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Compliance Updates

3 Oaks Gaming expands into Georgia after receiving games certification

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Newly-created iGaming distributor continues with its ambitious growth plans

 3 Oaks Gaming, a rapidly evolving iGaming content distributor, has secured official certification to supply its full catalogue of games and supporting promotional tools range in the regulated market of Georgia.

The iGaming distributor’s entry to the market means it can now supply Georgia operators with a variety of its ‘Hold and Win’ style online games, as well as future content that will incorporate Big Time Gaming’s legendary Megaways™ mechanic. These games are likely to resonate with local players, resulting in an improved gaming experience.

The games certification is the latest in a series of progressive business moves by the company to grow its influence and reach within the global iGaming industry. The distributor holds an Isle of Man Software Supplier licence and is targeting commercial opportunities with both B2B gaming partners and B2C operators across regulated markets worldwide.

3 Oaks Gaming was established to distribute new and existing casino content and marketing tools from established high-value studios, which until now were not present in highly competitive regulated markets. The iGaming distributor intends to secure more licences over the coming months, further extending its ambitious expansion strategy.

Sebastian Damian, Managing Director of 3 Oaks Gaming, said: “Georgia is an excellent market to launch our offering in and we look forward to building relationships with the great operators the country has to offer.

“We believe our casino content and marketing tools have the potential to greatly influence the overall iGaming experience. It is a country where online casino entertainment is becoming more prevalent, and we are excited to be bringing our innovative and successful titles to the market.”

Compliance Updates

3 Oaks Gaming granted UKGC licence

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3 Oaks Gaming granted UKGC licence
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iGaming supplier advances growth strategy with key regulatory approval

3 Oaks Gaming, an established distributor of iGaming content, has announced that it has been granted its remote operating licence from the UK Gambling Commission (UKGC).

This prestigious achievement is a monumental landmark for the company who will now be able to distribute its games to licenced operators within the United Kingdom. This milestone not only expands the company’s reach, but also solidifies its position as a provider of choice within the industry.

Operators can anticipate access to a diverse selection of the supplier’s top-performing games, such as 3 Hot Chillies, Coin Volcano, and Sun of Egypt 3 which are currently undergoing certification, ensuring compliance and seamless integration for future partners.

Securing a UK licence represents a pivotal moment in the trajectory of 3 Oaks Gaming, as the provider prepares to announce significant commercial agreements in the coming months. This strategic business development achievement is set to complement the company’s current operations, bolstered by its existing Isle of Man licence.

Sebastian Damian, Managing Director of 3 Oaks Gaming, said: “We are thrilled to have obtained our UKGC licence, an esteemed accreditation within one of the world’s most recognised gambling markets. With this milestone achieved, we are dedicated to delivering high-quality, engaging content to UK-licenced operators.

“Our focus remains on progressing our market position and achieving ambitious growth goals, all while upholding our commitment to promoting responsible gaming.”

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Central Europe

DSWV Calls for Changes as Black Market Betting Rises in 2023

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The German Sports Betting Association (DSWV) has analysed the development of the German sports betting market for 2023 at its annual press conference. The main focus was on tax revenues, the black market and player protection.

Decline in Tax Revenue

In 2023, legal sports betting providers in Germany recorded stakes of €7.72 billion, a decrease of 5.4% compared to the previous year.

“Instead, the money flows into the coffers of the black market providers,” DSWV President Mathias Dahms said.

This development illustrates the challenges facing the legal market. One important reason for the decline is the migration of many players to illegal offerings. For example, since the State Treaty on Gambling came into force in 2021, regulated providers have not been able to keep up with the extensive betting offers of the black market due to a limited betting programme. The association is, therefore, calling for attractive framework conditions for regulated providers so that they remain competitive.

Combating the Black Market

Despite regulation, the black market has a significant market share in Germany. Studies, such as the Schnabl study by DSWV and DOCV, show that around half of the time spent by German online gambling users is spent on illegal sites. This alarming development requires urgent action on the part of the Joint Gambling Authority of the federal states (GGL). The DSWV is, therefore, calling for a reorientation of the current regulatory policy in order to strengthen the legal market and curb the black market.

Promotion of Player Protection

Many interested parties will open betting accounts during the European Football Championship. It is, therefore, all the more important that gamblers are directed to the legal market. Advertising helps to make the brands of legal providers stand out from the illegal offers on the black market. Only companies permitted by the GGL protect players. In the debate on sports betting advertising, the DSWV is, therefore, expressly opposed to a ban on advertising.

“No company can survive if it is not allowed to advertise, and this must remain the case for sports betting providers. Otherwise, players are left with the black market, where there are no protective measures and controls,” Dahms said during the conference.

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Australia

ACMA Blocks More Illegal Gambling Websites

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The Australian Communications and Media Authority (ACMA) has requested the Australian internet service providers (ISPs) to block 12 more illegal gambling websites, after investigations found these services to be operating in breach of the Interactive Gambling Act 2001.

The latest sites blocked are Playzilla, Wazamba, Zet Casino, Slots Palace, Nomini, Casinia, SG Casino, Fez Bet, Buran Casino, Spin Better, Golden Bet and Clash.gg.

Website blocking is one of a range of enforcement options to protect Australians against illegal gambling services. This action can be taken if a service is:

  • providing prohibited interactive gambling services to customers in Australia (such as online casinos, online slot machines and services that allow in-play online sports betting)
  • providing an unlicensed regulated interactive gambling service to customers in Australia (such as online betting services that don’t have a valid Australian licence)
  • publishing ads for prohibited interactive gambling services or unlicensed regulated interactive gambling services in Australia.

Since the ACMA made its first blocking request in November 2019, 926 illegal gambling and affiliate websites have been blocked. Over 220 illegal services have also pulled out of the Australian market since the ACMA started enforcing illegal offshore gambling rules.

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