Tag Archives: malta

Player banking solutions provider Xace has confirmed that renowned igaming and fintech investor Julian Buhagiar has joined its business as a non-executive director.    Buhagiar, the co-founder of igaming M&A advisory RB Capital, will provide Xace’s executive leadership team with oversight on venture funding and strategic planning as Xace moves to aggressively expand its business services in 2022. Xace underscored Buhagiar …

Soft2Bet has achieved a 2022 core business objective after being granted an online gambling licence by Spillemyndigheden, the Danish Gambling Authority. The new licence will enable Soft2Bet to provide its wide-ranging igaming service for the Danish market, covering sports betting, online bingo and a full range of online casino games including roulette, baccarat, punto banco, blackjack, poker and slots. The …

The Malta Gaming Authority (MGA) is looking for a new General Counsel after confirming that incumbent Dr Yanica Sant has chosen to end her four-year tenure as legal lead of the regulatory authority.  Updating stakeholders, the MGA confirmed that Sant would remain in office until February 2022, continuing to fulfil functions that “MGA’s management consider to not give rise to any …

Italy’s federal police force has arrested 12 suspects connected to its ‘Operation Game Over II’ criminal investigation of illegal and mafia-associated gambling websites.  A dozen individuals have been charged on counts of criminal conspiracy to carry out the ‘fraudulent conveyance of assets’ through illicit online gambling businesses. Investigators cited that the suspects were processing illegal online wagers via websites belonging …

Esports Technologies Inc has completed its deal to acquire Aspire Global’s B2C assets for $76 million (€68m). The transformative acquisition will see Esports Technologies significantly expand its igaming portfolio to include the online casino and sportsbook brands of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777 and GenerationVIP. In addition, Esports Technologies will advance its European market profile by securing online gambling …

The International Betting Integrity Association (IBIA) has warned betting leadership that a lack of governance of friendly football matches is being exploited by criminal gangs.  New research by the University of Nicosia Research Foundation, funded by the EC’s Erasmus+ programme, has revealed that more than 250 friendly matches involving European clubs “showed signs of suspicious activity” during the recorded period …

2021 has been filled with several milestones for BetGames, the company’s Chief Operating Officer Aiste Garneviciene told SBC News. But as we edge closer to the new year, it’s full steam ahead for the live games supplier as it seeks to expand into new markets.  Reflecting on the last 12 months, Garneviciene discussed how Lotto Reloaded has been received by …

The Malta Gaming Authority (MGA) has warned licensed operators that they are expected to be familiarised with the revised AML Implementing Procedures (IPs) that will be applied by the Financial Intelligence Analysis Unit (FIAU). Last week, the FIAU updated its IPs guidance on AML and compliance duties that are required to be maintained by registered businesses. The revised orders follow …

Esports Technologies Inc has continued its strategic expansion by announcing the opening of a ‘state-of-the-art’ office in Malta, supporting the Nasdaq group’s European growth plans. The Malta office will house the majority of Esports Technologies’ staff that directly support its European igaming operations and work closely with the Esports Technologies technology hub located in Dublin. The firm’s new Malta office …

Betpoint Group has rebranded its business identity to ‘PressEnter Group’, in a move to better reflect its enlarged organisation and the ambitions of its challenger brands across all igaming verticals.  The Malta-based operator detailed that a rebrand was necessary to reflect the company’s ‘new journey and strategic objectives’, having broadened its brand portfolio from one-to-six online casinos. The PressEnter portfolio …