Swedish gambling company Svenska Spel has reported a ‘challenging start’ to 2022 in that both revenue and earnings have been affected by pandemic impacts and regulatory developments during the first half of Q1. However, as set out in its interim report for January – March 2022, the state-owned group’s focus on gaming liability measures seem to have had a more …
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MGA report reveals 14 licences cancelled in 2019
The Malta Gaming Authority (MGA) revealed that during 2019, it suspended 11 licences, and cancelled a further 14 ‘following various regulatory breaches’. Publishing its Annual Report and Financial Statements for the financial year ending 31 December 2019, the MGA confirmed that it had issued 20 warnings, 89 notices of breach and 23 administrative fines during the year as the regulator …
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