Compliance Updates

Stakers Exits UK Market

Published

4 years ago

May 18, 2021

Reading Time: 2 minutes

Online betting and casino brand Stakers has surrendered its UK gambling licence and has ceased all operations, following the dismissal of its appeal against its licence suspension.

First-Tier Tribunal Judge Aleksander issued a written decision dismissing Stakers’ appeal against the suspension of its licence.

The firm’s initial application to appeal had been refused by the Tribunal, and so by the time of the hearing its remote casino operations in the UK had been “effectively extinguished”.

Stakers’ licence was initially suspended by the UK Gambling Commission (UKGC) in March 2020 due to a “number of compliance issues,” under sections 116 and 118 of the 2005 Gambling Act.

The UKGC subsequently informed Stakers that it should advise players not to place any bets through the website, and should also support customers in withdrawing funds in their accounts.

Throughout the appeal process, a “significant number of regulatory issues and alleged compliance failings” were addressed, whilst Stakers questioned whether the Gambling Act permitted the UKGC to compel operators to participate in compliance assessments via Skype.

The judge concluded that he considered assessments conducted over Skype to be lawful for production of documents and records, but also found that UK gambling legislation does not require operators to display live operational environments to the UKGC via the platform, and firms are also not required to provide test accounts.

Additionally, although evidence of compliance failings could be a criminal offence under the Act, the Judge ruled that Commission officers were not required to caution individuals under the Police and Criminal Evidence Act prior to recorded compliance assessments undertaken via Skype.

Richard Williams, the solicitor from Joelson law firm who represented Stakers, noted that a total of 12 months had passed since the company’s licence was initially revoked, including the six months between the final hearing and the Tribunal’s decision – which damaged Stakers’ chances of maintaining its operations.

He remarked: “Operators whose licence has been suspended, even where they do not agree with the Commission about alleged regulatory failings, will understand that appealing a suspension to the First-tier Tribunal may not be a viable option if they want to keep their business open.”

Asensi Technologies

Asensi Technologies Obtains Accreditation as an Online Gaming Laboratory in Malta

Published

21 hours ago

November 13, 2025

George Miller

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Reading Time: 2 minutes

The Malta Gaming Authority (MGA) has officially recognized Asensi Technologies as a System and Compliance Audit Service Provider, thereby granting the company authorization to conduct technical audits (System Audits) and regulatory compliance reviews (Compliance Audits) on online gaming systems operating under Maltese jurisdiction.

Following a rigorous accreditation process, Asensi Technologies expands its international presence and demonstrates its ability to meet the demands of a sector that is constantly growing and evolving.

“Malta, one of the leading international hubs for the online gaming industry, represents a strategic step in the company’s global expansion,” states Teté Asensi, CEO of the company.

“This recognition is particularly gratifying as it strengthens our position as a specialized laboratory for the evaluation and certification of online gaming systems in a key market such as Malta, and reflects further confidence in our work,” she adds.

Since its accreditation in 2017 by the Dirección General de Ordenación del Juego (DGOJ) as an authorized laboratory in Spain, Asensi Technologies has maintained a strong commitment to technical excellence and regulatory compliance, earning recognition on numerous occasions as one of the best service providers in the sector within the country.

Over the past year, the company has embarked on an international expansion process, achieving official accreditation from MINCETUR to operate in Peru, recognition from the Kahnawake Gaming Commission in Kahnawake, and now this milestone in Malta, where it expects to replicate the positive results already recorded in the three jurisdictions where it currently operates.

CEO Teté Asensi highlights the significance of obtaining these accreditations and international recognition for a company like Asensi Technologies: “We are extremely proud of this new achievement. We are a boutique laboratory undergoing rapid expansion thanks to a highly qualified and committed team capable of offering a close and personalized approach to our clients, accompanying them throughout their processes with tailored solutions that meet their needs. This milestone reflects and acknowledges all our effort and dedication,” she concludes.

The post Asensi Technologies Obtains Accreditation as an Online Gaming Laboratory in Malta appeared first on European Gaming Industry News.

Australia

SkyCity Announces Renewal of Queenstown Casino Licence

Published

2 days ago

November 12, 2025

Niji Narayan

skycity-announces-renewal-of-queenstown-casino-licence

Reading Time: < 1 minute

SkyCity Entertainment Group Limited confirmed that the New Zealand Gambling Commission has granted SkyCity Queenstown Limited with a renewal of its casino venue licence for a further 15 years from 7 December 2025, pursuant to section 134 of the Gambling Act 2003.

SkyCity Chief Executive Officer, Jason Walbridge, said: “We’re delighted with this outcome. We look forward to continuing to play our part in Queenstown’s fantastic range of entertainment for both locals and visitors.”

The post SkyCity Announces Renewal of Queenstown Casino Licence appeared first on European Gaming Industry News.

Betsson Group

Betsson Group Shortlisted at the Global Regulatory Awards 2025

Published

3 days ago

November 11, 2025

Niji Narayan

betsson-group-shortlisted-at-the-global-regulatory-awards-2025

Reading Time: < 1 minute

Betsson Group has been shortlisted for “Legal Team of the Year” at the upcoming Global Regulatory Awards 2025 (GRAs), while its General Counsel, Corinne Valletta, has been nominated for “Chief Compliance Officer of the Year.”

Organised by Vixio Regulatory Intelligence, the Global Regulatory Awards celebrate excellence across the compliance and responsible gambling sectors, recognising individuals and teams who continuously raise industry standards and champion best practices.

These accolades testify to Betsson’s commitment to raising standards in compliance to ensure a safe and stable business.

The post Betsson Group Shortlisted at the Global Regulatory Awards 2025 appeared first on European Gaming Industry News.