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Compliance Updates

Social gaming disruptor PickGuru is granted a UK Gambling Commission licence and announces TikTok executive to lead the business

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PickGuru, a brand new social gaming platform, announced that it has secured a UK Gambling Commission (UKGC) licence. They also confirm the appointment of TikTok executive Olly Roland-Jones as chief executive officer (CEO).

The platform allows friends and fans to challenge and compete with each other in a wide range of live and engaging sports prediction games. The acquisition of the UKGC licence is an important milestone in the company’s journey towards revolutionising the interaction between real-money wagering and live sport.

Backed by the most successful sports entrepreneurs in the UK, PickGuru will offer users a unique peer-to-peer experience and the opportunity to test their sporting knowledge to win cash prizes.

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Powered by seamless real-time data feeds, PickGuru leaderboards will update dynamically as live events progress and provide sports gurus with an edge-of-the-seat experience.

Paul Watkins, chief operating officer and co-founder of PickGuru, said: “Securing a UKGC licence marks a significant step in the company’s history. We’re excited to bring our platform to market in early 2022.”

Paul Cobley, chief technical officer and co-founder, said: “Our platform incorporates a number of elements around gaming, social interaction and betting.

“We really try to emphasise the skill aspect of our games whilst keeping a firm eye on responsibility. We’re really excited to welcome users onboard and we’re confident they will love the experience.”

Roland-Jones joins the business before launch as the group’s first ever CEO. He makes the move from social media giant TikTok and has previously held management roles at sports content providers onSport and cleverGames.

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Oliver Slipper, chairman and co-founder of PickGuru, said: “We can move to the next phase on our journey after securing our UKGC licence and closing our £2.6m seed round last month. I’m delighted to welcome Olly Roland-Jones to lead the business as our CEO. Olly brings a wealth of experience in both fantasy games and social media, which we feel will be vital to the success of this business”.

Roland-Jones added: “When Oliver Slipper first approached me about the concept of PickGuru I was instantly drawn to the unique opportunity. It will be a game changer and I’m excited to work with the team to bring the idea to life and lead the business into 2022 and beyond.”

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Compliance Updates

KSA: Fine of €734,000 Imposed for Breach of Duty of Care

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The Dutch Gambling Authority (KSA) has for the first time imposed a fine of €734,000 on one of its licensees because the company failed to adequately protect young adults against excessive gambling and gambling addiction.

Gambling companies have a duty of care and must protect players as much as possible against excessive gambling and gambling addiction. According to the KSA, the provider in question has not sufficiently complied with this duty of care and will be fined for this.

The KSA started an investigation after signals about large losses suffered by young adults. In this investigation, a selection of 10 of the player files with the largest losses were examined at the provider, whereby violations were found in all files. These were young adult players (18 to 23 years old) who gambled away tens of thousands of euros in often a relatively short period of time.

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Michel Groothuizen, chairman of the board of the KSA, said: “We have a licensed gambling market based on the idea that anyone who wants to gamble can do so safely. That is why providers have a duty of care towards their players and must respond adequately to excessive gaming. Major losses are an important signal of that. We have intensified our supervision of the online duty of care and we take tough action against violations such as those we find here, because we really do not want to see providers continue to fail in their duty of care, especially for vulnerable young players.”

The post KSA: Fine of €734,000 Imposed for Breach of Duty of Care appeared first on European Gaming Industry News.

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Aviatrix granted certification in Estonia

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Aviatrix has received certification to offer its award-winning crash game to operators in Estonia.

It marks the latest regulated market that Aviatrix has entered into, with the game already live in the country with leading brand FenixBet.

Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “Securing certification in Estonia is another exciting step forward for Aviatrix as we continue to expand into regulated markets. We’re thrilled to already be live with FenixBet and look forward to delivering our innovative crash game experience to even more players in the country.”

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Aviatrix has added a host of regulated markets over recent months, including Spain, Colombia, Brazil and Peru.

It underlines the team’s commitment to bringing the game to players around the world.

Aviatrix is a constantly evolving game, with regular feature updates for partners, including the recent launch of free bets, now available through in-game promo codes.

The post Aviatrix granted certification in Estonia appeared first on European Gaming Industry News.

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Compliance Updates

Playbook Fusion secures UK Gambling Commission licence

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Playbook Fusion has been awarded a supplier licence from the UK Gambling Commission, granting it access to one of the most significant online betting markets in the world.

The approval means Playbook Fusion can offer its flagship Playbook Football™ title to UK-licensed operators for the first time, building yet more momentum behind the rising star studio.

Playbook Fusion made its debut in June 2024 with a mission to bring never-seen-before sports gaming content to the market.

This is done by enabling the worlds of sports betting and mobile/video gaming to collide in an entirely new genre of immersive sports-themed games.

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Playbook Fusion’s unique wagering experience is showcased through Playbook Football™, a football strategy betting game where players build their own teams, compete in matches, earn rewards and climb divisions while placing bets.

UK operators who have an RGS integration with Games Global will be able to get first access to Playbook Football™.

Steve RogersFounder and CEO of Playbook Fusion, said: “Securing our licence from the UK Gambling Commission is a key moment for Playbook Fusion, granting us access to one of the most established online gambling markets in the world. 

“Being able to satisfy the stringent criteria set out by the UKGC is a testament to the strength of the team which we have built at Playbook Fusion and, to achieve this milestone within such a short time period, is an accomplishment that we’re incredibly proud of. “

The post Playbook Fusion secures UK Gambling Commission licence appeared first on European Gaming Industry News.

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