Compliance Updates
ThrillTech secures UK licence, unveils unique jackpot solution to regulated UK operators
Leading jackpot specialist ThrillTech is excited to announce it has secured a remote operating licence from the UK Gambling Commission.
The UK licence, widely considered the gold standard of European gambling regulation, is the latest award in ThrillTech’s commitment to compliance across the region.
The UKGC remote gambling software licence will be added to the company’s long list of European licences alongside Sweden, Romania, Malta and The Netherlands. The UK licence award also follows the recent granting of ThrillTech’s ISO 27001 certification.
ThrillTech’s groundbreaking jackpot solution, ThrillPots, is now available to UK operators, who can take advantage of the additional monetisation stream to boost GGR by up to 10%.
ThrillTech head of business development Faye Williams said: “The UK is a major market for us and we can’t wait to partner with local operators to launch bespoke jackpots in this region. The first ones are already on the way.
“As our main proposition is player-funded jackpots, we are always keen to stay ahead of the regulatory curve, while adhering to the gold standard of iGaming industry compliance.”
For example, ThrillTech developed a bespoke version of its proprietary jackpot algorithm to meet the UK market’s age-gaited stake limits for online slots, which came into force in April.
The company has also created a truly advanced multi-currency system, while linked jackpots are the latest additions to the ThrillTech feature portfolio.
“Innovation can never stop,” said Williams. “Following this latest licence award, we promise to keep pushing the limits of product performance. ThrillTech was built for the next stage of the iGaming industry.”
ThrillTech will announce its first two UK clients in the coming weeks.
ThrillTech’s ambitious expansion strategy hopes to see the company licensed in 10 global jurisdictions by the end of the year, with multiple certificates in additional markets.
Founded just two years ago, Cyprus-headquartered ThrillTech has gone from strength to strength, improving the player experience by building on its core work of monetisation and retention.
The post ThrillTech secures UK licence, unveils unique jackpot solution to regulated UK operators appeared first on European Gaming Industry News.