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European Gaming Congress 2024

Compliance Updates

IDnow introduces automated identity verification for highly regulated use cases

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IDnow enables an automated identity verification solution for highly regulated use cases, complying with Anti-Money-Laundering-Law in Europe, including Germany.

IDnow, a leading European Platform-as-a-Service provider for identity verification, is expanding its automated solution AutoIdent for additional highly regulated use cases, including areas regulated by the Anti Money Laundering Act (AML/GwG), such as banks and financial service providers.

IDnow AutoIdent is an AML Act compliant identity verification solution that operates as an automated process and meets the high-security requirement. It serves a wide range of industries and use cases, such as opening a bank account, signing a loan agreement, or onboarding a player for online gaming. Taking advantage of a Qualified Electronic Signature (QES) and existing online bank accounts of the user, it seamlessly blends state-of-the-art technologies with existing identity and banking data into an easy, secure and fully compliant identity verification process.

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IDnow AutoIdent including QES, is certified by a conformity assessment body and is approved by an EU Member State National Regulator for issuing QES (Qualified Electronic Signature) according to eIDAS Regulation Article 24 (1) d). The process can include a one-cent-bank transfer, turning it into a fully compliant remote onboarding solution in accordance with the German AML Act – Geldwäschegesetz (GwG), under Section §12 sentence 1 Nr 3. According to the AML law, automated identity proofing in connection with a reference transaction is permitted, pursuant to Article 32 eIDAS.

“Our belief in providing an advanced identity verification platform which increases security improves conversion and streamlines our customers’ onboarding process across geographical borders drives us forward. By making our automated solution AML-compliant with additional regulations, our customers can offer a faster process and therefore a better user experience while ensuring high security and regulatory standards. This gives our customers, who operate in a constantly evolving environment, the peace of mind and the flexibility to choose the solution that meets their needs best,” says Andreas Bodczek, CEO at IDnow.

The IDnow platform, which includes AutoIdent as a building block, effortlessly orchestrates all necessary components into a seamless, secure and AML-compliant identity verification.
Depending on the customer’s needs, the onboarding process offers total flexibility. Further components of the IDnow platform can added, e.g., eSign, the add-on for the digital contract signing opening up additional use cases such as taking out a consumer loan in a wholly digital process.

In recent years, IDnow has expanded its role far beyond offering specific identity verification products and has become an overarching platform for digital identities with several million transactions per year, used by over 800 customers worldwide. In 2021, IDnow acquired the French market leader for identity technology, ARIADNEXT, and the German identity Trust Management AG, enabling IDnow to offer its customers one of the broadest identification solutions through a single, integrated platform.

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Compliance Updates

Booming Games Receives Danish License Approval

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Booming Games, a rapidly expanding provider of iGaming content, has successfully secured a Danish Gambling Authority (Spillemyndigheden) license, marking a major milestone in the company’s efforts to broaden its presence across Europe.

Booming Games has officially secured its B2B gaming license from the Danish Gambling Authority (DGA), enabling the company to supply its renowned content to licensed gambling operators across Denmark. Danish players can now enjoy popular titles such as Burning Classics, TNT Bonanza, Cash Pig, Buffalo Hold and Win Extreme, and Gold Gold Gold.

This achievement marks a significant milestone in Booming Games’ strategic expansion into the European market. By obtaining the DGA license, the company strengthens its position as a leading iGaming content provider and unlocks new opportunities within the region. With the Danish license complementing its existing portfolio of certifications, Booming Games is poised to deliver outstanding gaming experiences to players throughout Europe.

Frederik Niehusen, Chief Commercial Officer at Booming Games, said: “We are excited to announce the acquisition of our full Danish B2B gaming license. This milestone further expands our presence in the fast-growing Danish market. It positions us to leverage our strengths and enhance our product portfolio to meet our customers’ needs better.”

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Compliance Updates

Stakelogic Secures License to the newly regulated Danish market

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Industry-leading provider secures license to provide slots and live content in Denmark

Award-winning casino content provider Stakelogic has obtained a license from the Danish Gambling Authority, Spillemyndigheden, to provide its gaming content in Denmark.

The license will allow Stakelogic to bring its premium portfolio of online casino slots and live dealer content to the Danish market, including recent releases like Fire and Gold Cluster Breaker, Super Wheel Game Show, Trident of Legends, and The Watcher.

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Stakelogic is able to partner up with leading Danish operators, establishing itself as a must-have provider in the country. The move further highlights Stakelogic’s commitment to strengthening its position in the European market and exploring new and exciting regulated markets.

The license also further cements the company’s presence in the Scandinavian markets, having secured a license from the Swedish authority, Spelinspektionen, in 2023 and establishing itself as a popular provider among Swedish players.

Denmark is one of Europe’s fastest-growing markets, with a strong focus on customer care and responsible gambling. Stakelogic is proud to have met all the requirements needed to obtain the license, highlighting its commitment to providing players with the best and safest gaming experiences.

Stephan van den Oetelaar, CEO at Stakelogic, said: “Denmark is one of the fastest growing markets in Europe, and we are proud to have achieved a license to the newly regulated market.

We are grateful to Spillemyndigheden for their support in us and we are excited to take our next steps into the market.”

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Compliance Updates

UKGC Appoints Charles Counsell OBE as Interim Chair

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Charles Counsell OBE has been appointed as Interim Chair of the UK Gambling Commission (UKGC) for a nine month term which will commence on 1 February 2025.

Charles was Chief Executive Officer of The Pensions Regulator from April 2019 to March 2023. Prior to this he was CEO of the Money Advice Service, and Executive Director of Automatic Enrolment at The Pensions Regulator.

As CEO of The Pensions Regulator, Charles developed the new corporate strategy to put the pension saver at the heart of the Regulator. He delivered their first Equality, Diversity and Inclusion Strategy and Climate Change strategies – both focused on driving change in the regulator and across the Pensions Sector.

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Throughout his career, his roles have focused on setting up and delivering large change programmes requiring significant stakeholder relationship engagement: initially in the private sector and latterly in senior public sector appointments.

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