Compliance Updates
SOFTSWISS Expands to Greece

SOFTSWISS is excited to announce that the brand recently received the Greek gaming licence for Online Casino operation from the Hellenic Gaming Commission. This marks a new stepping stone for SOFTSWISS as it gains a foothold to operate in the regulated Greek market. It is the latest in a series of national licences awarded to SOFTSWISS.
In February 2021, the brand received the national licence in Nigeria The Greek gaming licence was received earlier last month with SOFTSWISS already finalising its very first project N1CASINO.GR on the Greek iGaming arena.
The licence allows for local operation in Greece for players with Greek passports and IDs as well as those holding local Greek bank accounts. This major milestone will now allow to further strengthen the SOFTSWISS market presence in Europe, as well as establish new partnerships and boost existing ones.
The very first project announced to launch very soon this year – N1CASINO Greece. The project forms a part of N1 Partners Group. The licensed online casino brand plans to integrate sports betting at later stages. The client’s team is in final stages before going live and is announced to be released in the next few months.
Ivan Montik, Founder of SOFTSWISS, notes: “It’s a tremendous landmark and an amazing achievement for us to receive the Greek gaming licence to be able to do business in a regulated national market and expand our reach! It’s even more exciting to be officially announcing our very first client for the Greek region to be N1CASINO Greece. We’ve recently made strategic moves to fast-developing markets like Nigeria and are now establishing ourselves more in the European continent. It is opening new horizons for us and we’re ready to go for it. SOFTSWISS is not only planning on doing business in Greece but also making a positive impact through charity and corporate social sustainability efforts in the country.”
About SOFTSWISS
SOFTSWISS is an international tech brand supplying widely acclaimed, certified software solutions for managing iGaming operations. SOFTSWISS holds a number of gaming licenses, providing a “one-stop-shop” white label solution by taking care of all technical, legal, and financial processes on behalf of its customers. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, an affiliate platform, and a recently launched sportsbook platform. In 2013 SOFTSWISS was the first in the world to introduce a bitcoin-optimized online casino solution. The company has thus been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming.
Powered by WPeMatico
Compliance Updates
Imagine Live Receives ONJN License

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.
Compliance Updates
Livespins levels up with Malta licence

Live streaming game provider awarded supplier licence from the Malta Gaming Authority with operator deals and new market launches to follow
Livespins, the live-streaming game provider that sits within the casino lobby, is now the proud holder of a supplier license from the Malta Gaming Authority (MGA).
Securing MGA approval is a milestone moment for the award-winning Livespins, which can now offer its socially-charged Bet With Streamers game to operators licensed by the regulator.
This significantly increases Livespins’ addressable audience both in terms of the number of operators it can work with and the markets it can enter.
Livespins has transformed the online casino space with its Bet With Streamers game, which allows operators to tap into the huge demand for streaming content.
Not only do players get to watch streamers fire up the reels on blockbuster slots from the biggest studios, but they can also bet with the streamers.
This creates a group bet and a shared experience but with each player able to select their own bet and number of spins. If the streamer wins, they win. It’s that simple.
Social engagement is at the heart of the Livespins experience with players able to chat with the streamer and each other throughout – they can even drop reactions, emojis and gifs.
This helps to build a community around Bet With Streamers and also the operator’s brand, allowing online casinos to unlock unprecedented retention rates as players keep coming back for more.
Because Livespins sits within the casino lobby, players are given all of the responsible gambling and safe gaming tools required under the operator’s local and international licences.
Michael Pedersen, Chief Commercial Officer at Livespins, said: “We are thrilled to have secured a supplier licence from the Malta Gaming Authority which is a testament to the quality of the product and experience we provide, and how it aligns with the regulator’s goals regarding responsible gambling.
“Malta licences are highly valued, allowing suppliers to engage with a large number of operators in markets across the world. With our licence in hand, we will now be striking deals with tons of MGA operators and taking the Livespins revolution to even more markets across the world.”
The post Livespins levels up with Malta licence appeared first on European Gaming Industry News.
Australia
Western Australia Increases Penalties to Strengthen Gambling Laws

The Government of Western Australia (WA) has increased enforcement powers and penalties to bolster the regulation of WA’s gambling industry through law reform.
The reforms address the findings and recommendations of the Perth Casino Royal Commission which found that the legislation needed to be modernised to be fit for purpose.
Amendments include significant increases in a range of penalties when there is a failure to comply with gambling laws and directions issued by the Gaming and Wagering Commission (GWC).
Gaming and Wagering Commission Chair Gary Dreibergs said: “I welcome the reforms which will greatly assist the Gaming and Wagering Commission in our important task to enforce gambling laws and disrupt illegal gambling in WA.
“The substantial increase in penalties will act as a more effective deterrent and a more appropriate punishment for law breakers who may regard current lower penalties as an acceptable risk when they consider the profits that can be made from subverting the laws.
“The extra powers for the GWC will help to significantly boost our ability to carry out successful investigations and prosecutions to stamp out illegal activity, which often attracts money launderers and organised crime gangs.”
The post Western Australia Increases Penalties to Strengthen Gambling Laws appeared first on European Gaming Industry News.
-
Australia7 days ago
Regulating the Game Adds Session “Industry Collaborations in Research” to Provide Guidance for Best Practices
-
BETANO7 days ago
Playson strengthens its footprint in Brazil with series of strategic partnerships
-
Eastern Europe7 days ago
GGBET UA is the official sponsor of FC Dynamo Kyiv’s winter training camp
-
Blueprint Gaming5 days ago
Blueprint Gaming partners with Rush Street Interactive to further expand Ontario reach via BetRivers platform
-
Africa6 days ago
Tom Horn Gaming partners with Aardvark Technologies to expand into South Africa
-
Australia6 days ago
Regulating the Game Announces Sportradar’s Donata Szabo as Third Conference Chair
-
Antonina Ivanova Head of Legal & Compliance at BGaming7 days ago
BGaming Secures Approval for Brazil
-
HG Vora Capital Management LLC7 days ago
PENN Entertainment Confirms Receipt of Director Nominations