Gambling Clear News
Alex Igelman, CEO of Esports Entertainment, shared the company’s plans for B2C expansion and outlined its divestment efforts in a letter to shareholders published today (18 April). Esports Entertainment has been in trouble since May 2022 when it admitted “doubt” regarding whether it could stay in business for another year. In November, its brands SportNation
Casino Malta has been fined €233,834 (£206,633/$249,510) for a host of anti-money laundering and counter-terrorist financing (AML/CTF) failures. Malta’s Financial Intelligence Action Unit (FIAU), a government agency responsible for combatting money laundering and terrorist financing, fined Casino Malta for a lack of due diligence and inadequate risk assessment procedures. Referring to one case, the FIAU
Troubled igaming operator Genesis Global has laid off all of its employees, telling them it may not be able to pay their December wages, and begun insolvency proceedings, just two days before Christmas. As reported by the Times of Malta, Genesis Global sent a letter to all of its 140 employees on 23 December, informing
