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 […]

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 […]

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. […]

The board of directors of global gaming company NetEnt have announced the departure of its CEO and President Per Eriksson, effective immediately. To increase focus on the company’s long-term growth, the board of directors of NetEnt said on Monday that Eriksson (CEO and President since 2012) has been replaced. “NetEnt has developed well over many […]

The National Betting Authority (NBA) presented yesterday 21st of March 2018 the results of the first National Prevalence Study on the impact, behavior and characteristics of users of gambling activities. The main goals of the survey were: – Record the degree of participation in gambling – Determinate the percentage of problematic gambling – Study the […]