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The MGA Publishes its 2019 Annual Report and Financial Statements

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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  • 89 applications for a gaming licence were received in 2019; 44 applications were either rejected or withdrawn and 53 licences were issued during the period under review, including licences the application for which had been received during the previous year;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.”

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Duelbits launches Tap Trading, a live Solana price-prediction casino game

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Duelbits has launched Tap Trading, a new chart-based casino game that lets players wager on short-term movement in Solana (SOL) price data. The company said the game is now available globally on the DuelBits platform.

Tap Trading shows a continuously updating chart tracking SOL’s live price. Players wager on whether the price will move up or down over 10-second intervals, with the company stating successful predictions can pay “up to 40x” the original stake.

Duelbits positions Tap Trading as distinct from crash games and prediction markets, framing it as a real-time, rapid-cycle format built around market data rather than simulated outcomes. The operator also said the game is optimised for mobile and supports multiple currencies.

To support the launch, Duelbits said it is rolling out an acquisition and awareness campaign aimed at crypto-native audiences, including partnerships with creators and KOLs, social media activations, community initiatives and streamer collaborations.

Jasper Hoekert, Chief Marketing Officer at Duelbits, said: “Tap Trading represents a significant step forward in how players interact with market based gaming experiences.

“With Tap Trading we created a product that feels familiar to crypto traders while remaining accessible and entertaining for casino players. We’re continuing to push the boundaries of what’s possible in crypto gaming, reinforcing Duelbits’ position as a leader in product innovation and delivering unique experiences that players won’t find anywhere else.”

The post Duelbits launches Tap Trading, a live Solana price-prediction casino game appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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GGPoker brings back $1M Go for Gold promo for Spin & Gold players

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GGPoker is bringing back its $1M Go for Gold promotion for Spin & Gold players starting June 12, with $1,000,000 in additional prizes available while supplies last, the operator said.

The promotion applies to all 3-Max and 6-Max Spin & Gold tournaments. At the start of each tournament, the prize multiplier wheel determines that game’s prize pool. Players then earn a “stamp” for each different multiplier they hit, with 3-Max and 6-Max stamps treated as interchangeable equivalents.

A player becomes eligible for an instant cash prize after collecting five different multiplier stamps, with prizes worth up to $10,000 per completed card, according to GGPoker. After opening a prize, players can begin collecting a new set of stamps 24 hours after the moment they collected the first stamp of the previous run.

“Spin & Gold games are already some of the most exciting formats we offer, but our $1M Go for Gold promotion turns the dial up to eleven,” said Paul Burke, Head of Public Relations at GGPoker. “Our community loved this promotion last year, and we couldn’t wait to bring it back. We’re thrilled to give our players another chance to turn spins into up to $10,000 in extra cash, simply by hitting the multipliers!”

GGPoker has also linked the promotion to its broader $14M June Giveaway, with full terms and conditions available on the operator’s promotional page.

The post GGPoker brings back $1M Go for Gold promo for Spin & Gold players appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Yaspa takes AI Solutions Provider and Safer Gambling Supplier at EGR B2B Awards 2026

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Fintech supplier wins two categories at the 3 June ceremony in London, with judges citing its Intelligent Payments platform and open-banking approach.

Yaspa won two categories at the EGR B2B Awards 2026 on 3 June, taking home AI Solutions Provider and AI Solutions Provider at the ceremony in London.

The EGR B2B Awards, held this year at the HAC, recognise suppliers across the iGaming industry. In awarding the AI Solutions Provider trophy, judges said: “Yaspa has demonstrated a highly credible, research-backed, and socially responsible innovation that uses AI to address one of the industry’s toughest challenges: linking financial well-being with gaming behaviour. Yaspa’s Intelligent Payments platform combines technical depth, regulatory alignment, and real-world performance metrics, making it a standout entrant for categories focused on AI innovation, data analytics, or responsible gambling enablement.”

For Safer Gambling Supplier, the judges added: “Yaspa has delivered a strong and innovative submission focused on financial vulnerability and demonstrating a great take on open-banking’s ability to link to at-risk indicators. Intelligent Payments is well aligned to current affordability challenges and provides useful research validation.”

James Neville, CEO of Yaspa, said: “To win not one but two awards at the coveted EGR B2B Awards is an incredible achievement and testament to the great work the whole Yaspa team has done from the company’s inception to now.

“The recognition by the industry of how our technology is using AI to make gambling safer shows the direction the market is heading and how we are leading the technological innovation in this space, from the front.”

Yaspa said the wins follow a period of growth over the past 18 months, including a $12m investment round in July led by Discerning Capital. The company also referenced the opening of a new Atlanta office in the US and a tech hub in Leeds, UK, in August 2025.

The post Yaspa takes AI Solutions Provider and Safer Gambling Supplier at EGR B2B Awards 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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