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New Slotegrator guide compares 4 leading licensing jurisdictions
The world of iGaming regulations is complicated and often-changing. Sometimes it’s hard for operators to navigate through so many updates and decide which license is best for them. Slotegrator has shared a comparison guide to 4 of today’s most popular licensing jurisdictions – Anjouan, Curaçao, the Isle of Man, and Kahnawake.
The guide includes a description of the types of license each jurisdiction offers, and covers the fees, taxes, application process, processing and validity periods, details of operation, and additional benefits.
The comparison tables serve as a cheat sheet for beginning operators, as well as those planning to expand their gambling business into a new market or otherwise develop it in a new direction.
Yana Khaidukova, managing director at Slotegrator, comments: “It’s very important to provide the audience with such useful guides, especially in an area such as licensing. Our clients do not have a lot of time to spend doing their own analysis – so we do it for them, meticulously analyzing all changes and rules, helping new, compliant brands get up and running fast.”
Slotegrator shares some additional benefits about each licensing jurisdiction:
- The Anjouan license is the most affordable and easiest to acquire. It is a great choice for beginning operators and businesses that want to go live as soon as possible.
- The Curaçao gambling license has always been one of the most popular choices among operators, and we can expect it to have an even more consolidated position on the market, as the revised licensing system is more compliant with global regulatory norms.
- The prestigious Isle of Man license is whitelisted by the United Kingdom Gambling Commission and the OECD, as well as being a member of the World Trade Organization.
- The Kahnawake Gaming Commission has been issuing licenses for a very long time, and has earned a solid reputation among players.
This guide is available for download from the official Slotegrator website.
Glenn Debattista, chief operations officer at Revpanda, Slotegrator’s media partner, notes an important point about the licenses: “An iGaming license grants permission to an operator to legally offer online gambling services within a specific jurisdiction. Some popular jurisdictions for obtaining iGaming licenses include Malta (MGA), the United Kingdom (UKGC), Curacao and Gibraltar (GRA). The operator must first apply for one and then the regulatory authority conducts thorough background checks on the operator themselves. It is therefore important that the operator must demonstrate compliance with the strict regulatory requirements before the license is issued. However, compliance does not stop there, and the operator must continue adhering to the conditions of the license at all times, even once they have their license issued.”
The post New Slotegrator guide compares 4 leading licensing jurisdictions appeared first on European Gaming Industry News.
In a move towards modernising India’s lottery sector, the state of Goa has introduced an entirely online lottery platform, sanctioned by the Directorate of Small Savings and Lotteries. This initiative, known as Great Goa Games, aims to bring transparency and convenience to an industry that has long grappled with allegations of mismanagement and fraud.
Ticket sales commenced Monday, with the inaugural draw set for Sunday. Rhiti Group, led by founder Arun Pandey, was granted the license to operate and market the platform. “Our mission is to democratize opportunities through technology,” Pandey stated, emphasizing the secure and user-friendly nature of the app-based system.
Goa government official Narayan Gad lauded the move as a step forward for the Indian lottery sector. “With our online lottery streamlining processes through technology, we are setting a new standard in the lottery industry,” Gad remarked. “The technology-based product will enhance transparency and ensure improved monitoring and regulation of operations.”
This development follows new rules governing online lotteries, introduced by the Goa directorate in February 2023. Currently, 13 states in India, including Goa, allow lottery games, though others have banned them due to concerns over gambling addiction and operational irregularities.
The post Goa Introduces an Entirely Online Lottery Platform appeared first on European Gaming Industry News.
Catena Media’s board of directors announced the appointment of Stephen Taylor-Matthews as non-executive director and the departure of Øystein Engebretsen from the board of directors.
Based in London, Stephen Taylor-Matthews is a tech entrepreneur, executive advisor and investor with over two decades of experience in online gaming, sports betting and data analytics.
He is the founder of Polynate, an AI-first company delivering next-generation sports engagement solutions, and has worked at Underdog Fantasy, GoatGaming and Betgenius in previous roles.
Stephen Taylor-Matthews commented: “Catena Media is in a transformation phase and I’m excited to be joining the board at this juncture and to contributing my industry expertise and insight.”
The appointment coincides with the departure from the board of Øystein Engebretsen, who has served as non-executive director since September 2018.
Erik Flinck, Chairman of the Board of Directors, said: “Øystein has made a valuable and important contribution to Catena Media for more than six years. I warmly thank him for his efforts and wish him well in his current and future ventures. At the same time, I am delighted to welcome Stephen Taylor-Matthews to the board. His experience and expertise will be a valuable asset for Catena Media as we move forward.”
Stephen Taylor-Matthews’ appointment will become effective once all necessary filings are made with the Malta Business Registry, and his term will run up until the end of the next annual general meeting, in accordance with the Maltese Companies Act and Catena Media’s articles of association.
The post Catena Media Announces Board Changes appeared first on European Gaming Industry News.
CT Interactive is going to showcase its innovative gaming solutions at BEGE, which will take place on November 27-28, 2024, at the Inter Expo Center in Sofia, Bulgaria. The company will present at stand 3.15А its top-notch slot catalogue featuring cutting-edge mechanics and engaging gameplay designed to appeal to various players.
Silvia Hristova, CT Interactive’s CPSO, stated: “We are excited to participate in BEGE, a central event for the gaming industry in Europe. This year, CT Interactive is showcasing a selection of games tailored to meet the evolving needs of our partners and engage players with innovative and localised content. BEGE offers a unique opportunity to connect with industry leaders, strengthen our relationships, and explore new growth opportunities in this dynamic region.
“We look forward to sharing our latest advancements and demonstrating our commitment to creating high-quality gaming experiences.”
The CT Interactive team at the expo will include Lachezar Petrov (CEO), Monika Zlateva (CCO), Silvia Hristova (CPSO), Antonio Donov (HBD EMEA & Asia), Kiril Kirilov (AM).
BEGE brings together manufacturers, online operators, affiliates, payment service providers and media professionals. This year’s exhibition will feature numerous companies from the gaming industry, showcasing their latest products, services and groundbreaking solutions.
The post CT Interactive to Showcase Innovative Gaming Solutions at BEGE 2024 appeared first on European Gaming Industry News.
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