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The MGA Publishes its 2019 Annual Report and Financial Statements

Published

6 years ago

June 23, 2020

Reading Time: 2 minutes

The Malta Gaming Authority (MGA/Authority) is publishing its Annual Report and Financial Statements for the financial year ending 31 December 2019, providing an overview of the work performed throughout the year by the Authority. In addition, the report also includes a summary of the performance of the Maltese gaming industry during 2019 and an outlook for the medium-term future.

The following are the key highlights from the Annual Report covering the year 2019:

The Authority cancelled 14 licences and suspended 11. In addition, it issued 20 warnings, 89 Notices of Breach and 23 administrative fines imposed on operators following various regulatory breaches;
89 applications for a gaming licence were received in 2019; 44 applications were either rejected or withdrawn and 53 licences were issued during the period under review, including licences the application for which had been received during the previous year;
15 individuals and companies were deemed not to be up to the Authority’s probity standards by the Fit & Proper Committee, mainly on the basis of mitigating the risks of money laundering or funding of terrorism;
48 audits were conducted by the Compliance and AML function;
69 international cooperation requests were sent by the MGA in 2019, predominantly as part of the criminal probity assessments, with the Authority receiving 58 international co-operation requests;
1,300 criminal probity screening assessments were carried out in 2019;
The Authority revised its Memorandum of Understanding (MoU) with the Financial Intelligence Analysis Unit, and also signed an MOU with the Malta Police Force, aimed at strengthening the fight again corruption and money laundering;
As at the end of December 2019, the number of companies licensed by the MGA, including both online and land-based entities, stood at 294.

In publishing this report, Heathcliff Farrugia, Chief Executive Officer of the Malta Gaming Authority, stated that: “Overall, 2019 was a very challenging but at the same time rewarding year for the MGA. The increased focus on compliance and enforcement which was prevalent throughout the year has yielded tangible results for the Authority.

This focus led to internal restructuring for the better achievement of the MGA’s objectives, and was also pivotal in the Authority’s drive towards the setting up of the Sports Integrity Unit, tasked with increasing the commitment towards the fight against the manipulation of sports competitions. In its first months, this unit has already signed important collaboration agreements with international sport bodies in order to tackle betting-related corruption and ensure the integrity of sports.

Such collaboration, both at a local and international level was high on the agenda in 2019, and will continue being crucial in 2020, as a key determining factor in the ongoing fight against crime, corruption and money laundering.”

EPIC agree

Onrise and EPIC agree strategic partnership for gambling harm prevention

Published

58 minutes ago

March 2, 2026

Wladimir P.

onrise-and-epic-agree-strategic-partnership-for-gambling-harm-prevention

Onrise, the trusted mental health platform for athletes across the US, has entered a strategic partnership with EPIC Global Solutions, a leading consultancy in gambling harm prevention. The collaboration aims to enhance support services for athletes and coaches at professional and collegiate levels amid growing concerns around sports wagering and gambling-related risks.

EPIC Global Solutions brings expertise grounded in lived experience of gambling addiction. Through this partnership, EPIC will provide education and training—both face-to-face and digital—to supplement Onrise’s network of over 250 peer support experts. These services are designed to help sports organizations promote safer relationships with gambling products.

The Onrise platform already offers a comprehensive support system, including licensed therapists, psychiatric care, sports performance coaching, and retired athlete peer support, all delivered securely through one-on-one sessions with flexible scheduling.

Kim Quigley, Founder and CEO of Onrise, commented:
“Student-athletes live in a time where gambling and sport intertwine in so many ways, with significant wagering interest in collegiate sport. This partnership with EPIC Global Solutions is about getting in early, before a bet becomes a burden carried in silence. By pairing world-class gambling education with Onrise’s athlete-specific mental health care, we can spot risk sooner, intervene faster, and protect their health, future, and the team communities depending on them.”

Paul Buck, CEO of EPIC Global Solutions, added:
“This partnership arose from a shared alignment of values. Gambling and sports wagering is growing fast in the US, particularly in sports and college sectors. Together, we can provide stronger, athlete-focused support to promote mental health, wellbeing, and performance.”

The partnership coincides with Problem Gambling Awareness Month in the US, running throughout March to raise awareness of early identification and prevention of gambling-related harms.

The post Onrise and EPIC agree strategic partnership for gambling harm prevention appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Dota 2 Team

LEON Esports Expands its Partnership with GamerLegion to Include a Dota 2 Team

Published

58 minutes ago

March 2, 2026

Wladimir P.

leon-esports-expands-its-partnership-with-gamerlegion-to-include-a-dota-2-team

Online casino and sportsbook LEON has strengthened its esports involvement by extending its partnership with the organisation GamerLegion to cover the team’s North American Dota 2 roster.

Previously sponsoring GamerLegion’s Counter-Strike 2 team, LEON’s expanded collaboration marks the next step in the brand’s growing esports strategy.

GamerLegion’s Dota 2 squad, formed in late 2025, played its first official match on November 15th and is currently ranked approximately #17 globally. The team has already competed in major tournaments, including PGL Wallachia, DreamLeague, and BLAST Slam.

As part of the extended partnership, LEON and GamerLegion will introduce exclusive giveaways, fan activities, and collaborative content for the esports community, further strengthening engagement across both teams and their audiences.

The post LEON Esports Expands its Partnership with GamerLegion to Include a Dota 2 Team appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Colombian market

GoldenRace reinforces leadership in the Colombian market alongside Olympia Apuestas Virtuales

Published

59 minutes ago

March 2, 2026

Wladimir P.

goldenrace-reinforces-leadership-in-the-colombian-market-alongside-olympia-apuestas-virtuales

GoldenRace, a global leader in Virtual Sports and the first and only ACDV-certified provider in Colombia, has signed a partnership with Olympia Apuestas Virtuales. This collaboration expands GoldenRace’s footprint in the Colombian retail sector while raising standards for virtual gaming.

Colombia has long been a strategic market for GoldenRace, and its compliance with Coljuegos regulations ensures operators can run certified, fully transparent products. Olympia’s terminals now feature GoldenRace’s full virtual sports portfolio, demonstrating how advanced technology can seamlessly adapt to local legal and operational requirements. Since November 2025, Olympia has successfully deployed multiple terminals, highlighting growing player demand for fast, secure, and accessible gaming experiences.

GoldenRace virtual betting delivers instant excitement, with events every five minutes and betting options across football, horse racing, dog racing, motorcycling, and more. The platform requires minimal registration while offering immediate results, catering to players seeking quick, adrenaline-filled entertainment.

Martin Wachter, CEO and Founder of GoldenRace, commented:
“Our track record in Colombia has allowed us to understand what operators need and what players love. Partnering with Olympia lets us expand in the retail sector, bringing certified virtual games to physical points of sale where trust and immediacy are crucial.”

David Cadavid, Betting Coordinator at BetPlay and Olympia Casinos, added:
“This partnership is central to our diversification and growth strategy. Virtual betting represents both fast, accessible entertainment and a contribution to the national economy. GoldenRace’s certified products are a clear opportunity for innovation, development, and profitability in Colombia.”

The GoldenRace–Olympia alliance is set to continue transforming the virtual betting landscape in Colombia, offering players instant action while supporting sustainable business growth.

The post GoldenRace reinforces leadership in the Colombian market alongside Olympia Apuestas Virtuales appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.