Compliance Updates

BGaming’s portfolio of online games is now fully compliant with the German regulation

Published

2 years ago

June 28, 2022

Reading Time: 2 minutes

BGaming is delighted to announce that the studio has implemented all the technical improvements required by the German market regulator and is ready to provide its iGaming content to the local operators.

BGaming’s portfolio of online slots is now fully compliant with the German regulation. The company has started supplying its high-quality games to partners working with German traffic and operating in the .de national domains.

After changes in the new Interstate Treaty on Gambling 2021, which allowed operators to provide online slots on a federal level, there were still several significant restrictions regarding the content casinos could provide to their players. The regulations related to the length of the spin, stake limit, auto-play, and other online slot performance.

BGaming has finished the adoption of its existing slots to all the required by German regulator guidelines and is ready to distribute its content to partners operating in the .de domains or working with German-located players.

The requirements BGaming added to its portfolio of games for the German market are as follows:

– Five seconds spin length;

– No autoplay feature;

– €1 per spin stake limit;

– Game’s description in German language, where the RTP must be visible.

Alexandr Shavel, Head of Business Development Department at BGaming, commented: “Thanks to BGaming’s agile technical team, we could quickly define the needs of the local operators and help them overcome the difficulties of the German regulations. We aim to strengthen relationships with German partners and will continue supplying them with the best content compliant with the local law.”

These improvements are expected to grant BGaming further content distribution to the German region and strengthen the studio’s position in regulated markets.

BGaming is a fast-growing game provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 700+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 80+ products with HD graphics and a clear user interface for every device.

Asia

Thailand Considers Limiting Gambling Areas to 5% of Total Project Space

Published

18 hours ago

May 16, 2024

Niji Narayan

thailand-considers-limiting-gambling-areas-to-5%-of-total-project-space

Reading Time: < 1 minute

The Thai government is exploring the possibility of restricting gambling areas within entertainment complexes to no more than 5% of the total project space. This proposal was revealed by Deputy Finance Minister Julapun Amornvivat, who also chairs the House committee responsible for evaluating the potential establishment of casino resorts in the country.

Amornvivat noted that the allocation of space for gaming activities within these entertainment complexes would be determined based on input from various governmental entities involved in a project.

Last month, Thailand’s cabinet approved a report from the National Assembly committee that examined the feasibility of introducing casino resorts in the country. The Ministry of Finance was tasked with conducting a 30-day study to assess the viability of implementing such a policy.

Each proposed venue would require a minimum investment of THB100 billion ($2.75 billion), according to the committee report. Amornvivat recently requested a two-week extension for the study period to further evaluate the matter in collaboration with 16 other government agencies.

The special House committee’s study focused on three main areas. First, it examined the potential impacts of introducing entertainment complexes with casinos on various aspects of Thai society, including economics, politics, social dynamics and the environment.

Second, the committee analysed the business framework of integrated entertainment venues, exploring revenue generation mechanisms such as taxes, fees and licensing structures. It recommended the implementation of specific casino taxes and the establishment of a fund aimed at addressing the negative effects of gambling activities.

Last, the report highlighted the importance of conducting a comprehensive review of the legal framework governing entertainment venues and gambling laws in Thailand. This effort aims to update existing legislation or develop new laws that align with the evolving societal landscape.

The post Thailand Considers Limiting Gambling Areas to 5% of Total Project Space appeared first on European Gaming Industry News.

Canada

Court Decision Upholds iGaming Ontario’s Model

Published

2 days ago

May 15, 2024

GamingAmericas.com

court-decision-upholds-igaming-ontario’s-model

iGaming Ontario has welcomed the decision of the Ontario Superior Court, which found that iGaming Ontario’s model is consistent with the Criminal Code and that iGaming Ontario is conducting and managing igaming in the province.

“We have always been confident in our model and are pleased that the court has ruled in our favour, and that Ontarians can continue to play with confidence in our regulated igaming market,” said Martha Otton, Executive Director of iGaming Ontario.

“Ontario’s model meets the requirements and contributes to the public good by protecting players, their data and their funds, while helping to fund priority public services in Ontario, and bringing well-paid, high-tech jobs and economic development to Ontario,” Otton added.

In dismissing the application brought forward by the Mohawk Council of Kahnawà:ke (MCK), the Superior Court found that iGaming Ontario is the “operating mind” behind Ontario’s competitive igaming market in accordance with the conduct and manage requirements of the Criminal Code.

iGaming Ontario will continue to conduct and manage igaming as it has since the launch of the regulated market on April 4, 2022.

Compliance Updates

Supremeland Gaming Continues U.S. Expansion With Supplier License Approval In Michigan

Published

2 days ago

May 15, 2024

GamingAmericas.com

supremeland-gaming-continues-us.-expansion-with-supplier-license-approval-in-michigan

Supremeland Gaming, Inc., the emerging brand in American iGaming, has gained approval for a Supplier License in Michigan, marking the company’s fourth U.S. state approval following the successful acquisition of interim approvals in Pennsylvania, New Jersey, and West Virginia.

Supremeland Gaming is approved to operate under this license and is now authorized to offer its cutting-edge innovation to the Great Lakes State. Their continued expansion underscores its commitment to pushing the boundaries of innovation in the iGaming industry.

Rickard Öhrn, CEO of Supremeland Gaming, said: “With approvals already in Pennsylvania, New Jersey, and West Virginia, our entry into Michigan underscores our dedication to serving players nationwide. We are excited about the opportunities this new market brings and look forward to delivering innovative, engaging, and responsible gaming solutions to the rapidly growing U.S. iGaming community.”

Supremeland’s game portfolio has garnered international appeal since its debut in November 2023. The innovative brand produces first-class games, including Red Panda Rising and its global debut, Munition Mine, for which its subsidiary, Powderkeg Studios, is shortlisted at the CasinoBeats Game Developer Awards.