Europe NEWS

Malta’s gaming sector achieves remarkable growth amid mounting money laundering threats

The 2023 National Risk Assessment (NRA) for Malta has recently been released, offering a comprehensive evaluation of the country’s susceptibility to money laundering, terrorist financing, proliferation financing, and targeted financial sanction risks. One of the key sections of the report delves into the Malta gaming sector. Malta’s gaming sector has demonstrated robust growth, marking a…

Strategic diversification pays off for spread betting platform CMC Markets

Strategic diversification pays off for spread betting platform CMC Markets

MGA revokes Winners Malta Operations Ltd.’s licence

The Malta Gaming Authority (the ‘Authority’) has cancelled Winners Malta Operations Ltd.’s B2C license, effective from January 11, 2024. This is the third cancellation this year following the revocation of the licences for Genesis Global Ltd., Betago Ltd. Additionally the MGA suspended Rush Gaming Ltd.’s licence, also in January. Winners Malta Operations Ltd. has been…

ANJ overhauls sporting events with 179 exclusions

The Autorité Nationale des Jeux (ANJ), France's gambling regulatory body, has undertaken a significant initiative to refine and clarify the landscape of approved sports competitions for betting in the country. The move involves a meticulous revision of the existing list, aiming to improve coherence and understanding for both stakeholders and bettors.

SSTrader launches AI betting super sports predictor

SSTrader, a pioneering force in sports analytics, has introduced the world's premier AI chatbot designed to predict real-time outcomes of soccer matches. The revolutionary Super Sports Predictor, developed over an intensive three-year period, is bound to disrupt the sports betting landscape by offering enthusiasts a novel and engaging method for formulating wagers on their favourite teams and matches.

LiveScore FY23 demonstrates remarkable 48.9% surge in revenue

In its financial report for the fiscal year ending March 31, 2023, LiveScore disclosed a substantial surge in revenue, reaching £129.6 million ($165.0 million/€150.8 million), reflecting an impressive year-on-year increase of 48.9 percent.

Leny Mitjana faces 10-Year suspension for tennis corruption scandal

Leny Mitjana has been issued a ten-year suspension and a $20,000 fine by the International Tennis Integrity Agency (ITIA).

MGA cancels Genesis Global Ltd. licence

The Malta Gaming Authority has cancelled Genesis Global Ltd.’s  licence. This move comes after Genesis Global Ltd. faced initial suspension in January 2023 due to bankruptcy or insolvency. Genesis Global Ltd. has been found in violation of one or more applicable obligations specified by regulatory instruments and other relevant laws in Malta. Additionally, the company…

Ivan Toney’s return to football highlights persistent gambling issues

Brentford striker Ivan Toney’s return to football after an eight-month suspension for breaching gambling regulations has reignited discussions about the pervasive influence of gambling in the sport. Toney’s ban was met with sympathy, reflecting a broader concern about the prevalence of betting within football.

Cost of gambling licenses in Belgium – 2024

The Council of Ministers has approved a draft royal decree allocating license fees for gambling permits from Class A (€22,085) to G2 (€123).   The license fees for 2024 have been published by the Gambling Commission (GC). The specified amounts will be paid by operators to the GC to cover operating, staff and establishment costs, with…