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iGaming Licenses Exposed: What Kahnawake, Anjouan, Tobique, and Curaçao Are Really Offering
The European online gambling market is set for significant growth, with projections indicating an increase from $52.30 billion in 2024 to $88.16 billion by 2029, reflecting an annual growth rate of 11.01%. Curaçao has long been a key player in this market and has recently undergone regulatory changes. Meanwhile, alternative jurisdictions such as Kahnawake, Anjouan and Tobique are increasingly drawing the attention of operators.
Regulatory changes in Curaçao
Many operators have traditionally opted for a Curaçao licence due to its accessibility and straightforward process, especially during the initial stages of operation. However, with the recent overhaul of the Curaçao licensing system, this ease of access has diminished. Operators now face a more rigorous licensing and monitoring process by the Curaçao Gambling Control Board, which is increasingly prioritising safe and responsible gambling practices.
Legal challenges for Curaçao-licensed operators in Europe
Recently, several operators licensed in Curaçao faced lawsuits in European countries, with some being ordered to refund losses to players. For instance, Dama N.V. was ordered in Austria and the UAE to repay €816,852. Another Curaçao licence holder was similarly ordered to refund players’ losses in Germany and Austria.
Both companies warned that these rulings posed a threat, as they created a “risk-free gambling” environment for players, allowing them to place bets with the option to sue for refunds if they lose. In a few European countries, such as Austria, where the gambling market is heavily regulated and monopolised, any bets placed on offshore platforms are deemed illegal and void for both operators and players. Recently, Austria required a player to return their winnings to the operator after placing bets on an offshore platform, to discourage opportunistic lawsuits.
Curaçao court’s response
In the cases of Dama N.V. and other operators., the Curaçao court chose to uphold the judgments of the European courts. The Curaçao court declared that, since the licensed operators were not paying their debts to the players, they were in a state of ceased payment and declared them bankrupt. However, Dama N.V. later succeeded in overturning this judgement by proving to the Curaçao court that it was “financially healthy.”
Meanwhile, Malta has taken a different approach with the promulgation of Bill No. 55, which protects its licensees from foreign court interference. If a European player sues a Maltese-licensed operator, Maltese courts will uphold the operator’s licence, provided it complies with Maltese law, effectively blocking foreign judgments.
Given the growing number of claims, the European Court of Justice is now set to determine whether German and other European bettors can legally claim refunds for their losses from offshore operators.
Alternative licences in Kahnawake, Anjouan, and Tobique
Kahnawake, Anjouan, and Tobique have emerged as appealing alternatives to more well-known jurisdictions.
Kahnawake: Located in Canada, Kahnawake is one of the oldest jurisdictions and has been issuing gambling licences since 1996. It is known for its stringent regulatory framework and legal resistance to opportunistic litigation. Operators licensed in Kahnawake can expect a stable and predictable legal environment, which helps minimise costly legal issues.
Anjouan: Anjouan, part of the Union of the Comoros, offers favourable conditions for online gambling operators, including the absence of a requirement for a physical presence in the jurisdiction. This allows operators to avoid direct oversight by local courts, reducing the risk of unfavourable rulings. Anjouan’s flexible business conditions and reliable legal protections make it an attractive option for those looking to minimise legal risks.
Tobique: Also based in Canada, Tobique provides a unique licensing environment characterised by flexible management and a stable legal framework. Like Anjouan, Tobique does not require operators to have a physical presence, and offers strong protection against lawsuits. This makes Tobique an appealing choice for operators seeking a secure and stable licensing base.
What to look for when considering alternative jurisdictions
These alternative jurisdictions offer several key advantages for operators:
– Protection against opportunistic lawsuits: These three jurisdictions often provide strong safeguards against frivolous or opportunistic lawsuits, reducing the risk of costly legal battles.
– Flexible jurisdiction management: Many alternative licences do not require a physical presence in the licensing jurisdiction, allowing operators to avoid direct local court oversight.
– Stability and predictability: By choosing a jurisdiction with a stable and predictable legal environment, operators can better protect their businesses from legal uncertainties.
