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Compliance Updates

Stakers Exits UK Market

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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.”

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3 Oaks Gaming

3 Oaks Gaming Enters Spanish Market

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3 Oaks Gaming, an established distributor of iGaming content, has entered the Spanish market after securing certification to supply its slot portfolio in the region.

This approval enables Spanish-licensed operators to integrate more than 20 of 3 Oaks Gaming’s games, bringing some of the distributor’s most recognised slots to local players.

Certified titles available include recent releases such as 4 Pots of Egypt: Hold and Win, Rush for Gold, and Egypt Power. The portfolio showcases 3 Oaks Gaming’s signature Hold & Win mechanic alongside Scatter Pays and its increasingly popular 3 and 4 Pot models, delivering engaging gameplay certified for the Spanish market.

Securing the Spanish certification represents a significant step in 3 Oaks Gaming’s ongoing European growth strategy, supporting its expansion across established and regulated markets.

By entering Spain with a robust, fully approved portfolio, the distributor underlines its commitment to compliance while offering operators content that is aligned with local market requirements and player preferences.

Krasimir Pankovski, Head of Sales at 3 Oaks Gaming, said: “Spain is a strategically important regulated market for us, and obtaining certification here marks an important milestone in our growth journey. By launching a diverse range of certified titles, we are giving Spanish-licenced operators the flexibility to offer engaging content while meeting the highest regulatory standards.”

The post 3 Oaks Gaming Enters Spanish Market appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Compliance Updates

Dutch Regulator KSA Warns Operators Over “Early Payout” Feature

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The Dutch Gambling Regulator (KSA) has contacted several online sports betting providers regarding incomplete information about the “early payout” feature. The “early payout” feature allows a bet to be considered won before the match has officially ended. This feature is not available in the event of a draw. The KSA found that several providers failed to communicate this sufficiently, making it appear as if players could also use this option for draws.

Early payout

The Early Payout feature allows players to declare their bet a winner if their team has a two-goal lead during the match, regardless of the final result. The odds for Early Payout bets are lower than those for regular bets. The problem arises when this option appears to be offered for draw bets, as there is no team with a lead.

Unclear information leads to confusion

Providers also promote lower odds for draws under the “early payout” feature. The providers’ terms and conditions then state that early payouts are not possible for draws, but this isn’t always clearly communicated when placing the bet. This creates confusion among players, who may assume that early payouts also apply to draws.

Obligation to provide clear information

Providers are required to provide clear and understandable information about the possible outcomes of a bet, including the associated terms and conditions. The KSA determined that providers were not complying with this obligation when providing information about the “early payout” feature. Providers that offer this feature have been contacted and have improved their communication so that players are now more clearly informed about the limitations of early payout for bets on draws.

The post Dutch Regulator KSA Warns Operators Over “Early Payout” Feature appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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3 Oaks Gaming

3 Oaks Gaming Secures Registration from MINCETUR to Enter the Regulated Peruvian Market

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3 Oaks Gaming, an established distributor of iGaming content, has expanded its footprint in the Latin American market after securing registration from MINCETUR, allowing the company to supply 56 of its titles in the regulated Peruvian market.

This approval permits Peru-licensed operators to integrate a range of 3 Oaks Gaming titles, bringing some of the distributor’s most recognised and top-performing games to local players.

The registration marks an important step in 3 Oaks Gaming’s broader LatAm expansion strategy. By entering Peru with a fully approved portfolio, the distributor continues to strengthen its presence in regulated markets and support operators with localised content tailored to regional player preferences.

Krasimir Pankovski, Head of Sales at 3 Oaks Gaming, said: “Peru is one of the most dynamic regulated markets in LatAm, and achieving registration here significantly enhances our regional footprint.”

The post 3 Oaks Gaming Secures Registration from MINCETUR to Enter the Regulated Peruvian Market appeared first on Americas iGaming & Sports Betting News.

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