The Parliamentary Secretary for Financial Services, Digital Economy & Innovation, Hon. Silvio Schembri announced that a motion has been presented in Parliament for the first reading of a new Gaming Bill which will seek to repeal all the existing legislation and replace it with a singular primary Act of Parliament, together with subsidiary legislation covering horizontally the main thrusts of gaming regulation as well as a series of technical directives and guidelines currently being consulted on by the Malta Gaming Authority (MGA) for eventual publication and rollout by the regulator once the Act comes into force.

In the last couple of years, cryptocurrency has grabbed a spot in our news headlines as being the money of the future. As expected, significant financial institutions have begun incorporating this system into their daily activities, and iGamingAdvisors isn't an exception.

In the digital era, cryptocurrency has evolved to become the most secure way for communications, sharing of information and the perfect means of storing money online. Presently, the world has more than 1,000 available cryptocurrencies, but the most renowned is Bitcoin, created in 2009.

Are you a company that would like to raise an ICO, Crypto Currency Exchanges and wallets? Are you interested to enter the Crypto world?

As you may be aware Malta is currently stepping up its pace to be the first European member state to regulate  ICOs, Crypto Currency Exchanges and wallets amongst others.

Malta was the first European member state to successfully regulated the iGaming industry. Once again Malta is the first in offering a sandbox testing for Crypto Currencies and the blockchain technology within the gaming sphere.  

If you are in need of professional consultancy, legal advice,  regulating your business, bank account opening or any of your gambling needs, get in touch with us today by email on This email address is being protected from spambots. You need JavaScript enabled to view it..

Swedish media outlets got a whole lot fatter on unauthorized online gambling advertising cash last year, despite efforts by regulators to clamp down on the activity.

Sifo Advertising Measurements and Dagens Media recently released a new analysis of gambling advertising spending in Sweden, which showed overall spending of SEK 5.5b (US$684.5m) in 2017, up significantly from 2016’s SEK 3.8b and a new market record.

In 2016 alone, online gambling generated over $44 billion in revenue, most of the revenue coming from mobile devices. With a projected 5 billion mobile devices and rapid increase in mobile gaming adoption rate, the gambling industry is projected to be worth well over $80 billion by year 2022 and that is for official numbers, we expect a large underground bigger market.

Online gambling industry does come with many challenges. Main challenges being consumer fears of not getting paid or being cheated during game play. Since its inception, online gambling has gone through several dubious practices in 2008 and 2011 specifically around world of online poker.

Members of congress from the Garden State have penned a letter to the US Department of Justice (DOJ) voicing their opposition to any plans by the Trump administration to clampdown on states allowing regulated online betting.

Proponents of a ban on regulated online betting are calling for the introduction of Restoration of America’s Wire Act (RAWA) legislation that would restore the ban in regulated online betting, which has been effectively rendered mute by a DOJ decision made in 2011.

Among the advocates calling for the restoration are casino magnate Sheldon Adelson, who most recently sent a letter to the DOJ in December.