Latest News
Optimove Announces Optimove Ignite+: A New Comprehensive Program Tailored to Accelerate Growth for Emerging iGaming and Sports Betting Operators
As emerging iGaming and sports betting operators have often struggled to scale and compete effectively, Optimove announced today the launch of Optimove Ignite+, a comprehensive program tailored to accelerate growth for emerging operators. This new program provides exclusive access to Optimove’s #1 CRM Marketing platform for iGaming and sport betting operators, providing expert guidance, and actionable insights, empowering emerging operators to scale efficiently in a competitive landscape. Until now, a comprehensive program like this was unavailable to emerging operators.
Key Benefits of Optimove Ignite+
Optimove Ignite+ leverages Optimove’s expertise in scaling industry leaders to help emerging iGaming and sports betting operators accelerate growth. The program provides access to the following:
- Gaming-Expert CRM Marketing Guidance & Support: Connect with Optimove’s team of CRM Marketing experts, offering strategic insights, deep industry knowledge, and personalized support.
- Extensive Industry Insights: Access exclusive Benchmark Reports based on Optimove’s proprietary data from 1,200+ brands, helping operators refine strategies, measure performance, and gain a competitive edge.
- Streamlined Onboarding: Streamlined integration with Optimove’s platform through a tailored onboarding process built for emerging operators. It enables a fast integration with Optimove’s platform to start driving marketing and business results immediately.
- Access to Optimove’s Thriving Community, OptiCircle: Join OptiCircle, Optimove’s community of iGaming professionals and thought leaders, including opportunities to be featured on industry podcasts and blogs.
- Preferential Commercial Terms: Receive competitive pricing and scalable terms designed to support the growth of emerging iGaming and sports betting operators.
Navigating Complexity: Empowering Emerging Operators to Scale and Compete
As noted, between higher customer expectations and more stringent regulations, the iGaming and Sports Betting landscape is increasingly complex. Without access to the right tools and expertise, emerging operators often struggle to scale and compete effectively. As the industry CRM leader, part of Optimove’s mission is to help all leaders successfully navigate these challenges and succeed in building sustainable and profitable businesses.
“Emerging iGaming and sports betting operators are a vital part of the gaming industry but often face obstacles reaching their potential in scaling and competing,” said Motti Colman, VP Revenue, Gaming at Optimove. “With Optimove Ignite+, emerging operators are finally empowered with the tools, insights, and support they have sought to build strong foundations for accelerated growth and maximize their impact in competitive markets. This program underscores our commitment to empowering all operators, regardless of size, to thrive in the ever-evolving iGaming and sports betting landscape.”
The post Optimove Announces Optimove Ignite+: A New Comprehensive Program Tailored to Accelerate Growth for Emerging iGaming and Sports Betting Operators appeared first on European Gaming Industry News.
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Dirtcube Interactive launches India’s first-of-its-kind backend platform ‘Specter’; set to empower & support game development studios
Dirtcube Interactive, a pioneering game and game-tech studio based out of Navi Mumbai has officially announced the launch of Specter, India’s first-of-its-kind backend platform designed to revolutionise the gaming ecosystem. This fully integrated solution combines all essential backend services such as player progression, game economy management, automated achievement and rewards systems, leaderboards, LiveOps, real-money features and much more into a unified platform that empowers developers and marketers to create immersive and scalable gaming experiences.
With a portfolio that includes hyper-casual games, game development and art services, and innovative products like Capshot, a social media app for memes and videos, and GameStarz, a mobile-based virtual world blending gaming and social interactions, Dirtcube Interactive has consistently pushed boundaries. The development of Specter stems from their experience and a keen understanding of the need for integrated backend tools in game development.
Consolidating multiple tools into a single solution, Specter enables developers to streamline operations and focus on creativity. Comprising features like dynamic achievements, currency and store systems, real-time competitions, and LiveOps, the platform enhances engagement while reducing complexity. The product is currently rolling out some early AI features, and over the next few months, it aims to completely transform how games manage Live Ops, respond to player behaviour, and generate new in-game content.
Specter’s USP lies in offering customisable backend services to meet the diverse needs of the gaming industry. It enhances cost and time efficiency, accelerating development timelines by up to four times, allowing teams to focus more on creating impactful gaming experiences. The platform’s cross-platform support unifies player communities across devices, creating a seamless and integrated experience for users.
