Altenar has followed up a period of ‘continued worldwide growth’ with the opening of a new headquarters on the Isle of Man. The B2B betting and gaming supplier, which is based in the Isle of Man’s capital Douglas, has cut the ribbon on the new centre to house its legal, compliance and finance teams. Located at the Isle of Man …
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Crucial Compliance has reaffirmed its commitment to “create a safer gambling environment for everyone” by opening a new office in the Isle of Man. The move is in response to the growing number of betting and gaming companies setting up shop on the island, many of whom are looking to strengthen their existing player protection offering. Paul Foster, Co-Founder of …
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The UK Gambling Commission (UKGC) has this morning charged TGP Europe Limited a penalty totalling £316,250 for failures in anti-money laundering (AML) and social responsibility measures. The Isle of Man-based business, which manages a white-label network of 19 websites, including the sportsbook brands of Fun88, 12Bet, BK8 and Kaiyun, will also receive an official warning and face added conditions to …
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The Premier League has been threatened with an investigation unless club bosses ‘provide satisfactory answers’ as to why clubs have partnered with TGP Europe, an Isle of Man business linked with jailed Macau tycoon Alvin Chau. Grabbing Asian business headlines last week, Chau – the former CEO of ‘junket operator’ Suncity Group – was sentenced to 18 years in prison …
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BetDEX Labs Inc has become the first blockchain betting exchange to be granted a licence by the Isle of Man Gambling Supervision Commission (GSC). The New York and Edinburgh-based operator hailed the GSC licence approval as a new milestone towards launching online gambling’s first blockchain-built mass market betting exchange under the BetDEX domain. BetDEX is the new venture of former …
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Microgaming has announced a ‘changing of the guard’ as long-term executive John Coleman has chosen to end his tenure as Chief Executive of the online casino games and software supplier. Coleman will be succeeded by Microgaming Chief Operations Officer (COO) Andrew Clucas who has been elected to serve as inbound CEO. A stalwart of Microgaming’s executive leadership team, Coleman had …
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Luckbox has expanded its ongoing ‘recruitment drive’ as the esports wagering platform launches new projects to maintain its post-IPO growth phase. Updating the market, Luckbox said it is seeking to recruit staff immediately for its product design, marketing and customer compliance teams. The company revealed that it was recruiting for the key hires of a product designer, customer onboarding project …
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Quentin Martin, Chief Executive of Luckbox, has outlined his firm’s ‘new year resolutions’ as he plans to get the esports wagering platform in tip-top shape for a critical 2021. Fresh from guiding Luckbox as the first esports wagering platform to list on the Toronto TSX Ventures Exchange (TSXV), Martin reflected on 2020 developments which placed esports firmly on betting’s global …
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The board of Playtech Plc has proposed to investors that the company transfers its tax residency and corporate controls back to the UK. The FTSE250 firm stated its intentions to relocate its corporate residency back to London from Douglas, Isle of Man, as part of its 2021 strategy. Should the directive be approved, Playtech will seek to migrate its tax …
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Gibraltar-based safer gambling consultancy Crucial Compliance has appointed igaming executive Nigel Birrell as Non-Executive Chairman, advising the company on its future growth strategy and corporate directives. An industry figurehead, Birrell serves as the current chief executive of European online lottery brokerage Lottoland Group. An expert in corporate finance and mass-market enterprise strategies, Birrell has also served as Group Director of …
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