Licence enables platform technology vendor to manufacture, supply, install and adapt its gambling software and offer its technology to UK-licensed gaming operators
Pragmatic Solutions has announced that it has been granted a remote operating licence from the UK Gambling Commission.
The licence was issued under Part 5 of the Gambling Act 2005 and enables the igaming platform technology vendor to manufacture, supply, install and adapt its gambling software and offer its technology to UK-licensed gaming operators in full compliance with the UK regulatory regime.
Pragmatic Solutions is the platform technology sister-company of the industry content leader, Pragmatic Play. The company provides igaming operators with enterprise SaaS platform technologies built around a core Player Account Management (PAM) platform.
The Pragmatic Solutions PAM is designed using a modern microservices architecture and contains a player account, wallet, CRM tools, bonus management tools, payment tools, KYC/AML and fraud-prevention services, and is underpinned by rules-based automation throughout.
In addition to the PAM, Pragmatic Solutions provides a content management system to power the gaming brand front end clients and an integrations hub to connect the operator to a multitude of third-party content, payment gateways and services.
Commenting on the news, Ashley Lang, Pragmatic Solutions’ CEO, said: “This is yet another important milestone in the strategic development of Pragmatic Solutions as a leading technology provider to the regulated igaming industry. Obtaining a licence from the UK Gambling Commission is not only critical to the ability to grow our business in the UK, but also further demonstrates our commitment to meet the highest technical and compliance standards of the industry worldwide.”
Lloyd Lemmon, head of legal and compliance for the company added: “The Gambling Commission is widely regarded as having the highest standards for regulation, player protection and social responsibility, so we are proud to have obtained this approval for our business.”