Magnet Gaming awarded UK provider licence

Danish online slots provider Magnet Gaming has been granted a Remote Gambling Software Operating Licence by the UK Gambling Commission, enabling it to access operators in the UK market.

Magnet’s head of game licensing, Thomas Nielsen, said in a statement that the licence is strategically important for the company as it looks to expand beyond the borders of the Danish domestic market.

“The UK market is one of the biggest and longest-established anywhere in the world. As a result, its regulatory standards are extremely high and we are very proud to have been trusted with a licence,” he said.

“We believe this will be a significant stepping stone for us as we’re confident our games will appeal to a new generation of British slots players and the retention rates will have an impact on the revenue streams of UK-facing operators.”

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