Online gambling community, ThePOGG.com has revealed that its player complaints services have returned over $2.5 million back to punters in betting-related consumer disputes. Updating the market, ThePOGG marks the figure as a major milestone achieved for the service which has been in operations for four years. Since its launch, the ThePOGG has recorded a 150% increase in players utilising its …
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Issuing a market filing, Frankfurt Xetra-listed betting group bet-at-home AG has disclosed to corporate investors that it anticipates paying €11.9 million tax back charges sanctioned by Austria’s tax authority. The DACH region operator states that its tax demand is attached to its wholly-owned Austrian subsidiary ‘bet-at-home.com Entertainment, Linz, Austria’. The Frankfurt betting group attributes its demand to Austrian tax audits …
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The Malta Gaming Authority (MGA) has announced that it will advance its research and resources of cryptocurrency capabilities aiding Malta’s regulatory development of online gambling incumbents. Updating stakeholders, the MGA announces that it has launched the second phase of its ‘Sandbox Framework’ initiative, exploring the capacity of authorising ‘virtual financial assets’ as a means of payment, along with further blockchain-centric …
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Businesses operating in a “tricky industry such as gaming” could see conversion rates significantly drop once Strong Customer Authentication (SCA) is enforced next month, but it is not all doom and gloom writes Christian Diegelmann, CEO of Euro Payment Group (EPG) in Frankfurt and Malta. Here, he provides a quick rundown of the revised Payment Services Directive (PSD2) and associated …
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The Malta Gaming Authority (MGA) has established a new ‘Sports Integrity Unit’ helping strengthen its capacity and resources towards fighting sports corruption and match-fixing. The Integrity Unit will focus on gathering intelligence and data related to suspicious betting, serving as the MGS’ liaison foreign regulatory authorities, law enforcement agencies, wagering monitoring systems and sports governing bodies combatting the manipulation of …
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The Malta Gaming Authority (MGA) has strengthened its advertising compliance capacity by establishing a new ‘Commercial Communications Committee’ (Committee). The Committee has been formed to support the MGA, making sure that licensed incumbents adhere to the advertising guidelines set by the MGA’s ‘Gaming Commercial Communication Regulations’ policy. Bolstering provisions, the MGA has published a 30-point checklist for licensed operators offering guidance …
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SKS365 Group, the operating company of Italian bookmaker PlanetWin365, has been charged by the Italian Financial Police of corporate tax evasion totalling €124 million. The tax evasion charge forms part of Italian Police’s wider ‘Glassia’ anti-Mafia investigation, undertaken during the course of 2018, which saw 60 people arrested and €1 billion seized in illegal funds. Conducting a probe of gambling …
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Leading payment solutions provider Trustly has confirmed the appointment of Louise Nylén as its new Chief Marketing Officer (CMO). Nylén has joined Trustly’s executive team from Stockholm-listed online gambling group LeoVegas AB, where she served in a number of leadership roles including Group CMO (2015-2018) and Deputy CEO (2018-2019). Based out of Malta, she will be tasked with leading Trustly’s marketing …
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Embattled Global Gaming AB maintains a presence in its home market of Sweden, having this weekend launched its new online casino property NanoCasino.com. The Stockholm-listed online gambling group’s flagship NinjaCasino brand remains ‘indefinitely suspended’ by Swedish regulator Spelinspektionen, who in June revoked the licence of NinjaCasino operating company SafeEnt, charged with multiple AML and care-of-duty failures. Global Gaming governance maintains …
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Supporting its corporate ambitions of becoming the global leader in online gambling B2C and B2B technology provisions, Gaming Innovation Group (GiG) has moved to restructure its executive technology leadership team. This morning GiG governance confirms that appointment of Chris Armes as Chief Information Officer (CIO), joining the Stockholm-listed enterprise from rival SG Digital, where he formerly served as Chief Technology …
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