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Isle of Man GSC introduces software suppliers’ licence

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In a move that is set to make life simpler for gaming operators and suppliers on the Island, the Isle of Man Gambling Supervision Commission is introducing a licensing scheme for software suppliers that will go hand-in-hand with the creation of a centralized software database.

The Isle of Man has announced that it will shortly be rolling out a brand-new software suppliers’ licence that will make it easier and quicker for operators to launch new products from trusted firms.

Under the new rules, B2B firms now have the option to apply for a licence which will allow them to list their games and software on a register of pre-approved products. Rather than having to produce specific certification for a new slot or third-party product, the Island’s gaming operators can refer to the register to see which products they are able to deploy immediately.

The move promises to streamline processes for both regulators and B2Cs on the Island, offering an innovative way to deliver efficiency to the gaming community, while maintaining high regulatory standards.

Mark Rutherford, deputy chief executive of the Gambling Supervision Commission, said: “Over the years we’ve had a number of software developers come to us and ask us if the Isle of Man was considering licensing their business model, so this year at ICE, for the first time, we’re delighted to be able to say ‘yes’.

“The benefit for the Isle of Man operators – the B2Cs – is that they get to see what products they can deploy straight away, secure in the knowledge that the GSC has already approved them, and it’s possible, with a following wind, that it’ll become a sort of directory of games.

“We’re not expecting everyone to want to jump on straight away, but so far, we’ve had an immensely positive reception from operators. We also recognise that for suppliers, the register may have the benefit of making their games and products more prominent, although that’s not its primary purpose.”

Commenting on the application process for suppliers, he added: “It’s essentially the same law that we’ve used for B2Cs, so the process in essence is the same, but without actually having control over players an awful lot of our consumer-protection law doesn’t really apply. So, while we will be still be as thorough with our diligence as we are with our B2Cs, software suppliers will need to supply a lot less information and therefore the application process should be swifter.”

Software suppliers who want to take advantage of the new register will be able to apply for a licence from the 22 February.

Isle of Man eGaming will be exhibiting at ICE Totally Gaming in London ExCel Centre from 5-7 February at Stand N6-220, N7. Contact Tony Jones on tony.jones2@gov.im or stop by the stand to arrange a meeting. 

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Isle of Man GSC introduces software suppliers’ licence

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ORYX signs deal with Rootz

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ORYX Gaming, a Bragg Gaming Group company (TSXV:BRAG), has partnered with Rootz to launch its extensive portfolio of in-house and third-party content.

The supplier’s entire catalogue of proprietary and partner games will soon go live on Rootz’ platform and will also be made available on Wildz, its flagship online casino brand, through the recently enhanced ORYX Hub.

Backed by Rootz’ reputation as an industry trail-blazer, Wildz has rapidly established itself as 2019’s hottest new brand.

Adding content from ORYX’s 80+ content suppliers, which include top performers Gamomat, Kalamba and Golden Hero, will enable the company to continue to grow its foothold in Europe and enter new markets.

Matevž Mazij, Managing Director of ORYX Gaming, said: “Wildz has already made a splash in the online casino arena with its commitment to customer satisfaction, making it an exciting brand to partner with and extend our client base.

“It’s great to be working with Rootz’ knowledgeable and creative team to deliver a portfolio that not only offers a stand-out player experience but also advances online content delivery in our industry.”

Lasse Rantala, Wildz CEO, remarked: “ORYX Hub’s robust selection of games, seamless integration process, and promotional tools will provide a great advantage to us as we focus on building the Rootz and Wildz brands across Europe.

“Putting the customer first is central to our company ethos and we are confident both our Rootz partners and Wildz players will love the high quality and varied new additions to our online casino offering.”

The recently enhanced ORYX Hub allows partners to effortlessly integrate content from more than 80 leading providers and over 8,000 games, with advanced marketing tools such as free round promotions, achievements, leaderboards, tournaments and jackpots.

ORYX Hub provides operators with access to its portfolio of content, which is fully compliant in major regulated jurisdictions, via a single account and seamless integration process.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: ORYX signs deal with Rootz

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OKTO to showcase latest wave of gaming payments disruption at EArena 2019

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OKTO Group, the financial technology provider specialising in digital payment and player engagement applications, is set to exhibit its next-generation suite of products and services at next month’s EArena Expo in Bucharest, Romania.

The event, which takes place from the 3rd to the 5th September, will see OKTO’s commercial team showcasing the company’s mobile-centric payment solution for gaming at stand #422, demonstrating how operators can drive player engagement by bridging the gap between the payment and retail experience.

Building on the success of its digital banking, mobile payment and retail products in Europe, the Athens-based fintech firm is set to hit the ground running with its one-of-a kind gaming solutions, while having recently appointed industry veteran Simon Dorsen to lead the charge.

OKTO’s payment products are focussed on harnessing the mobile-based payments revolution, while digitising betting processes to provide a seamless journey across multiple player channels, offering operators add-on loyalty and promotional functions that deliver a player-retaining service.

With experience in directly operating an established network of 5,000 points of sale across multiple jurisdictions and processing transactions reaching up to €1 billion, the payment service provider is well positioned for continuing its rapid growth in the region.

Commenting on their plans for Eastern Europe’s unique market environment, Simon Dorsen, Director of Gaming at OKTO, said:

“Eastern Europe is a major focus for us, with a tech-savvy population that are proving to be quick adopters of innovations in mobile technology. There is real appetite for OKTO’s fully digital experience, which we have tailored to tackle the niche challenges of this promising market. 

“We look forward to meeting with local operators at EArena to showcase how our innovative solutions not only reduce cash handling costs for operators, but also speed up the flow of transactions and deliver a better player experience. The next wave of payments disruption is here – and we’re glad to be leading the charge.”  

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: OKTO to showcase latest wave of gaming payments disruption at EArena 2019

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SportPesa Gears Up for Legal Battle with Kenyan Government

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Sports betting platform SportPesa has geared up for a protracted legal battle with the Kenyan government. The operator told that the government was deliberately politicising a dispute over tax to interfere with its Kenyan operations. This has left SportPesa unable to process mobile payments, prompting it to cancel all sports sponsorship agreements in the country.

On 1 July, Kenya’s gambling regulator (BCLB), declined to renew the licence applications of SportPesa and 26 other companies. The BCLB claimed it was owed a total of KES60.56bn in unpaid taxes, claiming that Kenya’s Gaming Bill states that the country’s 20% tax on winnings applies to both profit and to the bettor’s original stake.

“SportPesa is fully tax compliant in all of the markets in which we operate. We have been recognised by the KRA as such, receiving tax compliance awards in 2016, 2017 and 2018,” a SportPesa spokesman said.

The SportPesa spokesman said that the company secured a High Court order that overruled the regulator and prevented the authorities from suspending payment services and interfering with the company. However, on 10 July, the state ordered the telecoms company Safaricom to block banking services to the 27 companies. On 22 July, SportPesa opted to take legal action against the regulator to overturn the blocking order. The High Court is currently considering whether the authorities acted illegally in blocking access to customers’ accounts.

On 9 August, Sportpesa announced it was suspending all of its sports sponsorships in the country. On 11 August, SportPesa was also named in a Sunday Times investigation into the advertising of betting to children in Kenya. However, a SportPesa spokesman denied the operator was deliberately targeting minors.

“SportPesa takes its commitment to ensuring responsible gaming in Kenya extremely seriously. We do not advertise to children and are compliant with all advertising regulation in every market we operate in,” the spokesman said.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: SportPesa Gears Up for Legal Battle with Kenyan Government

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