Philip Bugeja, a well-renowned AML/CFT Consultant, gives his insight about the AML Directive 5
The Anti-Money Laundering Directive 5 (AMLD5) is a set of regulations enacted by the European Union to combat money laundering and terrorist financing.
MGA amended Player Protection Directive
The MGA granted a further one-month extension for all licensees to submit the Agreed-Upon Procedures Report (AUPs)
MGA updated the Approved Audit Service Provider Policy
The MGA had issued the updated Approved Audit Service Provider Policy
US casino operator MGM Resorts offers to buy online casino LeoVegas for $607 million
Las Vegas-based casino giant MGM Resorts International has launched a bid to acquire Swedish iGaming operator LeoVegas for $607 million (€577 million), via an offer of SEK61 (€5.85) in cash per share.
Britain’s online gambling hits highest ever rate
Online gambling has hit its highest ever rate in the UK, with one in four Britons placing bets online, according to newly released figures by the UK Gambling Commission. The most popular form of online gambling outside of lotteries was sports betting, particularly football.
Playtech report a magnificent profit in 2021 ahead of potential TTB acquisition
Playtech reported €112.3m (£93.4m/$123.3m) in adjusted net profit for its 2021 financial year, amid ongoing talks over a potential acquisition of the business by TTB Partners.
Vote for IGA Group to win CORPORATE SERVICES PROVIDER OF THE YEAR!
We are honoured to be nominated in the category Corporate Services Provider of the Year Award by SiGMA in the SiGMA ASIA Awards. Vote and support us to win the prize!
Bet365 registers full-year revenue at £2.82bn
UK-based Bet365 was seemingly unphased by COVID in the year ending March 2021 as it registered a full-year revenue of £2.82bn (around €3.4bn), at par with the £2.81bn (around €3.39bn) it registered a year prior.
Apollo Think Over Merging Yahoo Sports With Sport Betting Companies
Apollo Global Management is having preliminary discussions with sports betting companies to merge their assets with Yahoo Sports, as reported by CNBC.
Germany North Rhine-Westphalia opens to online gambling
The Landtag of North Rhine-Westphalia has made the decision to open the German state to online casino operations, under the the Fourth Interstate Gambling Treaty (GlüNeuRStv).