Cryptocurrencies and the prevention of Money Laundering The European Parliament and the Council of the European Union is doing its best to take up with the technological changes and innovation. It has presented an amendment to 4th AMLD to regulate all cryptocurrency exchanges in EU. It is also the intention to look into the possibility…
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Malta Gaming Authority chairman Joe Cuschieri will be taking the helm of the Malta Financial Services Authority once the current and long-serving chairman Joe Bannister steps down at the end of the year. This newspaper is also informed that Labour MP and former tourism minister Edward Zammit Lewis had first been approached to take on…
View detailsBetConstruct has announced that Vahe Baloulian is to step down from his role as chief executive of the company. Baloulian will leave the position at the end of the month, with Vigen Badalyan, founder and executive chairman of the firm, to take over from November 1. Having joined BetConstruct as a strategic advisor in 2011,…
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The Malta Gaming Authority once again participated in the EY’s Malta Annual Attractiveness Survey Conference, with the main theme for this year being: ‘Thinking without the box: Disruption, Technology & FDI. This conference, which brings together key public and private sector stakeholders in the Maltese economy evaluates Malta’s attractiveness as an FDI (Foreign Direct Investment)…
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Paddy Power Betfair has announced that is to withdraw its Paddy Power brand from Italy, but will retain a presence in the country through Betfair Italia. The PaddyPower.it platform will shut down in December, with customers set to be migrated to Betfair.it. Sources suggest the decision to withdraw was made shortly after Paddy Power and…
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Join us at SiGMA 2017 – the biggest iGaming event of the year! IGA is a one stop shop to provide you with a turnkey solution for the acquisition of a Gaming License from different jurisdictions including Malta. Our advisory will assist you to set up the whole process of your operations irrespective if you…
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New Jersey’s arguments for legalising sports betting will be heard by the US Supreme Court (SCOTUS) in early December. The Supreme Court has scheduled the appeal hearing for December 4, when New Jersey representatives will argue for the overturning of the Department of Justice’s 2015 decision that it should not be allowed to sanction a…
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The non-profit Foundation of CasinoCoin (CSC), has appointed various senior industry professionals to its new advisory board. Lee Fenton, chief executive of Gamesys; Britt Boeskov, chief product officer at Kindred Group; and Sam Hobcraft, chief executive of OPL Gaming Group, are among the individuals to have joined the board. Morten Tonnesen, former director of group…
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Efforts to legalise online gambling in Germany could fail if its 16 individual states do not implement the proposed Interstate Treaty on gambling soon, Saxony-Anhalt Finance Minister André Schröder has warned. German legislators first introduced the treaty in 2012, in order to create a safe gambling environment for the country’s gamblers. The treaty allows licensed…
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Paddy Power has issued an apology after mistakenly offering betting odds for Ugo Ehiogu, a former footballer who died earlier this year, to become the next manager of English Championship team Birmingham City. Birmingham sacked boss Harry Redknapp at the weekend after a poor run of results and bookmakers immediately began offering odds on his…
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