Regulator Lifted Suspension of Spearhead Studios

This week B2B iGaming software provider EverMatrix declared that its game development division got a new opportunity in the UK. This company got a massive reputation in the online gaming market when it collaborated with Spearhead Studios in 2019. Gaming Innovation Group’s game development division has created and managed the Studio which eventually hand overed to the EverMetrix.

The Gambling Commission recently ameliorates this UK license including Casino host activities. Now, it has become easy for its in-house market to enlarge its portfolio title’s availability in the local market.

Game developers used its parent company’s remote gaming server named RGS Matrix to develop the products. Currently, the server has Book of princess, Book of souls II: EI Dorado and Blue Diamond Book, and more than 31 gaming titles with slot hits.

After the launch of Spearhead Studio, more than 100 operators now can use its game libraries. Microgaming and ORYX Gaming and other operators could use it through casino aggregation partnership with predominant platform providers and also with direct integrations.

This Studio has now expanded its business in Latvia, Romania, Lithuania, Colombia, Sweden, Denmark, Estonia and Spain and beyond Europe.

Business in the UK

Managing Director of Spearhead Studios Mathias Larsson said about their arrival into the UK market that launching their titles into the UK market created enormous excitement. They were hopeful about enlarging their business connectivity in the UK online gaming market with enthralling titles.

In 2019 Gambling Commission suspended its B2C because of social responsibility comeback and weak compliance. That’s why the company had to close down its white-label activities in the United Kingdom. The regulator informed the company about its customer interaction maintenance. It will lift the suspension if EverMatrix could prove their operations complying with regulations and full obligation.

Declared by the B2C closing in the UK, the company claimed that it has to consider after continuing successful and problem-free operations in several years that its white label business was irreparably damaged in the market. They also contended despite making efforts to convince the local regulator, and the EverMatrix can provide a responsible, safe and compliant manner to the United Kingdom’s players.

 

Posted in UK