Compliance Updates
UK’S BGC WELCOME PAUL SCULLY MP AS NEW GAMBLING MINISTER
Standards body the Betting and Gaming Council has congratulated Paul Scully MP on his appointment as Minister responsible for the betting and gaming industry.
BGC chief executive Michael Dugher also congratulated Michelle Donelan MP on her re-appointment to the Cabinet and encouraged both to continue engagement with the industry to find the right balance in the upcoming Gambling Review.
Mr Dugher also paid tribute to outgoing Gambling Minister, Damian Collins MP, who had been leading the Gambling Review and who has now returned to the backbenches.
Paul Scully was previously a Minister of State at the Department for Levelling Up and will also continue in his role as Minister for London.
The Betting and Gaming Council was established in 2019 and represents over 90 per cent of retail betting shops, online betting and gaming operators, casinos and bingo operators. As the single industry body, we work with our members, large and small, to raise standards, create a culture of safer gambling and build public and institutional trust in our world class industry.
Every month some 22.5 million adults have a wager, whether that’s on horse racing, playing the lottery, bingo or casino games, or having a bet on the football and other sports.
We are encouraged by the latest figures from the Gambling Commission which shows the rate of problem gambling among adults in the UK remains low by international standards at 0.3 per cent, down from 0.4 the year previous.
Michael Dugher said: “On behalf of the 119,000 people whose jobs are supported by our members – from the high street to hospitality, from tourism to world-leading British tech – I’d like to congratulate both Paul Scully MP on his new role and Michelle Donelan MP on her re-appointment as Secretary of State for DCMS. Our industry generates £4.5bn in taxes for the Treasury and contributes £7.7bn for the economy in gross value added.
“We are ready to work with DCMS to help find carefully targeted, proportionate measures which achieve the right balance. We want to continue to drive big changes and drive higher standards on safer gambling to better protect the most vulnerable, whilst at the same time ensuring that the 22.5 million punters who enjoy a flutter each month, perfectly safely and responsibly, have the freedom to do so.
“I’d also like to pay tribute to Damian Collins MP, the widely respected outgoing minister who was leading on the Review, for his willingness to engage with the industry and understand the contribution we make to the economy.”
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Compliance Updates
Stakelogic Secures License to the newly regulated Danish market
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.
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.”
The post Stakelogic Secures License to the newly regulated Danish market appeared first on European Gaming Industry News.
Compliance Updates
UKGC Appoints Charles Counsell OBE as Interim Chair
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.
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.
The post UKGC Appoints Charles Counsell OBE as Interim Chair appeared first on European Gaming Industry News.
Compliance Updates
SYNOT Games Secures Danish License
SYNOT Games has obtained a B2B online slot games supplier license in Denmark, authorising the company to supply its gaming content within Denmark’s regulated market. This B2B license, issued by the Danish Gambling Authority (Spillemyndigheden), becomes effective on January 1, 2025, aligning with new regulatory requirements mandating that all game suppliers hold such a license from that date forward.
This development enables SYNOT Games to offer its portfolio of slot games to Danish operators, reinforcing its commitment to compliance and responsible gaming practices.
“Obtaining the B2B license from the Danish Gambling Authority marks a significant milestone for us in the Danish market. This license not only aligns with new regulatory requirements but also reinforces our commitment to adhering to the highest industry standards. We are thrilled to continue offering Danish players the immersive gaming experience our portfolio provides,” said Martina Krajčí, CCO of SYNOT Games.
The post SYNOT Games Secures Danish License appeared first on European Gaming Industry News.
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