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Aoife Dillon Brings iGaming Expertise to The Unit

Posted by: Esther
February 17, 2025
in: Companies & People, iGaming News
Aoife Dillon Brings iGaming Expertise to The Unit

In an exciting development within the iGaming sector, The Unit, a leading provider in product design and development for sports betting and iGaming, has announced the appointment of Aoife Dillon as Senior Account Manager. Aoife's decade-long experience in the iGaming industry makes her a valuable asset to the company, and her expertise will play a crucial role in helping The Unit achieve its ambitious expansion goals....

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Nepotism Allegations Surround Festivals Malta CEO
NEWS Malta
February 17, 2025

Nepotism Allegations Surround Festivals Malta CEO

Recent allegations of nepotism have stirred significant controversy within Festivals Malta, the government agency tasked with organizing national celebrations and festivals. Culture Minister Owen Bonnici and Festivals Malta Chairman Aaron...


FAQs: What is Greentube Malta Limited? Greentube Malta Limited is a subsidiary of Novomatic, operating within the iGaming industry with a complex financial structure. Why is Greentube Malta transferring funds to Austria? The company transferred €83.2 million to its Austrian parent, potentially for tax and asset management strategies rather than pure tax efficiency. How does Malta’s Bill 55 impact Greentube Malta? Bill 55 protects Maltese gaming operators from foreign legal claims, potentially shielding Greentube Malta from regulatory risks abroad. What are the tax implications of Greentube Malta’s fund transfers? Despite Malta’s 5% effective tax rate, funds are moved to Austria, where Novomatic’s private foundations benefit from lower tax on retained earnings. Is Greentube Malta’s financial decline a concern? Yes, its operating profits dropped significantly in 2023, signaling potential restructuring or strategic shifts within Novomatic’s corporate structure. What role does GREENTUBE BETTING MALTA LTD play? This new entity, created in 2023, may serve as an alternative structure for Novomatic, possibly mitigating regulatory and financial risks. Why is Novomatic restructuring its gambling operations? Novomatic appears to be reorganizing to manage litigation risks, optimize tax efficiency, and ensure compliance with evolving regulations. How do intra-group transactions affect regulatory scrutiny? Large-scale financial movements between Greentube Malta and Austria may attract regulatory attention regarding their economic substance and purpose. What is Admiral Sport S.r.l.’s significance in this strategy? Novomatic’s acquisition of Admiral Sport S.r.l. and its shift to Malta aligns with Bill 55 protections, reducing exposure to Italian legal claims. Could regulatory changes impact Novomatic’s strategy? Yes, increased scrutiny from EU authorities or changes in Maltese and Austrian tax laws could challenge the sustainability of its financial approach.
Companies & People, Editor’s Choice 1
February 17, 2025

Greentube, Novomatic and Financial Maneuvering

Exploring Greentube Malta’s financial shifts, tax strategies, and legal risks in Novomatic’s corporate structure.


Legal Reforms in Malta Spark Protests Over Justice
NEWS Malta
February 17, 2025

Legal Reforms in Malta Spark Protests Over Justice

On Sunday, citizens gathered in the heart of Malta's capital to mark a somber anniversary – 88 months since the tragic murder of journalist Daphne Caruana Galizia. The protest, which...


Prison Scandal Figure Lands New Role at NSC
NEWS Malta
February 17, 2025

Prison Scandal Figure Lands New Role at NSC

In a move that has raised eyebrows across Malta’s political and public sectors, a former senior prison official, Svetlana Muscat, who was suspended from her role in June 2024, has...


Malta for iGaming and Financial Ventures
Business News, Finance News
February 16, 2025

Malta for iGaming and Financial Ventures

Malta is widely regarded as a premier destination for investments in iGaming and financial ventures. The island nation offers a distinctive combination of factors that enhance its attractiveness as a...


Aristocrat Interactive Welcomes Nir Hakarmeli
Companies & People, iGaming News
February 15, 2025

Aristocrat Interactive Welcomes Nir Hakarmeli

Aristocrat Interactive has taken a significant step in strengthening its global presence by appointing Nir Hakarmeli as the Managing Director of its iGaming and sports division. This strategic move reflects...


Stellar Gold Slot Game by Snowborn Games
iGaming News, Software & Slots
February 15, 2025

Stellar Gold Slot Game by Snowborn Games

The world of iGaming continues to evolve with innovative mechanics and engaging gameplay, and Snowborn Games, a well-known studio under the Games Global umbrella, has unveiled its latest slot release,...


KSA Reports Success in New Gambling Rules
iGaming News, Laws
February 15, 2025

KSA Reports Success in New Gambling Rules

The Dutch Gambling Authority, known as Kansspelautoriteit (KSA), has recently published an in-depth analysis regarding the initial effects of the updated gambling regulations introduced in October. These new policies aim...


Activists oppose Fort Chambray redevelopment permits
NEWS Malta
February 15, 2025

Activists oppose Fort Chambray redevelopment permits

A coalition of environmental and heritage organisations has launched a major legal battle against two permits granted by the Planning Authority (PA) for the redevelopment of Fort Chambray, a historically...


Malta Allocates Property for Social Welfare Project
NEWS Malta
February 15, 2025

Malta Allocates Property for Social Welfare Project

A government-owned property located in Triq Fleur-de-Lys, Birkirkara, has been officially transferred to the Office of the President in a bid to support the Malta Community Chest Fund (MCCF). The...


