UAE approves business license for Fennica Gaming, allowing them to operate as a gaming supplier within the region.
Fennica Gaming, the renowned B2B provider of real money gaming solutions and services, has made a significant stride in its growth plan. The company has announced its successful acquisition of a gaming license in the United Arab Emirates (UAE). This strategic move, granted by the UAE's General Commercial Gaming Regulatory Authority (GCGRA), marks a significant milestone for Fennica Gaming.
The newly obtained Gaming Related Vendor License enables Fennica Gaming to offer its innovative Games as a Service products to operators holding licenses in the UAE. This license underscores the company's compliance with the UAE's gambling framework and paves the way for further expansion. It also testifies to Fennica Gaming's commitment to integrity and delivering top-tier gaming content and solutions.
Fennica Gaming is currently operational in over 15 countries across three continents. Securing the UAE license consolidates its position as a leading player in the regulated gambling market. This move further bolsters the company's global footprint, positioning it as a reliable partner for operators worldwide.
This news comes on the heels of another significant announcement from Fennica Gaming. Last month, the company successfully secured a B2B license in Greece, granted by the Hellenic Gambling Commission.
The UAE market has been attracting the attention of leading casino solutions, games, and technology providers. Recently, Scientific Games also secured a vendor supplier license in the UAE, similar to Fennica Gaming's new license. Likewise, NOVOMATIC obtained a license in the UAE back in April, setting a precedent for other providers.
Fennica Gaming's Managing Director, Timo Kiiskinen, expressed his excitement about the recent achievement. According to a press release, Kiiskinen stated, "Securing the Gaming Related Vendor License from the GCGRA is a significant step for Fennica Gaming as we continue to grow our global presence."
The UAE, as a dynamic and growing market, presents an excellent opportunity for Fennica Gaming to expand its customer base and revenue streams. This strategic move strategically positions the company for growth in a new market and continent. Kiiskinen further added, "We are excited to contribute to the development of the UAE's regulated gaming sector with our trusted and innovative solutions."
[1] - Securing a license in the UAE offers Fennica Gaming the chance to enter a new market and continent, thereby expanding its customer base and revenue streams.
[2] - The UAE market, with its regulatory compliance and growing potential, offers Fennica Gaming the opportunity to demonstrate its commitment to regulatory compliance and its reputation as a reliable partner to operators worldwide.
[3] - The license consolidates Fennica Gaming's position in the regulated gambling market and further bolsters its global footprint, enhancing its reputation as a trusted gaming technology provider.
[4] - Being licensed for the UAE's regulated gaming sector gives Fennica Gaming a competitive edge over non-licensed vendors.
[1] Fennica Gaming's successful acquisition of a gaming license in the United Arab Emirates (UAE) opens up a new market and continent, providing an opportunity for the company to increase its customer base and revenue streams.
[2] By complying with the UAE's gambling regulations and obtaining a license, Fennica Gaming positions itself as a trusted and reliable partner to operators worldwide, demonstrating its commitment to regulatory compliance within the gambling industry.
