Connect with us

Industry News

Soft2Bet opens yet another EU office

George Miller

Published

on

Soft2Bet opens yet another EU office
Reading Time: 1 minute

 

The online gaming operator and platform provider Soft2Bet actively extends its presence in European countries – after setting up an executive management office in Sofia, this month the company opened another European office in downtown Limassol.

Boris, Soft2bet CEO: “after experiencing major growth over the past year, we are committed to become the next big success story in the online gaming industry and we are heading in this direction at a fast pace. The new Cyprus office will help the company support that aim.”

As a prime financial center in the Mediterranean, Cyprus is ideally situated at the heart of EU, attracting companies and specialists from around the world. The Soft2Bet Cyprus office is yet another step in the company’s expansion, providing current and prospective clients with increased international coverage.

Soft2bet’s team of regional directors met to celebrate the occasion and took the opportunity to discuss future plans for the company’s continued development. The new office in Limassol will act as an important hub for partners seeking to expand their business, as well as being a central point of contact with companies working within EU.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Comments

Industry News

MGA to sign deal with Guardia di Finanza

Niji Ng

Published

on

By

MGA to sign deal with Guardia di Finanza
Photo Source: cfjctoday.com
Reading Time: 1 minute

 

The Malta Gaming Authority has revealed plans to enter into an agreement with Italy’s Guardia di Finanza to share intelligence with investigators of both the countries for more effective tackling of illegal gaming activity.

The agreement is expected to be signed in a few days. The deal is proposed after a recent investigation revealed Malta’s role in a multi-billion Euro money-laundering scheme and resulted in the arrest of 68 people and the seizure of over €1 billion in assets across Europe.

The investigation, which was done in cooperation with Eurojust, the Maltese authorities, and their European counterparts, was led by the prosecutors of Bari, Reggio Calabria and Catania, and coordinated by the Italian National Anti-Mafia and Counter-Terrorism Directorate.

Continue Reading

Industry News

Italy nabs online gambling mafia crew

Niji Ng

Published

on

By

Italy nabs online gambling mafia crew
Photo Source: pixabay.com
Reading Time: 1 minute

 

The Italian police have arrested 68 men in connection with the running of massive online betting racket after an international combing operation, which involved more than 800 police personnel. The police seised assets worth more than €1bn. The mafia’s operation was spread over 12 countries.

The groups arrested had been making deals with businesses in the online betting world, providing them with facilities to recycle large quantities of money through illegal parallel circuits on betting platforms in exchange for promotion and protection.

Some of those who had been arrested own Rolex watches and Ferraris and used to eat in posh restaurants and indulge in gambling in Las Vegas.

Federico Cafiero de Raho, the Police Unit’s Head, commented: “We can see from ongoing investigations how the mafias work together in different sectors. We still need to establish whether there is a fixed leadership or if the deals change depending on the territories involved.”

Goods and cash were apprehended in Albania, Austria, Great Britain, Germany, the Isle of Man, Italy, Luxembourg, Malta, Romania, Serbia, the Seychelles and Switzerland.

Continue Reading

Industry News

Swiss Casinos forges partnership with Playtech for online launch

Niji Ng

Published

on

By

Swiss Casinos forges partnership with Playtech for online launch
Photo Source: techfinancials.co.za
Reading Time: 1 minute

 

Swiss Casinos, a major land-based casino operator in Switzerland, has signed a partnership with Playtech, the premier gaming software development company based in Isle of Man, for the launch of its online casinos.

The move is significant as the Swiss market will host iGaming for the first time from January 2019.

According to the newly passed Swiss legislation, only the land-based casino operators in the country will be eligible for the licence to run iGaming facility through their online channel from January.

“We are extremely excited to have found an internationally experienced and innovative partner in Playtech,” Swiss Casinos Group chief executive Marc Baumann said. “We will now be able to offer our customers in Switzerland an attractive iGaming offering.”

Playtech chief operating officer Shimon Akad added that his company was pleased to have partnered Switzerland’s leading casino brand.

“Playtech has a long history of success in cooperation with leading brands in the world’s most important gambling markets, and we are looking forward to a long and successful partnership with Swiss Casinos,” he said.

Continue Reading
Advertisement
NSoft
Advertisement
BetConstruct

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.