The MGA Board (as per Article 14 of the Lotteries and different Games Act and after discussion with the Parliamentary Secretary for Financial Services, Digital Economy and Innovation, Hon. Silvio Schembri) has delegated Heathcliff Farrugia as the new Chief Executive Officer of the MGA with impact from 24 April 2018. Heathcliff Farrugia succeeds Joseph Cuschieri […]

Gamblica, a Malta-based online gambling provider, is good to go to change flip around the betting business with the assistance of blockchain innovation. The Gamblica platform gives a scope of betting exercises: roulette and space machines, poker room, sports wagering, on an extraordinarily straightforward and secure brilliant contract framework. The stage depends on a blockchain […]

Russia has blocked in excess of 1800 online gaming sites amid the most recent week as the FIFA World Cup approaches. This is a piece of the nation’s intends to get serious about online games wagering stages and maintain a strategic distance from unlawful gaming choices from the market. The Federal Service for Supervision in […]

Telecommunications and smartphone supplier Huawei has turned into the most recent tech mammoth in China to dispatch a blockchain-as-a-benefit (BaaS) stage. Reported at Huawei’s expert gathering in Shenzhen on Tuesday, the organization’s new stage, named Blockchain Service, is said to empower organizations to create brilliant contracts over a circulated record arrange for a few utilize […]

Smartphone and semiconductor giant Samsung Electronics Co. is considering a blockchain platform to manage its vast global supply chain network, according to Bloomberg. Song Kwang-woo, Blockchain chief at Samsung SDS Co. – an information technology subsidiary of Samsung- said to Bloomberg that the system could cut shipping costs by 20 per cent. “It will have […]

Malta Gaming Authority (MGA) has just officially announced on its website that the MGA Executive Chairman, Joseph Cuschieri, has been appointed CEO of the Malta Financial Services Authority (MFSA). Joseph Cuschieri shall also sit on the MFSA’s Board of Governors. According to the MFSA press release, the new Board of Governors of the MFSA shall […]

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 […]

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” […]

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 […]

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 […]

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 […]

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 […]