Entertainment supplier Playson has successfully obtained a B2B license from the Gibraltar Licensing Authority, marking a significant milestone for the company. This achievement follows a thorough six-month preparation period, during which Playson submitted a detailed business plan and underwent scrutiny as part of the licensing process. The approval of this license positions Playson to expand its market reach and collaborate with betting companies in Gibraltar, including notable names like bet365 and William Hill.
Key Highlights:
Gibraltar B2B License: Playson’s successful acquisition of the B2B license from the Gibraltar Licensing Authority is a strategic move to strengthen its presence and partnerships in the region. This license enables Playson to offer its engaging content to a broader audience, including operators in the UK and international markets.
Preparation and Scrutiny: The licensing process involved an extensive six-month preparation phase, emphasizing the company’s commitment to meeting regulatory standards. Playson navigated through detailed scrutiny, showcasing its dedication to compliance and responsible business practices.
Anticipation of Growth: Playson’s license approval comes on the heels of a year of growth for the company. Looking ahead to the upcoming year, Playson plans to release a roadmap of content that includes more frequent launches of new games each month. This strategy positions Playson as a dynamic player in the entertainment supply industry.
Statements from Felicia Andronic, General Counsel at Playson:
Felicia Andronic, General Counsel at Playson, highlighted the significance of obtaining the Gibraltar license as a crucial milestone. She expressed the company’s pleasure at being approved by the Gambling Division, emphasizing the positive impact this license will have on Playson’s commercial growth. Looking forward, Andronic shared Playson’s plans for 2024, promising a packed schedule of game releases and supporting promotions to enhance player experiences.
Collaborations and Market Expansion:
Previous Collaborations: Playson’s commitment to expansion is evident in its previous collaborations. The integration of 85 omnichannel casino games into Reevo’s aggregator expanded Playson’s game library, providing operators across European markets with an enriched offering.
Playson’s acquisition of the B2B license from the Gibraltar Licensing Authority positions the company for sustained growth and increased collaboration with key players in the Gibraltar market. The strategic move aligns with Playson’s commitment to delivering engaging content and sets the stage for an exciting year of frequent game releases and promotional activities in 2024. As Playson continues to navigate the intersection of compliance, innovation, and market expansion, it solidifies its position as a leading entertainment supplier in the iGaming industry.