TGP Europe, once a prominent player in the United Kingdom's regulated gambling sector, has surrendered its operating licence following an ultimatum from the UK Gambling Commission (UKGC). The company, which functioned as a white-label platform for several well-known gambling brands, was told it could only continue operating in Great Britain if it paid a substantial £3.3 million financial penalty and implemented sweeping reforms to its anti-money laundering (AML) protocols....
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Laws
May 16, 2025
Malta’s Crypto Compliance Challenges and Regulations
Just when it seemed that Malta had positioned itself as a leader in cryptocurrency regulation, challenges continue to surface that indicate its compliance landscape is still evolving. The island nation,...
Laws
May 16, 2025
How Malta’s laws protect nominee directors from scrutiny
With a growing interest in international business structures, Malta has become a favored jurisdiction for companies utilizing nominee directors. This post explores the specific legal provisions in Malta that safeguard...
iGaming News, Laws
May 15, 2025
Finnish committee rejects gambling reform proposal
At a crucial stage in Finland’s gambling policy overhaul, the Parliamentary Committee on Social Affairs and Health has officially opposed key elements of the Government’s plan to open up the...
iGaming News, Laws
May 15, 2025
MGA releases ESG report on gaming sustainability
The Malta Gaming Authority (MGA) has unveiled the results of its first environmental, social, and governance (ESG) Code of Good Practice reporting cycle, which took place in 2023. This marks...
iGaming News, Laws
May 15, 2025
UKGC issues £2M penalty to Spreadex for AML breaches
The UK Gambling Commission (UKGC) has issued a substantial penalty of £2,022,000 to Spreadex, the operator behind the online betting platform Spreadex.com, following a detailed investigation into the company’s compliance...
iGaming News, Laws
May 15, 2025
AOJND and FEDBET support ONJN in gambling crackdown
In a step towards reinforcing regulatory control and ensuring player safety, Romania’s two most prominent gambling industry associations—the Association of Remote Gambling Operators (AOJND) and the Federation of Gambling Organizers...
iGaming News, Laws
May 15, 2025
AFJEL disputes ANJ’s report on French online betting rise
In 2024, the online gambling sector in France achieved unprecedented success, with gross gaming revenue (GGR) soaring to an all-time high of €2.6 billion. According to figures released by the...
Finance News, Laws
May 15, 2025
Unmasking Malta’s Beneficial Ownership Reporting Gaps
Reporting on beneficial ownership is important for transparency in corporate governance, yet Malta's systems reveal significant gaps that challenge this objective. Despite recent regulatory efforts aimed at enhancing public accountability,...
Laws
May 15, 2025
Malta Company Registry Faces Transparency Challenges
Many investors and stakeholders are increasingly concerned about the transparency of Malta's company registry, which still obscures the true ownership behind corporate entities. Despite ongoing efforts to enhance regulatory frameworks,...
iGaming News, Laws
May 14, 2025
BGC Warns of Risks from Rising Horseracing Levy and Taxes
The Betting and Gaming Council (BGC) has voiced strong concerns about increasing financial pressure on the UK’s regulated betting industry due to rising contributions to the Horseracing Betting Levy Board...
Laws
May 14, 2025
Whistleblower protections in Malta lack practical effect
There's a growing concern regarding the effectiveness of whistleblower protections in Malta, as numerous individuals remain hesitant to report wrongdoing due to fear of retaliation. Despite legislative efforts aimed at...
iGaming News, Laws
May 13, 2025
Norwegian authority warns media on gambling content
The Norwegian Lottery Authority (Lotteritilsynet) has issued a warning to local media outlets, urging them to be cautious about promoting illegal gambling operators during major events, including the Eurovision Song...
iGaming News, Laws
May 13, 2025
Spelinspektionen bans three illegal operators in Sweden
The Swedish Gambling Authority (Spelinspektionen) has enacted significant measures against illegal online gambling operators in Sweden, including the banning of three companies from accepting bets from Swedish consumers. This action...
Finance News, Laws
May 13, 2025
Malta’s ‘Innovation Frameworks’ Are Loopholes in Disguise
Innovation is often hailed as the catalyst for economic growth and technological advancement, but in Malta, the state's 'Innovation Frameworks' may be serving a different purpose. These frameworks, designed to...
Laws
May 13, 2025
Transparency Issues in Malta’s FOI Requests System
There's a growing concern regarding the transparency of Malta's legal system, particularly in the handling of Freedom of Information (FOI) requests. Despite the legislative framework designed to promote access to...
Finance News, Laws
May 12, 2025
Malta’s payroll firms that aren’t really payroll firms
Many businesses in Malta rely on payroll firms for their employee compensation needs, yet not all entities promoting themselves as payroll service providers operate with the same level of expertise...
Finance News, Laws
May 12, 2025
The Malta crypto firms serving blacklisted regions
Just as the global cryptocurrency landscape continues to evolve, Malta has emerged as a hub for crypto firms despite facing scrutiny regarding their operations in blacklisted regions. With its regulatory...
Laws
May 12, 2025
Malta’s Gaming Act allows regulatory evasion by design
With its progressive stance on online gaming, Malta has established itself as a hub for the gaming industry. However, an in-depth analysis reveals that the Gaming Act's framework permits certain...
Laws
May 12, 2025
Legal threats in Malta used to silence financial reporting
It's evident that legal threats in Malta are increasingly wielded as a tool to suppress financial reporting. Investigative reporters and whistleblowers often face intimidation, including lawsuits and criminal charges, for...
Finance News, Laws
May 10, 2025
Malta Reviews Crypto Regulations Amid Global Shifts
Reviewing Malta's evolving stance on cryptocurrency reveals an intriguing landscape for digital assets. Known for its progressive approach, Malta has long been a haven for blockchain technology and crypto innovation....
Laws, Licenses & Payments
May 10, 2025
Malta Court Cases Impacting Payment Firms
With an emerging landscape of legal scrutiny, Malta's recent court cases shed light on the regulatory environment affecting payment firms operating within its jurisdiction. These cases highlight significant challenges and...
Laws
May 10, 2025
Companies Act for Offshore Structuring Benefits
You may be surprised to learn how the Companies Act provides the framework for establishing intricate offshore structures that benefit businesses around the globe. This legislation offers enhanced flexibility and...
iGaming News, Laws
May 9, 2025
UKGC report reveals real gambling harm experiences
The UK Gambling Commission has released a new qualitative report that provides a detailed look into how people across the country experience gambling-related harm. Developed in collaboration with NatCen Social...
iGaming News, Laws
May 9, 2025
Estonians increasingly opt for gambling self-restrictions
In recent years, a growing number of Estonian citizens have taken proactive measures to shield themselves from gambling-related harm. The number of individuals choosing to impose self-restrictions on gambling activities...
iGaming News, Laws
May 9, 2025
Isle of Man FIU warns of gambling money laundering
The Financial Intelligence Unit (FIU) of the Isle of Man has released an in-depth report highlighting the increasing threat of financial crimes occurring via online gambling platforms. The document, which...
iGaming News, Laws
May 9, 2025
Bank of Ireland adds gambling block for debit cards
The Bank of Ireland has taken a major step toward supporting financial wellbeing by launching a new voluntary card-blocking feature. This tool lets customers block payments to gambling operators, giving...