In a significant legal development, the beleaguered national carrier Air Malta has been directed by an industrial tribunal to pay a sum of €585,056 to 33 former cabin crew staff members. The tribunal found the airline guilty of discrimination and breaching the principle of equal pay for equal work....
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Finance News, NEWS Malta
August 28, 2023
FinanceMalta and Moneybase Join Forces for the 16th Annual Conference
As anticipation mounts for the much-awaited 16th Annual Conference, FinanceMalta has forged a powerful partnership with Moneybase, emerging as the primary sponsor for this year's event. Set to take place...
Finance News, NEWS Malta
August 24, 2023
Malta’s Economic Outlook: Slowing Growth
In a recent economic forecast released by the Central Bank, the outlook for Malta's economy seems to be taking a somber turn. The island nation, known for its vibrant tourism...
Finance News, NEWS Malta
August 24, 2023
Malta Enterprise Extends Skills Development Scheme
In a bid to catalyze skills enhancement and drive growth within Malta's burgeoning business landscape, Malta Enterprise has announced the expansion of its Skills Development Scheme. This revitalized program, aimed...
Finance News, iGaming News
August 21, 2023
FS Gaming Investments reduces Stake in 888 Holdings
In a significant move, investment firm FS Gaming Investments has lowered its ownership stake in 888 Holdings from the initial 6.57% to 4.55%. This strategic decision comes after FS Gaming's...
Finance News, NEWS Malta
August 21, 2023
Understanding Inflation Trends in Malta
Last month, the annual rate of inflation in Malta, as measured by the Harmonised Index of Consumer Prices (HICP), stood at 5.6 per cent. This marked a decrease from the...
Banking, Finance News, NEWS Malta, Taxation
August 21, 2023
MeDirect Bank: Steady Growth and Impressive Profits
Are you curious about financial institutions that not only survive but thrive in challenging times? Look no further than MeDirect Bank, which recently announced a significant profit after tax of...
Banking, Business News, Finance News, Taxation
August 21, 2023
Changing Banking Landscape
The lasting impact of the 2007-2008 Global Financial Crisis (GFC) still reverberates in our memories. It was a period marked by the precarious state of banks, with many of the...
Business News, Finance News
August 17, 2023
MGM Resorts Launches BetMGM in the UK
The iGaming landscape is undergoing a significant transformation as MGM Resorts takes the leap to introduce BetMGM iGaming and online sports betting to the United Kingdom. Building on its acquisition...
Finance News, iGaming News
August 17, 2023
DraftKings Gains Market Share in US Sports Betting
In the realm of US sports betting, a duopoly has solidified its position, with Flutter Entertainment's (OTC: PDYPY) FanDuel and DraftKings (NASDAQ: DKNG) leading the way. And it seems that...
Finance News, NEWS Malta
August 15, 2023
Positive Performance for Tigné Mall in the First Half of 2023
In a recent announcement following a board meeting held on Friday, August 11, the Tigné Mall plc, the proud owner and operator of The Point Shopping Mall, unveiled a promising...
Finance News, iGaming News
August 15, 2023
Playmaker Capital Releases Financial Report for Q2 2023
In a recent development, Playmaker Capital has released its financial report for the second quarter of the year, showcasing impressive results. The revenues reached $12.6 million, indicating a growth of...
Finance News, iGaming News
August 15, 2023
Bally’s and MGM Resorts: Hedge Funds Adjust Positions
The dynamic world of the gambling industry is subject to constant change, and in the second quarter, some notable hedge funds made adjustments to their holdings. Bally's (NYSE: BALY) and...
Finance News, iGaming News
August 15, 2023
888 Holdings Releases H1 2023 Results
In an exciting development for the gambling industry, 888 Holdings has unveiled its H1 results for 2023, reporting impressive revenue of £881.6 million – a remarkable 165% increase compared to...
Finance News, iGaming News
August 15, 2023
Penn Entertainment’s Bold Move
In a strategic move that sent ripples through the sports betting industry, Penn Entertainment (NASDAQ: PENN) recently unveiled a groundbreaking deal with ESPN Bet. The agreement entails a substantial payment...
Finance News, iGaming News
August 15, 2023
Maryland’s Growing Gaming Landscape
The Maryland Lottery and Gaming Control Agency has released remarkable revenue figures for fiscal year 2023, highlighting a year-over-year growth trend that's nothing short of impressive. With a total contribution...
Finance News, iGaming News
August 15, 2023
888 Witnesses Remarkable 165% Revenue Surge
The world of business is in a constant state of flux, and companies that can adapt and make strategic decisions tend to emerge as winners. In a breathtaking development, 888,...
Finance News, iGaming News
August 14, 2023
Galaxy Gaming Releases Q2 Report: 33% Increase in Revenue
Galaxy Gaming has published its Q2 2023 report, revealing a total revenue of $7.5 million, marking a significant 33% rise compared to Q2 2022. Analyzing Q2 revenue since 2020, the...
Finance News, iGaming News
August 11, 2023
NeoGames: Successful Second Quarter Driven by Diverse Product Portfolio
NeoGames, a provider of iGaming, iLottery, and sports betting solutions, has attributed its successful second quarter to the wide range of products within its portfolio. The company experienced a remarkable...
Finance News, iGaming News
August 10, 2023
Wynn Resorts: Strong Q2 Results Reflect Significant Growth
Wynn Resorts has unveiled its Q2 financial results, showcasing impressive figures: a total operating income of $1.6 billion – a substantial leap from the $908.8 million reported in Q2 2022.
Finance News, iGaming News
August 10, 2023
Entain Reports Strong H1 Performance
The first half of 2023 has marked a remarkable performance for Entain, primarily fueled by positive developments in the gaming and sports betting sectors. CEO Jette Nygaard-Andersen emphasizes that the...
Finance News, iGaming News
August 10, 2023
Bragg Gaming Group Reports Impressive Q2 2023 Growth
Bragg Gaming Group has unveiled its Q2 2023 report, showcasing a remarkable 19% surge in revenue, totaling an impressive €24.7 million ($27.2 million). The second quarter of 2023 witnessed a...
Finance News, iGaming News
August 10, 2023
Mohegan: Digital Growth Focus Despite Slight Q2 2023 Revenue Dip
The Mohegan Group is turning its attention to expanding its digital segment, as revenue for the second quarter of 2023 experienced a minor decline compared to the previous year. In...
Business News, Finance News
August 10, 2023
Malta International Airport Witnesses Impressive Financial Recovery
In the past week, Malta International Airport plc released its interim financial results as of June 30. Given the significant impact of severe COVID disruptions in 2020, 2021, and 2022...
Finance News, iGaming News
August 10, 2023
Exploring SOFTSWISS’ Remarkable 83% Cryptocurrency Growth
The realm of iGaming has undergone a remarkable transformation, with SOFTSWISS emerging as a pioneer of these shifts. In their latest report, the company unveils intriguing trends in the realm...
Banking, Finance News
July 6, 2023
Financial Analysis: Impact of Monetary Policy Decisions
Financial analysis is a crucial aspect of navigating the ever-changing landscape of global markets. One of the most significant factors impacting financial markets is the monetary policy decisions made by...
Banking, Finance News, Laws
July 5, 2023
Kenneth Farrugia appointed as Chairman of FIAU
The recent appointment of Kenneth Farrugia as the Chairman of the Financial Intelligence Analysis Unit (FIAU) and the Malta Financial Services Authority's CEO has raised eyebrows and sparked controversy. As...