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Compliance Updates

Red Rake Gaming obtains its Romanian License

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Red Rake Gaming obtains its Romanian License
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Premium casino content developer Red Rake Gaming is delighted to announce its latest regulated market license for Romania.

The company has been granted a Class II license by the Romanian regulator (ONJN) allowing it to work directly with the country’s regulated operators. Red Rake Gaming made the move due to the demand from its partners in response to the player demand for Red Rake’s top performing game content within the market.

A selection of Red Rake’s top performing games will be made available to Romania licensed operators, including its record breaking Super 15 Stars – the non-stop, action-packed slot which combines feature games and bonus rounds from all its predecessors in the Super series of games and the new game of this series, Super 20 Stars. Additional titles from Red Rake’s diverse portfolio includes Alchemy Ways- giving players a million ways to win, Max Dangerous and the Lost Relics, Tommy Gun’s Vendetta and Flamingo Paradise.  All of which continue to be top performing titles across Red Rake’s network.

Red Rake Gaming plans to launch a wider selection of content in the Romanian market throughout the 2021 period.

Continuous delivery and expansion into regulated markets is at the heart of Red Rake Gaming’s growth strategy. Their latest market entry represents yet another opportunity for the company to further its reach in Romania and follows on from recent market entry in Greece.

Nick Barr, Managing Director for Red Rake Malta, commented: “We are thrilled to have obtained our Class II Romanian license. This recent acquisition is driven by our commitment to our clients to continue to deliver our top performing content to the Romanian players which has always proved to be very popular. The Red Rake Gaming content resonates well with players delivering classic looking slots packed with strong feature and bonus games.”

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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