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Newgioco says wholly-owned software development subsidiary has obtained ISO-27001:2013 certification for safety management

Published: 14:00 01 Sep 2020 BST

Newgioco Group, Inc. -
Newgioco is a global leisure gaming technology company operating in 12 countries worldwide, with fully licensed online and land-based gaming operations in Italy

Newgioco Group, Inc. (NASDAQ:NWGI) has announced that Odissea Betriebsinformatik Beratung GmbH, its wholly-owned software development subsidiary, has completed the previously announced Stage 2 compliance and testing procedures and has obtained ISO-27001:2013 certification for safety management.

The global sports betting and interactive gaming technology company noted that the process involved a detailed and formal compliance audit and independent testing of the Information Security Management System (ISMS) that now certifies Odissea to manage the security of sensitive third party information such as financial assets, legal and personal details.

READ: Newgioco completes $10 million financing, wipes out debt and advances towards US expansion

The company said it has demonstrated that its software best practices, encrypted communications, backup systems and processes are built to prevent intrusions and avoid the theft of know-how and confidential information of its agent operators and their patrons.

In a statement, Luca Pasquini, VP of Technology at Newgioco Group said: “Obtaining the ISO 27001 certification on our Elys platform and operational procedures is another significant step in reassuring our customers and stockholders of our commitment to the highest international quality standards in information security.

“We are very proud to have obtained such an important certification, and confirms the trust that our partners, customers and workers have placed in us."

Newgioco is a global leisure gaming technology company operating in 12 countries worldwide, with fully licensed online and land-based gaming operations in Italy. The Company’s innovative alternative wagering system services online operators, resort concept casinos, retail neighborhood betting establishments and franchise distribution networks.

The group offers its clients a full suite of leisure gaming products and services, such as sports betting, esports, virtual sports, online casino, poker, bingo, interactive games and slots

Contact the author at jon.hopkins@proactiveinvestors.com

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