Compliance Updates
Ukraine Inches Closer to Gambling Legalisation
According to the preliminary schedule of the Verkhovna Rada of Ukraine, the parliament may consider the bill on legalisation of gambling in Ukraine this week.
Thus, according to the schedule, on June 18, MPs plan to review in the second reading the bill №2285-d on state regulation of activities related to the organisation and conduct of gambling.
The bill is actively discussed and covered by local mass media. The experts note that success of the industry and legalisation highly depends on the tax policy. Some MPs suggest the All-Ukrainian referendum may decide the issue of legalisation of the gambling business.
However, the majority of the experts and MPs agree the bill should be considered by the parliament. Ukrainian budget requires funding from the gambling industry.
Powered by WPeMatico
Canada
Court Decision Upholds iGaming Ontario’s Model
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.
iGaming Ontario will continue to conduct and manage igaming as it has since the launch of the regulated market on April 4, 2022.
Compliance Updates
Supremeland Gaming Continues U.S. Expansion With Supplier License Approval In Michigan
Supremeland Gaming, Inc., the emerging brand in American iGaming, has gained approval for a Supplier License in Michigan, marking the company’s fourth U.S. state approval following the successful acquisition of interim approvals in Pennsylvania, New Jersey, and West Virginia.
Supremeland Gaming is approved to operate under this license and is now authorized to offer its cutting-edge innovation to the Great Lakes State. Their continued expansion underscores its commitment to pushing the boundaries of innovation in the iGaming industry.
Rickard Öhrn, CEO of Supremeland Gaming, said: “With approvals already in Pennsylvania, New Jersey, and West Virginia, our entry into Michigan underscores our dedication to serving players nationwide. We are excited about the opportunities this new market brings and look forward to delivering innovative, engaging, and responsible gaming solutions to the rapidly growing U.S. iGaming community.”
Supremeland’s game portfolio has garnered international appeal since its debut in November 2023. The innovative brand produces first-class games, including Red Panda Rising and its global debut, Munition Mine, for which its subsidiary, Powderkeg Studios, is shortlisted at the CasinoBeats Game Developer Awards.
Compliance Updates
BetComply, RiskCherry and White Coral team up to offer go-to-market service
Compliance consultancy BetComply, independent test lab RiskCherry and legal advisory White Coral have agreed a strategic alliance, meaning the trio can now offer a complete, go-to-market service to igaming suppliers looking to launch their products in new jurisdictions.
The new service was born out of direct feedback from games studios who were struggling with the need to engage multiple advisories and consultancies ahead of new market launches.
By combining forces, BetComply, RiskCherry and White Coral are together able to provide an efficient and seamless experience, as well as a unified conclusion to each project: the relevant licence or certification for the supplier.
BetComply will cover pre-compliance testing, understanding technical requirements and policy drafting; RiskCherry will handle testing, inspection and certification; and White Coral will provide legal coverage across software agreements, sales contracts and more.
Daniel Brookes, CEO at BetComply, said: “For too long, launching content in new markets was a fragmented and frustrating process for games studios. By teaming up with RiskCherry and White Coral, we’re able to eliminate the guesswork, opacity and many of the hidden costs. This isn’t just streamlining a process; we’re setting a new standard for the industry.”
Mihael Mladenov, COO at RiskCherry, said: “We’re really excited to work alongside BetComply and White Coral on this game-changing service. It brings together three of the most forward-thinking companies in their respective fields, and provides a one-stop-shop for games suppliers.”
Steven Matsell, Managing Partner and Founder at White Coral, said: “White Coral has always been focused on cutting through legal complexity, and alongside BetComply and RiskCherry, we’re now able to offer our services in a way that further simplifies the process for suppliers. This is a major win for any business wanting to complete agreements faster and more cost effectively.”
The post BetComply, RiskCherry and White Coral team up to offer go-to-market service appeared first on European Gaming Industry News.
-
Baltics7 days ago
Elvis Merzļikins Becomes Brand Ambassador of OlyBet
-
Compliance Updates7 days ago
Novibet Announces Digital Compliance Partnership with W2 by FullCircl
-
Baltics7 days ago
Rise, Shine, and Connect: HIPTHER’s Networking Sessions at MARE BALTICUM Gaming & TECH Summit Tallinn
-
Central Europe7 days ago
BF Games Enters Czech Market with Apollo Games
-
bet3657 days ago
IBIA and PFA Canada join forces to provide sports integrity education to the Canadian Premier League
-
Latest News6 days ago
Week 19/2024 slot games releases
-
Central Europe6 days ago
Playtech Expands iPoker Network into the Czech Republic in Partnership with Fortuna Entertainment Group
-
Latest News6 days ago
Week 19/2024 slot games releases