Compliance Updates
Netherlands Submits Further iGaming Regulations to European Commission
The Dutch government has sent further details of its proposed online gambling legislation to the European Commission for comment. The latest submission includes details on technical standards, record-holding and reporting requirements as well as what intervention licensees will be required to take when a player shows signs of problem gambling.
The regulations state that electronic casino games must use a “reliable random number generator” that “cannot be manipulated”, while live casino games must be protected against unauthorised access and manipulation. Licensees must also refrain from using “misleading” names for licensed games. Sports betting will not be allowed on “negative events” such as yellow cards in football nor on events that have no impact on match results.
On reporting measures, the proposed legislation will require all licensees to submit annual reports that include data on the number of registered players, due diligence checks, rejected registrations, suspected integrity breaches and complaints.
The Dutch regulator Kansspelautoriteit will have the ability to request more frequent reports. Licensees will need to record information on each player’s registration, whether enhanced customer due diligence was carried out, and continual data on the total time and money each customer spends on different verticals, and data for every payment transaction.
Regarding problem gambling, the proposed regulations set out six possible ways in which operators must intervene in player activity, choosing the most appropriate measure depending on the player’s age, activity and any reaction to past interventions.
The Dutch Remote Gambling Act is due to come into force in January 2021, with licensees to launch next July.
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BF Games, a leading slot games provider, has announced its successful entry into the Brazilian market as a supplier to licensed operators. This milestone marks the company’s first step in its Latin American expansion strategy. The company views Brazil’s newly regulated online casino market as an optimal direction for its growth in the coming months.
Wiktor Grabarczyk, CEO of BF Games, commented: “We are thrilled to bring our premium game portfolio to players in this dynamic market. While Latin America represents new territory for our products, we are confident that our offerings are tailored to meet local expectations, representing a major step in our growth and presence in Brazil and the broader Latin American region.”
This expansion into Brazil follows BF Games’ successful entry into several other markets over the past year, including the Netherlands, Italy, Czech Republic, and Georgia.
Brazilian players will have access to popular titles such as Book of Gods, El Dorado Totems, Chicken Madness, Stunning Crown, Buffalo Trail, Cave of Gems and more.
Rok Hribar, CCO of BF Games and BF HUB Aggregation, committed: “Our strategic partnerships with leading operators and our role as an aggregator to our 3rd party game providers have been instrumental in our success. We are confident that our diverse portfolio will captivate players. Our substantial investments in game development and our unwavering focus on clients and players have significantly expanded our player base, surpassing our targets. We are eagerly anticipating continued growth and success in this year.”
BF Games has established itself as a prominent figure in the gaming industry, building its reputation on a commitment to creating engaging and visually stunning games. The company continues to push the boundaries of game design and technology, consistently delivering memorable gaming experiences to players worldwide.
The Brazilian market entry is a testament to BF Games’ strategic vision and dedication to growth, paving the way for further opportunities in Latin America.
The post BF Games Makes Strategic Entry into Brazilian Market appeared first on Gaming and Gambling Industry in the Americas.
Aviatrix, the hugely popular crash game, has added its latest regulated market, this time gaining the certification it needs to go live in Peru.
The certification means that Aviatrix can be offered by licensed operators in Peru for the first time.
Gabriela Novello, Director of Business Development LatAm at Aviatrix, said: “Latin America has been an important part of the Aviatrix journey so far, and we’re really excited to add another of the region’s regulated markets. Peru is a really exciting opportunity for us, and we know Aviatrix is going to perform strongly for those looking to offer intuitive and engaging gameplay to their customers.”
Peru marks the first certification in Latin America acquired by Aviatrix, with Brazil, Colombia and others to follow soon.
With an on-the-ground team and local expertise, Aviatrix is committed to providing online casino excellence to its Latin American partners.
It often runs dedicated promotions in the regions, like the new game splash that was rolled out in Brazil for the São João festival last year.
Aviatrix was also named ‘Rising Star in Casino’ at the SBC Awards Latinoamérica 2024.
The post Aviatrix’s LatAm expansion reaches Peru appeared first on Gaming and Gambling Industry in the Americas.
EGT Digital is pleased to announce its authorization to operate in Sweden. The company was granted a license from the Swedish Gambling Authority (Spelinspektionen) to manufacture, provide, install, and modify software for the online gambling industry. Now, all main products of the Bulgarian provider – the X-Nave platform and the in-house developed games, are available to the local market.
Standing out with great versatility, EGT Digital’s “all-in-one” betting platform X-Nave enables operators to build and grow a successful business online. It includes 4 main modules: Sport Product, CRM Engine, Gaming Aggregator, and Payment Gateway, offering multiple tools for creating highly personalized content that is fully tailored according to players’ tastes and requirements. Еach of the platform’s modules can be part of the complete solution or function separately, as they can be integrated with developments of third-party providers.
EGT Digital’s portfolio of games covers over 120 casino titles, including 4 jackpots: Bell Link, High Cash, Clover Chance, and Single Progressive Jackpot. Featuring a wide variety of themes, bonuses, and high winning chances, they provide rich gaming choices for different types of players and are currently among the favorites in more than 50 jurisdictions globally.
Tsvetomira Drumeva, Head of Sales at EGT Digital, commented: “Obtaining this licence is an important step for us. Thanks to it, we have the opportunity to enter the Swedish market, which is a top priority for us. This will allow us to continue our expansion into other European countries and consolidate our status as one of the preferred iGaming providers on the continent.”
The post EGT Digital received a licence for operation in Sweden appeared first on European Gaming Industry News.
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