The games studio HitSqwad is set to launch in Great Britain’s regulated gambling market after receiving approval for a remote gambling software licence.
This comes after the Gambling Commission awarded Oryx Gaming, a subsidiary of Bragg Gaming Group, a supplier licence to operate in the UK.
HitSqwad receives GB licence
The British Gambling Commission, which regulates the UK gambling market, has awarded the game studio HitSqwad a remote gambling software licence.
With this licence, the studio will be permitted to offer its online games to licensed operators in Great Britain.
According to the company, the new licence will form part of its wider plans to launch jackpot games in core regulated markets across the globe. The first of these titles is set to go live in Britain via Playzido early in 2022.
HitSqwad is currently in the process of developing a series of jackpot themes, each of which will have a family of associated games with a mobile-first focus.
“Securing our British Gambling Commission licence is a milestone moment for HitSqwad,” HitSqwad chief executive Charl Geyser said. ”Not only is it our first major licence, but it allows us to launch our content into one of the world’s largest online gambling markets.
“Our strategy going forward is to now secure additional licenses in other key regulated markets with the objective being to provide as many operators and their customers with access to our innovative and exciting jackpot games as possible.”
What is HitSqwad?
HitSqawd is a Mauritius-based developer that focuses on creating bespoke online jackpot games. The studio offers its products under royalty agreement to licensed operators or affiliates in different markets.
The company’s chief executive officer Charl Geyser has more than 25 years of experience working within the land-based gaming sector, while company director David Axten has over 25 years of experience in financial and capital markets.
Meanwhile, director George Titan has over 14 years of experience in accounting, specialising in corporate finance, taxation, strategic planning and company structuring.
Hayden Zwart, general manager of development and operations, has also worked in the online gambling sector for more than 23 years.
Another license awarded by the Gambling Commission
Earlier this month, the Gamblnig Commission also awarded a licence to Oryx Gaming, a subsidiary of Bragg Gaming Group.
The Commission awarded Oryx a supplier licence that will allow the firm to supply content to operators in the country. Several of the games have already been certified for the market and are expected to go live with some operators by the end of the year.
Britain marks the latest market for Oryx which also gained access into Greece and the Netherlands earlier this year.
Speaking on the licence, Bragg chief commercial officer Chris Looney said: “The UK online gambling market is unmatched in terms of size and maturity and the world’s leading operators all have a presence in the jurisdiction.
“This licence and our pending entry into the UK market before the end of the year will help to accelerate our international growth trajectory and offers another proof point of the success we continue to achieve with the execution of our global market expansion initiatives.”
Last month, the Commission also awarded a remote gambling software and games host licence to the casino content developer Jogo Global.