Wednesday, September 23, 2020

Tag: Licences

Unlimited sports betting licences off the cards for Brazil

Brazilian betting licences
Despite the Brazilian government stating in May it would pursue a concessionary approach to licensing, founding partner of Montgomery and Associados Neil Montgomery has told iGaming Times that a third draft decree has hinted unlimited awards could be reduced to just 30.

Nigeria awards new betting licences in regulatory push

Nigeria betting licences regulatory push
Having banned all foreign lotteries at the start of the year Nigeria has awarded two new online sports betting licences - part of a renewed push towards a fully regulated market.

Dutch regulator warns ‘licences will not be given lightly’

Dutch regulator warning
Speaking at the Annual Gaming Industry conference in Amsterdam, Rene Jansen, chairman of Dutch regulator, Kansspelautoriteit (KSA), warned operators that gambling is still “a controversial subject in the Netherlands” - and that bad behaviour would not be tolerated. The regulators come as the country vigilantly prepares for a regulated market launch for online gaming in July next year - and...

MGA corruption crackdown sees 11 licences suspended within six months

MGA Corruption Crackdown Malta
As Malta pledges to continue its compliance crackdown, new figures released by the MGA reveal a large scale international operation designed to weed out unlicensed entities and other forms of corruption.

Apply for a new sportsbetting licence or face fines, say German authorities

sportsbetting licence
With a new interim sportsbetting law set to come into force by next year, the state of Hesse is calling on all operators to submit their applications for..

Portuguese tax rates still hamper regulated play

Portugal, tax rates, online awards, licences
With the very first Portuguese online licences awarded now coming to the end of their three year duration, the industry has experienced significant growth. But with the government still viewing the sector as “a necessary evil,” how much further can expansion…

BetConstruct obtained two Class I licences from Malta Gaming Authority

Licences-Karine-Kocharyan
Developer and provider of online and land based-gaming solutions, BetConstruct, has announced it has been granted two Class I licences by the Malta Gaming Authority. With these licences the company is now enabled to provide gaming products of the well-known…

Italy to award up to 120 online licences

Betting Business - italy retail market betsoft
The Italian regulator is launching a massive public tender for up to 120 online gaming licences this year, for a wide range of products.   After some delay, the gaming authority - the Agenzia delle Dogane e dei Monopoli (AMD) - will be accepting applications for licences in sports betting, skill games with cash prizes, poker, casino and bingo, for three...

UK remote sector under investigation for laundering negligence

money laundering UK
2018 kicked off with an ominous letter from the UK regulator, the Gambling Commission, which according to licensing expert David Clifton is just the beginning of escalating enforcement measures - which “some may find too steep a hill to climb.”   The UK regulator wrote to all UK-facing casino operators in January warning them of an industry-wide ignorance as to what...

MGA unveils new online licensing system

BB156-p11-Europe-MGA licensing
The Malta Gaming Authority has launched a new licensing system, which the regulator hopes will simplify the process for operators.   During a press conference addressed by the MGA’s executive chairman Joseph Cuschieri (pictured) and Silvio Schembri, a Maltese parliamentary secretary, the two officials unveiled the New Licensee Relationship Management System. The system, which came about through a collaboration with Microsoft, comprises...

UKGC ups ante on grey market revenue disclosure

BBi - Grey markets UKGC
Following a regulatory data consultation, the UK Gambling Commission is broadening its demand on licensees to disclose all group revenues from grey markets, and give more detailed legal justifications that their presence in these markets is not illegal.   The UK Gambling Commission is tightening its stance on UKl icensed operators regarding the volume of revenue streams from unregulated grey markets. Licensees...

Malta issues 26 new licences in first quarter

Malta Gaming Authority ganapati licences MGA
Malta’s gaming economy continues to grow at pace, with 26 new licences issued in the first quarter alone, adding to a sector that now comprises 13 percent of the local economy.   The news was delivered within the regulator’s quarterly report, which showed licensee growth was well up from last year’s first quarter, when 13 licences were issued. As of the...

BetConstruct set to grow “exponentially” with new UK licences

Betting Business - Pragmatic Play UK licence Remote licences
The award-winning technology and services provider BetConstruct has been granted UK Casino and Pool Betting Operating Licences.   BetConstruct has successfully added both Casino and Pool Betting to its B2C UKGC Remote gambling licences, an additional variation to BetConstruct’s existing remote sports betting licence, granted in 2016. “We have worked tirelessly in growing in a number of significant regulated markets and the...

Gibraltar Licence is “great honour” for GAMEIOM

GAMEION has been granted a Gibraltar B2B licence to provide its games and third party content to regulated operators which the company’s CTO, Anthony Ellis, has claimed is a “great honour to receive”.   The Isle of Man-based GAMEIOM Technologies Ltd, has been granted a Gibraltar B2B licence to offer its slots, Real Sports virtual games and third party content to...

Yggdrasil Gaming receives Romanian licences

Betting Business Yggdrasil Romania licences
The Malta-based online and mobile casino games provider is now approved for the hosting of gaming platforms and the distribution of gaming software in the newly regulated market.   Yggdrasil Gaming has been granted two licences by Romania’s National Gambling Office which permits the award-winning provider to supply licensed operators in the country with its portfolio of slots and promotional tools. “Gaining...

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