Compliance Updates
Swedish regulator gives Stakelogic its seal of approval
Provider’s slots and live dealer titles given the green light by the Swedish Gambling Authority ahead of expected change to regulations
Stakelogic is among the first suppliers to secure a licence from the Swedish regulator, Spelinspektionen, allowing it to continue to offer its classic and video slots to operators in the market.
The provider’s live dealer subsidiary, Stakelogic Live, has also been given the green light by the Swedish Gaming Authority to continue to serve operators in the market.
Stakelogic is among the first suppliers to be granted a permit ahead of the expected change to regulations set to come into force later this year that will require all providers to have been approved by Spelinspektionen.
This means that operators will be able to offer their players Stakelogic’s full suite of classic slots that have been designed to stir a sense of nostalgia while still getting player pulses racing with plenty of big win potential.
These games are all about the instantly recognisable fruit symbols such as oranges, grapes, melons and cherries, as well as the BARs, Bells and 7s, that land on the reels. This is combined with Wilds, Multipliers and even Free Spins.
Popular Stakelogic classic slots available to operators in Sweden include Multi6Player, Big Runner Deluxe and Multi4Player.
In addition, the provider’s full portfolio of explosive video slots is also available to operators in the market. This includes Cash Express, Wild Buzz, El Cowboy Megaways, Devil’s Trap, Diamond Staxx MultipaysTM and the just-launched Spartans Vs Zombies Multipays and Greedy Fox.
Stakelogic Live’s premium live content has also been approved, allowing operators to offer their players the most authentic, interactive and engaging experiences in the market. Games cover American Blackjack, European Roulette and Live Game shows such as the newly released Runner Runner Roulette 5000X.
Both its slots and live dealer titles come hooked up to innovations such as Super Stake. This allows players to double their bet to increase the chance of a bonus triggering and insane win combinations landing.
Stephan van den Oetelaar, CEO at Stakelogic, said: “Sweden is an important market for us, and we are thrilled to be among the first to secure a supplier licence for both Stakelogic and Stakelogic Live.
Our games have really hit the mark with players in Sweden, and securing approval from the regulator means that we can continue to offer our slots and live content to operators and their players once the expected regulatory change comes into force.
We are super focused on regulated markets, so securing this approval has been a priority for us and we are delighted to be among the first round of providers to have been given the green light by the regulator.”
Australia
Venues Warned to Play by the Rules on ANZAC Day
Liquor & Gaming NSW is urging licensed venues across the state to plan ahead and have proper measures in place to ensure safe and responsible ANZAC Day commemorations.
Pubs and clubs can face additional challenges on April 25 that come with managing larger than normal crowds and the playing of two-up.
Two-up was a popular game among World War I veterans and, while illegal as an unregulated form of gambling most of the year, is legally played every ANZAC Day, Remembrance Day and Victory in the Pacific Day in their memory.
Liquor & Gaming NSW Executive Director Regulatory Operations, Jane Lin, said inspectors would carry out checks of licensed premises in Sydney and regional areas on ANZAC Day to ensure compliance with the state’s liquor and gaming laws.
“Two-up is a great Australian tradition and a way for people to come together at pubs and clubs to enjoy the ANZAC spirit,” Lin said. “While venues do not need a permit to host two-up, they are encouraged to fully understand and observe the traditional rules of the coin-tossing game.
“Licensed venues are reminded to properly manage potential risks linked to larger crowds, increased rates of intoxication, gambling disputes, extended high volume trading and special ANZAC Day liquor promotions.”
Venues’ advertising and promotions must align with liquor promotion guidelines.
More information about ANZAC Day in New South Wales is available at https:/ /www.NSM.gov. au/about-nsw/anzac-day-nsw. Two-up rules can be found at https:/ /www.LiquorAndGaming.nsw. gov. au/__data/assets/pdf_file/0007/858562/fs3098-two-up-factsheet. pdf.
Compliance Updates
Boldplay Awarded UKGC Licence
Boldplay, the renowned provider of premium casino games, has been awarded a remote operating licence from the UK Gambling Commission, to sit alongside their existing licenses in Gibraltar, Malta, Romania, Argentina, and Peru.
This latest development marks a significant step for the company and further solidifies Boldplay’s position as a trusted provider within the iGaming industry. The UKGC licence will allow the company to further expand in regulated territories, a key element of their growth plan, and establish new partnerships within the vibrant UK market.
Having fulfilled the criteria to provide services to UK players Boldplay is well-positioned for success. With a diverse catalogue of over 100 titles, ranging from slots and table games to bingo, keno, and virtual scratch cards, the company is well-known for its innovative features, including their trademark Boldplay Spins.
Speaking of the UK Gambling Commission’s decision to grant the operating licence, Boldplay CEO, Valli Fragoso, said: “We are proud to receive our remote software supplier licence from the UK Gambling Commission. This milestone reflects our commitment to providing high-quality, engaging casino games to licensed operators while upholding responsible gaming standards. We can’t wait for UK players to try our games.”
Asia
Indonesian Govt to Form Task Force to Tackle Online Gambling
Indonesian President Joko Widodo has chaired a limited meeting which discussed the efforts taken to eradicate online gambling in the country on Thursday 18 April, at Merdeka Palace in Jakarta. Minister for Communication and Information Technology Budi Arie Setiadi, in his press statement after the limited meeting, said that the Government will form a task force to counter online gambling.
“It has been decided that within a week, we will formulate measures to form an integrated task force in order to eradicate online gambling,” Budi said.
Minister for Communication and Information Technology mentioned that forming a cross-ministries/institutions task force is aimed to handle online gambling more thoroughly, collaboratively and efficiently.
“Gambling is an illegal act based on regulations. So, we need to impose measures effectively to settle it,” Budi stated, adding that his ministry will focus on handling online gambling websites and contents, while the law enforcement officers will enforce the law.
“Our authority is only to take down the websites, while the Financial Services Authority (OJK) blocks their financial accounts, and then followed by law enforcement officers, police officers, and the public prosecution service officers,” he remarked.
Similarly, OJK’s Chairperson of Commissioner Board Mahendra Siregar also highlighted the importance of holistic measures in eradicating online gambling in Indonesia.
“Some online gambling activities are not conducted in Indonesia, some are cross-borders, some do not use bank accounts, some needs to be tracked and traced through bank accounts, including transfers and so on. So, the next layers must also be addressed, and that way it leaves no empty rooms,” Mahendra explained.
Mahendra said that according to the institution’s authority, from the end of 2023 to March 2024, OJK has blocked around 5000 bank accounts that indicate its relation to online gambling.
“So far, we have cooperated closely with Communications and Information Technology Ministry. So, if we receive a list of bank accounts suspected to be used or are being used in online gambling activities, we immediately block them, and it has reached up to 5000 bank accounts,” Mahendra mentioned.
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