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Compliance Updates

Solverde Group Secures Online Sports Betting Licence in Portugal

Niji Narayan

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Solverde Group Secures Online Sports Betting Licence in Portugal
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Solverde Group has secured online sports betting licence in Portugal. The new licence will enable Solverde to accept online sports bets through its Solverde.pt website.

Solverde, which operates five land-based casinos across Portugal, also holds an online casino licence in the country, offering a range of casino-style games via Casinosolverde.pt.

The new licence comes after the national regulator Serviço de Regulação e Inspeção de Jogos (SRIJ) last month revealed that online gambling revenue drastically increased under lockdown.

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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Compliance Updates

Ukrainian Cabinet Elects Ivan Rudyi as Chairman of Gambling Regulation Commission

Niji Narayan

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Ukrainian Cabinet Elects Ivan Rudyi as Chairman of Gambling Regulation Commission
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Ukraine’s Cabinet of Ministers has elected Ivan Rudyi as the Chairman of the Commission on the Regulation of Gambling and Lotteries. Oleg Nemchynov, Minister of the Cabinet of Ministers, announced this at a briefing.

“Today, in addition to the next government meeting, we also had an extraordinary one, at which we considered several personnel issues. One of them was the announcement of preliminary results of selection for the post of the chairman and members of the Commission on the Regulation of Gambling and Lotteries. Based on the results of this meeting, (candidates) were recommended out of 378 persons who submitted their CVs and applications, and out of 42 persons who were admitted. In particular, 20 persons were submitted to the post of the head of the commission, 32 persons were submitted to the members of the commission,” he said.

Nemchynov stressed that it was recommended to appoint Ivan Tarasovych Rudyi to the post of the head, and Olena Vodolashko and Yevhen Hetman to the posts of two commission members.

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