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Compliance Updates

Wazdan set on global expansion as they enter 2020 with multiple licenses

George Miller

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Wazdan set on global expansion as they enter 2020 with multiple licenses
Wazdan set their sights on worldwide expansion as they tally up their licenses and certifications, and strategise on what’s next for their international customer base.
Following on from a significant year of international expansion, the innovative slot game producer is looking to the year ahead with big ambitions on how to please their global audience of players and operators.
As of today, Wazdan games have been licensed by the Malta Gaming Authority, the UK Gambling Commission, Curacao eGaming and Romanian National Gambling Office ONJN. Not to mention, being certified and able to offer their products in Sweden, Denmark, Portugal, Spain, Estonia, Lithuania, and Latvia.
With these new licenses and certifications, Wazdan have been able to further cement their place as a leading slot producer on a global scale, where brands across the world have clamoured to offer their games, and players have got to enjoy a taste of the tailorable games unique to the Wazdan brand.
This has, of course, come as a result of hard work from the team at Wazdan. The operation of the casino software developer in these countries aids in their expansion strategy into key controlled markets around the world, such as Mexico and Sweden.
2019 saw the entry of Wazdan into the Swedish market through partners Kindred, Mr Green, Hero Gaming, and others, as well as into Mexico via their partnership with Logrand.
Looking at the year ahead, Wazdan continues to hold ambitious plans. More games, more licenses and more happy customers, being the top three focusses for 2020.
Be sure to visit the team at ICE London on stand S8-202 between the 4th to 6th of February to discuss what 2020 has in store, and to discover brand new games, including Black Horse Deluxe™, Sonic Reels, and Sic Bo Dragons.
“2020 is officially in full swing, and we could not be more excited and energised to push forward into the year ahead. We closed off 2019 with our games reaching an audience wider than ever before, and we intend to spend 2020 reaching further, both in terms of international expansion and in what we can do to delight players and operators through our games. Visit us on stand S8-202 at ICE London for an enthusiastic conversation about all things gaming and innovation.” Andrzej Hyla, Head of Sales at Wazdan.
 

Compliance Updates

Gibraltar’s GLA Suspends Operating Licence of Addison Global

Niji Narayan

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Gibraltar’s GLA Suspends Operating Licence of Addison Global
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Gibraltar’s Gambling Licensing Authority (GLA) has suspended the operating licence of Addison Global, which operates under the brand name MoPlay.

The move follows advice from the Gambling Commissioner, who according to a Government press statement, has been working with company executives on restructuring proposals put forward by the shareholder of the company, who gave assurances that the intention was to support the business and its further development at all times.

A government statement concluded that these proposals, which included honouring all outstanding liabilities, did not materialise and the Gambling Commissioner was no longer able to accept that the firm is able to meet its licensing conditions.

The Government said the move to suspend the relevant licences has been made to protect consumers from any further detriment. The statement adds the Directors will have to address the solvency issues.

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Compliance Updates

EGBA Proposes Changes for German iGaming Market

Niji Narayan

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EGBA Proposes Changes for German iGaming Market
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The European Gaming and Betting Association (EGBA) has outlined several recommendations aimed at improving the proposals for a Third State Treaty on gambling.

EGBA welcomes the progress towards developing a new online gambling regulation but warns that the draft treaty proposals are inconsistent, overly restrictive in the context of current consumer demand and jeopardise the task of developing a fully functioning online gambling market in Germany.

“A new online gambling regulation is badly needed in Germany, but these new proposals could make the current regulatory dysfunction even worse. An attractive product offer is absolutely essential to achieving a safe and well-channelled gambling environment – but the proposed restrictions would prevent this,” Maarten Haijer, Secretary-General of EGBA, said.

Given the importance of channelling, consumer choice and the “shop-around” nature of online betting, EGBA is concerned that the restrictions proposed in the new state treaty will undermine the success of the future online gambling regulation. Specifically, the cumulative effect of the current product restrictions and the comprehensively restricted access to online casino games, which has been part of the European Commission’s repeated criticism of Germany’s gambling regulations.

To ensure this new regulation is a success, EGBA makes the following recommendations:

  • Online casino: A full product range is essential to support effective channelling; there should be no opt-out for the Länder when it comes to the regulation of casino games.
  • Bet types: Extensive restrictions should be avoided when defining permissible bet types. Any restrictions on live betting would undermine the objective of channelling consumers.
  • Deposit limits: A mandatory cross-provider deposit limit of EUR 1000 will be difficult to implement on a technical level and raises concerns about data protection. A recent study found that the setting of voluntary deposit limits is effective and gamblers who set their own deposit limits would spend significantly less money, compared to players who had not.
  • Player account activity: The proposed waiting times for switching between products and operators are not justified and will undermine channelling because they ignore the “shop-around” nature of online betting behaviour and the nature of price and odds comparisons.
  • Regulatory authority: EGBA welcomes the proposal to set up a central competent regulatory authority but has concerns about how long it will take to set up and how this could affect licensing decisions.
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Compliance Updates

Betway Secures Portuguese Licence

Niji Narayan

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Betway Secures Portuguese Licence
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Betway has secured a licence from the Comissao de Jogos do Turismo (SRJI) to operate B2C online casino and betting services in Portugal.

The government agency which leads licencing initiatives for Portugal’s gambling marketplace, sanctioned by the nation’s Tourism Board has granted online gambling rights to Betway’s Malta operating subsidiary GM Gaming Ltd.

Portugal becomes Betway’s ninth European regulated marketplace, in which the operator maintains operating licences within the UK, Italy, Belgium, Sweden, Spain, Germany, Ireland and Denmark.

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