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Spain’s DGOJ Urges Government to Reclassify Loot Boxes as Games of Chance

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Spain’s DGOJ Urges Government to Reclassify Loot Boxes as Games of Chance
Spain’s DGOJ Urges Government to Reclassify Loot Boxes as Games of ChanceReading Time: < 1 minute

 

Mikel Arana, Director-General of Spain’s DGOJ, has confirmed that the regulatory agency has requested the government to introduce changes to the “Gaming Law” in order to reclassify “loot boxes as games of chance.”

The DGOJ’s leader urged Congress to support the initiative, stating that the government will launch a public consultation before the end of the year, aiming for new regulations to come into force by the second half of 2021.

Furthermore, Arana supported the directive to Spain’s joint commission on the “Study of Addiction Behaviours,” whilst further advising the “Responsible Gaming Advisory Council” to support its review, to amend the current Law and establish loot boxes as gambling components.

The DGOJ is reported to seek guarantees that loot box laws and gaming protections will be included in the next phase of federal gambling reforms sanctioned by the Ministry of Consumer Affairs.

The Government will draft the final text of the Law during the consultation period, which aims to be published by mid-2021, focusing amendments on aligning responsible gambling standards and consumer safeguards across Spain’s seventeen autonomous communities.

Consumer laws and safeties related to loot boxes have become a prominent topic amongst EU member states, due to the lack of transparent regulation governing in-game mechanics.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Spain’s DGOJ Urges Government to Reclassify Loot Boxes as Games of Chance

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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BF Group Launches Enhanced Platform for Sports Betting and Casino Operators

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BF Group, a leading innovator in the gaming and betting industry, proudly announces the launch of the latest version of their comprehensive platform designed for sports betting and casino operators. This new iteration stands out with its cutting-edge design solutions, leveraging a headless approach to ensure seamless and modern operations.

The platform is already live with BF Group’s clients, including the leading Polish sportsbook operator, LV BET.

Marcin Doszczecko, CEO of LV BET Poland and Latvia, shared his enthusiasm: “After the initial tests, we are thrilled to be part of the pilot phase of BF Group’s new platform. We’ve observed significant improvements in operational flow and profitability. The feedback from our VIP players has been overwhelmingly positive, underscoring the platform’s quality and effectiveness.”

Wiktor Grabarczyk, CEO of BF Group, commented: “We continually develop our platforms and other products, but the improvements in this iteration are so significant that we present it as a new stage in our product evolution. We are pleased to provide our partners with an even better tool, ensuring operators and their players have a comfortable and enhanced experience with our sports betting products.”

The post BF Group Launches Enhanced Platform for Sports Betting and Casino Operators appeared first on European Gaming Industry News.

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From Lisbon to the World: Lisboa Unicorn Capital Takes Oddsgate to Collision

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Oddsgate was selected by Lisboa Unicorn Capital to participate in Collision, an internationally renowned event that will take place in Toronto, Canada, from June 17th to 20th. The primary purpose of this event is to bring together big names in technology and redefine the direction of this constantly growing industry.

Lisboa Unicorn Capital, an initiative led by the Lisbon City Council, stands as a driving force in the global landscape of entrepreneurship, innovation, and technology. Its latest endeavor empowers startups to engage with international events by providing support and resources. The program “From Lisbon to the World: Mission Global Events” exemplifies this commitment, offering startups a gateway to global opportunities.

Oddsgate, a standout in the local tech scene, was selected to represent the portuguese capital at this major international event.

The occasion will allow the iGaming company to showcase its team as exhibitors at Collision, fostering invaluable connections and insights in what has often been called “the Olympics of technology”.

Although this is a new experience for Oddsgate, which hasn’t had the chance to participate in this specific event in previous years, it won’t be the company’s first relationship with the country, as it already has established operations in the Canadian iGaming market.

Intending to evolve its operations more and more in the country, this participation represents a valuable chance to strengthen existing ties and expand the barriers of action of the Lisbon company, which already has a global presence.

Guilherme Graziani, Head of Business Development at LatAm, and Tomás Medley, Head of Account Management, are leading the charge, ensuring Oddsgate’s presence resonates powerfully at Collision.

This is a great achievement and a source of pride for the entire team, as highlighted by the co-founder, Mickael Shahinyan:

“Being selected for the event confirms our stance of always being attentive to the market, trends and opportunities to continue evolving. It also demonstrates our alignment with the rigorous standards and bold vision of Lisboa Unicorn Capital. We are very happy to be renowned for our unprecedented integrity of product, technology and service advancements cooped with regulatory compliance, giving our partners great advantage in their operational markets.”

Organized by the Web Summit Group, renowned for curating transformative tech gatherings worldwide, Collision promises to be a nexus of innovation and inspiration. That’s why Oddsgate foresees meaningful encounters, enriching exchanges, diversity of nationalities and cultures, and the identification of trends that will shape the market.

As Oddsgate embarks on this milestone journey, it not only elevates its own profile and allows it to acquire and share relevant knowledge but also underscores Lisbon’s burgeoning reputation as a dynamic hub for global tech innovation.

The post From Lisbon to the World: Lisboa Unicorn Capital Takes Oddsgate to Collision appeared first on European Gaming Industry News.

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LIGHTNING BOX™ ENTERS A MYSTICAL FOREST WILDERNESS IN CLAW AND ROAR™

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Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries, “Light & Wonder” or “L&W”) has released Claw and Roar, from specialist slot provider Lightning Box, one of Light & Wonder’s in-house studios, exhibiting a plethora of animal symbols that award unique modifiers and features.

In this 3×5 adventure, players step into a blissful forest, making friends with a number of creatures along the way, including the grizzly bear, who stars as a Wild symbol.

During the base game, three Wilds triggers respins, with up to six available, meaning the number of respins is further boosted. The respins continue until no more Wilds appear.

Bear footprints act as the scatter, with three, four or five of these initially activating eight free games. The Wild symbol also features in free games, as up to four can also launch respins, removing the lowest royal whilst issuing an additional free game.

With a powerful 243 ways to win, Claw and Roar is a Light & Wonder title currently exclusive to Rush Street Interactive in Michigan, Ontario and West Virginia .

Michael Maokhamphiou, Studio Director at Light & Wonder, said: “Claw and Roar is an enchanting addition to our portfolio, transporting players to an epic forest where the animals can help them receive prizes.

“The action-packed free games round is bolstered by the Wild symbol, which can assist in adding further riches by granting an extra round whilst also granting players increasing respins.”

Rob Procter, VP of Game Development at Light & Wonder, said: “Lightning Box is elevating its established portfolio with the launch of Claw and Roar, proudly showcasing classic features and modifiers that still resonate with its player base.

“With a trip to a beautiful forest guaranteed, players can engage themselves within the epic gameplay and state-of-the-art aesthetics, as this new title hits the brief when it comes to slot creation.”

Light & Wonder’s ecosystem offers more than 3,500 games from a global network of in-house and third-party game studios, with unrivalled ease of integration that is robust and secure. All games available through the aggregation platform are supported with a comprehensive range of responsible gambling tools, helping to deliver a safe and enjoyable gaming experience for players.

The post LIGHTNING BOX™ ENTERS A MYSTICAL FOREST WILDERNESS IN CLAW AND ROAR™ appeared first on European Gaming Industry News.

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