Canada
Malta economy and online casinos

Malta was one of the first countries in the world that recognized the potential of the online casino and iGaming industry in general. Formed in the 1990s, this industry is now worth over $50 Billion and thanks to the early recognition, this small Mediterranean county is now enjoying the benefits that come with this industry. It has a highly positive effect on the country’s economy in so many different ways.
The Malta Gambling Authority was formed way back in the early 2000s and it was part of the country’s strategy for the development of the iGaming industry. Unlike most countries of the time, Malta had a highly affirmative view of this industry from the early beginnings. The MGA was formed in order to issue licenses and support industry development in general. Obviously, the goal was to make this small island one of the best destinations for foreign operators. These days, around 300 global players in the industry are located in Malta.
With such a number of corporations operating in such a small country, there is no doubt that tax collection has had a significant impact on the overall economy. According to some reports, the iGaming industry has a 15% share of the country’s total economic activity. Obviously, that number will continue to grow.
Benefits from iGaming aren’t just displayed in GDP and tax numbers. This industry has also had a big impact on other fields. For example, Malta now has several educational programs specified for the online casino bonus industry.
The reason is obvious. This is a small country and if we look at the numbers, it turns out that 60% of employees in the industry come from overseas. Only 40% belongs to the domestic share. Obviously, one of the strategies is to change that trend and to increase the share of domestic workers. So, educational institutions have increased the offer of their classes, including numerous ones that target gaps that exist in the industry at the moment.
At this point, it is estimated that there are over 6.000 employees working in this industry and if we can trust experts, operators are currently in need of 3.000 additional workers. So, we may expect further arrivals of foreign workforce.
This leads us to another aspect of the iGaming influence on Malta’s overall economy. For example, with such a big number of abroad workers, it’s easy to conclude that demand for real estate has increased significantly. Workers prefer to rent a property, which has increased the rental prices by a notable percentage. According to some reports, the average property prices have been increased by 10% in the past several years.
Another impact of iGaming on Malta’s economy is the fact that offices of operators also have a positive impact on local businesses, such as service providers, restaurants, coffee shops etc.
In the last couple of years, more and more countries are starting with a similar practice as Malta. However, we don’t believe that this could slow down the growth of the country’s online casino industry and the overall economy. This small Mediterranean island will continue to grow, despite the growing competition. Simply, MGA is still one of the highest-reputable bodies in the business, who issues licenses to operators from all over the world. Simply, gaining these licenses is a matter of prestige, so operators who have gained them proudly advertise is, as a way to attract players from all around the world to register on their website.
Simply, the years of experience have provided MGA a kind of reputation that most newer regulatory bodies from other countries will hardly be able to reach. This body has set pretty high standards, whether it’s about player protection, fair gaming, operator accountability.
Founded in 2001, the Malta Gaming Authority also pays a lot of attention to the protection of youngsters and other vulnerable groups, and it is a body that ensures the integrity of games and operators, as well as that the industry is free from criminal activities.
Other than MGA, there are just a couple of more regulatory bodies in the world that can be considered as good. Those would be the UK Gambling Commission, as well as similar regulatory bodies from Gibraltar and Curacao. However, Malta still remains in the leading destination, and we have no reason to believe that things could change much in the future.
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Bragg Gaming
Bragg Confirms Cyber Attack – Hackers Access Internal IT Systems

Bragg Gaming Group, a leading online gaming technology provider, has confirmed a major cybersecurity incident that compromised its internal IT infrastructure in the early hours of Saturday, August 16, 2025.
The company detected unauthorized intrusion attempts that successfully breached its internal network, triggering an immediate and comprehensive incident response.
Key Takeaways
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Bragg Gaming Group experienced a cybersecurity breach involving access to internal IT systems.
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No customer personal data or payment information appears to have been compromised.
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The company has enacted full containment and investigation protocols.
Details of the Breach
According to a preliminary forensic analysis by Bragg’s internal security team, the attack was a targeted breach aimed at the company’s internal computer environment. While the exact method of intrusion is still under investigation, early indicators suggest a sophisticated exploit of internal network vulnerabilities.
Fortunately, the company’s customer-facing systems, including sensitive user data and financial information, appear to have been unaffected. Bragg’s existing encryption protocols and access control systems successfully prevented the attackers from accessing customer information.
Immediate Response Measures
In response to the breach, Bragg launched a multi-tiered containment strategy, including:
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Network Segmentation to isolate affected systems
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Enhanced Monitoring of data flows across its Remote Games Server (RGS) platform
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Security Audits of critical infrastructure, including the Bragg Hub and PAM systems
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Engagement of Independent Cybersecurity Experts to assist in incident analysis and system hardening
Bragg’s Security Operations Center has also elevated its alert level, initiating 24/7 monitoring across all server clusters and network endpoints. In addition, company-wide penetration testing is now underway to proactively identify any residual vulnerabilities.
Business Continuity Maintained
Despite the severity of the breach, Bragg reports that its operations remain unaffected. All gaming services, including iCasino and sportsbook offerings across regulated markets, continue to function without disruption.
“While this incident is deeply concerning, we are confident in the rapid and thorough response initiated by our team,” a company spokesperson stated. “We remain committed to protecting our infrastructure, our partners, and most importantly, our players.”
Looking Ahead
As part of its response, Bragg has also launched mandatory security awareness training for all employees to reinforce best practices and prevent future incidents.
Cybersecurity analysts will continue working with Bragg to determine the full scope of the attack, improve system resilience, and maintain the trust of its users and stakeholders.
Bragg’s handling of the incident highlights both the evolving nature of cybersecurity threats and the importance of robust, responsive defense systems in the digital gaming sector.
Source: cybersecuritynews.com
The post Bragg Confirms Cyber Attack – Hackers Access Internal IT Systems appeared first on Gaming and Gambling Industry in the Americas.
AGCO
AGCO Removes Cap on Seller Commission for Charitable Lottery Products

