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Compliance Updates

Lady Luck Games awarded MGA recognition notice to expand global reach for content distribution

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Lady Luck Games awarded MGA recognition notice to expand global reach for content distribution
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LL Lucky Games AB has obtained a Maltese Gaming License (MGA class 2 B2B license) ‘Recognition Notice Certificate’ through its ReelNRG Limited UK license.  This will allow the company to start supplying both Lady Luck Games and ReelNRG content to a host of leading MGA-licensed operators.

The Recognition Notice has the same effect as an authorisation issued to provide a gaming service or gaming supply in or from Malta.

Mads V. Jørgensen, Co-Founder and Chief Executive Officer of LL Lucky Games AB said: “We recently launched the StormRGS platform adding to our UK license so now we can accommodate operators requiring both Malta and the UK at a minimum, which means that we are now able to distribute our games directly to major operators.

This milestone achievement is critical to our growth strategy. The MGA certification is a testament to our commitment to quality and compliance and we look forward to continuing our growth and success in the global gaming industry.”

Lady Luck Game’s product portfolio comprises 60 Lady Luck and ReelNRG games that are already compliant with Malta and other strict regulations in various jurisdictions worldwide.  Their innovative and exciting games have already proven popular with players around the world, and the company is committed to providing an exceptional gaming experience to its customers.

Compliance Updates

Georgia Bans 1.45 Million People from Gambling

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A new decree approved last year has banned well over a million people from participating in gambling in Georgia. The law, which follows the introduction of new online casino restrictions, bans under 25s, public employees, the socially vulnerable and those blacklisted by courts from gambling.

Minister of finance Lasha Khutsishvili said 1.45 million citizens are now banned from gambling, including people who are self-excluding. The new law came into effect this month after being approved by prime minister Irakli Garibashvili last year.

Last month, Garibashvili approved another batch of restrictions to tighten the country’s gambling laws. One of the measures will be to ring-fence online casino licences so they can be held only by land-based casinos based in Georgia.

That would make Adjara Group, Crystalbet and Iveria the only operators that can hold online casino licences. However, in addition, the government plans to offer a licence for exclusive rights to operate online casino for a fee of €1.6m.

Last year, the government presented plans to introduce separate gaming licences for specific verticals so that operators would no longer be able to expand into different verticals with no need for an additional permit. The annual permit fees for each of the business types (online casino, slots and betting) were to be set at €35,580.

All gambling advertising on TV, websites and public places has also been banned, and gambling taxes have been raised. Another batch of measures that are expected to be imposed includes a ban on casinos on ships.

The government says the measures are designed to bring the country in line with the EU expectations as it seeks to enter the bloq, although there is no EU ban on gambling advertising or prohibiting certain people from participating.

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Compliance Updates

Mindway AI Collaborates With the Hellenic Gaming Commission to Ensure Player Protection

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The aim of the cooperation between Mindway AI and the Hellenic Gaming Commission is to enhance player protection in the Greek gambling industry. The two parties seek to elaborate on the risk assessment methodology applied to assess whether a player is about to develop problem gambling behavior.

Mindway AI has signed a memorandum of cooperation with the Hellenic Gaming Commission on issues related to responsible gambling, the protection of players and gambling addiction prevention.

“We are pleased that the Hellenic Gaming Commission has shown us the trust to collaborate with us utilizing our in-depth scientific expertise and potentially our award-winning player protection software built on a unique combination of neuroscience, AI, and human psychologists’ assessments,” the Chief Executive Officer for Mindway AI, Rasmus Kjaergaard, said.

Originally, Mindway AI’s player protection software was developed to be implemented by operators as an early detector of problematic gambling behavior but we have found that it might be used across an entire market as well.

“The idea of using our expertise and maybe our software across a full market gambling jurisdiction in Greece is exciting and innovative. Together with Hellenic Gambling Commission, we intend to co-create the needed adjustments to adapt to the extra requirements that may occur when this new approach can cover a whole market and not solely individual operators,” Kjaergaard said.

Within the framework of their collaboration, the two parties shall evaluate the use of AI software in combination with neuroscientific insights and expert assessments to identify at-risk gambling behavior. The Hellenic Gaming Commission will then seek to take initiatives and proper measures and proceed with interventions, both at the regulatory and supervisory-audit levels, to handle at-risk gambling behavior and minimize the harm related to gambling addiction.

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Central Europe

CT Interactive’s 10 New Games and Hot Luck Jackpot Certified for the Czech Republic

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CT Interactive continues to increase its market share in the Czech Republic. The company was granted with a certificate for a package of 10 more games and the Hot Luck Jackpot.

“We are very excited about our next step in the Czech market which we value very much. We see a lot of potential in this market and this is why we are going to provide to all of the local operators we work with more of our exciting content,” Milena Tsankarska, Business Development EMEA at CT Interactive, said.

The list of certified games consists of the most popular names such as Bavarian Forest, Big Joker, Brilliants on Fire, Dark Woods, Fortune Pig, Fruity Hot, Hot 7 ‘s X2, Mystic Moon, Pick the Pig and The Power of Ankh. The portfolio for the Czech market contains also Hot Luck Jackpot.

“The certified content contains some of our best-selling games and it is ready for launch with the operators,” Ivan Zoumpalov, Business Development Manager at CT Interactive for the Czech Republic market, said.

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