IGA at Delta Summit

Join us at Malta’s leading blockchain and digital innovation summit Come and meet us at the Intercontinental, Malta, between the 3rd and 5th October 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…

LeoVegas AB: LeoVentures invests in Pixel.bet

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…

MGA New Regulation pushed back to August

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…

World’s first ICO shareholders hack!

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…

MGA reacts to Italian Media

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.…

ICO, VC and DLT Regulations and Banking

Recently 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…

MGA New Chief Executive Officer Mr. Heathcliff Farrugia

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…