Police have arrested 78 suspects for organised online gambling through computer games in the eastern Anhui province, involving 128m yuan ($18.5m). Chinese authorities received a tip-off about the organisation after an individual lost 300,000 yuan on an online game called “Zork.” A total of 78 suspects were arrested, with 46 of them still being detained…
Bank of Valletta was preparing for the possible pull-out of ING, its sole remaining provider of correspondent banking services in US dollars, an official confirmed. The official, who asked not to be named, said mitigating measures were being taken over fears that the Dutch bank could pull the plug on its correspondent banking services to…
Spain’s Acting Ombudsman, Francisco Fernández Marugán, has called for a national gambling advertising ban. Spain’s online gaming market saw gross revenue grow 26% to €699m ($786m) for 2018 and Marugán feels the country’s gambling market is spreading “without control.” Believing gambling should be considered a matter of public health, Marugán wants legislation to look more…
Russia is one of the strictest countries when it comes to gambling in general. The industry hasn’t been eradicated completely within the borders of the federation, but restrictions are extremely heavy. Offline casinos cannot touch any market besides 4 pre-assigned regions, which are not that profitable due to distance from Moscow. But what the country…
The Malta Gaming Authority (MGA) and the Malta Police Force (MPF) have entered into a Memorandum of Understanding (MoU) to further increase and improve the efficacy of their co-operation and to strengthen the exchange of information with regards to gaming operations. This understanding aims to consolidate undertakings in combatting gaming related offences such as instances…
This year’s Malta iGaming Excellence Awards (MiGEA) was yet another success, thanks to the professionalism of the organisers. In our opinion it was a well-attended event held at Smart City where distinguished guest enjoyed the dancing fountain, spectacular fireworks and the outstanding performance of the entertainers throughout the dinner. It was an honour for our…
Join us at Malta’s leading blockchain summit Come and meet us at the Intercontinental, Malta, between the 23rd and 24th May 2019, and get to know how we can help simplify your business needs. iGamingAdvisors services vary from company formation, acquisition of gaming licenses and opening of bank accounts amongst others. Its subsidiary company, iCOin…
Meet us at #SiGMA18 – the World’s iGaming Village. Come and meet us at the MFCC, Malta, between the 28th and 30th November 2018 at Stand no. B329, and get to know how we can help simplify your business needs. At IGA, we are committed to provide the best possible service to our clients in…
Join us at Malta’s leading blockchain summit Come and meet us at the Intercontinental, Malta, between the 1st and 2nd November 2018, and get to know how we can help simplify your business needs. iGamingAdvisors services vary from company formation, acquisition of gaming licenses and opening of bank accounts amongst others. Its subsidiary company, iCOinMalta offers…
Should you wish to open a new bank account after the latest SataBank restrictions, simple get in touch with us by email [email protected] or Mobile Number +35699441881 Satabank plc has been directed by the Malta Financial Services Authority to refrain, cease and desist from taking further deposits into the accounts of its current customers. The…