industry/LAWS AND REGULATIONS

Fennica Gaming Achieves Significant Milestone with Gaming-Related Vendor License in UAE

The General Commercial Gaming Regulatory Authority of the UAE has granted Fennica Gaming a license as a gaming-related vendor. Securing the license is a significant milestone for the company, allowing it to expand its presence in the market.

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Summary

  • The General Commercial Gaming Regulatory Authority of the UAE has granted Fennica Gaming a license as a gaming-related vendor.
  • Securing the license is a significant milestone for the company, allowing it to expand its presence in the market.
  • Timo Kiiskinen, the Managing Director of Fennica Gaming, emphasizes the significance of obtaining the new license.
Fennica Gaming, a premier business-to-business (B2B) provider of real money gaming solutions and services, is further expanding its global footprint. The company recently announced the acquisition of a gaming license in the United Arab Emirates (UAE), marking a significant milestone in its growth journey.

GCGRA granted the company a Gaming Related Vendor License

Fennica Gaming has received a Gaming Related Vendor License from the UAE's General Commercial Gaming Regulatory Authority (GCGRA). This strategic license enables the company to provide its Games as a Service products and solutions to licensed operators within the UAE. Securing this license confirms Fennica Gaming's compliance with the region's gambling regulations and sets the stage for future growth. The license also highlights the company’s commitment to integrity and offering innovative gaming solutions. Currently, Fennica Gaming operates in over 15 countries across three continents, and obtaining the UAE license positions it as a leader in this emerging market, strengthening its reputation as a dependable partner in regulated gambling sectors. This development follows another significant milestone for Fennica Gaming. Late last month, the company expanded its reach in Europe by obtaining a B2B license from the Hellenic Gambling Commission (HGC), the gambling authority of Greece.

The license marks a milestone in Fennica Gaming's growth plan

Several leading providers of casino solutions, games, and technology are exploring opportunities to expand their presence by entering the UAE market. Recently, Scientific Games obtained a lottery vendor supplier license in the region. Like Fennica Gaming, Scientific Games can now offer its services to licensed operators in the area. Timo Kiiskinen, Managing Director of Fennica Gaming, expressed his enthusiasm for this development, as reported by Casino House Group News via a press release. Receiving the Gaming Related Vendor License from the GCGRA is a significant milestone for Fennica Gaming as we continue to expand globally, he stated. He further commented, The UAE represents a dynamic new market for us, offering an opportunity to enter new continents and explore fresh markets. We are excited to contribute to the evolution of its regulated gaming sector with our trusted and innovative solutions. In April, another service provider in the rapidly growing gambling industry, NOVOMATIC, also secured a license to operate in the UAE.

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