Compliance Updates
Elys Granted Approval for Ozio Lounge Sportsbook in Washington, DC
Elys Game Technology Corp, an interactive gaming and sports betting technology company, announced approval by the DC Department of Small & Local Business Development (DSLBD) of the BetDupont Certified Business Enterprise Joint Venture between the Company and District Hospitality LLC in Washington, DC.
This approval follows the previously announced sportsbook partnership with District Hospitality, which operates the Ozio Lounge located at 1813 M St. NW in Washington, DC. The agreement has an initial term of three years from the date of issuance of the license with a minimum of two anticipated extensions of 2 years each. Subject to regulatory approval of the DC Office of Lottery and Gaming (DCOLG), the BetDupont CBEJV would allow the Company to operate the third location in Washington, DC for its white label sportsbook solution at the Ozio Lounge.
Following the launch of its small business strategy, Elys has already placed its sportsbook solution at the Grand Central Restaurant and Sportsbook and expects to receive regulatory approval to open its second sportsbook operation at the Cloakroom Gentlemenâs Club under the Cloakbook brand situated at 476 K St NW, in Washington, DC. In April 2022, the Company also announced its CBEJV with AllBets Inc., and in June 2022, the Company announced its fourth planned sportsbook location at the Entitlement Restaurant and Lounge in Washington, DC, both of which are pending approval by the DSLBD.
âWhile this approval is the first in a two-step process to obtain the license required to operate our sportsbook solution at the Ozio Lounge, we believe the increasing pace of approvals demonstrates our U.S. expansion momentum, as well our ability to operate sportsbooks as an ancillary product for restaurants, bars and other small business establishments in a fully compliant manner,â Michele Ciavarella, Executive Chairman of Elys, said.
âWe are excited to partner with District Hospitality and believe the launch of our sportsbook solution will help further establish the Ozio Lounge as a premier destination for both local guests and tourists alike. We also appreciate the support of the DSLBD, which illustrates their commitment to helping both small businesses and the local DC economy. Our sportsbook solution is not only garnering attention within DC, but we believe that interest is growing rapidly in this sector across the nation. We look forward to announcing additional retail locations in the near future, and to replicating this success in additional markets, including our recently announced expansion into the state of Ohio,â Michele Ciavarella added.
Compliance Updates
JCM Global Receives Approval to Operate in West Virginia
JCM Global announced that it has successfully passed regulatory review and received a manufacturerâs license from the West Virginia Lottery Commission. The license enables JCM to directly sell to and service customers in the state.
âAt JCM, we are committed to our customers. While attaining licensing was not required, we pursued it because it allows us to directly provide JCMâs leading technology and advanced systems, backed by our world-class service, and support, resulting in faster service times and simplifying the entire relationship between JCM and our customers,â said JCM SVP â Sales, Marketing & Operations Dave Kubajak in a statement.
JCM recently announced it has attained licenses in Colorado and New Mexico, bringing the companyâs total number of active gaming licenses to 177.
In West Virginia, JCM will provide technology, including the iVIZION bill validator; ICB Intelligent Cash Box System, which boosts security and efficiencies across the gaming floor; and the GEN5 thermal printer, which delivers TITO, personalized promotions, and rewards directly to the player.
Compliance Updates
SYNOT Games Officially Certifies Over 140 Games in Brazil
SYNOT Games has announced that more than 140 of its games have now been officially certified in Brazil.
âWe are delighted to announce that more than 140 of our games have now been officially certified in Brazil. This significant achievement allows us to expand our reach and introduce a diverse selection of games to this dynamic market. Brazil represents a key opportunity for growth, and we are committed to delivering exceptional gaming experiences to the Brazilian audience,â the Company said.
âWe are thrilled to introduce our portfolio in Brazil, offering innovative and engaging gameplay that promises to captivate and entertain players,â Martina Krajci, CCO at SYNOT Games, said.
Compliance Updates
Delasport Now GLI-Certified for Sports Betting in Brazil
Delasport has just become one of the first suppliers to obtain a GLI certification for its sportsbook in Brazil, two weeks before the historical regulation comes into effect.
Continuing its global growth, Delasport is bringing several operators on board in Brazil. In order to complete the process, operators that are applying for a new Brazilian license have 30 days to provide all relevant platform certificates from the moment that they are notified by the regulator that their initial submission has been accepted. This is also the moment that they can pay the license fee. Still, failure to provide platform certificates will result in the application being placed on hold.
Delasport turned to Gaming Laboratories International (GLI) for the certification of its sportsbook against Brazilian technical standards. The historical partnership with GLI was further strengthened by the news, a few months back, that GLI had become the first laboratory to achieve the local accreditation to certify for betting systems, live game studios, and online games by the Secretaria De PrĂȘmios e Apostas (SPA) in Brazil.
Delasport has successfully met all technical requirements for providing its sports betting solution to the largest country in South America. The certificate is evidence of the teamâs experience, expertise, and determination to lead the way in key jurisdictions.
Obtaining a GLI certification for Brazil is a step towards cementing the trust players and operators have for Delasportâs products. This serves to show that the award-winning supplier is capable of meeting even the strictest industry standards for integrity and fairness.
âWhen we learnt that providing platform certificates to the regulator was on our partner operatorsâ critical path for obtaining the license, we immediately prioritized submitting the system to GLI for testingâ, Delasportâs Chief Compliance Officer Filippo Ferri said. âNeedless to say, GLI did a tremendous job of working with us to conduct the tests in record time, to match the submission deadline of some of our clients. I am also very proud of how our internal departments worked together to obtain this certificate, and of how they continue to push forward with the delivery of a datavault system that complies with SIGAP requirements.â
Operators that plan on entering the newly regulated Brazilian market will now have numerous advantages if they partner with Delasport. They will be able to provide their players with personalization features like My Sportsbook, My Event Builder, and My Combo that skyrocket revenues and retention.
Furthermore, Delasportâs KYC and AML provider is a market leader that guarantees the highest level of compliance for all operators that choose to go on this route.
Also, Delasport has already partnered with numerous local payment system providers and offers a real-time AI-powered Responsible Gambling system which can easily adapt to local regulations.
Last, but not least, operators will feel Delasportâs support from the get-go all the way to establishing themselves as a market leader. Delasport is knowledgeable of cultural and regional differences and can address all localization needs from the early stages of engagement.
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