The online casino, Mr Green, has been granted a UK gaming license. While Mr Green already holds a license, the online casino can only operate in the UK with a local gaming license.
After Mr Green & Co had confirmed that the company had received its UK gaming license, the gaming operator's shares in Stockholm rose by almost four percent.
Mr Green Officially Enters UK Market
The gaming license from the UK Gambling Commission, was awarded to the Mr Green & Co's subsidiary, Mr Green Ltd. This is the second local gaming license that Mr Green has been granted. The first local gaming license for the online casino operator was granted in Italy, another country that does not allow operators to legally offer gaming without a local license.
Gaining the UK gaming license is in line with Mr Green's strategy to expand by entering regulated gaming markets. The predicted revenue from the UK gaming market is likely to substantially increase the company's revenue within the next few years.
Per Norman, the Chief Executive Officer of Mr Green & Co, commented on the company's new license, saying: "It is the group's strategy to operate in several regulated markets, which makes it satisfying that Mr Green has been granted a license in the UK. Mr Green is keen to see more countries implementing regulation that allows more players to conduct operations on equal terms, at the same time as assuming social responsibility for gaming."
With the changes in the gambling laws in the United Kingdom over the past year, all gaming companies, including gaming operators, who wish to offer their wares to UK residents, need to hold UK licensing. A number of gaming operations, such as Mr Green, have held temporary gaming licenses until being granted a full license by the UK Gambling Commission. Mr Green also holds a gaming license in Malta.
About Mr Green Casino
Mr Green Casino opened its virtual doors in 2008. Since that time, the online casino that stems from the Swedish gaming market has risen in popularity, offering its gaming in a number of locations around the world.
The online casino utilizes gaming software from a number of software providers, including NetEnt. The online casino is is available in both the Flash version and as a mobile casino.