Industry
March 20, 2023
Gibraltar Faces Increasing Pressure as EU Cracks Down on “High-Risk Nations”
In December, the EC updated its rules regarding high-risk third countries. The nations included in the ignoble list face systemic anti-money laundering (AML) or countering the financing of terrorism (CFT) failings. The recent inclusion of Gibraltar deserves special mention, as the territory is one of the largest online gambling hubs. Tightening regulations may significantly hamper […]
Legal
February 23, 2023
Gibraltar Court Hands Out £5M Assets Freeze Order against Mansion Group’s Ex-CEO
The legal battle between Mansion Group, a leading online gambling operator that is globally recognized, and its former CEO, Karel Christian Mañasco, dates back to last year. Back then, the operator filed a claim against Mañasco with the courts in Gibraltar. In its claim, Mansion Group alleged that the former CEO abused his powers and […]
Legal
January 31, 2023
888 to Keep Its Gibraltar License in Spite of Compliance Breaches
The Gibraltar Gambling Commissioner, Gibraltar’s official gambling regulator, is taking action against 888 Holdings, which breached local regulations. While failings were recorded, 888 will likely keep its license, the authority noted. 888 Faces Trouble in Gibraltar The commissioner will soon begin reviewing and discussing the outcome of the internal investigation of 888 Holdings’ business, the […]
Casino
November 7, 2022
Markor Technology Receives License from Gibraltar
Markor Technology has received a license from Gibraltar’s regulatory commission. As a result, the company, which provides global solutions for the iGaming industry, will now be able to offer B2C bookmaker services on top of its existing product offering. Markor Technology to Scale Offer with Gibraltar License The license approval makes it possible for the […]
Industry
October 21, 2022
Gibraltar Proposes New Fees for Gaming Companies
The Government of Gibraltar discussed licensing fees for foreign gaming companies. The results of the consultations will be added to a proposed bill that might revolutionize the country’s Gambling Act. Gibraltar Proposes New Fees As a result of the consultation, a new framework for the licensing and regulation of commercial gambling was proposed. The amendments […]
Industry
October 19, 2022
Gaming Corps Launches in Gibraltar with Relax
Gaming Corps, a Swedish-based iGaming developer, has been greenlit for launch in Gibraltar. After securing approval from the Gibraltar Betting and Gaming Association, the developer will be able to offer its products through the Relax Gaming platform. Gaming Corps Receives Gibraltar License Gaming Corps will capitalize on its new license and will launch its full […]
Industry
August 22, 2022
Kennedy Named as Bet365’s Head of Partnerships
Bet365, one of the biggest and most influential gambling companies in the world, has promoted one of its most loyal workers. Gareth Kennedy, who has worked for the operator for more than a decade, has now been named as its new head of partnerships. Kennedy Is a Loyal Worker As mentioned, Kennedy has over ten […]
Industry
July 6, 2022
DAZN Bet Adds Kevin Alvarez as Head of IT Operations
DAZN Bet, the sports betting brand of British media DAZN Group, has a new addition to its executive ranks after former board director of Ladbrokes Kevin Alvarez announced he has joined as Head of IT Operations. Changing One Industry with Another Alvarez used his LinkedIn profile to announce that he has quit his role as […]
Industry
June 23, 2022
Gibraltar Should Prove Its Regime Is Robust and Effective
Gibraltar’s Chief Commissioner for Gambling Andrew Lyman issued a rallying call for everyone involved to help the country replicate what Iceland and Malta achieved as both managed to get themselves off the Financial Action Task Force’s (FATF) grey list within 12 months from being added. ‘No Fundamental, Systemic, AML/TF Weaknesses’ The British overseas territory surprisingly […]
Industry
June 1, 2022
Gibraltar Government Issues Command Paper for New Gambling Act
Following its big plans to freshen up the 2005 Gibraltar Gambling Act, the territory’s government has initiated the reform process by issuing a Command Paper inspired by the financial sector. Authorities have published a preliminary draft of the bill that would reform the industry by bringing in extra flexibility and expanding the types of licenses […]