Softswiss secures Producer Suitability License for Greek iGaming market place

Softswiss secures Producer Suitability License for Greek iGaming market place

Online casino software improvement organization Softswiss has expanded its presence inside of the Greek iGaming market place right after securing a Producer Suitability License from the Hellenic Gaming Commission (HGC) for its game aggregator.

The ruling from the HGC enables the Softswiss game aggregator to legally offer its B2B gambling services to local operators in Greece for a time period of seven years.

New areas:

“Obtaining a Greek gaming license was the end result of SOFTSWISS’ lengthy and hard operate, which in excess of the many years has accumulated extensive encounter and understanding of the iGaming industry,” explained Andrey Starovoitov, Chief Working Officer for Softswiss.

By means of business information, the COO went on to make clear that…

“Recognising the requirements of our clientele, we are constantly moving in direction of growth and obtaining new options. One of them was acquiring neighborhood licenses, which allows SOFTSWISS to increase its presence in new regions.

“This summer we presently opened a Greek market with a B2C gaming license. Now with the new B2B license nearby operators will be in a position to get pleasure from the advantages of the SOFTSWISS Game Aggregator. We have a whole lot to supply to the regional gambling industry, so I am certain there are a whole lot of interesting tasks and partnerships ahead of us.”

The existing situations of the HGC accepted license allows neighborhood operators inside Greece’s iGaming market place accessibility to Softswiss game aggregator content material from a dozen gaming studios.

Earlier this yr, the Curaçao-headquartered firm secured a Greek B2C gaming license for its quite first companion project in what is regarded as to be a single of Europe’s fastest-growing areas. The license, in accordance to the legislation, is for Greek operation and is accessible to these gamers who are long lasting residents of Greece and to people players possessing Greek IDs, passports and financial institution accounts.

On July 5, 2021, the HGC announced it had issued 15&nbsponline gambling licenses. They were the 1st long lasting licenses issued since all kinds of on-line gambling had been banned by Greek authorities in 2002.&nbspTwo types of licenses are offered by the commission one for&nbsponline betting and the other for all other iGaming activities. The new principles enable for B2C working licenses and B2B on the web gambling resolution supplier licenses.

In October 2020, the HGC opened the application procedure for&nbspGreece’s new on the web gaming licenses following the authorities passed new rules the year prior. Priced at €3m&nbsp(£2.5m/$three.4m) for sports activities betting and €2m for games, the&nbsplicenses run for an first time period of 7 years&nbspwhile license holders are needed t0 shell out a gross gaming income tax charge of 35 %.

Following&nbspthe bill passed in October 2019, the 24 operators granted temporary licenses in 2011 have been permitted to carry on their operations until finally March 31, 2020, at which time they have been required to reapply.