Tag Archives: malta

Joseph Cuschieri to depart as Malta MGA Chairman

The Times of Malta has reported that Malta Gaming Authority (MGA) Executive Chairman Joseph Cuschieri will be leaving the gambling regulator to become the first Chief Executive of Malta’s Financial Services Authority (MFSA). The appointment of Cuschieri as MFSA CEO is reported to have been personally requested by Malta Prime Minister Joseph Muscat, with the authority restructuring its operations to …

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Winning Post – GVC hit with heavy fine for misleading adverts

Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. UK: advertising regulation – tough love Amongst the organisations likely to lose out if ever a ban on gambling adverts is instituted is the fines department at HM …

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Catena increases corporate debt structure to €250 million

Updating the market, Stockholm-listed industry affiliate network Catena Media Plc has confirmed the successful placement of a new €150 million senior unsecured bond due for 2021. The update sees Catena governance expand its current corporate debt framework to €250 million ‘new bond loan’, with corporate interest payments reduced from 6.75 to 5.5%. Moving forward, Catena governance will refinance its existing €100 …

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Clean Turkish break costs GVC Holdings €46 million

FTSE online gambling group GVC Holdings has confirmed that it will offload its ‘Headlong Limited’ Turkish business unit relinquishing any payment from the asset. GVC governance undertakes its decision in order to help secure its £4 billion takeover of Ladbrokes Coral Plc, which is currently being reviewed by the UK Competitions & Markets Authority (CMA), which has set a 21 February deadline …

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Videoslots confirms senior games & HR appointments

Malta-based online casino operator Videoslots (Videoslots.com) has confirmed two senior appointments strengthening its day-to-day operations. Updating the market, Videoslots promotes William Ahlberg to the position of Head of Games, Ahlberg has risen through the operator’s wider gaming department over the past 18-months. Ahlberg will now be a key stakeholder for Videoslots games department, leading its community management, expanding existing supplier …

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LeoVegas ups German profile and presence in 2018

Stockholm-listed online gambling group LeoVegas AB has moved to expand its presence within the German market, confirming the acquisition of Malta-based firm World of Sportsbetting Ltd for €2.6 million. The strategic acquisition sees LeoVegas secure World of Sportsbetting assets which holds both a sports betting licence and casino licence in the German state of Schleswig-Holstein. Undertaking the transaction through its …

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Betsson AB seeks to bolster group efficiencies following turbulent 2017 trading

Despite recording a strong end-of-year, Stockholm-listed online gambling group Betsson AB has reported full-year 2017 declines in operating income and earnings, as governance moves to streamline company operations. Publishing its 2017 results, Betsson would record, improved Q4 2017 group revenues of SEK 1,25 billion boosted by favourable sporting results recorded during the Q4 trading period. However, Betsson has had to …

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High flying Catena Media confident of future outlook closing record breaking 2017

Stockholm-listed industry affiliate network Catena Media Plc enters 2018 full of confidence having produced yet another ‘record-breaking performance’for Q4 2017 (period ending 31 December). A strong finish to 2017 trading, saw Catena record Q4 corporate revenues Of €20 million, an increase of 63% on corresponding Q4 2016’s €12.3 million. Updating investors, Catena governance highlighted the firm’s ability to quickly refine …

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Maltese based Gamanza brings gamification angle to games provision

Gamanza, a Malta based start up, has announced a new games aggregation platform, complete with gamification application and accompanying bonus engine, designed to enhance player lifetime values. Operators, who will have access to over 100 games, can use data from players activity on site and translate them to points, tokens or credits and levels of achievement, with each programme configurable …

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Betsson cuts headcount to streamline group operations

Stockholm-listed European online gambling group Betsson AB has this morning informed that it will reduce its corporate headcount by approximately 160 employees as group governance seeks to ‘streamline the organisation’. Updating the market, Betsson has executed its organisational restructure across all group offices, as Betsson governance seeks to deliver annual corporate savings of SEK 50-60 million (€5-6 million). “In cooperation …

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