Compliance Updates
Relax Gaming Gibraltar Ltd secures coveted UKGC licence
Relax Gaming, the igaming aggregator and supplier of unique content, has seen its Gibraltar company, Relax Gaming Gibraltar Ltd, approved by the UK Gambling Commission, signalling further growth opportunities in one of the world’s strongest markets.
The approval will see Relax’s roster of quality casino games made available to UK operators through its Gibraltar arm. Another milestone in the company’s impressive recent growth, Relax has already successfully transferred operator partners Boylesports, 32Red and BetVictor onto its Gibraltar network, with Entain’s UK brands, including Ladbrokes and Coral, amongst the next to follow suit.
The new licence is the company latest, following its approval from the Gibraltar licensing authority and in parallel of the group other companies licences with the Malta Gaming Authority, the United Kingdom Gambling Commission and the Romanian National Gaming Office, multiplying the points of supply for the regulated markets.
The expansion further into the UK comes as Relax continues to strengthen its position in regulated markets including the Nordics, another key market renowned for its discerning player-base. Its performance there was recognised earlier this year with an EGR Nordics Casino Content Supplier award, further highlighting Relax’s status as an in-demand provider in regulated territories.
Commenting on the acquisition of the UKGC licence, Tommi Maijala, Relax Gaming CEO, said:
“Following a fruitful relationship with the UKGC through our Malta-based company, having all our products and services approved for our Gibraltar branch is another major commercial highlight for us. Its significance will be felt across the business, including by our valued third-party partners.
“This licence acquisition represents fresh opportunity in our drive to deliver excellence and growth across all regulated markets.”
Relax Gaming has an established reputation as one of the industry’s leading B2B suppliers, providing its partners with an award-winning portfolio of more than 2000 online casino games.
As well as featuring headline slots from its in-house studios, Relax Gaming also offers a vast collection of content aggregated through its Silver Bullet and Powered By Relax partnership programmes.
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The Spanish gaming regulator (DGOJ), in collaboration with the Public Treasury and the Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offences (Sepblac), has held the first Sectoral Conference on the prevention of money laundering and terrorist financing with online gaming operators.
The meeting, which took place at the headquarters of the DGOJ on February 6, brought together representatives of authorised online gaming operators and regulatory and supervisory bodies to address current challenges in the prevention of money laundering, related to the area of regulatory compliance and the main risks of the activity.
The meeting was inaugurated by Mr. Mikel Arana, Director General of Gaming Regulation, together with Ms. Irene Sánchez Pérez, advisory member of the Public Treasury.
Arana then moderated the various presentations in which leading experts from Sepblac, the Financial Intelligence Unit and the Supervisory Authority for the Prevention of Money Laundering and the Public Treasury analysed the latest regulatory developments and sanctions at European and international level, presented the main findings in inspections of operators and spoke about the role of financial intelligence in the prevention and detection of risky operations, among other topics.
This was followed by a round table discussion, attended by experts such as Alberto Navarro, deputy assistant director of inspection at the DGOJ, and representatives of Sepblac and the Public Treasury, where the questions and doubts raised by online gaming operators were resolved.
The post DGOJ Holds Conference on Prevention of Money Laundering appeared first on European Gaming Industry News.
Grupo Aposta Ganha, the fastest-growing Brazilian sports betting and online gaming platform, has been officially authorised to operate fixed-odds lottery betting in Brazil. The license covers sports-themed and online gaming and consolidates the company’s commitment to a fully regulated and responsible betting market. The Secretariat of Prizes and Betting of the Ministry of Finance issued the license that runs until December 31, 2029.
Grupo Aposta Ganha has strengthened its position as a leading force in Brazil’s rapidly expanding gaming industry, complying with Law No. 13,756/2018 and Law No. 14,790/2023, which govern fixed-odds betting in the country.
With registration number 0022 in the Betting Management System (Sigap), Aposta Ganha is one of the first to be licensed under the Secretariat of Prizes and Betting (SPA), part of the Ministry of Finance.
Aposta Ganha is fully committed to Responsible Gaming, instilling these values into every aspect of its operation even before the SPA’s stringent measures were outlined.
Ramon Lima Grupo Aposta Ganha CEO, said: “Securing our license is the culmination of hard graft and collaboration with the Secretariat of Prizes and Betting (SPA) under the Ministry of Finance. Operating within a regulated Brazilian market has always been our goal, and we’re extremely pleased to play a key role in supporting a sustainable betting market in our country.”
The post Grupo Aposta Ganha Secures Fixed-Odds Betting License in Brazil appeared first on Gaming and Gambling Industry in the Americas.
Imagine Live, the live casino provider has been approved by ONJN – the Romanian regulator
Imagine Live is thrilled to announce that it has successfully obtained the Class II license in Romania through its subsidiary ImagineLive Ro for the streaming of Live Casino games.
Martin Martirosyan Imagine Live Group CEO, commented: “Imagine Live is an established brand committed to delivering exceptional products and gaming experiences by putting the player at the centre of the live gaming experience. Imagine Live is equally committed to providing premium and customised live dealer solutions with bespoke tables and studios for our Romanian operator partners to ensure a complete brand experience that players enjoy and return, which drives deeper engagement and revenue opportunities.
The successful regulatory Class II approval from the Romanian ONJN regulatory authority further underpins our company’s growth plans and investments for state-of-the-art live dealer studios and customised live dealer product experiences.”
The post Imagine Live Receives ONJN License appeared first on European Gaming Industry News.
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