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Compliance Updates

1X2 Network secures Romania licence

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1X2 Network secures Romania licence
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Leading content developer and aggregator continues to deploy regulated market expansion plan with latest certification with additional operators ready and waiting to integrate its games

1X2 Network, the award-winning online casino content provider and aggregator, has been granted its own licence from Romania’s National Gambling Office with a number of operators already lined up to add its games to their lobbies.

The licence means that all casino and sportsbook brands active in the market will be able to offer their players content from the developer’s 1X2gaming and Iron Dog Studio subsidiaries. This includes Megaways™ Jack, 1 Million Megaways™ BC, Blazing 777 and Classic Fruits.

Operators will also be able to leverage 1X2 Network’s pioneering Branded Megaways™ concept, allowing them to quickly and cost-effectively launch Megaways™ slots that incorporate their own branding and logos to deliver a unique and thrilling player experience.

Securing a licence in Romania forms part of 1X2 Network’s wider strategy to provide its content in core regulated markets in Europe and beyond. The provider already holds certifications in UK, Malta, Gibraltar, IOM, Sweden, Spain, Denmark, Italy and Greece.

Christopher Reid, Corporate Manager at 1X2 Network, said: “Securing certifications in key international markets is the driving force behind our growth strategy and that is why we wanted to obtain our own licence in Romania.

“This is a market where we have already gained traction with some of the biggest brands and now that we have been awarded our own permit will be able to grow our client base in the country.

“Our games have proved to be hugely popular with players in Romania thanks to their bold design, authentic sound and thrilling gameplay and we look forward to seeing them land in the lobbies of more casinos and sportsbooks over the coming months.”

Compliance Updates

Smarkets Fined £630,000 for AML and Social Responsibility Failings

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The UK Gambling Commission (UKGC) has handed a £630,000 fine to betting exchange Smarkets after identifying a series of anti-money laundering and social responsibility failings, including letting a player deposit a six-figure sum without appropriate checks.

According to UKGC, Smarkets allowed customers to gamble without carrying out sufficient source-of-funds checks, while the operator was also found to have failed to identify and interact with customers at risk of experiencing harm.

Specific examples published by the Commission included one customer being allowed to deposit £395,000 during a four-month period, without appropriate source of funds checks being carried out by Smarkets.

The Commission also highlighted a case where an individual was able to transfer significant levels of funds between accounts without scrutiny or source-of-funds checks.

Sarah Gardner, Commission Deputy CEO, said: “This case was identified through compliance checks and once again highlights how we will take action against gambling operators who fail their customers.

“Our investigation into Smarkets unearthed a variety of failures where customers were put at risk of gambling harm.

“It was obvious that poor systems and processes were in place which contributed to these breaches, driven by the company’s failure to effectively implement its policies and controls.”

The operator has also received a formal warning and will undergo an audit to ensure it is effectively implementing its anti-money laundering and social responsibility policies, procedures and controls, in line with section 117(1)(b) of the Gambling Act 2005.

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Openbox Gaming offers gateway to Asia

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Openbox Gaming offers gateway to Asia
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New provider will deliver fresh content opportunitues to both operators and suppliers

Openbox Gaming, a fast-growing distributor of iGaming content across Asia and other markets, has been issued an IOM OGRA Software Supplier licence by the Isle of Man Gambling Supervision Commission (GSC).

Having secured the Software Supplier licence, one of the industry’s newest iGaming distributors with a unique USP will be in a position to supply a portfolio of online casino games from a variety of internal and external suppliers, to licensed B2B gaming partners and B2C operators.

Richard Hogg, CEO of Openbox Gaming, commented: “We are excited to be able to continue in our mission to deliver gaming content to regulated jurisdictions worldwide and see this as a major step in achieving those objectives. We selected the Isle of Man Gambling Supervision Commission due to its established and proven reputation and its robust licensing process, which provides the ideal platform for our expansion into regulated markets.”

Tony Ure, Head of eGaming, Digital Isle of Man added: “It is a pleasure to welcome Openbox Gaming to the Island. Ensuring that the Island has a supportive ecosystem for gaming companies to operate their business, whilst maintaining our reputation as a highly regulated jurisdiction that prides itself on player protection is key to continuing the growth of this sector on the Isle of Man. I wish Openbox Gaming every success with their future ventures.”

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Compliance Updates

PopOK Gaming Has Received a Certificate for Georgia

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PopOK Gaming Has Received a Certificate for Georgia
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The innovative iGaming developer and service provider PopOK Gaming is now certified to offer its games in Georgia.

PopOK Gaming now extends its iGaming activities to Georgia as well. This way, local players will have access to our engaging games already loved by many. 18 games, such as Yummy, Lost Treasure, Diamond Flash, 20 Hot Bar, Sultan’s Tale, Los Apaches and others, will bring a breath of fresh air to all players and make their leisure more colourful, tasty and enjoyable.

PopOK Gaming’s local partners will surely get a lot of benefits from this, being able to deliver certified games to their customers. The gain is totally worth it, with the clear potential to drive high traffic to operators’ websites and greatly contribute to their business growth.

Regarding this certificate acquisition PopOK Gaming CEO, Karen Gulkanyan said, “Since iGaming is regulated strictly in Georgia, it’s a huge step forward to deliver our games to the Georgian audience. The path is not easy, yet we are full of hope that our lucrative solutions will immediately appeal to the regional players and increase business revenue for partners, laying the foundation for long-term cooperation”.

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