Masterplan for St George’s Square Faces Backlash
NEWS Malta
February 15, 2025

Masterplan for St George’s Square Faces Backlash

The Nationalist Party (PN) has strongly opposed the government’s newly proposed masterplan for St George’s Square in Rabat, Gozo. According to the opposition, the plan is not a solution but...


GAMLG and BGC Address Black Market Gambling Risks
iGaming News, Laws
February 15, 2025

GAMLG and BGC Address Black Market Gambling Risks

The regulated gambling industry faces an increasing threat from illegal betting markets, a concern highlighted by Grainne Hurst, CEO of the Betting and Gaming Council (BGC), during her keynote speech...


Sportsbet.io Introduces Unique Marble Racing Bets
Casinos & Bonus, iGaming News
February 15, 2025

Sportsbet.io Introduces Unique Marble Racing Bets

The landscape of online betting is continuously evolving, with new and innovative games being introduced to keep players engaged. Sportsbet.io, a pioneer in crypto sports betting, has once again taken...


SoftGamings Enhances iGaming Payments with Crypto
iGaming News, Licenses & Payments
February 15, 2025

SoftGamings Enhances iGaming Payments with Crypto

SoftGamings, a prominent provider of iGaming solutions, continues to strengthen its payment integration portfolio with the addition of GatewayCrypto, a state-of-the-art cryptocurrency payment gateway. This latest expansion is designed to...


BHA Warns of Rising Black Market Horseracing Bets
iGaming News, Laws
February 15, 2025

BHA Warns of Rising Black Market Horseracing Bets

The British horseracing industry is facing an alarming surge in unlicensed betting activities, as highlighted by a recent report from the International Federation of Horseracing Authorities (IFHA). This development has...


Bill 55 and stargames.de - Pursuing Claims against Greentube GmbH in Austria?
Companies & People, Editor’s Choice 1
February 15, 2025

Bill 55 and stargames.de – Pursuing Claims against Greentube GmbH in Austria?

Can players sue Greentube GmbH despite Malta’s Bill 55? Learn about legal strategies and corporate liability in Austria.


Buffalo Hold & Win Extreme 10,000 Slot Game
iGaming News, Software & Slots
February 15, 2025

Buffalo Hold & Win Extreme 10,000 Slot Game

Booming Games raises the bar in slot innovation once again with the launch of Buffalo Hold & Win Extreme 10,000, delivering an enhanced gaming experience. As the newest installment in...


Blockchain in Malta’s iGaming & Financial Sectors
Finance News, iGaming News
February 15, 2025

Blockchain in Malta’s iGaming & Financial Sectors

Malta has emerged as a hub for innovation, with blockchain technology driving significant advancements in the iGaming and financial sectors. The island nation's favorable regulatory environment and proactive approach to...


Groove Sets Future Trends in iGaming Technology
Companies & People, iGaming News
February 15, 2025

Groove Sets Future Trends in iGaming Technology

Groove, a trailblazing force in the world of iGaming, made a significant impact at ICE Barcelona 2025. The event marked a major milestone for the company as it celebrated ten...


QTech Games enhances portfolio with Upgaming
Business News, iGaming News
February 15, 2025

QTech Games enhances portfolio with Upgaming

In the world of iGaming, partnerships play a crucial role in shaping the future of the industry. One such significant collaboration is between QTech Games, a renowned distributor of online...


French Council Upholds ANJ Gambling Authority
iGaming News, Laws
February 14, 2025

French Council Upholds ANJ Gambling Authority

In a significant legal decision, the French Council of State has reaffirmed the power of the National Gaming Authority (ANJ) to oversee and regulate the gaming offerings and promotional activities...


Germany’s Online Gambling Crisis: How Maltese Companies Dominate German Players
Companies & People, Editor’s Choice 1
February 14, 2025

Germany’s Online Gambling Crisis: How Maltese Companies Dominate German Players

Malta controls 90% of Germany’s online casinos, leaving players unprotected. Can the GGL reclaim control?


Stake's Dirty Money and the Global Casino Takeover that No One is stopping
Companies & People, Editor’s Choice 1
February 14, 2025

Stake’s Dirty Money and the Global Casino Takeover that No One is stopping

How is Stake, a crypto casino, acquiring licensed gambling firms worldwide? Uncover the risks of its rapid expansion.


Navigating Malta’s Gaming Licensing Process
Licenses & Payments
February 14, 2025

How to Obtain a Malta Gaming License

Malta is widely regarded as a premier destination for online gaming operators due to its favourable regulatory environment. The licensing process is thorough yet efficient, provided that all necessary preparations...


Planning Authority Ignores Minister’s Illegal Hotel Expansion
NEWS Malta
February 14, 2025

Planning Authority Ignores Minister’s Illegal Hotel Expansion

The controversy surrounding Agriculture Minister Anton Refalo’s luxury hotel in Qala, Gozo, has raised serious concerns over the integrity of Malta’s planning regulations. Despite allegations of unauthorized development on a...


Għaxaq Farmlands Turn into Illegal Waste Disposal Site
NEWS Malta
February 14, 2025

Għaxaq Farmlands Turn into Illegal Waste Disposal Site

The rural landscape of Għaxaq, once characterized by its agricultural vibrancy, has been marred by unauthorized construction waste dumping. Since 2021, vast expanses of farmland have been transformed into unofficial...


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