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Joseph Cushieri, CEO of MGA, steps down

The MFSA Board of Governors has delegated Joseph Cuschieri as the new Chief Executive Officer of the Authority with impact from 24 April 2018. He might likewise sit on the Board of Governors of the Authority. This is the first run through in its history that the MFSA will have a Chief Executive Officer and […]

Neil McArthur the new CEO of UKGC

The UK Gambling Commission (UKGC) has designated Neil McArthur as its new CEO with prompt impact. McArthur had been serving in the part on an interval premise since Sarah Harrison left the national administrative body in February. The present (Thursday) arrangement comes after what the UKGC portrayed as a “careful hunt and profoundly aggressive process” […]

Malta remains a safe place for cryptocurrency firms

Control in the cryptocurrency industry is dependably an intriguing issue. It appears to be the majority of these improvements are compelling organizations to migrate to more crypto-accommodating nations. A great deal of organizations are at present thinking about the move to Malta, which is rapidly turning into an extremely prevalent place for cryptocurrency firms. There […]

MGA’s Report for the utilization of DLT and Virtual Currencies

The Malta Gaming Authority (‘MGA’) published a report which gives direction on the utilization of Distributed Ledger Technology and on the acknowledgment of Virtual Currencies through the usage of a Sandbox Environment. Virtual Currencies and Distributed Ledger Technology (DLT) are another problematic marvel in the computerized money and innovation territory. The MGA’s methodology is to […]

Casino in Cyprus by the end of the year

Melco International Development Ltd, a Hong Kong-recorded organization, later this year will dispatch an impermanent casino facility in Cyprus. Lawrence Ho, the organization director, has affirmed the advancement. The brief office is relied upon to work till 2021, the year the organization had set for the dispatch of its primary venue. “In 2018, we will […]

OPAP reveals the decrease in revenues

Profits dive in the financial year 2017 as escalated revenue was impacted by hiking operating costs, new games, and long-term investments witnessed by the Greek company, OPAP. The Athens-based firm observed net benefit disintegrate around 25% regardless of its GGR hoisting by 4% to €1.45bn ($1.78bn). Net profit was down to €126m, while gross profit […]

888 applied for gaming licence in Malta due to Brexit

The Gibraltar-based company, home to many of the world’s leading e-gaming and sports betting firms, is concerned about the impact of the UK’s departure from the European Union on the British Overseas Territory. Around 25% of Gibraltar’s GDP is generated by the gambling industry. There are fears that an end to freedom of movement could […]

Australia sets out amendments to ban lottery betting

The Australian Communications Minister Mitch Fifield is set to introduce the legislation, which bans betting on international lotteries, on Wednesday. Minister Fifield said said in a statement: “The government has formed the view that permitting betting on these services, also known as ‘synthetic’ lotteries, undermines the longstanding community acceptance of official lottery and keno products. […]