The True Flip Group, which operates and owns the True Lab online casino games studio, has acquired a B2C permit from the Malta Gaming Authority for its new igaming venture.
Following what the group lauds as a number of “successful developments throughout 2020,” which include a multitude of distribution deals as well as addition to Yggdrasil’s YG Masters programme, the firm is preparing to launch its Emojino brand on the company’s custom platform solution.
When discussing the ambition to up its regulated market reach earlier in the year, Vasily Polynov, chief business development and communications officer at True Lab, touched upon ongoing work with the MGA on a B2C permit.
Praising the licence as “a gateway to many desired markets” and “a good sign for many potential partners,” the “disruptive casino brand” was labelled as “the next big thing” for the company.
Konstantin Katsev, True Flip Group co-founder, elaborated on Polynov’s earlier comments: “This year has shown a great potential within our operation vertical, and we’re really proud to receive the MGA B2C permit. Together with the B2B license acquired last year, this marks a very positive step in our journey towards regulated markets,” he says.
“Having put some outstanding efforts into polishing a powerful software solution, both our operation and technical teams prepared a solid ground for the launch of our next casino brand. There’s no doubt that being completed with a trusted legal framework, our new casino products will meet the highest expectations.
“In the coming year we will evaluate our demand in the additional local licenses and start working to acquire the first of these.”