Thursday, January 20, 2022

Tag: Licensing

EveryMatrix applies for new licenses in West Virginia and Michigan

EveryMatrix West Virginia Michigan
iGaming platform provider EveryMatrix is rapidly advancing in multiple commercial negotiations and, to support its strong sales pipeline, has now filed for licensing in West Virginia and Michigan.

Duterte says yes to betting on Boracay

Boracay Duterte says yes to betting
In a twin turn-around for the Philippine president Rodrigo Duterte, gambling is to be legalised on one of the archipelago’s most-prized assets.

Italy to cut online licensees by two thirds

Italy to cut online licensees by two thirds
Italy has announced plans to cut the number of online gambling licences in the market from 120 to just 40, while also planning to raise licence fees.

Buenos Aires city sets out online gaming regulations

Buenos Aires online gaming regulations
The city of Buenos Aires has reawakened hopes of licensed online gaming in Argentina after regulators published details of a new remote regime that would likely come into force at the start of next year.

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.

Licence changes will better protect players, says UKGC

UKGC licence change
The UK Gambling Commission has updated its licensing conditions to better protect players and make gambling fairer.

Chicago gambling pacts raise spectre of corruption

Chicago gambling licensing DraftKings FanDuel
As daily fantasy operators, DraftKings and FanDuel, are locked out of Illinois’s betting market - lawmakers are accused of rigging competition to support..

Lack of gambling bill sees Cambodia casino frenzy continue

Cambodia Gambling Bill
Evidence of Cambodia’s new casino bill - that promises to reign in and regulate the explosion of land-based and online casinos cropping up across the country - is nowhere to be seen.

International partnerships eye foothold in Buenos Aires

Buenos Aires International Partnerships
Following draft online gambling regulation in Buenos Aires, a series of international and domestic operators have registered their interest to receive one..

Cutting through the red tape of compliance and AML

Parimatch Maksym Liashko AML Compliance
Legal parameters are shifting, and the key to progress is fluidity, argues Partner at international betting holding Parimatch, Maksym Liashko, who is...

Swedish regulator states case against unlicensed operators

SWEDEN, LICENSING, europe, Lotteriinspektionen,
Ahead of a nationwide reregulation in January 2019, Lotteriinspektionen has warned that Swedish licensed firms are losing out to unlicensed competitors. The national regulator observed that though GGR for the first three quarters of this year rose...

Alternative Ventures target central American market as future of US growth

MEXICO, LICENSING, latam, Alternative Ventures
Alternative Ventures has secured a Mexican gaming licence, in a strategic move to position itself as a bridge between the regulated markets of the US and Latin America. The Las Vegas-based mergers, acquisitions and private equity advisory company announced

NHL predicted over $200m in sports betting business boost

IGT 170 NAM DPS NHL
The American Gaming Association has predicted the National Hockey League could benefit from over $200m in additional annual revenue should it fully engage with sports betting. The report, made in conjunction with Nielsen Sports, follows a similar…

Publicwin denounces ONJN’s “deeply unlawful” online licence suspension

PUBLICWIN
Publicwin has criticised the Romanian regulator ONJN after its Malta-based parent company Sea-Bet had its licence suspended, following the expiration of its online licence in July. Though the operator possesses a ten-year fixed-odds licence…

Funfair withdraws UK licence application amid market uncertainty

IGT 169 BETTING BUSINESS CRYPTO
The threat of a “disorderly Brexit” and increasing regulation has dissuaded blockchain casino game developer Funfair from pursuing a UK gaming licence. Having submitted an application to the UKGC in January for a Remote Gambling Software License…

Golden Race prepares to enter UK market after licence approval

IGT 169 BETTING BUSINESS VIRTUALS GOLDEN RACE
Virtual sports developer Golden Race has been granted a Remote Gambling Operating Licence by the UK Gambling Commission. The Malta-based company, which recently released its UEFA-inspired Euro Champions football tournament title, hopes to prosper…

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...

Nagaland issues first Indian online gaming licences

Betting Business Nagaland
In India, the small northeastern state of Nagaland has begun licensing online poker operators with the first license going to K365 Web Assets and its domain at Khelo365.com, while operator Club Empire Tech Private Limited has also been issued with poker-only authorisation.   The fourth smallest state in India, Nagaland explained that the licences allow operators to offer their services to...

Playtech signs Warner Bros. licensing deal

Betting Business licensing Playtech Warner
A new range of branded slot games are hitting the online market following the signing of a licensing deal between Playtech and Warner Bros. Consumer Products. Playtech, the world’s leading gaming content and software, systems and services supplier, has partnered with Warner Bros. Consumer Products, on behalf of DC Entertainment, to launch the first two of six slot games based...

Playtech signs Warner Bros. licensing deal

Betting Business Playtech Warner Licensing
A new range of branded slot games are hitting the online market following the signing of a licensing deal between Playtech and Warner Bros. Consumer Products.   Playtech, the world’s leading gaming content and software, systems and services supplier, has partnered with Warner Bros. Consumer Products, on behalf of DC Entertainment, to launch the first two of six slot games based...

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