Developers not in possession of a Gibraltar license are not permitted to punt their games to online casinos licensed in the region. This applies to online operators too. Operators found to be guilty of offering unlicensed content risk being heavily fined and in some extreme cases, even being stripped of their own license.
Red Tiger has described its efforts to become Gibraltar-licensed as a logical next step and necessary move, since its list of customers doing operations in Gibraltar continues to grow. Examples of partner-operators include BetVictor and 888.
Red Tiger had last year already set the wheels of progress in motion when it applied for ISO certification. Notoriously difficult to obtain, ISO certification is becoming a basic minimum condition in terms of new licenses being issued by regulators.
What makes ISO certification to tricky and troublesome to obtain, is that companies have to submit their systems for continuous audits by various independent groups, as well as initial audits that have to be signed off before any business activities may commence.
The process is time-consuming and difficult, and the auditing standards and conditions are almost un-achievably high. The protection of data, a mainstream goal adhered to by ISO certification, is directly associated with the prevention of identity- and financial theft. Whilst ISO certification is not yet a pre-condition to licensing in general, things are moving in that direction at a rapid speed.
Many more suppliers are expected to follow in Red Tiger Gaming’s footsteps in the future. The competitive nature of the iGaming industry doesn’t allow anyone the luxury of the slack, and those who hope to remain competitive best shape up or ship out.
Red Tiger has shown impressive levels of commitment towards its global expansion plans and if those levels remain on par, they may very well achieve those goals soon than what is expected.