Do the difficult things while they are easy and do the great things while they are small. A collaboration between iGamingAdvisors and Pixel Holding Group Ltd led to LeoVegas Group, acquired 51% of the shares in Pixel Holding Group Ltd, which runs the esports betting operator Pixel.bet. The investment amounts to EUR 1.5 million for 51…
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One of the main objectives of iGamingIdol is to identify individuals and firms which excel in their profession and keep the gaming industry successful as it is today. There are a number of areas which iGamingIdol identified as the most influential to the success story. The shortlisting procedure and win this prestigious award is established…
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Following the notification of the draft new legal framework regulating gaming through the Technical Regulation Information System (‘TRIS’) process in virtue of Directive (EU) 2015/1535 (the ‘Directive’), a Detailed Opinion has been issued by a Member State in relation to the draft Gaming Authorisations Regulations (the ‘Regulations’). The European Commission and another Member State have…
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Founders sue Envion CEO Matthias Woestmann’s Corp. for world’s first analogue ICO hacking. Outsider CEO faces charges after grab for $100 million ICO company, attempts to sell to highest bidder The founding team of the Envion project have taken legal action against the shareholders of envion AG (Switzerland), namely Quadrat Capital GmbH, whose shareholder and…
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The Malta Gaming Authority would like to draw attention to media articles published by the Investigative Reporting Project Italy (IRPI), La Repubblica and the Times of Malta. The MGA objects to the articles in question which contain factual inaccuracies, speculation, untruths and a misleading portrayal of the Malta Gaming Authority and the way it operates.…
DetailsRecently the Malta Financial Services Authority issued a framework for public consultation whereby details of proposed mechanics to offer a legal operation within regulatory boundaries into this space of an unregulated area. This framework gets into the detail of legal personality, authorizations, smart contracts, DLT (Distributed Ledger Technology – Blockchain) and VC (Virtual Currencies). Malta…
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Wagerr partners with ICOinMalta and iGamingAdvisors to obtain gaming license in Malta In 2017, Wagerr introduced a new, decentralized approach to sports betting that immediately grabbed the attention of both the blockchain world and the sports betting industry. The initial offering surpassed initial expectations, triggering contingency rounds that were, in turn, completely sold out.
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The MGA Board (in accordance with Article 14 of the Lotteries and other Games Act and after consultation with the Parliamentary Secretary for Financial Services, Digital Economy & Innovation, Hon. Silvio Schembri) has appointed Heathcliff Farrugia as the new Chief Executive Officer of the MGA with effect from 24 April 2018. Heathcliff Farrugia succeeds Joseph…
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888 has applied for a gaming licence in Malta due to Brexit uncertainties over Gibraltar. The Gibraltar-based company is concerned about the impact of the UK’s departure from the European Union on the British Overseas Territory, which is home to many of the world’s leading e-gaming and sports betting firms. Around 25% of Gibraltar’s GDP…
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Bitfinex, one of the world’s largest cryptocurrency exchanges, is reportedly planning to move out of its current base in Hong Kong over to Switzerland. German-language Swiss newsweekly Handelszeitung is reporting that Hong Kong-based Bitfinex is already in talks with Swiss authorities over a move to Europe. Switzerland is at the top of the list of…
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