Casumo services limited casinos

Online casino and sportsbook company

Casumo is a Maltese online casino and sportsbook services company, which includes video slots, jackpot games, live casino, table games and betting. Casumo has its headquarters in Malta in Swieqi, and has additional offices in Barcelona,Gibraltar and Zagreb. Casumo also owns online casino operators Dunder and Kazoom Casino.

Background[edit]

Casumo is licensed to operate a remote gaming business by the Malta Gaming Authority.^[1] In , Casumo received its license^[2][3] to operate in the United Kingdom from the UK Gambling Commission. In November , Casumo received its license in Sweden from the Swedish regulator, Spelinspektionen.^[4] In March , Casumo agreed a deal with sportsbook supplier Kambi, to deliver a gamified sports betting product to its customers. It also opened its UK sportsbook market in late ^[5] In April , Casumo received a 5-year license to operate in Denmark from the Danish gambling authority.^[6][7]

Operations[edit]

In March , Casumo announced a deal with B2B sports service organization the Kambi Group.^[8]

In April , Casumo announced its strategic partnership with iGaming content provider SYNOT Games.^[9]

[edit]

Casumo had partnered with the eSports team Planet Odd^[10][11] and has also sponsored Wembley Arena^[12] where eSports events are held.

On 28 June , Casumo announced a two-year principal sponsorship deal with Reading F.C.^[13]

Awards[edit]

1. eGaming Review (EGR) Awards: Rising Star
2. eGaming Review (EGR Awards: Innovation in Casino^[14]
3. eGaming Review (EGR) Awards: Innovation in Casino
4. eGaming Review (EGR) Awards: Mobile Casino Product of the Year
5. eGaming Review (EGR) Nordic Awards: In-House Innovation^[15]
6. eGaming Review (EGR) Nordic Awards: Marketing Campaign^[15]
7. eGaming Review (EGR) Awards: Affiliate Program^[16]
8. eGaming Review (EGR) Nordic Awards: Mobile Operator^[17]
9. eGaming Review (EGR) Nordic Awards: Mobile Operator^[18]
10. International Gaming (IGA) Awards: Online Casino Operator^[19]

Regulatory sanctions[edit]

On 10 May the UK Gambling Commission imposed a financial penalty under section of the Gambling Act at the sum of £5,, on Casumo Services Limited. The fine was due to a breach of Anti-money laundering measures and failure to comply with the social responsibility code of practice. The licensee has accepted the decision.^[20]

On 2 April Casumo was yet again hit by another regulatory-imposed fine by the Dutch gambling regulator Kansspelautoriteit (KSA) for the amount of €, for illegally targeting consumers in the Netherlands.^[21]

In March Casumo was hit yet again by a €7m fine from the Gambling Commission after failing to comply multiple times with key elements within social- and financial concepts revolving around the industry.^[22]

In March , the Gambling Commission imposed a financial penalty after the company allowed a customer to lose £m without any interaction. The penalty was imposed under the Social Responsibility code provision , which states that ““licensees must interact with customers in a way that minimises the risk of customers experiencing harms associated with gambling”. As a result of not meeting the requirements for this in addition to anti-money laundering failures, the Gambling commission imposed a £6/$ million fine.^[23]

References[edit]