling regulator Lotteri-og stiftelsestilsynet (Lottstift) regarding press coverage of odds offered by offshore operators, Norsk Tipping stated it would not provide markets on the municipal elections.

Norwegians across the country’s 11 municipalities are going to the polls today (9 November) to elect representatives to the country’s municipal and county councils. These bodies are responsible for education, public transport, health and elderly care and the collection of certain taxes in each jurisdiction.

Norsk Tipping claimed that with due to certain municipalities and counties being sparsely populated, the chance to win money based on certain candidates winning could lead to tactical voting or corruption.

“It would be possible to [offer odds on the elections], but there are many good reasons not to,” the operator’s director of communications Tonje Sagstuen explained. “The most important thing is that if money is at stake on the outcome of local elections, it can affect both the election and its result in a number of ways.

“It could affect how you vote yourself [and] it allows for […] manipulation,” Sagstuen said. “In other words, gambling can affect, directly or indirectly, who gets into power in your municipality.”

 

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