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The Latest in malta
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 […]
Casino
March 2, 2022
Casino Maltese Expels Russian Ambassador over War in Ukraine
Casino Maltese will no longer admit on its premises the ambassador of the Russian Federation in Malta, Andrey Lopukhov. The diplomat has lost his membership and will no longer be able to attend the exclusive social club in retaliation to President Vladimir Putin’s unprovoked aggression against its democratic neighbor. Cold Snap in Diplomatic Relations On […]
Industry
February 21, 2022
Glitnor Group Acquired KaFe Rocks to Enter Lead Generation
Online casino games provider and operator Glitnor Group announced today the acquisition of KaFe Rocks, an iGaming affiliate company, for an undisclosed sum. Entering the Lead Generation Space The acquisition of KaFe Rocks, a gambling affiliate business operating out of Malta, announced the entry of Glitnor Group into the online gambling lead generation space and […]
Legal
January 18, 2022
Yorgen Fenech Claims Witness Lied in Maltese Journalist’s Murder Case
It’s been over four years since journalist Daphne Caruana Galizia was murdered while covering a story about corruption in the country’s government. However, the case that rocked the Malta Gaming Authority, and the entire gaming industry, is still dragging through the court system. One of the prime suspects allegedly involved in orchestrating the murder, millionaire […]
Industry
January 4, 2022
KaFe Rocks Allows Employees Unlimited Holidays, Mental Health Support
The Maltese iGaming company KaFe Rocks, as well as its Time2play brand, have decided to demonstrate their devotion to their employees by offering them an unlimited number of holiday days on top of access to mental health support. This new initiative will be executed with the help of the mental health charity Richmond Foundation. KaFe […]
Legal
January 3, 2022
Malta Court Ruling Gave Gambling Addict Second Chance
A misappropriation court case covered by the Times of Malta is the latest example of the impact gambling addiction could have on professional and personal aspects of life. This time, the outcome seems to be optimal for both the addict and the public, though. Gambling Problem Leads to Siphoning Company Money The first working day […]
Legal
December 20, 2021
MGA Executive under Investigation, May Face Charges for Data Misuse
As one of the most lucrative jurisdictions in the EU for gambling, Malta has gotten the attention of many operators. The country’s tax rate combined with its EU membership makes it an attractive destination for gambling operators. Currently, the gambling industry in the country is regulated by the Malta Gaming Authority (MGA). Despite the growing […]