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Stakelogic awarded Ukrainian B2B Gaming License

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Stakelogic awarded Ukrainian B2B Gaming License
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Leading slot developer adds to its growing list of licenses following successful application process
 
Following the May launch of a B2B license by the Commission for the Regulation of Gambling and Lotteries in Ukraine (KRAIL), Stakelogic have become one of the first service providers to be approved for a supplier license.

The company’s full suite of games have already gone through the rigorous scrutiny of the Malta Gaming Authority, ONJN in Romania as well as the UK Gambling Commission, and now Ukrainian players will also be able to experience Stakelogic’s collection of video slots. 

Leading titles such as Black Gold 2™ Megaways™ and Giant’s Fortune Megaways™, the collection of Super Stake™ games as well as the recently announced Live Casino offering, featuring Blackjack, Roulette and various gameshows, have all received KRAIL’s stamp of approval for the Ukrainian market.

Stephan van den Oetelaar, CEO at Stakelogic, said: “The Ukrainian market has been on our radar for some time, with leading CIS market experts tipping it to be the territory with greatest potential in the region. We are delighted to announce that the Commission for the Regulation of Gambling and Lotteries in Ukraine (KRAIL) has reviewed our business offering and awarded us one of the first B2B licenses in the country. 

“Our past experiences working with the regulators in other, strict territories such as the UK, ensured we were prepared for all eventualities in Ukraine and we’re pleased to announce that we passed all the requirements laid before us.

“We’re looking forward to working with both the Ukrainian regulator and its licensed operators to bring our hugely popular suite of games, as well as our brand-new Live Casino product, to the players in Ukraine.”

Compliance Updates

Dutch Regulator Imposes €400,000 Fine on TOTO Online

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Toto Online received a €400,000 fine from the gambling regulator in the Netherlands over breaches related to advertising to young adults.

The Kansspelautoriteit made the ruling after finding TOTO Online’s advertising between October 1, 2021 and February 1, 2022 included people aged 18-23 in its reach, with gambling companies in the Netherlands prohibited from targeting that age group.

TOTO Online did not breach the advertising rule after February 1, 2022.

René Jansen, chairman of the KSA, said that the law covering vulnerable groups, including young adults, “must be given extra protection.”

“Gaming providers must fully respect the rules intended to protect vulnerable groups,” he added.

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Compliance Updates

TonyBet expands and preparing to launch in the Netherlands next year

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TonyBet expands and preparing to launch in the Netherlands next year
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The company commented on the news about obtaining a license and announced plans for the next year

The online gambling operator TonyBet has received a license from the Dutch Gaming Authority (KSA) and can start operating in the Netherlands. The global operator now is preparing to launch next year. TonyBet will enter the Dutch market with a modern gambling platform tonybet.nl. Powered by the SoftLabs gaming platform, Tonybet will stand out from the crowd with its fast performance, new design and wide selection of games.

TonyBet offers sports betting services and an online casino and is based in the Netherlands with a local office in Utrecht. Next year, almost all products allowed in the Netherlands will be presented. Meanwhile, TonyBet will pay special attention to the football offers and various entertainment activities, such as the local football league.

«Adding the Dutch gambling license to our growing portfolio of local licenses was an important objective and we are very proud to have achieved it. Although the competition is very high, but still young in the Netherlands, we are sure that there is room for a strong local player with a distinctive approach. We want to accomplish this by not putting the focal point on the product, but also on what can our brand add to the total gambling experience, on- and offline. For now, all focus is on building a team in the Netherlands and assure a successful launch next year» – says Jesse Pas, Country Manager of TonyBet in the Netherlands.

TonyBet aims to become the world’s leading provider of quality sports betting and iGaming entertainment and has already obtained online gaming licenses in several countries: Spain, Portugal, the UK, Ireland, Canada, Latvia, Estonia, and Malta

«TonyBet’s development is focused on Canada, Spain, Portugal, UK and Baltic States. We are very excited to enter promising Dutch market. We are committed to providing players in Netherlands with safe, secure, innovative and exciting online gaming. We will adopt and implement our 12 years of international experience and best practices» – says Victor Troitsin, CEO of TonyBet Group.

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Compliance Updates

SIS awarded ESIC Gold Standards accreditation for Competitive Gaming offering

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SIS awarded ESIC Gold Standards accreditation for Competitive Gaming offering
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Endorsement marks out supplier as only esports betting events provider to officially meet new integrity measures

SIS (Sports Information Services), the leading multi-channel supplier of 24/7 live betting services, has been awarded the Esports Integrity Commission’s (ESIC) Gold Standards, the highest possible accreditation from the industry association.

The award sees SIS become the first esports betting events supplier to meet ESIC’s stringent new criteria, created to set unmatched levels of integrity and safety in the esports betting industry, for its Competitive Gaming portfolio (Esoccer, Ebasketball and CS:GO).

The purpose of the ESIC Gold Standard is to build on its existing principles by setting out a list of standards for tournament organisers, ensuring that events are run to the highest level of integrity and safety for the benefit of all stakeholders.

With stringent integrity measures in place, SIS Competitive Gaming follows best practice outlined by ESIC in addition to strict operational measures in place to ensure that each event is fair.

Each SIS Competitive Gaming head-to-head match, all of which take place from within SIS’ UK-based self-contained studios, is streamed live with experienced casters providing live in-game commentary. The streams take place through a secure platform that is exclusive to licensed operator sites where the age of the audience has been verified and is not available on open streaming services, meaning there is less danger of toxic messaging of the sort that is often carried on unlicensed sites.

All events are overseen by a dedicated ESIC-trained integrity referee and have a real-time link to SIS’ expert trading team, which closely monitors betting activity. Rigorous gamer competitiveness and predictability tracking measures are in place, through supremacy and volatility reporting, with all events taking place in a jurisdiction with well-respected legal and employment rights.

The new ESIC Gold Standards have been created to elevate transparency and impartiality, and required SIS to meet a number of rigorous requirements across the board, including:

  • No communication devices allowed anywhere in the gaming studios
  • Minimum of three employed personnel (independent from gamers) watching every event
  • Controlled fixed game settings to ensure fair and competitive play
  • Employees are fully background checked for criminal records, with references taken
  • Ensure all gamers are of sufficient skills and expertise to compete against other pro gamers.
  • ESIC anti-corruption code to be signed by all staff and gamers

SIS continues to work with ESIC to evolve the Gold Standards to improve Integrity and the visibility of clear tangible rules and standards by which tournament organisers should run events.

Adam Conway, Head of Esports & Competitive Gaming at SIS, said: “We are extremely proud to have received this new accreditation, which shines a light on the very high integrity and safety standards we have always put at the core of our Competitive Gaming offering.

“Our operator partners and their customers appreciate our high levels of integrity, such as visible referees invigilating every game, making us the only esports betting events supplier to do so.”

Ian Smith, Commissioner at Esports Integrity Commission, said: “ESIC’s new Gold Standards set heightened levels of integrity and safety in the Esports industry for the benefit of all stakeholders, and through ongoing assessment of SIS’ Competitive Gaming operations, which meet all the key integrity requirements, we are delighted to award SIS with ESIC’s Gold Standards, our highest possible accreditation”.

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