One of the most prominent online casino gaming regulatory bodies, the United Kingdom Gambling Commission has been extremely busy these days especially when it comes to penalizing online gambling and betting operators in the last couple of months. Just several days ago, several news outlets reported that the United Kingdom Gambling Commission has taken actions against two more gambling operators.

According to the iGaming regulator’s latest reports, it has decided to suspend the iGaming licenses of two iGaming operators. As reported, the two online gambling operators will have their United Kingdom Gambling Commission-issued licenses suspended due to failing to entirely integrated the United Kingdom’s self-exclusion scheme named GAMSTOP into their online gaming platforms.

Sportito and Dynamic Lost Their UKGC Licenses

The two online gambling operators which have lost their United Kingdom Gambling Commission-issued licenses are Sportito and Dynamic. As revealed, the two operators who faced the UKGC’ wrath failed to entirely participate in self-exclusion schemes which are mandatory for operators active in the United Kingdom iGaming market.

Back in January of this year, the United Kingdom Gambling Commission informed all online gambling and betting operators that hold its licenses that they have to participate in its self-exclusion GAMSTOP scheme. This is basically a free service that provides players with the valuable opportunity to exclude themselves from online betting and gambling activities with online bookies and online casinos which are licensed in the United Kingdom for a specific time period.

The United Kingdom Gambling Commission regulated and licensed operates were ordered to integrated this self-exclusion GAMSTOP scheme by the 31^st of March which was several days who. Nonetheless, Sportito and Dynamic failed to include the GAMSTOP scheme with their online operations across their gaming platforms. Consequently, the United Kingdom Gambling Commission revealed a couple of days ago that it has decided to suspend the operators’ licenses.

The regulator’s officials also said that they have also instigated reviews into the two operators’ activities according to the Gambling Act’s Section 116 from 2005. The United Kingdom Gambling Commission believes that Sportito and Dynamic had breached certain conditions of their UKGC licenses, so they are not suitable to resume their activities in the United Kingdom iGaming market.

Sportito’s License Suspension Lifted

After Sportito faced suspension of its United Kingdom Gambling Commission-issued license, the operator has implemented the United Kingdom’s GAMSTOP self-exclusion tool, so the UK-based iGaming regulator decided to lift the operator’s license suspension. Nonetheless, the regulator plans to review the operator’s activities in the following months.

When it comes to Dynamic and its license suspension, it is set to remain fully in place until the United Kingdom Gambling Commission confirms that the online gambling operator has successfully implemented the GAMSTOP self-exclusion tool and that all of its activities are one hundred percent compliant with the UK’s Gambling Act from 2005.

Commenting on the news about the license suspensions for the two gambling operators, the United Kingdom Gambling Commission’s Chief Executive Mr. McArthur said that the regulator has made it very clear to all online betting and gambling operators that they are always ready to use their powers in order to protect players and all consumers.

He also added that one of those ways to protect players is the regulator’s mandatory self-exclusion tool which is there in place to protect the most vulnerable consumers. For this reason, the regulator made the integration of this tool compulsory for every single operator active in the United Kingdom.

One of the most prominent online casino content developers NetEnt AB has recently announced that it is acquiring its former rival, the Isle of Man-based Red Tiger Gaming Limited for a price of £223 million which equals to $275 million.

The Stockholm-based company used its official press release to reveal more details about this all-cash acquisition deal. Initially, the company will spend around £200 million for the full Red Tiger Gaming Limited’s shareholding followed by investing around £23 million two years later based on the newest acquisition business performance.

In its official press release, the NetEnt’s officials described Red Tiger Gaming Limited as one of the fastest-growing companies of this kind. This is definitely true for Red Tiger Gaming which was established back in 2014. Despite the fact that it is one of fairly new entrants in the world of online casinos, it has managed to build a great, reputable brand that specialized in the production of captivating, exciting iGaming content.

Creative Forces Behind Extremely Popular Slot Games

In fact, Red Tiger Gaming Limited stands behind some of the most captivating, most popular online slot games which players can access at a variety of reputable, professional online gaming operators. The company’s online gaming platform always delivers its clients a truly exciting gaming experience no matter their gaming device, their preferences, and their bankroll.

Moreover, its technologically advanced, cutting-edge gaming software that allows superb gaming sessions is easily accessible, packed with creative, authentic graphics that characterize the company’s original titles. When it comes to its licensing, Red Tiger Gaming Limited is licensed by the Isle of Man jurisdiction as well as by the United Kingdom Gambling Commission which adds to its reputability.

The company is mainly focused on the Asian and European online markets where its remarkable slot games are readily available. Speaking of its games, the majority of the Red Tiger Gaming’s games are modern, video slots that cover a variety of themes, come packed with loads of bonuses and often include loads of paylines.

Some of its most popular video slot releases include Chinese Wilds, Chinese Treasures, Arcade Bomb, Cinderella, Devil’s Number, Dragon’s Fire, Emerald Diamond, Epic Journey, Elephant Treasure, Dragon’s Luck, Divine Ways, Gems Gone Wild, Gemtastic, Fortune Fest, Golden Toad, Jade Charms, Laser Fruit, Imperial Place, Lion Dance, Jack In A Pot, Mayan Gods, Lucky Wizard, Midas Gold, Ocean Fortune and Pirates’ Plenty.

An Extremely Attractive New Asset

With such an impressive gaming library, Red Tiger Gaming Limited is definitely an extremely attractive new business asset for the leader in the industry, NetEnt. Currently, Red Tiger Gaming has around one hundred and seventy employees at its offices located in Malta, the Isle of Man and Bulgaria. Its games including its extremely popular daily jackpot games attract masses from all over Europe and Asia who will soon access their favorite Red Tiger Gaming-powered release at NetEnt online casinos.

As it was stated by NetEnt’s officials, this business agreement is all set, so once the company completes the first stage of the agreement, it automatically gains control over the entire entity which according to some predictions is very likely to record staggering earnings worth around $22 million. Commenting on the news, the NetEnt’s CEO Therese Hillman said that this business deal fits her company’s vision to bring innovation and creation to the gaming future while using super scalable technology for supporting future growth.