Tag Archives: malta

Intralot 2022 dragged by Malta expiration as Nikos takes charge of US INC

SBC News Intralot 2022 dragged by Malta expiration as Nikos takes charge of US INC

Intralot SPA has cited a return to a ‘better operational efficiency’ as the Athens-listed gambling technology group delivers improved EBITDA results despite registering a decline  in headline revenues.     Publishing full-year 2022 results, Intralot registered group revenues of €392m, reflecting a 5.1% decrease compared to FY2021 results of €414m. The decline in headline revenues was primarily attributed to the license expiration …

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Altenar continues Balkan expansion with BetMarket

SBC News Altenar continues Balkan expansion with BetMarket

Altenar has strengthened its B2B supplier presence in the Balkans by partnering with Bulgarian operator BetMarket to redevelop its sportsbook and igaming offering.  BetMarket already has an existing relationship with Altenar, which has serviced the Bulgarian operator’s prop markets and virtual sports offering. BetMarket, which started as a bingo and slot games operator in 1997, has steadily grown its sports …

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Catena exercises warrants to expand available share capital  

Catena Media

Catena Media Plc has settled its shareholder subscription options related to warrant rights issued for the period of 2020-to-2024. The Stockholm-listed media publisher had previously alerted shareholders of its intentions to exercise warrants following its Q4 2022 trading results.   The transaction saw 6,663,913 of warrants paid by Catena, corresponding to approximately 19.7% of all outstanding warrants being exercised for cash …

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Videoslots to challenge €9.8m Dutch KSA fine

KSA, Netherlands/Dutch gambling authority

Videoslots has stated that it will challenge a €9.8m penalty summoned on its business by Dutch gambling authority Kansspelautoriteit (KSA).  The fine – yet to be disclosed by KSA – was branded as ‘absurd and unlawful’ by Videoslots, which  will unequivocally challenge how the Dutch authority issued the record penalty fee on its business. Malta-based Videoslots accused KSA of “calculating …

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MGA issues April deadline for licensable games to secure ‘Recognition Notices’

SBC News MGA issues April deadline for licensable games to secure ‘Recognition Notices’

The Malta Gambling Authority (MGA) has called for all ‘unrecognised’ game suppliers/distributors “to come forward and self-report their administrative non-compliance” by 14 April 2023.  The demand has been summoned as the regulator seeks to address all entities offering ‘licensable games’ in-or-from Malta without its due authorisation. Game Authorisations provided by the Malta Gaming Act allow for businesses to offer licensable …

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Genesis Global’s Malta business coming to a close as MGA suspends licence

SBC News Genesis Global’s Malta business coming to a close as MGA suspends licence

The Malta Gaming Authority (MGA) has suspended the licence of igaming solutions supplier Genesis Global, after the firm closed its business in the country towards the end of last year. Genesis will no longer be able to carry out gaming operations, register new players or accept any deposits in Malta, but must continue collaborating with the MGA post-suspension.  Just before …

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MGA updates player protection duties for B2C operators

SBC News MGA updates player protection duties for B2C operators

The Malta Gaming Authority (MGA) has revamped its Player Protection Directive, adopting new safe, sustainable and responsible measures of paramount importance. Changes have been applied following feedback received through its dedicated consultation process, the amendments made by the authority will require licensees to monitor selected markers of harm when creating procedures to detect and address instances of problem gambling. The Authority …

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ComeOn promotes ‘proven talent’ Sherwin Jarvand to lead data intelligence  

SBC News ComeOn promotes ‘proven talent’ Sherwin Jarvand to lead data intelligence  

ComeOn Group, the B2C igaming subsidiary of Cherry Gaming AB, has announced the promotion of Sherwin Jarvand to Chief Data Officer (CDO).  The appointment sees ComeOn enlarge its c-suite executive leadership team, with Jarvand having formerly served as Director of Customer Engagement since joining the company in 2023. An expert in the management of day-to-day igaming systems and controls, Jarvand …

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CasinoBeats Summit 2023: A product-focused conference agenda that embraces new, innovative formats

SBC News CasinoBeats Summit 2023: A product-focused conference agenda that embraces new, innovative formats

The upcoming CasinoBeats Summit (23-25 May) is one of SBC’s most focused industry events, allowing senior iGaming professionals and decision-makers to exchange thoughts about the new trends and the intricacies of the casino industry and create meaningful connections. Historically, SBC has placed a great emphasis on delivering a strong conference agenda that offers unrivalled insights by bringing in the industry’s …

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Altenar to power L&L Europe sportsbook properties 

Altenar

Altenar has announced a strong close to year-end trading, becoming the lead sportsbook solutions supplier to L&L Europe Limited.  The partnership will see L&L Europe launch its first online sportsbook property powered by Altenar’s sportsbook solution, offering a full range of pre-match and in-play markets. Further operating benefits will see L&L Europe serviced by Altenar’s fully customised promotional suite alongside …

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