Mediterranean Europe

OneTouch awarded Malta B2B software licence

The HALLO ECHO

  Innovative mobile-first slot and table games developer plans rapid content roll out to tier one brands on the island Mobile-first games developer OneTouch has been awarded a B2B software licence from the Malta Gaming Authority (MGA) enabling it to roll out its cutting-edge content to a wealth of tier one brands within the rapidly…

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MONEYVAL Criticises Malta for Failing to Act Against Financial Crimes

The HALLO ECHO

  Anti-money laundering body, MONEYVAL has sharply criticised Malta for inadequately tackling financial crimes, in a report highlighting the risks of banking and online gambling sectors. The report is a setback for the island that has sought to repair its reputation following the murder of a journalist investigating corruption. Moneyval said that the Maltese police…

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MGA launches Phase 2 of its Sandbox Regulatory Framework

The HALLO ECHO

  Following the implementation of the first phase of the Sandbox Regulatory Framework as of 1 January 2019, which established the possibility for authorised persons to be allowed to accept Virtual Financial Assets (VFAs) as a means of payment, the Malta Gaming Authority (MGA) is announcing the launch of the second phase of the Framework. During this…

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Spain Moves Forward on Gambling Ads Ban

The HALLO ECHO

The PSOE minority government in Spain is going to accept all the recommendations of Ombudsman Francisco Fernández Marugán to ban gambling advertising. The Ministry of Finance has accepted the Ombudsman’s recommendations. That way, departments would have to enforce new restrictions on the gaming industry. The authorities will soon draft a Royal Decree to establish restrictions on gambling…

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Cyprus Bans Daytime Gambling Adverts

The HALLO ECHO

  The Cyprus Gaming and Casino Supervision Commission has released a new set of rules for gambling advertisements by land-based casinos. The gambling regulators said that the new measures are introduced to “ensure gambling activities are carried out in a socially responsible manner.” There are four land-based casinos operating in Cyprus including a temporary casino…

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Cyprus National Betting Authority Urges €1 Million Budget for Pushing Responsible Gambling

The HALLO ECHO

  The Cyprus National Betting Authority has urged €1 million budget to create different mechanisms to push responsible gambling in the country. That way they seek to protect people, especially the youngest, exposed to the segment and potential addiction. Ioanna Fiakkou, Chair of the regulator, has sent data to the parliament to explain the proposal.…

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