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Compliance Updates

Norway Regulator Monitors Banks Over Illegal Gambling Transactions

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The Norwegian Lottery Authority (Lotteritilsynet) will monitor nine banks in the country to ensure compliance with a ban on processing transactions with unlicensed operators.

National laws state banks in Norway cannot allow deposits into and withdrawals from sites without a licence. This is in accordance with Section 5 of the Norway Gambling Act.

Lotteritilsynet did not say whether the banks in question breached this ban, nor did it reveal their identities. However, the regulator did confirm it will put in place “supervision of compliance” for each of the nine banks.

The regulatory body has the power to order banks to block transactions to and from specific accounts and companies.

In the briefing sent to each bank, Lotteritilsynet has requested information on the measures in place to stop transactions with unlicensed sites. The banks must also present any internal processes for compliance with the ban.

Lotteritilsynet lawyer Rannveig Gram Skår said: “For a long time, we’ve focused on dialogue with Norwegian banks and financial institutions. For the first time, we have chosen to open a more thorough inspection of compliance.

“We know that the payment intermediary ban is an important tool to protect the Norwegian sole proprietorship model. The purpose of the model is to prevent gambling problems and other negative consequences of gambling.”

The banks have three weeks to respond to the initial requests from Lotteritilsynet.

“We largely expect to see that the banks have effectively complied with our decisions,” Gram Skår said.

Compliance Updates

Jelly Entertainment Awarded Game Host Licence by Gambling Commission and Recognition Notice by MGA

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Jelly Entertainment has received regulatory approval for its proprietary platform from both the Gambling Commission and the Malta Gaming Authority (MGA).

With a Game Host licence in the UK and a Recognition Notice in Malta, the supplier will now have full control of its proprietary technology development and delivery schedule.

These licences pave the way for fostering innovation in platform features and new in-game mechanics as well as bolstering tailored support for operators. It additionally ensures system reliability and security as the business transitions to the next stage in its journey.

Its platform and game content is already certified in accordance with the technical requirements of the Gambling Commission and MGA, and also supports the regulatory requirements of regulators in Sweden, Denmark, Italy and Portugal, as well as multiple other markets.

Having already forged a reputation for successful gaming content, its soon-to-launch titles include CleoPatrick, Midas Riches and Wicked Riches of Oz. Operating since 2020, Jelly is driven to create immersive, supercharged, omni-channel entertainment. In this way it can reach players wherever they are, whenever they want to play, and in any channel they choose – casino, retail or digital. Its manifesto is built on its restless spirit of entrepreneurship; a strategy to differentiate its slot design and delivery by adopting a balanced mix of evolution and revolution.

David Newstead, CEO at Jelly, said: “We are really pleased to see our efforts recognised by another leading authority, and our Notice of Recognition by the MGA is an exciting step forward as we continue to propel ourselves from challenger brand to the ranks of full-service B2B supplier.

Our thanks to the Gambling Commission and Malta Gaming Authority for helping us to achieve another important step on our journey, and we’re looking forward to seeing our titles land in a number of lobbies across Europe and beyond soon.”

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Compliance Updates

Videoslots awarded Swedish licence extension

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Videoslots awarded Swedish licence extension
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Leading operator granted five-year renewal from SGA

The Swedish Gambling Authority (SGA) has awarded a five-year renewal to Videoslots for its licence.

Valid until the end of 2028, the renewal is the maximum possible extension that the SGA can give to operators.

Videoslots has operated in Sweden since the first day the regulated market opened in 2019 with the flagship brand of the group, and most recently alongside its rising star Mr Vegas.

This news confirms Videoslots’ footprint within Europe and the Nordics, following a successful 2023, which saw the release of its 10,000th slot and the launch in Ontario.

Ulle Skottling, Deputy CEO at Videoslots said the news strengthened the company’s position and validated its player-centric approach.

He added: “We remain strong in business and compliance, and we welcome the SGA’s recognition and ongoing confidence in our practices. The decision supports our plans for 2024.”

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PopOK Gaming games are now certified for Lithuania

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PopOK Gaming games are now certified for Lithuania
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18 PopOK Gaming slots are now ready to be enjoyed in Lithuania.

Renowned for crafting top-tier slot games, PopOK Gaming celebrates the certification of 18 of its games alongside the validation of its 4-level progressive jackpot, meeting the regulations set forth by the Lithuania iGaming jurisdiction.

The acquisition of this certification marks a significant milestone for PopOK Gaming, expanding their game distribution across the Lithuanian region while solidifying their position in the regulated market. This breakthrough represents a pivotal step towards offering players top-notch gaming experiences within a secure environment, contributing substantially to the company’s partners’ business ventures.

Product Manager, Tsovinar Elchyan, said: “It is extremely encouraging to gain game certification also for Lithuania. It paves the way for local players to savor a diverse array of our games, including beloved titles such as Yummy, Diamond Flash, Lost Treasure, 20 Hot Bar, Los Apaches, Lucky Jungle, and many more! Quality is of utmost importance at PopOK Gamings, and meeting local regulations helps us to achieve the quality we are so proud of.”

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