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Compliance Updates

Wazdan gains Greek licence

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Wazdan gains Greek licence
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Wazdan, the leading global slot supplier, has received its Manufacturer A1 Suitability licence from the Hellenic Gaming Commission (HGC), marking its 16th certified jurisdiction.

The accreditation will see many of the supplier’s top-performing products hit the Greek market, headlined by Hold the Jackpot titles, the exciting Power of Gods™ series, including Power of Gods™: the Pantheon, and top-performing titles 9 Lions and Larry the Leprechaun.

The Greek market’s new regulation kicked in on 1st August, as suppliers look to enter one of Europe’s most coveted regulated markets.

The Hellenic Gaming Commission opened the licensing process in Greece in October 2020 after the Greek parliament passed a new gambling reform bill in 2019. The online gambling reforms were part of a wider package, called Invest in Greece, that included legislation intended to streamline environmental and planning regulations. The regulated iGaming market in Greece is officially open from August 2021.

Wazdan continues to expand its collection of regulated markets, with Greece following New Jersey and Belarus as new market entries in recent months. On September 8th, Wazdan will release another Greek-themed hit, Power of Gods™: Hades.

Andrzej Hyla, Head of Sales at Wazdan, said: “We are delighted to receive our Greek licence as we continue to focus on our expansion in regulated markets.

“We’re very proud to receive our 16th independent market certification, and we are very eager to see how our games are received in this exciting market.”

Compliance Updates

Lady Luck Games awarded multiple market certification

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Games from Swedish slots specialist Lady Luck Games have been certified in five of Europe’s most important regulated markets.

Players favourites like Valhöll: Hall of the Slain, Valley of the Muses and Alchemister will join new release Rooftop Fight on the roster of online casinos in Sweden, Denmark, Germany, Italy and the Netherlands.

The certification, via iTech Labs, will now allow their high-quality artwork and engaging maths models to be enjoyed by millions of new customers at some of the industry’s leading operators.

Lady Luck Games co-founder and CEO Mads Jorgensen said the regulatory approval would provide a significant commercial boost to the studio in its quest for international expansion.

He added: “We are very confident that our games portfolio has universal appeal and having this certification is an important step in proving that. Access to market is hugely important for any company in any industry and we now have a real opportunity to take great strides as a business.”

Lady Luck Games recent acquired fellow provider Spigo ApS’s operations in Denmark, including the studio’s casino games, eight customer integrations and Spigo Station, the supplier’s Denmark-certified platform.

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Compliance Updates

UKGC Receives Four Applications for National Lottery Licence

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The UK Gambling Commission (UKGC) has received four final applications for the Fourth National Lottery licence competition.

The competition for the fourth licence was launched in August 2020 and now moves into the final stage with four applicants submitting their applications for final evaluation. This is the highest number of final applications received since the first licence was awarded in 1994.

“We are delighted by the final number of applications we have received, which is unprecedented since the start of the National Lottery. The Commission will now evaluate these applications in a clear and robust process. Our job is to run the best competition we possibly can – one that is open and fair and results in the best outcome for players and good causes. We look forward to appointing a licensee that will build on the National Lottery’s legacy and maximise the opportunities for innovation and creativity whilst protecting the special status of the National Lottery,” Fourth National Lottery Licence Competition (4NLC) executive director John Tanner said.

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Compliance Updates

MGA | Updates to the Gaming Authorisations and Compliance Directive & Key Function Eligibility Criteria Policy

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MGA | Updates to the Gaming Authorisations and Compliance Directive & Key Function Eligibility Criteria Policy
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The Malta Gaming Authority is hereby publishing a series of amendments to the Gaming Authorisations and Compliance Directive (Directive 3 of 2018). The amendments mainly relate to the following:

  • The overall number of key function roles and their underlying responsibilities;
  • The deadlines by when certain key function requirements are to be observed;
  • The persons who shall shoulder responsibility in the absence of duly appointed key function holders;
  • The manner and form in which declarations and assurances are to be made by auditors on behalf of licensees during submission of audited financial statements; and
  • The applicability of suspicious betting reporting requirements.

These amendments are being published together with a Policy on the Eligibility and Ongoing Competency Criteria for Key Persons. This Policy is intended to revise and collate the existing eligibility criteria while also introducing authorisation renewal requirements related to continuous professional development for existing key persons. Moreover, the Policy clarifies the MGA’s position regarding the compatibility of key function roles with each other in light of the amendments to the Directive.

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