Compliance Updates
Ezugi Secures Isle of Man Software Supplier Licence
Ezugi, a leading global provider of innovative live casino and live lottery gaming solutions, has successfully obtained their Isle of Man Software Supplier Licence, with the expert guidance and support from IOM eGaming consultancy, SolutionsHub.
Recognising the growth of the Isle of Man eGaming sector, this B2B Man licence will enable Ezugi to deliver their cutting-edge solutions to operators licensed there, further solidifying their position as a trusted partner in the industry.
Obtaining an Isle of Man licence is and important part of Ezugiâs strategic vision, and it underscores their commitment to excellence and innovation in the live gaming sector.
Local eGaming experts SolutionsHub, who were instrumental in guiding Ezugi through the licensing process, will also provide local support in maintaining their Isle of Man licence.
Steven Welsh, Director of Gaming Services at SolutionsHub, commented, âMore and more software providers are choosing to licence in the Isle of Man as it opens up opportunities to do business with the bigger industry players. This trend highlights the value of demonstrating trustworthiness and compliance to gaming operators. We are proud to have supported Ezugi in achieving this important milestone.â
Tara Leneghan, Strategic Partnership Manager at Digital Isle of Man said âThe Isle of Man has witnessed a year on year increase of software suppliers opting for the elective licence. Attracting brands like Ezugi demonstrates the calibre of the Isle of Man license and we are pleased to have been part of their journey, alongside SolutionsHub. Congratulations Ezugi!â
Compliance Updates
MGA Issues First ESG Code Approval Seals to Licensees
The Malta Gaming Authority (MGA) has awarded its first-ever ESG (Environmental, Social and Governance) Code Approval Seals to licensees in the online gaming sector, marking a milestone in the Authorityâs commitment to promoting responsible and sustainable industry practices.
This initiative follows the launch of the voluntary ESG Code of Good Practice last year, which invited licensees to submit their ESG disclosure returns. The Code, which covers 19 topics categorised under Environmental, Social and Governance pillars, offers a strategic roadmap for online gaming companies to streamline their reporting efforts.
Following the first annual reporting cycle, 14 gaming operators have been awarded the ESG Code Approval Seal. The Code supports two levels of reporting: Tier 1, which establishes foundational ESG standards, and Tier 2, which represents a more aspirational approach.
Seals are valid for one year, with flexibility for renewal in the subsequent reporting period, allowing operators to advance or adapt their reporting tier year by year.
âWe believe this initiative will significantly enhance the industryâs reputation and sustainability credentials,â MGA CEO Charles Mizzi said.
âBy integrating ESG considerations into their operations, gaming companies not only contribute to the wellbeing of society and the environment but also strengthen the trust and confidence that consumers, investors, and regulators have in the industry. This initiative sends a clear message: sustainability, in the broadest sense of the word, is integral to the future of the gaming sector.â
Compliance Updates
Turkish Football Federation to Penalise Clubs Promoting Illegal Betting
The Turkish Football Federation (TFF) has introduced new regulations to crack down on illegal betting advertisements in professional football.
According to the TFF, clubs found violating the new rules will face fines and, in case of repeated offenses, the deduction of points.
Under the updated guidelines, any club in the Turkish Super League involved in unauthorised betting promotions will face a tiered penalty system.
The first violation will result in a fine of 2 million Turkish Liras (around $58,000), and the second offense will incur a 5 million lira fine and a third violation will see the fine increased to 10 million liras. For subsequent breaches, clubs will be fined 10 million liras for each offense, along with a three-point deduction from their league standings.
âIt is forbidden to promote or advertise betting organizations not licensed by competent authorities. This includes any media, billboards and other equipment used within stadium,â the TFF stated.
The TFF emphasised that the ban also applies to entities affiliated with these betting organisations, including those involved in promoting and advertising activities in a way that suggests endorsement of illegal betting.
The global scale of the illegal betting market is staggering, with the United Nations Office on Drugs and Crime estimating its worth at $1.8 trillion. In TĂŒrkiye alone, the sector is projected to exceed 100 billion liras, according to the Financial Crimes Investigation Board.
Compliance Updates
Aviatrix lands in the Netherlands
Aviatrix, the award-winning crash game, has received its certification in the Netherlands, meaning Dutch players can enjoy the popular title for the first time.
The certification in the Netherlands opens up yet another important regulated market for Aviatrix, which was recently named âGame of the Yearâ at the EGR Operator Awards 2024.
Gross gaming revenue in the Netherlands hit âŹ1.39 billion in 2023, and is expected to continue to grow over the coming years.
Dutch operators will now be able to capture this growth via Aviatrixâs innovative title, which is proving hugely popular in regulated markets worldwide.
Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: âThe Netherlands has been on our radar for some time, so this is a big day for us here at Aviatrix. We canât wait to see Dutch players enjoying the title, and we will be working closely with some very special partners in the Netherlands to ensure this game is widely available very soon.â
Part of what makes Aviatrix so successful is the constant updates to the game, which keeps it fresh and exciting for players.
This has included a full redesign with new, 3D assets, as well as a first-of-its-kind free bets function via in-game promo codes.
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