Tag Archives: malta

MGA confirms departure of Dr Sant as General Counsel 

SBC News MGA confirms departure of Dr Sant as General Counsel 

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 …

Read More »

Italian sting implicates Malta businesses in money laundering network 

SBC News Italian sting implicates Malta businesses in money laundering network 

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 …

Read More »

Esports Technologies multiplies Euro presence by completing Aspire B2C takeover 

SBC News Esports Technologies multiplies Euro presence by completing Aspire B2C takeover 

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 …

Read More »

IBIA: Football friendlies are easily exploited by match fixers

SBC News IBIA: Football friendlies are easily exploited by match fixers

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »