The Financial Intelligence Analysis Unit (FIAU) of Malta has ordered Malta MGA licensee Glitnor Group to pay €236,789 for non-compliance with Anti-Money Laundering (AML) rules.  The penalty is related to a compliance review carried out in 2019, and includes a reprimand in line with Regulation 21 of the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR). The FIAU …

Spain’s gambling market experienced considerable growth in the first quarter of 2023, despite a significant reduction in marketing expenditure, according to the latest report from the Directorate General of Gaming (DGOJ). The gambling authority published its Q1 financial report, detailing the continued growth of the sector as licensees grapple with stricter regulatory constraints on advertising and customer care duties. The …

GamCare has notified stakeholders that the English Gambling Education Hub (EGEH) has published its first Insights Report after its initial networking event. The topic was the effectiveness of collaboration in addressing gambling harms among young people. EGEH is a cross-collaboration research hub formed of seven organisations funded by GambleAware – including GamCare, Aquarius, ARA, Recovery for All, Beacon Counselling Trust, …

Australia’s governing Labor Party has outlined its support for a blanket ban on gambling advertising, stating that the country should not accept “another generation experiencing escalating gambling harms”.  Labor MPs have backed the findings of a parliamentary inquiry recommending a “ban on ads for online gambling across all media, to be implemented within a three-year period”. The inquiry follows months …

Despite the importance of affiliates in the sports betting industry, many still struggle to open suitable business bank accounts or receive payments. Elona Attard, Head of Operations at payment solutions provider Xace explains how the company is addressing these challenges via its Premium Affiliate Accounts.  Affiliate businesses are the unsung heroes of the online sports betting industry. From small ‘one …

KaFe Rocks has entered a new chapter for its business, which has rebranded its identity to Time2Play Media.  The rebrand to Time2Play reflects the growth of the firm’s affiliate and media network servicing the global igaming sector. Under the Time2Play Media moniker, the company noted the “tremendous success” of the Time2Play brand, as well as an ongoing commitment that will “better align …

Super Group (SGHC), the parent company of Betway and Spin brands has reached a ‘corporate milestone’ having been accepted in the Russell 2000® Index. The achievement follows less than a year-and-half since Super Group public listing on the New York Stock Exchange (NYSE). Furthermore, the inclusion will also enlist Super Group in the broader Russell 3000® Index, regarded as the …

GamCare has submitted its guidance on how to enhance bank gambling blocks, as part of its ‘cross-sector’ Gambling Related Financial Harm (GRFH) programme.  GRFH aims to combine the knowhow and knowledge of finance and gambling companies to cooperate and develop resources and deepen support to financial risks of gambling harms. In March, GamCare hosted a GRFH a virtual workshop with …

Esports and data provider Abios has collaborated with Buffed.bet to power its new platform. It will supply its esports data through ready-made iframe widgets, allowing Buffed.bet to embellish its website and, said the firm, create “an engaging user experience for esports fans with minimal development efforts”.  In a bid to help esports fans find the next and most engaging matches …