Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, September 13 2019 - 00:49
AsiaNet
Market-leading Blockchain Casino Technology Provider FunFair Technologies Approved for First Isle of Man Token-based Supplier License
DOUGLAS, Isle of Man, September 9, 2019 /PRNewswire-AsiaNet/--

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.

SOURCE: FunFair Holdings (IOM)