Tag Archives: malta

Altenar extends sports betting reach through Finnplay

Finnplay

Altenar will be providing the sports betting services to a new set of customers in territories covered by a Malta Gaming Authority (MGA) licence after “long-standing partner” Finnplay – a Nordic-based open gaming platform provider – picked up its Type 2 licence. Stanislav Silin, CEO of Altenar, said: “Finnplay is a long-standing partner and customer of Altenar, and we are …

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Singular aims to dominate in-play trends by launching new sportsbook

SBC News Singular aims to dominate in-play trends by launching new sportsbook

Industry bespoke systems provider Singular will launch and showcase its new ‘4th generation’ proprietary sportsbook platform at next week’s SIGMA Malta conference (27-29 November). A key product launch for 2020, Singular has developed its platform to optimise client performance when engaging with players in in-play environments. In its product notes, Singular details that its revamped sportsbook provisions will allow for …

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Catena accelerates US and Japan prospects amid Euro slowdown

SBC News Catena accelerates US and Japan prospects amid Euro slowdown

The governance of Stockholm-listed Catena Media AB has continued to back the firm’s strategic progress and diversification strategy to overcome declines within the UK and Nordics. Competing against tough Q3 2018 metrics and a ‘slowdown in organic growth’ within its marketing verticals, Catena records a 5% decline in Q3 2019 corporate revenues €26.4 million (€27.7m) – with year-to-date revenues tracking at …

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Gambling Commission pushes standards agenda to Maltese operators

gambling commission

Neil McArthur, chief executive of the UK Gambling Commission, has emphasised the need for standards to be raised among overseas gambling businesses targeting British consumers. Speaking at the ARQ Gaming Compliance Forum in Malta, McArthur highlighted three key strategic focus areas to drive the standards of the latter, stressing that “the MGA share our concerns”. This follows a study undertaken …

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Malta MGA sets new benchmark classifying start-ups

SBC News Malta MGA sets new benchmark classifying start-ups

Updating the market, the Malta Gaming Authority (MGA) has amended several provisions of its ‘Gaming Licence Fee Regulations (2018)’ updating conditions and criteria related to its MGA legislative frameworks. Publishing its 2019 amendments, the MGA focuses on the definition of start-up businesses working within its jurisdiction, in which the regulator has expanded the criteria and requirements for incumbents to be …

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Malta MGA publishes Brexit guidance

SBC News Malta MGA publishes Brexit guidance

The Malta Gaming Authority (MGA) has published its licensee guidance on the ‘impact of the UK’s exit from the European Union’. Updating stakeholders, the MGA details that its Brexit guidance solely relates to affairs within its regulatory remit and that licensees should be aware of further business consequences resulting from Brexit. The MGA advises licensees to review UK and EU …

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Martin Lycka: Us versus Them – psychology of gambling regulation

SBC News Martin Lycka: Us versus Them - psychology of gambling regulation

In the fourth of a series of columns on international gambling legislation, GVC Holdings Director of Regulatory Affairs Martin Lycka debates the antagonistic relationship that can develop between the regulator and the industry. __________________ Operators v. Regulators, undoubtedly a top billing in the industry nowadays. Just pause and think how many times in recent past you have bumped into an …

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Jaime Debono: iGaming Academy – Testing times as industry faces its deep learning curve

SBC News Jaime Debono: iGaming Academy - Testing times as industry faces its deep learning curve

 In 2019, regulatory penalties and warnings have underlined the industry’s need to enhance staff training and talent development. Nevertheless, does betting leadership understand the complexities of developing effective teaching modules for staff tackling a broader remit of enforced demands. SBC speaks to Jaime Debono, Managing Director of iGaming Academy on nurturing and enhancing the industry’s learning capacity… A dynamic that …

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ThePOGG complaints returns $2.5m to online gambling players

SBC News ThePOGG complaints returns $2.5m to online gambling players

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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bet-at-home admits to €12m Austrian subsidiary tax charge

SBC News bet-at-home admits to €12m Austrian subsidiary tax charge

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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