Casino software supplier, Red Tiger Gaming, has done themselves a great favor by acquiring not one but two new licenses that will significantly lead their path of expansion into brand new markets.
The significant jurisdictions of Alderney and Malta cover a large spectrum of countries and designated gaming markets which will become open for business for the young and dynamic team driving Red Tiger forward into new ventures.
A Part of the Bigger Business Plans
The License granted by Malta Gaming Authority (MGA) provides a crucial license this company has been missing as it will allow them to leave their footprint in regulated markets covered by this jurisdiction.
They will be offering their comprehensive gaming portfolio...
...top gaming operators catered for by the Alderney Gambling Control Committee, whose Category 2 Associate supply license the developer has also obtained in the same period of time as Malta's.
Red Tiger is strategically positioning itself for a major business initiative and push onto regulated market in the coming year, having been accredited for entering the markets of Italy, Spain and Denmark earlier this year – also by going through the necessary licensing procedure.
“A Milestone in a Journey”
CEO, Gavin Hamilton, commented that these brand new license approvals were very much in line with the company's broader strategy of continuing to enter regulated markets and expand in markets where they've already set foot.
“These licences mark a milestone in our journey as a supplier and are particularly significant in Malta, where we have established a significant presence and will continue to expand our headcount there over the next twelve months,” he stated, and continued:
“We’re are very pleased to have been approved for the new licences, which recognises not only the excellence of our products and their complementary tools, but also our commitment to social responsibility and transparency.”
Several Key Moments
The Isle of Man-based brand, like so many of their competitors and counterparts in industry, had a very fruitful 2018 during which they successfully finalized numerous deals and formed alliances.
Over the summer, they teamed up with online bingo operator, Jumpman Gaming to whom they have supplied their brand of content...
...Whereas this fall, a large corporate action was undertaken and, as a result, major deals have been signed with Lottoland and Mansion brands.
In the most recent of these ventures, Red Tiger has accredited with information security certification ISO 27001 in order to improve their customer data handling. CEO, Hamilton, noted that it is very important for the company to be judged by international standards when dealing with data and security and that “they are are confident this will serve us in good stead as we expand our business into new territories.”
Source:
“Red Tiger Gaming Acquires MGA and AGCC Licenses”, Red Tiger Gaming Newsletter, November 27, 2018.
TrufflePiggie 5 years ago Newbie
A big step forward, no doubt. Although the real king of licenses and jurisdictions is UKGC, of course.
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