Tag Archives: malta

Aiste Garneviciene: Reflecting on BetGames 2021 milestones

Aiste Garneviciene: Reflecting on BetGames 2021 milestones

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 …

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FIAU orders new AML commands on Malta business  

SBC News FIAU orders new AML commands on Malta business  

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 …

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Growth hungry Esports Technologies opens Malta office 

SBC News Growth hungry Esports Technologies opens Malta office 

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 …

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Betpoint rebrands to PressEnter as new leadership aims for tier-1 status 

SBC News Betpoint rebrands to PressEnter as new leadership aims for tier-1 status 

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 …

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Swedish inspectorate cancels inactive licences of Vivaro and FP Bets 

SBC News Swedish inspectorate cancels inactive licences of Vivaro and FP Bets 

Spelinspektionen, the gambling inspectorate of Sweden, has revoked the licences of Vivaro Gaming and Fair Play Bets Limited on the grounds of inactivity of business services.  Both operators were granted Swedish online gambling licences during the first half of 2020, but had registered SEK 0 in turnover during the past year – forcing Spelinspektionen to investigate their licences. Responding to …

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Malta moves forward with Action Plan to repair its AML status  

SBC News Malta moves forward with Action Plan to repair its AML status  

The government of Malta has published its action plan to drastically improve AML safeguards and financial compliance duties that have plagued the country’s status as a financial services hub.  The action-plan has been required by the Financial Action Task Force (FATF) of the G7, which this summer placed Malta on its ‘grey-list’ of untrustworthy financial jurisdictions. An FATF evaluation of …

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SharedPlay recruits Jacqui Gatt as venture COO 

SBC News SharedPlay recruits Jacqui Gatt as venture COO 

LeoVegas backed start-up SharedPlay has announced its first senior appointment, recruiting Jacqui Gatt as Chief Operating Officer (COO). Gatt the former Director of Gaming Operations for Casumo Malta, joins SharedPlay as the start-up builds the foundations of its B2B solution which aims to optimise multi-player gaming opportunities, engagements and experiences for online operators.  Expanding its leadership team, SharedPlay highlighted Gatt’s …

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MGA terminates Evobet licence for compliance and business duty failures

SBC News MGA terminates Evobet licence for compliance and business duty failures

The Malta Gaming Authority (MGA) has disclosed that it has invoked article-10 of its ‘Gaming Compliance and Enforcement Regulations‘ to cancel the licence of Evobet Limited. The cancellation has been effective since 16 July, imposed on Evobet Limited the licence holding business of pan-European online sportsbook and casino brand Evobet.com – that has operated under an MGA licence since 2012. …

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Lotto Direct hit with Swedish penalty over unlicensed games content

SBC News Lotto Direct hit with Swedish penalty over unlicensed games content

Lotto Direct has received a fine from Spelinspektionen, the Swedish Gambling Inspectorate, worth SEK15,000 after offering games on its website that were not covered by its licence. An investigation by Spelinspektionen deemed that Lotto Direct had ‘violated the terms of the company’s license’ and that the violations were a deliberate flout of Swedish legislation, for which it has also received a formal warning. …

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Payment Expert: Malta at crossroads to solve its greylisting conundrums

SBC News Payment Expert: Malta at crossroads to solve its greylisting conundrums

The decision by the Financial Action Task Force (FATF) to place Malta on a greylist of financially untrustworthy countries has had a major impact on the reputation of companies based there, according to a panel speaking at a recent SBC Webinary. Sharing their views with Joe Streeter, Editor of Payment Expert, Enrico Bradamente, CEO, at Maverick Slots; James Scicluna, Co-Managing Partner at WH Partners; and Yanica Sant of the General Counsel, Malta Gaming …

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