Compliance Updates
Stakelogic granted Greek gaming license
In-demand software providers expand their global reach after regulators give the green light to operate in Greece
Stakelogic, the sought-after software studio behind fan favourite slots such as Mystery Drop and Extreme Megaways, have announced they’ll now be able to share their innovative catalogue of games with a brand-new audience after being granted a Greek gaming license.
Having already successfully passed the rigorous security checks of regulatory bodies such as the Malta Gaming Authority, Romania’s ONJN and the notoriously thorough UK Gaming Commission, Stakelogic can now add the Hellenic Gaming Commission to their growing list of approvals as the group gave them the green light to supply their full suite of slots and live games to online operators in Greece.
The news means that Stakelogic will now be able to offer their games to Greek players via any licensed casino in the country, enabling them to share their signature range of Super StakeTM titles in the market for the first time. With these games offering players the chance to raise their starting stake in exchange for perks such as extra scatters and bonus features, they’re sure to prove a popular addition.
With the Hellenic Gaming Commission opening up the application process for new online gaming licenses in October of last year, Stakelogic have moved quickly to gain the proper certification for Greece. Just as they did in the Ukrainian market earlier in the year, the popular providers were able to secure a suppliers license relatively early, enabling them to hit the ground running in the country.
The decision by Stakelogic to acquire a Greek gaming license to go alongside the others they hold in Malta, Romania, the UK and the Ukraine further emphasises the studio’s commitment to expanding its global reach and ensuring as many players as possible get to try out its exciting collection of games.
Stephan van den Oetelaar, CEO at Stakelogic, said: “Having thoroughly reviewed our business offering, we’re delighted the Hellenic Gaming Commission has awarded us a Greek gaming license and we’re very much looking forward to sharing our product with players in the country for the first time.
“The decision to move into Greece is reflective of Stakelogic’s wider strategy to expand its global reach and offer its premier collection of slots and live casino games in new markets the world over. Now licensed in five major gaming jurisdictions, we’ve proved once more that Stakelogic is a brand players can trust to deliver a high quality gaming experience that’s 100% regulated, licensed and secure.”
Compliance Updates
Playnetic strengthens European presence with licence to operate in Sweden
Playnetic, the new immersive B2B iGaming provider has announced that it has been granted a Swedish licence, following regulatory approval from the Swedish Gambling Authority, Spelinspektionen.
The licence allows Playnetic to launch its catalogue of innovative iGaming titles in Sweden, enabling the company to finalise partnerships with prominent operators across the country.
This significant milestone marks a major step forward in supporting Playnetic’s ambitious growth plans, which include increasing its foothold in other European markets, as well as continued expansion in regulated markets across the globe.
Dan Phillips, Playnetic CEO said: “Since launching in early 2023, Playnetic has been exploring expansion opportunities in Europe to penetrate new markets and we are thrilled with achieving this milestone.
“Thanks to our experienced compliance team, we were able to obtain this licence promptly, which is a huge positive as the market entry lines up perfectly with our regulatory roadmap for 2024. We are looking forward to launching our innovative suite of games which feature captivating themes and mechanics to players and operators in Sweden.”
The post Playnetic strengthens European presence with licence to operate in Sweden appeared first on European Gaming Industry News.
Balkans
Bulgarian President Approves Gambling Law Amendments
Bulgarian President Rumen Radev has decided not to veto the proposed amendments to the Gambling Law, which include a prohibition on gambling advertisements in the media.
Previously, President Radev had indicated that he was deliberating on the changes to the Gambling Law and was awaiting input from his advisors before making a final decision.
The prohibition on gambling advertisements in the media was approved by a significant majority of deputies during the final session of the 49th National Assembly. Despite objections raised by various media outlets, gambling operators, sports clubs, and other businesses between the readings, the amendments were endorsed. Some stakeholders argued against the ban, suggesting that public discussion should precede its adoption.
The initiative for the amendments originated from GERB and DPS, and it was introduced unexpectedly during the last days of the 49th National Assembly by Yordan Tsonev (DPS) and Temenuzka Petkova (GERB). The bill swiftly progressed through the legislative process, passing its first reading in the budget committee and subsequently receiving approval in the plenary session. An extraordinary meeting of the Committee on Budget and Finance was convened to facilitate the voting on the amendments before the deputies commenced their pre-election recess.
The post Bulgarian President Approves Gambling Law Amendments appeared first on European Gaming Industry News.
Compliance Updates
Playson awarded ISO/IEC 27001:2022 certification
Playson, the fast-growing digital entertainment supplier, has been granted an ISO/IEC 27001:2022 certificate, reinforcing its commitment to implementing robust compliance measures.
Having previously gained an ISO 27001:2013 certificate three years ago, this updated version is key in safeguarding sensitive information and required for Playson to hold its existing licences in valuable regulated markets.
This latest development coincides with Playson’s plans to further extend its outreach across a number of regions over the next 12 months, paving the way for the supplier to enter new jurisdictions in a more streamlined way.
The accreditation was awarded by Quinel and recognises the provider’s adherence in aligning with the standards that the International Organisation for Standardisation sets, demonstrating its ability to mitigate any information security risks whilst meeting all necessary legal and regulatory requirements.
The 2022 version includes updates and revisions to better address contemporary information security risks and challenges, such as those related to cloud computing, remote working, and emerging technologies. It provides organisations with a framework for implementing and managing an effective information security management system (ISMS) to protect their sensitive information assets.
Vsevolod Lapin, Deputy CEO at Playson, said: “The transition to ISO 2022 is welcome news for the business, and shows our continued dedication to compliance and regulation. Partners can rest assured of Playson’s heightened security measures and adherence to international standards with us acquiring this certificate.
“Greece, Ontario and Sweden are vital territories for Playson, with this certification also necessary for the Swiss market, and I expect the ISO 2022 to be required for more jurisdictions in the future, so this recognition has been received at a good time as we look to strengthen our global standing.”
The post Playson awarded ISO/IEC 27001:2022 certification appeared first on European Gaming Industry News.
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