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CryptoFriends partners with the Malta Blockchain Summit

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CryptoFriends partners with the Malta Blockchain Summit
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2018-04-19 – St. Julians, Malta – The inaugural edition of the Malta Blockchain Summit promises to be a seminal event on the Blockchain and DLT calendar, and it has just received a boost with a newly-minted partnership with CryptoFriends, who are known for bringing their signature style to the events they work with.

CryptoFriends have an established track record with Hackathons and ICO pitches, and their association with the Malta Blockchain Summit all but ensures that those two events will be carried off with aplomb. The Malta Blockchain Summit will feature a Hackathon that will see 60 developers (organized in 12 teams) battle it out during the event. It will also bring together companies from around the globe for an equally competitive ICO pitch, with some of the most sophisticated panellists in the business officiating proceedings. The CryptoFriends partnership means both these initiatives will be imbued with the freshness and dynamism that has been their calling card.

CryptoFriends Co-Founder and CEO, Daria Arefieva, comments, “We are extremely delighted to partner with the Malta Blockchain Summit. Thanks to its progressive and positive attitude towards blockchain technology and sensible industry regulation, Malta is fast becoming one of the leading nations for blockchain in Europe, if not the world. This summit is an exciting opportunity for anyone operating in the space to come and see how this beautiful island is embracing our industry, seek out new business opportunities and grow their network. CryptoFriends is all about building smart connections in the crypto space and we are looking forward to bringing our passion, expertise and unique twist on blockchain events to Malta.

In addition to supporting the Malta Blockchain Summit in November, and as part of its commitment to promoting all things blockchain in Malta, CryptoFriends is planning a series of monthly, unique and intimate blockchain parties and meetups to take place on the Mediterranean island throughout this summer.

Each event will take place in a different, stunning venue. They will feature ICO pitches, a panel discussion with top investors and personalities from the blockchain industry and the chance to network with leading industry enthusiasts against the background of great music, entertainment, food and drinks.

The current schedule of events includes:

– June 23rd – CryptoFriends Birthday party at the Hugo’s terrace Malta

– August 24th – CRYPTOiGathering party at the Barracuda Restaurant

– September 21st – CRYPTOiGathering party at the Sheer Bastion

– November 1st-2nd – Malta Blockchain Summit at the InterContintal Malta Hotel

The Malta Blockchain Summit will include a number of featured conferences, headlined by elite speakers from all over the globe. Each conference will focus on the significance of Blockchain for various sectors that stand to be disrupted by this emerging technology.

Considering Malta’s leading position on regulation, its confirmed commitment to being the first global centre for blockchain and crypto businesses, and the CryptoFriends partnership, the Malta Blockchain Summit promises to be ideally positioned for maximum effect.

Peruse the floor plan to this event and check further opportunities when you visit www.maltablockchainsummit.com

Early bird tickets are already live, it’s worth booking early to avoid disappointment.

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Cyprus National Betting Authority Launches National Self-Exclusion Platform

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The Cyprus National Betting Authority during a press conference on February 20, 2024, announced the launch of the National Self-Exclusion Platform (NSEP). This strategic initiative is part of the Authority’s commitment of safeguarding players and the public, as outlined in its Safer Gambling Strategy 2022-25.

The NSEP facilitates players to control their betting activities and opt for self-exclusion, either temporarily or indefinitely, from all online bookmakers who are licensed in the Republic of Cyprus. The player acknowledges that their betting activity has brought gambling related harm on their life, hence, they may use the self-exclusion tool for a more effective control of their betting activity. During the self-exclusion period, the player has access to their current account only for the purpose of withdrawing their deposits and cannot create a new account in a licenced bookmaker’s website.

Registration on the platform is free, simple and straightforward, enabling the player to set their self-exclusion across all betting service providers by registering at https://www.exclusion.cy/. Specifically, players have the flexibility to choose between temporary self-exclusion, long period self-exclusion or for an indefinite time.

During the press conference, Ms. Ioanna Fiakkou, President of the NBA, expressed her satisfaction with the platform’s launch, underscoring its significance as “a robust tool for every player, designed to promote safer betting behaviour and safeguarding vulnerable groups of people.”

