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Compliance Updates

Spribe secures prestigious Malta licence

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Innovative game developer certified by the Malta Gaming Authority allowing it to enter additional markets and strike new operator partnerships

Spribe, the progressive and innovative casino game developer, is delighted to announce it has been awarded a licence by the Malta Gaming Authority allowing it to offer its games to more operators in more markets than ever before.

Spribe has become one of the most in-demand casino content creators since its launch back in 2018 thanks in part to its highly entertaining Turbo Games which combines elements of social media with simple but engaging gameplay, for a truly fun and entertaining player experience

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Titles under Spribe’s Turbo Games category include Aviator, Mines and Dice with each game having been built for mobile play from the get-go. They have also been designed to appeal to a younger audience than traditional slots and in particular Millennials.

Spribe offers operators a series of skill games including Poker, Backgammon, Bura, Seka and Domino. Each of the developer’s titles have been designed and built by a team of experts based out of its modern studios in Kyiv, Ukraine.

Spribe’s games have been developed using cryptographic technology called “provably fair” which means it is impossible for any third-party to interfere in the game process, taking security and trust to the next level. Games are hosted on AWS and Microsoft Azure.

The provider’s Malta licence comes just weeks after it received approval from the Great Britain Gambling Commission to partner with operators in the UK and to offer its games to players in the market for the very first time. More market launches are planned for this year.

David Natroshvili, Managing Partner at Spribe, said: “This is a significant moment in our journey to becoming one of the top casino content creators in the market, allowing us to partner with Malta licensees for the first time.

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“This will significantly increase the reach of our games, allowing us to work with more operators and to provide their players, and especially those in the Millennial demographic, with a unique, exciting and thrilling online casino experience like no other.

“The Spribe team has worked incredibly hard to get to this stage and to secure approval from the Malta Gaming Authority and armed with our licence we will continue to deploy or ambitious growth plans for this year and beyond.”

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Balkans

Bulgarian National Revenue Agency, the State Agency for National Security and the Gambling Operators Join Forces Against Money Laundering and Terrorist Financing

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The Bulgarian National Revenue Agency, the Specialised Administrative Directorate “Financial Intelligence” of the State Agency for National Security and branch organisations of the organisers of gambling operators will join efforts against money laundering and the financing of terrorism. This became clear during a working meeting, which took place on March 20 at the invitation of the Director General of the National Revenue Agency Rumen Spetsov, and his deputy Georgy Dimov.

The participants discussed the possibilities for the branch organisations of gambling operators to monitor the implementation of measures against money laundering and the financing of terrorism by their members. The talks also discussed changes in normative and sub-normative acts regulating the activity in the sector, which would lead to better accountability and guaranteed protection of the public interest.

During the meeting, it was decided that representatives of the National Revenue Agency would discuss with the branch gambling organisations issues related to the implementation of normative and sub-normative acts, providing guidelines for the correct fulfilment of obligations by gambling operators.

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“The National Revenue Agency is partner-oriented and is available to assist businesses in fulfilling their obligations by the current legislation. We highly value the commitment of industry gambling organizations in the prevention and effective fight against money laundering and terrorist financing,” said Rumen Spetsov – Director General of the National Revenue Agency.

The post Bulgarian National Revenue Agency, the State Agency for National Security and the Gambling Operators Join Forces Against Money Laundering and Terrorist Financing appeared first on European Gaming Industry News.

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Compliance Updates

Wisconsin Division of Gaming Awards Genius Sports Sports Betting Contractor License

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Genius Sports Limited, the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced that it has been certified by the State of Wisconsin Division of Gaming as a gaming-related contractor with immediate effect.

With the addition of Wisconsin, Genius Sports now holds 50 licenses or equivalent, or is otherwise permitted to operate, in North America across the U.S. states, territories, tribes and Canada powering award-winning official data, streaming, and marketing solutions for leading sportsbooks and lotteries.

“We are honored that the State of Wisconsin Division of Gaming has authorized Genius Sports to provide state-licensed sportsbooks with access to our groundbreaking NFL products and media solutions. As the majority of U.S. states legalize sports betting, Genius Sports welcomes the opportunity to work with states like Wisconsin, on providing sports fans with our exclusive official NFL sports data-powered solutions for betting,” Mark Locke, CEO of Genius Sports, said.

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Brazil

GLI® First Lab to Achieve Accreditation by the Secretaria De Prêmios e Apostas to Certify Betting Systems, Live Game Studios, and Online Games to be used by Fixed-odds Lottery Operators for Brazil

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Gaming Laboratories International (GLI®) has become the first laboratory to achieve accreditation to certify for betting systems, live game studios, and online games to be used by fixed-odds lottery operators by the Secretaria De Prêmios e Apostas (SPA) in Brazil.

The accreditation means GLI is authorized to test and certify equipment, programs, instruments, and devices that comprise betting systems, live game studios, and online games to be used by fixed-odds lottery operators for the recently enacted national regulatory regime of Brazil.

“We commend the outstanding work that SPA has done in creating a regulatory framework by adapting global best practices to their jurisdiction need and thank them for the transparency and professionalism of this laboratory accreditation process,” said Karen Sierra-Hughes, GLI Vice President for Latin America, Caribbean, and Spain. “We are grateful for the trust put in our work by Brazilian operators and suppliers in the past years in their self-regulatory efforts to voluntarily adhere to compliance processes, which puts them in the position to transition effortlessly to the rise of regulations that are in development today. We have witnessed the efforts that the government and the industry had made throughout all these years to regulate different forms of gaming and lottery, and we feel fortunate to have been part of it while sharing our global expertise and putting the local focus needed in providing support customized to the Brazil culture and particularities of this unique market. We are looking forward to being part of this very exciting time in Brazil and now finally also as an official accredited laboratory for this great country.”

GLI has been working with regulators, lotteries, and industry stakeholders across the Latin American and Caribbean region for more than 26 years in their efforts towards regulation, sustainable growth, and eradicating illegal gaming. In Brazil, GLI has been side by side with government entities and all industry stakeholders for nearly 20 years, participating in public hearings in the Senate, Chamber of Deputies, and State government level, and in recent years, adding strategic local representation to strengthen their local support.

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This milestone is the latest for GLI in Latin America. Last month, GLI became the first lab to achieve accreditation to test online gaming, wagering, and retail sports betting in Peru. Last year in Brazil, GLI was the first lab authorized to test and certify for the Lottery of Parana LOTTOPAR, and GLI will become accredited in all states where laboratory accreditation will be required in Brazil.

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