iGaming solutions firm, Video pc gaming Development Team Integrated (GiG) has received 2 Swedish video pc gaming licenses, with one to be used for its Betspin, Kaboo, Delights, Highroller, Guts and Rizk internal brand names, and its external customers will be offered the various other.
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Chairman of the Board for GiG, Petter Nylander (pictured, right) said…
"I am very excited in signing up with GiG in this vibrant market at this moment, the Company awaits its next stage of growth with an sped up need for conformity and finish user safety. GiG will soon be moving its listing to Sweden and it's an enjoyment to see the Swedish market re-regulate, which is something I have directly been defending over a considerable duration."
"huge potential for development"
"There's a huge potential for development in controlled and soon-to-be controlled markets worldwide, such as in the US, which specify by specify we see quickly opening for online casino and sporting activities wagering. I am looking ahead to driving the success of GiG to the next degree. GiG is uniquely positioned with its B2B solutions and B2C offering covering the entire worth chain in iGaming and is sustained by a solid Board in its further development and opportunities."
Also discussing the license honor, Chief Exec Policeman for GiG, Robin Reed, said…
"I am pleased GiG is currently ready for further development in the controlled Swedish market where we have offered our online video pc gaming entertainment since 2013. Sweden is an extremely important market, both to us and to many of our customers. We are looking ahead to providing our reasonable and enjoyable offering to Swedish finish users in the new controlled environment.
"at the forefront of accountable video pc gaming"
"GiG accepts a risk-free and relied on iGaming environment and is and will proceed purchasing technology and individuals to go to the forefront of accountable video pc gaming. Instances of our innovative gamer safety solutions consist of a prominent marketing conformity device ‘GiG Comply', artificial intelligence and expert system to manage accountable video pc gaming and a hands-on, inhouse Gamer Safety Group which straight supports completion users."
"We are excited about the potential for sped up development as we expand in controlled markets worldwide. The new Board of Supervisors brings all the knowledge and experience we need to further accelerate the Company in an progressively controlled environment and to own towards quickly ending up being the prominent iGaming companion sustaining our customers in building solid brand names."
Re-regulation of Swedish market:
In June this year, the Riksdag (Swedish Parliament) approved the government's proposition to present a brand-new licensing system to the Swedish market. The new Gambling Act (SFS 2018:1138) means that anybody running in the Swedish gambling market must have a licensed license. The new legislation will put on all kinds of gambling that occurs in Sweden and to video games both online and offline that target the Swedish market.