Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Compliance Updates

SoftGamings’ Platform Gets Certification of Compliance With Standards of Romanian National Gambling Office (ONJN)

Published

on

Reading Time: 2 minutes

 

SoftGamings’ platform receives certification of compliance with the standards of the Romanian gambling regulator ONJN.

SoftGamings, the industry’s leading casino aggregator and software provider, has received certification of compliance with Romanian National Gambling Office (ONJN) standards, paving the way for the company to extend its presence in the global market.

The company’s award-winning platform now possesses a certificate of compliance with the standards established by the ONJN, confirming SoftGamings’ dedication to proving its product is capable of meeting the highest industry standards in all leading jurisdictions.

Advertisement

The certification was the next step after securing a B2B license (Class 2) from ONJN in November 2022, allowing SoftGamings to roll out its platform across Romania’s entire regulated market and provide it to all ONJN-licensed operators and those who plan to obtain the said license.

Moreover, the certification confirms integration testing of the top-tier game content providers (present in Romania with their B2B licences), meaning the green light to provide ONJN-licensed operators with all available content through one-stop-shop integration (instead of multiple integrations with each game provider).

Romania mandates that all suppliers and operators must obtain the required licenses and certifications to offer their products and services to businesses and customers in the country. Strict vetting procedures precede the issuance of such certificates, and by passing those procedures, SoftGamings’ platform has earned the label of fair and safe for both operators and users.

Forging partnerships with licensed operators in Romania and delivering industry-leading casino software solutions is the next item on SoftGamings’ agenda.

Anna Lalina, Head of Partnerships at SoftGamings, said: “The new certification our platform received is congruent with our company’s strategy of establishing a visible and permanent presence in the markets of Eastern Europe. With this certification of compliance in the books, we can now address multiple cooperation requests from Romanian operators and bring turnkey and other casino software solutions to this budding market.

Advertisement

Each time we receive certification for our software, it’s an important milestone for the company. It gives us the much-needed assurance that our solutions have what it takes to compete with the best of them, in any given market, especially in fiercely competitive ones, such as the one in Romania.“

Powered by WPeMatico

Continue Reading
Advertisement

Asia

Indonesian Govt to Form Task Force to Tackle Online Gambling

Published

on

indonesian-govt-to-form-task-force-to-tackle-online-gambling
Reading Time: 2 minutes

 

Indonesian President Joko Widodo has chaired a limited meeting which discussed the efforts taken to eradicate online gambling in the country on Thursday 18 April, at Merdeka Palace in Jakarta. Minister for Communication and Information Technology Budi Arie Setiadi, in his press statement after the limited meeting, said that the Government will form a task force to counter online gambling.

“It has been decided that within a week, we will formulate measures to form an integrated task force in order to eradicate online gambling,” Budi said.

Minister for Communication and Information Technology mentioned that forming a cross-ministries/institutions task force is aimed to handle online gambling more thoroughly, collaboratively and efficiently.

Advertisement

“Gambling is an illegal act based on regulations. So, we need to impose measures effectively to settle it,” Budi stated, adding that his ministry will focus on handling online gambling websites and contents, while the law enforcement officers will enforce the law.

“Our authority is only to take down the websites, while the Financial Services Authority (OJK) blocks their financial accounts, and then followed by law enforcement officers, police officers, and the public prosecution service officers,” he remarked.

Similarly, OJK’s Chairperson of Commissioner Board Mahendra Siregar also highlighted the importance of holistic measures in eradicating online gambling in Indonesia.

“Some online gambling activities are not conducted in Indonesia, some are cross-borders, some do not use bank accounts, some needs to be tracked and traced through bank accounts, including transfers and so on. So, the next layers must also be addressed, and that way it leaves no empty rooms,” Mahendra explained.

Mahendra said that according to the institution’s authority, from the end of 2023 to March 2024, OJK has blocked around 5000 bank accounts that indicate its relation to online gambling.

Advertisement

“So far, we have cooperated closely with Communications and Information Technology Ministry. So, if we receive a list of bank accounts suspected to be used or are being used in online gambling activities, we immediately block them, and it has reached up to 5000 bank accounts,” Mahendra mentioned.