“The development of the National Self-Exclusion Platform underscores the NBA’s dedication to player protection and the establishment of a sustainable and fair betting sector. The platform at this point offers self-exclusion from online betting service providers, but its operation is dynamic and poised to integrate additional functionalities. Thus, we extend a public invitation to all stakeholders to join our efforts for safeguarding society and include specific groups such as athletes in the platform’s operations, in collaboration with relevant federations and governmental bodies, to join the platform. Through this collaborative effort, we aim to fortify the fight against match-fixing and enhance transparency in sports, aligning with key objectives outlined in the Authority’s strategic framework. We are particularly satisfied to witness the realization of another significant milestone, as we advance towards achieving the goals set forth in the Safer Gambling Strategy, reinforcing protective measures for the public and fostering the industry’s sustainability in the right direction,” Ms. Fiakkou said.

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Cyprus: National Betting Authority Reveals Strong Growth in Q3 2023

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The National Betting Authority has released the financial outcomes for the third quarter of 2023, showcasing a continual surge in the revenue of the betting sector, underscoring its robust and consistent growth.

As per the disclosed financial results, the gross betting revenue for both Class A (land-based betting) and Class B (online betting) recipients reached €259,440,696. This signifies a noteworthy 9% surge in comparison to the third quarter of 2022 (€238,175,857) and an even more substantial 35% increase in contrast to the third quarter of 2021 (€192,087,098).

Breaking down the figures, Class A recipients contributed €70,941,349, while Class B recipients accounted for €188,499,347 of the total gross revenue. Class A recipients observed an 8% increase in gross revenue compared to the same period in 2022 and a substantial 21% surge in comparison to the third quarter of 2021. Meanwhile, Class B recipients experienced a 9% rise compared to the corresponding quarter of 2022 and an impressive 41% increase compared to the third quarter of 2021.

Profits for both Class A and B players continued their upward trajectory, reaching €232,011,110. This represents an 11% uptick compared to the same period in 2022 and a notable 38% increase from the third quarter of 2021. Notably, the lion’s share of profits, specifically €172,726,941, belonged to Class B players during this quarter.

However, Class A and B betting earnings totaled €27,429,585, reflecting an 8% decrease compared to the corresponding quarter of the previous year (€29,705,139). Specifically, Class A betting receipts amounted to €11,657,180, marking a 14% decrease compared to the third quarter of 2022, while Class B betting receipts totaled €15,772,406, presenting a 2% decrease compared to the same period.

Examining the landscape of Class A properties, their number decreased by 2% in the third quarter of 2023 compared to the corresponding period of the previous year. The licensed properties, predominantly concentrated in Nicosia (169), Limassol (140), Larnaca (88), Paphos (54), and Famagusta (39), amounted to a total of 490 Cypriots.

Despite the positive financial indicators, there was a 44% increase in license cancellations or application withdrawals compared to the corresponding quarter of 2022. The number of individuals employed in licensed premises reached 1472, showcasing a 3% increase compared to the same period in 2022.

Addressing the issue of illegal betting, the report highlighted a 2% increase in blocked websites compared to the second quarter of 2023, with a total of 339 illegal websites added to the list. The current roster of prohibited betting service websites now stands at 18,577.

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THE IBIZA CASINO WELCOMES MIGHTY HAMMER, THE NEW GAMING SENSATION ON THE ISLAND

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The Ibiza Casino has added the thrilling multi-game by Zitro, Mighty Hammer, to its entertainment offerings. This innovative title, renowned for its global success, provides players with three levels of excitement and multiple possibilities, each connected to a different bonus link.

The management of the Ibiza Casino expressed, “The inclusion of Mighty Hammer in our gaming hall has generated great satisfaction among players, who enjoy this game due to its impeccable graphics and innovative mechanics.”

Jaime Aníbal-Álvarez, Director of Casinos in Spain for Zitro, has expressed gratitude to the Ibiza Casino for the opportunity to collaborate and bring Zitro’s products to their gaming hall. “With the inclusion of Mighty Hammer, we have no doubt that players will surrender to its highly entertaining gaming experience, featuring a dynamic gameplay.”

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