Compliance Updates
PA Gaming Control Board Renews License for Wind Creek Bethlehem Casino
The Pennsylvania Gaming Control Board (Board) unanimously voted to renew the Category 2 stand-alone casino license of Wind Creek Bethlehem LLC, operator of Wind Creek Bethlehem casino in Northampton County.
In making the decision, the Board determined that Wind Creek Bethlehem LLC had fulfilled the obligations under its previously approved casino operator’s license and therefore qualified to have its license renewed for an additional five-year period.
The decision to renew the license was based on a process utilized by the Board that enables both the operator and the public to provide information relevant to the renewal decision. A public input hearing was held in July 2024 in the casino’s host municipality, the City of Bethlehem, where personnel of Wind Creek Bethlehem submitted exhibits and presented testimony on various aspects of the facility’s operation since its last license renewal was granted. The public was also permitted to provide testimony about the casino and its impact in the community.
In reaching its decision, the Board also received information from local government officials, community groups and the PA State Police, along with the Gaming Control Board’s Office of Enforcement Counsel, Bureau of Investigations and Enforcement, Office of Compulsive and Problem Gaming, and Bureau of Casino Compliance.
Additionally, a public hearing was held in Harrisburg to permit Board members to further question Wind Creek Bethlehem LLC representatives about any remaining issues prior to voting on the renewal.
Since its opening in May 2009 through September 2024, Wind Creek Bethlehem has generated over $7 billion in revenue from the play of retail slot machines and table games, sports wagering and iGaming, and has returned to the Commonwealth a total of $2.9 billion from tax revenue, assessments and fees. Wind Creek Bethlehem currently operates 2318 slot machines, 202 table games and a 20-table poker room while providing employment to 2242 persons directly or through third-party tenants in the events center, food and beverage outlets or retail stores. 94% of those employees are Pennsylvania residents.
Golden Matrix Group, Inc. (Nasdaq: GMGI) is pleased to announce that its subsidiary Meridianbet has received formal notice from Brazil’s Ministry of Finance, through its Secretariat of Prizes and Betting (SPA) division, that it may proceed with the licensing process to operate in the country. This critical milestone affirms Meridianbet’s compliance with Brazil’s regulatory requirements and marks a significant step toward entering one of the world’s most promising gaming markets.
The notice enables the company to move forward with paying the licensing fee and submitting additional documentation, including proof of certification.
Meridianbet has already allocated the necessary funds to finalize the licensing payment and will now move forward with fulfilling all conditions to ensure its place on the list of licensed operators authorized to serve Brazilian customers beginning January 1, 2025.
“We are thrilled to be moving forward with an operating license in Brazil and are committed to swiftly meeting the final requirements set forth by the government,” said Brian Goodman, CEO of Golden Matrix Group. “The Brazilian market represents an extraordinary growth opportunity and a key milestone in our global expansion strategy. We are confident that entering the Brazilian market will lead to2025 being a transformational year for the company as we establish a strong presence in one of three most dynamic global growth markets. This milestone reinforces our strategy of entering regions with high growth potential while continuing to deliver gaming experiences that set new quality standards for the industry.”
Golden Matrix is committed to maintaining the highest standards of compliance and innovation, and intends to strengthen its presence in Brazil over the near and long term while continuing to deliver value to its stakeholders.
Compliance Updates
EGT obtained World Lottery Association Security Control Standard: 2020 Level 2 Certification
EGT is proud to announce that it is already a member of the World Lottery Association (WLA), having successfully attained certification under its security standard WLA Security Control Standard: 2020 (WLA-SCS:2020) Level 2. This standard defines the requirements for information and operational security, as well as ensuring the integrity of the activities in the lottery and sports betting industries.
The main subject of the certification is EGT’s VLT solutions. To receive this designation, the company completed a two-stage process. First, it covered the requirements of the international standard for information security management systems ISO/IEC 27001 at the end of 2023. After that, it met additional lottery-focused security requirements set by WLA.
Mr. Vladimir Dokov, CEO of EGT, commented: “This achievement recognizes EGT’s commitment to sustainable development. It reaffirms our position as a leader in information security and underscores our ongoing dedication to creating products that meet the criteria of international accrediting institutions.”
The post EGT obtained World Lottery Association Security Control Standard: 2020 Level 2 Certification appeared first on European Gaming Industry News.
The licence extends Thunderkick’s Danish content provision to 2029
Independent slots studio Thunderkick has obtained a B2B licence from the Danish Gambling Authority (Spillemyndigheden).
The new licence is valid from 1st January and will enable Thunderkick to continue distributing its games to Danish operators through to 2029.
Thunderkick is among the first game suppliers to be granted the newly introduced licence, allowing the studio to maintain and grow its market presence in the coming year.
The Stockholm-based company currently offers its games across several major regulated European markets, and the extension of its commercial operations in Denmark highlights Thunderkick’s dedication to becoming a prominent provider of distinctive content on its home continent.
Wan Kim, Chief Compliance Officer at Thunderkick, said: “Thunderkick continually strives to amplify its position in Europe, partnering with leading operators across target markets to enhance brand visibility and increase our player base.
“Obtaining a B2B licence has been a focus since the Danish Gambling Authority announced the new regulations earlier this year, and our application’s success emphasises the quality of Thunderkick products and our unwavering commitment to adhering to consistently updating regulations.
“The licence will facilitate our continued growth in Denmark, where some of the country’s biggest operators offer our unique content to local players.”
The post Thunderkick secures new Danish supplier licence appeared first on European Gaming Industry News.
-
Australia6 days agoAustralia’s Government Delays Gambling Ad Ban
-
GiG6 days ago
GiG Expands Global Reach, Bringing Successful Partnership with LuckDays into Mexico for the First Time
-
Balkans6 days ago
SYNOT HAS BEEN GRANTED LICENSE FOR THE BULGARIAN MARKET
-
Awager6 days ago
awager Partners with Loto-Québec to Launch Advanced Live-Stream Slot Solution
-
Compliance Updates5 days ago
Superbet Becomes the First Regulated Bookmaker in Brazil
-
Australia5 days ago
Ainsworth Expects Increase in H2 Revenue
-
Alex Fonseca CEO Superbet Brazil5 days ago
GeoLocs Partners with Superbet for Launch in Brazil’s Newly Regulated Online Gaming Market
-
Compliance Updates5 days ago
VNLOK and NOGA Launch Reporting Centre for Illegal Online Gambling
