Live casino provider Quik Gaming has announced it’s secured a UK gambling license.
The studio, which offers “one-of-a-kind Unique Live Games” that blends slot and live game aspects, announced the news this week, revealing that the studio is now able to launch its games in the United Kingdom after a long, thorough preparation exercise to meet the Commission’s stringent requirements.
In its press release, Quik Gaming described the news as a “big step” for the studio and explained that it’s received “encouraging” feedback from the UK market, with gambling operators acknowledging the “freshness” of Quik’s products as well as their appeal to the UK market.
Timothy Bartolo Parnis, the COO at Quik Gaming, said of the news: “This is a huge step for Quik as the UKGC is known to have strict regulation requirements to comply with.
“We have a long line of parties interested in our innovative Unique Live Games. We can’t wait to see the joy of players’ faces as they interact with our games for the first time.”
Quik Gaming launched back in 2018, aiming to transform the live gaming market by “bridging the exhilaration of slot games and the integrity of live games to deliver players a product that is unique, exciting and unforgettable”.
In addition to approving Quik Gaming, the UK Gambling Commission this week provided an update on its investigation into BetIndex and its Football Index website.
Football Index was a betting website that allowed users to trade shares in professional footballers. After cutting dividends from 14p to 3p, the website fell into administration and suspended its business, causing customers to lose thousands of pounds.
The UK Gambling Commission, which suspended Football Index’s operating license shortly before its fall into administration, launched an investigation into the website and parent company BetIndex several months ago, and it’s finally shared an update.
In its update, the Commission explained that BetIndex is still in administration and that it remains in close contact with the company. Addressing customers’ loss of funds, the Commission said it’s the Administrators’ responsibility to resolve the return of funds to customers.
The Commission said: “This is not something that can be directed by the Gambling Commission, but we are in contact to make sure any legal obligations covered by our remit are met.
“In respect of ‘Trust Deed monies’ – the money put aside by the company to cover customer stakes in the event of financial difficulties – these funds are currently being held by the Viscount of Jersey.”
They continued: “Following a decision in the courts earlier this month, repayment of the monies to customer wallets is continuing as planned with a court hearing having taken place on the 22 June in Jersey to recognise the High Court Order.
“The next steps will see customers being notified by email when the monies are released. At that point customers will be able to log into their Football Index account and make a withdrawal request.”
The regulatory body then explained that its investigation is ongoing and that it will continue to provide updates when it has more information to share.
The Commission ended its update by welcoming the UK Government’s review, led by Malcolm Sheehan QC, which will examine the way that complex gambling products are regulated.
The news comes after a new survey commissioned by the UK Gambling Commission found that over 30% of UK players who had gambled in the last 12 months said that ads had encouraged them to do so.
Also this week, casino game developer Pragmatic Play has launched its live casino games with the Betsson Group after expanding its original content agreement with the operator.
Under the newly expanded content agreement, customers at Betsson will be given complete access to Pragmatic Play’s live casino titles, including Blackjack Azure, Mega Wheel, Roulette Azure, and numerous others.
The developer’s live casino titles have earned praise for offering players an immersive experience by utilising the latest 4K streaming technology, as well as experienced real-life dealers.
Lena Yasir, the Vice President of Malta Operations at Pragmatic Play, said in a statement: “Betsson is a huge operator brand and we’re delighted to take our comprehensive range of live casino games live with them across European regulated markets.
“The strength of our live dealer products has seen them be sought after all over the globe and we’re incredibly proud of the hard work that has been put into the portfolio by our team, which is being recognised by leading operators globally.”
Jamie Busby, the Head of Live Casino at Betsson Group, added: “Pragmatic Play has a strong reputation for delivering stellar iGaming experiences and its live dealer selection offers amazing games for our players.
“With a broad range of titles for players of all demographics, we’re very happy to add this content to our offering and look forward to a long and successful partnership.”
The news comes after Pragmatic Play donated £10,200 to Cancer Relief in Gibraltar, and as the developer continues releasing new slots, including 5 Lions MegaWays, Lucky Lightning, Dragon Hot Hold & Spin, Heart Of Rio, Phoenix Forge, Cash Elevator, The Magic Cauldron: Enchanted Brew, Panda’s Fortune 2, and several others.
Meanwhile, Pragmatic Play has been forming content agreements with other gambling operators to expand its presence, including BetVictor, Kindred, DoradoBet, Juega En Linea, 32Red, Kaizen, Jogos De Sorte, RGT, Lucky Days, GGPoker, and others.