The post Indonesian Govt to Form Task Force to Tackle Online Gambling appeared first on European Gaming Industry News.

Continue Reading

Compliance Updates

BC.GAME Secures New Curacao LOK License, Enhancing Legal Compliance and Global Reach

Published

on

bc.game-secures-new-curacao-lok-license,-enhancing-legal-compliance-and-global-reach
Reading Time: 2 minutes

 

BC.GAME has secured a new gaming license that fully complies with Curacao’s updated regulatory framework, the National Ordinance for Games of Chance (LOK). This achievement reaffirms BC.GAME’s unwavering commitment to providing a secure and legally compliant gambling environment for its global user base.

Jack Dorsey, CEO of BC.GAME, said: “We are immensely grateful for Curacao’s robust regulatory framework, which has been pivotal in the gambling industry. Obtaining this license is a vital milestone in BC.GAME’s ongoing development and our commitment to providing a trustworthy and secure gambling experience.”

The introduction of the LOK legislation, designed to replace the previous National Ordinance on Offshore Games of Hazard (NOOGH) framework, has set a new precedent in the gambling license domain. Under the NOOGH regime, BC.GAME operated under a sub-license issued by Curacao Interactive Licensing NV (CIL). The new LOK framework, however, brings about significant changes, including the discontinuation of new sub-license issuance and stringent requirements for existing licensees seeking renewal.

Advertisement

Curacao was one of the pioneering nations in establishing regulations for gaming activities. Consequently, this small Caribbean island nation has become a hub for gaming businesses worldwide aiming to adhere to the country’s comprehensive gaming legal framework. BC.GAME has set up a local office to ensure compliance with regulations and to offer support to fulfill the requirements of the local gaming ecosystem.

Acquisition of the license, specifically designed for LOK services, coincides with BC.GAME’s efforts to enhance user trust, forge new partnerships and broaden the accessibility of its comprehensive gaming services. Obtaining licenses and ensuring compliance are crucial steps in solidifying BC.GAME’s position as a dependable and well-regulated global online gaming platform.

“Curacao is an essential first step in our broader global strategy. As we continue to accelerate our expansion, expect more exciting developments and good news in the near future,” Jack Dorsey said.

The post BC.GAME Secures New Curacao LOK License, Enhancing Legal Compliance and Global Reach appeared first on European Gaming Industry News.

Advertisement
Continue Reading

Compliance Updates

Hub88 granted supplier licence in Peru

Published

on

hub88-granted-supplier-licence-in-peru

 

Platform provider Hub88 has secured a supplier licence in Peru, a significant step as the company pursues further expansion across Latin America.

Granted by Peru’s Ministry of Foreign Trade and Tourism (MINCETUR), the new B2B certification permits Hub88 to provide its casino aggregation platform to locally licensed operators in the country.

New legislation entered into force in Peru at the end of 2023, introducing a licensing system for online betting and gaming with the regulated market soon to go live.

The regulatory approval further establishes Hub88’s position in LatAm where the provider has made great strides to become the aggregator platform of choice for local operators.

Advertisement

Hub88 can offer a gateway into the exciting region where its content is resonating well with local players, including titles from proprietary provider Bombay Live, the first supplier to be granted a licence to offer its live casino portfolio in the Province of Buenos Aires, with a dedicated studio in the region.

Hub88’s online casino game portfolio hosts more than 12,000 titles from more than 120 suppliers, including exclusive in-house studios OneTouch and Bombay Live, and a powerful back-office offering.

Ollie Castleman, Head of Hub88, said: “We’re delighted to receive this highly sought-after licence from MINCETUR as the regulated Peruvian market is about to launch, offering great potential.

“LatAm is a region of great importance to us and this approval will further strengthen our position as a leading platform provider in the territory, with a wealth of local knowledge and content proven popular with regional audiences. We are now looking forward to partnering with operators in Peru and bringing our games to local players.”

Advertisement
Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania