Sportingtech has announced a charitable partnership with The Malta Trust Foundation (TMTF). With an already-significant footprint in the country, the three-year deal will see the supplier support the ongoing initiatives of TMTF – which was founded by former President of Malta, Marie-Louise Coleiro Preca, in 2015. Colin McDonagh, Chief Sales Officer at Sportingtech, expressed that the group is extremely proud …
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Soft2Bet cites iGaming Academy partnership as commitment to talent development
Casino and sportsbook operator and platform provider Soft2Bet has offered an update on its partnership with global training specialist iGaming Academy, citing the collaboration as an example of its commitment to staff training at every level. Soft2Bet reported that the partnership has enabled it to train its teams at scale and strengthen its commitment to regulatory compliance and excellence. The …
Read More »Catena bets on Tech & AI upgrades to overturn dire FY2023 results
Catena Media Plc has initiated an extensive internal investment programme to advance its tech platform and AI capabilities, as investors are warned that challenging trading conditions will continue until the second half of 2024. The Stockholm-listed igaming media group published its full-year 2023 results, reporting a dire close to year trading, registering Q4 revenues of €14.5m, a decrease of 41% …
Read More »Malta NRA notes igaming AML improvements but stresses financial flow monitoring
The government of Malta has detailed that it has strengthened policy and compliance in the gambling sector to minimize exposure to threats and vulnerabilities stemming from money laundering (ML) and terrorist financing (TF). Measures were outlined by the ‘National Risk Assessment (NRA) on Money Laundering (ML) and Funding for Terrorism (TF)‘, a review of financial risks across Malta’s business sectors. …
Read More »Payhound: Reliability as a trust forming factor in the cryptocurrency space
Speaking to SBC, Payhound’s Managing Director Elton Dimech revealed why his company puts an emphasis on reliability and stability rather than market disruption when it comes to leaving a mark in the crypto space. SBC: For those of our audience unfamiliar with Payhound, give us an introduction to the brand and its key offerings. Elton Dimech: Payhound has emerged as …
Read More »Finixio recruits Sacha Kinser as Head of Gambling Content
Finixio has announced the appointment of Sacha Kinser to the new position of Head of Gambling Content, overseeing editorial disciplines across its sports betting and igaming media network. An expert in SEO and brand building, Kinser joins Finixio from Game Lounge, where she most recently served as Head of Content for the Malta-based affiliate marketing network. Finixio confirmed that Kinser …
Read More »HappyHour.io appoints Patrick Soric as Investment & Portfolio Partner
HappyHour.io has confirmed the appointment of Patrick Soric as Investment & Portfolio Partner of the Malta-based igaming venture capital fund. An expert in corporate finance and private equity, Soric holds a distinguished career in investment banking in which he served as a former partner of Danske Bank (2018-2022) and Luxembourg’s Union Bancaire Privée (2022-2023). HappyHour.io cited: “As Investment & Portfolio …
Read More »Intralot maintains ‘EBITDA resilience’ as leadership restructures debt
Intralot SPA maintains a stable outlook for year-trading, despite the Athens-listed technology group reporting continued revenue declines impacting its commercial performance. Publishing its latest year-to-date (YTD) report, Intralot corporate revenues stand at €280m, down 7% on 2022 comparatives of €301m. The decline in YTD headline revenues reflects the absence of discontinued Malta lottery (B2C) revenues, accounting for a decrease of …
Read More »PressEnter recruits Phillip Bell as new commercial lead
PressEnter Group continues to strengthen its executive management team by appointing Phillip Bell as Chief Commercial Officer (CCO). Bell will lead the commercial development of PressEnter’s portfolio of challenger brands, which includes UltraCasino, NitroCasino, 21.com, XLBet and JustSpin. An expert in customer acquisition and devising ROI strategies, Bell joins PressEnter from igaming publisher QIH Group, where he served as Head …
Read More »MGA launches dedicated ESG Code for online gambling
The Malta Gaming Authority (MGA) has announced a landmark initiative, becoming the first regulatory authority to introduce an Environmental, Social, and Governance (ESG) Code of Good Practice specifically designed for the online gambling sector. Hosting a press conference, MGA leadership cited: “The ESG Code seeks to serve as an instrument for self-regulation, helping remote gaming companies align with best practices …
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