Compliance Updates
1X2 Network secures Greece supplier license
Games from our Iron Dog Studios and 1X2gaming subsidiaries have been certified for launch in the newly regulated market.
1X2 Network, our award-winning casino content provider and aggregator, has been granted a license by the Hellenic Gaming Commission (HGC) to launch its full suite of games into the newly regulated Greek market.
The A2 Greece license will allow the 1X2 Network to offer games developed by our Iron Dog Studios and 1X2gaming subsidiaries to Greek licensed operators for the first time as we continue to deploy our strategy of obtaining certifications in regulated markets around the world.
This means that Greek players will be able to access titles including 1 Million Megaways Jack, Smoking Hot Fruits, Battle Maidens Cleopatra and the just-launched Rock the Reels Megaways product.
Branded Megaways slots, taking player engagement and loyalty to the next level. It has proved to be a hugely popular concept with more than 60 Branded Megaways
1X2 Network has built a formidable reputation for developing online casino content that combines striking design with smart math and complex mechanics. This ensures a fun, entertaining and ultimately thrilling experience across all games.
Our titles are live with more than 300 casino brands in regulated markets around the world thanks to certifications held in key jurisdictions including the UK, Isle of Man, Malta, Gibraltar, Sweden, Spain, Colombia and Italy with more to follow.
Kevin Reid, Chief Commercial Officer here at 1X2 Network, said: “We are honored to have been awarded a license by the Hellenic Gaming Commission, allowing us to offer our full suite of games from Iron Dog Studios and 1X2gaming to operators in the newly regulated Greek market.
“This forms part of wider plans to secure certifications in regulated markets around the world, bringing our award-winning content to more operators and players than ever before. We really are on a role with our latest titles, which have become firm player favourites.
“We are also excited to be able to bring Branded Megaways titles.”
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ACMA
ACMA Blocks More Illegal Online Gambling Websites
The Australian Communications and Media Authority (ACMA) has requested the Australian internet service providers (ISPs) to block more illegal online gambling sites, after investigations found these services to be operating in breach of the Interactive Gambling Act 2001.
The latest sites blocked include:
Lucky Mate
Vegastars
Wombet
Cosmobet
Fortune Play
Fortunica
Rolletto
Velobet
Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request in November 2019, 1518 illegal gambling and affiliate websites have been blocked. Over 220 illegal services have also pulled out of the Australian market since the ACMA started enforcing new illegal online gambling rules in 2017.
The post ACMA Blocks More Illegal Online Gambling Websites appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
3 Oaks Gaming
3 Oaks Gaming Enters Spanish Market
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.
Compliance Updates
Dutch Regulator KSA Warns Operators Over “Early Payout” Feature
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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