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The move by the Malta firm demonstrates its three-part growth strategy, including performance and market-driven growth of existing brands, building and introducing new products and brands, and adding valuable assets to its portfolio via acquisition, according to the source.Detailed documentation:Regarding reporting measures and iGamingBusiness. Firms are to purportedly also be asked to encourage at-risk gamblers to establish time and spending limits or take advantage of a self-exclusion program although they could subsequently be blocked if any of these earlier measures prove unsuccessful....


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Next level:Commenting on the new acquisition, Chief Executive Officer for Casumo, Shelly Suter-Hadad, said…“We have developed an ambitious and exciting collaboration with the team at CasinoSecret, which made the merger a clear next step from all perspectives.As part of its ongoing effort to launch a regulated iGaming market and the government of the Netherlands has reportedly submitted a draft of its proposed regulations for approval by the European Commission. Firms are to purportedly also be asked to encourage at-risk gamblers to establish time and spending limits or take advantage of a self-exclusion program although they could subsequently be blocked if any of these earlier measures prove unsuccessful....


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com, federal legislators ratified the nation’s legalizing Remote Gambling Act some 18 months ago and have since been working towards finalizing a definitive set of governing regulations. (GiG) (OSL:GIG).”Hadad is the former Mansion Chief Operating Officer and managing director who was appointed CEO for Casumo in August 2019....


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It was further reported that the propositioned regulations are to moreover oblige operators to provide individual players with a ‘clear and comprehensible explanation’ behind each intervention after taking into account variables such as the number of earlier mediations and the age and past reactions of the gambler. Firms are to purportedly also be asked to encourage at-risk gamblers to establish time and spending limits or take advantage of a self-exclusion program although they could subsequently be blocked if any of these earlier measures prove unsuccessful.GiG tie-up:In late August, the Maltese firm’s subsidiary, Mill of Magic Ltd....


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The deal entitles Mill of Magic to utilize GiG’s products including its iGaming and sports betting platform, real-time rules engine, GiG Logic, and real-time data platform, GiG Data, to power its new Pay N Play casino offering covered under its own license from the Maltese Gaming Authority (MGA).Sweeping scope:It was detailed that the Netherlands is still hoping to begin its inaugural iGaming licensing application process in January with the proposed regulations covering nordic casino bonus code hxwgparticulars regarding such areas as records keeping, technical standards and reporting requirements.”Hadad is the former Mansion Chief Operating Officer and managing director who was appointed CEO for Casumo in August 2019....

 

 

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