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VeliTech announces South African iGaming market entry

Licences & markets

VeliTech announced on 15 January 2025 that it is entering South Africa, offering local operators its player account management, CRM, payments and game aggregation products. CEO Giorgi Aleksidze said the move is part of the company’s global expansion; VeliTech named Nazzlee Byars as regional representative for the venture.

South African operators can consider VeliTech’s player account, CRM, payments and game aggregation products.

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Licences & markets

Gibraltar grants two prediction market authorisations

Gibraltar has granted two prediction market authorisations, and the government says further applications are in progress. Justice, Trade and Industry Minister Nigel Feetham opened the Prediction Markets Summit Europe on 10 November and warned operators that Gibraltar authorisation does not permit them to offer products in every other country. Gibraltar’s regulations took effect on 13 July and require a separate authorisation for the activity.

Gibraltar’s government has issued two prediction market authorisations, with additional applications pending. Nigel Feetham, Gibraltar’s minister for justice, trade and industry, cautioned operators not to assume the authorisation permits sales in every other country.

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