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Compliance Updates

State Council of Greece Cancels Online Sports Betting Licence of OPAP

Niji Narayan

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OPAP Launches Direct Response Programme
Photo Source: jimmakos.com
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The State Council of Greece has cancelled the online sports betting licence of OPAP. OPAP obtained its licence from the Hellenic Gaming Commission in 2014.

The decision comes after Austrian company GLB GmbH appealed the decision from the gambling commission. It argued that OPAP was never licenced to offer online gambling services and that it did not comply with laws.

The Council said that OPAP should have followed the licensing procedure that the other 24 legitimate online betting companies were subject to. Thus, it said that OPAP’s licence does not apply to online gambling and, therefore, its cancellation was necessary.

“Gambling companies that followed the legal procedures to comply with laws and therefore provide legal online gambling and gambling services, have recourse to the competent courts seeking damages,” the court said.

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Wazdan set for Switzerland entry

George Miller

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Wazdan set for Switzerland entry
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Casino games supplier Wazdan has had 15 of its top-performing games certified for Switzerland as the company prepares to enter the online market.

Included in the market-ready titles are recent hits Choco Reels and Infinity Hero, as well as fan-favourites Black Horse™ Deluxe and 9 Lions, with Wazdan set to launch with a major operator brand in the country later this year.

The slot supplier has already acquired the necessary ISO 27001 information security certification as it continues to prove its commitment to the highest levels of regulatory compliance.

Switzerland will become the latest market to take Wazdan’s expansive global slots offering, with its games currently certified in numerous jurisdictions including the UK, Spain, Sweden, Romania and Portugal.

Andrzej Hyla, Head of Sales at Wazdan, said: “Having our top-performing titles certified for launch in Switzerland ahead of our anticipated market entry is another exciting milestone for Wazdan in what has been a very positive year for the business.

“Our focus on growth in regulated markets has allowed us to thrive and with some exciting news to come within the Swiss market, this is only the start of another thrilling journey for us.”

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Compliance Updates

Yggdrasil granted ISO/IEC 27001 accreditation

George Miller

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Yggdrasil granted ISO 27001 accreditation
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Enables business to further expand into new markets with many jurisdictions using certification as regulatory benchmark

 Yggdrasil, the leading worldwide publisher of online gambling content, has been granted an ISO/IEC 27001 certification, proving its commitment to information security standards.

The international certification is awarded when a set level of information security standards are reached, ensuring best practices in this discipline.

The accreditation enables Yggdrasil to expand into new global markets, with many jurisdictions and World Lottery Association (WLA) members now using the 27001 certification as a regulatory benchmark.

Furthermore, as the supplier’s flagship content creation and distribution program, YG Masters, continues to grow, ensuring Yggdrasil’s approach to data protection and information security is compliant is an important step for the global growth of the business.

Fredrik Elmqvist, CEO at Yggdrasil, said: “Receiving our ISO certification is something we are very proud of and rightfully so. We have been through a rigorous certification process to ensure compliance is held to the highest regard, which is something we pride ourselves on, and we are committed to continuous improvements in security standards.

“It is yet another feather in our cap as we continue to provide dynamic, immersive gaming experiences for players all over the globe, while also ensuring YG Masters continues to grow in a secure environment.”

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Compliance Updates

Authentic Gaming agrees Maxima Compliance partnership

George Miller

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Authentic Gaming agrees Maxima Compliance partnership
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B2B online live casino games specialist Authentic Gaming has agreed a deal which will see Maxima Compliance optimise and streamline the provider’s compliance function.

Authentic Gaming will gain full access to Maxima Compliance’s team of product compliance experts, which will assist Authentic Gaming’s entry into new markets.

Maxima Compliance will oversee and deliver all aspects of product compliance for the full Authentic Gaming offering.

Magdalena Podhorska-Okolow, Chief Commercial Officer at Authentic Gaming, said: “Authentic Gaming is serious about compliance, which is why we have turned to Maxima Compliance.

“As we look to expand into new markets, we require world-class compliance expertise delivered by a team we can trust, and we’ve picked the best on the market to do precisely that.”

Antonio Zanghi, Managing Director at Maxima Compliance, said: “It is an honour that one of live casino’s most recognisable providers has selected Maxima Compliance for such a critical function.

“In the current market, compliance is a key differentiator for suppliers looking to quickly and seamlessly enter new jurisdictions, and the Maxima Compliance team will be working tirelessly to ensure Authentic Gaming retains its edge over the competition.”

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