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Operation ‘Cheap Ink’: EPPO cracks down on €58 million VAT fraud involving office supplies
In an operation code-named ‘Cheap Ink’, the European Public Prosecutor’s Office (EPPO) in Venice (Italy) today detained 18 suspects, believed to be part of a criminal organisation selling office supplies at cheap prices by fraudulently avoiding VAT payment, with profits estimated at €58 million.
The investigation started in 2020, following targeted administrative checks against a number of companies operating in the trade of stationery and consumables for printing equipment. The extremely cheap prices charged for these products, not in line with the market, had aroused suspicions from the Italian Financial Police (Nucleo di Polizia Economico Finanziaria Bolzano –Guardia di Finanza).
Subsequent investigations revealed the existence of a complex fraud scheme involving more than 30 suspects who, using a network of companies located mainly in the Triveneto region, but also in numerous EU countries, handled the importation of these products into Italy, systematically failing to pay VAT.
The VAT evasion allowed the group to resell the imported products – mainly toners for professional printers, but also stationery – at extremely advantageous prices, distorting the principles of fair competition on the market.
Two entrepreneurs of Paduan origin, who remain in custody, are believed to be the promoters of the scheme, which involved using destitute people as ‘straw-men’ for around 30 companies, making it impossible to recover the due VAT. The assets of both suspects, amounting to €26 million, are being seized by Court order.
According to the investigation, the profits of the fraud allowed the suspects to acquire huge personal assets, including a Ferrari and other luxury cars, as well as valuable real estate.
The group is also suspected of laundering money through lucrative investments in Italy and abroad, in tourism, catering, real estate and cryptocurrencies.
At the request of the EPPO, the Judge for Preliminary Investigations of the Court of Padua issued the following coercive measures for the suspects arrested during today’s operation: three will remain in prison, eight under house arrest and three in compulsory residence. In addition, four suspects were banned from the exercise of executive offices of legal persons and enterprises.
In order to recover the damages to the national and EU budgets, the court ordered the preventive seizure of money and financial assets, vehicles and real estate to a total value of approximately €58 million, to be executed against 19 individuals and 20 companies. Shareholdings of eight companies are also being seized.
Today’s operation involved 30 searches carried out mainly in Veneto, but also in other northern Italian regions, by more than 100 Financial Police officers and ‘cash dogs’ – canine units specialised in searching for currency.
The investigation, which was ongoing for more than two years and was coordinated by the EPPO, involved the South Tyrolean Financial Police officers, in cooperation with investigative units from Czechia, UK, Poland, Austria, Slovakia, the Netherlands and Germany.
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Ataur Rosul Abeer Sales Supervisor at Slotegrator
Slotegrator & Gamblers Connect enter a new partnership
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Gamblers Connect, a leading iGaming media & affiliate website connecting operators, providers, and players across the global industry, is proud to announce its latest strategic partnership with one of the most respected names in iGaming technology, Slotegrator.
Founded in 2012, Slotegrator has become a cornerstone of the iGaming B2B landscape, empowering hundreds of successful online casinos and sportsbooks with a complete suite of advanced software solutions. From its Turnkey Casino Platform and APIgrator Game Integration module to its Telegram Casino and Moneygrator payment gateway, Slotegrator has continuously set the standard for innovation, flexibility, and compliance.
This partnership marks a major step in Gamblers Connect’s evolution from a trusted affiliate platform into a full-scale media and B2B hub, one that not only connects audiences with the world’s top operators but also shines a light on the technological engines driving the industry forward.
Through this collaboration, Gamblers Connect will highlight Slotegrator’s market-leading solutions across its media channels, showcasing how their technology simplifies market entry, accelerates growth, and ensures regulatory compliance in emerging and established jurisdictions alike.
Slotegrator’s expertise in areas such as crypto casino infrastructure, white-label platforms, and licensing advisory perfectly aligns with Gamblers Connect’s mission to connect the entire ecosystem, from software innovators to decision-makers seeking trusted, efficient, and future-ready solutions.
Together, the two companies will continue to emphasise values that have defined their success: responsibility, transparency, and innovation.
Ataur Rosul Abeer, Sales Supervisor at Slotegrator, commented: “We’re excited to collaborate with top-tier partners to showcase our latest innovations and deliver even more engaging experiences to the global iGaming community.”
