Compliance Updates
Galaxsys Attains Game Certification in Peru
Galaxsys continues to expand in Latin America with Peruvian Games Certifications.
Galaxsys, a well-known games studio in the gaming industry in the fast and skill games vertical, revealed today further global games certification in the Latin American market of Peru.
The games certified for the Peru market include Blackjack, Crash, HiLo, Keno, Penalty, Rocketon, Cash Show, Crasher, and GoldenRA.
Latin America is a growth market for Galaxsys and its broader portfolio of instant, crash, mines, and Plinko games, which are preferred by players who enjoy quick wins.
Hayk Sargsyan, CEO of Galaxsys, commented: “We are thrilled our games are certified in Peru. This addition of the Peruvian market jurisdiction is now part of a long list of regulated markets in Europe and Latin America, where our games are available. The recent attendance at the trade SAGSE show has successfully delivered new operator partners and a robust inquiry pipeline as Peru, Colombia, and Asia markets are generating incredible growth opportunities for us from tier 1 and local operators alike.
We thank the relevant regulatory bodies for their trust in our commitment to high security, quality standards, and responsible gaming as we continue to make our games available in additional regulated markets.”
Compliance Updates
Betsson Obtains Local Gaming Licenses in Peru
A subsidiary of Betsson AB has obtained its first local licenses for the newly regulated market in Peru. The licenses cover online casino and sports betting for the Betsson and Betsafe brands. Further, licenses for the Inkabet brand are expected to be obtained soon.
Betsson began its Latin American venture already in 2008 and has since then positioned itself as the most recognised sports betting brand in Peru. In 2019, the Group further strengthened its position toward the country with the launch of its Betsafe brand. Two years later Inkabet, a Peruvian-facing sports betting and online casino business, was acquired.
Besides the new licenses, the Group holds licenses in two other key markets in the region, Colombia and Argentina. In Argentina, Betsson holds licenses in Buenos Aires City, Buenos Aires province, and Córdoba.
Pontus Lindwall, President and CEO of Betsson AB, said: “We have really looked forward to Peru introducing a local regulation and are very pleased with the issuing of these licenses. With this announcement, we affirm our commitment to the local economy and the new regulatory framework in the country.”
Compliance Updates
NJ Governor Murphy Establishes Task Force to Support Responsible Gaming
New Jersey Gov. Phil Murphy has signed Executive Order No. 360, establishing a Responsible Gaming Task Force responsible for providing advice and recommendations to the Governor’s Office and to the Attorney General regarding reforms to support responsible gaming and to address problem gambling in New Jersey.
A rise in problem gambling has been observed over the past few years, according to a 2023 report from the Rutgers University Center for Gambling Studies. The Rutgers study estimated that 6% of New Jersey residents are at high risk for problem gambling, which is significantly higher than the national average of 1-2%, with the highest rates affecting Black/African American or Hispanic residents.
“New Jersey is known to be a gaming destination with historic locations like Atlantic City, amusement gaming at the Jersey Shore, notable horse racing venues, and more. This Task Force will see to it that we maintain our global leadership in gaming by ensuring that we have the tools needed to address problem gaming for our residents,” said Governor Murphy.
“I applaud Governor Murphy for his leadership in elevating responsible gaming initiatives through the establishment of a statewide task force. New Jersey has been a national leader in casino and sports wagering for many years, and we owe it to our residents to review and expand our existing efforts on problem gambling. This task force demonstrates that ‘responsible gaming’ is not merely a buzzword in New Jersey, but a critical issue that demands the attention of government entities, industry, and stakeholders. As Chair of the task force, I’m eager to get underway in examining ways to help bring attention to and support the prevention and treatment of gambling disorder,” said Attorney General Platkin.
The responsibilities of the Responsible Gaming Task Force will be to review several areas of the problem gambling landscape, including the effects on underage and vulnerable communities; develop strategies to achieve responsible gaming; and make recommendations for policy changes to address the issue of problem gambling.
Members of the Task Force will consist of seven government representatives or their designees, including:
The Attorney General, who shall serve as Chair;
The Chair of the New Jersey Casino Control Commission;
The Director of the New Jersey Division of Consumer Affairs;
The Director of the New Jersey Division of Gaming Enforcement;
The Director of the Division of State Lottery;
The Executive Director of the New Jersey Racing Commission; and
The Commissioner of the Department of Human Services.
The Task Force may consult with experts, representatives of regulated entities, or other knowledgeable individuals in the public or private sector with respect to any aspect of its mission.
Compliance Updates
Flows Now Registered in New Jersey
Technology solutions provider Flows is now officially registered as an active vendor in New Jersey.
James King, CEO of Flows, said: “Receiving approval as a vendor in New Jersey is a next natural step for us at Flows as we accelerate our North American expansion. It highlights the dedication and effort of our entire team and aligns with our mission to deliver cutting-edge innovation platform to the US market. A big thanks to our fantastic client Light & Wonder who supported our registration as well as a big shout out to North America’s finest legal outfit Saiber LLC (Jeremy and his team) for their expert guidance throughout this process.”
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