The Latest in malta
Industry
June 29, 2022
Hero Gaming Names Alistair Facciol Head of Compliance
Hero Gaming, a gamified gambling company, has reinforced its team with the addition of a former Entain compliance specialist. The one joining the company is Alistair Facciol, who will serve as Hero Gaming’s new head of legal and compliance. Facciol Has Rich Experience as a Compliance Officer Facciol has years of experience as a compliance […]
Legal
June 16, 2022
Malta Removed from FATF’s Grey List after Secret Vote
Reports in official Malta media claim the country has been removed from the Financial Action Task Force (FATF) grey list but the official announcement will not be made until Friday. News to Become Official Soon According to the reports, the ongoing FATF plenary meeting in Germany featured a secret vote on Wednesday in which the […]
Industry
June 1, 2022
MGA Stated Its Links with Iosif Galea Were Severed in 2013
The Malta Gaming Authority (MGA) posted an official statement to distance itself from the recently arrested ex-MGA compliance officer Iosif Galea. The MGA stated in its release that Galea, who was recently arrested while on holiday in Italy, “has not been employed with the Authority since March 2013,” and had been serving in the role […]
Industry
May 31, 2022
LeoVegas Hired Stosic as Group Head of Affiliates
LeoVegas, a Swedish online gaming company, has named Aleksandar Stosic as group head of affiliates. The new appointee has years of experience in affiliate positions. A New Group Head of Affiliates Joins the Team Stosic has extensive experience in affiliate positions. Before joining LeoVegas, he served as the head of affiliates at the gambling group […]
Sports
May 31, 2022
ComeOn Group to Support Two Sliema Sports Clubs
ComeOn Group, a leading global player in the rapidly growing iGaming market, has reinforced its presence in Malta. The company inked two new partnerships with local sporting organizations based in the town of Sliema. ComeOn Vows to Support Local Sports The two sports teams that will work together with the iGaming company are the Sliema […]
Legal
May 27, 2022
Ex-MGA CTO Jason Farrugia Faces Charges in Court
Ex-chief technology officer for Malta Gaming Authority (MGA) Jason Farrugia has been charged with a series of alleged offenses including fraud, extortion, and money laundering. Farrugia’s charges come five months after his MGA employment was terminated. The MGA has issued a statement that confirmed the fact that Farrugia had been arraigned on charges related to […]
Industry
May 11, 2022
Raketech’s Q1 Results Maintain Its Momentum
Raketech, a leading gambling-oriented affiliate marketing and analytics company, has posted its results for the first three months of 2022. According to the figures, Raketech’s business is doing great, especially in the key US region. Raketech’s Revenues Continue to Grow Raketech’s results show that the company earned a total of $13.5 million during the first […]
Business
March 30, 2022
Pinnacle Obtains MGA License as It Pivots towards Esports
Pinnacle Solution, a sportsbook management software firm, has achieved another milestone by obtaining a license from the Malta Gaming Authority (MGA). This development will allow the company to expand its geographical footprint and bring its products to new markets as well as collaborate with more established partners. Pinnacle Welcomes MGA License as Pivot towards Growth […]
Legal
March 8, 2022
Malta One Visit Away from Being Taken Out of FATF’s Grey List
Malta is due a visit by the Financial Action Task Force (FATF) this Friday to clarify whether the country’s financial authorities have completed a previously assigned action plan related to Malta’s inclusion in the grey list. ‘Substantially Completed’ Action Plan The global anti money laundering (AML) watchdog announced in its latest update that Malta had […]
Industry
March 4, 2022
MGA Advises License Holders to Ensure They Comply with Sanctions
The Malta Gaming Authority will be actively reevaluating its licensing conditions in light of the war Russia waged on its democratic neighbor last week. The regulator has said that license holders would need to comply with the sanctions imposed on Russia for declaring war on Ukraine. MGA Warns Licensees to Adhere to Sanctions on Russian […]