Familiar online slots under brand new launch with 3 Oaks on IOM
The Isle of Man Gaming Supervisory Commission (GSC) has issued a coveted IOM OGRA Software Provider License for 3 Oaks Gaming, a new brand owned by green rock Limit. Amber Game Group of Malta and IOM, a company specializing in multi-jurisdictional licensing and regulatory compliance, provided advice.
The iGaming distributor will work with licensed B2C operators and B2B gaming partners to provide a growing portfolio of casino games for online gaming as well as a suite of promotional and marketing tools. The license should extend developer reach and facilitate rapid and efficient deployment with licensed operators in multiple jurisdictions.
The license is seen as a first step in the company’s compliance regiment as it works towards an even broader expansion into multinational markets. Licensing is already underway and in the final stages in some of Oaks Gaming’s 3 target jurisdictions, which will include the ability to operate in regulated markets as diverse as Romania, Colombia, Malta, Sweden, Italy and Bulgaria.
IOM private/public channel assisted certification
Digital Isle of Man participated in the development. It is a public/private partnership which operates as an executive agency within the Isle of Man Government. Business Department. Tony Ure, head of eGaming for the conduit which aims to serve as a bridge between government and business in an economy that already includes a 30% digital technical component, said:
“It is a pleasure to welcome 3 Oaks Gaming to the island. Ensuring the island has a favorable ecosystem for gaming companies to operate their business in, while maintaining our reputation as a highly regulated jurisdiction that prides itself on player protection is key to the continued growth of this sector on the island. ‘Isle of man. I wish 3 Oaks Gaming much success in their future endeavours..”
Amber Gaming’s Managing Director, Jade Zorab, added: “We are proud to have supported 3 Oaks Gaming throughout the software licensing process and excited that they are now able to take the next step towards global growth. It is a testament to the benefits of the Isle of Man Software License to have attracted a candidate of this caliber and we look forward to continuing our partnership with 3 Oaks Gaming in the future.”
An ideal base for development and global expansion
Sebastien DamienManaging Director of 3 Oaks Gaming, added: “We are incredibly proud of this achievement as we seek to deliver high quality, innovative and exciting casino gaming content to regulated jurisdictions around the world.”
Damian also noted that 3 Oaks chose the Isle of Man for their launch pad due to the strong reputation of the Gambling Supervision Commission and “robust licensing process”, adding that it would provide an ideal base from which shaping business expansion on other regulated markets.
He added: “Our goal is to become a leading content distributor in the global regulated online gaming industry, and we are excited to begin our journey as we expand our international footprint over the coming months.
The provider’s games are all rendered in HD quality in 2D and 3D and feature the highest performing mathematical models. Although all games are already available in at least 10 languages, any new language can be added in as little as 2 weeks. We found several titles, including Big Panda Hold and Win rendered in no less than 19 languages to date. The themes are varied and cover several cultures and places.
Part of the game catalog has been in development since at least 2019 and was previously marketed under the Booongo brand with a Curaçao license. Until recently, Booongo’s main development center was in Ukraine. It’s unclear if the catalog will be shared or even if the original brand will remain available to players in the United States.
Source: 3 Oaks Gaming granted Isle of Man Software Provider License, Digital Isle of Man, March 2022