Tag Archives: malta

Italian Senate undertakes first moves at classifying & clarifying Blockchain

Replatz - Copyright: niroworld / 123RF Stock Photo

Seeking to expand its regulatory frameworks for new technology disciplines, the Italian Senate Committee for Corporate Affairs has approved the nation’s first blockchain focused legislative directives. The draft mandate aims to deliver an initial legislative framework for technologies and IT systems, which operate financial transactions/engagements/exchanges through decentralised registries, ledgers or crypto-based protocols. Developing its first legislative proposals, the Italian Senate …

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Betaland returns to business having been granted Galassia concession

Two-factor

OIA Services LTD, the Malta-based holding company of Italian betting operators ‘Betaland’ and ‘Enjoybet’ has been allowed by magistrates to unfreeze its business verticals. Both Betaland and Enjoybet brands had been placed under investigation by the joint ‘Galassia’ taskforce formed by the Italian police and financial authorities’ investigating multiple charges of corruption, fraud and money-laundering. Since November 2018, the digital …

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CashBet’s Ed Brennan: Regulation the “key enabler” to 2019 crypto turnaround

Cashbet

Cryptocurrencies may have taken a battering this year, but there are brighter times ahead according to Cashbet President Ed Brennan, who predicted that 2019 will be the year in which the concept achieves mainstream adoption for igaming. SBC: What movements and tech advances have defined crypto for igaming in 2018?  EB: There were a lot of ICO’s in 2018. The …

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How the Beautiful Digital Game Came to Life in the SiGMA Cup

O jogo bonito. The beautiful game. The origin of this phrase may be disputed, with both Pelé, Waldyr Pereira (Didi), Stuart Hall and H. E. Bates being mentioned as possible authors, but it is widely recognized as an accurate description of football. So, what is the most bonitomoment? For the CEO of All-in Translations, Tiago Aprigio, one of them belongs to Maradona. …

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IBAS backs MGA’s ‘ADR scheme’ as a positive direction for Malta

Richard Hayler, Chief Executive of betting adjudication group IBAS, has backed the Malta Gaming Association’s (MGA) ‘Alternative Dispute Resolution’ ADR scheme, as a positive directive for the European jurisdiction’s online gambling frameworks. A key initiative for 2018, this week the MGA enforced all its licensed incumbents to adhere to the new consumer dispute policies and procedures required by its new …

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Malta MGA launches new mandatory ADR player dispute scheme

Continuing to overhaul its online gambling licensing frameworks, The Malta Gaming Authority (MGA) has this week announced the launch of its Alternative Dispute Resolution (ADR) scheme directive. In place from 3 December 2018, the ADR scheme seeks to support online gambling consumers with reliable and consistent procedures and processes for challenging MGA licensed operators on matters relating to disputes, transactions …

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President’s Trust initiative added to Parimatch CSR programme

Parimatch - Malta

Parimatch has today met with H.E President of Malta, Marie-Louise Coleiro Preca, to welcome the President’s Trust into its corporate social responsibility (CSR) programme. The President’s Trust is an initiative designed to empower Maltese citizens who, due to their life circumstances, are unemployed, marginalized or at risk of poverty. The meeting, which took place at the end of Malta Week …

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AgiproNews Italian View: Gambling left red-faced by mafia investigations

Italian gambling has been rocked by the anti-Mafia taskforce investigation into illegal/fraudulent gambling activities conducted across Southern Italy. This November, the anti-corruption taskforce of the financial and federal police had conducted eighty search warrants arresting sixty-eight suspects on charges of corruption and fraud. The criminal investigations targeting the coastal cities of Catania, Reggio Calabria and Bari, are reported to have seized assets worth …

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