February 13, 2009 (CAP Newswire) — RedKings.com has announced a new EU poker license, granted through a white label arrangement with software supplier Ongame and issued in Gibraltar.
This EU license puts RedKings in a strong position to access the growing European market.
The license ensures white-listing for marketing of the brand in the U.K., and is likely to be greeted with enthusiasm by the site's large player base, who will now enjoy tax-free poker winnings in many European countries. As RedKings prepares for EPT in Copenhagen next week, this new license will put the site in an even stronger position to market to Danish poker players, many of whom insist on their poker rooms having this type of license.
A spokesperson from RedKings said, "In just two years, RedKings has already achieved meteoric growth and with this new Poker License we anticipate a huge surge of business especially from the Scandinavian countries and the UK. We are proud to have achieved the exacting standards that are required for a license of this kind."
Read the company's announcement here.