Co-founder Pravan Parikh brings a wealth of experience from financial services, market research, and product development. His background in data analysis and market strategy has been instrumental in shaping Specter’s vision as the go-to backend platform for developers and studios.
Sharing his excitement on the launch of Specter, Pravan Parikh, Co-Founder & Product Lead, Dirtcube Interactive LLP expressed, “We are delighted to officially launch Specter, a platform that represents years of dedicated effort, learning, and innovation. While India’s gaming and esports industry is experiencing rapid growth, significant gaps persist in the game development ecosystem. Specter is designed to bridge these gaps by empowering creators across industries with the tools they need to make game development more accessible, efficient, and rewarding. Our vision is for Specter to become the invisible hand that powers truly immersive gaming experiences.”
While Pravan focuses on shaping the product vision, his co-founder, Mikhail Bhuta, brings the technological backbone to Specter. As a seasoned technology innovator, Mikhail has been instrumental in crafting the platform’s high quality and scalable infrastructure, ensuring it meets the complex needs of today’s game developers.
“Specter is designed to address the challenges game developers face, from scalability to real-time operations and seamless cross-platform integration. We’ve focused on delivering a backend solution that simplifies the development process while enhancing the player experience. Our goal is to create a platform that evolves with the rapidly changing gaming industry, featuring cutting-edge tools that keep developers ahead of the curve. With Specter, we aim to help developers all over the world lay the foundation for the next generation of immersive gaming experiences,” said Mikhail Bhuta, Co-Founder & Tech Lead, Dirtcube Interactive LLP.
Specter empowers multiple industries with its tailored solutions. For traditional video game development, it supports indie developers, hyper-casual publishers, and casual game studios with cost-efficient infrastructure and dynamic features. In gamification and consumer apps, the platform boosts engagement through leaderboards and rewards, benefiting fitness apps, social platforms, and loyalty programs.
In esports, Specter simplifies tournament management with dynamic leaderboards, match data handling, and secure prize distribution. Additionally, it also enables marketing and brand engagement by powering gamified campaigns, community challenges, and live events to create interactive brand experiences.
Looking ahead, Specter will focus on building a thriving developer community through collaborations with indie developers and midsize studios to shape new features. The platform is also pioneering the use of AI in LiveOps, aiming to revolutionise player engagement and revenue models by leveraging predictive and responsive AI systems. Additionally, Specter is expanding its reach by forging strategic partnerships with leading gaming engines and service providers to further enhance its ecosystem.
The post Dirtcube Interactive launches India’s first-of-its-kind backend platform ‘Specter’; set to empower & support game development studios appeared first on European Gaming Industry News.
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INCENTIVE GAMES CEO JOHN GORDON JOINS HOTTAKES AS STRATEGIC ADVISOR
John Gordon, CEO of Incentive Games, has officially joined the HotTakes team as a strategic advisor, ahead of their highly anticipated US launch.
HotTakes, a leading B2C Free-to-Play sports prediction app with a strong affiliate network, has achieved rapid growth in the Canadian market and is poised for major expansion with their upcoming launch in the United States.
Incentive Games, an investor in HotTakes, has consistently supported the company throughout their journey, participating in the past two funding rounds. John Gordon has been actively involved in providing strategic guidance on product development and overall business strategy, and HotTakes has now formalised this valuable relationship.
John Gordon said, “I am incredibly proud to be part of the HotTakes journey. Their growth trajectory is genuinely outstanding and collaborating with Tyler, James, and Kevin has been a joy over the last few years. Their understanding of product development, technology, and how to build something special is evident in their success. At Incentive Games, we excel in player retention, and I firmly believe that the HotTakes team possesses unrivalled expertise in user acquisition.”
James White, COO and Co-Founder of HotTakes, added, “We couldn’t be more thrilled to formally announce John as our strategic advisor. His rare blend of product, relationship building and leadership skills is unparalleled in the space – he has had a monumental impact on our company. John and Incentive Games’ expertise in retention, combined with our focus on acquisition, has been a match made in heaven.”
The post INCENTIVE GAMES CEO JOHN GORDON JOINS HOTTAKES AS STRATEGIC ADVISOR appeared first on European Gaming Industry News.
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