The Alcohol and Gaming Commission of Ontario (AGCO) has updated several lottery policies to remove the cap on seller commission for Paper Raffles and Media Bingo, along with removing the prohibition on Catch the Ace paper lotteries, to align with other charitable lottery products.
Licensed charities may now negotiate commissions directly with sellers and determine commissions, provided they are reasonable and tied to the cost of service provided by the seller.
These updates further the AGCO’s commitment to adopt an outcomes-based regulatory approach and reduce burden for the charitable gaming sector. Local charitable organizations will have greater flexibility to make decisions that best serve their fundraising objectives.
Important Reminders
• Charities must still receive approval for other expenses incurred under their licence and retain receipts for seller commission paid.
• Licensing authorities will not require documentation to be submitted as part of the application process, however, charities are still subject to audit to determine compliance.
• Charities are reminded of their legal requirement to meet their obligations under the Criminal Code and with respect to conducting and managing a charitable gaming scheme.
• As with all licensed charitable lottery events, charities must take the necessary steps to ensure that they are conducting and managing the lottery event within Ontario.
For charitable gaming-related inquiries, email an AGCO Eligibility Officer at [email protected] or call AGCO Customer Service at 1-800-522-2876, Monday to Friday from 8:30 a.m. to 5 p.m.
The post AGCO Removes Cap on Seller Commission for Charitable Lottery Products appeared first on Gaming and Gambling Industry in the Americas.
Alon Segev
Segev LLP Celebrates 10 Years of Business-Focused Legal Innovation

Leading business, technology, finance, and gaming law firm, Segev LLP, is proud to announce its 10th anniversary. Over the past decade, Segev has evolved from a bold idea into a multi-jurisdictional firm serving clients across Canada, the U.S., and beyond.
Built for innovation-driven industries, the firm is widely recognized for its work with companies at the forefront of gaming, crypto, technology, and emerging sectors. “Our 10-year anniversary is a defining moment,” said Founding Partner, Ron Segev. “It’s a testament to the strength of our team and our culture of teamwork, self-improvement, and growth – all of which is directed at scoring wins for our great clients.”
As industries like fintech, crypto, iGaming, and AI have matured, so has the firm, often in parallel with its clients. “We’ve all grown together with our clients from one success to the next, whether it be helping clients complete financings or helping them close business,” said Managing Partner Alon Segev. “I look forward to continued growth for us and our clients in the next 10 years!”
The firm’s client-first approach has consistently earned recognition from top legal ranking guides. Segev LLP is ranked by Chambers and Partners as a “Leading Firm” and “Band-1” in Canada for Gaming Law and are also recommended by The Legal 500 and Lexology. These rankings reflect the team’s ability to deliver strategic, high-quality legal solutions that align with their clients’ business goals.
Recognized for their unique ability to exceed expectations and deliver out-of-the-box solutions, Segev LLP’s clients have affirmed: “The firm demonstrates its capability not only to understand complex matters, but also to offer solutions that are practical, pragmatic, and value-adding.”
“Segev possesses outstanding resources and maintains global partnerships, enabling it to deliver precise and informed responses to any queries related to the iGaming industry.”
“Epic service, very good, I won the case!”
“Great service, friendly atmosphere, and support.”
Several Segev team members also reflected on the milestone: “There was a moment early in my time here when I realized I wasn’t just being brought in to help; I was expected to contribute, take initiative, and run with big ideas. That stuck with me,” said Negin Alavi.
“Together with our clients, [Segev] has experienced remarkable growth over the past decade. I’m honored to have contributed to this journey and to celebrate these shared successes,” said David McHugh.
“Segev has cultivated a thriving law practice on the principle that challenges are to be embraced as opportunities. The approach has enabled us to grow as lawyers, but more importantly, it has enabled us to ensure the success of our clients,” said Mark Balestra.
“Since joining through Segev’s Ontario expansion, I’ve had the chance to work alongside some of the sharpest and most collaborative lawyers in the gaming space,” added Manav Bhargava. “As a full-service firm and industry leader, Segev stands out for its ability to support innovative businesses with practical, forward-thinking legal advice.”
Segev LLP will commemorate the anniversary with a series of internal and external initiatives throughout the remainder of the year.
The post Segev LLP Celebrates 10 Years of Business-Focused Legal Innovation appeared first on Gaming and Gambling Industry in the Americas.
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