Tag Archives: Malta Gaming Authority (MGA)

Betsson’s BML Group becomes first MGA licence holder fined by Finnish police

Betsson’s BML Group becomes first MGA licence holder fined by Finnish police

Finland’s National Police Board has hit BML Group, a Betsson AB subsidiary, with a €2.4m fine alongside a prohibition order against the firm’s marketing activities. The law enforcement agency’s decision was made on 7 April and is due to come into force on 3 July, with the police asserting that BML has targeted mainland Finland with advertising ‘via multiple channels …

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EveryMatrix opens door to ‘hundreds’ of Malta brands with casino approval

EveryMatrix overcomes Germany hurdles to hit €65m profits

EveryMatrix’s JackpotEngine casino gamification engine has received regulatory approval from the Malta Gaming Authority (MGA), expanding the scope of the supplier’s operations in the country. A Malta-based international enterprise, EveryMatrix will now be able to offer the JackpotEngine product to ‘potentially hundreds’ of igaming brands on the island via its CasinoEngine and SlotMatrix divisions. The product has been designed by …

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Genesis Global’s Malta business coming to a close as MGA suspends licence

SBC News Genesis Global’s Malta business coming to a close as MGA suspends licence

The Malta Gaming Authority (MGA) has suspended the licence of igaming solutions supplier Genesis Global, after the firm closed its business in the country towards the end of last year. Genesis will no longer be able to carry out gaming operations, register new players or accept any deposits in Malta, but must continue collaborating with the MGA post-suspension.  Just before …

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DraftKings scales back European fantasy sports activity

SBC News DraftKings scales back European fantasy sports activity

US betting giant DraftKings has pulled back its daily fantasy sports (DFS) offering in four major European markets.  An update emailed to the company’s customers explained that its DFS operations in Austria, Germany, Ireland and Malta would be closed from 22 January onwards.  DFS is one of DraftKings flagship product areas, initially starting solely as a fantasy sports-oriented provider back …

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BetConstruct continues to embrace crypto as MGA permits player deposits

SBC News BetConstruct continues to embrace crypto as MGA permits player deposits

The Malta Gaming Authority (MGA) has permitted BetConstruct to allow player deposits using cryptocurrency, as the firm’s engagement with blockchain continues. The Armenia-based betting technology firm’s white-label partners will be able to receive cryptocurrency deposits, seeking to widen their customer base. Specifically, the company aims to ‘grow its operation’ by targeting players that use cryptocurrencies and ‘increase their satisfaction and …

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Former MGA CTO charged with money laundering and bribery

SBC News Former MGA CTO charged with money laundering and bribery

The Malta Gaming Authority (MGA) has confirmed that its former Chief Technology Officer (CTO) Jason Farrugia and his wife Christine Farrugia have been charged with a range of financial crimes.  These include money laundering, accepting bribes, fraud and trading in influence by abusing his leadership position as CTO of the MGA, according to The Times of Malta.  Additional charges include fraud …

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Pinnacle appoints new Business Development Director for B2B division

SBC News Pinnacle appoints new Business Development Director for B2B division

Rohini Sardana has become the latest addition to Pinnacle’s management teams, joining the sportsbook solutions provider’s B2B arm as Business Development Director. In her new position at Pinnacle Solution, Sardana will be responsible for upscaling existing partnerships and delivering the firm’s iFrame Solution and Risk management API to its global partners. Additionally, the new hire will also have oversight over …

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UK market expands with addition of JeffBet

SBC News UK market expands with addition of JeffBet

The British online betting and gaming sector has gained another company, as online sportsbook and casino operator JeffBet secured market launch. Issuing an update, the online brand revealed that it had been awarded operating licences by both the UK Gambling Commission (UKGC) and Malta Gaming Authority (MGA). The plans to offer UK bettors a ‘wide range of sports betting verticals’ …

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Pontus Lindwall: Positioning Betsson as a leading technology company

Betsson AB CEO Pontus Lindwall

The gambling industry has changed substantially over the last few years, most notably with the growing influence of the online sphere on how we consume information and entertainment.  Speaking in the latest SBC Leaders magazine, Betsson Group CEO Pontus Lindwall explained that when he first entered the online gambling industry in 1996, the sector was very much in its infancy. …

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Pinnacle Solution: The MGA licence is the ideal platform for our growth plans

SBC News Pinnacle Solution: The MGA licence is the ideal platform for our growth plans

The Malta Gaming Authority (MGA) is the ‘ideal platform’ for Pinnacle Solution’s ambitious growth plans as it looks to partner with more sportsbooks in more markets. That was a key message from Pinnacle Solution CEO Paris Smith. Speaking to SBC News, Smith explains how the sportsbook management software provider plans to stand out from the competition in Malta before giving …

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