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Compliance Updates

Swedish regulator gives Stakelogic its seal of approval

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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.

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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.

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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.”

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Compliance Updates

Playson awarded ISO/IEC 27001:2022 certification

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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.

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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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Asia

Thailand Considers Limiting Gambling Areas to 5% of Total Project Space

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The Thai government is exploring the possibility of restricting gambling areas within entertainment complexes to no more than 5% of the total project space. This proposal was revealed by Deputy Finance Minister Julapun Amornvivat, who also chairs the House committee responsible for evaluating the potential establishment of casino resorts in the country.

Amornvivat noted that the allocation of space for gaming activities within these entertainment complexes would be determined based on input from various governmental entities involved in a project.

Last month, Thailand’s cabinet approved a report from the National Assembly committee that examined the feasibility of introducing casino resorts in the country. The Ministry of Finance was tasked with conducting a 30-day study to assess the viability of implementing such a policy.

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Each proposed venue would require a minimum investment of THB100 billion ($2.75 billion), according to the committee report. Amornvivat recently requested a two-week extension for the study period to further evaluate the matter in collaboration with 16 other government agencies.

The special House committee’s study focused on three main areas. First, it examined the potential impacts of introducing entertainment complexes with casinos on various aspects of Thai society, including economics, politics, social dynamics and the environment.

Second, the committee analysed the business framework of integrated entertainment venues, exploring revenue generation mechanisms such as taxes, fees and licensing structures. It recommended the implementation of specific casino taxes and the establishment of a fund aimed at addressing the negative effects of gambling activities.

Last, the report highlighted the importance of conducting a comprehensive review of the legal framework governing entertainment venues and gambling laws in Thailand. This effort aims to update existing legislation or develop new laws that align with the evolving societal landscape.

The post Thailand Considers Limiting Gambling Areas to 5% of Total Project Space appeared first on European Gaming Industry News.

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Canada

Court Decision Upholds iGaming Ontario’s Model

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iGaming Ontario has welcomed the decision of the Ontario Superior Court, which found that iGaming Ontario’s model is consistent with the Criminal Code and that iGaming Ontario is conducting and managing igaming in the province.

“We have always been confident in our model and are pleased that the court has ruled in our favour, and that Ontarians can continue to play with confidence in our regulated igaming market,” said Martha Otton, Executive Director of iGaming Ontario.

“Ontario’s model meets the requirements and contributes to the public good by protecting players, their data and their funds, while helping to fund priority public services in Ontario, and bringing well-paid, high-tech jobs and economic development to Ontario,” Otton added.

In dismissing the application brought forward by the Mohawk Council of Kahnawà:ke (MCK), the Superior Court found that iGaming Ontario is the “operating mind” behind Ontario’s competitive igaming market in accordance with the conduct and manage requirements of the Criminal Code.

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iGaming Ontario will continue to conduct and manage igaming as it has since the launch of the regulated market on April 4, 2022.

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