Connect with us
SoftSwiss
Playson

Compliance Updates

Relax Gaming Gibraltar Ltd secures coveted UKGC licence

George Miller

Published

on

Relax Gaming Gibraltar Ltd secures coveted UKGC licence
Reading Time: 2 minutes

 

Relax Gaming, the igaming aggregator and supplier of unique content, has seen its Gibraltar company, Relax Gaming Gibraltar Ltd, approved by the UK Gambling Commission, signalling further growth opportunities in one of the world’s strongest markets.

The approval will see Relax’s roster of quality casino games made available to UK operators through its Gibraltar arm. Another milestone in the company’s impressive recent growth, Relax has already successfully transferred operator partners Boylesports, 32Red and BetVictor onto its Gibraltar network, with Entain’s UK brands, including Ladbrokes and Coral, amongst the next to follow suit.

The new licence is the company latest, following its approval from the Gibraltar licensing authority and in parallel of the group other companies licences with the Malta  Gaming  Authority, the United Kingdom Gambling Commission and the Romanian National Gaming Office, multiplying the points of supply for the regulated markets.

The expansion further into the UK comes as Relax continues to strengthen its position in regulated markets including the Nordics, another key market renowned for its discerning player-base. Its performance there was recognised earlier this year with an EGR Nordics Casino Content Supplier award, further highlighting Relax’s status as an in-demand provider in regulated territories.

Commenting on the acquisition of the UKGC licence, Tommi Maijala, Relax Gaming CEO, said:

“Following a fruitful relationship with the UKGC through our Malta-based company, having all our products and services approved for our Gibraltar branch is another major commercial highlight for us. Its significance will be felt across the business, including by our valued third-party partners.

“This licence acquisition represents fresh opportunity in our drive to deliver excellence and growth across all regulated markets.”

Relax Gaming has an established reputation as one of the industry’s leading B2B suppliers, providing its partners with an award-winning portfolio of more than 2000 online casino games.

As well as featuring headline slots from its in-house studios, Relax Gaming also offers a vast collection of content aggregated through its Silver Bullet and Powered By Relax partnership programmes.

Compliance Updates

EGBA Expresses Concerns over Italy’s New Proposals for Online Gambling Licensing

Niji Narayan

Published

on

EGBA Expresses Concerns over Italy’s New Proposals for Online Gambling Licensing
Reading Time: 2 minutes

 

The Italian authorities are currently working on a new tender for online gambling concessions which will limit the number of online gambling licensees in the country to 40 and increase online licensing fees to at least €2.5 million from 2023.

Now, the EGBA has contacted the Italian gambling authority to share its concerns and reminded the authority of its duty to notify its proposal to the European Commission. Notification enables the Commission to scrutinise and determine whether proposed national laws are in full compliance with EU law.

“We have asked the Italian authorities to duly notify the draft legislation to the European Commission. Notification is required by European law, and failure to do so will render the law inapplicable to Italian-licensed companies and its citizens. The Commission’s careful scrutiny of this proposal is needed, also to make sure that the draft legislation will not be contrary to the consumer protection objectives of the Italian online gambling legislation”  Maarten Haijer, Secretary-General of EGBA, said.

The tender proposal would reduce the country’s current limit of 120 online gambling licensees to 40, a significant reduction by two-thirds, and seeks to increase licensing fees to at least €2.5 million, 10 times larger than the country’s previous licensing fees. Licensing fees would also be determined through an auction process rather than through a fixed licensing fee like in other European countries. The proposal would take effect from 1 January 2023, at the end of the current licensing term, and apply for 9 years.

This could potentially, EGBA believes, weaken the viability of the country’s regulated and licensed online gambling market, in favour of unlicensed operators who can easily be found online by players in Italy.

If the new tender would enter into force unchanged, it could become much more attractive for players in Italy to look for and play with unregulated operators, who would have much better offers and betting odds because they will not have to pay these fees or taxes. Those players would no longer be protected by Italian consumer protection and gambling legislation, which would be contrary to the stated objective of the regulated online gambling market in Italy.

Source

Continue Reading

Compliance Updates

EveryMatrix gains ISO 20000 certification

George Miller

Published

on

EveryMatrix gains ISO 20000 certification
Reading Time: < 1 minute

 

EveryMatrix has successfully obtained the ISO 20000 certification following almost a year-long process of reviewing its internal service management system, procedures and frameworks. IS0 20000 is an international quality standard that reiterates EveryMatrix’s commitment to the best IT services in place, which are regularly monitored, tested, and enhanced over time.

Designed by the International Organisation for Standardization (ISO) and International Electrotechnical Commission (IEC), the 20000 standard enables technology companies to align their  management processes with the international best practices, and to implement a consistent and reliable system that can deliver cost efficiency and build resilience.

Stian Hornsletten, Chief Commercial Officer at EveryMatrix, says: “We have been undertaking in-depth internal audits to make sure our way of working is delivering the best outcome for our clients. Achieving the ISO 20000 standard shows the level of maturity reached by our organisation and the responsibility we place on the work we do for our clients worldwide.

“We place customer’s satisfaction and confidence in our ability to deliver a world-class software solution at the top of our priority list. Being a reliable partner is not only necessary, but it sits at the core of our day-to-day operations.”

EveryMatrix also holds an ISO 27001 certification for data security and is compliant with Europe’s General Data Protection Regulation (GDPR).

EveryMatrix is a reputable software provider to the iGaming industry, holding B2B gambling licenses in Malta, the United Kingdom, and Romania and acts as a certified software provider to licensed operators in over 15 countries in Europe and Latin America.

Continue Reading

Compliance Updates

DCMS Approves Gambling Licence Fee Hikes from October 1

Niji Narayan

Published

on

DCMS Approves Gambling Licence Fee Hikes from October 1
Reading Time: < 1 minute

 

The UK’s Department for Digital, Culture, Media and Sport (DCMS) has published its response to an industry consultation into the funding of the British Gambling Commission, approving measures to increase licensing fees for operators and suppliers in Great Britain.

The consultation proposed an uplift in licensing fees, including an increase of 55% to annual remote operating license fees from October 1.

All new licence applications will face an increased cost of 60% under the proposal, while further steps to simplify the fees system such as a removal of the annual fee discount for combined land-based and online licences, were also proposed.

Non-remote operating licences are due to increase by 15%, however, the implementation of this increase will be delayed until 1 April 2022 due to losses suffered by the land-based industry as a result of the Covid-19 pandemic.

The consultation response states that the government intends to proceed with implementing all of the proposals as outlined in the original consultation document, with two minor amendments to fee regulations to be made.

The response describes these amendments as a provision to be made for no variation fee to be charged in certain circumstances in order to ensure fees regulations are consistent with UK GDPR, and an increase in the Single Machine Permit fee from £25 to £40.

The Gambling Commission published its response to the findings, stating that “we welcome this DCMS consultation response as it ensures much needed changes to our fee income that will enable us to continue to regulate effectively.”

Continue Reading
Advertisement
NSoft
Advertisement
EvoPlay
Advertisement
Kasyno Online na HEX Polska

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.