DOUGLAS, Isle of Man, Sept. 12,
2019 /PRNewswire/ -- FunFair Holdings (IOM)
LTD, - FunFair Technologies, the market-leading
decentralised B2B casino platform, has set another industry first
being approved for a tier one, Token Based Supplier license from
the Isle of Man.
The license is set to support FunFair's ongoing growth and wider
business strategy focusing on regulated gambling in the blockchain
space. It will enable FunFair to operate within the framework of a
tier one gaming jurisdiction, ensuring full compliance with its
regulations and further safeguarding FunFair-powered casino
customers and end users.
It also places FunFair directly in front of the Isle of Man's
licensees as the most legitimate blockchain casino platform on the
market. Further enabling FunFair to drive home the huge benefits of
blockchain and the FunFair platform to igaming companies through
their whitelabel and operator licensed offering.
As part of the licensure process, FunFair has established -
FunFair Holdings (IOM) Ltd - based in the Isle of Man to work
closely with regulatory bodies and other licensed organisations
based out of the dependency.
Stefan Kovach, CCO at FunFair
Technologies, commented, "We're incredibly proud and excited to
have been approved for a license from a tier one gaming
jurisdiction. Not only does this legitimise FunFair's blockchain
gaming ecosystem but it also keeps us right there as a leader at
the forefront of regulated, decentralised technology and
token-based gambling"
Lyle Wraxall, CEO of Digital Isle
of Man, commented; "Digital Isle of Man is delighted to welcome
FunFair to the Isle of Man as the first operator to obtain a
token-based software supplier licence in our jurisdiction. The
agency is continually working to develop the Island's digital
sectors and what makes this license so exciting for us is that it
links two of our key sectors; eGaming and Blockchain. As an
addition to our cluster of digital stakeholders, FunFair will offer
opportunity for existing Isle of Man operators to take on new
products as a result of the license."
About FunFair Technologies
FunFair is the leading B2B blockchain casino platform provider
revolutionising the online casino industry. FunFair's offering
extends to operators and whitelabels alike; with two brands live
and another in development. FunFair continue to focus on their
mission - to provide the ultimate blockchain casino platform,
enabling consumers to experience world class games that are fairer,
safer, more efficient and more user friendly.