Gjorgje Ristikj, Founder & CEO of Gamblers Connect, added: “Partnering with Slotegrator represents more than just a collaboration, it’s a strategic alignment of vision. Both our teams share the same goal of improving and Connecting the iGaming industry through quality, integrity, and technology. We’re proud to stand alongside such a respected name as we continue expanding Gamblers Connect’s media and B2B reach worldwide.”
The post Slotegrator & Gamblers Connect enter a new partnership appeared first on European Gaming Industry News.
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Emerging-markets leader broadens its eclectic gaming suite with fresh content from an emerging force in the sector
QTech Games, the leading game aggregator for emerging markets, has continued to build the momentum in its premium pipeline, thanks to its latest deal with prominent igaming supplier KingMidas Games in a move set to power the studio’s aggressive international expansion strategy.
Through this partnership, more than 100 KingMidas Games titles—spanning its signature Classics, Next-Gen, Slots, and other top-performing genres—are now available to new operator partners via QTech’s definitive aggregator platform for emerging markets.
KingMidas Games is becoming known for its “next-generation content” which serves as a cornerstone of its gaming suite. Its diverse portfolio includes Cards, Chips, Classics, Dice, IP Content, Lottery, Roulette, Slots, and Virtual Experiences – and is defined by radical thinking and engaging game mechanics, as exemplified by high-speed go-kart races, animal obstacle courses, or survival-style gameplay.
This deal organically widens KingMidas Games’ international footprint, unlocking untapped jurisdictions for diversified growth from Asia to Africa and Eastern Europe to Latin America, where the supplier has made strong recent strides together with QTech Games.
Philip Doftvik, QTech Games’ CEO, said: “We’re committed to rolling out first-class content that drives revenue for our partners. So, this deal with KingMidas Games extends our impressive sequential pipeline into 2025. Operators are always looking for fresh and engaging titles that truly stand out, and KingMidas Games is thriving against the backdrop of a homogenised marketplace. Like us, KingMidas is dedicated to delivering experiences that combine creativity, tech, and cultural relevance to meet evolving localised player expectations and drive new revenue streams for our growing group of worldwide operators.”
Sean Auret, Global Head of KingMidas Games, added: “We are thrilled to further collaborate with QTech, one of the industry’s leading aggregators renowned for connecting high-quality content with dynamic markets. This partnership amplifies KingMidas Games’ reach across key emerging territories and marks another exciting step in our mission to deliver next-generation gaming experiences to a truly global audience.”
The post QTech Games maintains its gold standard with KingMidas Games appeared first on European Gaming Industry News.
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Leading iGaming content provider Spinomenal has released Demi Gods VII Ultra Mode as part of its hugely successful Demi Gods Series.
Demi Gods VII is a 5×4 reel 50 lines video slot that takes players on an epic journey through the realm of the immortals, where financial fate rests with the gods. A powerful, surging soundtrack amplifies the gameplay and makes for a thunderous reels experience.
Persephone, Hephaestus, Nyx and Zeus each guard their own unique feature, offering players a thrilling blend of mythology, artistry, and innovation. Wilds count for all symbols except the free spins symbol and five on a line pay x300 the bet. In the base game, a win multiplier may appear while the reels are spinning to multiply the win by either x2 or 3x.
Three or more full-sized Scattered free spins symbols will initiate the Free Spins feature and each time this occurs, players will move to the next Free Spins feature marked by the four gods. Landing the Ultra Scatter Free Spins to complement the Free Spins boosts each of the Free Spin features.
The journey begins with Persephone for Guaranteed Wins where any spin resulting in a loss means a respin triggers which guarantees a win.
Another three Scattered free spins takes players to meet Hephaestus for Sticky Wilds. Here while the reels are spinning, a Sticky Wild symbol can appear and will stay on the reels until the end of the free spins round. In Ultra Mode each respin adds a multiplier, starting at x2 and increasing with every additional respin in the same sequence. The multiplier resets after a winning spin.
Nyx is next for Synced Reels for every spin, two random reels on the slot will be synced and identical to one another. If Ultra Mode is active, then three random reels will be synced rather than two.
The end of the Free Spins road is Zeus and Stacked Wilds Respin. During this round, each time a stacked Wild symbol fully lands on a reel, a respin is triggered. Ultra Mode means that there will be guaranteed stacked Wilds on every spin across reels one to five. Two stacked Wilds landing fully trigger a respin.
The post Spinomenal presents: Demi Gods VII Ultra Mode appeared first on European Gaming Industry News.
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