In an annual report by one of the world’s most popular online gaming operators & platform providers, 888 Holdings PLC Company, it was stated that they were considering a possibility that post-Brexit, they may have to move their headquarters from Gibraltar to Malta. In the report, they highlighted the various risks that the European online gaming industry faced. One of them is currently the uncertainty of Brexit as most of their business is presently drawn from the UK. Although they stated they were considering moving their headquarters and license away from the Rock, they will still retain some presence there….

Italian police said on Wednesday they had seized assets worth 2 billion euros ($2.2 billion) and issued 41 arrest warrants in raids on gambling companies in Italy and abroad run by the ‘Ndrangheta mafia organization. Police believe the firms, including six that were operating out of Malta, were used to launder vast sums of illicit cash. Italy’s mafia groups, including the ‘Ndrangheta from the southern region of Calabria, the Camorra from Naples and Sicily’s Cosa Nostra, have strengthened their grip on southern Italy’s economy and spread to the richer north during a three-year economic slump. Among the targets of Wednesday’s…

The Malta Gaming Authority (MGA) has suspended the licences of a number of gaming companies in the country due to alleged relationships between the operators and Mafia-type criminal organisation, the Calabrian ‘Ndrangheta’. According to the Times of Malta newspaper, the allegations claim the companies form part of a global network also involving operators in Italy, Austria, Romania and Spain. Led by Italian national Mario Gennaro, the Ndrangheta is said to have set up a number of betting companies in Malta as part of the organisation’s illegal gaming activities. Gennaro yesterday (Wednesday) appeared in Maltese court alongside six other Italians, all…

Malta Today – The Maltese government will continue to push for changes to a new definition of illegal sports betting which is being drafted by the Council of Europe, and pushed by France. According to the Parliamentary Assembly, illegal betting and match-fixing are “alarming, widespread practices” which jeopardise both sporting ethics and rule of law, as they are closely interconnected with money laundering and international organised crime. The Council of Europe is thus pushing for a Convention on the Manipulation of Sports Competitions, open to all States. The gaming industry provides 12% of Malta’s total GDP. Remote gaming on its…