Casumo

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Casumo
IndustryOnline casino
Founded2012
HeadquartersSwieqi, Malta
ProductsCasino, Games, Table games, Jackpots
OwnerCasumo Services Limited
WebsiteCasumo.com

Casumo is a Maltese company in the online casino industry that provides games through its desktop and mobile products for both Casino and Sportsbook. Casumo has its headquarters in Malta in Swieqi, and has additional offices in Barcelona and Gibraltar.

Background[edit]

Casumo is licensed to operate remote gaming business by the Malta Gaming Authority.[1] In 2015, Casumo received its license[2][3] to operate in the United Kingdom from the UK Gambling Commission. In April 2019, Casumo received a 5 year license to operate in Denmark from the Danish gambling authority.[4][5]

In March 2018, Casumo agreed a deal with sportsbook supplier Kambi, to deliver a gamified sports betting product to its customers. It also opened it's UK Sportsbook market in late 2019.[6]

Regulatory sanctions[edit]

On 10 May 2018 the UK Gambling commission imposed a financial penalty under section 121 of the Gambling Act at the sum of £5,850,000 on Casumo Services Limited. The fine was due to breach of Anti money laundering measures and failure to comply with social responsibility code of practice. The licensee has accepted the decision. [7]

On 2 April 2019 Casumo was yet again hit by another regulatory imposed fine by the Dutch gambling regulator Kansspelautoriteit (KSA) for the amount of €310,000 for illegally targeting consumers in the Netherlands. [8]

Sponsorships[edit]

Casumo has recently partnered with the eSports team Planet Odd[9][10] and has also sponsored Wembley Arena[11] where eSports events are held.

On 28 June 2019, Casumo announced a two-year principal sponsorship deal with Reading F.C.[12]

Reviews[edit]

Casumo has generally negative reviews on Trustpilot with a poor rating as of 28 May 2020 [13]

Awards[edit]

  1. 2013 eGaming Review (EGR) Awards: Rising Star
  2. 2014 eGaming Review (EGR Awards: Innovation in Casino[14]
  3. 2015 eGaming Review (EGR) Awards: Innovation in Casino
  4. 2015 eGaming Review (EGR) Awards: Mobile Casino Product of the Year
  5. 2017 eGaming Review (EGR) Awards: Affiliate Program[15]
  6. 2017 eGaming Review (EGR) Nordic Awards: Mobile Operator[16]
  7. 2018 eGaming Review (EGR) Nordic Awards: Mobile Operator[17]
  8. 2019 International Gaming (IGA) Awards: Online Casino Operator[18]
  9. 2018 UK Gambling Commission (UKGC) [7]

References[edit]

  1. ^ "Licensed Operators - Malta Gaming Authority". Mga.org.mt. Archived from the original on 2017-06-06. Retrieved 2017-08-11.
  2. ^ "Casumo continues expansion efforts with UK launch". igamingbusiness.com. 2 October 2015. Archived from the original on 9 August 2017. Retrieved 2017-08-11.
  3. ^ "Account details". Secure.gamblingcommission.gov.uk. Archived from the original on 2017-08-09. Retrieved 2017-08-11.
  4. ^ "Casumo launches in Denmark". egr.global. Archived from the original on 2019-05-09. Retrieved 2019-05-24.
  5. ^ "Casumo Service Ltd". spillemyndigheden.dk. Archived from the original on 2019-05-24. Retrieved 2019-05-24.
  6. ^ "Casumo Enters Sports Betting Market with Kambi Deal". 14 March 2018. Archived from the original on 7 August 2018. Retrieved 19 March 2018.
  7. ^ a b "Gambling Commission takes widespread regulatory action against online casino operators". gamblingcommission.gov.uk. Archived from the original on 2019-09-14. Retrieved 2019-11-13.
  8. ^ "Casumo faces €310k Dutch fine". iGaming Business. 2019-04-02. Retrieved 2020-05-28.
  9. ^ "Planet Odd sign Thunderbirds". Gosugamers.net. Archived from the original on 2017-08-10. Retrieved 2017-08-11.
  10. ^ "Malta based igaming company Casumo, invests in esports!". Gamers.com.mt. Archived from the original on 2017-08-10. Retrieved 2017-08-10.
  11. ^ "Casumo secures live partnership with SSE Arena Wembley". Sbcnews.co.uk. 8 March 2017. Archived from the original on 12 March 2017. Retrieved 2017-08-11.
  12. ^ "Casumo signs two-year partnership deal with Reading Football Club". readingfc.co.uk/. Reading F.C. 28 June 2019. Archived from the original on 28 June 2019. Retrieved 28 June 2019.
  13. ^ "Casumo is rated "Poor" with 2.1 / 5 on Trustpilot". Trustpilot. Retrieved 2020-05-28.
  14. ^ "EGR Rising Star Award 2014". egrmagazine.com. May 2018.
  15. ^ "EGR Operator Awards Winners 2017". Archived from the original on 2018-08-07.
  16. ^ "EGR Nordics Awards 2017 - Winners". egr.global. Archived from the original on 2017-01-28. Retrieved 2017-08-11.
  17. ^ "2018 eGaming Review (EGR) Nordic Awards: Mobile Operator". egr.global. Archived from the original on 2018-03-23. Retrieved 2018-03-11.
  18. ^ "2019 International Gaming (IGA) Awards: Online Casino Operator". gaming-awards.com. Archived from the original on 2019-02-07. Retrieved 2019-02-06.