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Compliance Updates

Hacksaw Gaming Secures Swedish B2B Gaming License

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Innovative iGaming content provider Hacksaw Gaming has obtained a B2B gaming license from the Swedish Gambling Authority (SGA).

The agreement permits Hacksaw Gaming to supply its portfolio of content, including favorites Wanted Dead or a Wild, Hand of Anubis, Mines, and Dork Unit, to licensed operators in Sweden, amplifying the studio’s European presence.

Hacksaw Gaming already holds gaming licenses from various regulatory bodies like the Malta Gaming Authority (MGA), United Kingdom Gambling Commission (UKGC), Isle of Man Gambling Supervision Commission (Isle of Man), and Alcohol and Gaming Commission of Ontario (Ontario), while its games are certified in a number of other jurisdictions.

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Since regulations took force on March 1, 2023, all online casino game suppliers targeting players in Sweden have been required to tender an application for a B2B gaming license. The new framework is aimed at augmenting the country’s channelisation rates – the degree to which gambling activity is conducted at licensed sites – by protecting the integrity of the market and safeguarding consumers’ welfare.

“The purpose of the licence requirement for gaming software is to discourage illegal gambling,” explained the SGA in 2022, adding: “Unlicensed game operators must not be able to use suppliers who manufacture, provide, install and/or change game software for game operators who have a licence in Sweden.”

Today’s developments consolidate Hacksaw Gaming’s position in the market after it went live with Swedish-facing Glitnor Group last month, which saw an assortment of the studio’s games made available to players at brands HappyCasino and LuckyCasino.

Marcus Cordes, CEO of Hacksaw Gaming, said: “Acting fast has given us a head-start on the competition. We are delighted to be among the first providers to obtain a full Swedish B2B gaming license, allowing us to build from a position of strength in the fast-growing market.

“We’re now looking to ramp up our efforts in Sweden by securing partnerships with even more top-tier operators to expose our games to a wider audience.”

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Belgium’s E Category License

Digitain Expands into Belgium with Regulatory License Approval

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Digitain strengthens its regulated presence in Europe by obtaining Belgium’s E Category License.

Digitain, the leading iGaming solutions provider, has announced that it has been officially licensed to operate in Belgium, marking a significant milestone in the company’s ongoing European expansion. This achievement highlights Digitain’s commitment to compliance, innovation, and delivering trusted solutions to its global partners.

Belgium is a highly regulated jurisdiction with strict standards to ensure fair play and responsible gaming. Securing this license further strengthens Digitain’s reputation as a reliable and compliant technology provider, enabling it to offer its award-winning solutions fully aligned with local regulations.

Digitain remains committed to expanding its regulated market presence, fostering partner success, and upholding the highest standards of compliance and data protection.

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The post Digitain Expands into Belgium with Regulatory License Approval appeared first on European Gaming Industry News.

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Compliance Updates

Spelinspektionen Develops New Risk Assessment for Money Laundering in the Swedish Gambling Market

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Spelinspektionen, the Swedish Gambling Authority, has developed a new risk assessment for money laundering in the Swedish gambling market.

In this risk assessment, which replaces previous assessments, the various approaches that enable licensees to be exploited for money laundering, referred to as threats, have been updated to better reflect the current situation. The vulnerabilities of the gaming forms, i.e. circumstances that are assessed to be able to affect the possibility of a threat occurring, have also been revised.

The method for assessing risk has also been revised to harmonise the Swedish Gambling Authority’s risk assessment with the national risk assessment produced by the Coordination Function for Measures Against Money Laundering and Terrorist Financing and the supranational risk assessment published by the European Commission.

The Swedish Gambling Authority has previously assessed that there is a low risk of land-based commercial casino gaming being used for money laundering. The authority’s regulations have therefore exempted the gaming form from the application of the money laundering regulations and a number of provisions in the Gambling Act. In the Swedish Gambling Authority’s new revised risk assessment, the risk of the gaming form being used for money laundering is no longer assessed as low. As a result, the Swedish Gambling Authority has initiated regulatory work to review the exemptions from the requirement to apply the money laundering regulations and register players and agents. Interested parties will have the opportunity to submit comments on the regulatory changes in a forthcoming consultation.

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NICC extends The Star manager’s term for six months

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The NSW Government has amended the Casino Control Regulation to extend the term of The Star’s manager Nick Weeks, who will continue to have oversight of casino operations until at least 31 March 2026.

The government extended Mr Weeks’ term at the request of the NSW Independent Casino Commission (NICC) after the NICC declined to lift the suspension of The Star’s licence.

Mr Weeks will continue to hold the licence for The Star over the next six-month period, allowing the casino to operate gaming facilities while its licence remains suspended.

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The NICC first appointed Mr Weeks to the role of manager in October 2022, when The Star’s casino licence was suspended following the first Bell Review.

NICC Chief Commissioner Philip Crawford said there was still too much uncertainty surrounding The Star to consider reinstating its casino licence at this time.

“The NICC considers it appropriate to continue with the current arrangement so it can better assess the effectiveness of important remediation work and await the outcomes of other pressing financial matters concerning The Star,” Mr Crawford said.

“The NICC understands the many challenges The Star is facing and is closely monitoring The Star’s progress as it works to prove it is capable of regaining its casino licence.”

The post NICC extends The Star manager’s term for six months appeared first on European Gaming Industry News.

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