The National Betting Authority announced that it has suspended the operations licence of Royal Highgate Public Company Ltd for two months for non-compliance with its terms. In an announcement, the authority said Highgate “will not be able to provide betting services according to the 2012 law on betting as its licence has been suspended for […]

The leading gambling hub, Malta, announced that Bookmakers and Betting exchanges will be exempted from Value Added Tax (VAT). Starting from January 1st 2018 the Maltese government would no longer impose VAT on bets and wagers, including the services of bookmakers and betting exchanges, according to the report of The Times of Malta. Last week […]

According to an announcement on Thursday by the UK Gambling Commission (UKGC) on its website, the Chief Executive Sarah Harrison has resigned from the Organization leaving at the end of February 2018, following Nick Tofiluk’s departure. Ms Harrison will take a senior role with the Department of Business, Energy and Industrial Strategy. Neil McArthur who […]

The Malta Gaming Authority (MGA) has announced on its website on Tuesday that is looking for interested parties willing to share information regarding their cryptocurrencies and/or DLT projects, as is actively considering the possibility of allowing the application of cryptocurrencies and DLT by its licensees. The regulator says that is mindful that there are risks […]

The British land-based casino operators are going to pay at least 0.1% of their annual gross profit for funding the charity GambleAware to fulfill the National Responsible Gambling Strategy’s goals, as agreed the British land-based casino operator’s trade association, the National Casino Forum (NCF). “The casino sector has always supported fundraising for research, education and […]

Portugal will amendment the country’s gambling laws in 2018, according to local media reports. The goverment has put forward a number of proposed changes to online gaming tax and regulations. As per the proposed changes to online gaming tax, the tax for the State will raise from 2.28% to 3.17% and the allocation for the […]

According to an announcement of the UK Gambling Commission (UKGC), the Executive Director and Regulatory Operations lead, Nick Tofiluk, has departed the Organization for the Cyprus National Gaming & Casino Supervision Commission. As an Executive Director of the UKGC for the last 10 years, Nick Tofiluk has experience on licensing, compliance issues and betting integrity. […]

The Cyprus Government intends to regulate bingo gambling, as confirmed by the Finance Minister of Cyprus, Harris Georgiades, last Thursday, at the 1st Annual meeting of the National Betting Authority. Mr Georgiades stated that the new legislation “will secure national interest and social benefit”. “It is an activity whose turnover, according to estimates, exceeds €100m […]

The leading Data Center Provider, NetShop ISP, has announced today that will be hosting iGathering17 Private Event which will take place in Hilton, Malta. iGatherings are private, networking events attended by the iGaming industry’s C-level executives. NetShop ISP, as a leading Data Center Provider in Malta, will be among the 4 companies hosting this event […]

Betfred is set to expand the reach of its new TradeFred Forex and CFDs online trading platform into Cyprus, according to LeapRate.com. The result of a partnership between Betfred and Vanuatu-registered MagicPath Capital, the platform went live in June. At the time of its launch, TradeFred only held a licence issued by the Vanuatu Financial […]

Malta has become the basis of operations for many Dutch gambling companies before the Netherlands announces the new Dutch gambling laws, as per the local media. Specifically, the two Dutch media outlets Het Financieele Dagblad and Trouw claimed that Malta has a lot of technical and commercial expertise and years of experience in the online […]

Sweden’s gaming regulator, Lotteriinspektionen, has revealed that there has been a decline of Swedes who participate at gambling activities in the past year, according to its annual survey of the national gambling market. The annual survey is released on Wednesday by Lotteriinspektionen which showed that 66 percent of the 1,044 adults surveyed have participated in […]