The last year has been a busy one for Soft2Bet, with the igaming and sportsbook solution provider entering several new markets in the first half of the year alone. But according to David Yatom Hay (pictured, right), Soft2Bet’s General Counsel, this is just the tip of the iceberg, with big plans already in motion to pursue new, promising opportunities around …
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Industry Snapshot – Remote Gambling
The remote gambling sector in Great Britain has undergone a period of great change in recent times. The Gambling (Licensing and Advertising) Act 2014 introduced in November 2014 meant that from then on overseas operators offering services to customers in Great Britain needed to obtain licences from the Gambling Commission and undergo consistent regulation. The introduction of the point of …
Read More »Viral catches pool betting licence for FantasyBet
Viral, the licensed white label multi-channel casino and betting solutions provider, has been awarded a UK pool betting licence for its daily fantasy sports operator brand called FantasyBet. FantasyBet is targeting the high growth in live daily fantasy sports games that are popular in the United Kingdom and across Europe. The brand has introduced a combination of innovative daily fantasy …
Read More »EveryMatrix secures Irish betting licence
Gaming solutions and platform provider EveryMatrix has secured a licence for Remote Bookmaking Betting Operations in Ireland. According to the legislation, EveryMatrix is now able to provide clients with software solutions that operate under this betting licence in the new regulated Ireland market. Following the passing of the Gambling (Amendment) Act 2015 on August 1st, the Irish authorities started regulating …
Read More »UKGC pushes for fee amendments
The UK Gambling Commission (UKGC) is planning to advise the government to amend the current fees regulations, in order to take account of the significant changes in the population of operators that it regulates and to address identified problems in the current fees structure. The UKGC is therefore developing its advice to the Department for Culture, Media and Sport. The commission …
Read More »666Bet customers given 24 May deadline for withdrawals
Customers of the beleaguered Metro Play Ltd, owner of the 666Bet brand, have been given until 24 May to make withdrawal requests from their account or risk losing their money altogether. A statement from the firm said: “We have made arrangements to enable our customers to withdraw outstanding balances from their accounts with www.metroplay.com and www.666bet.com. All withdrawal requests made …
Read More »German association calls for legal certainty
The German Betting Association DSWV has called on the legislator to bring some legal certainty to the industry in a bid to improve consumer protection and driving out black market operators. DSWV President Mathias Dahms said: “It is with great concern that we observe a growing black market. Unfortunately it is only a logical consequence of the German licensing chaos. …
Read More »White Hat gains UK licence
White Hat Gaming, the bingo and casino content provider, has been granted a UK gambling license for its online bingo network. White Hat says the licence from the UK Gambling Commission emphasises its commitment to providing a safe and secure online gaming environment. Only the most trusted igaming companies have been approved for a UK licence, which is the gold …
Read More »Sports told to get legal advice for promoting unlicensed operators
The UK Gambling Commission has advised all sporting clubs to get ‘their own legal advice’ if they want to take sponsorship or advertising money from non-licensed operators. Last week the regulator wrote to sports governing bodies to inform them that non-licensed brands can only promote themselves if they block UK customers and make it clear that their gambling services are …
Read More »Point of Consumption legal challenge to be heard next week
The Judicial Review into the Point of Consumption licensing regime due to be implemented in the UK on 1 October will have a full hearing next week. The application for a review has come from the Gibraltar Betting and Gaming Association (GBGA) which has objected to the measures in the Gambling (Licensing and Advertising) Act 2014 and associated Gambling Commission …
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