Boldplay benefits 'Home territory' gaming license for Gibraltar

Industry News

Boldplay benefits 'Home territory' gaming license for Gibraltar

Boldplay has announced that its entire library of games has been granted formal certification, making them eligible for publication on casino websites licensed by the Gibraltar Licensing Authority.

As of the beginning of this month, the company was granted a gaming license for the territory of Gibraltar. As a result of this, the company's portfolio of more than 80 different slot machines, table games, bingo, keno, and virtual scratch card titles will now be available to new players in the region via operators in the country.

Valli Fragoso, founder and chief executive officer of Boldplay, made the following statement: "Having signed a number of significant partnership deals over the past few months, we're delighted to keep up Boldplay's strong momentum this year with another good news story for the company and the acquisition of a gaming license in Gibraltar."

We are very thrilled to be able to promote our brand across all GLA-regulated gaming platforms in the industry. We are also optimistic that the new license will open more growth potential for the firm as we continue to develop throughout the year 2023.

The studio has already obtained certification to distribute its suite of products from the United Kingdom, Portugal, Malta, and the Isle of Man. With the approval of its first fully-fledged license, the studio will be able to pursue further partnerships in Gibraltar, as well as introduce its features and jackpots to a new audience, according to the Boldplay.

The granting of the license operates in a manner that is analogous to how the draft of Gibraltar's Gambling Act would operate.

The draft suggested that licensees could be needed to establish a "sufficient substantial presence" in Gibraltar. This proposal was made public in May of the previous year.

When the draft of the law for Gibraltar was made available for consultation at the time it was published, it was possible that the legislation would have five goals for the regulation of gambling in the British overseas territory of Gibraltar. On November 30, the consultation period for the consultation paper came to a conclusion. During this period, everyone who was affected might have provided their feedback.

The measure has been presented to the House of Representatives, and an update is still forthcoming.