On the search for "Malta" we found the following results:
Online gambling games and platform provider EveryMatrix’s commercial team, led by Ian Freeman, has moved into new offices in Malta along with the company’s compliance and legal staff. “The new Malta office opening was a natural step in our business growth strategy,” said EveryMatrix CEO Ebbe Groes in a statement Tuesday. “Over the last years, …
Industry veteran Nick Barr, formerly sales director at Genii, has been appointed managing director of the Malta operations of Spanish games developer Red Rake Gaming. Barr will oversee the company’s further rapid growth on an international basis. Red Rake is regulated in Spain and Italy with several license applications in place to further expand its …
The government of Malta announced the implementation of the Mediterranean island jurisdiction’s new Gaming Act on Wednesday (August 1). The act was passed by parliament in March this year and comes into force following the approval of the EU Technical Regulation Information System (TRIS) process, in line with European Union Directive 2015/1535. The new framework …
Remote gaming operators licensed under the MGA framework reported that self-exclusion requests in 2017 rose 5.3 percent to just below 790,000. The numbers illustrate the international nature of the online gambling audience using Malta-licensed online casinos compared to Malta land gambling facilities, where over the same period a total of 1,393 self-exclusions were recorded, an …
In its latest annual report, the Malta Gambling Authority (MGA) delivered a 6 percent rise in licence fees, gaming tax and other administrative fees and fines for a total revenue of Euro 66.3 million in 2017 (2016: Euro 62.5 million). The direct contribution of the gaming industry to the Maltese economy was valued at Euro 1.1 billion …
The Malta Gaming Authority (MGA) has postponed the implementation of a new legal framework to August 1, 2018 following receipt of a detailed opinion from a Member State and the European Commission in relation to the draft Gaming Authorisation Regulations. In the lead up to the implementation of the new regulations, the Maltese Government and the MGA said they will …
The Malta Gambling Authority (MGA) has declared it has no connection to Russian-language online casino jcasino.club. Any reference to MGA licensing is deemed false and misleading, the authority said.
Live casino solutions provider Evolution Gaming has agreed the installation of a bespoke Dual Play Roulette table at Malta’s newest terrestrial Casino Malta by Olympic Casino. The Dual Play table, which allows on-premise and online players to play together at the same table, will be located on the main gaming floor. James Stern, Evolution’s Director of Business Development & Land-based Sales, …
Kindred Group has moved into its new, three-storey office space in Tigne, Malta centralising its 400-strong Malta workforce under one roof and leaving room for 100 more. The office space, on a 10-year rental lease, should pave the way for Group growth, CEO Henrik Tjarnstrom said. “We specialise in customer support and volume transaction when it comes to …
Games developer Wazdan has launched a new European office in Malta, located on the edge of the central business district. The new office will house Wazdan’s global brand team, business development unit and primary European finance unit. Wazdan’s head of sales, Andrzej Hyla, said: “We are a high-growth company with a rich legacy, our new Malta office is …
Malta-based lottery and jackpot provider Spinola Gaming is using the major international appeal of the forthcoming World Cup football in Russia to launch a themed acquisition and retention game that enables online casinos to offer players the opportunity to win a main jackpot of Euro 50 million alongside secondary jackpots of Euro 25 million and …
The Malta Gaming Authority (MGA) will host a series of information sessions for external stakeholders prior to the new Gaming Act coming into force on July 1, 2018. “These sessions are aimed at giving a thorough explanation of the main changes in the new regulatory regime, with specific focus on the broadened regulatory scope of the MGA”. In related …
Like bet365, William Hill is hedging its post-BREXIT bets with the opening of a satellite office in the Malta jurisdiction. “We are setting up a Malta office and a small initial organisation for our international facing business post-Brexit. All current locations are unaffected by the new operation,” confirmed Ulrik Bengtsson, chief digital officer for William …
International B2B and white label gaming software and services provider Nektan plc announced Monday that in a further agreement with Tyche Digital, its Malta based gaming partner, it will deliver Nektan’s Evolve Lite gaming platform into global cryptocurrency online casino operators. Two initial deals with online casino operators have already been secured by Tyche Digital, …
William Hill plc appears to following the example of Bet365 in taking the precaution of establishing a Malta office as a post-Brexit alternative jurisdiction. The Times of Malta reported Friday that William Hill is to open a satellite office in Malta as part of its Brexit strategy. “We are setting up a Malta office and …
The Malta Gaming Authority will launch a Unified Self-Exclusion System for its Remote Gaming licensees following the successful roll out of the same to the land-based sector. Self-exclusion tools are already a requirement for MGA remote licensees, however, the unified system will link all licensees so that players who self-exclude with one operator cannot simply …
Italian police have seized over Euro 20 million following investigations into an organised crime illegal gambling ring linked to Malta company Centurionbet, the Organized Crime and Corruption Reporting Project reported this week. Centurionbet has been accused by prosecutors of entering into a commercial relationship with a company controlled by Italian organised crime figures, and that …
BetConstruct has obtained two Class I licences from the Malta Gaming Authority (MGA) enabling the company to provide casino gaming products from Malta-based providers. The license awards complement BetConstruct’s existing MGA sports betting and controlled skill betting licenses to enable the firm to offer “a full package of gaming products” in the European regulated market. Karine Kocharyan, BetConstruct Head of …
Long but interesting and detailed read on the Malta online gambling sector and attempts to infiltrate it by mafia-associated individuals and organisations in Italy. This is the work of Project Daphne, a consortium of 18 news organisations from 15 countries, including the Investigative Reporting Project Italy (IRPI), and the Organized Crime and Corruption Reporting Project …
The Maltese Parliament has approved the third and final reading of the new Malta Gaming Act. The Act strengthens the Malta Gambling Authority’s (MGA) supervisory role, specifically compliance and enforcement functions to better achieve regulatory objectives and in line with concurrent developments in anti-money laundering and combating the funding of terrorism. The new Act will segment the role of a …
Malta’s Independent newspaper reports that the International Monetary Fund (IMF) blog has given the Mediterranean island a PR boost, noting the creation of a services industry in which i-gaming licensing and regulation has delivered exceptional economic performance. Nowhere else in the European Union does the i-gaming sector account for such a large part of the economy, the …
The Malta Gaming Authority (MGA) has published industry guidelines on the General Data Protection Regulation (GDPR) coming into force on May 25, 2018. The regulation aims to harmonise data protection regulation across Europe, to protect and empower all EU citizens’ data privacy and to reshape the way organisations across the region approach data privacy, the authority said, while acknowledging …
The Malta government’s Cabinet has approved three cryptocurrency bills, which will be subjected to a public consultation process in the near future prior to being introduced to parliament. The bills are the Virtual Financial Assets Bill, which provides the regulatory framework for cryptocurrencies and initial coin offerings (ICOs); the Malta Digital Innovation Authority Bill and …
As was largely expected, the Malta Gaming Authority has handed the role of chief executive officer to Joseph Cuschieri’s right hand man, Heathcliff Farrugia. The decision follows consultation by the MGA Board with the Parliamentary Secretary for Financial Services, Digital Economy & Innovation, Hon. Silvio Schembri. Cuschieri vacated his position to take up the post of Chief Executive Officer of the Malta …